Search found 239 matches

by GT99
Wed Sep 18, 2019 11:54 am
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 8481

Re: Do You Tip At Counter Service Restaurants?

2. Customers lose If that were true, then the tipping model should extend to all retail establishments, not just restaurants. You want to buy a shirt? The store owner , by that argument, should not be required to pay the worker a decent wage. Your shirts would be cheaper and you could give the sale...
by GT99
Wed Sep 18, 2019 11:42 am
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 8481

Re: Do You Tip At Counter Service Restaurants?

Alas, nobody wins when you take away the tip model. Most other countries might do it that way, but most other countries have far worse restaurant service than the US - I've spent many months in Europe and noticed this very consistently. I've heard this from others but I have spent a lot of time liv...
by GT99
Tue Sep 17, 2019 4:31 pm
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 8481

Re: Do You Tip At Counter Service Restaurants?

Yes, usually. I don't like doing it....I wish restaurant owners and other owners of establishments were forced to pay a minimum wage. I would rather them pay their employees more and charge me more for food and drinks, as the system should work and as it works in other countries. With a $15 minimum...
by GT99
Tue Sep 17, 2019 5:16 am
Forum: Personal Consumer Issues
Topic: Anyonw driving Uber for fun and pocket money in retirement?
Replies: 89
Views: 7810

Re: Anyonw driving Uber for fun and pocket money in retirement?

I'm surprised noone said that this is super dangerous gig, driving uber. You picking up strangers, who knows what they can do to you especially if they see an older person. You can get attacked, you can get sued. Def buy camera and record everything so that you have evidence in case something happe...
by GT99
Mon Sep 16, 2019 8:40 pm
Forum: Personal Investments
Topic: Emp Stock Purchase vs 401k increase
Replies: 28
Views: 1522

Re: Emp Stock Purchase vs 401k increase

I'm kind of surprised at the answers here - IF the funds are intended for retirement and you don't need near term liquidity, funding 401k first seems like a no-brainer. Lets assume you're single and make $100k year, putting you in the 24% tax bracket (I'm going to ignore state taxes, but that should...
by GT99
Mon Sep 16, 2019 12:08 pm
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 8481

Re: Do You Tip At Counter Service Restaurants?

Why don’t we tip grocery store baggers? They’re also providing a service and are low paid. Many would say you should, and would in fact assert that anyone who provides any personal service whatsoever deserves a generous tip. And if you don't agree, and comply, you're simply a bad person. I bagged g...
by GT99
Tue Aug 27, 2019 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage question
Replies: 15
Views: 1591

Re: mortgage question

Perhaps get a 7/1 ARM (rate should be much lower than 30 year fixed), then use the dividends and capital gain distributions from your taxable account to make additional payments to principal. You avoid paying capital gains, get a better rate by taking the ARM, and accelerate the early payoff of the...
by GT99
Mon Aug 26, 2019 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning - Attorney vs DIY
Replies: 27
Views: 1989

Re: Estate planning - Attorney vs DIY

Thanks for all the responses! Some thoughts: I thought $1500 seemed low - that was the number DW came up with from her friend, who I would assume has a more complicated estate than ours (friend's husband was making $500k+ with an inexpensive lifestyle when they met - i.e. he had lots of savings befo...
by GT99
Mon Aug 26, 2019 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning - Attorney vs DIY
Replies: 27
Views: 1989

Estate planning - Attorney vs DIY

DW and I created a will 5 years ago when kid1 was born, but we have not really done much from an estate planning perspective since then, and kid2 is now 18 months old. She was recently speaking with a friend who recommended a lawyer they just used for their own estate planning, and DW wants to sched...
by GT99
Thu Aug 22, 2019 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 16852

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

The only time I've ever had anywhere near 50% downtime was when I was consulting at a megabank years ago. That place was crazy siloed - I constantly had to wait for other people to do things I was fully capable of doing buy wasn't allowed to because of their non-value added "processes". So I was the...
by GT99
Tue Aug 20, 2019 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Best place for Shopping mortgage refi rates?
Replies: 12
Views: 1009

Re: Best place for Shopping mortgage refi rates?

I'd love to hear more responses. I'm currently at 4.125% on a 30 year $540k mortgage -just started looking at options to bring it down. Best I've got right now is from a local credit union for 3.625% with $2900 in closing costs (keeping it at 30 years). Costco and Quicken Loans didn't give me anythi...
by GT99
Mon Aug 19, 2019 8:32 pm
Forum: Personal Investments
Topic: Fidelity REITs
Replies: 13
Views: 1183

Re: Fidelity REITs

codedude wrote:
Mon Aug 19, 2019 7:32 pm
Fidelity real estate index fund (ticker FSRNX, exp ratio 0.07%) is a great choice at Fidelity.
I literally just moved 5% of my portfolio into this today.
by GT99
Mon Aug 19, 2019 8:28 pm
Forum: Investing - Theory, News & General
Topic: Major CEOs say shareholder value is no longer their main objective
Replies: 11
Views: 1391

Re: Major CEOs say shareholder value is no longer their main objective

I would fundamentally disagree that continuing as things are now makes this statement hogwash. Despite the cynical view many people take about big business, and the predominantly negative press most big corporations get on business practices, most companies operate this way now. It's good business. ...
by GT99
Fri Aug 16, 2019 11:09 am
Forum: Personal Consumer Issues
Topic: Best secure email to use instead of gmail?
Replies: 53
Views: 5394

Re: Best secure email to use instead of gmail?

What exact problem are you trying to solve? And if it's privacy related, can you be specific? Personally, I don't care if Google uses information they glean from my emails to serve more appropriate advertising to me. That's the primary way they are using my data. They're not selling anything persona...
by GT99
Wed Aug 14, 2019 11:35 am
Forum: Personal Finance (Not Investing)
Topic: "Negotiating" Salary
Replies: 74
Views: 5541

Re: "Negotiating" Salary

That me against them attitude many folks have towards salary negotiation is unfortunate. Your entering into what should be a mutually beneficial partnership with an employer. If one side "loses" at salary negotiation, nobody wins. I've been on both sides of this many times in recent years (I've buil...
by GT99
Tue Aug 13, 2019 12:17 pm
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 10308

Re: Healthy fast food

RobLyons wrote:
Sun Aug 11, 2019 6:30 pm
The thing is, there is no healthy or unhealthy food.
This is probably the single most incorrect statement I've ever read on this board. It's the equivalent of saying there's no healthy or unhealthy gasses that we breath.
by GT99
Mon Aug 12, 2019 11:37 am
Forum: Personal Consumer Issues
Topic: Critique my exercise routine because it's not working for me
Replies: 160
Views: 8937

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

I would like to comment on a few things: 1) If you are keeping calorie counts low by eating "diet foods," you will be surprised to know that nutrasweet has been shown to increase fat stores. Your brain tastes sweet coming in and releases insulin which tells your body to store and create fat. Theref...
by GT99
Mon Aug 12, 2019 7:34 am
Forum: Personal Consumer Issues
Topic: Critique my exercise routine because it's not working for me
Replies: 160
Views: 8937

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

Specifically I'm avoiding a super elevated heart rate as part of training, opting to build heart health through low stress aerobic training for the most part. I used to do the opposite with lots of interval swimming and running, as I do Ironmans. Ive been in a few events where long time fit people ...
by GT99
Sat Aug 10, 2019 12:27 pm
Forum: Personal Consumer Issues
Topic: Critique my exercise routine because it's not working for me
Replies: 160
Views: 8937

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

Day 1: cardio Day 2: chest/shoulders/tris Day 3: cardio Day 4: legs Day 5: cardio Day 6: back/bis Day 7: relax This is the classic approach that most people were doing up until 10-15 years ago, myself included. You won't find many trainers or professional athletes who follow a regiment like this an...
by GT99
Sat Aug 10, 2019 12:22 pm
Forum: Personal Consumer Issues
Topic: Critique my exercise routine because it's not working for me
Replies: 160
Views: 8937

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

Try a keto diet and you will be amazed.Not for everybody but its the only diet I have ever done were I lost my love handles and gut fat first and didn't have to starve myself.I do jog a few miles 3 days of week and do some push ups etc. People should try Keto, low fat, intermediate fasting, zone, 6...
by GT99
Fri Aug 09, 2019 12:19 pm
Forum: Personal Consumer Issues
Topic: Critique my exercise routine because it's not working for me
Replies: 160
Views: 8937

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

I've been doing the following exercise routine for about 9 months now with only minor progress (i.e., loss of belly). Specifically, I am not looking for weighing less on the scale but the "pants test" - my pants should feel looser. Day 1 - 40 mins of cardio (some combo of treadmill/elliptical, but ...
by GT99
Thu Aug 08, 2019 11:55 am
Forum: Personal Consumer Issues
Topic: Amazon -- no longer the lowest prices, evidently
Replies: 120
Views: 12445

Re: Amazon -- no longer the lowest prices, evidently

Amazon is rarely the cheapest. This has been studied and quantified. The real kicker to me has been that recently I have twice found Amazon Basics brand items (new) cheaper on Ebay than they were on Amazon. I'd love to see where this is studied and quantified - in my experience "rarely" is a big ex...
by GT99
Fri Aug 02, 2019 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can I afford (really)?
Replies: 23
Views: 2571

Re: How much house can I afford (really)?

Your "stats" are very similar to ours, including 2 young kids. Our income is a bit higher. We've tried to set up our finances so that we won't have an issue if 1 of us is out of work - we bought a $690k house last year, and $750k (maybe $800k) was our upper bound.
by GT99
Fri Aug 02, 2019 8:15 pm
Forum: Personal Consumer Issues
Topic: Wood Kitchen Counter Tops
Replies: 23
Views: 1842

Re: Wood Kitchen Counter Tops

The answers here are fascinating to me. My first home had butcher block counters, including around the sink. I lived there for 10 years (and rented it out for 3 years after). I oiled the counters maybe annually (and never did after I moved out and rented it - at least not until I sold). I did have a...
by GT99
Fri Aug 02, 2019 12:25 pm
Forum: Personal Consumer Issues
Topic: Which car to buy?
Replies: 42
Views: 3703

Re: Which car to buy?

Planning to buy an used SUV as we intend to start a family soon and also because SUV's offer much more safety and reliability than sedans. Much more safety is highly debatable, and more reliability is just straight up false (I'm not aware of any correlation between vehicle type and reliability - if...
by GT99
Fri Aug 02, 2019 10:52 am
Forum: Personal Consumer Issues
Topic: Which car to buy?
Replies: 42
Views: 3703

Re: Which car to buy?

Planning to buy an used SUV as we intend to start a family soon and also because SUV's offer much more safety and reliability than sedans. Much more safety is highly debatable, and more reliability is just straight up false (I'm not aware of any correlation between vehicle type and reliability - if...
by GT99
Fri Aug 02, 2019 10:50 am
Forum: Personal Investments
Topic: Pay off $17k student loan or max out 401k this year?
Replies: 48
Views: 3248

Re: Pay off $17k student loan or max out 401k this year?

These aren't your only two options. Assuming you have no other debt, have adequate life/health/disability insurance, and have no pressing short term financial goals that would otherwise require debt, I would: 1. Contribute enough to get your 401k match. 2. Max a Roth IRA (you can make backdoor Roth...
by GT99
Wed Jul 31, 2019 8:22 pm
Forum: Personal Consumer Issues
Topic: Which car to buy?
Replies: 42
Views: 3703

Re: Which car to buy?

Planning to buy an used SUV as we intend to start a family soon and also because SUV's offer much more safety and reliability than sedans. Much more safety is highly debatable, and more reliability is just straight up false (I'm not aware of any correlation between vehicle type and reliability - if...
by GT99
Wed Jul 24, 2019 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Update with Part 2: What would it take for you, the non-landlord, passive-investor, to become a landlord?
Replies: 57
Views: 4337

Re: What would it take for you, the non-landlord, passive-investor, to become a landlord?

I'm probably more inclined to be a landlord than others here in general. Obviously it depends on the rental amount, but for me, if your parents were 10 years older (probably 15), I'd probably rent it out. But at 68/69, there's a very good chance you'll be renting for 20+ years (unless you want to ge...
by GT99
Tue Jul 16, 2019 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Do you care about your home appreciating?
Replies: 91
Views: 5189

Re: Do you care about your home appreciating?

No, my house is my home. It is not an investment. Best of luck. I agree that my home is not an investment, BUT that doesn't mean you don't care about it appreciating. Let's look at another example - it's very rare to look at a car as an investment. But I do care a bit about buying a car that will d...
by GT99
Thu Jul 11, 2019 9:52 pm
Forum: Personal Consumer Issues
Topic: Sandals with arch support
Replies: 30
Views: 2648

Re: Sandals with arch support

I also need good arch support. I've don't wear sandals nearly as much as I used to, but rather than buy expensive sandals to fit my foot, all I did was buy silicon arch supports with adhesive (I actually added gorilla glue to make sure they stayed put =) and attached them to my sandals. Search for "...
by GT99
Wed Jul 10, 2019 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: When to refinance
Replies: 6
Views: 456

Re: When to refinance

No reputable lender is going to have fees that make that kind of a refinance not worth it.
by GT99
Fri Jun 28, 2019 11:31 am
Forum: Personal Consumer Issues
Topic: Picking up New Subaru-Worth buying extended warranty?
Replies: 58
Views: 16339

Re: Picking up New Subaru-Worth buying extended warranty?

The dealer offered me an extended warranty, tire warranty, key warranty, a ceramic coating option and glass protection. All of this adds up and I've never been a big fan of extended warranties. The guy at the dealer said that everything is so computerized with this car that I should consider it. I ...
by GT99
Fri Jun 28, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: how much to finance a new car at .9%
Replies: 57
Views: 4126

Re: how much to finance a new car at .9%

Just a bit of advice, If you do choose to pay in cash, don't reveal this information until you settle on the final price. First, I think the dealership makes some profit on financing, so they may be willing to give you a good deal on the car if they think you are going to finance with them. And sec...
by GT99
Fri Jun 28, 2019 11:13 am
Forum: Personal Consumer Issues
Topic: how much to finance a new car at .9%
Replies: 57
Views: 4126

Re: how much to finance a new car at .9%

Putting the car aside... would you walk into your local bank and borrow $33k at to invest? If no, then pay off your car today. Like others have said, the spread is minimal and your earnings would probably buy you an extra Big Mac each year (metaphorically speaking). If a bank offered you 0.9% finan...
by GT99
Sun Jun 23, 2019 9:05 pm
Forum: Personal Consumer Issues
Topic: How do you approach tipping at carry-out restaurants
Replies: 111
Views: 7964

Re: How do you approach tipping at carry-out restaurants

Tipping is just stupid, plain and simple. Many other countries don't tip and you still get good service. In the US, tipping is just a bribe. Don't tip and no good service? No, it should come with the meal. I've spent a lot of time in Europe and I wholeheartedly disagree with this. Restaurant and ba...
by GT99
Sun Jun 23, 2019 8:54 pm
Forum: Personal Consumer Issues
Topic: How do you approach tipping at carry-out restaurants
Replies: 111
Views: 7964

Re: How do you approach tipping at carry-out restaurants

In other countries, restaurants pay their employees a proper wage. Servers in many states get a base wage of $2.13 an hour, though some (not all) do end up getting minimum wage if their tips do not add up to the equivalent amount: https://www.dol.gov/whd/state/tipped.htm The only way to change this...
by GT99
Wed Jun 19, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire in 1 year at 53
Replies: 54
Views: 9862

Re: Can I retire in 1 year at 53

I'm 10 years younger than you and have 2 young kids, and if I had those numbers, I'd be retired right now.
by GT99
Mon Jun 17, 2019 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Maternity and Paternity leave policies
Replies: 56
Views: 3427

Re: Maternity and Paternity leave policies

Do you have a relationship with a locum tenens provider? That's exactly what my sister does for a living (staffs locum tenens physicians) and it seems like a fairly popular way to work for physicians. A good relationship with a provider can simplify the burden of replacing someone who is out (apolog...
by GT99
Mon Jun 17, 2019 4:11 pm
Forum: Personal Consumer Issues
Topic: My Cost of Progressive Lenses/glasses - did I pay too much?
Replies: 69
Views: 4186

Re: My Cost of Progressive Lenses/glasses - did I pay too much?

Yes. I just got progressive lenses for my FIL for father's day. 2 sets for just around $130 total from Zenni Optical. You can prob get the same configuration, with all the bells and whistles (including the thinnest kind of lens), all sorts of coatings, and other features for under $150 each at the ...
by GT99
Fri Jun 14, 2019 11:20 am
Forum: Investing - Theory, News & General
Topic: How have your homes as investments done?
Replies: 212
Views: 22708

Re: How have your homes as investments done?

I'm kind of in the middle in most of the rent vs buy debates on here, but buying has worked great for me. Home 1: Bought for 205k and sold for 205k 13 years later, BUT I collected over $90k in rent on it and most importantly the first 2 years I lived there I had roommates paying me rent that covered...
by GT99
Thu Jun 13, 2019 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Professional work titles
Replies: 30
Views: 2783

Re: Professional work titles

To me, the most important part of a title is how it looks on your resume for your next job. If you're applying for a director level position, and a recruiters sees your most recent title is "Manager" they night not look close enough to see you have 50 people under you (having 50 people under you wit...
by GT99
Mon Jun 10, 2019 4:23 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 14362

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Had to mention, as a car guy, it's funny seeing how often Doug DeMuro comes up in car threads - I knew Doug DeMuro before before he became a writer/Youtube personality. Good guy, very sharp, and not someone I would have expected to be so good on screen - he's quirky as hell (I don't mean that as a k...
by GT99
Mon Jun 10, 2019 11:14 am
Forum: Personal Consumer Issues
Topic: How to get good at a racket sport without coaching?
Replies: 43
Views: 1483

Re: How to get good at a racket sport without coaching?

1) Hate to say it, but I wonder if this is a mechanical thing or a mental toughness thing? The second sentence above clued me into that. You won't play tournaments? This is a big part of getting better, adding that additional stress will help your game and grow mental toughness. 2) If you don't lea...
by GT99
Sun Jun 09, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 20083

Re: Paying for rent is throwing away money...myth?

There are a lot of factors here, but the 2 key ones, IMO, are how long you will live there and how fiscally responsible you are. Unless you get lucky with market timing, I'd say if you're going to stay somewhere less than 5 years, renting will come out ahead the large majority of the time. At 20+ ye...
by GT99
Thu Jun 06, 2019 11:17 am
Forum: Personal Consumer Issues
Topic: Resort vacation w/ 6 month old...?
Replies: 30
Views: 1791

Re: Resort vacation w/ 6 month old...?

I have 5 year old and a 16 month old, and I'll echo a lot of what's said. Kids are so different. My 5 year old was a super-easy baby. Slept 8+ hours through the night starting at 7 weeks, good eater, not super active (even after crawling, we could put her down around toys, and she'd be completely ha...
by GT99
Tue Jun 04, 2019 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Tell us your side hustle success stories.
Replies: 68
Views: 7259

Re: Tell us your side hustle success stories.

??? What does "hustle" mean, nowadays? To me it means--or used to mean--just what the American Heritage Dictionary says: a. To obtain something by deceitful or illicit means; practice theft or swindling. b. To solicit customers. Used of a pimp or prostitute. c. To misrepresent one's ability in orde...
by GT99
Tue Jun 04, 2019 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at 56?
Replies: 34
Views: 6148

Re: Can I retire at 56?

Bogleheads are a conservative bunch. I am not sure what it would take for people here to say "yes, you can retire early safely". I think it is mainly because there is no absolute safety, which is what many seem to be looking for. So, you have to think in terms of probabilities, and risk trade offs....
by GT99
Mon Jun 03, 2019 4:43 pm
Forum: Personal Investments
Topic: Is Investing in Roth IRA worth it?
Replies: 21
Views: 2296

Re: Is Investing in Roth IRA worth it?

No disrespect intended, but this is a very strange way to look at it. Inflation will impact your true investment returns no matter how you invest it. Why are you using that specifically as a mark against Roth IRAs? Using your example, you've made $295k return on your investment. Let's pretend you're...
by GT99
Mon Jun 03, 2019 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Debt vs Savings
Replies: 47
Views: 4552

Re: Debt vs Savings

I would pay off 11% credit card debt even at the expense of an emergency fund. Worst case scenario is you need to use the credit card again, at least you won't be paying 11% in the interim. Absolutely this. If you can still use the credit card, then it becomes your emergency fund. Put the $3k in sa...