Search found 94 matches

by youdiditr2
Tue Oct 23, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Retire now or in the Spring. - changing work conditions
Replies: 35
Views: 3653

Re: Retire now or in the Spring. - changing work conditions

I would retire NOW! All that stress will give you anixety and maybe panic attack that might never go ahead. Not worth it when you have more than you will spend!
by youdiditr2
Fri Oct 12, 2018 9:07 pm
Forum: Investing - Theory, News & General
Topic: Market decline in 2019 ?
Replies: 73
Views: 6643

Re: Market decline in 2019 ?

There is simply no way to know when a better time than today is to buy. https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2018/10/10/105499667-4ED4-FM-A-BLOCK-2-101018.600x337.jpg?v=1539207457 https://www.cnbc.com/2018/10/10/fundstrats-tom-lee-sees-a-rally-so-buy-value-stocks-on-the...
by youdiditr2
Fri Oct 12, 2018 12:43 am
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 9878

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

Wouldn't it be better to work another year or so at your actual profession, and not worry about this? Seems like a much more efficient way to get the money when compared to years of some random low-paying part-time job. yea, that's my thinking. I thought of quitting and go part time working 20 hour...
by youdiditr2
Mon Sep 17, 2018 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 13196

Re: Considering Quitting Job - Seeking Advice. Would you do it?

I have found that employers are universally willing to let employees like you work 24/7 to avoid hiring another person. Stop it! If they won't properly staff up, stuff won't get done. In the middle of my career, I saw myself extending hours like you are and specifically forced myself to stop it. 5:...
by youdiditr2
Sat Sep 08, 2018 10:31 pm
Forum: Personal Consumer Issues
Topic: Video Game Collection
Replies: 39
Views: 2343

Re: Video Game Collection

Whoooa $30K? Sell sell sell.

I wonder what my Sega32x or Atari Lynx is worth????
by youdiditr2
Mon Sep 03, 2018 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3338

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

I am currently indexing but I am having more and more doubts about my strategy. I have voiced some of my doubts in my thread on Mr West. I am now contemplating the possibility of putting a big chunck of money in Amazon and Alphabet (say 1M£ in each). Here's the reason 1. Alphabet has been compared ...
by youdiditr2
Sun Sep 02, 2018 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18680

Re: How to Retire in Your 30's with $1 Million in the Bank

“The worker in this economy has very little sense of control over their existence. People are expendable. You’re a young person and you look ahead and you say, ‘What’s there for me?’” How is this any different from how things have always been? I believe that people have always been expendable (and ...
by youdiditr2
Sun Sep 02, 2018 1:44 am
Forum: Personal Finance (Not Investing)
Topic: Cost of car ownership: 6.5 years of data in the SF bay area
Replies: 44
Views: 5194

Re: Cost of car ownership: 6.5 years of data in the SF bay area

AlohaJoe wrote:
Sun Sep 02, 2018 1:15 am
youdiditr2 wrote:
Sun Sep 02, 2018 1:01 am
What about the $500 a month to park downtown if you work downtown? Or the many place that charge $10 a hour for parking?
What about it? He's providing data on his own expenses. Not arbitrary "what if?" scenarios.
so we all pay $1,100 for bridge toll?
by youdiditr2
Sun Sep 02, 2018 1:01 am
Forum: Personal Finance (Not Investing)
Topic: Cost of car ownership: 6.5 years of data in the SF bay area
Replies: 44
Views: 5194

Re: Cost of car ownership: 6.5 years of data in the SF bay area

What about the $500 a month to park downtown if you work downtown? Or the many place that charge $10 a hour for parking?
by youdiditr2
Tue Aug 28, 2018 1:07 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 356
Views: 39410

Re: U.S. stocks continue to soar!

this post means we're offical at the top!!!! Track performance since this post!
by youdiditr2
Thu Aug 23, 2018 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 22059

Re: Decent compensation to move to Bay Area CA?

your quality of life will definitely go down. And you will defintely be renting for a long time. The commute is horrible. Bay area traffic is just as bad as LA traffic now. No way would I move to Sunnyvale for $190k unless you're ok with renting a condo or apartment. And like other said, unless you ...
by youdiditr2
Tue Aug 21, 2018 12:34 am
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 109
Views: 12179

Re: Is a million really the benchmark for retirement

you can set 1 mil as a milestone target. with 1 mil and proper investment to beat the inflation assuming you withdraw 3% , it would last 30 years of your retirement. Assuming you would also get 20k from SS, so the total $50k would get you some sort of "decent" retirement cost covered. But would thi...
by youdiditr2
Mon Aug 20, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: BH Career advice
Replies: 18
Views: 1747

Re: BH Career advice

I would just take a year off and start over again. I wouldn't take a low paying gig and think it's less stress because those low paying gig are probably more stressful than the high paying gig. Managers treat you like crap since you're easily replaceable and flexible hours = on demand. I thought abo...
by youdiditr2
Thu Aug 16, 2018 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Housing affordability - what is your take?
Replies: 74
Views: 7702

Re: Housing affordability - what is your take?

Thanks for all the great feedback on this thread. When everyone is rushing to buy homes you stop and wonder if one is missing something here! I have come to the conclusion that everybody is pretty much spending everything they make and saving nothing for retirement. If my wife and I stopped saving ...
by youdiditr2
Thu Aug 16, 2018 10:40 pm
Forum: Investing - Theory, News & General
Topic: Fidelity 401(k) millionaires hits record high
Replies: 48
Views: 5782

Re: Fidelity 401(k) millionaires hits record high

You would have to be working over 22-23 years (25 years realistically), just about maxing-out year after year, get decent employer matching, keep invested in equities (than jumping out of market, or request too many loans etc), incur low expenses charged by Funds, expect decent market returns, go t...
by youdiditr2
Sat Aug 11, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Help to evaluate Job Offer
Replies: 27
Views: 1971

Re: Help to evaluate Job Offer

Horrible offer. If they really wanted you, they would make the AVP to a VP position.

You can ask to take on projects if you want more exposure.
by youdiditr2
Fri Aug 10, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 7786

Re: Rude response from boss re: market adjustment

This is how it works at my company. Have to get approved by committee. Manager had no power by to recommend. At one point, during the financial crisis, any raise had to get approved by CEO and we had 10k employees at the time. Time to move on if you're unhappy. You got a clear answer. I used to give...
by youdiditr2
Wed Aug 08, 2018 3:32 pm
Forum: Personal Consumer Issues
Topic: Cell phone battery pack, cancer warning?
Replies: 15
Views: 984

Re: Cell phone battery pack, cancer warning?

Almost every building have a cancer warning in CA. Stay out of CA if you want to live!
by youdiditr2
Wed Jul 25, 2018 1:35 am
Forum: Personal Finance (Not Investing)
Topic: Is it possible to change one's career in their 40s?
Replies: 88
Views: 8330

Re: Is it possible to change one's career in their 40s?

I don't really have a ton to contribute...but I'm in my early 40s and in IT....own a small web design agency (4 employees). Been doing this for about 20 years and sorta burned out last year. I'm in the same boat. I looked at other jobs on Indeed, etc., but you know what the deal is. You're "just co...
by youdiditr2
Tue Jul 24, 2018 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Union Bank 18-month CD @ 2.75% APY
Replies: 33
Views: 3415

Re: Union Bank 18-month CD @ 2.75% APY

Just got this in the mail and verified online: https://www.depositaccounts.com/banks/union-bank-san-francisco-ca/offers/ I have no affiliation with this entity, but that sounds pretty good. $10K minimum, up to $999,999 through 09/29/18 -- with no graduated rate as balance increases. This is for "ne...
by youdiditr2
Wed Jul 18, 2018 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone not have a Budget?
Replies: 115
Views: 7830

Re: Anyone not have a Budget?

I don't have a budget.

I max out my 401k, my Roth, and my HSA, then the left I spend as needed.

No need to stress myself out as long as I'm maxing out on retirement savings, $40k plus.

I'm scared at looking at my annual credit card spending though!
by youdiditr2
Sat Jun 23, 2018 1:43 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 22401

Re: Did you celebrate when you finally hit $1m?

that's $900 a month...not $900k...lots of fired CEO are getting $900k a month though after being fired!
by youdiditr2
Sat Jun 23, 2018 1:42 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 22401

Re: Did you celebrate when you finally hit $1m?

When I was young, I would never imagine being a "millionaire." Now I'm 45 and I'm only 80k away from being a millionaire(despite making many poor investments), I just don't feel like a millionaire. I guess I could say I'm a millionaire if I count my vested pension. My frozen vested pension plan will...
by youdiditr2
Mon May 07, 2018 2:09 pm
Forum: Investing - Theory, News & General
Topic: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs
Replies: 32
Views: 5014

Re: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs

what kind of computers were they buying that cost $10k???? 20% remibursement = $10 k computer
by youdiditr2
Tue Apr 17, 2018 10:46 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 18231

Re: Is Los Angeles a good place long term to live financially?

1. I'm sure they have MBA schools. 2. "Good paying" can be defined a number of ways. 3. Counterpoint--in LA there are lots of beautiful men with high net worth competing for those women. (Edit: I don't like how I phrased this. I think the point I was trying to make is apparent, but I didn't do it w...
by youdiditr2
Sat Apr 14, 2018 3:17 pm
Forum: Personal Consumer Issues
Topic: Tipping for restaurants where you order at the counter
Replies: 126
Views: 22127

Re: Tipping for restaurants where you order at the counter

I wont' tip at counter.

I feel mad when I have to tip the 15% for average or bad server. Feel like a lemming.


I love going to Asian countries because you don't have to tip. The 10% or 15% is part of your bills or not part of your bills. They get offended if you tip
by youdiditr2
Wed Mar 28, 2018 1:46 am
Forum: Personal Finance (Not Investing)
Topic: Los Angeles Condo Purchase Advice
Replies: 53
Views: 4425

Re: Los Angeles Condo Purchase Advice

LA had a bear market in the mid 80, mid 90, 2007-2012...so we're almost there unless you think it's different this time. It's like 2005 where everyone ask themself, HOW THE F IS EVERYONE ABLE TO AFFORD THIS STUFF? I ask myself this today...very few people are making $400k a year Two people making $...
by youdiditr2
Wed Mar 28, 2018 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Los Angeles Condo Purchase Advice
Replies: 53
Views: 4425

Re: Los Angeles Condo Purchase Advice

I have lived in downtown LA for 15 years and been renting the entire time. Sure, I could have bought a condo that was selling for $600k in 2008, and then back down to $300k in 2010, but it just doesn't make sense with the property tax and the $700 a month in HOA for these condos. It's been almost 10...
by youdiditr2
Tue Mar 27, 2018 12:25 am
Forum: Investing - Theory, News & General
Topic: More bad news for Wealthfront
Replies: 30
Views: 8428

Re: More bad news for Wealthfront

Just the simple math without bringing in the risk parity stuff: 8 Billion X 25 bps = 20,000,000 in revenue, total. They have to be bleeding cash at that level. So even if they find places to add revenue and continue to add assets they are a long ways from profitability/sustainability. These will no...
by youdiditr2
Sun Mar 18, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Does credit score matter if you never plan to borrow money again?
Replies: 44
Views: 4827

Re: Does credit score matter if you never plan to borrow money again?

I wouldn't pay it. If everyone pay a debt that isn't theirs, all these debt collector would be sending us letters and calling us for debts we don't owe. Oh wait, they already do. I work in the financial industry and they run credit score for employment, so doesn't my apartment, and insurance, etc., ...
by youdiditr2
Tue Feb 27, 2018 11:27 pm
Forum: Investing - Theory, News & General
Topic: Does anyone realize how special last year was?!
Replies: 38
Views: 6339

Re: Does anyone realize how special last year was?!

I just added up my #'s and didn't even realize how close I am to being a Millionaire! Started with $700k in 2017 and added up the #'s tonight and I'm sitting close to $900k. Damn, if only I stay invested in SP500 instead of gambling on individual stocks, I would have been a millionaire already! My T...
by youdiditr2
Tue Feb 27, 2018 11:08 pm
Forum: Investing - Theory, News & General
Topic: PurePoint 1.25% online savings $10K min
Replies: 72
Views: 14725

Re: PurePoint 1.25% online savings $10K min

it's 1.75%?? Wow . And I was happy to get 1.6%
by youdiditr2
Fri Jan 26, 2018 1:11 am
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 26691

Re: 401k millionaires

I am about to hit $100k right before my 31st Birthday. The only way I will ever see $1M in there is through compounding. Which over the course of 3 decades, should End up somewhere between $500-750k in today's dollars. my 401(k) was $120k in 2009, after it dropped from $200k from 2008. It's now $70...
by youdiditr2
Tue Jan 09, 2018 10:34 pm
Forum: Investing - Theory, News & General
Topic: So...When Will the Tencent Bubble Burst?
Replies: 13
Views: 2248

Re: So...When Will the Tencent Bubble Burst?

Tencent controls everything in China. WeChat, video games, epayment.
by youdiditr2
Thu Oct 12, 2017 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Best Career Advice for those over "50"
Replies: 60
Views: 8313

Re: Best Career Advice for those over "50"

I'll be 50 in 5 years. If the stock market doesn't crash, I hope to be retired. I work in the Financial Industry and every 6 months since the great recession, we have "re-structuring" which means laying off older folks. Seem so many people over 50 laid off that we're conditioned to it in our company...
by youdiditr2
Fri Oct 06, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 85
Views: 10627

Re: Pension Freeze - What did you do?

My company did the same thing 2 years ago. We had a DBPP and they got rid of it and turned it into a Defined Cash Balance Plan. % is based on age. They contribute 5% to the DCBP and the rate of return is based on 30 T Bonds...so not getting much with record low interest rate. We also had a Health In...
by youdiditr2
Fri Sep 29, 2017 11:11 pm
Forum: Personal Consumer Issues
Topic: What will happen if I refuse to pay a medical bill?
Replies: 125
Views: 10498

Re: What will happen if I refuse to pay a medical bill?

The posters stating you should have contacted your insurance company may have a valid point and no doubt you will be doing that in the future, but I am with you on this docbrown. Hooray! So back to my first question -- when this unpaid bill shows up on my credit report, will I be treated like a lep...
by youdiditr2
Fri Sep 22, 2017 10:31 pm
Forum: Personal Consumer Issues
Topic: Management career job search
Replies: 8
Views: 1194

Re: Management career job search

Volunteer for project. Take lead in assignment. Become a subject matter expert in something. Kiss up to people that can put you in management.
Knowing the right people is just as important as knowning your job. Most manager don't even know crap about what their reports are doing!

That worked for me!
by youdiditr2
Thu Sep 21, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Apartment searching with frozen credit
Replies: 9
Views: 1302

Re: Apartment searching with frozen credit

I ask them which Agency they use or if I can print out a copy of my report from the Agency they use and some apartment accept my copy. Still charge me the $35 credit check though!
by youdiditr2
Tue Sep 12, 2017 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Freeze affects SSA online account
Replies: 22
Views: 6611

Re: Credit Freeze affects SSA online account

Do you have to unfreeze all 3 or just Equifax? They told me I have to go in person. I rather unfreeze my account than waste an entire work day at SS This is what they told me when I tried to login We will not be able to verify some people through our verification process when they try to establish a...
by youdiditr2
Tue Aug 29, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: When to give resignation notice
Replies: 64
Views: 7907

Re: When to give resignation notice

I would do what is in the best interest of you.

They aren't going to be thinking about your vesting pension if they have to lay you off.
by youdiditr2
Mon Aug 28, 2017 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's doctor sent bill to collections without ever mailing anything to us
Replies: 10
Views: 2110

Re: Wife's doctor sent bill to collections without ever mailing anything to us

That kept happening to my wife. They kept sending it to my old address and I told them each time, but they kept sending it to the old address and it ended up going to Collection before we could even pay. Oh well, only 2 more years before it drops off the credit report. We're not paying it since the ...
by youdiditr2
Tue Aug 22, 2017 12:18 am
Forum: Personal Consumer Issues
Topic: Rental car booted for prior unpaid parking tickets
Replies: 31
Views: 4425

Re: Rental car booted for prior unpaid parking tickets

I rented a car 20 years ago and received 2 parking tickets in 2 hours. Never did pay for it and never received any mail from the rental car company or the city. I wonder if I have a warrant out for my arrest for unpaid parking ticket?
by youdiditr2
Thu Aug 17, 2017 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 19911

Re: Lost $7000 today in ONE DAY!

I'm down $20k tomorrow. Oh well. I bought some fried chicken to ease my pain :beer
by youdiditr2
Fri Aug 11, 2017 11:37 pm
Forum: Personal Consumer Issues
Topic: Elite status clubs that you are part of?
Replies: 31
Views: 4238

Re: Elite status clubs that you are part of?

littlebird wrote:Amazon Prime :happy
Welcome, brother! I too am part of this Amazon Prime Elite club
by youdiditr2
Thu Aug 10, 2017 1:15 am
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 76
Views: 14560

Re: I pay $6K in rent. Am I an idiot for not buying?

At your income level, the home mortgage is pretty much the only tax deduction you have. I would buy just to get the 50% government subsidy. But the down town condo market is crazy. I think it is over priced. They couldn't move these condos for $300k in 2009, and now they're $900k with $750/month HO...
by youdiditr2
Thu Aug 10, 2017 12:17 am
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 76
Views: 14560

Re: I pay $6K in rent. Am I an idiot for not buying?

Where in the downtown LA is $6k a month??? I live in Downtown LA also and wouldnt' buy. Been living in Downtown LA for 14 years and and getting tired of all the crazy and homeless. Still don't regret not buying after 14 years.
by youdiditr2
Tue Aug 08, 2017 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 22101

Re: Life at crossroads. What would you do ?

How so ? My expenses are Rent + Utilities: $36,000 per annum. But rent controlled. So I don't expect rent to go up very much. Tuition: $24,000 per annum. Vacation: $10,000 per annum. [We will get rid of this] Food, clothing etc: $30,000 per annum [Maybe some opportunity to squeeze here] So ok. Down...
by youdiditr2
Tue Aug 08, 2017 10:19 pm
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads Los Angeles meetings
Replies: 145
Views: 19239

Re: Bogleheads Los Angeles meetings

I will attend if the schedule works. Some years back attended meetings in LA/OC and even hosted a couple in Pasadena. Nice to meet and talk to kindred spirits. Downtown near a metro is a good idea. Anything ever happen here ? Landlording! Local or remote? I'm currently a remote landlord. (Have prop...
by youdiditr2
Tue Aug 08, 2017 1:34 am
Forum: Personal Finance (Not Investing)
Topic: Resting and Vesting
Replies: 4
Views: 1323

Re: Resting and Vesting

edge wrote:I've had this happen once as a senior executive. Just waited for retention bonuses and vesting to pop before moving on.
I saw 3 senior executives do this about 3 years ago. Then all 3 quit at about the same time. I heard they turned 55.