Search found 693 matches

by DanMahowny
Tue Apr 23, 2019 1:19 pm
Forum: Personal Consumer Issues
Topic: At what age did you buy your first first class airplane ticket?
Replies: 112
Views: 3973

Re: At what age did you buy your first first class airplane ticket?

I'm 52 and would never pay for a first class ticket. It's totally unimportant to me.

And I'm actually wealthy, and could easily afford it (the OP is neither of these things).
by DanMahowny
Sun Apr 21, 2019 5:27 pm
Forum: Personal Consumer Issues
Topic: Vacation home experiences?
Replies: 35
Views: 3332

Re: Vacation home experiences?

RadAudit wrote:
Sat Apr 20, 2019 8:43 pm
Rent your fantasies.
Exactly.
by DanMahowny
Sat Apr 20, 2019 4:31 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3729
Views: 1074407

Re: What Book Are You Currently Reading? Part VI

Digital Minimalism
by DanMahowny
Sat Apr 20, 2019 2:07 pm
Forum: Personal Consumer Issues
Topic: DIY home security system
Replies: 23
Views: 1597

Re: DIY home security system

No experience with the DIY method, but my answer is 2 German Shepherds. Very nice. I have 2 working line German Shepherds. And both are protection trained. We do one hour of bite work every Saturday morning. When they hear a noise, the female goes to investigate, and the male stands next to my wife.
by DanMahowny
Wed Apr 17, 2019 4:29 pm
Forum: Personal Consumer Issues
Topic: What Are Your Simple Pleasures?
Replies: 101
Views: 5690

Re: What Are Your Simple Pleasures?

60-90 minute showers.

Driving with windows down and AC on full blast.
by DanMahowny
Fri Apr 12, 2019 4:34 am
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 18451

Re: Talk me in/out of $35k Tesla Model 3

The $35k model was just another lie. I knew it.
by DanMahowny
Mon Apr 08, 2019 10:49 am
Forum: Personal Consumer Issues
Topic: Should I regularly replace the water filter in the fridge?
Replies: 50
Views: 4007

Re: Should I regularly replace the water filter in the fridge?

I use that "little bypass plug thingy". No need for a water filter where I live.
by DanMahowny
Sat Apr 06, 2019 4:01 pm
Forum: Personal Investments
Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
Replies: 92
Views: 6300

Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?

I'm short TSLA.

And I also have a fairly large cash bankroll for actual "gambling" (I'm a part-time advantage player).

Otherwise my entire portfolio is short-term treasuries and TIPS.
by DanMahowny
Sat Apr 06, 2019 3:49 pm
Forum: Personal Investments
Topic: TIPS, I bonds, or taxable portfolio to get from 41 to 59.5
Replies: 11
Views: 1275

Re: TIPS, I bonds, or taxable portfolio to get from 41 to 59.5

bhough wrote:
Sun Mar 31, 2019 10:22 pm
My two cents:

You will get bored if you stop working at 41.
You might be right since I didn't retire at 41. I retired at age 42.

Boring? Never. No chance. Ever.

I do know a few people that are retired and bored. I pity them.
by DanMahowny
Wed Apr 03, 2019 4:54 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 259
Views: 21876

Re: "The best and worst U.S. states for retirement"

HomerJ wrote:
Tue Apr 02, 2019 9:16 am
Another option is to just have one home, but rent 3-4 months out of the year someplace warmer or cooler.
Yes. Brilliant.
by DanMahowny
Tue Apr 02, 2019 5:44 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 18451

Re: Talk me in/out of $35k Tesla Model 3

Nice! I picked up an AWD last Wednesday after putting down a deposit 3 years ago. First American car since 1998! Really enjoy the vehicle. It's been lifechanging going from a short range EV (BMW i3) to a Tesla. Congrats man. It's cool to see someone wait 3 long years. I also put down a deposit 3 ye...
by DanMahowny
Sun Mar 31, 2019 1:09 pm
Forum: Personal Consumer Issues
Topic: Lifelock
Replies: 15
Views: 931

Re: Lifelock

DanMahowny wrote:
Sun Mar 31, 2019 11:42 am
credit freeze.

Lifelock isn't a scam, but it's a waste of money
Perhaps, I should reconsider and say that Lifelock IS a scam.
by DanMahowny
Sun Mar 31, 2019 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Passed Over For Promotion for Being too Good at My Job
Replies: 55
Views: 5461

Re: Passed Over For Promotion for Being too Good at My Job

RickBoglehead wrote:
Fri Mar 29, 2019 6:38 pm
Role with it?
well played sir.
by DanMahowny
Sun Mar 31, 2019 1:03 pm
Forum: Personal Consumer Issues
Topic: Folks in their 60s and above. What early investment on health do you recommend.
Replies: 193
Views: 12625

Re: Folks in their 60s and above. What early investment on health do you recommend.

I'm not 60, but will play anyway.

My recommendation- quit alcohol. Completely.

I loved beer, and it was a regular part of my day for 35 years. And it was never a problem.

But when I quit, I felt maybe 20 years younger? Incredible.
by DanMahowny
Sun Mar 31, 2019 12:27 pm
Forum: Personal Consumer Issues
Topic: Valuing retirement years
Replies: 35
Views: 3544

Re: Valuing retirement years

Life options narrow with age.

Retire now.
by DanMahowny
Sun Mar 31, 2019 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 334
Views: 49252

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Nope. Not me. A financial advisor would be a waste of money. Although I will occasionally do some tax planing with my CPA.

If the day ever comes that I do need a financial advisor, I would look for one with the heart of a teacher.
by DanMahowny
Sun Mar 31, 2019 11:42 am
Forum: Personal Consumer Issues
Topic: Lifelock
Replies: 15
Views: 931

Re: Lifelock

credit freeze.

Lifelock isn't a scam, but it's a waste of money
by DanMahowny
Sun Mar 31, 2019 8:56 am
Forum: Personal Consumer Issues
Topic: Anyone looking to retire in FL?
Replies: 18
Views: 2261

Re: Anyone looking to retire in FL?

I live in the midwest. My home is in a city that is almost perfect. The only problem is the weather. It mostly sucks- cold, wet, and cloudy far too often. I'm flying to Florida in 2 weeks to check things out. SW Florida is my target area. Port Charlotte, Rotonda will be examined during this trip. I ...
by DanMahowny
Sat Mar 30, 2019 1:08 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3729
Views: 1074407

Re: What Book Are You Currently Reading? Part VI

forgeblast wrote:
Fri Mar 29, 2019 9:03 am
Can't Hurt Me by David Goggins amazing book, with challenges for personal growth. I cant say enough good things about this book.
Agree completely. AMAZING!
by DanMahowny
Fri Mar 29, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 14253

Re: How often do you check your net worth?

I'm intrigued by the people that "don't care about net worth at all".

Just seems odd within the Boglehead community. Would love to hear more if anyone wants to share.
by DanMahowny
Fri Mar 29, 2019 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 14253

Re: How often do you check your net worth?

I'm a Quicken junkie so I see it every day. I don't actively seek it out, but it's just there on my screen. Can't help noticing it. And any up/down movement has no impact on my life. Given you're 100% cash there shouldn't be very much up and down movement except for income and spending. You betcha....
by DanMahowny
Fri Mar 29, 2019 12:13 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Advice - Evaluated with Actual Returns from His Company's 401K
Replies: 101
Views: 13024

Re: Dave Ramsey's Advice - Evaluated with Actual Returns from His Company's 401K

I would like to thank Dave Ramsey for disproving Bogleheadism. But I'm a little concerned that maybe it was just a good market for growth stocks and not actually a great stock picker thing. So I'll need to consult with a smartvestor pro with the heart of a teacher to know which funds will outperfor...
by DanMahowny
Fri Mar 29, 2019 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 14253

Re: How often do you check your net worth?

I'm a Quicken junkie so I see it every day. I don't actively seek it out, but it's just there on my screen. Can't help noticing it. And any up/down movement has no impact on my life.
by DanMahowny
Thu Mar 28, 2019 10:54 am
Forum: Investing - Theory, News & General
Topic: How much $$ would it take for you walk away from investing?
Replies: 45
Views: 4098

Re: How much $$ would it take for you walk away from investing?

$50k annual expense, $4M, 100% TIPS.

How could this fail?
by DanMahowny
Wed Mar 27, 2019 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement - hypothetical
Replies: 58
Views: 5705

Re: Early retirement - hypothetical

You are going to love not working. It's awesome. Congrats.
by DanMahowny
Wed Mar 27, 2019 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement - hypothetical
Replies: 58
Views: 5705

Re: Early retirement - hypothetical

If you want to quit, and it's okay with your wife, go for it man.

But don't touch your 401k. Makes no sense (perhaps I'm missing something??).

I quit working at age 42 (10 years ago).
by DanMahowny
Wed Mar 27, 2019 4:50 pm
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 440
Views: 99130

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

I am reading this book now. Not to far into it, but it appears to be excellent.

Was glad to find Bogleheads had a thread for the book.

I will read through this thread when done.
by DanMahowny
Wed Mar 27, 2019 10:07 am
Forum: Personal Consumer Issues
Topic: High School Senior Pictures
Replies: 91
Views: 4740

Re: High School Senior Pictures

stoptothink wrote:
Tue Mar 26, 2019 10:37 am
:shock: This is a thing?

If daughter wants $500 pictures, she's more than welcome to pay for them herself.
Yes this is a thing.

Actually, there are high school students that spend more money on their Senior Prom than many of us spent on our weddings.
by DanMahowny
Wed Mar 27, 2019 10:01 am
Forum: Personal Consumer Issues
Topic: Bogleheads, do you have (unwise financially) friends? And how do you deal with them?
Replies: 76
Views: 3858

Re: Bogleheads, do you have (unwise financially) friends? And how do you deal with them?

My 3 best friends:

2 are with Edward Jones

1 is with Ameriprise

We don't talk about it much. Having too much fun otherwise.
by DanMahowny
Tue Mar 26, 2019 7:05 pm
Forum: Personal Consumer Issues
Topic: Boeing 737 Max 8 Flight: Would you rebook?
Replies: 63
Views: 5093

Re: Boeing 737 Max 8 Flight: Would you rebook?

I would fly one with no hesitation whatsoever, but I would also listen to Justin Bieber albums while flying. That way, if we did crash, I'd be okay with it. :D
by DanMahowny
Tue Mar 26, 2019 1:43 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Advice - Evaluated with Actual Returns from His Company's 401K
Replies: 101
Views: 13024

Re: Dave Ramsey's Advice - Evaluated with Actual Returns from His Company's 401K

JH4P wrote:
Mon Aug 31, 2015 4:11 pm
My biggest gripe with Dave is his suggestion that 8% withdrawal rates are reasonable.
Yes. This.

Perhaps someone "with the heart of a teacher" will tell him this is ridiculous advice.
by DanMahowny
Tue Mar 26, 2019 1:23 pm
Forum: Investing - Theory, News & General
Topic: time to move from short term bonds to longer term?
Replies: 52
Views: 4021

Re: time to move from short term bonds to longer term?

I'm happy to keep my portfolio short-term treasuries and TIPS.
by DanMahowny
Mon Mar 25, 2019 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Sanity check: Buying new house -- 400k with 155k income?
Replies: 46
Views: 5063

Re: Sanity check: Buying new house -- 400k with 155k income?

JBTX wrote:
Mon Mar 25, 2019 4:31 pm
We've been in our house 20 years. We do seem to be the exception.
Smart people are always (almost) the exception. Well done.
by DanMahowny
Mon Mar 25, 2019 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Sanity check: Buying new house -- 400k with 155k income?
Replies: 46
Views: 5063

Re: Sanity check: Buying new house -- 400k with 155k income?

Yeah I think you can do it. But I really like your income and low expenses. If you stay put, you could be looking at a nice early retirement, and that's much better than an expensive home. But maybe you don't feel the same. Your call. Also, I agree with bloom, a $400k home can easily end up at $450,...
by DanMahowny
Sun Mar 24, 2019 3:16 pm
Forum: Personal Investments
Topic: What would be your perfect personal bond allocation
Replies: 15
Views: 1100

Re: What would be your perfect personal bond allocation

short-term treasuries, TIPS, ibonds.
by DanMahowny
Sun Mar 24, 2019 12:03 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 750
Views: 65951

Re: That's enough for me in 2019

TIPS will outperform stocks over the next 10 years.
by DanMahowny
Sun Mar 24, 2019 11:57 am
Forum: Personal Consumer Issues
Topic: What golf ball do you use?
Replies: 40
Views: 1986

Re: What golf ball do you use?

Snell MTB, or Titleist ProV1x
by DanMahowny
Sat Mar 23, 2019 7:28 pm
Forum: Personal Investments
Topic: Ready to FIRE (But Vultures Be Circling)
Replies: 72
Views: 8550

Re: Ready to FIRE (But Vultures Be Circling)

Way to go OP!

Just go 100% TIPS. You won. Why screw around?
by DanMahowny
Fri Mar 22, 2019 6:11 pm
Forum: Investing - Theory, News & General
Topic: 10 Year/3 Month Treasuries Inversion
Replies: 100
Views: 8266

Re: 10 Year/3 Month Treasuries Inversion

For those who care about such things, the 3 month and 10 year treasuries inverted this morning (2.465% versus 2.453% as I write this). This is, incidentally, the spread the Fed uses for it's recession probability estimate (rather than the 2 year and 10 year spread which is still slightly positive)....
by DanMahowny
Fri Mar 22, 2019 6:06 pm
Forum: Investing - Theory, News & General
Topic: Finance Books sequence
Replies: 14
Views: 886

Re: Finance Books sequence

You have 3 great books there.

Order doesn't matter, but all 3 are worthy of your time.
by DanMahowny
Thu Mar 21, 2019 10:20 am
Forum: Investing - Theory, News & General
Topic: Portfolio during a recession
Replies: 32
Views: 2638

Re: Portfolio during a recession

Losing money (at least on paper) is extremely unpleasant. I think most folks are more risk averse than they realize and it’s too late when they do (figure that out). This is very true. Perhaps members of this forum are better at enduring declines than regular citizens, but many, many people overest...
by DanMahowny
Wed Mar 20, 2019 1:54 pm
Forum: Personal Investments
Topic: Treasury Bill ETFs
Replies: 4
Views: 597

Re: Treasury Bill ETFs

I would have no concerns at all.
by DanMahowny
Wed Mar 20, 2019 12:17 pm
Forum: Personal Investments
Topic: The case for 100% equities
Replies: 199
Views: 12630

Re: The case for 100% equities

I was 100% equities for the majority of my investing career.

But you better be sure you can handle a 50% decline. Most can't.
by DanMahowny
Wed Mar 20, 2019 8:46 am
Forum: Personal Consumer Issues
Topic: Better to Donate Time or Money To Charity?
Replies: 37
Views: 1328

Re: Better to Donate Time or Money To Charity?

I'm on the TIME side. I don't give money to charities anymore. The harder I looked at charities, the deeper I went, the more I found waste, and possibly fraud. I will donate my time tho. But what I prefer is direct, personal charity. I give money directly to the individual or entity in need. One of ...
by DanMahowny
Tue Mar 19, 2019 9:00 am
Forum: Personal Consumer Issues
Topic: Cost of ownership of buying Model 3
Replies: 55
Views: 4237

Re: Cost of ownership of buying Model 3 vs keeping my M235i.

Wait 6 months. If Tesla is still in business by Feb 2019, revisit the Model 3. You'll be glad you waited. Tesla is going to fold before then. Hmm... Another accurate predication by a Tesla short. Perhaps I missed slightly on the exact month, but the predicted event (bankruptcy) is a slam dunk. And ...
by DanMahowny
Mon Mar 18, 2019 8:35 pm
Forum: Personal Investments
Topic: When to quit feeding the pig?
Replies: 54
Views: 7816

Re: When to quit feeding the pig?

I used to ask myself these questions often. I didn't like the answers I came up with. Had no passion for investment real estate, and other investments just didn't seem to measure up to equities. So I kept feeding the pig. We would pour every spare cent we had into stocks, and continually cut expense...
by DanMahowny
Mon Mar 18, 2019 8:13 pm
Forum: Personal Investments
Topic: How to get over a $25K stock market loss?
Replies: 125
Views: 10125

Re: How to get over a $25K stock market loss?

Quirkz wrote:
Mon Mar 18, 2019 4:28 pm
We're all going to make mistakes, and the best thing we can do is learn from them. When it comes to a lifetime of investing, $25k can be a relatively cheap lesson, even if it stings now.
Quoting this because I think Quirkz pretty much nailed it.
by DanMahowny
Mon Mar 18, 2019 4:19 pm
Forum: Investing - Theory, News & General
Topic: Favorite investment quote
Replies: 73
Views: 3842

Re: Favorite investment quote

youngpleb wrote:
Sun Mar 17, 2019 6:58 am
“The first $100,000 is a b!tch but you’ve got to do it.” —Charlie Munger
Love this one. Thanks for posting.
by DanMahowny
Mon Mar 18, 2019 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Amica hiked my insurance, thoughts on alternatives?
Replies: 48
Views: 3681

Re: Amica hiked my insurance, thoughts on alternatives?

Interesting. Thanks to all. I will look into it.