Search found 3102 matches

by 3CT_Paddler
Mon Jul 27, 2020 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: How Much House Can I Afford - Tough Question
Replies: 12
Views: 1709

Re: How Much House Can I Afford - Tough Question

If your income is close to equal and kids are a possibility, I would continue to rent.
by 3CT_Paddler
Tue Jun 30, 2020 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Hopeless Civil Engineer
Replies: 155
Views: 14186

Re: Hopeless Civil Engineer

I come bearing hope as a previously hopeless civil engineer. About 8 years into my career I was a civil PE in water resources making $67k and wanted to make a career change... this was all within the last decade. I made a company change and my salary increased 20%. Two years later I made a move for ...
by 3CT_Paddler
Tue Jun 09, 2020 1:46 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey mentioned bogleheads today
Replies: 142
Views: 9983

Re: Dave Ramsey mentioned bogleheads today

I don't agree with Ramsey on investing, but he does more for getting the uneducated investor on the right path than Bogleheads does. Just think about how much more he could do for the "uneducated investor" if only he were intellectually honest about his investing advice. It would be fantastic and I...
by 3CT_Paddler
Tue Jun 09, 2020 12:57 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey mentioned bogleheads today
Replies: 142
Views: 9983

Re: Dave Ramsey mentioned bogleheads today

It is quite fascinating to watch the Dave Ramsey defenders come into these threads and shout his virtues from the mountaintop about helping "train wrecks" of people who don't have the aptitude to understand basic personal finance, and then ignore the intellectual problems with his obvious monetizat...
by 3CT_Paddler
Thu Jun 04, 2020 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1600

Re: Hourly rates with a Vendor/Contract type work

Edit: I saw the OP's reply to another post so I wanted to clarify - the above numbers are 1099 pass through rates, no benefits. Any benefits would be taken out ON TOP OF the vendor cuts mentioned. W2 versus 1099 doesn't really matter, just calculate how much the vendor has to pay on your behalf for...
by 3CT_Paddler
Wed Jun 03, 2020 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's expectations of subsidizing her friends' lives
Replies: 82
Views: 4522

Re: Wife's expectations of subsidizing her friends' lives

There are always two sides of the story.

To what extent have you enabled this attitude towards money? Does she understand your joint long term goals? What are you saving per month? What is your monthly income? How long have you been married?
by 3CT_Paddler
Fri May 29, 2020 7:40 am
Forum: Personal Consumer Issues
Topic: Carolina/Virginia Summer Vacation
Replies: 56
Views: 3032

Re: Carolina/Virginia Summer Vacation

If you are going to be in the Shenandoah area, I would take a look at the Sandbridge area around Virginia Beach. It's more secluded than the main Virginia Beach touristy areas, but you are not too far from the more populated areas. I lived in Virginia Beach for a couple years and have been to the Ou...
by 3CT_Paddler
Sat May 23, 2020 10:30 am
Forum: Personal Consumer Issues
Topic: What to look for when buying a table saw?
Replies: 53
Views: 2849

Re: What to look for when buying a table saw?

Another word of advice... aim small miss small when constructing cabinets. Get a good quality tape measure that has metric (mm) and US units. Sawstops are a good investment in safety. The Sawstop inventor originally tried to sell it to table saw manufacturers, but none of them wanted anything to do ...
by 3CT_Paddler
Fri May 01, 2020 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Who owns the IP - School or Me?
Replies: 23
Views: 2588

Re: Who owns the IP - School or Me?

Perhaps I'm confused on terminology. I'm an engineer going to engineering school. I am developing engineering products that may result in patentable technologies, and don't want my final reports distributed to other classmates or within the school. What I'm doing at school is learning about technol...
by 3CT_Paddler
Mon Apr 20, 2020 12:03 pm
Forum: Investing - Theory, News & General
Topic: Deflation is everywhere. Get used to it.
Replies: 151
Views: 15089

Re: Deflation is everywhere. Get used to it.

"From a macroeconomics standpoint, the market has risen, but much of this was due to the corporate tax cuts and the buybacks, as mentioned above. How much that has actually benefited the average investor, especially those that haven't sold anything, may not see those great gains. Despite all of the...
by 3CT_Paddler
Sun Apr 12, 2020 10:16 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 75855

Re: I have COVID-19. Some thoughts.

I wish that this were more powerfully broadcast to the public. Business and political interests would like everyone to assume that immunity is guaranteed. My kids and their friends feel that they are safe for the future (having had mild symptoms but no testing). I can only hope that they’re right. ...
by 3CT_Paddler
Sun Apr 12, 2020 6:12 pm
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in China funds?
Replies: 70
Views: 3820

Re: Why does anyone invest in China funds?

Public enemy no 1 seems to oscillate between China & Russia. I am most enthusiastic about India; unlikely to get on the wrong side of NATO, Indo-European so in a sense culturally less distant than China. Great point about India, if democracy was such a bedrock of successful capital markets, why is ...
by 3CT_Paddler
Sun Apr 12, 2020 3:33 pm
Forum: Personal Investments
Topic: Ponzi Scheme?
Replies: 215
Views: 17881

Re: Ponzi Scheme?

Update: Alright so I sat down with both parents, one who had misgivings about this since the beginning and the other who made the investments. And I learned a bit more information: 1) This is WAYYY bigger than I thought it was. This is not operating on a local level, or even a state level. This is ...
by 3CT_Paddler
Fri Apr 10, 2020 10:44 am
Forum: Investing - Theory, News & General
Topic: We are in a full-blown Depression
Replies: 95
Views: 8181

Re: We are in a full-blown Depression

We are not in a full blown Depression. We might get there if we continue the lockdown into mid-June. One thing to note is that there are a couple legitimate studies claiming that in many places across the developed world, the number of cases is approximately 10 to 100 times our current estimates. I...
by 3CT_Paddler
Fri Apr 10, 2020 7:42 am
Forum: Investing - Theory, News & General
Topic: We are in a full-blown Depression
Replies: 95
Views: 8181

Re: We are in a full-blown Depression

We are not in a full blown Depression. We might get there if we continue the lockdown into mid-June. One thing to note is that there are a couple legitimate studies claiming that in many places across the developed world, the number of cases is approximately 10 to 100 times our current estimates. If...
by 3CT_Paddler
Sun Apr 05, 2020 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: College choice dilemma
Replies: 167
Views: 8029

Re: College choice dilemma

For me it really depends on where the child will really thrive. A mediocre-to-bad student at Princeton will be a top student at Vandy. It is generally better to be a top student at Vandy than a bottom student at Princeton. There are exceptions; I know one person who was happy to be one of the "wors...
by 3CT_Paddler
Tue Mar 31, 2020 11:08 am
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 108
Views: 8916

Re: Did you move for better weather? Did you regret it?

If you are looking on the East Coast, I think the area around the eastern Tennessee/western NC border is awesome. All four seasons with great hiking and it doesn't get too hot in the mountains. Asheville is overcrowded/expensive, but the surrounding towns are much more affordable with some nice litt...
by 3CT_Paddler
Tue Mar 03, 2020 9:21 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 195828

Re: Bogleheads community discussion - Coronavirus

"there is no evidence that this virus has seasonal component. " Of course there is. We have a virus season for many good reasons. They peak in February...sh. Oh, wait, it was February a few days ago, and they decrease in April and May, because... In the northern hemisphere, we have winter during th...
by 3CT_Paddler
Mon Mar 02, 2020 11:01 am
Forum: Personal Consumer Issues
Topic: Postponed travel due to Corona Virus. Am I am overreacting ?
Replies: 232
Views: 24263

Re: Postponed travel due to Corona Virus. Am I am overreacting ?

Nobody knows the denominator. Anyone who tells you the fatality rate is making stuff up They are not "making stuff up". They might be working with incomplete data, but that is all you can do. The Diamond Princess cruise ship is a case where we know exactly how many of the 3,700 have been infected (...
by 3CT_Paddler
Sun Mar 01, 2020 5:23 pm
Forum: Personal Consumer Issues
Topic: Postponed travel due to Corona Virus. Am I am overreacting ?
Replies: 232
Views: 24263

Re: Postponed travel due to Corona Virus. Am I am overreacting ?

Nobody knows the denominator. Anyone who tells you the fatality rate is making stuff up They are not "making stuff up". They might be working with incomplete data, but that is all you can do. The Diamond Princess cruise ship is a case where we know exactly how many of the 3,700 have been infected (...
by 3CT_Paddler
Sun Mar 01, 2020 5:11 pm
Forum: Personal Consumer Issues
Topic: Postponed travel due to Corona Virus. Am I am overreacting ?
Replies: 232
Views: 24263

Re: Postponed travel due to Corona Virus. Am I am overreacting ?

Recheck your facts. Spanish flu had a mortality rate of 15-30%. It is estimated that 3% of the global population died. That is not the mortality rate! https://virus.stanford.edu/uda/ You might want to recheck your facts. According to this Stanford write up on the Spanish Flu the mortality rate of t...
by 3CT_Paddler
Sun Mar 01, 2020 2:10 pm
Forum: Personal Consumer Issues
Topic: Postponed travel due to Corona Virus. Am I am overreacting ?
Replies: 232
Views: 24263

Re: Postponed travel due to Corona Virus. Am I am overreacting ?

4) Even if you lived in Wuhan China, you'd be about as likely to die from the regular seasonal flu as Corona virus. Based on what statistics? China's admittedly flawed statistics say that there were only 144 deaths from the flu last year. On the flip side, there is some reason to believe that the U...
by 3CT_Paddler
Sun Mar 01, 2020 1:57 pm
Forum: Personal Consumer Issues
Topic: Postponed travel due to Corona Virus. Am I am overreacting ?
Replies: 232
Views: 24263

Re: Postponed travel due to Corona Virus. Am I am overreacting ?

Nobody knows the denominator. Anyone who tells you the fatality rate is making stuff up They are not "making stuff up". They might be working with incomplete data, but that is all you can do. The Diamond Princess cruise ship is a case where we know exactly how many of the 3,700 have been infected (...
by 3CT_Paddler
Thu Feb 27, 2020 9:22 am
Forum: Investing - Theory, News & General
Topic: Article by the founder of Intuit and Personal Capital: Bitcoin is a scam
Replies: 23
Views: 2276

Re: Article by the founder of Intuit and Personal Capital: Bitcoin is a scam

I wouldn't say it is a scam. It is only as valuable as the community who participates in it agrees it has value. What bothers me about Bitcoin is this... there is no limit to the number of clones out there that can replicate or do something similar. Only being the first in the game and the creation ...
by 3CT_Paddler
Sun Feb 02, 2020 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 44110

Re: Engineers - What are you making? ($$$)

This thread has me like :shock: Is there a high barrier to entry into the SWE field? I assume BS in CS ? Also are there crazy incomes in other engineering fields; Petroleum, electrical, biomedical, aerospace, or is this specific to SWE? Thanks.. Those high SWE salaries are mostly concentrated in Ca...
by 3CT_Paddler
Fri Jan 31, 2020 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter's Boston Job Offer
Replies: 115
Views: 9731

Re: Daughter's Boston Job Offer

It seems like a fair offer. We are starting Civils in that range. Don’t expect a fair cost of living adjustment for new hires in Boston, New York, DC, San Francisco for most engineers outside of computer science grads. As others mentioned, the type of job and experience she will get matters much more.
by 3CT_Paddler
Fri Jan 24, 2020 10:50 am
Forum: Personal Finance (Not Investing)
Topic: I am not very good at my job
Replies: 48
Views: 8015

Re: I am not very good at my job

I’m having difficulties finishing tasks, taking way long to finish things than my teammates. I’ve been getting overwhelmed with my to do list and it causes me to be unfocused and even lazy throughout the day. Feels like some days I get one good hour out of 8, or less. And I’ve been pulling back soc...
by 3CT_Paddler
Wed Jan 22, 2020 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Advice on moving to Pennsylvania
Replies: 53
Views: 4427

Re: Advice on moving to Pennsylvania

We lived in York, PA for a couple years and loved the area. Made a migration from Atlanta to Virginia Beach to York and now back to Atlanta. Ironically Atlanta is my least favorite of all three places and I grew up in the South. People are more reserved in PA relative to the South, but I met a lot o...
by 3CT_Paddler
Thu Jan 16, 2020 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 44110

Re: Engineers - What are you making?

Civil Engineer. 14 years. MCOL. $130k. Standard 401k match, relatively cheap healthcare.

40-50 hr work weeks with 40-45 hrs being typical.

Typically civil is one of the lower paying engineering professions out of school, but it seems to catch up after 10 years.
by 3CT_Paddler
Sun Dec 22, 2019 11:05 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 896
Views: 150625

Re: High Earners - What's Your Profession?

Another construction guy here. I see numerous people making six figures in the non union plumbing trades. There are also plenty of 7 figure incomes, including myself in the trades. who would have thought? Not as many blue collar workers on here as i would have thought either. Part of the reason is ...
by 3CT_Paddler
Sat Dec 21, 2019 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Taking over a Business
Replies: 11
Views: 919

Re: Taking over a Business

Before I start I just wanted to say that we will be talking to a CPA/Lawyer about this but I wanted to get the thoughts and the opinion of Bogleheads. I have a friend who owns a S Corp LLC. My friend will be unable to own/operate this business going forward due to a conflict of interest (not releva...
by 3CT_Paddler
Thu Dec 19, 2019 9:10 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 896
Views: 150625

Re: High Earners - What's Your Profession?

Curious, what kind of hours are the engineers (electric / aerospace / civil / etc...) and software engineers earning >$250k pulling? Are you working banker hours (M-F 9-5) or are you slaving 80hr+ weeks to earn that kind of pay? How is your lifestyle in terms of making it to your kids events, spend...
by 3CT_Paddler
Thu Dec 12, 2019 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: How to turn a job offer into a consulting arrangement?
Replies: 10
Views: 1322

Re: How to turn a job offer into a consulting arrangement?

It is recruiting season and I've been getting more messages than usual from headhunters. The problem is that companies are recruiting me for a specific role, but I view the role as a project that takes about two years to complete. Initially, you need someone to build the organization from scratch (...
by 3CT_Paddler
Thu Dec 12, 2019 12:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7463
Views: 607165

Re: U.S. stocks continue to soar!

What happened to the recession we were told we were going to have in 2019? Looking at GDP and jobs I am not sure what’s going on. Did it get postponed? Cancelled? I must have lost the memo. What about the bear market, falling knives, the death cross, dead cat bounces, crashes and the like? If all t...
by 3CT_Paddler
Mon Nov 25, 2019 8:12 am
Forum: Personal Investments
Topic: High Earning Millennial (Not Rich Yet):Need Advice on Real Estate Hold or Sell
Replies: 11
Views: 2403

Re: High Earning Millennial (Not Rich Yet):Need Advice on Real Estate Hold or Sell

You mention 50% chance of being relocated back....but what are the chances you stay long term in the new area? If you're just going to move again (not necessarily to where you are now), then I'd say rent your current place in case you return, and then rent in the new place as opposed to buying. If ...
by 3CT_Paddler
Wed Nov 20, 2019 9:35 pm
Forum: Investing - Theory, News & General
Topic: What Powered Such a Great Decade For Stocks?
Replies: 36
Views: 3921

Re: What Powered Such a Great Decade For Stocks?

Their markets have fewer tech growth stocks and more banks and financials. The low rates and QE didn't help the latter, but made the former more desireable. So I'll stick with TINA as a thesis despite international underperformance. QE is specifically setup to benefit banks and financials, so I don...
by 3CT_Paddler
Tue Sep 03, 2019 12:10 pm
Forum: Investing - Theory, News & General
Topic: Does having children hurt net worth?
Replies: 47
Views: 2176

Re: Does having children hurt net worth?

Bogle's thoughts from Don't Count on It is relevant to this discussion... I disagree, and align myself with Albert Einstein’s view: “ N ot everything that counts can be counted, and not everything that can be counted counts. ” Indeed, as you’ll hear again in another quotation I’ll cite at the conclu...
by 3CT_Paddler
Mon Sep 02, 2019 7:54 am
Forum: Personal Consumer Issues
Topic: Best college towns in the Southeastern US for retirees?
Replies: 80
Views: 9413

Re: Best college towns in the Southeastern US for retirees?

Charleston - College of Charleston
Athens - UGA
Winston-Salem - WFU
Raleigh/Durham - take your pick
Knoxville - UT

All are wonderful towns to retire in with great universities.
by 3CT_Paddler
Mon Aug 05, 2019 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Buy the house or continue to rent?
Replies: 39
Views: 3164

Re: Buy the house or continue to rent?

We have found a house that we both loved but it is priced a bit higher than we wanted. Purchase price is 720k, looking to buy with 30 year mortgage, 20% down. House is in a HCOL area near Seattle. Excellent neighborhood with best schools and 5 minute commute to our work. Everything below that price...
by 3CT_Paddler
Tue Jul 16, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 79
Views: 7338

Re: The Boglehead is anti-entrepreneur?

The Boglehead philosophy is not antithetical to entrepreneurship.

The Boglehead tribe as a group is not very entrepreneurial. The self selection bias is for those who have a 401k looking for advice. That is going to be mostly people working salaried positions for corporations and institutions.
by 3CT_Paddler
Sun Jun 16, 2019 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice — asking for the “gray hair perspective”
Replies: 50
Views: 4617

Re: Career advice — asking for the “gray hair perspective”

You laid out an example where your firm charges a couple months of multiple lawyer's time to do the work, and you have it down to a week. That has to be on the order of $100,000 to $400,000 in savings. How often does a client need this service and how many clients are there for this type of work? An...
by 3CT_Paddler
Sat Jun 15, 2019 5:59 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 382
Views: 48903

Re: How Bad was 2008, really?

Reading through this interesting thread and realize I don’t have a good understanding of how this works. Say you are 100% invested in the total Stock Market Index and to keep it simple we are not contributing anymore to this fund and this is the only fund we have. Then 2008 or any big crash comes a...
by 3CT_Paddler
Sat Jun 15, 2019 5:55 am
Forum: Investing - Theory, News & General
Topic: [Deleted]
Replies: 128
Views: 8718

Re: What is wrong with AQR?

What you see is very similar returns and SD (B slightly better in both cases), but loadings for A are .6 on market beta and .16 on term. For B it's like .41 market beta, .31 on size, .26 on value, and importantly .23 on TERM (so much higher there, helping to pull in tails). So clearly with just lon...
by 3CT_Paddler
Mon Jun 10, 2019 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Which Engineering Discipline for the next 20+ years !!!
Replies: 168
Views: 19338

Re: Which Engineering Discipline for the next 20+ years !!!

Michigan is interesting? As I understand it, the Governor is trying to break the deadlock. Damaged suspension systems is a real thing for Michigan drivers - a real cost, and frequent enough to count as same. The US has a lot of infrastructure. Some of it is decaying - there was a big build-out in t...
by 3CT_Paddler
Mon Jun 10, 2019 5:36 am
Forum: Personal Finance (Not Investing)
Topic: Which Engineering Discipline for the next 20+ years !!!
Replies: 168
Views: 19338

Re: Which Engineering Discipline for the next 20+ years !!!

Civil Engineering, majoring in either Environmental or Structural. Not glamorous or the highest-paid, but with the USA's infrastructure decaying at an alarming rate, employment opportunities abound and the type of work to be done cannot be outsourced overseas. You won't be filthy stinking rich, but...
by 3CT_Paddler
Mon Jun 10, 2019 5:13 am
Forum: Personal Finance (Not Investing)
Topic: Which Engineering Discipline for the next 20+ years !!!
Replies: 168
Views: 19338

Re: Which Engineering Discipline for the next 20+ years !!!

One more thing. Convince him to become a good communicator, both written and verbal. If he is like many of us tech types, he will resist this. The most important discriminator between highly-successful and just-successful engineers, technical skills being a given, is communication skill. I know, co...
by 3CT_Paddler
Fri Jun 07, 2019 8:51 am
Forum: Personal Finance (Not Investing)
Topic: how to deal with people who are not living boglehead way of life
Replies: 45
Views: 3251

Re: how to deal with people who are not living boglehead way of life

I am 36, single guy and consider myself boglehead but i live around people who never heard about boglehead way of life. My question is, what you can you do to help when a person/people close you (family member, friends) keep making financial mistake one after another. Examples, people around me don...
by 3CT_Paddler
Fri May 24, 2019 6:17 am
Forum: Investing - Theory, News & General
Topic: just a general comment about "too conservative" investors here
Replies: 151
Views: 16771

Re: just a general comment about "too conservative" investors here

Well said VT! :sharebeer

I think MarketTimer's thread on here in 2008-2009 is an all time lesson that intelligence and strategy loses out to plain ole common sense in the long run. It's a must read for any poster who takes a leveraged position and hasn't been through 2008.
by 3CT_Paddler
Tue May 21, 2019 10:29 am
Forum: Personal Consumer Issues
Topic: Relocate to Charleston SC?
Replies: 57
Views: 6385

Re: Relocate to Charleston SC?

I grew up in Charleston, and still have family there. In hindsight I appreciate it more now that I have been away. Some of the locals have a certain pride or snootiness about being a true Charlestonian - while still being courteous to most strangers. In many fields there the job market is below aver...
by 3CT_Paddler
Sun May 19, 2019 7:12 pm
Forum: Investing - Theory, News & General
Topic: Dividends almost Doubled between 2013 and now
Replies: 96
Views: 8088

Re: Dividends almost Doubled between 2013 and now

It was hoped that this would spur massive increases in employment and capital goods spending but in practice it has mostly been spent on increasing dividends and corporate stock buybacks, giving money back to investors. Repatriation of foreign profits has now slowed now to a trickle. The sugar high...