Search found 614 matches

by Cycle
Wed Sep 19, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 203
Views: 12521

Re: What is your single most expensive mistake?

I discovered bike commuting after 10 years of driving on what I later discovered was a very bikeable route. I no longer own a car, so that ten years of owning an unnecessary item cost me 50k in savings, which would be close to 100k since that was during the recession, or 1/8th of my individual net w...
by Cycle
Tue Sep 18, 2018 12:12 pm
Forum: Investing - Theory, News & General
Topic: How can I buy ALIBABA and TENCENT stock?
Replies: 29
Views: 2488

Re: How can I buy ALIBABA and TENCENT stock?

mouses wrote:
Tue Sep 18, 2018 6:11 am
Note that Alibaba sells shark fins. These are cut off the sharks while they are alive and then the animals are thrown back into the water.
They do have a diverse product offering, I didn't know they sold food items. I thought they mainly sold manufactured goods.
by Cycle
Tue Sep 18, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4393

Re: Dilemma: Add room to current house or buy new house?

What's the walk score in this 6000sq/ft home neighborhood?
by Cycle
Mon Sep 17, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Single Family Homes in Chicago?
Replies: 28
Views: 2818

Re: Single Family Homes in Chicago?

I'd live near work. I left Chicago because my commute was attrocious, even though much of it was sitting on a train.

I'd also look into bike routes to work, if you are into health.
by Cycle
Mon Sep 17, 2018 9:26 am
Forum: Personal Consumer Issues
Topic: Any Cyclists With a Brooks Saddle?
Replies: 34
Views: 4447

Re: Any Cyclists With a Brooks Saddle?

4nursebee wrote:
Sun Dec 28, 2014 9:07 am
No Brooks here, they don't make recumbent seats.
If they did, it probably would cost more than the bike
by Cycle
Sun Sep 16, 2018 9:02 pm
Forum: Personal Consumer Issues
Topic: Experiences downsizing to single car
Replies: 34
Views: 2739

Re: Experiences downsizing to single car

I wasn't sure I'd be able to make it through winter in the snowy north with bike commuting, so I did a several month trial period where I never used the car. Turned out biking in winter is easy with the right gear, and we've been getting by swimmingly with just 1 car. Saves me a lot of time not havi...
by Cycle
Sat Sep 15, 2018 9:05 pm
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 304
Views: 52362

Re: What is your luxury good?

When traveling in South America by bus, we always get primera clase, which has extra wide seats that recline 180 degrees.
by Cycle
Fri Sep 14, 2018 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 10948

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

I'm only 33 and already feeling stressed to the max in my engineering consulting firm. Not enough time, not enough resources, company resistant to hiring, not enough time to train people up. I would gladly take a 24-32 hour/week job, if that existed, and decrease my pay accordingly. Denmark. Lots o...
by Cycle
Fri Sep 14, 2018 8:02 am
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 10948

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

By conservative measures, we could retire today at 35 since we don't spend a lot. Our target is 10 years out though. If my DW were to get promoted to director at megacorp in 3 years and we were able to save an extra 100k per year, we could retire at 44 instead of 46. She would absolutely take the pr...
by Cycle
Wed Sep 12, 2018 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Loss Harvesting Question
Replies: 7
Views: 465

Re: Tax Loss Harvesting Question

Is it fair to say VFWAX is different enough from VTIAX to not trigger a wash sale?
by Cycle
Tue Sep 11, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Going off-track of asset allocation due to high savings rate
Replies: 47
Views: 2805

Re: Going off-track of asset allocation due to high savings rate

Thanks for the reminder to tax loss harvest. I've never done it before, but now's the Time for VTIAX.
by Cycle
Tue Sep 11, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Going off-track of asset allocation due to high savings rate
Replies: 47
Views: 2805

Re: Going off-track of asset allocation due to high savings rate

I have been getting heavy in int as well, since that was all I'd buy in my taxable. A couple weeks ago I started auto buying 50% us and 50% int in my taxable. I liked that I was getting int "on sale" in my mind, but the reality is i need to stick to my AA, even if that requires buying the overvalued...
by Cycle
Tue Sep 11, 2018 11:17 am
Forum: Personal Consumer Issues
Topic: Bike computer or Apple Watch?
Replies: 49
Views: 3310

Re: Bike computer or Apple Watch?

I just use a Garmin forerunner 35. It has heart rate built in. I generally know my heart rate based on breathing tho, so I pretty much just use it for checking current distance. If I were checking my watts, I'd definitely want a Garmin edge or mount a watch or phone to the handlebars... I no longer ...
by Cycle
Mon Sep 10, 2018 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else not save for cars?
Replies: 113
Views: 9865

Re: Anyone else not save for cars?

Like many here, I just keep enough in the checking (2%) account to buy a handful of cars should we need them. Our 2011 crv is worth about $6500.

As with everyone else, we plan on paying to get rid of it in 5 years when everyone switches to the autonomous ride sharing fleets.
by Cycle
Mon Sep 10, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Looking at Real Estate Downsizing for FI
Replies: 6
Views: 533

Re: Looking at Real Estate Downsizing for FI

Rover is another option if you don't want to rent out space to humans (dog boarding).
by Cycle
Mon Sep 10, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Looking at Real Estate Downsizing for FI
Replies: 6
Views: 533

Re: Looking at Real Estate Downsizing for FI

I wouldn't move further away. I'd either do nothing, or rent... Possibly renting current residence if it cashflowed (which I doubt it will).

Anther option would be to rent out a spare bedroom.
by Cycle
Mon Sep 10, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: New Job (1st Management Role)
Replies: 30
Views: 2899

Re: New Job (1st Management Role)

I know the feeling. I quickly advanced to a senior individual contributor level at my megacorp, and wonder if I should go the people management path. I earn director level pay at a small company as an engineer at a big company. Going management path and making director in a few years would knock at ...
by Cycle
Mon Sep 10, 2018 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else playing catch-up in their 40's?
Replies: 68
Views: 7101

Re: Anyone else playing catch-up in their 40's?

"retirement isn't an age, it's a financial number" Chris Hogan The retirement target of 65 for social security was based on actuarial tables from state and railroad pensions back in 1935. We live a lot longer these days, on average, so I'm sure there will be plenty of time to live in retirement even...
by Cycle
Mon Sep 10, 2018 9:47 am
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 71
Views: 5351

Re: Amazon Prime - Value?

We dropped prime, after many years of loyal subscription. We weren't using it much after we started reducing our overall personal possessions last year. This is after 35 years of an upward trajectory of junk accumulation, but with a baby on the way we wanted to become more minimalist. For the odd do...
by Cycle
Mon Sep 10, 2018 7:48 am
Forum: Personal Consumer Issues
Topic: How to "waste" money on groceries?
Replies: 109
Views: 9426

Re: How to "waste" money on groceries?

I would think hunting, fishing, and hobby farming would be the most expensive, if you're buying a truck, boat, farm. Great hobbies if you are into that, but definitely not a cheap way to get food. My cheapest haul of quality seafood was when we used the Alaska TourSaver coupon book to go deep sea fi...
by Cycle
Sun Sep 09, 2018 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Bored
Replies: 56
Views: 9368

Re: Bored

It took me years of lifestyle optimization to get to a high savings rate (70% net). The tradeoffs may appear negative to most BHs, but are actually lifestyle benefits. Like owning just one car means we can afford to hire out all the maintenance, so I don't need to own a bunch of specialized tools (s...
by Cycle
Fri Sep 07, 2018 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 44
Views: 3595

Re: Thoughts on buying a pre-owned Mercedes Benz cash?

How many hours do you spend in the car per year?

I drove 1000 miles last week, comfort would be my biggest need
by Cycle
Fri Sep 07, 2018 8:18 am
Forum: Investing - Theory, News & General
Topic: Good time to do value investing?
Replies: 37
Views: 2479

Re: Good time to do value investing?

Good time to do nothing but buy the whole market.

If I acted on my insight that we are in a bubble and I'd have shifted too soon. I would have missed out on the tech gains seen the last few years. There are some low pe companies, like Samsung... But im sure their price is what it is for a reason.
by Cycle
Thu Sep 06, 2018 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: How Big of a Mortgage Should We Get?
Replies: 41
Views: 3035

Re: How Big of a Mortgage Should We Get?

Just pay cash and be done with it. You can always take out a loan (or line of credit) off the house anytime you'd like if you start to get uncomfortable and need cash. You'll rebuild your savings & taxable investments backup in no time. Isn't a line of credit only off your principal of your loan? T...
by Cycle
Thu Sep 06, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Rent Increase or Not?
Replies: 25
Views: 2534

Re: Rent Increase or Not?

Landlord here. You will lose far more than the small increase with an empty month(s). Keep the good tenant happy. +1. I had to lower rent this year from last year to fill a vacancy. I managed to limit the vacancy to two weeks. The unit is now under market, and I just do month to month for eviction ...
by Cycle
Thu Sep 06, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18073

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

And for those of you that spend 20k a trip, hiking and camping is very affordable. One can travel often and still have the coveted 70% net savings rate we have. We just got back from a trip to crater lake, the 3hr flight to Portland was $220 rt. We camped 4 nights, used points for 2 nights in a hot...
by Cycle
Thu Sep 06, 2018 7:47 am
Forum: Personal Consumer Issues
Topic: New Bike Suggestion
Replies: 40
Views: 2888

Re: New Bike Suggestion

You ride enough to merit a nice road bike. You can get a very nice carbon one for under $1000 on Craigslist. You just need to make sure there are zero signs of a crash and ride it to make sure there is no creaking. I ride a carbon Fuji Altimira, paid $670 for it on CL. It came in like new condition....
by Cycle
Wed Sep 05, 2018 6:27 pm
Forum: Investing - Theory, News & General
Topic: 100% Bonds to boost returns?
Replies: 61
Views: 6377

Re: 100% Bonds to boost returns?

Is there a Expected Return vs. Year chart from Vanguard? Would be good to see expected returns for US stocks and bonds.

I feel like 2015 was the time to get out of stocks, but somehow we've had 50% gains since then.
by Cycle
Tue Sep 04, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18073

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

$4M in my 40s for me Same, plus paid off house (400k). I came up with our target based on cost of healthcare and we want to be able to afford to travel luxuriously and send kids to whatever undergrad college they want. I'm currently 35 with 1mm in investments, plus live in a paid off duplex worth $...
by Cycle
Tue Sep 04, 2018 6:15 pm
Forum: Personal Consumer Issues
Topic: Types of seed for new lawn or sod?
Replies: 24
Views: 1540

Re: Types of seed for new lawn or sod?

microclover and sun/shade midwest mix. You may need to buy the microclover online if you don't have a good local source. The watering/weeding/fertilizer/time bill required for a monoculture lawn are not worth the uniformity look, IMO. The primary reason monoculture is popular is it requires a lot of...
by Cycle
Sun Sep 02, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: German B&M Non-Blinking vs. Blinking Bike Tail Lights
Replies: 20
Views: 1214

Re: German B&M Non-Blinking vs. Blinking Bike Tail Lights

With very bright rear taillights you do need to be mindful of riders behind you. One option is to point them down a bit so that they actually make a big red pool of light on the tarmac behind you. (Yes, they can do that.) When I commute on a dark mult-use trail I turn off my high-powered taillight....
by Cycle
Sun Sep 02, 2018 4:42 pm
Forum: Personal Consumer Issues
Topic: German B&M Non-Blinking vs. Blinking Bike Tail Lights
Replies: 20
Views: 1214

Re: German B&M Non-Blinking vs. Blinking Bike Tail Lights

I'll just throw this out there, too: I have lights that are AAA battery powered and lights that are internal-battery-powered. The latter are USB-rechargeable. With the former, I use AAA-size Eneloop rechargeable batteries. The difference is that I can bring some AAA batteries along to swap out if n...
by Cycle
Sun Sep 02, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: German B&M Non-Blinking vs. Blinking Bike Tail Lights
Replies: 20
Views: 1214

Re: German B&M Non-Blinking vs. Blinking Bike Tail Lights

I’m a bike commuter and tourist. The benefits of good generator-powered headlights are clear. For the rear, though, I’m a big believer in BRIGHT. High-powered USB taillights provide plainly superior visibility night and day. Most of the discussion on this forum is about money. I can’t think of a be...
by Cycle
Sun Sep 02, 2018 4:24 pm
Forum: Personal Consumer Issues
Topic: German B&M Non-Blinking vs. Blinking Bike Tail Lights
Replies: 20
Views: 1214

Re: German B&M Non-Blinking vs. Blinking Bike Tail Lights

As a car driver, I appreciate the blinking red lights. I don't appreciate a bright LED headlight into my eyes, so when riding a bike, my headlight is pointing more towards the road surface than into the eyes of oncoming drivers. On the bike I do notice that cars now yield to me earlier than ever be...
by Cycle
Sun Sep 02, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: Piano for a child
Replies: 60
Views: 3090

Re: Piano for a child

It's $300 to have a piano professionally moved, which is only necessary if you're going up steps. If you know what you are looking for, you can find an excellent one for free on craigslist. The Piano Book by Larry Fine can guide you, but if you don't play you won't be able to identify serious proble...
by Cycle
Sun Sep 02, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: German B&M Non-Blinking vs. Blinking Bike Tail Lights
Replies: 20
Views: 1214

Re: German B&M Non-Blinking vs. Blinking Bike Tail Lights

My instinct is that blinking is definitely better, and that seems to be the consensus. I have super bright blinking battery powered lights, but no longer use them for convenience. I'm just going to have to stick with solid taillight until B&M comes out with a blinking dynamo taillight for the US mar...
by Cycle
Sun Sep 02, 2018 8:18 am
Forum: Personal Consumer Issues
Topic: German B&M Non-Blinking vs. Blinking Bike Tail Lights
Replies: 20
Views: 1214

German B&M Non-Blinking vs. Blinking Bike Tail Lights

I recently updated my front Dynamo hub powered headlight to a much brighter B&H headlight. I'm a bike commuter in Minneapolis USA. The headlight is awesome, like twice as bright as my factory installed headlight. That light also had an output for a taillight so I opted for the Topline led plus brake...
by Cycle
Sat Sep 01, 2018 5:21 pm
Forum: Personal Consumer Issues
Topic: The twenty dollar rule
Replies: 44
Views: 3836

Re: The twenty dollar rule

How much do you spend on housing/transportation/education per month? Those are usually the Biggies that are easily within your control. Twenty dollars here and there won't add up to much.

I don't budget small stuff, but save 70% net
by Cycle
Sat Sep 01, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: Thoughts on investing in Uranium???
Replies: 48
Views: 3036

Re: Thoughts on investing in Uranium???

Wow valuethinker, downloading this page and links so I can read it on my flight tomorrow. Thanks.
by Cycle
Sat Sep 01, 2018 10:48 am
Forum: Personal Consumer Issues
Topic: Daily Driver (Car) Over 100K Miles?
Replies: 96
Views: 6858

Re: Daily Driver (Car) Over 100K Miles?

What type of vehicle is it, and how do you decide when to sell it? Had a 2004 Honda Accord with 165k miles. Sold it for $3,300. I decided to sell it when I discovered bike commuting. DW has an 80k mile Honda CR-V. We will sell that for $200 in 7 years at 140k miles when the self driving fleets come...
by Cycle
Sat Sep 01, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: Thoughts on investing in Uranium???
Replies: 48
Views: 3036

Re: Thoughts on investing in Uranium???

I was under the impression that US and Canada have vast uranium deposits, but we just import most of it from Kazakhstan. I wouldn't invest in it bc I just do the 3-fund. Aside from that, nuclear energy has its own environmental problems, particularly at the tail end of the lifecycle, that make it un...
by Cycle
Sat Sep 01, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Contemplating trading in a 2-year old car with <25k miles...
Replies: 23
Views: 1711

Re: Contemplating trading in a 2-year old car with <25k miles...

I find my back gets soar in any vehicle, from the big mitsubishi suv with the front seats that fold down into a bed to the little economy rentals in Europe. On longer drives, my ankle gets soar as well. For me what works is avoiding driving. I'd recommend renting your ideal vehicle for a long weeken...
by Cycle
Fri Aug 31, 2018 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: House Affordability - Question on standard advice
Replies: 35
Views: 3129

Re: House Affordability - Question on standard advice

4x income seems ludicrous to me, we paid less than 1/3rd income for our unit. I could maybe entertain up to 1x income in our area.

We live in a lcol city tho, I'm not sure we could buy a dumpster in CA for 1x income.
by Cycle
Thu Aug 30, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: Mega Downsize....
Replies: 91
Views: 8318

Re: Mega Downsize....

I did a big purge... Still have a long way to go. You can read a bit about it here https://www.bogleheads.org/forum/viewtopic.php?t=242937 I probably scored $4000 from selling stuff on eBay/Craigslist. This process takes a lot of time tho. The pain in the neck of selling items tho makes me acutely a...
by Cycle
Thu Aug 30, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 192
Views: 34912

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

One reason the not-yet rich should own an inexpensive house outright is it will allow them to save a large portion of their income.

The BMW or Birkin bag for me is a 70%+ net savings rate.
by Cycle
Sun Aug 26, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: LLC for one rental property?
Replies: 28
Views: 2262

Re: LLC for one rental property?

No, not worth the cost. Also, lawyers would just say u are sole proprietors anyways. We have just 1 rental unit (other half of duplex). We do use avail tho which is is Handy for lease signing and online rent collection. We do $2MM umbrella which covers our net worth and u typically won't be sued for...
by Cycle
Sun Aug 26, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: What is your stealth way to save monthly?
Replies: 87
Views: 9499

Re: What is your stealth way to save monthly?

Living in a unit worth 1/12th our net worth. Reduce housing, vehicle, education/daycare costs, nothing else really is significant outside of that.

For saving we just auto buy vanguard VTIAX in the taxable every week, and our checking/emergency gets 2% at our credit union.
by Cycle
Wed Aug 22, 2018 12:23 pm
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 10327

Re: I own 1,387 items!

I'd recommend going over to Reddit simple living or minimalist subs if you're looking for some interesting responses to your very interesting topic.
by Cycle
Wed Aug 22, 2018 10:51 am
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 10327

Re: I own 1,387 items!

Probably 5,000. I got rid of roughly 600 items in spring. I kept track in a spreadsheet for a 30 day challenge https://www.bogleheads.org/forum/viewtopic.php?t=242937 . I've purged a lot since, but no longer count the items It feels amazing to free your space (or Storage Space!) of unused items. The...
by Cycle
Tue Aug 21, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Repairs, and the economic joys of homeownership
Replies: 17
Views: 2116

Re: Repairs, and the economic joys of homeownership

I recently hired out the install of a new gas water heater, it was $1300. After doing several hundred hours of work rennovating our foreclosed duplex, I've switched to hiring out most major things. DIY is highly overrated IMO, minimalism is where it is at. How did the permitting process work for you...