Search found 5193 matches

by JBTX
Sat Aug 24, 2019 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: Manager is Interviewing Candidates (External) before Job is posted
Replies: 37
Views: 2965

Re: Manager is Interviewing Candidates (External) before Job is posted

Take legal action? Seriously? Maybe your attitude is a problem. I guess I just thought there were some labor laws or something. My bad. Most larger companies have internal policies requiring positions be posted. But that is to try to keep the process fair and transparent and avoid discrimination la...
by JBTX
Sat Aug 24, 2019 11:47 pm
Forum: Personal Consumer Issues
Topic: Bitten by a dog; owner took dog and ran away.
Replies: 10
Views: 1578

Re: Bitten by a dog; owner took dog and ran away.

Yesterday I was biking; a dog was unleashed and out of control, and bit me. The owner and some other people were trying to corral the dog. While I was making a phone call to a nurse, the dog's owner took the dog and drove away. The dog's owner is a young person who seems to be in trouble. The perso...
by JBTX
Sat Aug 24, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Grass is greener on the other side - Need inputs
Replies: 24
Views: 2467

Re: Grass is greener on the other side - Need inputs

I see a lot of experienced and knowledgeable people here, would like to ask for some guidance. Current situation: Net worth $1M IT professional in the BI & data analytics area. Last 12 years in same job - sr. Analyst (union job), make $112k in public sector. approx 2%/yr raises Job has pension (85%...
by JBTX
Sat Aug 24, 2019 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 177
Views: 12036

Re: White collars- How much is your work downtime?

I hate to say it, but is this a generational issue? I come from the part of the US where the Puritans instilled a work ethic into us. Sorry if this sounds condescending. If I were working for a place that let me float around doing nothing for more than half the day, I'd go crazy. IMO, definitely ge...
by JBTX
Sat Aug 24, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 177
Views: 12036

Re: White collars- How much is your work downtime?

I hate to say it, but is this a generational issue? I come from the part of the US where the Puritans instilled a work ethic into us. Sorry if this sounds condescending. If I were working for a place that let me float around doing nothing for more than half the day, I'd go crazy. IMO, definitely ge...
by JBTX
Sat Aug 24, 2019 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 177
Views: 12036

Re: White collars- How much is your work downtime?

This is a revealing and a "it's not just me" thread. Right now in a relatively new job, I can stay just about as busy as I want to. It's only been that way about the last 2 months. But for most of the last 20+ years I'd say 30% minimum to 70% max (accounting and finance). On one contract-consulting ...
by JBTX
Fri Aug 23, 2019 10:27 pm
Forum: Personal Consumer Issues
Topic: Lawn chemicals - any experts here?
Replies: 37
Views: 2022

Re: Lawn chemicals - any experts here?

Round-up/glyphosate works well for honeysuckle bush and the vines around here, so I use that. The recent court cases seem to be based on some pretty thin science, a jury isn't a peer review panel. Causation is hard to prove in any case. But if I'm not killing all plant life I'm not sure what to use...
by JBTX
Wed Aug 21, 2019 7:24 pm
Forum: Personal Consumer Issues
Topic: Quicken update headaches
Replies: 17
Views: 1093

Re: Quicken update headaches

I can’t offer any help because I got the same patch and it went off without a hitch. I would say that if you are manually putting in transactions when there are download options available, you are wasting a lot of your time. If it is a personal preference so be it, but I can’t imagine manually ente...
by JBTX
Wed Aug 21, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Life Advice: deciding what you want to do.
Replies: 49
Views: 4545

Re: Life Advice: deciding what you want to do.

Just ideas: - art therapist -ABA specialist. - graphic design Here is a thread discussing art as a career. https://www.bogleheads.org/forum/viewtopic.php?t=281030 Otherwise I'd just look at common careers, evaluate whether you are capable of being successful in it, and then whether you would be cont...
by JBTX
Tue Aug 20, 2019 9:59 pm
Forum: Investing - Theory, News & General
Topic: Total index funds are “crowded”
Replies: 26
Views: 3389

Re: Total index funds are “crowded”

Here's an example why this assertion is nonsense. Let's say you have a universe of 4 stocks, each with 4 shares, and 4 investors. Buy and hold investors. Universe 1: each of the 4 investors owns all 4 shares of 1 stock. Universe 2: each investor owns 1 share of each. So universe 2 is "crowded", but ...
by JBTX
Tue Aug 20, 2019 7:01 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1385
Views: 144285

Re: [What TV Show Have You Recently Watched?]

<snip> CBS all access: Good fight - I liked good wife, and this show generally follows the same theme. They are a bit too obsessed with the current political environment, and the show misses the "Alicia" character who kind of anchored it, but the legal issues are always interesting and often timely...
by JBTX
Tue Aug 20, 2019 9:38 am
Forum: Personal Consumer Issues
Topic: How to remove security system in new home?
Replies: 18
Views: 1047

Re: How to remove security system in new home?

Alarm systems are not hardwired to electricity. There is usually a control box, often in the basement, where the keypad's wires go to, a backup battery inside, and an adapter going to an AC outlet. It is important to determine the make and model of the alarm system, vs the company that installed it...
by JBTX
Tue Aug 20, 2019 9:34 am
Forum: Personal Consumer Issues
Topic: How to remove security system in new home?
Replies: 18
Views: 1047

Re: How to remove security system in new home?

We purchased a newish home and it has a Hawk security system installed in it. There's a panel, possibly a video doorbell, and every so often it makes noise. I called the company, and unsurprisingly, they could give me no instructions on how to remove it and just wanted to sign me up on an expensive...
by JBTX
Mon Aug 19, 2019 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Would You Refinance Under the Following Circumstances
Replies: 16
Views: 974

Re: Would You Refinance Under the Following Circumstances

3 years is about right. It wouldn't be at all unreasonable to do it. Caveats: - you may be able to beat 3.25 on a 15 - I refinanced two chase mortgages, the first took several months, and only after I pretended to cc Jamie Dimon on a email, and the second after about 2 months I bailed and went to qu...
by JBTX
Mon Aug 19, 2019 7:54 am
Forum: Investing - Theory, News & General
Topic: Why Zero (or Negative) Interest Rates Could Someday Make Sense
Replies: 92
Views: 6500

Re: Why Zero (or Negative) Interest Rates Could Someday Make Sense

So while it does make sense that life expectancy should have an impact on interest rates, I'm not convinced that that they have been the driving force in falling interest rates over the last 150+ years at least. You certainly could be right about the last 150 years. But it's the next 50-75 years th...
by JBTX
Sat Aug 17, 2019 7:26 pm
Forum: Investing - Theory, News & General
Topic: Why Zero (or Negative) Interest Rates Could Someday Make Sense
Replies: 92
Views: 6500

Re: Why Zero (or Negative) Interest Rates Could Someday Make Sense

So while it does make sense that life expectancy should have an impact on interest rates, I'm not convinced that that they have been the driving force in falling interest rates over the last 150+ years at least. You certainly could be right about the last 150 years. But it's the next 50-75 years th...
by JBTX
Sat Aug 17, 2019 6:33 pm
Forum: Investing - Theory, News & General
Topic: Why Zero (or Negative) Interest Rates Could Someday Make Sense
Replies: 92
Views: 6500

Re: Why Zero (or Negative) Interest Rates Could Someday Make Sense

I'll admit I struggle to wrap my head around the concept of negative interest rates. But if I had to guess: The standard assumption for positive interest rates are - people prefer to consume now vs the future- well yes and no. If you are financially comfortable now, you become more concerned with th...
by JBTX
Sat Aug 17, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone retire in their 30s?
Replies: 95
Views: 10374

Re: Anyone retire in their 30s?

This place is extremely conservative it seems, financially. But I was curious if anyone had just called it quits from the corporate grind much younger than normal? In my 20s, I was very motivated and engaged to learn as much as I could at my career. Now, moving into management the environment has b...
by JBTX
Fri Aug 16, 2019 9:26 pm
Forum: Personal Consumer Issues
Topic: Do burglars steal and use paperwork?
Replies: 39
Views: 4416

Re: Do burglars steal and use paperwork?

I'm pretty sure that they can and do. I don't have a cite for the partucular case I'm thinking of, but I recall a tv news story from years ago in which a dumpster diver accessed a man's credit card statements, hacked his identity, and made his life a living hell for years as he tried to correct the...
by JBTX
Fri Aug 16, 2019 9:50 am
Forum: Personal Investments
Topic: Should we stop contributing to our Roth's?
Replies: 15
Views: 1454

Re: Should we stop contributing to our Roth's?

Stop funding 529.
by JBTX
Fri Aug 16, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Debating a 4.25 to 3.375 refi
Replies: 28
Views: 1869

Re: Debating a 4.25 to 3.375 refi

Like many on the forum I’ve been watching the mortgage rates fall and been debating a refi. I owe ~195k on a home valued at 355k. I’m 17 months into the current loan which is 4.25% 30 year fixed. I have a lender offering 3.375% 30 year fixed for $2600 closing costs (after $750) credit plus another ...
by JBTX
Fri Aug 16, 2019 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Debating a 4.25 to 3.375 refi
Replies: 28
Views: 1869

Re: Debating a 4.25 to 3.375 refi

Wings5 wrote:
Thu Aug 15, 2019 11:14 pm
Are there any generally accepted Boglehead rules for refinancing?

One I've read recently is that if your break even point is within 12 or 24 months, go for it.
For me I'll go out to 36 months. If your mortgage is modest and you live in high fee state you'll rarely break even 12 to 24.
by JBTX
Wed Aug 14, 2019 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Freeze
Replies: 18
Views: 1232

Re: Credit Freeze

Reading the recent "no CC" thread made me wistful for the bonuses and rewards. We have plenty of CCs, use them liberally, and pay them off when the bill comes. The perks are just too attractive not to: cash back, gift cards, airline mile, and hotel points, even free knife sharpening at WS. However,...
by JBTX
Wed Aug 14, 2019 10:20 pm
Forum: Investing - Theory, News & General
Topic: Confused, bummed, and concerned
Replies: 74
Views: 10409

Re: Confused, bummed, and concerned

Lee_WSP wrote:
Wed Aug 14, 2019 1:00 pm
The 5% ROR assumes one of two things will happen:

A big drop, followed by a rebound, netting a sum total of 5% ROI

OR

Flat growth

Personally I think the drop is more likely.
Jeremy Granthams hell vs purgatory.
by JBTX
Wed Aug 14, 2019 10:12 pm
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 3845

Re: Switch AA 10-year to 2-year Treasuries?

Did not see every post in thread, but taking the counter argument, I am guessing that typically when short term rates are higher than long term rates, that signals weakness and rates go down across the board, which benefits long bonds much more than short and is also a better diversifier (or should ...
by JBTX
Wed Aug 14, 2019 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance!!! Go or No Go??
Replies: 18
Views: 2005

Re: Refinance!!! Go or No Go??

You're paying 2.875% in closing costs :shock: See if they will provide any credits towards closing costs. If your goal is to pay in 10 years, see if they have a 10 or 7 year ARM. That may have a lower rate. Don't know where OP lives, but that isn't uncommon in TX for a modest size loan. You pretty ...
by JBTX
Wed Aug 14, 2019 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance!!! Go or No Go??
Replies: 18
Views: 2005

Re: Refinance!!! Go or No Go??

I am into second year of a 20 year mortgage @ 4% with currently $175k balance. A credit union has offered a 15 year mortgage at 3% with zero points. This refinance cost is estimated to be at $5k. I am having a hard time crunching the numbers to determine if its worth moving forward with the refinan...
by JBTX
Wed Aug 14, 2019 8:30 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord - NFL Network?
Replies: 45
Views: 3344

Re: Cutting the Cord - NFL Network?

I've been with DTV along time and right now I'm getting $60/month in loyalty discounts, plus other discounts. But I'm also with ATT which makes a difference. One thing I did a couple of years ago when they started to balk at my cancelation threats is I actually canceled, but set the cancel date to b...
by JBTX
Wed Aug 14, 2019 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to make sense out of this refinance
Replies: 8
Views: 726

Re: Trying to make sense out of this refinance

I would think you can do better than 3.5% over 15 years. Given the numbers I wouldn't do it. At 3.5% 160k times decrease of.00625 = $1000 a year interest savings. That will take you 5 years to break even on your fees (must be TX where mortgage fees are a racket). The other higher rates take even lon...
by JBTX
Wed Aug 14, 2019 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Friend Being Offered Variable & Indexed Universal Life for Tax-free Retirement Income
Replies: 46
Views: 2469

Re: Friend Being Offered Variable & Indexed Universal Life for Tax-free Retirement Income

I find that the people that push these push the earnings tax deferral angle pretty hard. When you mention that eventually the earnings comes out at ordinary income rates vs partly capital gains it doesn't seem to phase them. More than likely the higher eventual ordinary income tax rates will cost yo...
by JBTX
Wed Aug 14, 2019 7:28 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1385
Views: 144285

Re: [What TV Show Have You Recently Watched?]

<snip> CBS all access: Good fight - I liked good wife, and this show generally follows the same theme. They are a bit too obsessed with the current political environment, and the show misses the "Alicia" character who kind of anchored it, but the legal issues are always interesting and often timely...
by JBTX
Wed Aug 14, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: "Negotiating" Salary
Replies: 74
Views: 5454

Re: "Negotiating" Salary

In my experience it is worthwhile to at least get a feel whether you're in the same ballpark. Otherwise you both may end up wasting a lot of time. I'll try to ask what the compensation range is, and see if they bite.
by JBTX
Wed Aug 14, 2019 3:33 pm
Forum: Investing - Theory, News & General
Topic: Has anybody bought Wellington,Wellesley,LifeStra and just said the heck with the taxes or is that just dumb in taxable?
Replies: 48
Views: 3029

Re: Has anybody bought Wellington,Wellesley,LifeStra and just said the heck with the taxes or is that just dumb in taxa

A broader issue is that unless you are exceptionally strategic, most any investment outside retirement accounts will produce taxable distributions. The issue is more one of choosing taxes you will pay, isn't it? Even with funds in taxable accounts, taxes will eventually be paid. What am I missing o...
by JBTX
Tue Aug 13, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Friend Being Offered Variable & Indexed Universal Life for Tax-free Retirement Income
Replies: 46
Views: 2469

Re: Friend Being Offered Variable & Indexed Universal Life for Tax-free Retirement Income

So if I'm reading this right, the growth cap can be changed at the end of any one year segment due to "market conditions" or if they aren't making enough money.
by JBTX
Sun Aug 11, 2019 9:16 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1385
Views: 144285

Re: [What TV Show Have You Recently Watched?]

Running out of things to watch Handmaids tale: watching as episodes of season 3 come out. I like the show, but this may be the darkest show I've ever seen. Killing Eve. It surprised me, actually pretty good. Pretty quirky. The end of season one was kind of stupid. Top of the lake: season 1 - pretty ...
by JBTX
Sun Aug 11, 2019 9:00 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1385
Views: 144285

Re: [What TV Show Have You Recently Watched?]

Blues wrote:
Thu Jul 18, 2019 8:53 am
"Southland" on hulu. Never watched the series when it was on NBC / TNT some years back.

A good police procedural spanning five seasons. Starts out a bit over the top in terms of some of the acting and dialog but dials it in over time.
That was actually a really good show.
by JBTX
Sun Aug 11, 2019 9:00 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1385
Views: 144285

Re: [What TV Show Have You Recently Watched?]

Blues wrote:
Thu Jul 18, 2019 8:53 am
"Southland" on hulu. Never watched the series when it was on NBC / TNT some years back.

A good police procedural spanning five seasons. Starts out a bit over the top in terms of some of the acting and dialog but dials it in over time.
That was actually a really good show.
by JBTX
Sun Aug 11, 2019 6:44 pm
Forum: Investing - Theory, News & General
Topic: Roth > Taxable > tIRA
Replies: 199
Views: 13094

Re: Roth > Taxable > tIRA

If, may, could, in some cases... These sound like reasons someone would bring up who desperately want to convince you to do something. Like the salesman wants you to buy his product because it benefits him. But he gives a list of reasons that seem like it is for your benefit. But none of them apply...
by JBTX
Sun Aug 11, 2019 3:05 pm
Forum: Investing - Theory, News & General
Topic: Is it time to sell I-Bonds?
Replies: 18
Views: 1871

Re: Is it time to sell I-Bonds?

I'm going to buy the limit this year (before November)at 0.5% fixed, and offset by selling some of my 0.0 fixed. I suspect the fixed rate will go down. I seriously doubt we are going to see less than 2.0% inflation on average going forward. I would not be shocked to see short term interest rates oth...
by JBTX
Sun Aug 11, 2019 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4011
Views: 743770

Re: What's Your Credit Card Rewards Strategy?

I happened to notice that Amex has an upgrade offer for me to switch to the Blue Cash Preferred. The offer is a $250 statement credit after $1000 in spend. I'm not sure it's worth bothering, since that's only $155 after the annual fee. I'd probably want to downgrade at the end of the first year, an...
by JBTX
Sat Aug 10, 2019 7:26 pm
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 10165

Re: Healthy fast food

Tom Noughton ate only fast food (and no salads either!) for a month, mostly McDonalds...and lost 12 lbs. He limited his calorie intake to 2,000 per day, 100 grams of carbs per day, and walked six evenings a week. Also, he completely refuted Morgan Spurlock's claim that he was eating 5,000 calories ...
by JBTX
Sat Aug 10, 2019 7:19 pm
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 10165

Re: Healthy fast food

The trick with limiting portion size - is to limit the heavy calorie stuff. You want to load up on low calorie dense items. Vegetables are your friends. And nutritious. Then when you hit the fast food and restaurants you won't be so hungry that your good intentions go out the window. I like subway ...
by JBTX
Sat Aug 10, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 10165

Re: Healthy fast food

*Comparatively* healthier fast food selections: In all cases skip the fries/side, unless you can get fruit (and want the fruit) Skip sugar drinks Most cases grilled chicken sandwiches are OK, but skip the mayo. However most fast food grilled chicken sandwiches are pretty bland Jack in the box chick...
by JBTX
Sat Aug 10, 2019 3:13 pm
Forum: Investing - Theory, News & General
Topic: The fallacy of Dollar Cost Averaging
Replies: 101
Views: 8412

Re: The fallacy of Dollar Cost Averaging

In theory it is really quite simple. Either you should be in the market or you shouldn't. For most people, in the long run they should, because over time stock market returns will exceed cash or bonds. The answer isn't any different for incremental money or new money. In reality taking in the behavi...
by JBTX
Sat Aug 10, 2019 2:30 pm
Forum: Personal Consumer Issues
Topic: Checking credit card statements
Replies: 52
Views: 2703

Re: Checking credit card statements

whodidntante wrote:
Sat Aug 10, 2019 2:12 pm
Issuers who have an IT platform not built by an executive's cousin will provide a method of subscribing to transaction notifications.
:annoyed / executive's cousin
by JBTX
Fri Aug 09, 2019 11:10 pm
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 10165

Re: Healthy fast food

Subway is a good suggestion but you have to watch for the dressings, mayo, cheese and the like. Look at the nutritional info posted - there's a huge range for the calories for any given sandwich because of this. You can get high calories there if not careful. All calories quoted are usually without...
by JBTX
Fri Aug 09, 2019 11:06 pm
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 10165

Re: Healthy fast food

*Comparatively* healthier fast food selections: In all cases skip the fries/side, unless you can get fruit (and want the fruit) Skip sugar drinks Most cases grilled chicken sandwiches are OK, but skip the mayo. However most fast food grilled chicken sandwiches are pretty bland Jack in the box chicke...
by JBTX
Fri Aug 09, 2019 5:44 pm
Forum: Investing - Theory, News & General
Topic: Why do dividends still exist?
Replies: 204
Views: 11536

Re: Why do dividends still exist?

I recall reading, many years ago, that paying dividends tends to instill some financial discipline in management, in that it prevents you from throwing everything away in ill advised acquisitions, investments and bonuses. They have to prioritize.

How applicable that may still be I don't know.
by JBTX
Fri Aug 09, 2019 5:39 pm
Forum: Personal Consumer Issues
Topic: Critique my exercise routine because it's not working for me
Replies: 160
Views: 8757

Re: Critique my exercise routine because it's not working for me

I've read quite a few articles where repeated studies show that more often than not people starting exercise routines don't lose much weight. There are many reasons, but the key reason is people tend to compensate by eating more. Not a lot more, but it doesn't take much. I've seen several such artic...