Search found 26 matches

by olliema
Sat Oct 26, 2019 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 11538

Re: Ok to go without health insurance?

Ironically a doctor would know the medical risks best.

How certain are you that you, or your family will not get sick or injured?

Is the benefit worth the cost? Sounds like a gamble I would avoid.

This is a proposition that poor people have deal with - be glad you are not one of them.
by olliema
Sun Oct 13, 2019 6:54 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1082
Views: 119574

Re: What frugal thing did you do today?

.... 5. converted an old B&N gift card I would never use at Target to buy tax software and deodorant, saving $32 .... How do you convert a gift card for Barnes and Noble at Target? Go to the electronics dept and they have a way of doing it. 99% chance the employee will be doing it for the 1st time....
by olliema
Sun Oct 13, 2019 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Managing the pressure?
Replies: 20
Views: 4803

Re: Managing the pressure?

If you got lifted up that is because they believed in you and likely because of strong technical competence. That is awesome. Top advice: be intentional in your leadership style (consultative vs. directive), have good situational awareness (listen a lot), and self awareness (know yourself), be yours...
by olliema
Sun Aug 11, 2019 8:54 am
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 10865

Re: Healthy fast food

2. Be deliberate when you eat: If you do not eat for 12 to 16 hours your body will process the food you eat very differently. If you have your last meal at 7PM and wake up, have some coffee, water, and hit the road, when you eat at 12PM your body will metabolize the food differently. Ha? I would co...
by olliema
Sun Aug 11, 2019 8:05 am
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 10865

Re: Healthy fast food

To letter of your question, I would add Starbucks as a place to grab a quick bite of food (Sandwiches and coffee for breakfast or lunch) But I might reconsider the the question - how can I avoid road trips from impacting my health? Make at least 18 of your 21 principal weekly meals a week healthy, u...
by olliema
Thu Aug 08, 2019 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Taking a graduate data science job offer, or doing a MSc in Statistics
Replies: 34
Views: 2303

Re: Taking a graduate data science job offer, or doing a MSc in Statistics

Congrats on your achievements - you're off to a great start. I was in a similar place a long time ago - I took the job - and never looked back. Let's visualize - the story is optimistic (as you should be) - does this sound good to you? Point is to visualize the possibilities - then pick the path tha...
by olliema
Mon Jul 22, 2019 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Potential New Job
Replies: 13
Views: 1633

Re: Potential New Job

I would intently reflect on three things before doing anything: 1 - What I want to get (take) from my work life - compensation, recognition, flexibility, learning, power, etc. 2 - What gives me the most purpose and passion - what work experiences have made me most proud? 3 - When prior jobs didn't t...
by olliema
Fri Jul 19, 2019 7:47 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1082
Views: 119574

Re: What frugal thing did you do today?

not all in one day, but a few key ones over past few months: 1. bought 3x jars of peanut butter at WF to get an amazon 'prime day' credit which I used to buy a replenishment item, saving $10 2. found a public link to discounted aquarium tickets and went off hours, saving $36 3. overheard wife say sh...
by olliema
Fri Jul 19, 2019 7:26 am
Forum: Personal Finance (Not Investing)
Topic: If you own a sportfishing boat...when did you pull the trigger?
Replies: 18
Views: 1809

Re: If you own a sportfishing boat...when did you pull the trigger?

TL;DR: If you can pay for the boat for cash and you can cash flow $10K+ year for operating costs while maintaining your standard of living and investing, you might be able to afford a 25' sport fishing boat docked at a marina, presuming you spend 50 hours of your manual labor keeping the boat up. Mu...
by olliema
Fri Jul 12, 2019 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Paying cash for a vehicle
Replies: 87
Views: 11069

Re: Paying cash for a vehicle

Reducing the original post to its essence, it seems this was a statement and not direct question, but three implied questions: 1. Do I need a new vehicle? 2. If I buy a new vehicle, can I afford it? 3. If I buy the new vehicle, should I finance it? 1 & 2 are up to the poster to decide. It seems like...
by olliema
Thu Jan 10, 2019 12:16 am
Forum: Personal Finance (Not Investing)
Topic: How do you manage credit card use with monthly budget
Replies: 37
Views: 2620

Re: How do you manage credit card use with monthly budget

If you are dealing with a 5000 buffer, why not just pay your card in full every 5-7 days? You could reduce your hypothetical $700 credit card bill at end of month to a fraction without doing anything different. If what you are really trying to manage is overall cash flow, my system is below: Before ...
by olliema
Tue Jan 08, 2019 9:44 am
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 274
Views: 24834

Re: $40,000 in debt, bankruptcy seems to be the best option right now

OP, sorry to hear of your challenges, but you can get thru this. You have many things in your favor - you're young, you have a family who loves you, you have a job, a roof over your head, food to eat, presumably good health, and you're self aware there's a problem that you need to fix. Close your ey...
by olliema
Fri Jan 04, 2019 9:32 am
Forum: Personal Consumer Issues
Topic: Engagement Ring (Affordable)
Replies: 136
Views: 8535

Re: Engagement Ring (Affordable)

$750 craiglist ring - prior owner's engagement fell through or something like that. Took seller to a reputable jeweler I chose, paid him $50 to appraise the ring for $1500, I paid seller. Give her a $10K allowance to spend the money on whatever she likes - ring, wedding, real estate, vacations, home...
by olliema
Fri Nov 02, 2018 10:43 am
Forum: Personal Investments
Topic: Quick advice - 401(k) xfer via check - avoiding loss due to mkt fluctuation
Replies: 2
Views: 193

Quick advice - 401(k) xfer via check - avoiding loss due to mkt fluctuation

I have 95K in SP500 in old employer 401(k) to be rolled into new employer 401(k) Process will likely take 1-2 wks; I request check, they mail to me, I mail to the new employer, they process, etc. In this market anything can happen in 1-2 weeks, so I want to preserve my AA while the transfer occurs. ...
by olliema
Mon Oct 22, 2018 3:58 pm
Forum: Personal Investments
Topic: Feedback requested on approximating total stock market
Replies: 9
Views: 827

Re: Feedback requested on approximating total stock market

Hey a quick correction on my part - I used the term "managed" intending to mean one of the two plans is administered by Vanguard. It is not actively managed, so therefore the cost is low - I think $10 per quarter or something. Do you have a choice of managed or not? What are extra charges? Looks lik...
by olliema
Mon Oct 22, 2018 6:13 am
Forum: Personal Investments
Topic: Feedback requested on approximating total stock market
Replies: 9
Views: 827

Re: Feedback requested on approximating total stock market

Thanks all for good ideas. I'd end up using both "Option 1" for my 401k w/ 80% of my assets (this plan doesn't offer VEXMX), and "Option 2" at my current employer's 401k which has about 20% of my assets and does offer VEXMX. Or, I could roll the Vanguard managed 401k into the other one and it all in...
by olliema
Sun Oct 21, 2018 10:46 pm
Forum: Personal Investments
Topic: Feedback requested on approximating total stock market
Replies: 9
Views: 827

Re: Feedback requested on approximating total stock market

Hi - thanks for reading - they both offer VIIIX which Vanguard says "seeks to track the performance of the Standard & Poor’s 500 Index, which measures the investment return of large-capitalization stocks". I am trying to get the whole market hence trying to add Mid and Small Cap.
by olliema
Sun Oct 21, 2018 10:15 pm
Forum: Personal Investments
Topic: Feedback requested on approximating total stock market
Replies: 9
Views: 827

Feedback requested on approximating total stock market

(preface: I've read the Wiki on approximating the total stock market https://www.bogleheads.org/wiki/Approximating_total_stock_market) I'm intending to emulate the Total US Stock Market for a portion of my portfolio which does not have Vanguard Total Stock Market as an option. The portfolio will be ...
by olliema
Tue Oct 16, 2018 9:27 am
Forum: Personal Investments
Topic: Completing My Portfolio Re-balance - Feedback?
Replies: 6
Views: 569

Re: Completing My Portfolio Re-balance - Feedback?

Thanks for the reply - this is helpful. Agree that moving to cash is not part of re-balancing unless the goal is to make the long-term AA cash, which I didn't. I think that moving my fund to cash then to the new AA, even if had completed it all, was market timing, which is not my strategy to build w...
by olliema
Tue Oct 16, 2018 8:35 am
Forum: Personal Investments
Topic: Completing My Portfolio Re-balance - Feedback?
Replies: 6
Views: 569

Re: Completing My Portfolio Re-balance - Feedback?

Ron thanks for reading my write-up - to answer your question I started a re-balance earlier this year but never completed it as intended - I left a significant amount in cash, didn't move money to bonds as planned, and did not eliminate the blended/target date funds. I intend to complete my re-balan...
by olliema
Mon Oct 15, 2018 10:37 pm
Forum: Personal Investments
Topic: Completing My Portfolio Re-balance - Feedback?
Replies: 6
Views: 569

Completing My Portfolio Re-balance - Feedback?

I welcome constructive feedback / critique on my planned portfolio balance re-balance approach. Details on my situation, objectives (and non-objectives) are below; I put current investments and future investments is in code tables at bottom. In-scope problems: 1. Simplify investment mix 2. Reduce in...
by olliema
Sun Sep 16, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: Barron's US market analysis
Replies: 6
Views: 482

Barron's US market analysis

I thought this was a good article that led with facts and statistics as related to the bull market, and might be worth a scan. Would be interested in counter arguments to their position that 2020 or thereabouts will have many factors that put the US market in a flat or bear market. The part where th...
by olliema
Sun Jun 03, 2018 10:57 pm
Forum: Personal Consumer Issues
Topic: steel cut oats in bulk
Replies: 50
Views: 5066

Re: steel cut oats in bulk

If OP's user name indicates area of residence, I would try the Dekalb Farmer's market. They sell organic oats and many other things in bulk for pennies on the dollar.
by olliema
Sun Jun 03, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Max out 401k w/credit card debt?
Replies: 30
Views: 2308

Re: Max out 401k w/credit card debt?

Can you max out your 401k while paying off your credit card debt and not incur new revolving debt in the process? Think about your priorities Investing 9,600/yr for kid's college Investing 18,500/yr for retirement Paying _____ / yr to remove CC debt Kids can borrow for college, you can't borrow for ...
by olliema
Sun Jun 03, 2018 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Career Move: Please convince me why I should not work in tech
Replies: 74
Views: 9558

Re: Career Move: Please convince me why I should not work in tech

Some abstract thoughts to consider: ¨Working in tech vs. working in business" - is old way of thinking / defining things - these groups work together usually as one. If they do not - run away "Outsourcing" - only #3 of value chain below can be a pure commodity, and that is being reduced with new-er ...
by olliema
Sun Mar 11, 2018 10:59 pm
Forum: Personal Investments
Topic: Intro & advice requested on rebalancing
Replies: 3
Views: 554

Intro & advice requested on rebalancing

Hi - I have followed the forum over the past few months. I am 45 and working to build financial independence so I can retire in about 15 years. I am seeking advice on a portfolio re-balance, which I have not done in about a decade (I am very hands-off, a little too hands off perhaps) My goal is to g...