Search found 901 matches

by ThatGuy
Wed Jun 19, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 555
Views: 49320

Re: Why are you NOT buying rental properties?

So out of curiosity, I have an acquaintance who buys junk houses, fixes them up enough to qualify for Section 8 housing and then puts Section 8 renters in them. He claims this is a great deal because the government makes sure he gets his money on time and supervises the renters to insure they don't...
by ThatGuy
Wed Jun 19, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 555
Views: 49320

Re: Why are you NOT buying rental properties?

tomtoms wrote:
Wed Jun 19, 2019 1:23 pm
Yet you don’t have a problem with working 9 to 5 for the next 40 years.
Being a wage slave ain't that bad when you can do it from home. Besides, many of us Boglehead wage slaves don't intend to do it for 40 years.
by ThatGuy
Mon Jun 17, 2019 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 555
Views: 49320

Re: Why are you NOT buying rental properties?

Real estate vs oil company is not a very good comparison. Residential real estate is probably the business with the lowest barrier of entry, and it requires no specialized knowledge. Oil drilling is something much more capital intensive and risky. Which begs the question, if there is such a low bar...
by ThatGuy
Thu Jun 06, 2019 2:26 pm
Forum: Personal Consumer Issues
Topic: Does a big family need 2 big cars? Question for 3 kid+ families
Replies: 58
Views: 3714

Re: Does a big family need 2 big cars? Question for 3 kid+ families

We should all be driving suburbans and living in 10 bedroom homes, because someday, maybe, you might have to transport a whole bunch of extra people or your entire family may decide to visit at the same time and refuse to sleep on couches. Why pay a premium every day because of the minute risk that...
by ThatGuy
Sat Jun 01, 2019 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: How do BH define Cost of Living Cities
Replies: 48
Views: 2697

Re: How do BH define Cost of Living Cities

If you can buy a Single-family house of 2,000 to 3,000 square feet at around 200K, it is an MCOL area. Anything lower than that, it is LCOL. Anything higher than that, it is HCOL or VHCOL. I'm probably going to regret responding to this, but 2,000-3,0000 square feet at $200k strikes me as really ch...
by ThatGuy
Thu May 30, 2019 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to pay for our kid's college (at all)?
Replies: 234
Views: 14880

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

I've not seen it mentioned, but can your son defer his acceptance for a year? Most schools allow this, and it gives you an extra 12 months to get your finances in order.

Your son could also get a McJob and mature a bit in the intervening 12 months, while still knowing he's going to college.
by ThatGuy
Sat May 25, 2019 7:50 am
Forum: Personal Consumer Issues
Topic: Low Flow Shower Heads
Replies: 11
Views: 1158

Re: Low Flow Shower Heads

High Sierra Showerheads is the manufacturer to look at. I like the High Sierra Classic , but if you want somethinig that looks a little less institutional you can go for the High Sierra Half Dome . They're also featured on Wirecutter . It’s the most powerful low-flow showerhead we tested, spraying d...
by ThatGuy
Wed May 15, 2019 6:35 am
Forum: Personal Consumer Issues
Topic: Chrome or Brushed Nickel [Bathroom fixtures]
Replies: 29
Views: 2249

Re: Chrome or Brushed Nickel

Nickel is too warm for my taste, so brushed chrome.

Image

Image
by ThatGuy
Thu Apr 18, 2019 4:40 pm
Forum: Personal Consumer Issues
Topic: College admission inputs - Purdue vs local SJSU vs others
Replies: 58
Views: 3540

Re: College admission inputs - Purdue vs local SJSU vs others

SJSU is fine, and will not limit his opportunity to get into a local company. Several local giants directly support the CS program at SJSU.

IF, and only IF, prestige is of concern I'd look at the Transfer Admission Gaurantee. He can get into UCSC or UCD with this program.
by ThatGuy
Tue Apr 16, 2019 11:02 am
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 10299

Re: seriously thinking about leaving S. CA but where to?

There is something called Köppen climate classification . Here is Köppen–Geiger climate classification for the world. https://upload.wikimedia.org/wikipedia/commons/thumb/d/d5/Köppen-Geiger_Climate_Classification_Map.png/2560px-Köppen-Geiger_Climate_Classification_Map.png California coast looks to ...
by ThatGuy
Wed Apr 10, 2019 4:52 pm
Forum: Personal Consumer Issues
Topic: Add more value to undergrad application during high school
Replies: 42
Views: 2210

Re: Add more value to undergrad application during high school

The person probably could increase his B+ grades to A- with a little attention. But the important thing to focus on is 'do your best'. If a B+ is the best for that individual, then it's something to be proud of. The difficult thing here is being honest about whether one is doing one's 'best'. That ...
by ThatGuy
Wed Apr 10, 2019 4:46 pm
Forum: Personal Consumer Issues
Topic: Add more value to undergrad application during high school
Replies: 42
Views: 2210

Re: Add more value to undergrad application during high school

I had a career as a research scientist. I had many high school interns and undergraduate interns. Not a single one ended up doing enough work to have their name on a publication. I know that probably 98% of professors would consider such interns a liability and a waste of their time and effort. Tha...
by ThatGuy
Wed Apr 10, 2019 4:01 pm
Forum: Personal Consumer Issues
Topic: Add more value to undergrad application during high school
Replies: 42
Views: 2210

Re: Add more value to undergrad application during high school

Does their school offer dual-enrollment with the local Community College? Take those classes! Even better, take classes in the summers either at the CC, or at a real college, such as Stanford . If the student knows what they want to do in life, shadow that career. This lets them know if this is some...
by ThatGuy
Wed Apr 10, 2019 2:41 pm
Forum: Personal Consumer Issues
Topic: Solution for a thick wallet
Replies: 58
Views: 5273

Re: Solution for a thick wallet

I like the Decadent Minimalist wallet, carried in my front pocket. I don't like how stiff the aluminum is so I sprung for the titanium version. The card size recommendation includes raised numbers, so if your cards are flat you can fit nearly 2x as many. This still requires that you figure out what ...
by ThatGuy
Wed Apr 03, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Follow-up on college engineering thread (computational v CS v Berkeley IEOR)
Replies: 77
Views: 3963

Re: Follow-up on college engineering thread (computational v CS v Berkeley IEOR)

It is much easier to learn and hone management and analytical skills than it is to learn computer science and he will be a much more viable candidate for a wide variety of jobs. A candidate with a CS undergraduate and a future MBA is a very strong combination for technical leadership positions and ...
by ThatGuy
Wed Mar 20, 2019 9:24 pm
Forum: Personal Consumer Issues
Topic: Where to live: Santa Barbara area versus Palm Beach versus Sarasota?
Replies: 28
Views: 2590

Re: Where to live: Santa Barbara area versus Palm Beach versus Sarasota?

The Day Hell Hit Santa Barbara

The Santa Ana is no joke. Still, of the places you listed, Santa Barbara is the only one worth living in.
by ThatGuy
Tue Mar 12, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Can or should we afford this house
Replies: 62
Views: 4402

Re: Can or should we afford this house

That said, I'm surprised people are saying even at $1.2 million is still too much on a $375k salary. That's 3.2x salary. Doesn't seem that crazy. You're getting that crazy talk from people who have never competed for a house in a HCOL. Housing is expensive, no doubt about it. Spending on a house in...
by ThatGuy
Tue Mar 12, 2019 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Can or should we afford this house
Replies: 62
Views: 4402

Re: Can or should we afford this house

… child related expenses. Those expenses go down when they get older, so make sure you are somewhere with good public schools. Hahahahahahaha. As the kiddos get older they require more enrichment activities so they can compete with all of the other highly educated professional families in your good...
by ThatGuy
Wed Mar 06, 2019 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: How the Fed calculates household's Net Worth
Replies: 99
Views: 6292

Re: How the Fed calculates household's Net Worth

Interesting discussions. Here's what I learned. 1. There's a standard definition of net worth = total asset - total debt 2. the Fed provides a flow chart showing which items are included in asset and debt category 3. How to calculate the value of each item is somewhat arbitrary. 4. Because of #3, s...
by ThatGuy
Wed Mar 06, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Framework to evaluate life and lifestyle choices?
Replies: 38
Views: 2761

Re: Framework to evaluate life and lifestyle choices?

Sometime long hours and high pressure are at least partly self inflicted. As a technical employee in the Bay Area, at this point I view anyone who spends more than ~44 hours a week on work as incompetent at their primary function. Crunch times happen, as Watty noted, but to consistently spend more ...
by ThatGuy
Tue Mar 05, 2019 2:07 pm
Forum: Personal Investments
Topic: Park college savings in a vacation home?
Replies: 29
Views: 1906

Re: Park college savings in a vacation home?

Also keep in mind vacationing at the same place years after year will get old, and by the time your kids hit the teen years they may want nothing to do with family vacations... Depends on the location of the 2nd home. The kids may want nothing to do with the parents , but if there's a large forest ...
by ThatGuy
Thu Feb 28, 2019 3:02 pm
Forum: Personal Consumer Issues
Topic: Going to "cash-only" restaurants?
Replies: 109
Views: 4504

Re: Going to "cash-only" restaurants?

At this point, I simply walk away from any business that won't accept a credit card. No, a debit card is not just as good. What about places that require a minimum purchase before accepting a card? I don't use those places either. I've walked out of more than I can remember to count when I see the ...
by ThatGuy
Thu Feb 28, 2019 10:35 am
Forum: Personal Consumer Issues
Topic: Going to "cash-only" restaurants?
Replies: 109
Views: 4504

Re: Going to "cash-only" restaurants?

If any of us had to step out of our affluent bubble and live on the incomes service people make I suspect we might not have such strong negative feelings about the cash economy.... In my state workers who get tips are still required to be paid the full minimum wage before accounting for tips. Despi...
by ThatGuy
Thu Feb 28, 2019 8:26 am
Forum: Personal Consumer Issues
Topic: Going to "cash-only" restaurants?
Replies: 109
Views: 4504

Re: Going to "cash-only" restaurants?

At this point, I simply walk away from any business that won't accept a credit card. No, a debit card is not just as good.

Kudos to them if they can stay in business while alienating some section of the populace that are like me.
by ThatGuy
Thu Feb 28, 2019 6:51 am
Forum: Investing - Theory, News & General
Topic: Misuse of the word "technology" in finance
Replies: 45
Views: 3689

Re: Misuse of the word "technology" in finance

I am also an engineer and all they do in my grandson's Tech high school class teach about computers. We could live without cell phones and computers, but not so much without power plants, cars, trains, trucks, ships, air planes, manufacturing plants, etc. etc. But we couldn't have modern power plan...
by ThatGuy
Fri Feb 22, 2019 7:22 pm
Forum: Personal Investments
Topic: Why Not 5 years of Expenses in Fixed Income, Remainder in Equities?
Replies: 49
Views: 4535

Re: Why Not 5 years of Expenses in Fixed Income, Remainder in Equities?

My only question for you is how do you know when to start using those bonds and then when do you revert back to equities? I have all funds paying out cash instead of reinvesting. If my cash is greater than 2 years of expenses then I push it into equities or bonds as needed to maintain my allocation...
by ThatGuy
Fri Feb 22, 2019 7:16 pm
Forum: Personal Investments
Topic: Why Not 5 years of Expenses in Fixed Income, Remainder in Equities?
Replies: 49
Views: 4535

Re: Why Not 5 years of Expenses in Fixed Income, Remainder in Equities?

Friends, I read an article by Jonathan Clements (October 2018) where he suggested a fixed income asset allocation determined by having 5 years worth of living expenses in fixed income such as short-term bonds/cash and the remainder in equities. He said a bear market rarely lasts over 5 years and if...
by ThatGuy
Thu Feb 14, 2019 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of college and 529
Replies: 642
Views: 25855

Re: Cost of college and 529

Not nothing, they learned lots of mind expanding stuff over the 31+ months they attended college! You can get that knowledge by simply sitting in on the lectures for free, no one will stop you. You can also just "audit" a course. Finally you can get all that knowledge and more for free online, or b...
by ThatGuy
Thu Feb 14, 2019 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 40696

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

I do not believe MMM ever advocated a 5% inflation adjusted withdrawal rate. I could be wrong. I think it was this blog post https://www.mrmoneymustache.com/2018/11/29/how-to-retire-forever-on-a-fixed-chunk-of-money/ that triggered this current thread. In it MMM says: Let’s say you want to be able ...
by ThatGuy
Thu Feb 14, 2019 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of college and 529
Replies: 642
Views: 25855

Re: Cost of college and 529

Case in point: I have a family member who was in her senior year of college studying in a lucrative field, where she would have been guaranteed solid employment virtually anywhere in the country, when she suddenly decided that she wasn't interested in college anymore and dropped out. She's still pa...
by ThatGuy
Mon Feb 11, 2019 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: 2 years in community college, then transfer? need opinion please
Replies: 118
Views: 5765

Re: 2 years in community college, then transfer? need opinion please

It warms my heart that so many on this board have traveled through a Community College. Even more so because Bogleheads sometimes comes off as rather elitist.
by ThatGuy
Mon Feb 11, 2019 11:58 am
Forum: Personal Consumer Issues
Topic: Experience with Passive building?
Replies: 9
Views: 1134

Re: Experience with Passive building?

You can read about Passive House at their US site, here . I would recommend spending more time on Green Home Building Advisor , the subscription is well worth it. Building Science is also a treasure trove of information. When you get close to doing this for real, find an architect that knows how to ...
by ThatGuy
Sat Feb 09, 2019 11:47 am
Forum: Investing - Theory, News & General
Topic: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) now available (February 7)
Replies: 181
Views: 21333

Re: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) now available (February 7)

So how do places like Google Finance track mutual funds; they aren't listed on stock exchanges I believe?

I'm mostly wondering when Excel will update to allow me to pull in prices for the new funds.
by ThatGuy
Sat Feb 09, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Buying house with son [and his girlfriend]
Replies: 169
Views: 6097

Re: Buying house with son

As i stated repeatedly. I am looking for BH advice. I didnt come here completely ignorant with a Tabula Raza mentality. Just because i have countered almost every argument that finds fault with this concept doesnt mean i dont want to listen or that i havent sought other advice and thought through t...
by ThatGuy
Thu Feb 07, 2019 2:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) now available (February 7)
Replies: 181
Views: 21333

Re: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) now available (February 7)

I just converted my individual shares into admiral shares for VFSAX. There was no "convert" button when I logged in. I had to go through the "Find out if you're eligible for conversion now" link from How to convert to Admiral Shares.
by ThatGuy
Wed Feb 06, 2019 8:10 pm
Forum: Personal Consumer Issues
Topic: replacing tires on AWD cars do you have to do all 4
Replies: 83
Views: 4005

Re: replacing tires on AWD cars do you have to do all 4

Yes you have to replace all four tires to get them matched. If they are not matched in type and size and diameter (which changes with wear) they will cause the transfer case and differentials to break. So how do you match the tire pressure which should affect the effective radius more than 1 mm of ...
by ThatGuy
Mon Jan 28, 2019 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3453

Re: Opinions on Computational Engineering Undergraduate Major

Read flag is that it is under Aerospace and not EE. Yup, to judge a book by its cover, it looks like a ME/AE major with a 'finite element analysis' tilt Fortunately we don't have to judge a book by its cover and can look at the degree page description , which shows it is not at all how you judged i...
by ThatGuy
Mon Jan 28, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Post-9/11 GI Bill for college questions
Replies: 29
Views: 1557

Re: Post-9/11 GI Bill for college questions

For service members, the Post 9/11 GI Bill will 1. Cover tuition and fees at at a college up to the rate of the most expensive in state option. I.e. if you go to your in state flagship it will cover all tuition and fees. If you go to a private school, it will cap at the cost of the flagship leaving ...
by ThatGuy
Mon Jan 28, 2019 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3453

Re: Opinions on Computational Engineering Undergraduate Major

It hasn't been specifically stated so I do want to ask. Has the child looked into how hard it is to change majors at UT Austin? This is a solid school, and if they can be admitted under this hybrid degree and easily change to CS or AE when they decide they like one or the other, that's a valid appro...
by ThatGuy
Mon Jan 28, 2019 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3453

Re: Opinions on Computational Engineering Undergraduate Major

Thanks to everyone that has responded, seems like we do have lots of technical BHs. I get a sense that the majority of people feel that the traditional path for undergrad (eg ME, CS, EE, CE) would best. I guess the thing that is confusing to me is that from my understanding (I am not an engineer bu...
by ThatGuy
Sun Jan 27, 2019 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3453

Re: Opinions on Computational Engineering Undergraduate Major

ME and EE are out as he wants more programming/CS than your average ME degree. And he is not so keen for EE as he is not so interested in all the electronics/circuits/power etc. CS is still on the table and he is accepted at Northeastern in CS and physics (combined degree) Have him look at the spec...
by ThatGuy
Sun Jan 27, 2019 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3453

Re: Opinions on Computational Engineering Undergraduate Major

dknightd wrote:
Sun Jan 27, 2019 5:10 pm
I know CS grads who know no math or physics.
How do you do computer science without knowing math? The field is a direct descendant of mathematics...
by ThatGuy
Sun Jan 27, 2019 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3453

Re: Opinions on Computational Engineering Undergraduate Major

Every company I've worked for doesn't let new graduates do computer analysis when it matters. In fact, I can only think of a single person who was doing FEA/CFD without having a graduate degree. What's more, I had several classes which taught me FEA/CFD algorithms in undergrad. At the graduate level...
by ThatGuy
Sat Jan 26, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Do you ever feel overpaid?
Replies: 72
Views: 4548

Re: Do you ever feel overpaid?

Not a typical question, do you think your overpaid for what you do? Hahahahahaha! Not with all of the conspicuous consumption near me. Stanford Shopping Center has really changed in the past decades. Based on my job title and what someone in my position should be doing, I'm paid fairly. Based on wh...
by ThatGuy
Sat Jan 26, 2019 1:45 pm
Forum: Personal Consumer Issues
Topic: Victim of my own success! How to deal with a complex life?
Replies: 103
Views: 9136

Re: Victim of my own success! How to deal with a complex life?

It affects my performance at work and I bicker a lot with my spouse. So it's hit the point where I need to figure out who I can farm off work to ... Anyways I am curious to hear from other middle-aged folks on how they "create" more time. House cleaning help. Biggest ROI in terms of reducing marita...
by ThatGuy
Wed Jan 23, 2019 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: What is Considered Middle Class?
Replies: 36
Views: 3224

Re: What is Considered Middle Class?

Afty wrote:
Wed Jan 23, 2019 3:19 pm
The terms "middle" and "upper class" are fraught with connotations unrelated to income or even wealth. In the U.S., we have a long history of anti-elitist and anti-nobility attitudes. Hence, everyone wants to think they are middle class.
Class Sketch
by ThatGuy
Wed Jan 23, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: What is Considered Middle Class?
Replies: 36
Views: 3224

Re: What is Considered Middle Class?

https://statisticalatlas.com/about "We currently present data from the US Census Bureau, specifically from the 2010 census, and from the 2012-2016 American Community Survey. " Thank you for that. I'd still like to know which numbers are tied to which survey, or if they're adjusting for inflation. B...
by ThatGuy
Wed Jan 23, 2019 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: What is Considered Middle Class?
Replies: 36
Views: 3224

Re: What is Considered Middle Class?

Two-thirds to two times family median income for the county. US family median income is $65,443. Family median income in my county is $58,947 Where are you finding the median family income by county or city? US QuickFacts only gives household numbers, and I can't seem to dig county info from US Cen...
by ThatGuy
Wed Jan 23, 2019 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: What is Considered Middle Class?
Replies: 36
Views: 3224

Re: What is Considered Middle Class?

Two-thirds to two times family median income for the county. US family median income is $65,443. Family median income in my county is $58,947 Where are you finding the median family income by county or city? US QuickFacts only gives household numbers, and I can't seem to dig county info from US Cen...