Search found 3363 matches

by texasdiver
Sun May 03, 2020 10:55 am
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16056

Re: American exceptionalism

Just throwing an idea out here. Those with much more experience in international markets can comment if I'm off-base. Seems to me that when it comes to the really big guns in the world economy there is very little difference between US and foreign companies they all compete worldwide in every market...
by texasdiver
Wed Apr 29, 2020 5:50 pm
Forum: Personal Consumer Issues
Topic: 1-way or round trip for long-term international airfare?
Replies: 15
Views: 896

Re: 1-way or round trip for long-term international airfare?

One big consideration is if she will be coming back to the US for something like a holiday, already having a ticket for that might encourage her to actually do that. :D If you are not planning to go down there in the near future it could be a long time before you see her again. We'd likely go down ...
by texasdiver
Wed Apr 29, 2020 3:28 pm
Forum: Personal Consumer Issues
Topic: 1-way or round trip for long-term international airfare?
Replies: 15
Views: 896

Re: 1-way or round trip for long-term international airfare?

Things have likely changed in the past 50 years, but be sure to check on the rules of the country she would fly to and make sure they will allow entry on a one-way ticket. When I went to work in France as an au pair in 1969, I flew Air Icelandic to Luxembourg on a one-way ticket with $300 in my poc...
by texasdiver
Wed Apr 29, 2020 1:48 pm
Forum: Personal Consumer Issues
Topic: 1-way or round trip for long-term international airfare?
Replies: 15
Views: 896

Re: 1-way or round trip for long-term international airfare?

If one-way fare is not reasonable and you have access to miles or transferrable CC points, you may find a one-way award ticket ideal for this use case. That's a great idea. Usually we can never make the award miles work for flights to and from Chile because we usually travel on holidays and there a...
by texasdiver
Wed Apr 29, 2020 1:45 pm
Forum: Personal Consumer Issues
Topic: 1-way or round trip for long-term international airfare?
Replies: 15
Views: 896

Re: 1-way or round trip for long-term international airfare?

I have always done one way for this kind of travel, unless the round trip was the same or less at the time. For one thing, change fees are often so exhorbitant as to make up for any round trip savings. For another, there aren't always round trip savings to be had. Yeah. I guess the risk is if airfa...
by texasdiver
Wed Apr 29, 2020 1:14 pm
Forum: Personal Consumer Issues
Topic: 1-way or round trip for long-term international airfare?
Replies: 15
Views: 896

1-way or round trip for long-term international airfare?

Our oldest daughter is graduating college this spring with a degree in PR and marketing with a emphasis on travel and leisure industry. Obviously her career prospects are completely tanked right now as the airlines, cruise lines, hotels, and entire travel and resort industries where she was planning...
by texasdiver
Thu Apr 02, 2020 10:44 pm
Forum: Investing - Theory, News & General
Topic: "They All Retired Before They Hit 40. Then This Happened."
Replies: 49
Views: 5424

Re: "They All Retired Before They Hit 40. Then This Happened."

... My take is that non-FIRE types take the "FIRE thing" too literally, are a bit jealous/resentful, and then look for every chance to crow about its faults... Most of the FIRE people that I have heard don't actually "retire" and stop working. And as a result to many, the "R" part is interpreted as...
by texasdiver
Thu Apr 02, 2020 10:24 pm
Forum: Investing - Theory, News & General
Topic: "They All Retired Before They Hit 40. Then This Happened."
Replies: 49
Views: 5424

Re: "They All Retired Before They Hit 40. Then This Happened."

I know a variety of these FIRE types who live in Guatemala and Costa Rica. Some are ex-Peace Corps volunteers I knew when I worked in Guatemala who have returned to semi-retire and set up various side-gig businesses. Many of them are going to be very hung out to dry with this crisis for 3 reasons: 1...
by texasdiver
Thu Apr 02, 2020 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Home office deductions for mandatory work at home?
Replies: 18
Views: 1168

Re: Home office deductions for mandatory work at home?

The bar for a home office deduction is very high. If I remember correctly, the room has to be used exclusively for work. No use by kids or your spouse even briefly. Someone more knowledgeable should chime in. Bottom line: if you can work from home, tame your greed and count your lucky stars in this...
by texasdiver
Thu Apr 02, 2020 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Home office deductions for mandatory work at home?
Replies: 18
Views: 1168

Re: Home office deductions for mandatory work at home?

Would it be better to pursue reimbursement from the employer, if they mandated what you had to do? Yeah, so not happening. Both our employers gave us laptops. Beyond that it is up to us to create ergonomic and efficient workspaces. The kitchen table only works for so long when you have kids in the ...
by texasdiver
Thu Apr 02, 2020 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Home office deductions for mandatory work at home?
Replies: 18
Views: 1168

Re: Home office deductions for mandatory work at home?

Nothing to deduct because of w2. Yeah? OK. I expect millions of others are in the same situation. Being sent to work from home due to government order and having to make some personal investments to make that happen more effectively. The IRS page on the topic is quite ambiguous. https://www.irs.gov...
by texasdiver
Thu Apr 02, 2020 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Home office deductions for mandatory work at home?
Replies: 18
Views: 1168

Home office deductions for mandatory work at home?

Anyone know of a good resource that discusses the tax implications of making home office deductions? Is this something that is even possible to do if you are not self-employed and running a business from home? Like millions of other Americans both my wife and I have been sent to work from home and w...
by texasdiver
Sun Feb 23, 2020 3:18 pm
Forum: Investing - Theory, News & General
Topic: All but one Ivy League Endowment underperformed a simple 60/40 index fund portfolio
Replies: 48
Views: 4712

Re: All but one Ivy League Endowment underperformed a simple 60/40 index fund portfolio

I think we will see more and more endowments move towards a lower cost model. Endowments are already on a lower cost model. They pay institutional-investor level ERs. Do big Ivy League endowments actually disclose their costs? I’m not talking about the fees they pay to Black Rock or whatever, but t...
by texasdiver
Fri Feb 21, 2020 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Help me prove to her those figures are WRONG ! [Income tax penalty]
Replies: 20
Views: 3093

Re: Help me prove to her those figures are WRONG !

Maybe your friend mistakenly thinks the 5% means 5% per day, rather than 5% per year compounded daily? Just point them to any ordinary interest calculator like this one: https://www.calculator.net/interest-calculator.html Zero everything out, plug in $4500 starting balance, 5% interest, calculated d...
by texasdiver
Fri Feb 21, 2020 7:27 pm
Forum: Investing - Theory, News & General
Topic: All but one Ivy League Endowment underperformed a simple 60/40 index fund portfolio
Replies: 48
Views: 4712

All but one Ivy League Endowment underperformed a simple 60/40 index fund portfolio

I'm starting to think these people with their expensive hedge funds, private equity markets, and hefty management fees, aren't quite as smart as they think they are: https://www.institutionalinvestor.com/article/b1kdjyfln2wl9q/If-the-Ivy-League-Can-t-Get-This-Right-Who-Can With huge allocations to p...
by texasdiver
Thu Feb 20, 2020 1:32 pm
Forum: Personal Investments
Topic: Teaching teens about stock market, mutual funds etc
Replies: 22
Views: 1183

Re: Teaching teens about stock market, mutual funds etc

Parent of three girls here ages 13, 16, and 21. 1. Forget the books idea. Unless you have a weirdly studious child. They won't look at them, ESPECIALLY a financial book. 2. The YouTube idea is not bad. There must be some young YouTubers with financial advice channels devoted towards the young. I exp...
by texasdiver
Wed Feb 19, 2020 3:27 pm
Forum: Personal Investments
Topic: Grappling with greediness
Replies: 44
Views: 9461

Re: Grappling with greediness

Exchanging my equities for bonds has been tougher than I thought, and my fear is that they're going to sit there doing nothing while equities continue to climb in this low interest-rate environment. I see the stupid amount of money many are making by actively trading in this market ($TSLA and $SPCE...
by texasdiver
Wed Feb 19, 2020 12:52 am
Forum: Personal Investments
Topic: Grappling with greediness
Replies: 44
Views: 9461

Re: Grappling with greediness

You are very young (compared to most of us here). You are still in the accumulation phase of your life. What you SHOULD be looking forward to is a good downturn so you can acquire more equities or equity funds at a discount price. The longer the market stays down the better for you. You don't care a...
by texasdiver
Tue Feb 18, 2020 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Merit Scholarships - Advice and Strategies?
Replies: 91
Views: 6513

Re: Merit Scholarships - Advice and Strategies?

Daughter #2 is extremely bright but not competitive in the way that one needs to be to put together an application portfolio for the Ivy League or Stanford. You may have an unrealistic idea of how much effort is required to apply to top schools vs other schools. In my experience the application pro...
by texasdiver
Tue Feb 18, 2020 11:51 am
Forum: Personal Consumer Issues
Topic: Can we trust wirecutter reviews?
Replies: 41
Views: 4896

Re: Can we trust wirecutter reviews?

I think they are pretty good for evaluations of new products. The people doing the reviews seem smart and methodical. Where they probably come up short compared to the old traditional Consumer Reports type reviews is in things like long-term reliability. They just don't have the time or resources to...
by texasdiver
Tue Feb 18, 2020 10:38 am
Forum: Personal Consumer Issues
Topic: Visiting NYC with a family - logistics?
Replies: 29
Views: 2011

Re: Visiting NYC with a family - logistics?

OP here. I priced renting a car in Manhattan on Costco travel with drop-off at EWR vs just renting and returning at EWR. The price difference was close to $500 so there is very obviously a giant premium paid to rent in Manhattan and drop off outside. We will just get ground transportation out to the...
by texasdiver
Mon Feb 17, 2020 10:56 pm
Forum: Personal Consumer Issues
Topic: Visiting NYC with a family - logistics?
Replies: 29
Views: 2011

Re: Visiting NYC with a family - logistics?

Thanks guys. OP here. Looks like we have a few things settled: 1. Flying in and out of Newark. The schedule is much better than JFK for Alaska Airlines which we will be using from PDX in order to use up a couple of companion fare coupons that are due to expire. I think that will make the return from...
by texasdiver
Mon Feb 17, 2020 12:32 pm
Forum: Personal Consumer Issues
Topic: Costa Rica
Replies: 11
Views: 1500

Re: Costa Rica

You've already got some great ideas on what to do and where to go. So I'll stay focused on cost. About 8 years ago, we went to Belize one year and Costa Rica the next. We MUCH more preferred Belize. More things to do but also MUCH cheaper. Costa Rica pegs itself to the US dollar. So you don't get t...
by texasdiver
Mon Feb 17, 2020 1:33 am
Forum: Personal Consumer Issues
Topic: Costa Rica
Replies: 11
Views: 1500

Re: Costa Rica

To expand on my previous answer with specific places: Airports. You have two choices of international airports in Costa Rica, San Jose is the big airport in the capital in the very center of of the country and had the most flights. It's also farthest from the tourist areas. Liberia in the northwest ...
by texasdiver
Sun Feb 16, 2020 9:42 pm
Forum: Personal Consumer Issues
Topic: Visiting NYC with a family - logistics?
Replies: 29
Views: 2011

Re: Visiting NYC with a family - logistics?

Depending on where your family is, Amtrak runs NYC to Harrisburg many times a day - stops through Philly and westward. Might prefer that to a car rental. And I’d stay in Manhattan over anywhere in NJ. Convenience is worth the money. Brooklyn is fine I guess but if you want to do tourist stuff it’s ...
by texasdiver
Sun Feb 16, 2020 7:23 pm
Forum: Personal Consumer Issues
Topic: Costa Rica
Replies: 11
Views: 1500

Re: Costa Rica

I've been there many times. You'll have to decide what you want: Beach town vs mountain/lake town. Climate in Central America is driven by elevation. Coastal towns are going to be hot. ESPECIALLY on the Caribbean. Mountain towns are going to be more spring-like year round. Ex-pat colony vs more trad...
by texasdiver
Sun Feb 16, 2020 5:31 pm
Forum: Personal Consumer Issues
Topic: Visiting NYC with a family - logistics?
Replies: 29
Views: 2011

Re: Visiting NYC with a family - logistics?

3. I'm assuming most local course of action would be to use cabs or Uber for the trip from JFK into Manhattan and then public transit for the time in NYC. Then rent a car somewhere in Manhattan for our departure to PA with the intent on returning it to the rental car return at JFK. Any different su...
by texasdiver
Sun Feb 16, 2020 4:03 pm
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

My daughter sounds very similar to yours. On a recent college tour, our tour guide - a 4th year bio major - said she planned to go to grad school for genetic counseling. This piqued my daughter's interest, as she is very interested in biology but not interested in medical school. Genetic counselors...
by texasdiver
Sun Feb 16, 2020 3:47 pm
Forum: Personal Consumer Issues
Topic: Visiting NYC with a family - logistics?
Replies: 29
Views: 2011

Visiting NYC with a family - logistics?

It looks like we will have about 3 days to spend in NYC with the family this July in route to a family reunion in PA. Some planning questions for those who know or travel to the area. 1. Most likely flying into JFK as a family of 4 and want to spend 3 nights in Manhattan and then rent a car for the ...
by texasdiver
Sat Feb 15, 2020 4:37 pm
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

I live in an area with a lot of biomedical industrial operations. The biologists, engineers, MDs, and other technical professionals who have worked in industry developing medical testing and treatments have often had great careers that filled them with pride in the things they developed and enabled...
by texasdiver
Sat Feb 15, 2020 1:34 am
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

I have a daughter who is interested in a wide range of subjects from graphic art and animation to biology. But she doesn't have a particular focus at this point. She is a HS junior so we are in the middle of college visits and soon deciding on majors as some schools want the major specified as part...
by texasdiver
Thu Feb 13, 2020 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Out of State Colleges - Good Computer Science Bargains?
Replies: 65
Views: 4540

Re: Out of State Colleges - Good Computer Science Bargains?

One of the prior post that mentioned health insurance reminded me of something. That is that if your kid will still be under your health insurance and they go out of state, or even to a different part of your state, then there may be few or no in-network doctors or facilities where they are going t...
by texasdiver
Thu Feb 13, 2020 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Out of State Colleges - Good Computer Science Bargains?
Replies: 65
Views: 4540

Re: Out of State Colleges - Good Computer Science Bargains?

Western Washington University, Bellingham, WA will provide a really good computer science education with small class sizes and is not to far from you. It is a state school, and it has been a number of years since I looked at it, but when I did a bulk of their courses were taught by PhDs with 30 stu...
by texasdiver
Thu Feb 13, 2020 12:13 pm
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

This is a field that I did not know existed. I mean I obviously knew there were medical labs and that they ran results. But I did not know that it was a highly regulated certified field that required a certain specialty 4-year education. I just assumed that medical labs could hire anyone they wante...
by texasdiver
Thu Feb 13, 2020 1:12 am
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

I second cw35's suggestion of Medical Laboratory Science. I'm one of the MANY just retiring MLS out there. My lab has been struggling for about 5 years now to fill fulltime openings on all shifts. Demand is high here in the northeast. I worked for 40 years with a BS degree in the clinical micro bio...
by texasdiver
Wed Feb 12, 2020 10:18 pm
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

I would definitely discourage her from going into veterinary medicine. From all reports, it is as difficult of a path as med school but with horrible wages and employment prospects and the end. Thinking outside the box. As a science teacher I expect that within 10 years most all new paper textbooks ...
by texasdiver
Wed Feb 12, 2020 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Out of State Colleges - Good Computer Science Bargains?
Replies: 65
Views: 4540

Re: Out of State Colleges - Good Computer Science Bargains?

Look at Washington State University. You can bend the tuition down with WUE https://admission.wsu.edu/scholarships/scholarship-awards/cougar-award/ and they have decent computer science and computer engineering programs. It isn't on par with computer science at the UW in Seattle but admissions to th...
by texasdiver
Tue Feb 11, 2020 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of paying cash for a house
Replies: 50
Views: 4800

Re: Benefits of paying cash for a house

In a tight sellers market, all-cash offers can be preferred because the sale is more guaranteed for the seller. Everything can proceed at your schedule because they buyer isn't messing around with financing or faced with possibly getting denied. If the question is why would you want to have a mortga...
by texasdiver
Tue Feb 11, 2020 4:09 pm
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

The geographical restriction for biomed work is real, albeit probably better than fisheries/wildlife? And it skews urban not rural, of course. Related to that, here is an article where a bunch of economists define "microbiology/immunology" as the most "complex" academic discipline, and show that co...
by texasdiver
Tue Feb 11, 2020 3:43 pm
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

I'm just trying to help her focus in on some ideas of things she might like to do so she doesn't wind up just being an art major and doing digital animation for no pay. She can do that as a minor or second major as long as she has something reasonably marketable and interesting to her to fall back ...
by texasdiver
Tue Feb 11, 2020 3:34 pm
Forum: Personal Consumer Issues
Topic: Tell me about Chile/Argentina
Replies: 27
Views: 3210

Re: Tell me about Chile/Argentina

Quasi-Chilean here. My wife is Chilean and my 3 daughters are all dual-citizens. We try to visit at least once a year and I send my kids down for the summers when possible to stay with their grandparents or aunts and uncles. Unfortunately to my dismay I haven't been able to do nearly as much tourism...
by texasdiver
Tue Feb 11, 2020 2:54 pm
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

I guess no interest in teaching? I majored in an obscure area of bio and decided that the PhD route wasn't for me. As I'm sure you know, teaching can be a great job. I'm making $125k/yr in NY metro area. I'm a HS science teacher (after a decade working as a fisheries biologist in Alaska). My wife i...
by texasdiver
Tue Feb 11, 2020 2:26 pm
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

If she hasn’t completely write off healthcare, and is interested in laboratory work, she should check out Medical Laboratory Science. Medical Laboratory Scientists analyze patient samples in hematology, chemistry, microbiology, transfusion/blood bank, immunology, molecular biology, and more! It’s a...
by texasdiver
Tue Feb 11, 2020 2:11 pm
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

Bio majors are a dime-a-dozen as many grads are unsuccessful premeds. Thus, a job as a lab rat is likely. I always like biochem, but she has plenty of time to choose. But note, not sure that a 'life science' career path that excludes health care is all that readily available. Don't be concerned abo...
by texasdiver
Tue Feb 11, 2020 1:32 pm
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

If she hasn’t completely write off healthcare, and is interested in laboratory work, she should check out Medical Laboratory Science. Medical Laboratory Scientists analyze patient samples in hematology, chemistry, microbiology, transfusion/blood bank, immunology, molecular biology, and more! It’s a...
by texasdiver
Mon Feb 10, 2020 9:56 pm
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

Bio majors are a dime-a-dozen as many grads are unsuccessful premeds. Thus, a job as a lab rat is likely. I always like biochem, but she has plenty of time to choose. But note, not sure that a 'life science' career path that excludes health care is all that readily available. Don't be concerned abo...
by texasdiver
Mon Feb 10, 2020 7:47 pm
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Re: Recommended biology/life science related majors and careers?

My nephews daughter just got a BS in bio-mechanical engineering. She is talking to lots of labs and working on a MS degree. Just a option. My impression is that bio-mechanical engineering is more mechanical than bio (artificial limbs, artificial hearts, etc.) But I'll suggest it. Normally at most s...
by texasdiver
Mon Feb 10, 2020 5:53 pm
Forum: Personal Consumer Issues
Topic: Recommended biology/life science related majors and careers?
Replies: 51
Views: 3399

Recommended biology/life science related majors and careers?

I have a daughter who is interested in a wide range of subjects from graphic art and animation to biology. But she doesn't have a particular focus at this point. She is a HS junior so we are in the middle of college visits and soon deciding on majors as some schools want the major specified as part ...
by texasdiver
Sat Feb 08, 2020 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Merit Scholarships - Advice and Strategies?
Replies: 91
Views: 6513

Re: Merit Scholarships - Advice and Strategies?

I grew up in Portland and was basically paid to attend Oregon State (presidential scholarship plus numerous other one-off scholarships). I would take UW over Reed any day of the week but it probably depends on what your daughter wants to study and whether she wants to be at a large or small school....
by texasdiver
Sat Feb 08, 2020 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Merit Scholarships - Advice and Strategies?
Replies: 91
Views: 6513

Re: Merit Scholarships - Advice and Strategies?

@texasdiver I think you are right about your daughter's admission prospects at L&C, Santa Clara, UW and OU. Those seem like solid matches for her stats/ECs. You may already know this, but schools like Lewis & Clark, Santa Clara and other LACs on the West Coast aren't going to give a lot of merit ai...