Search found 90 matches

by Cycle
Tue Dec 12, 2017 4:59 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 112
Views: 3914

Re: Snow Tires? Worth it?

If new, Costco is the way to go. Imo. If u can afford them, the ones with Kevlar fibers will be safest on ice... Which is really the most dangerous part. My coworker recently bought a set of four wheels and snow tires for 100 dollars on Craigslist... Check there if u're looking for a great deal. Crv...
by Cycle
Tue Dec 12, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 112
Views: 3914

Re: Snow Tires? Worth it?

All season are... All season. If this car is for driving on plowed roads, all season is all you need. Snow tires may give people the illusion they have better traction on ice which could cause one to go faster than the conditions allow. I work in a group of engineers and this topic is discussed oft...
by Cycle
Tue Dec 12, 2017 2:33 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 112
Views: 3914

Re: Snow Tires? Worth it?

All season are... All season. If this car is for driving on plowed roads, all season is all you need. Snow tires may give people the illusion they have better traction on ice which could cause one to go faster than the conditions allow. I work in a group of engineers and this topic is discussed oft...
by Cycle
Tue Dec 12, 2017 2:28 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 112
Views: 3914

Re: Snow Tires? Worth it?

All season are... All season. If this car is for driving on plowed roads, all season is all you need. Snow tires may give people the illusion they have better traction on ice which could cause one to go faster than the conditions allow. I work in a group of engineers and this topic is discussed oft...
by Cycle
Tue Dec 12, 2017 2:15 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 112
Views: 3914

Re: Snow Tires? Worth it?

I work in a group of engineers and this topic is discussed often, and the consensus is that snow tires are not worth the time or money. Not to pile on, but this tickled my funny bone - since when do engineers care about consensus? I always idealized engineering as the ultimate fact based profession...
by Cycle
Tue Dec 12, 2017 8:08 am
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 112
Views: 3914

Re: Snow Tires? Worth it?

All season are... All season. If this car is for driving on plowed roads, all season is all you need. Snow tires may give people the illusion they have better traction on ice which could cause one to go faster than the conditions allow. I work in a group of engineers and this topic is discussed ofte...
by Cycle
Sun Dec 10, 2017 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Gap Year, Sabbatical, Leave of Absence - Questioning My Sanity
Replies: 15
Views: 1912

Re: Gap Year, Sabbatical, Leave of Absence - Questioning My Sanity

Next Friday (12/15) is my last day of work, then I am out for an 8-month sabbatical leave. The main purpose of the leave is to see the world and be with my parents, and experience retirement life. I plan to visit as many places as possible, January in Mexico, February in China, Thailand, and Vietna...
by Cycle
Sun Dec 10, 2017 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Dash Into Cash in the WSJ
Replies: 16
Views: 3933

Re: Dash Into Cash in the WSJ

Baxter Credit Union (BCU) pays 2% on balances up to 20,000 in their power plus checking account. They subtract from the payout any ATM fees you may have, but the ATM we use is free so it's pretty much a legit 2%. 20k is roughly 6mo expenses for us, so this works out nicely as our reserve cache :mone...
by Cycle
Sun Dec 10, 2017 4:47 pm
Forum: Personal Consumer Issues
Topic: Silicone Rings
Replies: 12
Views: 1493

Re: Silicone Rings

Just bought a 3 pack of blue / gray / black ones for .87 usd.
by Cycle
Sun Dec 10, 2017 4:34 pm
Forum: Personal Consumer Issues
Topic: Silicone Rings
Replies: 12
Views: 1493

Re: Silicone Rings

I’ve seen lots of people recently wearing silicone wedding rings. I think this is a great idea. Does anyone have any experience with any brands? That sounds like a good idea if the price is right. Very practical if you work with your hands a lot. A coworker of mine was hopping off a deck and his ri...
by Cycle
Sat Dec 09, 2017 7:47 pm
Forum: Personal Consumer Issues
Topic: What MPG App Do You Use To Track Fuel Usage ?
Replies: 61
Views: 2264

Re: What MPG App Do You Use To Track Fuel Usage ?

How do you know if somebody is a cyclist? Don't worry - they'll tell you. I put it in my handle and avatar as well. In the same spreadsheet I use to track MPG, I have all the vehicle maintenence/expenses and a couple of comparative scenarios. Those scenarios are for 2 cars, 2 expensive cars, and ou...
by Cycle
Sat Dec 09, 2017 6:50 pm
Forum: Investing - Theory, News & General
Topic: Why Are So Many Companies Announcing Share Buyback?
Replies: 32
Views: 2874

Re: Why Are So Many Companies Announcing Share Buyback?

If you type the ticker symbol into this website, it will pull up the historical data from these filings and you can look at how your company is behaving over time (data pulled from historical quarterly filings): https://fairlyvalued.com/ Always good to look at the health of one's employer IMO :) Ni...
by Cycle
Sat Dec 09, 2017 4:17 pm
Forum: Investing - Theory, News & General
Topic: Why Are So Many Companies Announcing Share Buyback?
Replies: 32
Views: 2874

Re: Why Are So Many Companies Announcing Share Buyback?

I guess make CEOs bonuses are tied to stock prices, buying back stocks does the trick. The company I work for does a lot of buybacks, which keeps the price pretty level. They are using leverage or profits to do the buybacks. If leverage, that seems shady, but if profits that seems like a fair way t...
by Cycle
Sat Dec 09, 2017 4:06 pm
Forum: Personal Consumer Issues
Topic: What MPG App Do You Use To Track Fuel Usage ?
Replies: 61
Views: 2264

Re: What MPG App Do You Use To Track Fuel Usage ?

I just used a google sheets spreadsheet for a handful of tanks, but after I knew the general economy for highway vs standard commute the general mileage was known and I stopped. That process simply involved resetting the trip meter between tanks. What is the point? Gas is pretty much free. Prior to ...
by Cycle
Fri Dec 08, 2017 5:55 am
Forum: Personal Finance (Not Investing)
Topic: At what age your investments start making more money than you?
Replies: 107
Views: 7286

Re: At what age your investments start making more money than you?

Projected to be there at 44 in ten years assuming 4% real return and no wage increases. But I suspect that milestone will be meaningless, as are all financial milestones once achieved.

The more interesting milestone to me is when 3 or 4% sawr exceeds spending.
by Cycle
Fri Dec 08, 2017 5:55 am
Forum: Personal Finance (Not Investing)
Topic: At what age your investments start making more money than you?
Replies: 107
Views: 7286

Re: At what age your investments start making more money than you?

Projected to be there at 44 in ten years assuming 4% real return and no wage increases. But I suspect that milestone will be meaningless, as are all financial milestones once achieved.

The more interesting milestone to me is when 3 or 4% sawr exceeds spending.
by Cycle
Wed Dec 06, 2017 2:09 pm
Forum: Personal Consumer Issues
Topic: Vegas on a budget
Replies: 49
Views: 3635

Re: Vegas on a budget

Camping at Zion national park is a good value. Grand canyon north rim is a good 2nd option.
by Cycle
Wed Dec 06, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 5717

Re: Mortgage as percentage of take-home pay

I'm assuming take home pay includes 401k match, stock discounts, year end bonus. Excludes taxes. 4% before we paid it off. Roughly 10% when I first got it when I was single and 24. It was a 15yr mortgage.
by Cycle
Mon Dec 04, 2017 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Invest or pay off mortgage?
Replies: 77
Views: 6070

Re: Invest or pay off mortgage?

Pay it off. Debt free rocks. We paid ours off at 33 on $375k multifamily.
by Cycle
Tue Nov 28, 2017 11:01 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 185
Views: 16529

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Bit coin is a form of money. It is odd that people are buying and holding money. I'm slightly bitbitter I didn't purchase a few hundred and forget about them till now. I've been reading about btc since they were pennies each, then soared into the dollars then crashed below a dollar. I'd be curious i...
by Cycle
Mon Nov 20, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14021

Re: Dave Ramsey says don't use credit cards, even if you pay them off

playing the credit card point game has allowed free trips to Europe the past few years with many more points not used. Would I spend less without? Possibly, but the points value would outweigh by a mile. My wife and I went to Europe and Africa with sign up bonus points this year. Thanks mainly to t...
by Cycle
Sat Nov 11, 2017 11:49 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 117
Views: 7840

Re: Do you meditate?

In my yoga twice a week I find there is not enough time for me to get into a mindful state at the start / end, during the stretching I'm so inflexible that my mind is focused on not injuring myself, so not very effective meditation. I bike for 20 minutes each way to work in which I believe I achieve...
by Cycle
Wed Nov 08, 2017 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 37736

Re: Did you tell anyone you paid off your mortgage?

Biggest mistake of my life. Told friend and he’s been telling me how to live my life since. I wish I said I was broke like everyone else. I made the mistake of mentioning to my coworker, he was saying he can't wait to pay off his house in 7 years so he can retire at 60. I mentioned I paid mine off ...
by Cycle
Wed Nov 08, 2017 8:58 am
Forum: Personal Consumer Issues
Topic: DIY vs work extra and pay a pro
Replies: 37
Views: 2890

Re: DIY vs work extra and pay a pro

Rarely do I regret hiring things out once the job is done. I always do the following calculation afterwards. Take the total hours a professional took to complete the job, then I double it to account for my amateur skills and extra trips to the hardware store. Round up to the nearest multiple of 8, ...
by Cycle
Tue Nov 07, 2017 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Poll-How much do you have in your HSA?
Replies: 50
Views: 4876

Re: Poll-How much do you have in your HSA?

Work just got it last year, so 3.5 in mine. Wife and i will both max it out as long as we are able going forward. Investment options in the hsa are very limited for us, and high fees (at least by boglehead standards)
by Cycle
Tue Nov 07, 2017 6:32 pm
Forum: Investing - Theory, News & General
Topic: "I took all my money out of the stock market and it feels amazing"
Replies: 69
Views: 8978

Re: "I took all my money out of the stock market and it feels amazing"

I read this as one very long excuse to be a market timer. She says she’ll get back in if the market crashes Agree. While it's possible she'll drop dead in a month, it's also possible advances in gene therapy could eliminate most natural deaths. I'm a long ways from retirement but would be worried b...
by Cycle
Thu Nov 02, 2017 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: New 2 comma member
Replies: 28
Views: 2602

Re: New 2 comma member

:sharebeer Congrats
by Cycle
Wed Nov 01, 2017 6:37 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 320
Views: 23439

Re: To take or not to take delivery of Tesla 3

Let's see, 3 vehicles with 220-250K miles build before year 2000 1 vehicle built 5 years ago with approx 60K miles probably worth between 15-20K Now this is something to be proud of. 3 cars over 200k, simply amazing. Most people would cycle through 8 or 10 cars to the 3 you currently own. This Tesl...
by Cycle
Wed Nov 01, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 320
Views: 23439

Re: To take or not to take delivery of Tesla 3

Financially, we can afford the $60K price tag. What percent of your net worth are all your vehicles including this hypothetical purchase? We're at .9% but a Tesla would throw off this metric for us, which is a metric I'm quite proud of. If it's a tiny fraction of your worth, what does it matter...
by Cycle
Tue Oct 31, 2017 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Fastest way to transfer cash from Fidelity to Vanguard
Replies: 10
Views: 1459

Re: Fastest way to transfer cash from Fidelity to Vanguard

I think the fastest way would be to do a wire transfer from Fidelity to Vanguard. This would basically be immediate but there is likely a fee and I am not sure you could automate it if that's what you are looking to do. Agree with DSInvestor that if you have enough in the bank account to float the ...
by Cycle
Tue Oct 31, 2017 8:29 am
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 8991

Re: My 401k is almost all cash now. 1/2 Mil

I may start DCA into SPY a little bit and hope for a crash in next few years. Are you being affected by the sunk cost effect? Nows as good a time as any to get into the 3 fund portfolio. The sooner the better. Are you in the 2/3rds that underperforms the index or in the 1/3 that beats it? If you're...
by Cycle
Mon Oct 30, 2017 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 8991

Re: My 401k is almost all cash now. 1/2 Mil

First time poster here. Have around $530K all in Stable Fund. Age 48. I have seen crashes of 1999 and then 2008. Since 2011 I started selling and now it is all cash. Thinking that I will see one more major crash, buy back all again and retire after next cycle. I play around with ETF GLD, SLV but th...
by Cycle
Mon Oct 30, 2017 5:31 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 91
Views: 13259

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

I've been telling people there's only one finance book 99% of people need to read, which is the bogleheads guide to investing, but perhaps I've been mistaken and a 2nd is in order. After reading the first book and watching Rick Van Ness's videos I changed our AA to the 3 fund and love the simplicity...
by Cycle
Sun Oct 29, 2017 9:27 am
Forum: Personal Consumer Issues
Topic: Is it difficult to switch from an iPhone to an Android?
Replies: 99
Views: 7609

Re: Is it difficult to switch from an iPhone to an Android?

Purchasing a Nexus 5x through Google project fi is $280 and it's a top of the line phone (finger print sensor, nice camera, great display). Pixel two is 650. Been using project fi and it's really nice if u travel internationally. I switched to Android after the iPhone 3g. Android is much better imo....
by Cycle
Sat Oct 28, 2017 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 18883

Re: Early-retired 35 year old with $1 million

I'm 34, net worth 1.1M with wife's assets. We're FI by pauper standards, but I'm targeting 45 for early retirement, we should be at 3.5M in taxable/401k in 2017 dollars by then. That early retirement would still have like 20k of rental income, so not truly retired. Pretty safe assuming $80k annual w...
by Cycle
Mon Oct 23, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: I want to (semi) retire at 42, in 2 years. Can I?
Replies: 28
Views: 3852

Re: I want to (semi) retire at 42, in 2 years. Can I?

My pleasure. I recently modeled a lower salary in the event we move to be closer to family, and am shocked how little impact salary over a few years makes late in the game and how big an impact saving early in my career was. My wife was disappointed she got put on a 6mo wait for her next promotion a...
by Cycle
Sun Oct 22, 2017 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: I want to (semi) retire at 42, in 2 years. Can I?
Replies: 28
Views: 3852

Re: I want to (semi) retire at 42, in 2 years. Can I?

You have $47k in side-hussle income at semi retirement. Assuming you are putting 80k annual savings away and the market produces 4% real return (doubtful), you'll have $4.19m in 2 years. That is roughly $125k SAWR 3.5%. Assuming you pay off your mortgage prior to 42, you'll have $172k to live on per...
by Cycle
Sun Oct 15, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: You career roots and your path to financial independence. "Actionable: steps and tips for others?
Replies: 56
Views: 6000

Re: You career roots and your path to financial independence. "Actionable: steps and tips for others?

Get a degree or certification. Live below means. Make sure you are compensated above average for field, or make a change. My wife and I are 34 and have $1.1 net worth. We are both engineers. We live in a duplex, rent out the other half. We save $148k per year. Our income is $260k. We take advantage ...
by Cycle
Sun Oct 08, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2521

Re: Spouse gets blowouts?

Actionably: A monthly "fun money" account might be a good idea.... or leave an envelope filled with 100 dollar bills on her dresser every month. We already have a pile of money in a box from the crap we sell on Craigslist, but perhaps I should slip a salon gift certificate in there from time to time.
by Cycle
Sun Oct 08, 2017 11:08 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2521

Re: Spouse gets blowouts?

Does your wife work? If you are the sole income earner, it seems like she's spending foolishly (especially paying someone to blow dry her hair and $80 shampoos). I use 99 cents Suave and I get compliments on my soft hair all the time. I use make up from the dollar store and people often compliment ...
by Cycle
Sun Oct 08, 2017 11:02 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2521

Re: Spouse gets blowouts?

OP, <<We bank $148k per year on $260k income, >> If you save enough, you can spend the rest. In your case, it is definitely the case. So, why worry about the tree in the forest? I save 30+% of my gross income. I just spent $1,700 on a folding electric bike. KlangFool We have achieved an extremely h...
by Cycle
Sun Oct 08, 2017 10:34 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2521

Re: Spouse gets blowouts?

Does your wife work? If you are the sole income earner, it seems like she's spending foolishly (especially paying someone to blow dry her hair and $80 shampoos). I use 99 cents Suave and I get compliments on my soft hair all the time. I use make up from the dollar store and people often compliment ...
by Cycle
Sun Oct 08, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2521

Re: Spouse gets blowouts?

I would suggest you live with it. It is a super small portion of your income and also of what you save. There are a lot of things my wife does that I don't understand, but they don't cost a lot, and they make her happy. If you say something, best case scenario is she is mad, worse case scenario is ...
by Cycle
Sun Oct 08, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2521

Re: Spouse gets blowouts?

ceheaper than equestrian horses :shock: :moneybag Actionably: make a mutual budget or apportion "spending money" separately. A wise person once told me that one should never let your child within reaching distance of a horse, bc they will fall in love and you'll be paying stable fees for the next t...
by Cycle
Sun Oct 08, 2017 10:21 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2521

Re: Spouse gets blowouts?

You just have to accept it and move on. Between deodorant and razors, I might spend $50/yr on hair/hygiene, my wife generally spends that much per week on her nails. Then there is the eyelashes and clothes or I'll come home one day and her hair is a different color. I simply don't understand, it's ...
by Cycle
Sun Oct 08, 2017 10:01 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2521

Re: Spouse gets blowouts?

what was your agreement about these things before you got married? None. We just agreed we wanted kids and would have joint finances and a budget. After getting married we did collaborate on creating a financial strategy document, which has out savings rate/insurance strategy/ debt policies (no deb...
by Cycle
Sun Oct 08, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2521

Re: Spouse gets blowouts?

Pajamas wrote:
Sun Oct 08, 2017 9:25 am

It sounds like a certificate for a day at the spa would make a thoughtful gift for her for a special occasion or even for no reason at all.
Excellent idea, perhaps I'll get one for her and a friend. This would really make her happy since she seems to really enjoy getting the pedi
by Cycle
Sun Oct 08, 2017 9:49 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2521

Re: Spouse gets blowouts?

If it's affordable, forget it. Do you spend that much on something non-essential that interests you? (I thought you were going to ask about tire trouble...) We bank $148k per year on $260k income, it is very affordable. I need to forget it, or better yet follow advice of other posters, compliment /...
by Cycle
Sun Oct 08, 2017 9:12 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2521

Spouse gets blowouts? [Hair care]

My spouse gets blowouts, which I'm probably oversimplifying but it is paying someone to dry your hair. $80 bottles of shampoo. Mani/peti spouse, pawdi for the dog. These are all things that provide value and enjoyment to my spouse. The total cosmetic maintenance cost is likely under $2k per year, de...
by Cycle
Sun Oct 08, 2017 7:51 am
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 57
Views: 4482

Re: Too much house? (nervous 1st time buyer)

Have you considered a duplex? Depending on where you are in the country, you may find something affordable that gives you a yard and basically covers your mortgage by renting out the other unit. I would not be in a rush to buy a house in the current market unless you are planning on living in the a...