Search found 2964 matches

by 3CT_Paddler
Thu Feb 22, 2018 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Looking into Hands Off Commercial Real Estate
Replies: 14
Views: 1300

Re: Looking into Hands Off Commercial Real Estate

In general this board is more conservative towards real estate for a host of reasons. It's not passive, and its relatively undiversified. I don't see anything wrong with putting some portion of your assets in commercial real estate, but the approaches you mentioned are not the direction I would reco...
by 3CT_Paddler
Tue Feb 20, 2018 10:58 am
Forum: Investing - Theory, News & General
Topic: Staying Motivated: How do you ward off hopelessness?
Replies: 53
Views: 6059

Re: Staying Motivated: How do you ward off hopelessness?

I couple of related thoughts...

The beggar and the billionaire will take an equal share of their wealth with them.

Comparison is the thief of joy.
by 3CT_Paddler
Thu Feb 15, 2018 4:10 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 133
Views: 9555

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

It's amazing the difference several years makes... this thread would have been a ghost town in 2008-2010. There is nothing big we are saving up for. As a middle class single income family with two kids and one on the way, just trying to save a little and keep everything running is the goal these days.
by 3CT_Paddler
Thu Feb 15, 2018 10:26 am
Forum: Investing - Theory, News & General
Topic: How Inflation Works (NYT)
Replies: 21
Views: 2185

Re: How Inflation Works (NYT)

I'd also add that economists are divided on how the Fed should respond to an uptick in inflation. Some would argue for higher interest rates, which tends to deflate asset prices and reduce aggregate demand. Others argue that higher interest rates will actually cause higher inflation. In other words...
by 3CT_Paddler
Thu Feb 15, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: How Inflation Works (NYT)
Replies: 21
Views: 2185

Re: How Inflation Works (NYT)

I'd also add that economists are divided on how the Fed should respond to an uptick in inflation. Some would argue for higher interest rates, which tends to deflate asset prices and reduce aggregate demand. Others argue that higher interest rates will actually cause higher inflation. In other words...
by 3CT_Paddler
Wed Feb 14, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: What's the most "interesting" job in corporate finance?
Replies: 30
Views: 3323

Re: What's the most "interesting" job in corporate finance?

MikeG's advice applies to just about any line of work... well stated Mike.
by 3CT_Paddler
Wed Feb 14, 2018 6:40 am
Forum: Personal Consumer Issues
Topic: Help me help my niece (College costs, financial aid, etc)
Replies: 41
Views: 2530

Re: Help me help my niece (College costs, financial aid, etc)

livesoft wrote:
Tue Feb 13, 2018 9:32 pm
What about architecture or building design? My daughter was decent in art and had her artwork win competitions. She became an engineer.
+1. Architecture (or Landscape Architecture) would be a great major to look at as a way to have an avenue for artistic expression, but still pay the bills.
by 3CT_Paddler
Tue Feb 13, 2018 1:11 pm
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6626

Re: I think US interest rates could drop.

I don't think the Fed wants to be stuck at a zero interest rate or right at it when the next crisis hits. I would expect them to continue to push for rate increases until the next crisis hits. Trying to understand the correlation. Doesn't that push for rate increases encourage the next crisis? j :D...
by 3CT_Paddler
Tue Feb 13, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6626

Re: I think US interest rates could drop.

I don't think the Fed wants to be stuck at a zero interest rate or right at it when the next crisis hits. I would expect them to continue to push for rate increases until the next crisis hits. Trying to understand the correlation. Doesn't that push for rate increases encourage the next crisis? j :D...
by 3CT_Paddler
Tue Feb 13, 2018 10:58 am
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 128
Views: 10485

Re: What if you only live off dividends?

I don't think its the worst idea in the world, and its an approach that was more commonly used 30 years ago when yields were higher and dividends were more common. You could try to set up your portfolio so that you mostly hold higher yielding dividend stocks. People used that argument at one time to...
by 3CT_Paddler
Mon Feb 12, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6626

Re: I think US interest rates could drop.

I don't think the Fed wants to be stuck at a zero interest rate or right at it when the next crisis hits. I would expect them to continue to push for rate increases until the next crisis hits.
by 3CT_Paddler
Fri Feb 09, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Can the real estate market crash if there's no inventory?
Replies: 15
Views: 1269

Re: Can the real estate market crash if there's no inventory?

Just a general question. With many more buyers looking, rents rising, and less sellers can a real estate market decline considerably? In my market there's a major housing shortage. I see a lot of overpriced junk, reminiscent of 2005. However now buyers are everywhere. People have to find a place to...
by 3CT_Paddler
Wed Feb 07, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: Stealing from the kids for our retirement [High valuations => depressed future returns expectations]
Replies: 54
Views: 5319

Re: Stealing from the kids for our retirement [High valuations => depressed future returns expectations]

It is pretty obvious that an investor today should expect a lower 10-year return today than in 2010 because prices and earnings matter. During good times, investors have a rosy view of expected growth and have the extra capital to bid up prices higher. If you have a $1 million balance in stocks toda...
by 3CT_Paddler
Wed Feb 07, 2018 9:43 am
Forum: Investing - Theory, News & General
Topic: Stealing from the kids for our retirement [High valuations => depressed future returns expectations]
Replies: 54
Views: 5319

Re: Stealing from the kids for our retirement

It's true that today's great returns feed tomorrow's disappointment. Reality is that at some point in the next several years there will likely be a correction. And the accumulators will be in prime position to earn great future returns, while those who have accumulated significant stock assets will ...
by 3CT_Paddler
Mon Feb 05, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: New car - how much can we afford?
Replies: 78
Views: 5607

Re: New car - how much can we afford?

With one child any modern sedan works fine. No need for an SUV unless you just want an SUV. It sounds like you are into driving a nicer car... I would look at a 3-5 year old Acura, Lexus or Kia Optima. Just doing a quick search on AutoTrader.com I see a 2014 Acura TL with 40k miles for $20k in my ar...
by 3CT_Paddler
Wed Jan 31, 2018 4:47 pm
Forum: Personal Consumer Issues
Topic: New or used vehicle for new graduate with job?
Replies: 31
Views: 1356

Re: New or used vehicle for new graduate with job?

Civil Engineer here... Why does he need a new car? The first couple of years of employment I drove an old Honda Accord. I later upgraded to an old Infiniti QX. I now drive... an older Honda Accord. If you want to buy him something or contribute towards a car that is great, but a newer car is not nee...
by 3CT_Paddler
Wed Jan 31, 2018 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Doubling of Standard Deduction--Really??
Replies: 56
Views: 7032

Re: Doubling of Standard Deduction--Really??

Not missing anything, but it's not as beneficial as you'd imagine. Married + 1 Kid is $24,150 for 2017 due to the exception allowance. No exception allowance and we're back in the same place with the negative of having to overcome double the standard deduction before itemizing kicks in. How is it a...
by 3CT_Paddler
Tue Jan 30, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: When did the bad news start in 2008?
Replies: 135
Views: 12675

Re: When did the bad news start in 2008?

The tough question was not necessarily when to get out, but when to get back in. Three years after the Great Recession (2011) the common used phrase was The New Normal... as in sluggish growth and high unemployment with low returns are the new normal for the foreseeable future. The general consensu...
by 3CT_Paddler
Tue Jan 30, 2018 11:22 am
Forum: Investing - Theory, News & General
Topic: American saving rate
Replies: 28
Views: 4943

Re: American saving rate

https://slate.com/business/2018/01/americans-arent-saving-any-money.html?via=recirc_recent Interesting data point, not sure how to factor it into current thinking about the state of the economy and likelihood of a recession in the near future. Any thoughts? One thing we can say with certainty is th...
by 3CT_Paddler
Sun Jan 28, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: How much have kids added to your personal finance/expenses?
Replies: 111
Views: 8227

Re: How much have kids added to your personal finance/expenses?

I'm starting to get serious someone and talking about kids. We've seen other kids in the area and I'm wondering (I realize it may not be directly quantifiable), but how much do kids factor into your expenses? Is it something like whatever your/my annual expenses are today + $10,000 per kid and easy...
by 3CT_Paddler
Sun Jan 28, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: Career "advice" for someone without college
Replies: 39
Views: 1948

Re: Career "advice" for someone without college

What about plumbing? I know plumbers (and not just business owners) who do better than many college educated workers if you are willing to work some overtime.
by 3CT_Paddler
Sun Jan 28, 2018 4:17 pm
Forum: Personal Consumer Issues
Topic: Career "advice" for someone without college
Replies: 39
Views: 1948

Re: Career "advice" for someone without college

If I had to pick fast food , I'd go with Chick-fil-A . It won't fit everyone , but for 10k franchise fee, operators average over 100k /yr salary . And stores are closed every Sunday . Great suggestion... Problem is it's a tough weeding out process. I know some very capable, outgoing, well educated ...
by 3CT_Paddler
Thu Jan 25, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Almost 34 years old... Looking for Career Ideas with realistic High Earning Potential
Replies: 31
Views: 3135

Re: Almost 34 years old... Looking for Career Ideas with realistic High Earning Potential

If you were doing the same thing, but working for yourself, do you think you would feel the same way? What parts of your job do you love the most? There is a great Ted talk where they talk about the do what you love philosophy for a career path. Mike Rowe from Dirty Jobs makes the case that do what ...
by 3CT_Paddler
Tue Jan 23, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 118
Views: 8817

Re: Working in the real world

Comparison is the thief of joy. Some posters on here might embellish or lie about their income, but I think most posters are here because they are doing much better than the average American and have money to invest. I felt the way you did in my late 20s. A couple of moves for a better job situation...
by 3CT_Paddler
Mon Jan 22, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Should I buy a business or suck it up at a job(s) with a pension.
Replies: 82
Views: 5944

Re: Should I buy a business or suck it up at a job(s) with a pension.

No need to pile on, but all of the advice you have received on here is spot on. If you add the income and benefits you are currently receiving your combined income is above $230-250k for working two public sector jobs. Very few small business owners make that kind of money. Much of the wealth you se...
by 3CT_Paddler
Sun Jan 07, 2018 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: protecting future inheritance
Replies: 31
Views: 2950

Re: protecting future inheritance

He is an adult... I wouldn't worry about something that isn't in your control. Trying to control the situation will only alienate you from your father. Be there for your mom and dad to emotionally support them.

If you had a child would you want them telling you how to spend your hard earned savings?
by 3CT_Paddler
Fri Jan 05, 2018 12:12 pm
Forum: Personal Consumer Issues
Topic: Sling TV experiences
Replies: 33
Views: 2827

Re: Sling TV experiences

We have enjoyed it. The biggest drawback would be no DVR, but overall I would recommend it. With no contract, it's relatively risk free to give it a try. With the Roku we have Sling, Netflix and Amazon Prime TV on one device and it's pretty seamless.
by 3CT_Paddler
Sun Dec 31, 2017 11:15 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 392
Views: 43465

Re: Netflix, Your Current Favorite Show

Narcos was entertaining, but didn't make it through Season 1. Stranger Things was binge worthy. Heard good things about Ozarks. The story behind Icarus is incredible... The story is so unbelievable it didn't seem real. If you have any interest in the Olympics or sports in general it's a must watch d...
by 3CT_Paddler
Sun Dec 31, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $600-650k house?
Replies: 60
Views: 6965

Re: Can I afford a $600-650k house?

You could technically afford it, but it's risky on many levels. What happens if you do decide to have kids 3-5 years down the road? Keep saving and improving your income. I would wait to pull the trigger until you can afford it on one income. Do not let the feeling of being left out of house appreci...
by 3CT_Paddler
Tue Dec 26, 2017 6:23 am
Forum: Investing - Theory, News & General
Topic: Are Bitcoins really limited?
Replies: 10
Views: 1591

Re: Are Bitcoins really limited?

Currently the number of Bitcoin are limited, but as you astutely pointed out there is no limit to the number of competing crypto currencies that can be created out of thin air. Bitcoin may benefit from being the original crypto currency, but if an alternative captures 50% or more of the market, Bitc...
by 3CT_Paddler
Sun Dec 24, 2017 2:26 pm
Forum: Investing - Theory, News & General
Topic: Not investing through your 30's
Replies: 60
Views: 5767

Re: Not investing through your 30's

I always find it odd that the two choices presented are to live like a miser or travel the world on expensive vacations. Some of the best vacations I have been on were not the most expensive or exotic or distant. They included people I cared about. There is adventure and a life worth living to be ha...
by 3CT_Paddler
Tue Dec 19, 2017 11:19 pm
Forum: Investing - Theory, News & General
Topic: Best 401k Employer Match Structure
Replies: 115
Views: 9540

Re: Best 401k Employer Match Structure

Previous employer matched 8% on the first 4%, and an additional 8% in profit sharing. It was pretty spectacular, and sorely missed. I don't miss the long hours that made it possible.
by 3CT_Paddler
Tue Dec 19, 2017 2:29 pm
Forum: Personal Consumer Issues
Topic: Which cell phone to buy--need good camera?
Replies: 32
Views: 2397

Re: Which cell phone to buy--need good camera?

Recently purchased the Moto G5+ from Best Buy for $200 (no contract). It's been great so far... switched from an older iPhone. The iOS ecosystem is much better overall for being plug and play, but I wanted to tinker with an Android and I didn't want to spend $1k on a phone. I had some kind of weird ...
by 3CT_Paddler
Mon Dec 18, 2017 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Investing in a startup business?
Replies: 14
Views: 857

Re: Investing in a startup business?

Based on the information given it is not an attractive deal. I would run from the deal unless there is some really compelling element to this you haven't given (high value asset or a really good moat that keeps you insulated from competition with high growth potential). A good way to evaluate the de...
by 3CT_Paddler
Thu Dec 14, 2017 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Recently Sold Business....starting another...need advice.
Replies: 3
Views: 582

Re: Recently Sold Business....starting another...need advice.

If you would feel more comfortable with an advisor, there are good financial advisors out there that charge much lower fees (0.3-0.5% AUM) and help you invest in index funds in a tax efficient manner. It's something you can manage yourself, but in some cases it is helpful to have an outside adviser ...
by 3CT_Paddler
Thu Dec 07, 2017 10:21 am
Forum: Personal Consumer Issues
Topic: Firefox upgrade broke my add-on, switched to Waterfox
Replies: 28
Views: 3845

Re: Firefox upgrade broke my add-on, switched to Waterfox

Just wanted to add that the latest version of Firefox (Quantum) is supposed to be a significant performance upgrade as much of the browser has been rewritten in a newer language (Rust from C++). For most users, you probably won't notice the difference right away. Obviously plugins will take some tim...
by 3CT_Paddler
Tue Dec 05, 2017 12:57 pm
Forum: Personal Consumer Issues
Topic: Running Linux vs Other OS?
Replies: 33
Views: 1746

Re: Running Linux vs Other OS?

I wonder what the most Bogleheads OS is... Linux has a low expense ratio, but it is not simple. Windows smacks of active management, and I guess macOS does too. In the end I use macOS because I like the apps. I co-wrote my own Linux distribution with some of my friends. I believe that counts as act...
by 3CT_Paddler
Mon Nov 27, 2017 10:20 am
Forum: Personal Consumer Issues
Topic: Kreg jig
Replies: 24
Views: 2184

Re: Kreg jig

It's a great tool... depending on the use, mortise and tenon might be a more ideal joint, but I wouldn't hesitate to use the Kreg jig.
by 3CT_Paddler
Sat Nov 25, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Discovered debt
Replies: 63
Views: 8011

Re: Discovered debt

I think the spouse needs a level of contriteness on his part in order to move forward together... does he own up to the significance of his poor choices? He needs to find a job working for someone else, and he needs to work that job until he pays off the debt. The wife probably needs to go ahead and...
by 3CT_Paddler
Wed Nov 22, 2017 2:34 am
Forum: Personal Finance (Not Investing)
Topic: Help DW gets fired, but then next day her boss offers her job back
Replies: 156
Views: 13038

Re: Help DW gets fired, but then next day her boss offers her job back

Don't take the pay cut - you don't need the job to make ends meet, and frankly it's an insult to any good employee to accept that in this economy. Either way start looking for a new job immediately.
by 3CT_Paddler
Thu Nov 16, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin: Significance of 12 transactions per second?
Replies: 28
Views: 3541

Re: Bitcoin: Significance of 12 transactions per second?

I think its safe to say that any Bitcoin assets he would have owned would also have been forfeited if the Saudi state had any records of Bitcoin purchases from bank transactions. That's not possible. That's the whole point of Bitcoin. If you have the bank records you have proof/evidence of transfer...
by 3CT_Paddler
Wed Nov 15, 2017 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin: Significance of 12 transactions per second?
Replies: 28
Views: 3541

Re: Bitcoin: Significance of 12 transactions per second?

How about "it is showing all the characteristics of an asset bubble?" The area is very speculative, but bubbles usually involve wide participation and high market caps. Cryptocurrencies are still very clunky to use, limiting the field to enthusiasts right now. The entire cryptocurrency space only h...
by 3CT_Paddler
Tue Nov 14, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Borrowing from parents - what interest rate?
Replies: 52
Views: 4043

Re: Borrowing from parents - what interest rate?

It's called an Intra-Family Mortgage. There are several threads on it - see https://www.google.com/search?sitesearch=bogleheads.org&q=intra+family+mortgage . A good link on the minimum interest rate for intra-family loans that meet federal requirements and tax consequences for both parties is here -...
by 3CT_Paddler
Wed Oct 25, 2017 9:20 am
Forum: Investing - Theory, News & General
Topic: Why A NFL Football Player Drives A 26 Year Old Car
Replies: 10
Views: 2478

Re: Why A NFL Football Player Drives A 26 Year Old Car

Great story, and motivates me to keep driving that old Accord.

With the high percentage of players that are bankrupt within 5 years of leaving the league, it would be nice if the league required a minimum portion of all player salaries to be annuitized (30%?).
by 3CT_Paddler
Thu Oct 19, 2017 8:05 am
Forum: Investing - Theory, News & General
Topic: The overselling of international diversification
Replies: 56
Views: 5507

Re: The overselling of international diversification

Several years ago this board was predominantly in support of a global cap-weighted portfolio (after some really good years for international) with many posters strongly advocating that global cap weighting is the only way to go. Now it's almost a 180 here as far as vocal support for a US only equity...
by 3CT_Paddler
Fri Oct 06, 2017 8:30 am
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 57
Views: 5021

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 ar...
by 3CT_Paddler
Thu Oct 05, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: How much worth house should one buy?
Replies: 73
Views: 4802

Re: How much worth house should one buy?

The number should definitely be less than the bank will loan you.

Dave Ramsey has a good rule of thumb... PITI less than 25% of your net pay (post-tax).
by 3CT_Paddler
Fri Sep 29, 2017 11:12 am
Forum: Investing - Theory, News & General
Topic: Which is better a Cryptocurrency or Gold?
Replies: 99
Views: 7341

Re: Which is better a Cryptocurrency or Gold?

In a true disaster scenario in the US (think nuclear war or total economic meltdown) would you rather be holding on to something that depends on access with the outside world and technology or something that people see as intrinsically valuable and rare? Guns, ammo, food supplies and water are your...
by 3CT_Paddler
Fri Sep 29, 2017 8:06 am
Forum: Investing - Theory, News & General
Topic: Which is better a Cryptocurrency or Gold?
Replies: 99
Views: 7341

Re: Which is better a Cryptocurrency or Gold?

In a true disaster scenario in the US (think nuclear war or total economic meltdown) would you rather be holding on to something that depends on access with the outside world and technology or something that people see as intrinsically valuable and rare? Guns, ammo, food supplies and water are your...