Search found 21 matches

by mtn biker
Wed Mar 03, 2021 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Urgent Care bill - does this seem high?
Replies: 44
Views: 2403

Re: Urgent Care bill - does this seem high?

Seems about right, you are not just paying for their actual time with you, but also their availability as an urgent care clinic. There are days few people show up, they get paid those days also. I would look at an itemized bill, no way you can judge without that, but doesn't seem crazy to me for an ...
by mtn biker
Fri Feb 05, 2021 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life Insurance
Replies: 100
Views: 5022

Re: Whole Life Insurance

Whole life insurance sounded like a good idea all the way up and until I closed the account. The force of the sales pitch, the way we want so bad to believe our past actions were right, the complicated nature of the investment, it's all part of the reason it remains a popular money making pitch by a...
by mtn biker
Wed Jan 13, 2021 8:53 am
Forum: Personal Investments
Topic: Is this FIRE plan crazy?
Replies: 19
Views: 3304

Re: Is this FIRE plan crazy?

As others have said, your numbers should be more than reasonable to FIRE in the general timeline you are hoping for. If you are not purchasing individual stocks for the enjoyment and personal satisfaction of it, I would just do funds, you are unlikely to beat the market and you are likely to add str...
by mtn biker
Tue Jan 12, 2021 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Contribute less to 401k if one will have pension?
Replies: 19
Views: 1513

Re: Contribute less to 401k if one will have pension?

As with all things, it's a judgement call. I have a pension, but I also max out my 403b, and I recommend you do the same. You can't go back in time and get that option back if you skip it. And you can't get that growth back. You don't discuss your situation and your goals, so maybe you know things t...
by mtn biker
Thu Dec 31, 2020 4:05 pm
Forum: Personal Consumer Issues
Topic: A fantastic alternative to a Peloton (at least for me)
Replies: 25
Views: 3439

Re: A fantastic alternative to a Peloton (at least for me)

I use my road bike on a Kicker Snap trainer connected to an app called Rouvy. It has video of the course so you can watch the scenery, but more importantly it can be set up for "races" that my friends and I can all join. Then we see each other as dots on the map, and when close to each oth...
by mtn biker
Mon Apr 27, 2020 11:25 am
Forum: Personal Investments
Topic: How are the "100% Stocks" people doing?
Replies: 139
Views: 13313

Re: How are the "100% Stocks" people doing?

I am 100% stocks in my retirement accounts (just under 1M value before CV crash), but I happened to have $12,000 cash at Vanguard outside of retirement accounts waiting for an opportunity. I purchased Amazon at a little under $1,700 with that, just to get it in the market, which has done really well...
by mtn biker
Thu Jan 02, 2020 10:22 pm
Forum: Personal Consumer Issues
Topic: Is volunteering worth the hassle?
Replies: 98
Views: 8596

Re: Is volunteering worth the hassle?

I have volunteered in many capacities, from being president on multiple boards to just showing up on trail days for our local mountain bike trails to providing anesthesia on medical trips. I'll give some thoughts. If it's an "official" job, take it for a limited time period. For example, s...
by mtn biker
Tue Dec 03, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: Had my roof replaced and and noticed a possible issue
Replies: 39
Views: 2624

Re: Had my roof replaced and and noticed a possible issue

It is sloppy. Nobody can predict whether it will have issues in time, but you did not get what you paid for, a proper valley. My guess is that either a new hire did that, or something slipped while going down the valley and it got crooked. Either way it's obvious it isn't right and they should make ...
by mtn biker
Sun Aug 04, 2019 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Is our spending crazy?
Replies: 136
Views: 12871

Re: Is our spending crazy?

Dear Bogleheads, I feel like for the amount we spend we should be living in luxury. You ARE living in luxury. I am at about half your spending and I am living in luxury. If it doesn't feel like luxury that is a perception problem, not an actual problem. I have no doubt you can cut, and I believe li...
by mtn biker
Wed May 01, 2019 2:51 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 284
Views: 38009

Re: What is your AA, given your age? and, Why?

Age 46 I am 100% stocks in the assets I control, but that is deceptive because my current job provides a pension. So as my pension builds and becomes a larger part of my retirement plan, it has the function of balancing my portfolio in my mind. I do not mind dips or crashes, and have never sold base...
by mtn biker
Wed Feb 20, 2019 12:39 pm
Forum: Investing - Theory, News & General
Topic: Target Date funds are hazardous to your wealth
Replies: 59
Views: 10719

Re: Target Date funds are hazardous to your wealth

These stories are not worth reading. There is always a "gotcha". The Target Date fund they used had an Expense Ratio of .78%. My Target Date fund is .06% and is much easier to stuff compared to the 7-8 funds I would need to replicate a total market approach and try to keep "in balanc...
by mtn biker
Thu Feb 07, 2019 11:48 am
Forum: Personal Consumer Issues
Topic: $10,000 for a bed?
Replies: 36
Views: 2923

Re: $10,000 for a bed?

Perhaps some of you can enlighten me as to what I am missing. A good friend of mine just purchased a $10,000 bed. A Temperpedic "California King" bed, which is actually two beds, side by side. With all of the adjustable bells and whistles. I'll spend up for a good car (Lexus)...although t...
by mtn biker
Sat Jan 12, 2019 3:14 pm
Forum: Investing - Theory, News & General
Topic: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)
Replies: 128
Views: 10171

Re: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)

I think the reason they are "cheap" right now is exactly because of all you said. The possibility that it is actually cheap and not just cheap on paper is a reason to buy. The possibility not enough of those markets will show growth is a reason to avoid a large percentage of your assets in...
by mtn biker
Wed Nov 28, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: Charity in the accumulation phase- Now vs. Later
Replies: 24
Views: 1080

Re: Charity in the accumulation phase- Now vs. Later

Yes, can accurately verify $15,000 annual expenses in VHCOL area. You do realize that VHCOL stands for Very High Cost Of Living? He said VHCOL area, which doesn't mean he is paying VHCOL. What matters is that if his living condition or job changes, his COL might inflate greatly because of where he ...
by mtn biker
Fri Oct 05, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 14133

Re: What purchase saved you the most money?

Here is a weird one... My wife and I bought tickets to Haiti to visit an orphanage we supported. An hour after we arrived the big earthquake hit. The next few days started a re-evaluation of our entire lives, sort of like a mid life crisis on steroids. We ended up cutting a ton of junk expenses, lef...
by mtn biker
Sun Jul 22, 2018 8:25 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead plumbers? Need help.
Replies: 16
Views: 1958

Re: Any Boglehead plumbers? Need help.

I'm not sure what flushing the tank and a new anode rod is going to due to quiet the heating of the tank... If the heating element is making a lot of noise, then that should probably be replaced or serviced. Ig you are selling in a year, then a new hot water heater might help, even if just a basic c...
by mtn biker
Mon Jun 25, 2018 12:45 pm
Forum: Personal Investments
Topic: Why not go 100% stocks?
Replies: 140
Views: 20307

Re: Why not go 100% stocks?

I have been 100% stocks for a long time now. I don't feel like rebalancing, and am comfortable with market corrections and changes, I won't need the money for a long time anyway. I don't expect to time the market, I have no idea when the bottom is, when the top is, or anything in the middle. Keeping...
by mtn biker
Wed Jun 20, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 169
Views: 17262

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

I was in PAP Haiti during the big earthquake, so I've been in the disaster situation. It took $600 cash to get on a flight to DR, not exactly a bribe, but it felt that way. Without the cash we would have been there more than two days, but would have been fine. I keep a couple thousand in the safe on...
by mtn biker
Mon Jun 11, 2018 4:29 pm
Forum: Personal Investments
Topic: How to convince my co-worker to invest more?
Replies: 47
Views: 4046

Re: How to convince my co-worker to invest more?

Ask questions and let him talk. People want to be heard, so start there. Ask what his goals are. Ask how much his savings will add up to over time. Just seek to draw him out into conversation without any real agenda. Answer questions as they come up, but not before. If he doesn't ask, then keep aski...
by mtn biker
Mon Apr 09, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: Does it make sense to buy new appliances when there's a good sale before you need them?
Replies: 28
Views: 2602

Re: Does it make sense to buy new appliances when there's a good sale before you need them?

There are two parts to your question. Should up upgrade early, and will you get a better price. You are very very unlikely to get enough of a better price to counteract the high likelihood your fridge will last quite a while longer. Your fridge might break down next week and you might spend a bit mo...
by mtn biker
Wed Jul 26, 2017 1:47 pm
Forum: Personal Investments
Topic: Am I missing something with my retirement accts?
Replies: 3
Views: 769

Am I missing something with my retirement accts?

I am fairly knowledgeable about finances overall, I am happy with the asset allocations of my investments, my 403b is maxed, I am over the cap for typical Roth. I currently have a Vanguard taxable investment account for my extra saving beyond my emergency funds. Married, my wife just started a part ...