Search found 271 matches

by New Providence
Mon Jul 13, 2020 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming teacher after reaching FIRE? Advice needed!
Replies: 73
Views: 4663

Re: Becoming teacher after reaching FIRE? Advice needed!

I am so confused with FINANCIAL INDEPENDENCE RETIRE EARLY who still work or are looking for work. In my mind, you haven't reached FIRE if you are working or looking for work. FIRE means that you have reached Financial Independence evidenced by Retiring Early. Like most things in life, it's not bina...
by New Providence
Mon Jul 13, 2020 7:17 pm
Forum: Personal Consumer Issues
Topic: FYI - Disney+
Replies: 44
Views: 6986

Re: FYI - Disney+

We had this issue of older Smart TV and older Apple TV (needs to be 4th gen or something) so we grabbed a $30 Roku from Target and it is incredibly nice. Even with Netflix and Prime on our SmartTV, we still watch them through Roku instead because the experience is much better (things play and recal...
by New Providence
Sun Jul 12, 2020 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming teacher after reaching FIRE? Advice needed!
Replies: 73
Views: 4663

Re: Becoming teacher after reaching FIRE? Advice needed!

I am so confused with FINANCIAL INDEPENDENCE RETIRE EARLY who still work or are looking for work.

In my mind, you haven't reached FIRE if you are working or looking for work. FIRE means that you have reached Financial Independence evidenced by Retiring Early.
by New Providence
Sun Jul 12, 2020 8:03 pm
Forum: Personal Consumer Issues
Topic: Speakers for basement
Replies: 16
Views: 1172

Re: Speakers for basement

Call Crutchfield, they were very helpful to set up mine.
by New Providence
Sun Jul 12, 2020 8:01 pm
Forum: Personal Investments
Topic: Does third party paying tuition directly affect 529 qualified distributions
Replies: 31
Views: 1507

Re: Does third party paying tuition directly affect 529 qualified distributions

Sounds like fraud.

Why can't the grandparents give the dough directly the child and use 529 to pay qualified expenses to avoid any fraudulent activity.
by New Providence
Sun Jul 12, 2020 1:48 pm
Forum: Personal Investments
Topic: Too much in savings?
Replies: 78
Views: 8004

Re: Too much in savings?

$500K in annual income and your house is worth $300K?

You need to buy a house.
by New Providence
Sun Jul 12, 2020 1:33 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5598
Views: 1363597

Re: What Movie Have You Recently Watched?

The Lighthouse (2019) - Dark, disturbing, claustrophobic, yet engrossing. Someone please tell me, how can I unsee this movie? Terrible movie. What a terrible waste of time this movie was. I kept watching only because I thought that it might get better or lead up to something. It didn't. I agree tha...
by New Providence
Sun Jul 12, 2020 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Max 403b contribution
Replies: 11
Views: 565

Re: Max 403b contribution

How do you know that you will end up over contributing?

My monthly contributions are a few bucks over the limit, but the very last contribution in December is adjusted to meet my annual limit.

Complaining about 4 cents is a bit much.
by New Providence
Sat Jul 11, 2020 2:30 pm
Forum: Personal Consumer Issues
Topic: House with high tension power lines in backyard
Replies: 71
Views: 4535

Re: House with high tension power lines in backyard

An early episode of Curb your Enthusiasm is about Larry David and his wife trying to move some power lines into the ground. They need, however, their neighbors approval to make it happen.
Needless to say, chaos ensues and they aren't successful.
by New Providence
Sat Jul 11, 2020 9:07 am
Forum: Personal Finance (Not Investing)
Topic: 529 fairness?
Replies: 45
Views: 3916

Re: 529 fairness?

It seems that you are having a hard time affording kid no. 2, but already planning on no. 3? Title of your post is "fairness"...are you being fair by loading them with debt to pay for college? Interesting comment. Do you think it’s better to not have children if it means possibly having them take o...
by New Providence
Sat Jul 11, 2020 8:48 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5598
Views: 1363597

Re: What Movie Have You Recently Watched?

Last night I watched BOMBSHELL is a 2019 American drama film directed by Jay Roach and written by Charles Randolph. All stars cast with the beautiful Charlize Theron, Nicole Kidman, and Margot Robbie. Actors John Lithgow, Kate McKinnon, Connie Britton, Malcolm McDowell, and Allison Janney appear in ...
by New Providence
Fri Jul 10, 2020 5:35 pm
Forum: Personal Consumer Issues
Topic: Tip Dental Hygienist for Teeth Cleaning? Thanks everyone.
Replies: 72
Views: 4883

Re: Tip Dental Hygienist for Teeth Cleaning? Thanks everyone.

Fold a $20 in an envelope. Write from/to in the front of envelope and leave it at reception.

People who excel at customer service deserves a bit of extra cash.
by New Providence
Fri Jul 10, 2020 5:17 pm
Forum: Personal Consumer Issues
Topic: Any good car deals?
Replies: 52
Views: 3383

Re: Any good car deals?

lthenderson wrote:
Fri Jul 10, 2020 3:37 pm
With auto manufacturers shut down for awhile due to Covid and large stimulus checks mailed out, stocks have been very limited in my area too.

Doubt that a stimulus check will help to buy a "Starting at $38,100 and going up to $47,185." automobile.
by New Providence
Fri Jul 10, 2020 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security: is the wisdom still relevant
Replies: 134
Views: 8650

Re: Delaying Social Security: is the wisdom still relevant

Best to be contrarian. I'm not worry about Social Security because most people are worry and for decades have been saying that SS won't be around. I will begin to worry about SS the day that most people stop worrying about it. I disagree. Someone becoming eligible for social security immediately fo...
by New Providence
Fri Jul 10, 2020 8:58 am
Forum: Personal Consumer Issues
Topic: Walk or taxi to bus stop to get to the airport?
Replies: 66
Views: 3191

Re: Walk or taxi to bus stop to get to the airport?

Make sure to bring deodorant if you decide to walk in 90 degree weather. Your seatmates won't like it if you stink.
by New Providence
Thu Jul 09, 2020 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security: is the wisdom still relevant
Replies: 134
Views: 8650

Re: Delaying Social Security: is the wisdom still relevant

Best to be contrarian.

I'm not worry about Social Security because most people are worry and for decades have been saying that SS won't be around.

I will begin to worry about SS the day that most people stop worrying about it.
by New Providence
Thu Jul 09, 2020 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: How Much Does a Car Salesperson Make on a New Car Sale?
Replies: 102
Views: 11327

Re: How Much Does a Car Salesperson Make on a New Car Sale?

Cheez-It Guy wrote:
Thu Jul 09, 2020 11:28 am
Be honest. . . is this another tipping thread in disguise?

Need to know how much to tip a new car salesman because he isn't fairly compensated?

Tipping a car salesman is a bit much.

But I can see giving $20 to the driver if the car is delivery at home and not picked up at the dealership.
by New Providence
Wed Jul 08, 2020 7:34 am
Forum: Personal Consumer Issues
Topic: losing ability to ensure good computer hygiene- what to do
Replies: 49
Views: 3775

Re: losing ability to ensure good computer hygiene- what to do

We live, unbeknownst to some, in the information age. It means that a computer is the main tool of production. The way that, say, it is for a farmer and tractors. Investing in IT is a requirement of modern life. In my household, each family member has a minimum of two tools of production: I have a w...
by New Providence
Tue Jul 07, 2020 6:36 pm
Forum: Personal Investments
Topic: The Journey Begins...
Replies: 6
Views: 892

Re: The Journey Begins...

The Vanguard account is created. Since the account transfer hasn't completed yet, I'm going to have to settle with a starting seed of $1000. But I'm sure the money will be well spent. For now, I'm looking at VTI, BND, and a little VXUS. I can always switch to the respective Admiral funds after the ...
by New Providence
Tue Jul 07, 2020 7:17 am
Forum: Personal Consumer Issues
Topic: Thinking of buying myself a luxury item.. Is LV wallet a legit purchase?
Replies: 153
Views: 7533

Re: Thinking of buying myself a luxury item.. Is LV wallet a legit purchase?

The only way a LV wallet is a legit purchase is if one buys it in the LV store in Paris, France. The trip would be memorable and one would have great story to go with it. Well, it would only be memorable flying in business or first class. Kind of silly to go to LV store in Paris, France flying coach.
by New Providence
Mon Jul 06, 2020 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Management Strategies - Entrenched Bad Staff
Replies: 23
Views: 1823

Re: Management Strategies - Entrenched Bad Staff

Wait until you find out that your Staff's salary is higher than yours ! :oops: :shock: I switched roles (lateral move) from managing one team to another. I've been at a Sr. Manager level for 5 or 6 years. Overall the change has been good, and I'm well regarded in both the old and new group. When I t...
by New Providence
Mon Jul 06, 2020 7:05 pm
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 477
Views: 61345

Re: What lifestyle creep made you happier?

Flying, pre Covid, business class.
by New Providence
Mon Jul 06, 2020 7:45 am
Forum: Personal Consumer Issues
Topic: does anyone have a subscription to youtube tv?
Replies: 118
Views: 7517

Re: does anyone have a subscription to youtube tv?

We're keeping YTTV as well. Still about $80 less than what we were paying for cable and it has the perfect mix of channels for me. I can stomach $64.99. Same here...we will need to check back in and see if we still stomach the next one, then the next one, etc. I switched to FUBO and works well so f...
by New Providence
Mon Jul 06, 2020 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Management Strategies - Entrenched Bad Staff
Replies: 23
Views: 1823

Re: Management Strategies - Entrenched Bad Staff

kjvmartin wrote:
Sun Jul 05, 2020 6:11 pm

I learned things are not always done based on merit.
Yep, life is not fair. :idea:
Sooner or later most come to that realization.
by New Providence
Sun Jul 05, 2020 5:27 pm
Forum: Personal Investments
Topic: 51 year old physician
Replies: 85
Views: 10048

Re: 51 year old physician

I am guilty of long-standing under-accumulating and over-spending. I’ve just turned the corner and am trying to determine how I can get financially free in 10 years with about $2500 per month to invest, so far. Any advice would be greatly appreciated. Welcome. I am also a 51 year old physician. I j...
by New Providence
Sun Jul 05, 2020 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: What’s important and what’s not?
Replies: 17
Views: 1760

Re: What’s important and what’s not?

A reasonable rule of thumb is if something costs less than you make in an hour, it's not worth worrying about. Assuming you can get paid for picking up extra hours/shifts/procedures, a doctor who earns $300/hr, is losing money if they spend an hour on the phone with the cable company to get $20/mon...
by New Providence
Sun Jul 05, 2020 11:24 am
Forum: Personal Finance (Not Investing)
Topic: What to do with all this MONEY ?
Replies: 201
Views: 20750

Re: What to do with all this MONEY ?

I cannot agree with the advice to "spend more money". $130,000 a year is a lot of money to spend. Spending more than double the median household pretax income is hardly frugal. More importantly, OP made it clear that they buy what they want. Spending money on things they don't want is the definitio...
by New Providence
Sat Jul 04, 2020 11:34 am
Forum: Personal Finance (Not Investing)
Topic: What to do with all this MONEY ?
Replies: 201
Views: 20750

Re: What to do with all this MONEY ?

Based on the numbers you’ve provided, there is a very good chance that you will have *more* than $7M left after your passing. Personally, I’m leaving everything to the kid. But I have just one, and she has her head screwed on straight. My thinking about spending has shifted over time. I know now, t...
by New Providence
Fri Jul 03, 2020 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with all this MONEY ?
Replies: 201
Views: 20750

Re: What to do with all this MONEY ?

...we will be leaving money to the family when we pass, who may potentially spend our Piggy Bank, their inheritance in lesser ways than how it was saved for & built. That's the circle of life. One generation makes the wealth, and the following generation squanders it. What's the point of depriving ...
by New Providence
Fri Jul 03, 2020 4:19 pm
Forum: Personal Consumer Issues
Topic: YoutubeTV subscription now $64.99/month
Replies: 173
Views: 13498

Re: YoutubeTV subscription now $64.99/month

We dropped DirecTV a few months ago because we just didn't watch. I was planning to get YouTube TV in the fall for college basketball and football. I will now be getting either Sling or Hulu. Internet costs us $60/month. I am not willing to pay more than about $100/month for internet and TV. If you...
by New Providence
Fri Jul 03, 2020 4:10 pm
Forum: Personal Consumer Issues
Topic: New 4K TV: LED, QLED or OLED?
Replies: 113
Views: 5906

Re: New 4K TV: LED, QLED or OLED?

One important piece of information here is what exactly are you planning to watch on it? As somebody who only buys top the line, high quality products, I have to say that what you will watch on the TV is as important. Apple+ is the only streaming service broadcasting in the highest quality, less com...
by New Providence
Fri Jul 03, 2020 8:19 am
Forum: Personal Finance (Not Investing)
Topic: 529 fairness?
Replies: 45
Views: 3916

Re: 529 fairness?

It seems that you are having a hard time affording kid no. 2, but already planning on no. 3? Title of your post is "fairness"...are you being fair by loading them with debt to pay for college?
by New Providence
Fri Jul 03, 2020 8:13 am
Forum: Personal Consumer Issues
Topic: FYI - Disney+
Replies: 44
Views: 6986

Re: FYI - Disney+

I have caught up on the whole Star Wars series, as well. Disney+ also includes National Geographic and DH is enjoying the Marvel movies, in supposed chronological order. With Britbox, I paid for the whole year to bring down the monthly costs, but with Disney, I don't think we will keep it even clos...
by New Providence
Thu Jul 02, 2020 12:29 pm
Forum: Personal Consumer Issues
Topic: Elementary school in Fall - choose Virtual or In-person
Replies: 64
Views: 3847

Re: Elementary school in Fall - choose Virtual or In-person

As Boggleheads I think we tend to forget, many inner city poorer school children have no access to a computer or even internet access. I don't know what you mean by " As Boggleheads I think we tend to forget " I think that Boggleheads are very much aware of the lack of personal IT investment. Boggl...
by New Providence
Thu Jul 02, 2020 12:18 pm
Forum: Personal Consumer Issues
Topic: Elementary school in Fall - choose Virtual or In-person
Replies: 64
Views: 3847

Re: Elementary school in Fall - choose Virtual or In-person

As Boggleheads I think we tend to forget, many inner city poorer school children have no access to a computer or even internet access. I don't know what you mean by " As Boggleheads I think we tend to forget " I think that Boggleheads are very much aware of the lack of personal IT investment. Boggl...
by New Providence
Thu Jul 02, 2020 11:58 am
Forum: Personal Consumer Issues
Topic: YoutubeTV subscription now $64.99/month
Replies: 173
Views: 13498

Re: YoutubeTV subscription now $64.99/month

My home is a subscription free zone (other than paying for basic internet service and cableTV). That is good. I am "debt free" except for my mortgage and one car loan. :mrgreen: :D Hard to be "subscription" free as electricity, gas, water, garbage, sewer are subscriptions. I'm also "debt free" exce...
by New Providence
Wed Jul 01, 2020 9:22 pm
Forum: Personal Consumer Issues
Topic: does anyone have a subscription to youtube tv?
Replies: 118
Views: 7517

Re: does anyone have a subscription to youtube tv?

The increased price is terrible news. There's no savings with streaming service anymore. Hulu Live costs same, but they say that it is glitchy. FUBO could be better option. Same price as YouTube TV (just went up too), twice the channels and plenty of soccer. Philo is $20 but only a couple of Viacom...
by New Providence
Wed Jul 01, 2020 7:30 pm
Forum: Personal Consumer Issues
Topic: does anyone have a subscription to youtube tv?
Replies: 118
Views: 7517

Re: does anyone have a subscription to youtube tv?

The increased price is terrible news. There's no savings with streaming service anymore. Hulu Live costs same, but they say that it is glitchy. FUBO could be better option. Same price as YouTube TV (just went up too), twice the channels and plenty of soccer. Philo is $20 but only a couple of Viacom ...
by New Providence
Wed Jul 01, 2020 7:25 pm
Forum: Personal Consumer Issues
Topic: YoutubeTV subscription now $64.99/month
Replies: 173
Views: 13498

Re: YoutubeTV subscription now $64.99/month

This is terrible news. There's no savings with streaming service. Hulu Live costs same, but they say that it is glitchy. FUBO could be better option. Same price as YouTube TV (just went up too), twice the channels and plenty of soccer. Philo is $20 but only a couple of Viacom channels. A few yrs ago...
by New Providence
Wed Jul 01, 2020 7:14 pm
Forum: Personal Consumer Issues
Topic: I sold my boat today
Replies: 20
Views: 3968

Re: I sold my boat today

And, contrary to the common saying, it wasn't one of the happiest days of my life. I was pretty sad. But still, less headaches now. We've sold the lake condo, and now we're getting rid of everything else. Streamlining our lives as we get ready for the next phase of our life. We can take that money ...
by New Providence
Tue Jun 30, 2020 7:38 am
Forum: Personal Finance (Not Investing)
Topic: What is the best financial decision you ever made?
Replies: 213
Views: 16369

Re: What is the best financial decision you ever made?

I think that I became a millionaire because of my heavy investment in myself. From the day I was a teenager, living on my own, till today, I have never hesitated to spend a lot of my money on IT, books, magazines, tuition, courses, newspapers, movies, etc, etc. The returns on that investment have be...
by New Providence
Sun Jun 28, 2020 8:15 pm
Forum: Personal Investments
Topic: What to do with Home Equity
Replies: 52
Views: 3195

Re: What to do with Home Equity

One of the downsides of using your Home Equity to take risk in exchange for profit is that you could lose your house.

Proceed with caution.
by New Providence
Sun Jun 28, 2020 2:14 pm
Forum: Personal Investments
Topic: Sell when company stock vests or wait 1 year?
Replies: 15
Views: 895

Re: Sell when company stock vests or wait 1 year?

sailaway wrote:
Sun Jun 28, 2020 11:58 am


Sell immediately and diversify.
Keeping it is a form of diversification. I kept my shares and made 30% return when my co. was acquired.
by New Providence
Sun Jun 28, 2020 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Where should my nephew go to college?
Replies: 55
Views: 3407

Re: Where should my nephew go to college?

Where should my nephew go to college? I have been asked my opinion about where to send my nephew to college. My brother is middle class and my nephew has good grades and SAT scores. In providing advice, I want to provide references for what I suggest. Based on the studies that I’ve seen, see quote ...
by New Providence
Sat Jun 27, 2020 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Which College degrees are worthwhile?
Replies: 228
Views: 13802

Re: Which College degrees are worthwhile?

Which degrees are still worthwhile/ likely to lead to employment these days? "Worthwhile" and "likely to lead to employment" are two different questions. The worth of knowledge is defined by your value system. For me, any college degree is worthwhile because I value knowledge and education in itsel...
by New Providence
Sat Jun 27, 2020 9:11 am
Forum: Investing - Theory, News & General
Topic: Investing vs working
Replies: 67
Views: 5248

Re: Investing vs working

If there's a tipping point where one makes more investing than from labor it's likely nowhere near the median here in the US. I'm mid-50s, fairly close to a median earner, and also close to average investment holdings for my age (likely above the median, though -- I'm not sure even half of adults i...
by New Providence
Sat Jun 27, 2020 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Which College degrees are worthwhile?
Replies: 228
Views: 13802

Re: Which College degrees are worthwhile?

Which degrees are still worthwhile/ likely to lead to employment these days? "Worthwhile" and "likely to lead to employment" are two different questions. The worth of knowledge is defined by your value system. For me, any college degree is worthwhile because I value knowledge and education in itsel...
by New Providence
Fri Jun 26, 2020 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Data Breach During Mortgage Process
Replies: 21
Views: 1264

Re: Data Breach During Mortgage Process

As has been said above, this is (unfortunately) not a new risk for you. Your data has likely been leaked so many times already it is a rounding error on your exposure. Assume this information is all public already. TBH, as I read this story, the thing that jumped out at me is that you plugged a fla...
by New Providence
Fri Jun 26, 2020 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Which College degrees are worthwhile?
Replies: 228
Views: 13802

Re: Which College degrees are worthwhile?

Which degrees are still worthwhile/ likely to lead to employment these days? "Worthwhile" and "likely to lead to employment" are two different questions. The worth of knowledge is defined by your value system. For me, any college degree is worthwhile because I value knowledge and education in itself.
by New Providence
Fri Jun 26, 2020 11:01 pm
Forum: Investing - Theory, News & General
Topic: Investing vs working
Replies: 67
Views: 5248

Re: Investing vs working

While you are at it, you may want to look up for historical examples of how that works out at the end. When the leisure class is enjoying themselves while the masses toil away.