Search found 63 matches

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: 151
Views: 10731

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: 10
Views: 962

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: 1628

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: 4259

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: 8757

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: 10507

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: 11647

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: 2519

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: 3802

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: 14
Views: 1335

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: 3681

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: 38856

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: 7488

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: 5362

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...
by LawyersGunsAndMoney
Wed Feb 14, 2018 6:05 pm
Forum: Personal Consumer Issues
Topic: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns
Replies: 41
Views: 4775

Re: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns

Overall not a great look for LL Bean. Political kerfuffle earlier in the year plus changing the return policy (which was a giant open loophole for decades) at a time when many other companies are going in the opposite direction to provide more generous customer service policies isn't good for the br...
by LawyersGunsAndMoney
Wed Jan 31, 2018 3:48 pm
Forum: Personal Consumer Issues
Topic: Your shopping strategy for new tires?
Replies: 154
Views: 14134

Re: Your shopping strategy for new tires?

The quality of experience at Costco can vary tremendously. I recently bought tires from them and had them installed at the Long Island City, Queens location and it was a nightmare from start to finish. Not to mention Costco doesn't do alignment. Next time I will go back to having my mechanic order a...
by LawyersGunsAndMoney
Thu Jan 25, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: High Yield Savings Account Recommendations?
Replies: 48
Views: 4615

Re: High Yield Savings Account Recommendations?

I use Marcus (formerly Goldman Sachs Bank). The branding is weird and the new UI isn't great - but transfers execute in 1 day unlike, say, Barclays where you're lucky if they happen in 4.
by LawyersGunsAndMoney
Wed Jan 17, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: London/Paris Trip Questions
Replies: 41
Views: 2048

Re: London/Paris Trip Questions

1. Use Google flights to see what options are (also check Norwegian) - and then book directly thru the airline(s) website. Better for seat assignments, alerts, and in case there are any issues/delays with flight to book thru airline vs. third party. If flying into Heathrow, would recommend taking th...
by LawyersGunsAndMoney
Fri Jan 12, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: Best 401k Employer Match Structure
Replies: 115
Views: 10361

Re: Best 401k Employer Match Structure

My firm (small prof services firm) does a Safe Harbor Non-Elective Contribution equal to 3% of each employees salary (regardless if they contribute their own $ of not), and then an additional profit-sharing component that has been 4.5% on top of that (has been 4.5% for last 5 years). We use a 3 year...
by LawyersGunsAndMoney
Fri Dec 29, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: The Economics of a new Puppy
Replies: 113
Views: 7959

Re: The Economics of a new Puppy

The things that I would strongly recommend investing time and $ on are: 1. Crate Training: It makes housebreaking so much easier and less stressful, and having a dog that is used to/likes going into her crate makes travel easier and safer, and makes boarding at a facility (if needed) much simpler an...
by LawyersGunsAndMoney
Mon Nov 27, 2017 2:52 pm
Forum: Personal Consumer Issues
Topic: Etiquette question: Paying for meals out & out of town guests
Replies: 79
Views: 6540

Re: Etiquette question: Paying for meals out & out of town guests

Chalk the $65 up to the cost of being a gracious and accommodating host, and leave it at that.
by LawyersGunsAndMoney
Fri Nov 17, 2017 9:17 am
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 98
Views: 6359

Re: Where did you first learn about investing?

When I was in 5th Grade my math class played a stock market game. We each had a fixed amount of fake money and had to choose individual stocks that we would invest in. Mind you, this was in the early 1990s before computers - so the teacher gave us the stock symbol/reports sheets that the newspapers ...
by LawyersGunsAndMoney
Thu Nov 16, 2017 11:01 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 131
Views: 11732

Re: Do you meditate?

Yes, twice daily (in the morning and in the late afternoon). Usually do at home or as soon as I get to office, and then again in the afternoon in my office. I got into the practice via the Headspace App, which I'd highly recommend for anyone just beginning. I work in a frantic, high-stress field and...
by LawyersGunsAndMoney
Thu Nov 16, 2017 10:50 am
Forum: Personal Consumer Issues
Topic: buying a tux - any experience with Indichino?
Replies: 7
Views: 712

Re: buying a tux - any experience with Indichino?

Indochino is fine - though would probably not go this route if you don't live near a showroom that can professionally measure you. Generally these mail-order custom shops have gotten much better over the last 5 years, but you can still run into problems every now and again (e.g. the Combatant Gentle...
by LawyersGunsAndMoney
Mon Nov 06, 2017 7:32 pm
Forum: Personal Consumer Issues
Topic: Cutting the cord in NYC
Replies: 10
Views: 1072

Re: Cutting the cord in NYC

Switch to Spectrum/TWC for 3-4 months (no contracts) and then if you're not satisfied with service go back to Fios as a "new" customer and take advantage of promos.
by LawyersGunsAndMoney
Tue Oct 31, 2017 10:29 am
Forum: Investing - Help with Personal Investments
Topic: How to request 401k fund changes from employer?
Replies: 4
Views: 581

Re: How to request 401k fund changes from employer?

Honestly, you have what you need - so why not just leave things there? If you want to do something - advocate on behalf of the low-fee index funds to your peers when they enroll. If you were able to impact change and add better-performing managed funds, you're just adding to the complication of choi...
by LawyersGunsAndMoney
Tue Oct 31, 2017 10:02 am
Forum: Personal Consumer Issues
Topic: Cabo San Lucas - question
Replies: 34
Views: 4427

Re: Cabo San Lucas - question

We stay at Esperanza (where we got married). It is expensive, but awesome, has private beaches, and there is kid stuff to do as well. During our wedding some of our guests stayed at the Cape (less kid-friendly) as well as a nearby resort called Hacienda Encantada which was more affordable, family-or...
by LawyersGunsAndMoney
Tue Oct 24, 2017 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Help - 401k John hancock Fund Selection
Replies: 14
Views: 1438

Re: Help - 401k John hancock Fund Selection

With Hancock, you should also make sure that the ERs you're seeing are all-in expense ratios. If your company uses an advisor/advisory firm (as many do) that charges a percentage of AUM, in many instances Hancock's default setting is to leave this fee out of their listed ERs unless they've been aske...
by LawyersGunsAndMoney
Thu Oct 19, 2017 8:52 am
Forum: Personal Consumer Issues
Topic: Business Laptop Suggestions Request
Replies: 36
Views: 3563

Re: Business Laptop Suggestions Request

Dell XPS 13 with the new Kaby Lake CPU. Get it without the touch-screen for durability and lack of complications. They offer a core i7 Kaby Lake CPU model with 256GB SSD, which I'd grab. Could also get a new Mac Book Pro and run windows on it. Greatly prefer the XPS to the Latitude for size/weight f...
by LawyersGunsAndMoney
Wed Oct 11, 2017 9:06 am
Forum: Personal Consumer Issues
Topic: Best weight loss resources?
Replies: 54
Views: 3566

Re: Best weight loss resources?

I can't speak highly enough of keto. Though my 20s I could always maintain a healthy weight by being calorie-conscious - but as I got older and career-demands grew, I found it more difficult to see weight-loss results. So I started keto back in January and lost 30 lbs to get back to my college weigh...
by LawyersGunsAndMoney
Thu Oct 05, 2017 2:57 pm
Forum: Investing - Theory, News & General
Topic: Backdoor Roth: importance of spouse's tIRA
Replies: 5
Views: 630

Re: Backdoor Roth: importance of spouse's tIRA

Your spouse doesn't need to do anything with her tIRA in order for you to make a Backdoor Roth contribution. However, given that you both have employer plans and given that your joint income requires you to make a Backdoor contribution - you might want to consider rolling her tIRA into her employer ...
by LawyersGunsAndMoney
Thu Sep 28, 2017 11:47 am
Forum: Personal Consumer Issues
Topic: $7 flights on RyanAir
Replies: 39
Views: 5111

Re: $7 flights on RyanAir

They're on my DO NOT FLY list. Haven't ever, won't ever. I've had bad enough experiences with the "better" European carriers like Lufthansa and Scandanavian cancelling flights and being a nightmare to re-book. My perspective is that if I'm already paying (and taking time off) to get to Europe, I'll ...
by LawyersGunsAndMoney
Wed Aug 23, 2017 7:50 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 4307

Re: Would you hire an obese nanny?

I think it is a bit silly to be overly concerned about the implications of the candidate's weight on your children's behavior. I think it is a more reasonable concern about whether someone at that size/stature can do the job needed, and keep up with the children/activities without risk of injury. We...
by LawyersGunsAndMoney
Tue Aug 15, 2017 1:03 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 11655

Re: Is $9000 too much for a sectional sofa ?

After looking at the manufacturer/fabricator that your designer listed, I would not pay $9,000 for a custom sectional from them. That isn't a knock on the company, but their styles and options appear to be pretty traditional and standard, and unless the dimensions of your home are particularly uniqu...
by LawyersGunsAndMoney
Thu Aug 10, 2017 10:52 am
Forum: Personal Consumer Issues
Topic: Advice on picking a dentist
Replies: 19
Views: 2156

Re: Advice on picking a dentist

Good referrals (vs referrals from ppl who don't really know what they're talking about) are usually the best. I've also had success narrowing the field via my insurance company's website and then using ZocDoc to see what availability for appointments looks like among a handful of nearby dentists. I ...
by LawyersGunsAndMoney
Tue Jul 18, 2017 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Do you guys accept first Job offer or negotiate?
Replies: 26
Views: 2450

Re: Do you guys accept first Job offer or negotiate?

What is the supply vs demand for your position? I took my first (and only) job. Ideal geography, terms, people, slightly low pay first 2 years. 10 years in and having hired 10 colleagues, I know that we think ill of ones trying to negotiate terms. We rescind and move onto the next, since we have in...
by LawyersGunsAndMoney
Sun Jul 16, 2017 10:21 am
Forum: Personal Consumer Issues
Topic: Urgent 1st world problem [coffeemaker]
Replies: 48
Views: 4263

Re: Urgent 1st world problem [coffeemaker]

Don't spend that kind of money on a drip coffee maker. The functionality isn't any better than machines for 1/5 that price, the quality won't be better than what you'll get from a good grinder and a chemex/kalita/aeropress/french press, and it's not going to impress any coffee fans. If you're REALLY...
by LawyersGunsAndMoney
Mon Jul 10, 2017 10:55 am
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 6645

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

Subway will make any "sub' into a salad bowl. Stick with lean chicken/turkey, add veggies, and be reasonable in your dressing choices.

Also happens to be low-carb since you're cutting out the bread.
by LawyersGunsAndMoney
Mon Jul 10, 2017 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Should I invest in this business?
Replies: 19
Views: 1761

Re: Should I invest in this business?

Unless you have Jon Taffer on speed dial, I wouldn't touch this opportunity with a 10-foot-pole.
by LawyersGunsAndMoney
Thu Jul 06, 2017 10:07 am
Forum: Personal Consumer Issues
Topic: Delta Air - various classes of service
Replies: 59
Views: 4646

Re: Delta Air - various classes of service

There is nothing particularly wrong with basic economy vs premium. Not true. In 2017 "Basic Economy" refers to a special fare class (not plain old economy seating, e.g. main cabin) that usually doesn't give you seat assignment until boarding, prohibits changes of any type for any fee, charges extra...
by LawyersGunsAndMoney
Wed Jul 05, 2017 9:22 am
Forum: Personal Consumer Issues
Topic: Delta Air - various classes of service
Replies: 59
Views: 4646

Re: Delta Air - various classes of service

I would fly Delta or Air Canada. Reason being, Vancouver is a hub for both airlines (Delta via the WestJet partnership) - so if there are any issues your chances of getting on another flight, or connecting is generally better than if you're flying an airline (e.g. Cathay) that has limited service to...
by LawyersGunsAndMoney
Wed May 24, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Rant (purchasing air tickets)
Replies: 4
Views: 1097

Re: Rant (purchasing air tickets)

I will only book through the airline directly.

Had too many bad experiences years ago with unassigned or mismatched seat assignments booking through the aggregators that I refuse to use them entirely.
by LawyersGunsAndMoney
Thu May 18, 2017 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Should I sell my business?
Replies: 41
Views: 4328

Re: Should I sell my business?

Basically impossible to provide objective advice without much more information on the business. I get the sense from OP's comments that the business is more of a service than a company, and that it's probably more of a service he provides as the owner rather than a service-oriented firm. But again, ...
by LawyersGunsAndMoney
Mon May 08, 2017 12:12 pm
Forum: Personal Consumer Issues
Topic: United Mileage Plus CC - worth it?
Replies: 32
Views: 2993

Re: United Mileage Plus CC - worth it?

My wife and I have each had our own for the past 2 years - I just cancelled mine b/c I upgraded to the Chase Club card for lounge access. The 50,000 sign up bonus is the good one - there's also a 30,000 offer that's more common, but obviously less valuable. Zone 2 boarding is great if you don't othe...
by LawyersGunsAndMoney
Mon May 08, 2017 8:40 am
Forum: Personal Consumer Issues
Topic: College Reunion Vacation
Replies: 13
Views: 1143

Re: College Reunion Vacation

You might want to consider renting a property on a lake. Poconos, Lake Winnipausake in NH, Castkills or Hudson Valley, Lake George all come to mind. From top-to-bottom they'll be less expensive and than beachfront vacations. We've been doing similar for the last 5 years, mostly to accommodate some f...
by LawyersGunsAndMoney
Mon May 08, 2017 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Individual health insurance
Replies: 59
Views: 4665

Re: Individual health insurance

I would strongly suggest going to NYStateofHealth and speaking with a Navigator (the ppl who are hired to help others navigate the enrollment process).

Enrollment rates for ppl who work with Navigators were astronomically higher than for those who tried to handle the process on their own.
by LawyersGunsAndMoney
Thu May 04, 2017 8:14 am
Forum: Personal Consumer Issues
Topic: Buying a diamond ring
Replies: 57
Views: 4997

Re: Buying a diamond ring

Don't buy a diamond from a chain jewelry store (Zales, Jared). Blue Diamond and the like are good - but if you have the time/means I would strongly consider coming to NYC and buying from a jeweler in the "diamond district." While you can get comparable deals from the online wholesalers, I'd still co...
by LawyersGunsAndMoney
Wed May 03, 2017 12:06 pm
Forum: Personal Consumer Issues
Topic: Global Entry or Nexus
Replies: 15
Views: 1492

Re: Global Entry or Nexus

I don't know much about Nexus, but Global Entry is great and it also gives you a Trusted Traveler # which = TSA Pre-Check. The "trick" in applying for Global Entry is that you need to submit a bunch of information online and then wait a few weeks to get approved for the next step to schedule your in...
by LawyersGunsAndMoney
Sat Apr 29, 2017 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Help Choosing Company 401k Fund Menu
Replies: 16
Views: 973

Re: Help Choosing Company 401k Fund Menu

I wonder if you have asked employees what they might want. One could get some interesting responses. Good advice, and yes - I have. The answer was 1) lower ER index-funds and 2) a passable user-interface With exception of our Founder and his personal assistant, entire firm is under 40 and most unde...
by LawyersGunsAndMoney
Sat Apr 29, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Help Choosing Company 401k Fund Menu
Replies: 16
Views: 973

Re: Help Choosing Company 401k Fund Menu

Heh. Can you recommend such a fund? One that pays anywhere near a discernible return, that is... :twisted: Sorry, I cannot nor would I want to use one. But a 401(k) plan needs options for people not like me. :) Livesoft is right - you should talk to the advisor about a SV fund. Our plan has it - I ...