Search found 504 matches

by Cycle
Sun Jul 15, 2018 1:46 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 407
Views: 39659

Re: I think I hit 100k on retirement milestone?

:sharebeer :dollar :moneybag :dollar :moneybag. I maxed out my 401k from when I was 23 onward. It took 12 years, but 401k is now at $500k. It was painful at times, having roommates when I could afford to live alone, saying no to new cars, but worth it. On track to FIRE with 2% SAWR at 47, 44 if mark...
by Cycle
Sun Jul 15, 2018 12:36 pm
Forum: Personal Consumer Issues
Topic: kayaking!
Replies: 13
Views: 1057

Re: kayaking!

We have multiple lakes within a few miles, each of which has a rental kiosk, so we just rent kayaks, canoes, paddle boards, etc. on demand. Beats have to store something that gets used a handful of times a year, and that way we can just bike to the lake and not deal with parking. If I didn't have th...
by Cycle
Sat Jul 14, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: What are you learning or studying?
Replies: 92
Views: 6028

Re: What are you learning or studying?

Relearning Matlab on Coursera. Android app programming on udacity. Bill Evans Waltz for Debbie on Piano.

MAF low heart rate endurance training, per maffetone
by Cycle
Thu Jul 12, 2018 6:39 pm
Forum: Personal Consumer Issues
Topic: Costco Membership
Replies: 46
Views: 4758

Re: Costco Membership

We dropped our Costco membership after the 1 year promo as we weren't getting our money's worth and they are all out in the boondocks here. I'd just use zenni, they are super cheap. My perscription sunglasses were less than $40, and I like them better than my fancy Ray Ban regular glasses.
by Cycle
Thu Jul 12, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: How to help parents "see the light" with index investing?
Replies: 17
Views: 1310

Re: How to help parents "see the light" with index investing?

I've been investing in index funds since I was 22, 11 years before I heard of bogleheads. I just picked the funds with the lowest expense ratio since I'm frugal. Are they frugal?
by Cycle
Thu Jul 12, 2018 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Switching to Target Retirement Funds
Replies: 15
Views: 1952

Re: Thoughts on Switching to Target Retirement Funds

My 401k recently automatically switched me to target funds since my investment selections went away. The expense ratio is .1, ($500/yr). For this account I save $400/yr by self balancing my 401k. I'm not sure if I'm going to stay in target funds, but if I do I think I'll be more immune to market tim...
by Cycle
Tue Jul 10, 2018 4:01 pm
Forum: Investing - Theory, News & General
Topic: Market Timing - A fool's game?
Replies: 28
Views: 2108

Re: Market Timing - A fool's game?

I believe Monday is the best time to buy, so every Monday I automatically buy a couple thousand dollars worth of VTIAX. I currently have our entire 401k portfolios in target funds, which is the vast majority of our inveatible assets (75%). This is a switch from the three fund a month ago. The target...
by Cycle
Tue Jul 10, 2018 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Car totaled by uninsured driver
Replies: 37
Views: 3354

Re: Car totaled by uninsured driver

I was hit by an uninsured, unlicensed driver on a temporary work permit from Ecuador. I was hit on the highway, when he lost control of his car on a curve. I don't carry collision insurance. The police advised me to work directly with the guy to try and get money. He was issued a citation for no lic...
by Cycle
Mon Jul 09, 2018 9:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - What will the real return be for stocks and bonds over the next ten years?
Replies: 46
Views: 5055

Re: Vanguard - What will the real return be for stocks and bonds over the next ten years?

Not sure how expected returns affects AA, but I would think one should just stick to the AA in ones plan, unless you are a market timer. Expected return can be used to estimate the equity risk premium. An example using random numbers: If the nominal return of risk-free bonds is expected to be 2.5%,...
by Cycle
Mon Jul 09, 2018 9:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - What will the real return be for stocks and bonds over the next ten years?
Replies: 46
Views: 5055

Re: Vanguard - What will the real return be for stocks and bonds over the next ten years?

I use 7% real returns for planning purposes. Not sure how expected returns affects AA, but I would think one should just stick to the AA in ones plan, unless you are a market timer. With this plan, the 75% net savings rate we have will allow us to be financially secure, so no need to start cutting ...
by Cycle
Sun Jul 08, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - What will the real return be for stocks and bonds over the next ten years?
Replies: 46
Views: 5055

Re: Vanguard - What will the real return be for stocks and bonds over the next ten years?

I use 7% real returns for planning purposes. Not sure how expected returns affects AA, but I would think one should just stick to the AA in ones plan, unless you are a market timer. With this plan, the 75% net savings rate we have will allow us to be financially secure, so no need to start cutting b...
by Cycle
Fri Jul 06, 2018 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Anxiety Spending Money
Replies: 52
Views: 5182

Re: Anxiety Spending Money

I skip breakfast and lunch 5 days a week. I don't own a car (DW has one). Don't call it frugality, call it minimalism. we travel often with credit card churning points, or tack vacation time onto work trips. Just booked a trip to Bilbao / San Sebastian Spain with chase points. You can live an "extra...
by Cycle
Fri Jul 06, 2018 4:54 pm
Forum: Personal Consumer Issues
Topic: What time do you get up in the morning?
Replies: 138
Views: 8867

Re: What time do you get up in the morning?

7hrs from when I go to bed, usually 5am - 5:30
by Cycle
Fri Jul 06, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: Anyone Tried Costco Travel Packages?
Replies: 31
Views: 3408

Re: Anyone Tried Costco Travel Packages?

I costed out a trip to Peru, was cheaper to diy since we air bnb and are pretty frugal but frequent travelers. Do u have to travel with other Costco members? Like is it a land cruise?
by Cycle
Fri Jul 06, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Tech tilt as hedge against rising cost of living in Bay Area
Replies: 37
Views: 2851

Re: Tech tilt as hedge against rising cost of living in Bay Area

Tech is included in the 3 fund, a lot of it.

Since you like to optimize, perhaps this is a weakness and target funds could produce the best returns for you. Especially with the looming recession in the next 10 years.
by Cycle
Wed Jul 04, 2018 8:28 pm
Forum: Personal Consumer Issues
Topic: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?
Replies: 62
Views: 4831

Re: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?

Did you factor in paying for parking at work in Minneapolis? Parking is likely free at your CPA firm in Madison. If u live in uptown, u can easily just take a bus to downtown. They go every 10 minutes. I used to live in uptown. Or u could just live downtown and walk to work. The area near the Vikin...
by Cycle
Wed Jul 04, 2018 7:57 pm
Forum: Personal Consumer Issues
Topic: bike helmets
Replies: 82
Views: 4529

Re: bike helmets

Traffic calming features, generally slow moving (or absence of) automotive traffic, and slow cycling speeds all make the potential impacts much less than what we see stateside. Often times, there are dedicated bike lanes completely separate from automotive traffic or streets off-limit to automotive...
by Cycle
Wed Jul 04, 2018 5:59 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5665

Re: Any Boglehead powerlifters?

I did 5x5 stronglifts the last year. I really enjoyed it, but would always get to a plateau, then injured myself and have to go way down in weight to get the form fixed. Now I'm doing solely aerobic training to try and get 8 minutes off my marathon time and qualify for Boston. MAF method. Hoping to...
by Cycle
Tue Jul 03, 2018 10:20 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5665

Re: Any Boglehead powerlifters?

I did 5x5 stronglifts the last year. I really enjoyed it, but would always get to a plateau, then injured myself and have to go way down in weight to get the form fixed. Now I'm doing solely aerobic training to try and get 8 minutes off my marathon time and qualify for Boston. MAF method. Hoping to ...
by Cycle
Tue Jul 03, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Fed survey: 40% of adults cannot cover a $400 emergency expense
Replies: 48
Views: 4979

Re: Fed survey: 40% of adults cannot cover a $400 emergency expense

Wouldn't it be likely that a greater percentage of people below the median rent apartments instead of buy homes? Also, roughly one third of Americans own their home outright. Yes, except WanderingDOC and other enlightened individuals. One would just need to look at loan applications for new purchas...
by Cycle
Tue Jul 03, 2018 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Fed survey: 40% of adults cannot cover a $400 emergency expense
Replies: 48
Views: 4979

Re: Fed survey: 40% of adults cannot cover a $400 emergency expense

In our fanciest large neighborhood of the twin cities, Edina, the median home price/income are $475k/$87k. That's 5.5 times income. Seems like a lot to me and no surprise one would be stretched thin trying to make ends meet after keeping up with the Joneses. I'm sure hcol areas have rediculous incom...
by Cycle
Mon Jul 02, 2018 8:14 am
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 7477

Re: What % of your equity is int’l?

33%. I have 50% as a Target, but it would take years for me to get there since most of the VTIAX is in the taxable account and my 401k doesn't offer a cheap international fund.
by Cycle
Mon Jul 02, 2018 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Affording a $1.8-2M house
Replies: 54
Views: 8887

Re: Affording a $1.8-2M house

If u can get something within walking distance of work, even if a condo, you could improve your commute immeasurably. Perhaps daycare in building or next door. For inspiration read walkable city by Jeff speck. If cars give you any stress, eliminate that stress by driving as infrequently as possible ...
by Cycle
Sun Jul 01, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: Cheapest way to buy a phone in 2018?
Replies: 73
Views: 6924

Re: Cheapest way to buy a phone in 2018?

I think that is about the amount we will end up paying for our Moto4 phones at $6/month with our Sprint plan. DW and I are very happy with the phones. I was most impressed with how long the battery lasts. The X4 at that price really makes phones seem like a commodity, and make me wonder why people ...
by Cycle
Sat Jun 30, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Cheapest way to buy a phone in 2018?
Replies: 73
Views: 6924

Re: Cheapest way to buy a phone in 2018?

I bought two new Moto X4's for $125ea. Nice camera, finger print sensor, latest android. The catch was that a $250 credit was given by Google (so I had to pay $500), but get that money back on subsequent monthly bills. For two people, bill is usually $60-90. $90 when my wife is traveling a lot and u...
by Cycle
Sat Jun 30, 2018 8:38 am
Forum: Personal Consumer Issues
Topic: Should I replace my water heater?
Replies: 50
Views: 3058

Re: Should I replace my water heater?

My water heater was installed in 1997 and it had a longer warranty that required a second anode rod be installed. The rods have never been replaced and it's still going strong... knock on wood. So if you replaced it at 12 years proactively, you'd be buying your 3rd next year. My plumber has a 29 ye...
by Cycle
Sat Jun 30, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: Should I replace my water heater?
Replies: 50
Views: 3058

Re: Should I replace my water heater?

I would replace it when it starts leaking... unless you have carpet nearby and it isn't anywhere near a drain. Could you live with a leak if it happened? Is the valve to the hot water heater working? I just had my plumber replace a 20 year old one (slow leaking). Valve to unit was shot, so I had a l...
by Cycle
Fri Jun 29, 2018 7:15 am
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 169
Views: 14694

Re: How much (green) cash at home for emergency ?

SQRT wrote:
Fri Jun 29, 2018 7:12 am
Cycle wrote:
Fri Jun 29, 2018 7:06 am
$40-80. Also a couple thousand in silver dollars in case capitalism fails / cyber war / zombies.
I didn’t know zombies took silver dollars?
They can buy lots of Fiat currency (non-USD, or USD 2.0, usd 3.0), which zombies take. Zombies don't take USD
by Cycle
Fri Jun 29, 2018 7:06 am
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 169
Views: 14694

Re: How much (green) cash at home for emergency ?

$40-80. Also a couple thousand in silver dollars in case capitalism fails / cyber war / zombies.
by Cycle
Wed Jun 27, 2018 8:36 pm
Forum: Personal Consumer Issues
Topic: Sister-in-Law - trouble adulting - Pay medical bill?
Replies: 41
Views: 3516

Re: Sister-in-Law - trouble adulting - Pay medical bill?

The gift is for a psychiatrist. That would be a good reason for me. If you want somebody to keep moving forward, removing mental health help is not productive. She actually stopped going recently, because she can't afford it. She has insurance, but didn't have enough reserves to cover the deductibl...
by Cycle
Wed Jun 27, 2018 8:08 pm
Forum: Personal Consumer Issues
Topic: Sister-in-Law - trouble adulting - Pay medical bill?
Replies: 41
Views: 3516

Re: Sister-in-Law - trouble adulting - Pay medical bill?

Quitting without a new job lined up might be appropriate if the boss was truly terrible. It certainly isn't appropriate if she was just bored at this job. It also indicates that she has no concept of needing to be self reliant. She doesn't have enough savings to cover a $300 bill and has dawdled ab...
by Cycle
Wed Jun 27, 2018 7:44 pm
Forum: Personal Consumer Issues
Topic: Sister-in-Law - trouble adulting - Pay medical bill?
Replies: 41
Views: 3516

Sister-in-Law - trouble adulting - Pay medical bill?

I'm curious what others have done with in-laws who have failed at adulting, and what to do when they ask for loans (we gift..., so it's a question of if we should gift). My sister in law had a bad boss and ended up quitting. We advised her to find another job before quitting, to no avail. Her unempl...
by Cycle
Wed Jun 27, 2018 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Another should we buy this So. Cal house thread...
Replies: 42
Views: 2084

Re: Another should we buy this So. Cal house thread...

What would you guys do, run? We get killed on taxes but our jobs are SO great here with our work life balance. I get so much time with my family. If my family were local, i'd stay and just put up with the VHCOL expenses. There are great work life balances in many cities. Minneapolis for example, an...
by Cycle
Wed Jun 27, 2018 5:02 pm
Forum: Personal Consumer Issues
Topic: Vintage brands
Replies: 15
Views: 1425

Re: Vintage brands

I use a Scott's 1960's era reel mower my dad gave me. Scotts was founded in 1868.
by Cycle
Tue Jun 26, 2018 5:39 pm
Forum: Personal Consumer Issues
Topic: Family dynamics/in laws/am I being petty?
Replies: 143
Views: 6945

Re: Family dynamics/in laws/am I being petty?

Yes, you're being petty. This is money that is in the weeds and shouldn't be worried about. Splitting the bill when there are less of you is being generous. My co-workers brother in law bought their entire family, like 30 people, Alaskan cruise tickets and airfare. The brother in law died a couple m...
by Cycle
Tue Jun 26, 2018 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: $1 million house--- sanity check
Replies: 96
Views: 10281

Re: $1 million house--- sanity check

lws wrote:
Tue Jun 26, 2018 2:54 pm
From experience, 3000 sq ft is too big for four.
+1, our duplex can easily accommodate two families of four. It's 2x 1000 sqft units. You'll end up filling that space with unnecessary stuff, which will unnecessarily delay your FI date.

We don't have enough junk to fill 1500 sqft
by Cycle
Mon Jun 25, 2018 9:58 pm
Forum: Personal Consumer Issues
Topic: Used vs New - always buy new once you get to a certain point?
Replies: 31
Views: 2941

Re: Used vs New - always buy new once you get to a certain point?

If it goes inside the body, I buy new (food, floss, toothbrush). If it is clothing I mostly buy new but occasionally buy used. My wife buys used clothes a fair bit. If it's a car... Probably won't ever need to buy another car, since ours has 80k miles on it and when it needs replacing we'll just swi...
by Cycle
Mon Jun 25, 2018 7:03 pm
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 55
Views: 6521

Re: Contractor - Threatening Lien/Lawsuit

you've been bamboozled. cut communication and your losses. I'm waiting for PM from OP requesting my bank account # so he can give me a reward for solving his problems, just kidding, but this is pretty typical of some of the shenanigans I see when I hire contractors / list property on craigslist. :sh...
by Cycle
Sun Jun 24, 2018 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Is this all investing is?
Replies: 38
Views: 3769

Re: Is this all investing is?

Stay the course, only thing I would change is to credit card / bonus churn for rewards. You can then fly with points. I did most of my traveling in my 20s in central and South America. It's cheaper than a vacation in the US. Cars are a collossal waste of money when you are in the accumulation phase,...
by Cycle
Fri Jun 22, 2018 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 339
Views: 29956

Re: What is/ was your career and would you recommend it now?

Biomedical engineer. Mechanical focus. Started working at 22 in R&D and am 12 years into my career. I would recommend it and would do it again. As an individual contributor, I get to lead a small team of designers and also do a lot of designing / testing / modeling myself. Get to impant my devices i...
by Cycle
Fri Jun 22, 2018 7:17 am
Forum: Personal Consumer Issues
Topic: Most vs. Least satisfying home impovements
Replies: 35
Views: 3504

Re: Most vs. Least satisfying home impovements

I gut rehabbed a duplex and put in two new kitchens/baths. The most satisfying is anything I hired out. Least satisfying anything I diy'd The single most satisfying was hiring a carpenter to replace the rotting trim on the exterior then hire a painter to paint the trim. The reason why was I was conc...
by Cycle
Fri Jun 22, 2018 7:06 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 161
Views: 14667

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

No, it was like all financial milesstones, they come and pass without much fanfare. I told DW, she did not care, rightly so. There's nothing to celebrate, it's just money. I still have many milesstones left: 1MM in taxable. 1MM investible assets in millionaire next door dollars (1996 dollars). 1MM i...
by Cycle
Thu Jun 21, 2018 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Is the first 100k really the hardest?
Replies: 156
Views: 42798

Re: Is the first 100k really the hardest?

The first 100k came pretty quickly once I started working with a 401k. But I'm finding that first $1 million to be pretty friggin hard to get to. I'm not even a third of the way there, so it feels like an unreachable goal. :-( I'm constantly tempted to just blow my money on that luxury car I've alw...
by Cycle
Wed Jun 20, 2018 5:53 pm
Forum: Personal Consumer Issues
Topic: What will (or would) you tip when wages go up?
Replies: 53
Views: 3576

Re: What will (or would) you tip when wages go up?

To the robot that the restaurant owner purchased, 0. To the server, I don't know... Would it be like Europe?
by Cycle
Wed Jun 20, 2018 7:14 am
Forum: Investing - Theory, News & General
Topic: Oh my! Cardone says we need $10m net worth
Replies: 104
Views: 13896

Re: Oh my! Cardone says we need $10m net worth

The only ways you get to $10 million are mainly You have really high salary (MD or Csuite executive, Investment banker etc) You own a successful business You do a lot of real estate investing and go about it fairly aggressively. Got lucky and cashed in on stock options of rapidly growing company Yo...
by Cycle
Tue Jun 19, 2018 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on track to retire at 55?
Replies: 24
Views: 2681

Re: Am I on track to retire at 55?

jnk715 wrote:
Tue Jun 19, 2018 10:24 am
Monthly expenses: 1,800 dollars.
Wow, that is really low. How much is your rent or mortgage? Do you own a car, if so how much did it cost and how many miles do you drive/yr?

How much do you expect to pay for healthcare when you retire?
by Cycle
Mon Jun 18, 2018 6:18 pm
Forum: Personal Consumer Issues
Topic: How much car to buy reasonably?
Replies: 86
Views: 5279

Re: How much car to buy reasonably?

50k, wouldn't do more
by Cycle
Mon Jun 18, 2018 5:36 pm
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5329

Re: Rowing machine motivation

I gave a lot of bad advice on this thread. I think I may have been training wrong for endurance events the last 20 years. If you're training your aerobic system for endurance sports, like lasting on the concept 2 for 45 minutes, train your aerobic system. Listen to this: http://trailrunnernation.com...
by Cycle
Mon Jun 18, 2018 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Do you cancel old credit cards?
Replies: 55
Views: 5459

Re: Do you cancel old credit cards?

We still churn, mainly airline cards and 1 at a time since we spend less. Still locked out by 5x24. We kept chase Sapphire reserve, nice perks.

I cancel the cards as soon as I get the miles (if airline) or after I use the miles.
by Cycle
Sun Jun 17, 2018 8:06 pm
Forum: Personal Consumer Issues
Topic: African Safari: Worth it or Hype?
Replies: 57
Views: 4644

Re: African Safari: Worth it or Hype?

I was in South Africa with some friends for an Ironman, so we went through Kruger national park as a side trip. It was pretty neat, but it is a lot of sitting in a car. We did 4 days in the park, with AC lodging and all safaris and walking trips it was probably $1200 for two people, but this was at ...