Search found 198 matches

by Cycle
Fri Feb 23, 2018 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 2% return?
Replies: 34
Views: 2483

Re: Guaranteed 2% return?

Debt free life is simple and worth it imo, including mortgages
by Cycle
Fri Feb 23, 2018 4:44 am
Forum: Investing - Help with Personal Investments
Topic: What to do when no Admiral shares? Expense Ratio (Total World)
Replies: 19
Views: 1420

Re: What to do when no Admiral shares? Expense Ratio (Total World)

I calculate my total fees for the year, $630. 8.5k if with 1% advisor. I split up total world into VTIAX and s&p, but the .1 vs .2 is pretty trivial... Nonetheless I still take advantage of the lower ratio with VTIAX.
by Cycle
Wed Feb 21, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: What UN-frugal thing do you do?
Replies: 163
Views: 7692

Re: What UN-frugal thing do you do?

Travel internationally for vacation a few times a year. Eat out a twice weekly with friends or spouse. Frugal (Tightwad) in most other areas.
by Cycle
Tue Feb 20, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for some help and fast (buying vs renting, net worth)
Replies: 52
Views: 3314

Re: Looking for some help and fast (buying vs renting, net worth)

At the OPs income level 330k, I'd consider myself house poor with that high of housing costs. Most people are not prodigous accumulators of wealth, and are happy delaying FI in exchange for some luxuries. Can you help me understand how we'd be "house poor" with this? I'm not asking out of defensive...
by Cycle
Tue Feb 20, 2018 2:37 am
Forum: Personal Finance (Not Investing)
Topic: Looking for some help and fast (buying vs renting, net worth)
Replies: 52
Views: 3314

Re: Looking for some help and fast (buying vs renting, net worth)

B) That means both (A) and (B) are not rich enough to be Financially Independent yet. And, they choose to be "House Poor" and spend a lot more on housing. The question is very simple. At the OPs income level 330k, I'd consider myself house poor with that high of housing costs. Most people are not p...
by Cycle
Mon Feb 19, 2018 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 6754

Re: Sell me on the benefits of an emergency fund

The market closes for 6 months. No sales, no purchases. :twisted: You lose your job, no severance given. :twisted: Unemployment insurance pays 25% of your monthly expenses. :( How do you get cash? From my wife or from Tennants rent. If two engineers working in food distribution and healthcare field...
by Cycle
Mon Feb 19, 2018 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 6754

Re: Sell me on the benefits of an emergency fund

Just a portion of the earnings from our 100% stock taxable "emergency fund" we set up and funded from 1986 to 1990 have paid for two new cars and part of another one, a home down payment (back when houses were cheaper), two years total cost of attendance at the most expensive in-state State U for o...
by Cycle
Mon Feb 19, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Do you have a Japanese bath in your house?
Replies: 27
Views: 3914

Re: Do you have a Japanese bath in your house?

And there is quite a gap from a Japanese bath in a home (aka a certain type of bathtub) and a public bath or an Onsen, which is an experience in itself. Around us the more common installation that might be in a home or cabin would be a sauna followed by a dunk through the ice in a lake. I was think...
by Cycle
Mon Feb 19, 2018 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 6754

Re: Sell me on the benefits of an emergency fund

Same here, I recognize it's a luxury to be able to buy a new car tomorrow vs. renting until funds settle from a stock sale. you'd be surprised how easy it is to buy a car same day with no funds. when i bought my car, i walked in around 7pm. i walked out at 9pm with the keys. all i paid them was $30...
by Cycle
Mon Feb 19, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 79
Views: 5784

Re: Effect of spending money on appearance in career

It is really pathetic there is so much discrimination based on appearance, and I'm sure a lot of productivity is lost on people dressing up for work. BUT you want to look as good as you naturally can regardless of your career. Eat well and fast regularly. Exercise daily in an impactful way. Measure ...
by Cycle
Mon Feb 19, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 6754

Re: Sell me on the benefits of an emergency fund

3) I have an emergency fund because that makes me happy. It's a luxury. It's what I choose to do with my money. Some people get a sense of well-being from being really well dressed. Some from owning show-quality pedigreed dogs. I do from having an emergency fund... in the bank. Same here, I recogni...
by Cycle
Mon Feb 19, 2018 2:52 am
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 76
Views: 4307

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

My State also requires all vehicles to carry insurance coverage and that is checked at annual plate renewal although I don't know what happens if someone cancels insurance after registering the vehicle for the year. They can cancel it and just drive uninsured. Another popular option is to buy a che...
by Cycle
Mon Feb 19, 2018 2:42 am
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 69
Views: 5227

Re: Sams Club vs Costco

We've had memberships at both, but I found its much cheaper for us to just shop at Aldi, farmers market, and target, especially after taking into account driving as Costco's and Sams are usually out in suburbia
by Cycle
Mon Feb 19, 2018 2:32 am
Forum: Personal Consumer Issues
Topic: Bogleheads with $100K+ MSRP cars?
Replies: 102
Views: 9627

Re: Bogleheads with $100K+ MSRP cars?

TheEternalVortex wrote:
Sun Feb 18, 2018 3:40 pm
To put it in perspective, a $100k car costs about the same as just using ridesharing (Lyft/Uber) for all travel.
Perhaps for you, not for someone in a walkable / bikeable city.
by Cycle
Sat Feb 17, 2018 9:14 am
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 76
Views: 4307

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

250k per individual / 500k per occurrence is 50 per year for us. We also have an umbrella. Total premium is 460 per year, for a 1 car family.
by Cycle
Sat Feb 17, 2018 8:53 am
Forum: Personal Consumer Issues
Topic: How to cancel TV and not Internet w/ Spectrum Time Warner
Replies: 18
Views: 1245

Re: How to cancel TV and not Internet w/ Spectrum Time Warner

Yes, you need to be direct. "I need to cancel service because I no longer use it, and I do not want to answer survey questions or hear promotional offers." I constantly churn through credit cards for miles, and simply say that so they can skip through the script. You're freeing up that employee to t...
by Cycle
Sat Feb 17, 2018 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Live / work in California - Technology Career
Replies: 99
Views: 5900

Re: Live / work in California - Technology Career

we pay only 10.2% of income to housing for 4000 square feet compared to our old Bay Area 1500 square foot house. We love the Bay Area, which as others have mentioned, covers quite an expansive area. Our commutes in the Bay Area were less than a mile which improved the quality of life. We're at 1.7 ...
by Cycle
Fri Feb 16, 2018 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 80
Views: 9406

Re: Job is starting to suck the life out of me.

If you are an employee for a company, you have a job, not a career. Wrong I would be interested in your persoective. Please elaborate. Purely by definition of career, you are wrong. But to elaborate; your employer doesn't own you. You build skills and cultivate networks and are free to leverage thi...
by Cycle
Fri Feb 16, 2018 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 80
Views: 9406

Re: Job is starting to suck the life out of me.

Many of my recent posts deal with the soul-draining aspect of my Megacorp and why I don't have the cajones to resign even though I can easily FIRE and this place is killing me. I'm currently in the midst if a particularly bad afternoon and have now escaped to a men's room stall for a moment of resp...
by Cycle
Fri Feb 16, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 80
Views: 9406

Re: Job is starting to suck the life out of me.

GratefulinNC wrote:
Fri Feb 16, 2018 10:17 pm
ImUrHuckleberry wrote:
Fri Feb 16, 2018 9:31 pm
GratefulinNC wrote:
Fri Feb 16, 2018 1:07 pm
If you are an employee for a company, you have a job, not a career.
Wrong
I would be interested in your persoective. Please elaborate.
A career is: an occupation undertaken for a significant period of a person's life and with opportunities for progress.
by Cycle
Thu Feb 15, 2018 10:50 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 133
Views: 9574

Re: What big item (>20k) are you saving up for?

Saving in VTIAX to buy more VTIAX
by Cycle
Tue Feb 13, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Our 'cure' for emergency expenses
Replies: 96
Views: 10777

Re: Our 'cure' for emergency expenses

I get 2% in my credit union for up to 25k total balance, if I make a handful of transactions (I can't just let it sit there). Many banks offer this.

I just budget the recurring expenses and try to minimize those. I don't bother with little stuff or vacation budgets.
by Cycle
Tue Feb 13, 2018 7:35 am
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 11154

Re: Did you learn anything from the market correction?

I learned news on the stock market from experts is really annoying and hard to mute. "Hey Google, stop streaming analysts explanations for reversion to the mean after a massive runnup" doesn't work on the Google home
by Cycle
Tue Feb 13, 2018 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16851

Re: Number at which to stop worrying

When you know your rigid recurring expenses, your luxury expenses, your savings rate, and you have a thorough savings plan you can stop worrying. You'll know your time to reach 3.5 or 3 or 2.5% SAWR. I'd only be worried if I didn't have a plan.
by Cycle
Mon Feb 12, 2018 10:56 pm
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6642

Re: Day trading for a living/career?

3 fund. Day trading seams like professional gambling. I'm sure there would be rushes, but Id have to think it would be an unfulfilling job unless you make so much you can give back to society in some meaningful way. I read flash boys and thought, what a waste of talent.
by Cycle
Mon Feb 12, 2018 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Is it stupid of me to comprise almost all of my portfolio with high dividend funds/etfs?
Replies: 17
Views: 1162

Re: Is it stupid of me to comprise almost all of my portfolio with high dividend funds/etfs?

Maximize your returns and minimize your costs. I'd be 50% VTIAX and 50% VTSAX. Feed money into tax efficient accounts every year (backdoor Roth). Let the money grow for 15 years. I'd take growth over dividend. My company pays out a handsome dividend and our stock never goes anywhere.
by Cycle
Mon Feb 12, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Seeking career advice - Software Engineer
Replies: 34
Views: 2710

Re: Seeking career advice - Software Engineer

I've survived 5 or 6 rounds of layoffs in the last ten years. One of those years 50% was layed off, then mgmt hired the same amount back the next year... Total incompetence. I keep no personal affects at work, besides my engineering alumni coffee mug and a picture of my wife and dog. I am constantly...
by Cycle
Sun Feb 11, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 6442

Re: Does it ever make sense to buy a new car?

Cars are a very expensive recurring cost and take a lot of time to maintain, even if you are just taking them to the dealer for repairs / maintenance. My total all-inclusive transportation costs went from $5k per year to $1k per year when I switched to bike commuting.... And no more belt replacement...
by Cycle
Sat Feb 10, 2018 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: 4% rule and early retirement?
Replies: 69
Views: 8357

Re: 4% rule and early retirement?

... visits from past alien 'family"..... Which potential event gives us more of a chill - working XX years more than necessary or not having sufficient funds? Visits from past alien family certainly gives me a chill. If one finds fulfillment in their work, it makes working to extend savr from 4 to ...
by Cycle
Sat Feb 10, 2018 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 8641

Re: Tenants want to break lease early and is pregnant

We just do month to month from the start. They could be our tenants for a month or a decade. The benefit is we can get bad Tennants out much faster than an eviction... Just don't renew the 30 day lease. We also avoid these situations.
by Cycle
Fri Feb 09, 2018 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Market Drop - Good Entry point?
Replies: 9
Views: 1373

Re: Market Drop - Good Entry point?

Yes absolutely a good time to go all in, January 26th was even better.

I wish you luck with your market timing.
by Cycle
Fri Feb 09, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: 0% 18/MO.Balance Transfer w/2% fee
Replies: 17
Views: 856

Re: 0% 18/MO.Balance Transfer w/2% fee

Good idea, but you'd be better off doing one without a 2% fee. I've used CCs to do 0% loans for a year during a rennovation (40k worth of 0% interest $0 closing cost loan -> essentially bought all the materials with the CC). I'm assuming you never carry a balance or pay the credit card companies int...
by Cycle
Fri Feb 09, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 13195

Re: "The stock market is officially in a correction... here's what usually happens next"

Hi Taylor, Indeed, if the market rockets higher, then I missed out on substantial gains. And that would suck for me. Also, I'm well aware of that possibility. I would not recommend my "strategy" to anyone. If members of forum are looking for advice, they would be wise to listen to YOU, not me. Stay...
by Cycle
Fri Feb 09, 2018 4:57 pm
Forum: Personal Consumer Issues
Topic: Financially secure, horrible workplace but just can't FIRE
Replies: 54
Views: 6316

Re: Financially secure, horrible workplace but just can't FIRE

You're delaying the inevitable. You'll eventually retire and have to find something to fill you time. Why not do that tomorrow? Alternatively can you cut back on hours, I think the mad fientists wife works in healthcare and was able to go part time. I'm at megacorp, and its all or nothing with respe...
by Cycle
Fri Feb 09, 2018 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Piggyback Mortgage
Replies: 15
Views: 910

Re: Piggyback Mortgage

+1 on Dave Ramsey book from library. I really can't stand the guy but his methods are effective... If you cherry pick the good stuff (ignore his product pushing).
by Cycle
Fri Feb 09, 2018 8:04 am
Forum: Personal Consumer Issues
Topic: Suggest coffee maker please
Replies: 110
Views: 6354

Re: Suggest coffee maker please

French press. Just add more beans if u want it darker. Always grind the beans at time of brewing. Clip on thermometer for pot, make sure water is 198f

Pour over and aero press also excellent options.
by Cycle
Thu Feb 08, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Piggyback Mortgage
Replies: 15
Views: 910

Re: Piggyback Mortgage

Seems like you spend a lot on housing. We have the same annual income and save $162k per year. Our unit cost us $150k and the other half of the duplex helps cover misc maintenance and repairs. We live in a blue collar neighborhood on a busy street. We sold our condo in an expensive neighborhood to o...
by Cycle
Thu Feb 08, 2018 11:14 pm
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 13195

Re: "The stock market is officially in a correction... here's what usually happens next"

The past is the best predictor of the past. I'm going to keep buying every Monday, as always.
by Cycle
Thu Feb 08, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1266115

Re: U.S. stocks in freefall

The drop is entirely my fault. I’ve been DCAing a large sum into stocks over the last year. I just moved the last chunk into the stock market last week. :oops: Another sample to add to the stats on why DCA works on our psyche but not for our final balance. Seems like the jury is against DCA, but it...
by Cycle
Thu Feb 08, 2018 3:23 pm
Forum: Investing - Theory, News & General
Topic: How to deal with regret
Replies: 87
Views: 7408

Re: How to deal with regret

I keep a list of times I was wrong or overvalued something. Some are financial, others career related. The cost of those mistakes is similar to paying for education. In the long run I think the mistakes will result in a net benefit, both financially and wrt free time, health and happiness
by Cycle
Thu Feb 08, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Financial Hole
Replies: 163
Views: 13402

Re: Financial Hole

This is a trolling thread. Is there not a job nearby, please... Selling the car and quitting smoking would resolve this issue.
by Cycle
Wed Feb 07, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Silly credit card rewards arbitrage opportunity
Replies: 8
Views: 1689

Re: Silly credit card rewards arbitrage opportunity

nisiprius wrote:
Wed Feb 07, 2018 8:38 am
... government officials who set it up were deluded into thinking that dollar coins were finally becoming popular and going into circulation.
The people of ecuador would have thanked you, the dollar coins are very common there and in use today.
by Cycle
Wed Feb 07, 2018 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Am I saving too much for retirement?
Replies: 105
Views: 12425

Re: Am I saving too much for retirment?

Do you know what the biggest contributor to savings rate is? Guess what, it's not buying things on sale or making your own coffee. It's not doing your own vehicle maintenance or cutting your own hair. It's not skipping international vacations. HOUSING, VEHICLES, DEBT SERVICE. Housing -> buying isn't...
by Cycle
Wed Feb 07, 2018 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 286
Views: 19576

Re: I bought a stock today - Redfin (RDFN)

Great another stock that is going to do great and I'm not going to buy. I remember costing out bitcoin mining rigs in 2010 but I was too conservative to invest the hundreds of dollars for a rig.
by Cycle
Wed Feb 07, 2018 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable vs 401k investments
Replies: 17
Views: 1093

Re: Taxable vs 401k investments

I'm planning on retirement in 10 years at 45. It's all about knowing your expenses inside and out. Become a minimalist. We save $162k a year and spend $45k a year. I anticipate that will go up to $100k spending per year with kids. I need to come up with another $2.5M in the next ten years. You need ...
by Cycle
Wed Feb 07, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: New car - how much can we afford?
Replies: 78
Views: 5616

Re: New car - how much can we afford?

What if it ends up being 20 years? 5 years seems awfully aggressive to me. It won't be 20 years, too much money at stake for car companies to be the first to market. Self driving cars won't be the most disruptive tech in the next 5 years, it will be adoption of augmented reality. Colocation will be...
by Cycle
Tue Feb 06, 2018 9:22 pm
Forum: Personal Consumer Issues
Topic: House renovation financing
Replies: 17
Views: 1205

Re: House renovation financing

I put 40k of a 100k rennovation on two 0% interest credit cards, then paid them off in the 11th month with proceeds from another sale. For the other 60k i just diverted money that would have gone into the taxable account. Still maxed out 401k,roth,hsa that year. I thought I was going to need a perso...
by Cycle
Tue Feb 06, 2018 9:14 pm
Forum: Personal Consumer Issues
Topic: New car - how much can we afford?
Replies: 78
Views: 5616

Re: New car - how much can we afford?

Only reason depreciation would matter is if you sell it, intentionally or otherwise. For example, wreck the car on day 2 and cry at what the insurance payout is :) Emergence of self-driving car fleets in 5-10 years may cause a lot of us to rethink personal car ownership. When 95% of city dwellers g...
by Cycle
Sun Feb 04, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: How to rebalance
Replies: 4
Views: 319

Re: How to rebalance

Typically re-balancing is automatically turned on, and will rebalance at an interval you specify. You'll need to go in and check your settings online or with customer service. Really? I edited, I thought TSP was just a 401k provider. There is a post explaining some of the intricacies of rebalancing...
by Cycle
Sun Feb 04, 2018 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Can I afford this home?
Replies: 25
Views: 1822

Re: Can I afford this home?

Are you FI at 3% SAWR? I generally view anything before that financial independence point as accumulation mode, and try to keep our costs low until we achieve that. For us, that means maximizing savings (161k/yr from 277k/yr income) through reducing costs (housing currently <10% of net worth... in L...