Search found 161 matches

by cantos
Sat Feb 10, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to move to a lower paying career?
Replies: 53
Views: 4513

Re: Can I afford to move to a lower paying career?

Gotta go with the drunk guy, the captain, and the dude. You have enough. Do whatever makes you and your wife the happiest. Another +1 for the above. So I'm with the drunk guy, the captain, the Dude, and Quant. Your retirement will really tie the room together. +1. I'm with the drunk guy, the captai...
by cantos
Tue Feb 06, 2018 8:42 pm
Forum: Personal Consumer Issues
Topic: Want a Safe Car, Feel Guilty
Replies: 72
Views: 5157

Re: Want a Safe Car, Feel Guilty

Time to answer OP's question. A 2-4 year old Ford Fusion Energi Titanium often comes packaged w the safety features (lane-keeping, blind spot light, adaptive cruise control, collision warning) - not necessarily, so do your research. But it worked for me and it's very affordable!
by cantos
Sun Jan 28, 2018 10:02 pm
Forum: Personal Consumer Issues
Topic: Certified Used BMW, Audi or Mercedes
Replies: 53
Views: 3921

Re: Certified Used BMW, Audi or Mercedes

A beemer out of warranty will cost at least $1,000/yr to maintain. Plan for that! To compound that, if you visit the dealer while IN-warranty, they will find stuff such that your total bill is $1,000. My BMW 325i after warranty had, until I got sick of paying for it and gladly got rid of it on craig...
by cantos
Sun Jan 28, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: Keeping a new BMW shiny!
Replies: 27
Views: 2322

Re: Keeping a new BMW shiny!

Had a beemer for 6 years. Didn't do anything special (northeast north america, snow, etc) other than once a year spring detailing for $100. Thought it always looked good. Silver was/is the best car for those babies.
by cantos
Wed Jan 24, 2018 12:15 am
Forum: Investing - Help with Personal Investments
Topic: Losing job soon but have big nest egg -- problem?
Replies: 20
Views: 2957

Re: Losing job soon but have big nest egg -- problem?

So I stayed at the job for 12+years because it paid well. But i didn't really like it. Wife likes her job. My company is going out of business within next 6 months so I am contemplating my next step. I don't really need to make what I made before and should probably find something that I like but f...
by cantos
Mon Jan 15, 2018 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice - Jumping in when the market is high
Replies: 24
Views: 1760

Re: Portfolio Advice - Jumping in when the market is high

It was high in 2011. I invested everything as per my investment plan & allocation. It was high in 2012. I invested everything as per my investment plan & allocation. It was high in 2013. I invested everything as per my investment plan & allocation. It was high in 2014. I invested everything as per m...
by cantos
Mon Jan 15, 2018 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice - Jumping in when the market is high
Replies: 24
Views: 1760

Re: Portfolio Advice - Jumping in when the market is high

It was high in 2011. I invested everything.
It was high in 2012. I invested everything.
It was high in 2012. I invested everything.
It was high in 2012. I invested everything.
It was high in 2012. I invested everything.
by cantos
Mon Jan 08, 2018 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: new book from co-author of Millionaire Next Door
Replies: 7
Views: 2367

Re: new book from co-author of Millionaire Next Door

Ordered, received and read the book in less than 31 hours since the OP was made on Sunday? Impressive. Kindle. Fast skim when you're reading what you already know. Also confirmed for me that Stanley was the real mover behind Millionaire Next Door. His daughter has a company that is doing interestin...
by cantos
Mon Jan 08, 2018 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: new book from co-author of Millionaire Next Door
Replies: 7
Views: 2367

Re: new book from co-author of Millionaire Next Door

Bought it based on op's recommendation. Lots of regurgitation from Millionaire next door. Nothing new, and in fact lots old (Maslow's stages? Really?). Mixed in with some religious preaching.

In a word, no thanks.

Returned the book asap. Thank god for Amazon.
by cantos
Thu Jan 04, 2018 12:22 am
Forum: Personal Consumer Issues
Topic: Kidde fire extinguisher recall
Replies: 58
Views: 5945

Re: Kidde fire extinguisher recall

OP - thank you for this post. Just found out mine is caught in the recall.
by cantos
Thu Dec 21, 2017 7:01 pm
Forum: Personal Consumer Issues
Topic: New job offer - background check
Replies: 140
Views: 7655

Re: New job offer - background check

They checked my professional references and I received stellar references from all. Then they extended a verbal offer over the phone via my recruiter. I accepted and then she asked me about a start date. I said I needed to give two weeks notice and therefore January 8 would be good. She said congra...
by cantos
Thu Dec 14, 2017 8:41 am
Forum: Personal Consumer Issues
Topic: Access to landlocked timber blocked by landowner
Replies: 30
Views: 3332

Re: Access to landlocked timber blocked by landowner

I spoke to the landowner and he stated that the person leasing the hunting ground did not want my vehicle on the north side of the timber because it affected the way the deer traveled. In situations like this, where there is no compromise (old father and pregnant wife), all you can do it fight fire...
by cantos
Tue Dec 05, 2017 7:19 pm
Forum: Investing - Theory, News & General
Topic: Everyone, Even a Passive Vanguard Investor, is a Factor Investor (Alpha Architect/Jack Vogel, 11-30-17)
Replies: 39
Views: 1736

Re: Everyone, Even a Passive Vanguard Investor, is a Factor Investor (Alpha Architect/Jack Vogel, 11-30-17)

Ho hum. Change the typical definition of a word into what you want it to be, and suddenly everyone's a factor investor. I hereby define factor investing as spending money in any asset. So when you buy a car you are factor investing. :oops:
by cantos
Sat Dec 02, 2017 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Currently have $700,000 at 26 years old get $100,000 a year
Replies: 165
Views: 26923

Re: Currently have $700,000 at 26 years old get $100,000 a year

The OP's primary concern is a fear that he won't have enough, etc. The answer seems quite obvious. Get a good job. Seriously - earning an income, knowing you have a way to make enough money to cover all your expenses if you need to (starbucks doesn't cut it), failing at something and being able to g...
by cantos
Wed Nov 29, 2017 2:27 pm
Forum: Personal Consumer Issues
Topic: 2018 Goals - Financial or Otherwise
Replies: 68
Views: 5755

Re: 2018 Goals - Financial or Otherwise

Treasure. Every. Second. Of. Life.
by cantos
Wed Nov 29, 2017 12:17 am
Forum: Personal Consumer Issues
Topic: Ditched Polar Seltzer for Soda Stream - Flavorings?
Replies: 6
Views: 556

Re: Ditched Polar Seltzer for Soda Stream - Flavorings?

Ribena blackcurrant concentrate. 'Nuff said.
by cantos
Tue Nov 21, 2017 11:01 am
Forum: Personal Consumer Issues
Topic: Recommend a daily driver
Replies: 43
Views: 2269

Re: Recommend a daily driver

Situation: Going off to grad school so I will need something that is reliable and comfortable for 3-4 hr drives and stop & go traffic. My current car is a 2004 BMW M3 so I will obviously be downgrading in the fun department. Budget is around 20k and under. I would prefer something with decent resal...
by cantos
Tue Nov 21, 2017 10:56 am
Forum: Personal Consumer Issues
Topic: Recommend a daily driver
Replies: 43
Views: 2269

Re: Recommend a daily driver

for 3-4 hour stop and go trips yet cheap and reliable ..... perhaps the antithesis of the M3? A Prius. :shock: I have to say it. Cue up the Top Gear episode where an M3 followed a Prius around the track.....and beat it's MPG handily. The top gear episode is misleading as they have the Prius driven ...
by cantos
Mon Nov 20, 2017 12:18 am
Forum: Personal Consumer Issues
Topic: Are expensive tires worth it?
Replies: 42
Views: 2841

Re: Are expensive tires worth it?

I don't gamble on this one. Michelin Defenders for most of the year, and Michelin X-Ice 3 for the winters. Is my life/health and those in my car worth the extra $500 or whatever bucks? Of course. Statistically speaking compared with many activities, driving is dangerous. Do what you can to make it s...
by cantos
Fri Nov 10, 2017 11:53 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 138
Views: 10286

Re: Thouhgts about wearing a "uniform"/same thing everyday?

All these posts and I'm surprised no one has mentioned why this has become a thing. It's because of a phenomenon called decision fatigue (google it). The theory is you start the day with a tank of fuel to make decisions. Every decision you make uses up some fuel. By the end of the day/after having m...
by cantos
Fri Nov 10, 2017 12:29 am
Forum: Personal Consumer Issues
Topic: Bicycle wheels - what's a reasonable budget
Replies: 48
Views: 3200

Re: Bicycle wheels - what's a reasonable budget

I totally get the last statement. I know guys and gals at my club who will beat me all day riding a beater. Some have been riding for 30 or 40years, and some are younger and stronger, and some are just plain better than me. I get it. All I care is what I can do to improve my experience given my uni...
by cantos
Thu Nov 09, 2017 11:46 pm
Forum: Personal Consumer Issues
Topic: Bicycle wheels - what's a reasonable budget
Replies: 48
Views: 3200

Re: Bicycle wheels - what's a reasonable budget

Slower though on the hills compared to rest of group for reasons I still haven't figured out fully. May be it is the stock wheels, may be it is gearing and technique, or just not enough experience in the group. I biked about 10k miles/yr back in the day. Slow on the hills is easy to explain. It's a...
by cantos
Sat Nov 04, 2017 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: what personal finance/investing newsletters do you subscribe to?
Replies: 4
Views: 715

what personal finance/investing newsletters do you subscribe to?

Hi all,

I just found out Jonathan Clements writes the Humble Dollar blog and you can subscribe to it.Would love to add a few other really good ones. Any tips?

thanks!
by cantos
Fri Nov 03, 2017 11:36 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 34
Views: 5651

Re: BOGLEHEADS 2017 VIDEOS

Wow. Just saw the panel. So amazing. I didn't know what I didn't know until I saw this. So full of goodness.
by cantos
Tue Oct 31, 2017 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Wade Pfau AMA on Reddit
Replies: 3
Views: 764

Re: Wade Pfau AMA on Reddit

This was an awesome AMA and a great link, thank you. I now will seriously consider annuities in my retirement plan.
by cantos
Sat Oct 28, 2017 6:44 pm
Forum: Personal Consumer Issues
Topic: Which minivan?
Replies: 25
Views: 2262

Re: Which minivan?

Have an Odyssey. Perfect for any family with 2 kids or more for obvious reasons. Don't need AWD. Snow tires a must. I live in snow country, and I have had the stupidity to drive too fast in an AWD - luckily never paid the price despite my stupidity. Now I actually like FWD - it limits my stupidity. ...
by cantos
Sat Oct 28, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Request for Promotion letter to Senior Management
Replies: 155
Views: 13695

Re: Request for Promotion letter to Senior Management

I'm amused the OP has chimed in saying he's going to go ahead with letter despite all the wisdom not to. That says it all right there. Unwilling to learn is probably a good reason he's being held back year after year. Also - the answer, in this case, is NOT to change companies. That will not change ...
by cantos
Thu Oct 26, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: How Often to Check Financial Email Account?
Replies: 11
Views: 1401

Re: How Often to Check Financial Email Account?

If you get an email from one of your financial institutions, you should be looking at it promptly. Sometimes you can tell from the subject line that you don't need to open it (e.g., Subject header: "<Your> Credit Union has a great new rate on home equity loans!"). Be wary here. Fraudsters will ofte...
by cantos
Thu Oct 26, 2017 9:00 am
Forum: Personal Consumer Issues
Topic: Cloud Computing?
Replies: 6
Views: 542

Re: Cloud Computing?

You probably already use the cloud. The cloud just means stuff that's stored on a computer other than your own that you can access thru the web. So gmail, yahoo, facebook, etc - if you use any of that, the data you have w those are on the cloud.
by cantos
Wed Oct 25, 2017 9:09 pm
Forum: Personal Consumer Issues
Topic: metal roof: standing seam vs interlocking panels
Replies: 15
Views: 1563

Re: metal roof: standing seam vs interlocking panels

Thanks all, looks like it's almost unanimous. Standing seam it is.
by cantos
Wed Oct 25, 2017 10:02 am
Forum: Personal Consumer Issues
Topic: metal roof: standing seam vs interlocking panels
Replies: 15
Views: 1563

metal roof: standing seam vs interlocking panels

Hello boglehomeowners, We're installing a metal roof and can't decide to do a standing seam or interlocking panels. Unfortunately, a double standing seam is out of the question, as it will run me more than $30k up here in Canada. So option 1 is what looks like a snap/interlocking standing seam as se...
by cantos
Wed Oct 18, 2017 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Is a doctor's practice one of the safest and most profitable businesses?
Replies: 58
Views: 4285

Re: Is a doctor's practice one of the safest and most profitable businesses?

We can exclude from "safest" any business that relies on one income producer and makes $0 when the income producer is not around (sickness, death, vacation, etc.).
by cantos
Sun Oct 15, 2017 11:37 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 8303

Re: What are you driving? And would you buy your current ride again?

What's the purpose of this thread? So far, it simply proves that people like vehicles that they have paid tens of thousands of dollars for, from a Civic to a Camry to a Wrangler to a BMW to a Hummer. Confirmation bias probably at work. Though I'll grant that most vehicles are quite nice these days.
by cantos
Wed Oct 11, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 16843

Re: [Boglehead vs Mr Money Mustache philosophies]

MMM= preach living in poverty to everyone, while accumulating millions in a "side-job" by boggling. Disengenuous if you ask me. This will come to roost when he ages and can no longer live happily in poverty. Bogleheads=Living below your means and investing to maintain a standard of living until old ...
by cantos
Fri Oct 06, 2017 9:01 am
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 4624

Re: How do you value your time?

I value my free time at $0/hour. Everything else is just silly, except maybe minimum wage. For example, if my free time was valued, for some reason, at a figure higher than I could get a local teenager to mow my lawn, then logic would dictate that I should apparently pay someone to mow my lawn. Tha...
by cantos
Mon Oct 02, 2017 10:47 pm
Forum: Personal Consumer Issues
Topic: I bought a car without thinking too much about value
Replies: 45
Views: 4511

Re: I bought a car without thinking too much about value

I don't think anyone has ever said the words "I bought a Prius. What a horrible value that was."

In fact, probably the opposite has been said many times.
by cantos
Mon Oct 02, 2017 10:45 pm
Forum: Personal Consumer Issues
Topic: On the video games path - how to set it up with younger kids
Replies: 36
Views: 2289

Re: On the video games path - how to set it up with younger kids

OP: Tons of studies out there that show gaming is bad for kids that young. The rest of the posts here are anecdotal - one, two, or ten kids does not make a rule. I highly suggest you don't get a gaming system until they are older. (I should mention, I have been gaming since I was 10 years old on a C...
by cantos
Sat Sep 23, 2017 7:08 pm
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 12933

Re: Lifestyle Creep

First good job: leased a BMW. Ate out for lunch and dinner regularly. Hired a regular cleaner. First big raise: Bought $1,000 suits. $500 shoes. Didn't think twice about getting gadgets/etc. Got kids: Moved from small 2BR home to 4BR home in good school district neighbourhood. Job kept paying well: ...
by cantos
Sat Sep 23, 2017 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 26320

Re: I won the Lottery. Need sound advice.

Pay off your mortgage now or invest and pay off later; it's irrelevant as the outcomes are similar. The ABSOLUTE MOST IMPORTANT thing is to cut your spending. Make a budget and stick to it, and never, ever let yourself get into debt for any reason. If you're not saving at least $1 a month from your ...
by cantos
Sat Sep 23, 2017 3:16 pm
Forum: Investing - Theory, News & General
Topic: How an asset with a NEGATIVE return can INCREASE your portfolio's return
Replies: 31
Views: 3453

Re: How an asset with a NEGATIVE return can INCREASE your portfolio's return

You mean to tell me that if you buy something before it goes up in value, and then sell if before it goes down in value, and then turn around and buy something else before it goes up in value, and then turn around and sell it before it goes down in value.....that you can make money? Hahaha brillian...
by cantos
Thu Sep 14, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 20817

Re: Is it really Worth it to brown bag your lunch at work?

And for your comparison of an engineer getting promoted but actually is bad at what he does but its because he knew the right people. Well Ill tell you this in my field if you don't know your stuff you wont last long at least in my company. I hired a candidate with a PHD through a network of friend...
by cantos
Thu Sep 14, 2017 1:17 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 20817

Re: Is it really Worth it to brown bag your lunch at work?

So if I told you my wife and I are in the top 3.5% for household income despite brown bagging daily and missing the lunch networking thing...? I think we're doing pretty well. I'm not picking on you, honest. I guess I've heard "networking" too many times in my career and heard it touted as the end ...
by cantos
Thu Sep 14, 2017 9:07 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 20817

Re: Is it really Worth it to brown bag your lunch at work?

I'm surprised by the number of brown baggers here. I eat out virtually every meal for lunch. 99% of the time vegan and healthy food - don't be fooled and think this is salads. Plenty of delicious curries, soups, etc. Think chick pea curries, lentil soups and stews, falafels, pad thais. Absolutely de...
by cantos
Sat Sep 09, 2017 9:38 am
Forum: Personal Consumer Issues
Topic: Luxury car: perception vs reality
Replies: 118
Views: 7686

Re: Luxury car: perception vs reality

The author of Millionaire Next Door went on to write Stop Acting Rich. In that book he says something like 85% of luxury car owners are NOT millionaires. I remember two stats that jumped out at me. 100% of Aston Martins are NOT owned by millionaires, and 99% of Ferraris are NOT owned by millionaires...
by cantos
Wed Sep 06, 2017 9:18 pm
Forum: Investing - Theory, News & General
Topic: The Emerging Markets "lost decade" is over
Replies: 65
Views: 9409

Re: The Emerging Markets "lost decade" is over

The Chinese route to success, of becoming the cheap offshoring point for world manufacturing, is therefore, in his analysis, a route that is closing for developing countries in the future. Except that this is no longer the Chinese route to success. There is a huge drive toward alternative fuels in ...
by cantos
Sun Sep 03, 2017 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need a trust?
Replies: 62
Views: 8040

Re: Do I really need a trust?

I can't get into it specifically on this forum without identifying myself, but I have seen a lot of DIY wills go the crapper. Families end up fighting each other over ambiguous clauses - I have seen on several occasions well over $1 million of the estate get paid to the lawyers because of poorly dra...
by cantos
Wed Aug 30, 2017 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluating new job offer
Replies: 40
Views: 3454

Re: Evaluating new job offer

How close are you to achieving your financial goals? Pretty close, max out retirement, college, etc. save a lot. What's important to you? Hard to answer, but I think I'm wasting my time at my current job, those golden handcuffs holding me back Did you seek out this job or did you get headhunted? I ...