Search found 92 matches

by JTColton
Tue Jun 18, 2019 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: Maternity and Paternity leave policies
Replies: 56
Views: 3822

Re: Maternity and Paternity leave policies

What do you mean by "paternity" leave? Maternity = mothers Paternity = fathers I get that. I just didn’t know this was really a thing extended to males. When my wife had our kids 13 and 15 years ago I was allowed to take the day off for the delivery. It never would have crossed my mind to ask for m...
by JTColton
Tue Jun 18, 2019 1:55 am
Forum: Personal Finance (Not Investing)
Topic: Maternity and Paternity leave policies
Replies: 56
Views: 3822

Re: Maternity and Paternity leave policies

toofache32 wrote:
Mon Jun 17, 2019 8:19 pm
What do you mean by "paternity" leave?
Maternity = mothers
Paternity = fathers
by JTColton
Sun Jun 16, 2019 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice — asking for the “gray hair perspective”
Replies: 50
Views: 4611

Re: Career advice — asking for the “gray hair perspective”

You're rocking the boat/gravy train and the partners don't like it, you are possibly PNG at partner level already. Sounds like a perfect case study of starting your own firm, save your clients time and money. If you were to leave can you bring clients with you or will you be subject to a non-compete?
by JTColton
Sun Jun 16, 2019 11:36 am
Forum: Investing - Theory, News & General
Topic: So much for financial predictions, eh?
Replies: 46
Views: 5091

Re: So much for financial predictions, eh?

"Nobody knows nothing" indeed!
by JTColton
Sun Jun 16, 2019 11:03 am
Forum: Personal Investments
Topic: Is Vanguard down?
Replies: 20
Views: 2629

Re: Is Vanguard down?

No issues for me.
by JTColton
Sat Jun 15, 2019 11:58 pm
Forum: Investing - Theory, News & General
Topic: The Case Against ETFs
Replies: 193
Views: 11223

Re: The Case Against ETFs

I think that the main concern the OP had is that there is now the perception (reality?) that Vanguard is promoting ETFs over mutual funds. The OP wanted to know the rationality behind this decision. I think that his/her concerns could have been addressed more appropriately. Completely false, from t...
by JTColton
Sat Jun 15, 2019 6:46 am
Forum: Personal Investments
Topic: ** UPDATED - tender offer - PEMEX (Petróleos Mexicanos) Bonds --- investment grade --- nice yield
Replies: 13
Views: 1801

Re: PEMEX (Petróleos Mexicanos) Bonds --- investment grade --- nice yield

Mexico's oil output has been falling for about 15 years and with current politics there what they are, not a very safe place for money.
by JTColton
Fri Jun 14, 2019 8:18 am
Forum: Personal Consumer Issues
Topic: Which shaving cream / oil?
Replies: 58
Views: 4691

Re: Which shaving cream / oil?

Discussing shaving, I am reminded that my maternal grandfather - until into his nineties - shaved with a straight razor. It was fascinating watching him. He would use some kind of strap to make the razor "sharper", use a brush to make the lather in a container and use a small mirror in shaving. Onc...
by JTColton
Fri Jun 14, 2019 8:17 am
Forum: Investing - Theory, News & General
Topic: The Case Against ETFs
Replies: 193
Views: 11223

Re: The Case Against ETFs

This is the study of 8,000 German investors? If anything, ETFs make more sense to me. - Real time pricing/buying - No minimums - Low ER - Tax efficient - Can move brokerages with them The inability of people to adhere to an investment strategy is no more a reason to hate ETFs than to hate smartphone...
by JTColton
Thu Jun 13, 2019 8:07 am
Forum: Personal Consumer Issues
Topic: Which shaving cream / oil?
Replies: 58
Views: 4691

Re: Which shaving cream / oil?

Proraso Green across the board for cream/soap and after-shave.

I don't use oil but the Proraso Green Pre/Post in the small jar.

Astra Super Plat blades.
by JTColton
Thu Jun 13, 2019 7:46 am
Forum: Investing - Theory, News & General
Topic: Vanguard ETF Marketing
Replies: 17
Views: 1280

Re: Vanguard ETF Marketing

Did you read the article? The study “Abusing ETFs,” has been accepted for publication in the Review of Finance, an academic journal Sounds like people are using ETFs in place of stocks to day trade. To show that ETFs were the cause of this reduced return, the researchers analyzed the transactions un...
by JTColton
Thu Jun 13, 2019 3:37 am
Forum: Personal Consumer Issues
Topic: Best source for buying Gold Coins
Replies: 55
Views: 5210

Re: Best source for buying Gold Coins

Im unsure how a few coins could possibly be any burden whatsoever. Were not talking about a Monster Box or kilos of bullion here, just a few coins.

Kitco or APMEX are gtg in my book.
by JTColton
Thu Jun 13, 2019 3:34 am
Forum: Personal Consumer Issues
Topic: Clearing customs in Seattle
Replies: 26
Views: 4878

Re: Clearing customs in Seattle

SEA is my home airport, I have had wildly different experiences. Sometimes I breeze through, sometimes it takes multiple hours. Having a few hours cushion is a sound choice IMO.
by JTColton
Thu Jun 13, 2019 3:32 am
Forum: Personal Consumer Issues
Topic: Anyone buy Security Cams from Costco?
Replies: 60
Views: 5749

Re: Anyone buy Security Cams from Costco?

KlangFool wrote:
Wed Jun 12, 2019 6:40 pm
OP,

I bought Arlo Pro system from Costco.

KlangFool
Bought the same, works well no issues. DW loves it.
by JTColton
Sun Jun 09, 2019 10:28 am
Forum: Personal Investments
Topic: Pre-Military Seeking Investment Planning
Replies: 49
Views: 2773

Re: Pre-Military Seeking Investment Planning

Wanted to reply before OP went to basic but my internet went out, joys of being on a deployed ship. After 19.5 years in the Surface Combat Systems community I think he will be in for somewhat of a rude awakening. Actionable: - Start your TSP - Open up a Vanguard Roth IRA and taxable account - You ge...
by JTColton
Sun Jun 09, 2019 8:56 am
Forum: Personal Investments
Topic: Moving from Rat Race to FIRE, Near All-Time Highs (Best Way to Invest Account Sitting in 100% Cash)
Replies: 35
Views: 6455

Re: Moving from Rat Race to FIRE, Near All-Time Highs (Best Way to Invest Account Sitting in 100% Cash)

I've never understood the attraction of retire-at-40-and-never-work-again. There is a happy medium between being stuck in a stressful job which you do not like, and sitting around doing nothing productive for the next 40-60 years. I retired 10 years ago at 42, and have no need to ever work again. W...
by JTColton
Sat Jun 01, 2019 3:36 am
Forum: Investing - Theory, News & General
Topic: Best day of the month to invest?
Replies: 41
Views: 5092

Re: Best day of the month to invest?

The best days for me are the 1st and the 15th.
by JTColton
Sat Jun 01, 2019 3:30 am
Forum: Personal Investments
Topic: Portfolio advice for a military member
Replies: 15
Views: 1064

Re: Portfolio advice for a military member

How much time in service do you have? With no debt youre doing great. If you choose to stay until 20+ and get the retirement you will have a COLA indexed pension and essentially free healthcare (Tricare Prime is $595/yr for a family) for life and if you read the threads here about retirement plannin...
by JTColton
Sat Jun 01, 2019 3:02 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford to pay for our kid's college (at all)?
Replies: 234
Views: 16310

Re: Can we afford to pay for our kid's college (at all)?

Well, if you want to make it more difficult for your children than it is for a low income child, that's your philosophy and stick with it. You may as well steal from him to teach him a life lesson (incidentally, my grandfather used to -just- explain me the same sort of lesson). But the discussion h...
by JTColton
Sat Jun 01, 2019 12:53 am
Forum: Investing - Theory, News & General
Topic: Modeling Worst Case Scenarios & Does AA Matter When Consistently Contributing?
Replies: 16
Views: 1583

Re: Modeling Worst Case Scenarios & Does AA Matter When Consistently Contributing?

I thought Bob - the world's worst market timer figured this out already?

Savings rate > everything else
by JTColton
Sun May 12, 2019 10:50 pm
Forum: Personal Consumer Issues
Topic: Home Safe...Looking for advice
Replies: 19
Views: 2747

Re: Home Safe...Looking for advice

Not as common anymore but hiring people to deliver and install the safe is a big no no in my book This type of FUD can cause some big issues. If you're hiring some guys from Home Depot to "install" a sheet metal box, probably not a good idea. But when you start talking real safes like letter rated ...
by JTColton
Sun May 12, 2019 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Reorganization - Ageism?
Replies: 23
Views: 4920

Re: Reorganization - Ageism?

It appears to be compensation discrimination more than age discrimination. If you can't continually and objectively show how your salary benefits your employer with hard facts and data (sales, revenue, clients), or have a highly sought after hard/soft skills then you can and will be replaced by some...
by JTColton
Sun May 12, 2019 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Continue working for benefit of adult children or retiring earlier?
Replies: 87
Views: 7086

Re: Continue working for benefit of adult children or retiring earlier?

I do not plan on working any longer or harder than necessary to provide the basics, then off you go. I'm still young in my late 30's but I've seen enough to realize that the most important gift I can provide to my family is time and availability, money is far down the list. RE: multi-generational ho...
by JTColton
Sat May 11, 2019 1:36 am
Forum: Investing - Theory, News & General
Topic: Any conservative young investors?
Replies: 79
Views: 9653

Re: Any conservative young investors?

The young -> risky guideline is just that: a guideline. Consider a high-income 50 year-old man with no debt, no spouse, and no children to support who has accumulated $10 million net worth. Now consider a 25 year-old man with a mortgage and education debt with a modest income, a stay-at-home wife, ...
by JTColton
Fri May 10, 2019 7:53 am
Forum: Personal Consumer Issues
Topic: Home Safe...Looking for advice
Replies: 19
Views: 2747

Re: Home Safe...Looking for advice

....2 hour fire protection. Be sure to look into this. As I recall the way fire protection works for some safes is that the walls contain a material that releases a lot of water when it gets hot. The water drenches the contents of the safe so it does not burn. This can be a problem with things like...
by JTColton
Thu May 09, 2019 9:14 am
Forum: Personal Investments
Topic: tech funds
Replies: 30
Views: 5394

Re: tech funds

I like IGV iShares Expanded Tech Sector - Software, large exposure to cloud/virtual service companies Adobe, Visa/MC, etc.
by JTColton
Mon May 06, 2019 6:22 am
Forum: Personal Investments
Topic: Vanguard Information Technology ETF ( VGT) to improve returns or not?
Replies: 15
Views: 2847

Re: Vanguard Information Technology ETF ( VGT) to improve returns or not?

If I was going to tilt towards tech I would look at IGV iShares Expanded Tech Sector Software which concentrates on software and cloud services. I think that as we become more and more connected, more companies will shift towards the cloud to streamline infrastructure and personnel.
by JTColton
Tue Apr 30, 2019 7:37 am
Forum: Personal Investments
Topic: So, I want to Retire - Help ?
Replies: 51
Views: 8756

Re: So, I want to Retire - Help ?

3mil and a paid off house isn't enough to retire in ones 50's? Unbelievable. 1. Simplify portfolio at a low cost brokerage of your choice. 2. Trim your expenses by about 10% to give yourself a buffer. 3. Consider going to one car if neither you or spouse is working. 4. Consider working part time or ...
by JTColton
Tue Apr 30, 2019 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Whats the Point of Climbing the Corporate Ladder?
Replies: 164
Views: 19198

Re: Whats the Point of Climbing the Corporate Ladder?

I think there's a not insignificant difference between totally loathing your work and the day to day low-mid lvl irritations most of us face at our jobs. I work to live, not the other way around. YMMV, but for me I'd happily tolerate a job I loathe for a dramatic increase (say 3-4x current) in pay ...
by JTColton
Sun Apr 28, 2019 6:36 am
Forum: Personal Investments
Topic: pay down mortgage vs. invest in taxable?
Replies: 30
Views: 3570

Re: pay down mortgage vs. invest in taxable?

OP do you have PMI on your loan?

You may consider the math of paying down and trying to recast the mortgage to remove PMI, then taper that off and add more to taxable.

If no PMI I would send it all to taxable.
by JTColton
Sat Apr 27, 2019 10:31 pm
Forum: Personal Investments
Topic: In this case, should I be 100% stocks?
Replies: 63
Views: 7244

Re: In this case, should I be 100% stocks?

My military pension starts next year at 38, I am 100% equities ex-EF and don't see any reason to change that for at least 15-20 years. Don't forget under FERS in addition to the pension the health care is excellent. The VA is a unique work environment, I would try and speak with some people in your ...
by JTColton
Fri Apr 26, 2019 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Whats the Point of Climbing the Corporate Ladder?
Replies: 164
Views: 19198

Re: Whats the Point of Climbing the Corporate Ladder?

I'm not saying I recommend it, or that I'd do it myself (again), I'm just saying that's how I might consider it. The first 15 years of my career I worked in a job where I averaged 50 hours a week and worked up to 80 during busy periods. It's not fun but it's doable, and if you're properly compensat...
by JTColton
Fri Apr 26, 2019 8:49 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6416
Views: 542762

Re: U.S. stocks continue to soar!

Gufomel wrote:
Fri Apr 26, 2019 8:25 am
Shaping up to be another good day for stocks on positive economic data (3.2% annualized GDP growth in Q1 vs 2.3% expected).
3.2% :sharebeer
by JTColton
Fri Apr 26, 2019 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Whats the Point of Climbing the Corporate Ladder?
Replies: 164
Views: 19198

Re: Whats the Point of Climbing the Corporate Ladder?

The way I look at it is in terms of total hours worked. If you get promoted and have to work 50% more hours for 10 years, but get paid enough that you can retire 10 years earlier, then you win in the long term (obviously there are other tradeoffs to going from 40 to 60 hour weeks though). But the w...
by JTColton
Wed Apr 24, 2019 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Whats the Point of Climbing the Corporate Ladder?
Replies: 164
Views: 19198

Re: Whats the Point of Climbing the Corporate Ladder?

Whats the point of climbing the corporate ladder if I'm fine with my current salary and position and can hit all my financial goals without future promotions raises etc? I am at a point where boss says I can be promoted but must be willing to work more hours be available at all times of day etc. Ba...
by JTColton
Wed Apr 24, 2019 5:54 am
Forum: Investing - Theory, News & General
Topic: Pension Govt vs a High match job with higher pay.
Replies: 16
Views: 1977

Re: Pension Govt vs a High match job with higher pay.

What type of govt? City, start, county?

Will you get subsidized health care along with the pension? From reading this board that is probably the biggest reason why people choose to work longer or have one spouse work longer so I would definitely factor that into your calculus.
by JTColton
Mon Apr 22, 2019 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: If FIRECalc shows 100% success rate, what holds you back from retiring?
Replies: 126
Views: 13012

Re: If FIRECalc shows 100% success rate, what holds you back from retiring?

What (reasons) holds you back from retiring? Nothing at all. I'm pulling the plug and retiring from the military at 20 years almost to the day. Leaving more money and a bigger pension on the table. I'm young, healthy, motivated to live life and have a newborn son. "But you wont be able to live on y...
by JTColton
Mon Apr 22, 2019 2:49 am
Forum: Personal Investments
Topic: Saving for a home
Replies: 12
Views: 1297

Re: Saving for a home

Seems needlessly complicated. Why not just put it all in Federal or Treasury MM?

Better question is why not just invest it to get the 5-10 years of compounding and then use the VA loan with 0 down and no PMI?
by JTColton
Sun Apr 21, 2019 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 43894

Re: Mr. Money Mustache, SWR, and equity allocation

My wife, who absolutely refuses to consider retirement, and I were talking about this exact topic yesterday. We don't work because we need more money, we work because we view out current work situation as preferable to having to think of things to fill 24x7x365. The people I know who are happy reti...
by JTColton
Sun Apr 21, 2019 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 43894

Re: Mr. Money Mustache, SWR, and equity allocation

I think in the course of discussion some things where lost. Many people on this thread made the point that it is absolutely crazy to retire with 25X at 45. My point was not that it's 100% safe, just that it's safer and makes a lot more sense than the other extreme, very common and widely accepted o...
by JTColton
Sat Apr 20, 2019 6:56 am
Forum: Investing - Theory, News & General
Topic: This could be the biggest risk that retirees face?
Replies: 117
Views: 9436

Re: This could be the biggest risk that retirees face?

https://apps.goldensoncenter.uconn.edu/HLEC/ Damn looks like they got me at 102 with 2.3 bad years. Might need to get a second federal pension after all. Oh boy, this is gonna be a looong thread.... I will just drop this other thread link right here... https://www.bogleheads.org/forum/viewtopic.php...
by JTColton
Fri Apr 19, 2019 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 43894

Re: Mr. Money Mustache, SWR, and equity allocation

Perfect case in point. What is the purpose of a portfolio of several millions if you just want to sit home and drink? For some of us, this *is* the goal, and precisely why we can retire early. :sharebeer You missed the entire context of the post I was replying to :oops: If that's what you want to d...
by JTColton
Thu Apr 18, 2019 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 114
Views: 14864

Re: Job Offer Evaluation - FANG

Anyone have advice for the following situation? My partner wants to stay in Baltimore for a year while I go to fang. It seems like a waste of money to pay for a mortgage and an apt plus 2 households. Her reasoning is she is going to be promoted to director and wants it on her resume. But it’s only ...
by JTColton
Thu Apr 18, 2019 6:55 am
Forum: Personal Consumer Issues
Topic: .
Replies: 73
Views: 4999

Re: Washing Machine that uses a LOT of Water

Very interesting. Thank you. Can you explain how too much soap leads to the clothes being *under* cleaned? That seems counterintuitive to me. The problem with too much soap in terms of machine flowing suds all over the floor, I know ;-). General comment. We use Bosch washers (this is in Europe) & t...
by JTColton
Tue Apr 16, 2019 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 43894

Re: Mr. Money Mustache, SWR, and equity allocation

I propose that balance is always very important - never spend all funds for the present and never plan to spend all funds in the future. Challenge yourself to acquire more income but share the growing income each year between living in the present and saving for the future. Each persons numbers wil...
by JTColton
Tue Apr 16, 2019 7:44 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6416
Views: 542762

Re: U.S. stocks continue to soar!

I got $6,000 ready to go in VTSAX for the 2019 contribution limit. Should I wait till the end of May to buy or just put it all in right now and not try to time the market? Why wait? I put mine in as scheduled on Jan 2, working out well so far. Didn't the 2.5% drop from the 2ed to 3ed of January mak...
by JTColton
Tue Apr 16, 2019 6:48 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6416
Views: 542762

Re: U.S. stocks continue to soar!

Benosis wrote:
Mon Apr 15, 2019 9:21 pm
I got $6,000 ready to go in VTSAX for the 2019 contribution limit. Should I wait till the end of May to buy or just put it all in right now and not try to time the market?
Why wait? I put mine in as scheduled on Jan 2, working out well so far.
by JTColton
Tue Apr 16, 2019 3:11 am
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 43894

Re: Mr. Money Mustache, SWR, and equity allocation

You life is the most precious asset you have and is rapidly depreciating (or at least it has a high risk embedded). Starfish your post was excellent but this line really distills it down. Where is the inflection point for trading the vitality of youth for financial resources to enjoy in old age? An...
by JTColton
Mon Apr 15, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Job choice: higher pay or more interesting work?
Replies: 14
Views: 1858

Re: Job choice: higher pay or more interesting work?

Tamarind wrote:
Mon Apr 15, 2019 10:24 am
I have a choice to make and wondering how you all approach the risk trade-offs of job choice.

Current job: all work is at office.

Potential job: can work from home.
I would take a big risk for this type of work arrangement.