Search found 268 matches

by Shikoku
Sun Apr 15, 2018 6:06 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 251
Views: 42383

Re: Is there a such thing as a blue collar Boglehead?

35 years old, Bottling Line Operator for a microbrewery making $32,000 a year not counting optional overtime during our busy season. I tried taking classes at a community college (wanted to be a history teacher) and was an honor student...except for math. Gave up after failing Probably & Statistics...
by Shikoku
Sun Apr 15, 2018 5:50 pm
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 11473

Re: New faster DNS - 1.1.1.1 by CloudFlare

When I enter vanguard.com in my browser, Comcast's DNS lookup returns IP address 192.175.191.200. I might disagree with my Comcast bill but I trust the IP address they return and the webpage I visit as a result of my browser receiving the IP address; I am happy to enter my username and password to ...
by Shikoku
Sat Apr 14, 2018 11:25 am
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 251
Views: 42383

Re: Is there a such thing as a blue collar Boglehead?

In fact I think formal education hits its peak for earning at Masters and then declines at PhD because so many teach and MBAs often go into corporate jobs. Any data to support this? We should compare apples to apples such as Masters and PhD in the same discipline. Many people go for PhD just for li...
by Shikoku
Fri Apr 13, 2018 10:25 pm
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 11473

Re: New faster DNS - 1.1.1.1 by CloudFlare

When I enter vanguard.com in my browser, Comcast's DNS lookup returns IP address 192.175.191.200. I might disagree with my Comcast bill but I trust the IP address they return and the webpage I visit as a result of my browser receiving the IP address; I am happy to enter my username and password to ...
by Shikoku
Fri Apr 13, 2018 7:18 pm
Forum: Personal Consumer Issues
Topic: Is a reduction of my home's assessed value a bad thing?
Replies: 21
Views: 1777

Re: Is a reduction of my home's assessed value a bad thing?

I have the opportunity to contest the current assessed value of my home and reduce my property taxes, but I'm told that could be bad for the future selling price of the property. Is this a legitimate concern? I do not think so. I contested at the city and county level two consecutive years after we...
by Shikoku
Fri Apr 13, 2018 7:05 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 251
Views: 42383

Re: Is there a such thing as a blue collar Boglehead?

In fact I think formal education hits its peak for earning at Masters and then declines at PhD because so many teach and MBAs often go into corporate jobs. Any data to support this? We should compare apples to apples such as Masters and PhD in the same discipline. Many people go for PhD just for li...
by Shikoku
Fri Apr 13, 2018 5:28 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 18516

Re: Work Commute: How far is too far?

I wonder if there have been studies done on this topic, seeing how long commutes can get before they start affecting people's health and overall happiness and such. You may be interested in checking the first response on page 2 of this merged thread. https://www.bogleheads.org/forum/viewtopic.php?f...
by Shikoku
Wed Apr 11, 2018 10:28 pm
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 11473

Re: New faster DNS - 1.1.1.1 by CloudFlare

Cloudflare has been around, and are one of the most trusted authoritative DNS providers in the world and have been for years ( the recursive DNS offering we are talking about in this thread is new ). oneleaf, I am unsure what you mean by 'new'. MIT Laboratory for Computer Science published the foll...
by Shikoku
Wed Apr 11, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 11473

Re: New faster DNS - 1.1.1.1 by CloudFlare

Cloudflare has been around, and are one of the most trusted authoritative DNS providers in the world and have been for years ( the recursive DNS offering we are talking about in this thread is new ). oneleaf, I am unsure what you mean by 'new'. MIT Laboratory for Computer Science published the foll...
by Shikoku
Wed Apr 11, 2018 8:16 pm
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 11473

Re: New faster DNS - 1.1.1.1 by CloudFlare

Last time I checked few years ago, Comcast was using Domain Name System Security Extensions (DNSSEC). If it is not good enough, IETF will develop a new set that ISPs will adopt. Comcast has about 25 million broadband subscribers, and I am glad to use their default ISP. Hopefully, I am not the only ...
by Shikoku
Wed Apr 11, 2018 7:42 pm
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 11473

Re: New faster DNS - 1.1.1.1 by CloudFlare

Last time I checked few years ago, Comcast was using Domain Name System Security Extensions (DNSSEC). If it is not good enough, IETF will develop a new set that ISPs will adopt. Comcast has about 25 million broadband subscribers, and I am glad to use their default ISP. Hopefully, I am not the only ...
by Shikoku
Wed Apr 11, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 11473

Re: New faster DNS - 1.1.1.1 by CloudFlare

When I enter vanguard.com in my browser, Comcast's DNS lookup returns IP address 192.175.191.200. I might disagree with my Comcast bill but I trust the IP address they return and the webpage I visit as a result of my browser receiving the IP address; I am happy to enter my username and password to ...
by Shikoku
Tue Apr 10, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: Why not annuitize most of portfolio?
Replies: 104
Views: 11299

Re: Why not annuitize most of portfolio?

I would answer your questions by respectfully suggesting you're not asking the right question. The question is should I buy Single Premium Immediate Annuities (SPIA) or not. I'd submit most people should not. Let's use a David Letterman Top Ten Reasons To Avoid SPIAs approach to explain why: 1. You...
by Shikoku
Tue Apr 10, 2018 10:03 pm
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 11473

Re: New faster DNS - 1.1.1.1 by CloudFlare

So I will continue to use Comcast-DNS instead of a PopUp-DNS. For the same reason, I keep my investment with Vanguard and Fidelity instead of investing with Bernie Madoff even knowing that Madoff's rate of return is better than what I will get from index funds. So I trust large and well-known. This...
by Shikoku
Tue Apr 10, 2018 9:01 pm
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 11473

Re: New faster DNS - 1.1.1.1 by CloudFlare

DNS query data is extremely sensitive. CloudFlare will "share query data, but only with these really trustworthy researchers ". "Ironically for a project predicated on privacy, Cloudflare is sharing DNS query data with APNIC Labs , a part of Asian registry APNIC, in exchange for the use of its 1.1....
by Shikoku
Tue Apr 10, 2018 6:10 pm
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 11473

Re: New faster DNS - 1.1.1.1 by CloudFlare

You don't need to install any software to use alternate DNS servers. When I clicked on https://1.1.1.1/ it presented me with two options: INSTALL and INFO. I stopped there. Even I do not need to install any software, I will not use this service. Everyone should be cautious about any service like th...
by Shikoku
Tue Apr 10, 2018 5:30 pm
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 11473

Re: New faster DNS - 1.1.1.1 by CloudFlare

People really need to understand the purpose of DNS and how DNS works before installing the recommended software. You don't need to install any software to use alternate DNS servers. When I clicked on https://1.1.1.1/ it presented me with two options: INSTALL and INFO. I stopped there. Even I do no...
by Shikoku
Tue Apr 10, 2018 2:51 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 582
Views: 48022

Re: Name something you bought that wasn't cheap and glad you did

Primary residence: Bought in early 2009 at $298K (not cheap). Now its market value is over $500K (glad we did). This about 4,500 sq ft suburban home gives us immense joy and a very comfortable living space which is only several minutes away from my work. This is probably going to be the best purchas...
by Shikoku
Sun Apr 08, 2018 9:44 pm
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 11473

Re: New faster DNS - 1.1.1.1 by CloudFlare

People really need to understand the purpose of DNS and how DNS works before installing the recommended software. You don't need to install any software to use alternate DNS servers. When I clicked on https://1.1.1.1/ it presented me with two options: INSTALL and INFO. I stopped there. Even I do no...
by Shikoku
Sun Apr 08, 2018 9:07 pm
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 11473

Re: New faster DNS - 1.1.1.1 by CloudFlare

FYI CloudFlare recently announced (Apr 1) a new globally available free DNS service at 1.1.1.1 and 1.0.0.1. They claim it is the fastest available and will not log your requesting IP for more than 24 hours. I am trying it out and it seems to work very well. More info here: https://1.1.1.1/ https://...
by Shikoku
Sun Apr 08, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: Want/need some income in semi-retirement
Replies: 90
Views: 8583

Re: Want/need some income in semi-retirement

dm200, How about becoming a (mobile) notary signing agents to facilitate loan closings for the mortgage finance industry? If you do 10 mortgage signing in a month, it will bring at least $1,000. How Do I Become A Notary Signing Agent? https://www.nationalnotary.org/signing-agent/nsa You have been a ...
by Shikoku
Sat Apr 07, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: Want/need some income in semi-retirement
Replies: 90
Views: 8583

Re: Want/need some income in semi-retirement

Any Masters or Ph.D.s in the house? You could teach part-time at your local community college or commuter 4-year. Is this really possible? I have a PhD, but went straight to industry after graduating. Looking around, I haven't seen any possibilities for getting back in as any kind of faculty. Every...
by Shikoku
Sat Apr 07, 2018 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Undecided students and STEM majors
Replies: 51
Views: 5999

Re: Undecided students and STEM majors

I do not think student want to go to UC Davis and UCLA instead of Stanford to earn a computer engineering undergraduate degree. I prefer a non-ABET-accredited computer engineering degree from Stanford over an ABET accredited degree in the same discipline from UC Davis or UCLA. That's great.... if y...
by Shikoku
Sat Apr 07, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Undecided students and STEM majors
Replies: 51
Views: 5999

Re: Undecided students and STEM majors

There is an accrediting agency for engineering curriculums, the ABET. Engineering students do not want to go to a non-ABET school (they may not realize they don't want to, but they don't). In order to be accredited, all undergraduate engineering schools must meet the same requirements on core curri...
by Shikoku
Wed Apr 04, 2018 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 14289

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

KlangFool wrote:
Wed Apr 04, 2018 12:56 pm
In an American culture that saves close to nothing, it is a recipe for disaster.
I could not understand why are you putting down a whole culture.
by Shikoku
Wed Apr 04, 2018 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford this condo?
Replies: 37
Views: 3593

Re: Can I afford this condo?

I'm a freelance writer with limited income and my wife is a parttime employee so our cash flow is low I forgot to include our annual income in the list, which combined is about $185,000 pre-tax. I am curious to know how freelance writing and part-time employment bring $185K per year for two. Very g...
by Shikoku
Tue Apr 03, 2018 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 14289

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

I really do not want to live and eat like them for FIRE. As someone already said that life is too short.
by Shikoku
Tue Apr 03, 2018 7:37 pm
Forum: Personal Consumer Issues
Topic: Convert attached carport to Living Space
Replies: 16
Views: 1640

Re: Convert attached carport to Living Space

Please make sure to contact your city building department and, if applicable, homeowners association before commencing any work.
by Shikoku
Tue Apr 03, 2018 3:30 pm
Forum: Personal Investments
Topic: Annuity w guaranteed 5-6% return [payout]?
Replies: 50
Views: 7713

Re: Annuity w guaranteed 5-6% return?

As noted, TIAA tends to have better lifetime immediate annuity payout rates than most other insurance companies, for those of us who have access to it. I annuitized an additional amount one year ago at age 67 and got a 7.04% payout rate, with 10year guarantee. This was a combination of TIAA Traditi...
by Shikoku
Tue Apr 03, 2018 3:27 pm
Forum: Personal Consumer Issues
Topic: Comparison of grocery prices?
Replies: 47
Views: 5666

Re: Comparison of grocery prices?

We live in the suburb of a MCOL area. Grocery prices here are comparable to other areas. The only exception: We buy fat-free lactose-free organic milk from Whole Foods Market at $5.39 per half gallon, i.e., $10.78 per gallon. Ouch!
by Shikoku
Tue Apr 03, 2018 2:28 pm
Forum: Personal Investments
Topic: Annuity w guaranteed 5-6% return [payout]?
Replies: 50
Views: 7713

Re: Annuity w guaranteed 5-6% return?

As noted, TIAA tends to have better lifetime immediate annuity payout rates than most other insurance companies, for those of us who have access to it. I annuitized an additional amount one year ago at age 67 and got a 7.04% payout rate, with 10year guarantee. This was a combination of TIAA Traditi...
by Shikoku
Mon Apr 02, 2018 11:09 pm
Forum: Investing - Theory, News & General
Topic: Anyone hold any defensive funds in their portfolio?
Replies: 41
Views: 5450

Re: Anyone hold any defensive funds in their portfolio?

Yes, 33% of our portfolio is TIAA Traditional which is earning a guaranteed 3.22%.
by Shikoku
Mon Apr 02, 2018 8:42 pm
Forum: Personal Investments
Topic: Annuity w guaranteed 5-6% return [payout]?
Replies: 50
Views: 7713

Re: Annuity w guaranteed 5-6% return?

We are a bit older, and last week we spoke with our TIAA rep to start getting ideas about retirement strategies when DH finally decides to retire in a few years. (He is one of the lucky ones who still gets great satisfaction from his job.) IF we were to get a joint SPIA (life annuity, with 75% to s...
by Shikoku
Mon Apr 02, 2018 8:17 pm
Forum: Personal Investments
Topic: Annuity w guaranteed 5-6% return [payout]?
Replies: 50
Views: 7713

Re: Annuity w guaranteed 5-6% return?

We are a bit older, and last week we spoke with our TIAA rep to start getting ideas about retirement strategies when DH finally decides to retire in a few years. (He is one of the lucky ones who still gets great satisfaction from his job.) IF we were to get a joint SPIA (life annuity, with 75% to s...
by Shikoku
Sun Apr 01, 2018 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 17341

Re: What age is the best to give a child control of an inheritance?

mnnice wrote:
Sat Mar 31, 2018 10:02 pm
As it is written that we would have a testimary trust with a corporate trustee til 25 at which point each kid would get full control of his share.
It seems you mean testamentary trust.
by Shikoku
Sun Apr 01, 2018 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 17341

Re: What age is the best to give a child control of an inheritance?

Stormbringer wrote:
Sat Mar 31, 2018 9:50 pm
warner25 wrote:
Sat Mar 31, 2018 8:39 pm
I want to ask gasdoc (or anyone else in this position), what is the purpose of passing on an inheritance to adult children?
Because I would feel like a real jerk disinheriting my daughter for no good reason.
Well said.
by Shikoku
Sun Apr 01, 2018 5:23 pm
Forum: Personal Investments
Topic: I've made it to 30 years old and would like some portfolio help.
Replies: 18
Views: 3638

Re: I've made it to 30 years old and would like some portfolio help.

At least your emergency fund part of the financial planning needs more attention. I will be concerned if my 30-year old child has a 300K portfolio but 3K emergency fund because he can rely on me in emergency. Have you discussed it with your family? Congratulations to making it to 30 years!
by Shikoku
Sat Mar 31, 2018 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Should I loan my child money for college?
Replies: 73
Views: 6865

Re: Should I loan my child money for college?

To reinforce some of it, I would add part of my experience: My first degree was a 2 year degree from a community college. My second was a B.S. from a state school. My 3rd degree was an M.D. from a state medical school. I wouldn't do it differently. Herekittykitty: You are an exception, not the norm...
by Shikoku
Sat Mar 31, 2018 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Should I loan my child money for college?
Replies: 73
Views: 6865

Re: Should I loan my child money for college?

Seems OP has sufficient fund to support daughter's education. I understand that OP is retired but Department of Education calculates Expected Family Contribution (EFC) for a reason. Should we not fund our children's education even when EFC calls for it in the name of retirement? I am confused, or I ...
by Shikoku
Sat Mar 31, 2018 8:29 pm
Forum: Investing - Theory, News & General
Topic: What’s the magic savings rate???
Replies: 94
Views: 16670

Re: What’s the magic savings rate???

I read this here years ago and think it is probably true: *Save 10% and you'll do fine *Save 20% and you'll thrive *Save 30% and you'll be wealthy This one hits home close. My employer's unwritten policy is to contribute sufficient amount to the tax deferred account of employees so that they can re...
by Shikoku
Sat Mar 31, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: What’s the magic savings rate???
Replies: 94
Views: 16670

Re: What’s the magic savings rate???

Pajamas wrote:
Fri Mar 30, 2018 11:42 am
Save and invest everything you don't spend.

Spend to fulfill needs and some wants. Don't become extravagant just because you have more income if you want to be financially independent.
This is what I do, and I call it "Pay Yourself Last" approach.
by Shikoku
Fri Mar 30, 2018 11:59 am
Forum: Investing - Theory, News & General
Topic: KF Annual Expense Based Personal Finance Strategy
Replies: 149
Views: 8817

Re: KF Annual Expense Based Personal Finance Strategy

Annual expense = gross income - tax (Federal, State, Local + Social Security + Medicare) - Savings. KlangFool, Glad that the system works for you. I also use a similar formula which is based on "Pay Yourself Last" strategy. Savings = Gross Income - Tax - Expense. I want to live first and sometime e...
by Shikoku
Thu Mar 29, 2018 10:51 pm
Forum: Investing - Theory, News & General
Topic: KF Annual Expense Based Personal Finance Strategy
Replies: 149
Views: 8817

Re: KF Annual Expense Based Personal Finance Strategy

Annual expense = gross income - tax (Federal, State, Local + Social Security + Medicare) - Savings. KlangFool, Glad that the system works for you. I also use a similar formula which is based on "Pay Yourself Last" strategy. Savings = Gross Income - Tax - Expense. I want to live first and sometime e...
by Shikoku
Thu Mar 29, 2018 10:08 pm
Forum: Investing - Theory, News & General
Topic: KF Annual Expense Based Personal Finance Strategy
Replies: 149
Views: 8817

Re: KF Annual Expense Based Personal Finance Strategy

Annual expense = gross income - tax (Federal, State, Local + Social Security + Medicare) - Savings. KlangFool, Glad that the system works for you. I also use a similar formula which is based on "Pay Yourself Last" strategy. Savings = Gross Income - Tax - Expense. I want to live first and sometime e...
by Shikoku
Wed Mar 21, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College vs Starting Income
Replies: 94
Views: 5692

Re: Cost of College vs Starting Income

2) My family uses health and happiness as the first measure of success. Financial independence has a lower priority when measuring success. We consider money as important but it is not the most important thing in life that we have to measure success by money. Shikoku, Did you face starvation regula...
by Shikoku
Wed Mar 21, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College vs Starting Income
Replies: 94
Views: 5692

Re: Cost of College vs Starting Income

1) I prefer best possible education for our children to get started. To us, better the education, higher the chance of success. And that is why my parents spent for the best possible undergraduate education for me. This is very much career dependent. Did you get a Liberal Arts School degree? That's...
by Shikoku
Wed Mar 21, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College vs Starting Income
Replies: 94
Views: 5692

Re: Cost of College vs Starting Income

KF, It is unfortunate when students are not able to succeed in completing their undergraduate program from multiple standpoints (not just financial and emotional). While the adult student is ultimately responsible for completing their degree, many college age individuals are not yet at their full c...
by Shikoku
Tue Mar 20, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College vs Starting Income
Replies: 94
Views: 5692

Re: Cost of College vs Starting Income

Why are y’all paying for someone else’s education? Military service, loans, working part or full time are still viable options to finance one’s education. Also, it’s a great way to accelerate the maturity curve. One of the reasons: It is in the DNA. My parents paid for my undergraduate education, a...
by Shikoku
Tue Mar 20, 2018 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College vs Starting Income
Replies: 94
Views: 5692

Re: Cost of College vs Starting Income

1) Diversity. It is important and useful for children to learn to socialize and work with all kinds of people. 2) I live in a very affluent neighborhood. My kids go to high school with smart kids. If they go to a selective college, they will socialize with exactly same kind of people that they grew...
by Shikoku
Tue Mar 20, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College vs Starting Income
Replies: 94
Views: 5692

Re: Cost of College vs Starting Income

1) Diversity. It is important and useful for children to learn to socialize and work with all kinds of people. 2) I live in a very affluent neighborhood. My kids go to high school with smart kids. If they go to a selective college, they will socialize with exactly same kind of people that they grew...