Search found 817 matches

by ThatGuy
Wed Aug 15, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Compensation negotiation
Replies: 10
Views: 622

Re: Compensation negotiation

If your state is like California, then short circuit all of this nonsense and just ask for the salary range. Of course, recruiters seem to stop bothering me once I demand a pay scale. (c) An employer, upon reasonable request, shall provide the pay scale for a position to an applicant applying for em...
by ThatGuy
Wed Aug 08, 2018 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 14202

Re: Will you pay for your kids' college/graduate education?

Great now just move to PA. As you and so many others have DELIBERATELY attempted is to mention tuition rates for INSTATE kids. So your best example is 20k for potentially multiple kids x multiple years IF you are instate PA resident. I will stick to my original point that it is not easy to do for l...
by ThatGuy
Wed Aug 08, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 14202

Re: Will you pay for your kids' college/graduate education?

(Side point: many schools require freshmen to live on campus in university housing, so one can't automatically discount room and board as not really part of the cost.) The point is that your child has to eat and sleep somewhere whether they go to college or not. That's a sunk cost no matter what yo...
by ThatGuy
Wed Aug 08, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: What (simple) desktop to buy
Replies: 29
Views: 1254

Re: What (simple) desktop to buy

I'd get a NUC. They just "launched" the 8th generation of these but I don't see preorder dates anywhere. You can still get 7th gen for cheap here . I moved my own parent over to a chromebook even though I don't use Google for privacy concerns. I've come to the conclusion that most people just won't ...
by ThatGuy
Wed Aug 08, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 14202

Re: Will you pay for your kids' college/graduate education?

It's well documented that college costs have outpaced inflation by a large margin over the past couple decades. Tuition at private schools in the Northeast run around 52k/year. That's spectacular, and real. Did you read the first word in that post you quoted? It was public. The post also included t...
by ThatGuy
Wed Aug 08, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 12780

Re: "Age in Bonds" fails almost everyone

In fact, I'm going to make up a phrase right now. 70-30 before I'm forty. How does that sound? Does that get to be cute enough to be thrown around now as a rule of thumb? Maximum tolerable loss x 2 = Maximum equity allocation Just because it's cute, doesn't mean it's good advice. Just to be clear, ...
by ThatGuy
Mon Aug 06, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 14202

Re: Will you pay for your kids' college/graduate education?

Great news! You can't do that! Students are limited in what they can borrow, it would be hard to graduate with more than about $30K in debt. Parents can borrow substantially more through Parent Plus loans, or could even co-sign commercial loans for their students. But that would be the parents' (st...
by ThatGuy
Mon Aug 06, 2018 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 14202

Re: Will you pay for your kids' college/graduate education?

The only realities are: 1. College and graduate school costs have increased for EVERYONE since they last went to school (20 years ago+), 2. Paying for college costs are expensive and for most will have some dent to their personal savings themselves for retirement, and 3. College debt is starting be...
by ThatGuy
Thu Jul 26, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Moral dilemma - What would you do?
Replies: 54
Views: 5595

Re: Moral dilemma - What would you do?

That's his hope that giantcorp would reject the bad proposal as he is presenting both the options. That changes things drastically. If he is presenting his preferred option, as well as an alternative that he doesn't like, that actually speaks well of his company and the transparency with the client...
by ThatGuy
Thu Jul 26, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9266

Re: Toughest Purchase of my Life. Engagement Ring time

By the way, De Beers to start selling man made diamonds.
CNN Money wrote:Jewelry from the brand will go on sale in September. De Beers said prices will start at $200 for a quarter carat, and increase to $800 for a full carat stone.
by ThatGuy
Thu Jul 26, 2018 2:39 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9266

Re: Toughest Purchase of my Life. Engagement Ring time

How can I get over this? Any advice? Will this purchase seem like peanuts as time passes? I learned a few years back that I will agonize endlessly about a purchase before making it. Lots and lots of analysis, and temporizing over whether I should even make the purchase. The larger the dollar amount...
by ThatGuy
Thu Jul 26, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: Flooring: Hard wood vs Ceramic Tile that looks like wood
Replies: 26
Views: 2556

Re: Flooring: Hard wood vs Ceramic Tile that looks like wood

Ceramic that looks like wood... doesn't really look like wood. You can tell it's printed, and the grout lines are a dead giveaway. That said, it's not bad looking tile. Do it because tile fits your lifestyle and you like the colors, not because you think it passes for wood. And if you go with tile, ...
by ThatGuy
Tue Jul 17, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: California Homeowners - Do you have earthquake insurance?
Replies: 21
Views: 2091

Re: California Homeowners - Do you have earthquake insurance?

Big Dog wrote:
Tue Jul 17, 2018 8:43 am
Moreover, home mortgages are non-recourse. The lender could take your plot of land, but cannot go after you for the balance.
My understanding, in California, is that this is only true for your first mortgage. If you refinance all of a sudden they can go after you for any residual balance.
by ThatGuy
Tue Jul 17, 2018 7:20 am
Forum: Personal Consumer Issues
Topic: Amazon Prime Day 2018
Replies: 88
Views: 10163

Re: Amazon Prime Day 2018

Ninnie wrote:
Tue Jul 17, 2018 6:13 am
A few movies I had my eye on were actually priced higher. So much for that.
The 4-5 items I checked on CamelCamelCamel were all priced at the highest price in the last 12 months...

Amazon pricing just seems to suck in the past few years.
by ThatGuy
Sun Jul 01, 2018 6:05 am
Forum: Personal Finance (Not Investing)
Topic: $1 million house--- sanity check
Replies: 101
Views: 11650

Re: $1 million house--- sanity check

Nate79 wrote:
Sat Jun 30, 2018 7:26 pm
What is absurd is that people think because they live in HCOL that math doesn't apply to their special circumstances.
What is really absurd is people that don't understand that a multiple of income ignores the effect of interest rates on monthly payments.
by ThatGuy
Fri Jun 15, 2018 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 12492

Re: MD&P just purchased X / sold Y [md&pharmacist]

- amount = shares - fund (as of 6/15/2018) $291,437.17 = 1,129.689 - VFIAX (Vanguard 500 Admiral) $32,675.52 = 655.214 - VQNPX (Vanguard Growth and Income) $5,837.29 = 244.034 - VWNDX (Vanguard Windsor Fund) $89,407.53 = 4896.360 - UNPIX (Profunds Ultra International Fund) $194,301.02 = 7205.005 - ...
by ThatGuy
Thu Apr 26, 2018 11:12 am
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 11401

Re: Wedding - financial burden on couple and attendees

I agree with this. It does seem like the younger generation has a more selfish way of looking at things and is more concerned with doing things their way regardless of how it affects others, including family members, whereas it is more traditional (and I think less selfish) to consider how the choi...
by ThatGuy
Wed Apr 25, 2018 11:30 am
Forum: Personal Finance (Not Investing)
Topic: FIRE and health insurance
Replies: 25
Views: 4258

Re: FIRE and health insurance

So my big question is if I forgo the significant pension payout by teaching until I am 60, how do I insure my youngest who will be 18 if I retired at 54? If I read this correctly, you are NOT worried about health insurance for yourself, only for your youngest child? If it is correct that your healt...
by ThatGuy
Mon Apr 23, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: "How to Engineer your Layoff" book, has anyone read it?
Replies: 27
Views: 6442

Re: "How to Engineer your Layoff" book, has anyone read it?

Wow, these lifestyle bloggers really like to misappropriate words, don't they? I should write a book called "How to quantize your slavery into bliss!"
by ThatGuy
Fri Apr 20, 2018 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Guaranty appraisal on real estate. Good idea? This must be a bubble?
Replies: 21
Views: 1546

Re: Guaranty appraisal on real estate. Good idea? This must be a bubble?

kjvmartin wrote:
Fri Apr 20, 2018 12:00 pm
The house we lost today was listed for $235,000. Four years ago, relatives bought a similar house in the same neighborhood for 98k.

...

Thoughts on this?

It could be worse. Condemned Home in Fremont Sells for $1.23 Million
by ThatGuy
Fri Apr 20, 2018 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Good Dad, Bad Dad [pay for son's driving expenses (or not)]
Replies: 49
Views: 3935

Re: Good Dad, Bad Dad

Generally it is a major pain finding parking, and then he still may end up taking a bus around campus to get to his classes. When I was in college, it was faster for me to bike from my off campus residence to my first class than it was to drive, find parking, and walk in from the distance parking l...
by ThatGuy
Thu Apr 19, 2018 11:07 am
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 79
Views: 4971

Re: Another discussion about private vs public schools?

Standardized testing encourages a narrow scope of memorization and "teaching to the test" rather than development of natural curiosity, critical thinking and deeper understanding of the material. It would be interesting to hear some Boglehead teachers weigh in on this, as I know we have quite a few...
by ThatGuy
Thu Apr 19, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 79
Views: 4971

Re: Another discussion about private vs public schools?

If you don't know how to compare a public school in the South to a public school in the North, how are you coming to the conclusion that the private school is a good one?

What metrics are you looking at, and what do you think you are missing?
by ThatGuy
Wed Apr 04, 2018 6:50 pm
Forum: Personal Consumer Issues
Topic: VHCOL Home Buying Advice (Bay Area, where else?)
Replies: 65
Views: 5704

Re: VHCOL Home Buying Advice (Bay Area, where else?)

Be sure to also consider the earthquake risk when weighing the overall risk of different areas. When I was there I was thinking of buying my first house there and when I looked into the risk of earthquake damage the best I could come up with was that if I owned a house there then it might have sign...
by ThatGuy
Wed Apr 04, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: VHCOL Home Buying Advice (Bay Area, where else?)
Replies: 65
Views: 5704

Re: VHCOL Home Buying Advice (Bay Area, where else?)

I viewed this through the lense of keeping my housing expenses constant even when I purchased a home. This meant since my rents was $2100 I allowed my mortgage to be no more than $2100. If you traded a rent of $2,100 per month for a mortgage of $2,100, then your housing cost went up. Things like pr...
by ThatGuy
Wed Apr 04, 2018 12:07 pm
Forum: Personal Consumer Issues
Topic: VHCOL Home Buying Advice (Bay Area, where else?)
Replies: 65
Views: 5704

Re: VHCOL Home Buying Advice (Bay Area, where else?)

skteam wrote:
Wed Apr 04, 2018 12:03 pm
Prop 13 in California also makes regular home "upgrades" an expensive thing to do.
Listen to this guy. Prop 13 highly incentivizes buying one dream home and never moving. And then passing it on to your children/grandchildren so they can pay next to nothing in inflation adjusted property tax.
by ThatGuy
Wed Apr 04, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 11651

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

They buy a house at 3.5 times or more of their gross pay in advance of their baby being born . One good reason to do this is because when going for a mortgage they require you to account for how you're going to supervise children under 12. Daycare costs can really screw up financing, especially in ...
by ThatGuy
Wed Apr 04, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 11651

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

One good reason to do this is because when going for a mortgage they require you to account for how you're going to supervise children under 12. Daycare costs can really screw up financing, especially in HCOL areas. No baby, no need to account for daycare, larger mortgage, difference between being ...
by ThatGuy
Wed Apr 04, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 11651

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

They buy a house at 3.5 times or more of their gross pay in advance of their baby being born . One good reason to do this is because when going for a mortgage they require you to account for how you're going to supervise children under 12. Daycare costs can really screw up financing, especially in ...
by ThatGuy
Tue Mar 13, 2018 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 13869

Re: Need advice re: Liberal Arts Colleges...

Can someone enumerate the differences in critical thinking in a liberal arts degree versus a STEM degree? I stipulate that LA degrees are valuable, in no small part because of the communication skills one learns by writing lots and lots of papers. But I see over and over again that they teach critic...
by ThatGuy
Wed Mar 07, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Donations to your enrolled public school
Replies: 106
Views: 6517

Re: Donations to your enrolled public school

Zero also, as a matter of fact, I have never heard of anyone who donates anything to the public school system. I could think of a hundred other places that would be more deserving than that!!! OMG. You don't see the value in having good schools? Do you have kids? Even people without children or wit...
by ThatGuy
Wed Mar 07, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: Affordable Alternatives to Engineering Software
Replies: 10
Views: 965

Re: Affordable Alternatives to Engineering Software

If you have a *.edu email address you can get anything by Autodesk for free for 3 years. If you don't have a *.edu address, you can probably obtain one from your alumni association, or by applying to your local Community College whether you register for classes or not. Autodesk has 3D CAD called Inv...
by ThatGuy
Tue Mar 06, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Donations to your enrolled public school
Replies: 106
Views: 6517

Re: Donations to your enrolled public school

In many cases, the "discretionary"/extra money is spent on special ed, remedial programs, teacher pensions, or after-school programs that don't impact the average student. I highly doubt this extra money is spent on special education any more than it is spent on regular education. Schools are alloc...
by ThatGuy
Sun Mar 04, 2018 10:42 am
Forum: Personal Consumer Issues
Topic: Bathroom remodel decision
Replies: 41
Views: 2436

Re: Bathroom remodel decision

We are trying to decide when remodeling our master bathroom if it is better to change the sink to a double sink (tax assessed item) or make the shower larger (not tax assessed). The tax assessment notwithstanding, we are wondering which would be more attractive to buyers when we go to sell. There i...
by ThatGuy
Mon Feb 26, 2018 4:03 pm
Forum: Personal Consumer Issues
Topic: Strategies for getting out of a car dealership quickly?
Replies: 78
Views: 7528

Re: Strategies for getting out of a car dealership quickly?

If you cancel within 30 days, you pay nothing (this is the only reason I signed up, figured I could call and cancel after reading through it). If you financed this vehicle, please be aware that when you cancel they will likely not change your monthly payment. The return of your money will most like...
by ThatGuy
Sat Feb 24, 2018 1:04 pm
Forum: Personal Consumer Issues
Topic: Knob and Tube rewire cost
Replies: 28
Views: 3209

Re: Knob and Tube rewire cost

I am still trying to understand how a 1954 home can have knob and tube. The contractor cheaped out. Homes in my area were built in the early '50s as well, and not only did they have knob and tube wiring (some still do), but orangeburg pipe was installed. Orangeburg pipe is bitumenized fiber pipe ma...
by ThatGuy
Thu Feb 22, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Military FIRE; 7 years to go & losing motivation--HELP!
Replies: 36
Views: 3745

Re: Military FIRE; 7 years to go & losing motivation--HELP!

I don't know the specifics, but a coworker's spouse transferred from the Army into a full-time National Guard position at the same rank. They've not had to PCS since then. Along the same lines, what if you transferred to a the active component of a reserve unit? They still need people there all week...
by ThatGuy
Sat Jan 27, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC [Expected Family Contribution]
Replies: 111
Views: 9819

Re: Quit jobs to gain lower EFC

Since both US and International total market index funds are up more than 20% so far this year, the OP's portfolio has probably made more than $100,000 and possibly more than $200,000 this year. I know Vanguard and Yahoo Finance say that these funds are up ~20% YTD, but if you look at how that's ca...
by ThatGuy
Wed Dec 13, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: To buy or not in the SF Bay Area (yes another one)
Replies: 24
Views: 3067

Re: To buy or not in the SF Bay Area (yes another one)

Short commutes, in particular being able to walk/bike to work, is life changing. I would not give that up without a significant increase in another part of life. Do you have family in the area? Without ties to the area I would suggest ignoring the siren call to buy. My block appears to have more tha...
by ThatGuy
Fri Dec 01, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: For Musk, an Energy Feat the Size of a Football Field
Replies: 52
Views: 2712

Re: For Musk, an Energy Feat the Size of a Football Field

ThatGuy, I’m curious how the interview went. On a scale of 1-10, how tough would you say it is? I'd say a 7-8. It was not particularly technically challenging, they asked undergrad questions, but they were very exacting in wanting you to get 100% of their answers. I noticed walking around, and meet...
by ThatGuy
Fri Dec 01, 2017 3:10 pm
Forum: Personal Consumer Issues
Topic: For Musk, an Energy Feat the Size of a Football Field
Replies: 52
Views: 2712

Re: For Musk, an Energy Feat the Size of a Football Field

He made electric cars cool again. I don't own any tesla products or stocks. As far as I am concerned he is a genius and he deserves a lot of respect for what he does. I want him to succeed. Musk is obviously highly intelligent, driven, and has done quite a bit to move the industries he is intereste...
by ThatGuy
Sun Nov 19, 2017 11:55 am
Forum: Investing - Theory, News & General
Topic: is Amazon a monopoly?
Replies: 15
Views: 1122

Re: is Amazon a monopoly?

That I agree with. Deep under the hood there isn't much difference between Facebook or Google and Equifax but people using tech company products don't see it that way. One major difference is that a person chooses to give Google and Facebook* their information by actively signing up for an account....
by ThatGuy
Wed Nov 15, 2017 8:41 am
Forum: Personal Consumer Issues
Topic: Chromebook/Similar for Elderly Dad
Replies: 30
Views: 2545

Re: Chromebook/Similar for Elderly Dad

I've been through this. I recommend the ASUS C202SA . it's intended for small children, which is a good thing. For instance, the keyboard is resistant to spilled drinks, the edges are rubber coated to protect against falls, etc. Normally I'm against laptops unless you need the portability. I'm also ...
by ThatGuy
Thu Nov 09, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Worth changing 40 gal. to 30gal. hot water tank?
Replies: 90
Views: 6265

Re: Worth changing 40 gal. to 30gal. hot water tank?

Do you mean worth it in terms of dollars saved from energy cost? From an energy perspective, the difference between a 12 year old tank and a new tank is probably greater than the difference between 30 and 40. You could also buy a 40 gal that uses less energy than a 30 gallon. Each one has a label o...
by ThatGuy
Mon Oct 09, 2017 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 18904

Re: [Boglehead vs Mr Money Mustache philosophies]

Bogleheads: Can't retire if you have less than $5M because you need to spend $100K/year and you might end up in a Alzheimer's care unit for more than 10 years. MMM: Tell everyone you retired early but start secret businesses repairing/flipping houses and selling soap on etsy. Well done sir, you hav...
by ThatGuy
Sun Oct 08, 2017 3:14 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 626
Views: 70457

Re: Picking College and College Scholarships

TomatoTomahto wrote:
Sat Oct 07, 2017 4:27 pm
I have a lot of experience with Y students. I have less experience with H students and grads, but many grads seem to mention that they attended H within minutes of meeting, something that doesn’t seem to happen as quickly (if at all) with Y grads (hmmmmm).
Do their parents?
by ThatGuy
Sat Oct 07, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 626
Views: 70457

Re: Picking College and College Scholarships

TomatoTomahto wrote:
Fri Oct 06, 2017 7:57 pm
Harvard and Yale, for example, accept students with roughly comparable SATs, GPAs, etc., but I think I could spot a Harvard-fit vs. a Yale-fit at a thousand yards.
So what makes a Harvard man, vs. a Yale man, other than being a Kennedy? Or a Rutgers man?
by ThatGuy
Fri Sep 29, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 18400

Re: Bay Area Real Estate

One future trend that I would imagine will eventually lead to a big housing unlock in CA will be the eventual demise of the boomers. Not to be too morbid, but a lot of the housing supply is long held by people in their 60’s through 80’s who will not be around forever. I don’t know what percentage o...
by ThatGuy
Tue Aug 15, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Plan for making child pay for part of college
Replies: 111
Views: 7715

Re: Plan for making child pay for part of college

I encourage all parents of prospective college goers to look at the student budgets posted on their state flagship websites. For instance, for UC Berkeley, tuition and fees combined are $14,068 . Room & board is another $15,716 if you live on campus. In a previous post I noted that public colleges a...