Search found 42 matches

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: 4764

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: 107
Views: 6510

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: 503

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: 885

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: 442

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: 3693

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: 986

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: 2978

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: 2529

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: 511

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: 36
Views: 3930

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: 3340

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: 9399

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: 1854

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: 2116

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: 3658

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: 5742

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: 1528

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: 3926

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: 3926

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: 1009

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: 3981

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: 25
Views: 2150

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: 995

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: 4106

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: 4246

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: 1251

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: 763

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: 763

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 ...
by LawyersGunsAndMoney
Sat Apr 29, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Help Choosing Company 401k Fund Menu
Replies: 16
Views: 763

Re: Help Choosing Company 401k Fund Menu

Based on what you have offered, employees can choose between two good options--a target fund, or building a good portfolio with individual funds. Are the lifestage funds Freedom Index Funds ? Adding a short or intermediate corporate bond fund is also good. The only one I would change is the Interna...
by LawyersGunsAndMoney
Sat Apr 29, 2017 7:46 am
Forum: Investing - Help with Personal Investments
Topic: Help Choosing Company 401k Fund Menu
Replies: 16
Views: 763

Re: Help Choosing Company 401k Fund Menu

That is likely because your advisor wants you to feel like you need his advice. If you have a total stock market index fund, you already own the entire market. There is no need to "diversify" - any funds you add would in fact be concentrating risk. At best, you would be needlessly complicating your...
by LawyersGunsAndMoney
Sat Apr 29, 2017 7:00 am
Forum: Investing - Help with Personal Investments
Topic: Help Choosing Company 401k Fund Menu
Replies: 16
Views: 763

Re: Help Choosing Company 401k Fund Menu

Thanks. It was always my intention to ensure that those components were present, but our advisor (and for some legacy reasons) has suggested that we include some other funds as well.
by LawyersGunsAndMoney
Sat Apr 29, 2017 5:27 am
Forum: Investing - Help with Personal Investments
Topic: Help Choosing Company 401k Fund Menu
Replies: 16
Views: 763

Help Choosing Company 401k Fund Menu

Moving my small business' 401k to Fidelity for transparency and expense-ratio reasons. I need to choose no more than 7 index funds from the following menu to offer my employees in addition to a default lifestage fund option. FFNOX Fidelity® Four-in-One Index Fund FPMAX Fidelity® Emerging Markets Ind...
by LawyersGunsAndMoney
Thu Apr 27, 2017 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Best strategy for retaining tenants?
Replies: 30
Views: 2368

Re: Best strategy for retaining tenants?

I question some of the recommendations to let them go month-to-month. If OP's biggest concern is the lost time/money in having to fly back and show the apartment if current tenants move out, then it behooves him lock current tenants into another year (or two) lease rather than have them go month-to-...
by LawyersGunsAndMoney
Fri Apr 21, 2017 11:10 am
Forum: Investing - Theory, News & General
Topic: Single most important investing advice?
Replies: 97
Views: 13208

Re: Single most important investing advice?

Savings rate is really it. Numerous studies on the efficacy of financial literacy education have shown that it wasn't predictive of positive outcomes. Instead, parental habits and socioeconomic status and savings rate were predictive of positive outcomes. Since you can only control one of these fact...
by LawyersGunsAndMoney
Thu Apr 20, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 138
Views: 14704

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

For the vast majority of people, speaking badly about the boss can backfire. For those that are top-producers, have deep relationships with their bosses that would survive any constructive criticism, and have a firm grasp of office politics - being constructively critical can be sometimes helpful. A...
by LawyersGunsAndMoney
Tue Apr 18, 2017 10:41 am
Forum: Personal Consumer Issues
Topic: Cabo San Lucas ?
Replies: 13
Views: 1729

Re: Cabo San Lucas ?

My wife and I got married in Cabo and go back every year. We usually stay at Esperanza - which is on the high-end of the luxury hotels, but there are a ton of good options at almost any moderate price point. Would rent a car if you'll be exploring, the hotel-called luxury taxis are pretty expensive....
by LawyersGunsAndMoney
Mon Mar 13, 2017 9:17 pm
Forum: Investing - Theory, News & General
Topic: How Many Contribute To A Retirement Fund But Never Invest
Replies: 21
Views: 2749

Re: How Many Contribute To A Retirement Fund But Never Invest

I did this from 2003-2007, my first job out of college. My employer didn't offer a 401k option that I could contribute to, and so my parents advised me to make deductible contributions to a Trad IRA. So I did, and contributed like $4k per year over this time to a Fidelity Traditional IRA. I didn't k...
by LawyersGunsAndMoney
Fri Feb 17, 2017 2:28 pm
Forum: Personal Consumer Issues
Topic: What to ask puppy breeder?
Replies: 43
Views: 2439

Re: What to ask puppy breeder?

One sign of a good breeder is that he will be interviewing you as much as you are him. Definitely get a feel for their setup, make sure dogs are being cared for. Definitely meet the dog's parent(s) to get a sense of look and temperament you can expect. Ideally (though not a deal-breaker) breeder wil...
by LawyersGunsAndMoney
Fri Dec 16, 2016 9:27 am
Forum: Personal Consumer Issues
Topic: Benefits/longevity of more expensive ($300+) mens dress shoes?
Replies: 40
Views: 3951

Re: Benefits/longevity of more expensive ($300+) mens dress shoes?

The biggest benefits are longevity and appearance. A well-made pair of oxford/cap-toe dress shoes can be resoled many times and will last for years with moderate care. I can second the fact that Alden shoes, while highly expensive, will give you 10 years of wear with a bit of care and resoling. Grab...
by LawyersGunsAndMoney
Thu Dec 01, 2016 11:38 am
Forum: Personal Consumer Issues
Topic: another New York rental question
Replies: 40
Views: 3401

Re: another New York rental question

Basically it will come down to whether she's willing to live with roommates in more popular/more convenient areas of Manhattan or Brooklyn (or LIC, etc) or find herself a studio apartment in a less desirable neighborhood. Keep in mind that if she goes it on her own, she'll have to meet the 40x rent ...
by LawyersGunsAndMoney
Wed Aug 17, 2016 10:02 am
Forum: Investing - Help with Personal Investments
Topic: 401k Allocation Question
Replies: 4
Views: 627

401k Allocation Question

Hi folks, first post, longtime lurker. 35/m - married no kids $450k HH/income 33% Federal Tax Bracket 6.85% NYS 3.65% NYC Work for a small growing company with a bad legacy 401k provider (John Hancock) who has horrible options (120+ funds) and expense ratios (average ER is 1.60). Company has a profi...