Search found 1787 matches

by Bfwolf
Thu Oct 18, 2018 5:45 pm
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 104
Views: 7597

Re: Should we move to San Diego from east coast?

I live about 22 miles north of downtown San Diego. There most certainly are wildfires in my area. In fact in October 2007 my house burned down along with 362 others in my planned community area. It was called the "Witch Creek Fire". I think in all, 1400 homes were totally lost in the Witch Creek Fi...
by Bfwolf
Thu Oct 18, 2018 12:47 am
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 104
Views: 7597

Re: Should we move to San Diego from east coast?

My wife and I make a combined ~$195k in San Diego. We're able to comfortably save ~30% of our gross income by renting in University City, which is 15 minutes to just about everywhere. I have an easy 1-exit/15 minute commute to work and my wife walks to work. Weekends are spent in Balboa Park, Missi...
by Bfwolf
Wed Oct 17, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 104
Views: 7597

Re: Should we move to San Diego from east coast?

We are in the suburbs of Philadelphia, and annual combined income of 195k. Our family lives in La Jolla and we surely would be looking at towards north country, SD. La Jolla is too expensive, we are seriously thinking about it but the plan is to move in a year or so if we do. Trying to see if we ca...
by Bfwolf
Wed Oct 17, 2018 12:30 pm
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 104
Views: 7597

Re: Should we move to San Diego from east coast?

I used to live in San Diego, and my family still does so I visit often. Real concerns about San Diego: the cost of living (especially housing), jobs (if you're not in the few industries SD is known for), culture (could be a pro or a con depending on what you want but the culture is different from ot...
by Bfwolf
Fri Oct 12, 2018 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Best Roth Provider For Low $s
Replies: 8
Views: 396

Re: Best Roth Provider For Low $s

Use Schwab. There is another exception besides the $100 automatic monthly transfer. 5. The $1,000 minimum required to open an account is waived if you set up an automatic monthly transfer of $100 through direct deposit or Schwab MoneyLink® or open a Schwab Bank High Yield Investor Checking® account...
by Bfwolf
Fri Oct 12, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Best Roth Provider For Low $s
Replies: 8
Views: 396

Re: Best Roth Provider For Low $s

Use Schwab. There is another exception besides the $100 automatic monthly transfer. 5. The $1,000 minimum required to open an account is waived if you set up an automatic monthly transfer of $100 through direct deposit or Schwab MoneyLink® or open a Schwab Bank High Yield Investor Checking® account...
by Bfwolf
Fri Oct 12, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Best Roth Provider For Low $s
Replies: 8
Views: 396

Best Roth Provider For Low $s

I have several nephews and nieces in their late teens/early 20s that have some income from work and I'd like to have them start Roth IRAs, and I can put in a couple hundred dollars as seed money, just to get them in the habit of thinking about saving for retirement and seeing how investments can gro...
by Bfwolf
Fri Oct 12, 2018 12:01 am
Forum: Personal Consumer Issues
Topic: Which one: Lyft or Uber?
Replies: 44
Views: 2844

Re: Which one: Lyft or Uber?

Get both. It allows you to price compare. Both increase prices when demand outstrips supply but sometimes one is experience a higher surge in price than the other. If you are going to NYC, download Via also. It's a shared ride where you might be with other passengers (like Uber pool) and it picks u...
by Bfwolf
Thu Oct 11, 2018 11:58 pm
Forum: Personal Consumer Issues
Topic: Which one: Lyft or Uber?
Replies: 44
Views: 2844

Re: Which one: Lyft or Uber?

Would you use either to take you and your spouse from home to the airport? What worries me is that because of the bidding process, possibly hundreds of potential drivers would learn that a couple needs a ride from your house to the airport and know the house will be unoccupied for some period of ti...
by Bfwolf
Thu Oct 11, 2018 7:58 pm
Forum: Personal Consumer Issues
Topic: Anyone here major in Economics in college?
Replies: 68
Views: 3836

Re: Anyone here major in Economics in college?

At Berkeley, we see: Econ: Average starting salary: 71K - 16% seeking employment, 7% grad school https://career.berkeley.edu/sites/default/files/pdf/Survey/2017Econ.pdf Business: Average starting salary 77k, 8% seeking employment, 3% grad school https://career.berkeley.edu/sites/default/files/pdf/S...
by Bfwolf
Thu Oct 11, 2018 7:37 pm
Forum: Personal Consumer Issues
Topic: Which one: Lyft or Uber?
Replies: 44
Views: 2844

Re: Which one: Lyft or Uber?

Get both. It allows you to price compare. Both increase prices when demand outstrips supply but sometimes one is experience a higher surge in price than the other. If you are going to NYC, download Via also. It's a shared ride where you might be with other passengers (like Uber pool) and it picks up...
by Bfwolf
Sat Sep 29, 2018 7:56 pm
Forum: Personal Consumer Issues
Topic: Got my new Iphone Xs
Replies: 67
Views: 6796

Re: Got my new Iphone Xs

I got the Xs max for my wife and I. Great phone indeed. however, I really don't see the difference between OLED and lcd screen. Therefore, I recommend frugal bogleheads to buy the Xr version coming out next month in October for only $750 instead of Xs $1000. Save yourself $250. XR has a pixel densi...
by Bfwolf
Sat Sep 29, 2018 7:13 pm
Forum: Personal Consumer Issues
Topic: Experience With No Car? (Uber/Lyft)
Replies: 47
Views: 4430

Re: Experience With No Car? (Uber/Lyft)

I have been living without a car in Chicago for several years. I do not plan on buying one as long as I continue to live and work where I do now. I use Uber/Lyft infrequently (although they are sometimes essential) -- mostly I use only public transit (train and bus). I live near several good transi...
by Bfwolf
Sat Sep 29, 2018 6:42 pm
Forum: Personal Consumer Issues
Topic: Experience With No Car? (Uber/Lyft)
Replies: 47
Views: 4430

Re: Experience With No Car? (Uber/Lyft)

I was traveling for work. The client location was way, way, way way out in the boonies, so I rented a car, got behind the wheel, and ... and realized I had forgotten how to drive! :oops: An angel must have been back seat driving my car that week -- I got through with neither injuries nor property d...
by Bfwolf
Thu Sep 27, 2018 6:29 pm
Forum: Personal Consumer Issues
Topic: Is "earn and burn" the right travel rewards strategy?
Replies: 24
Views: 2576

Re: Is "earn and burn" the right travel rewards strategy?

We don't travel that much, and I've generally found airline miles inflexible, and thus always opt for cash rewards, bonuses, etc. I've got around 250k AA miles and have had a hard time using them, at least in terms of what I deem reasonable pricing. I could see for retired people with flexibility d...
by Bfwolf
Wed Sep 26, 2018 2:38 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2924
Views: 575879

Re: What's Your Credit Card Rewards Strategy?

Now that I have the Amex SPG card (first Amex card ever), I have to say that I like the Amex website interface more than Chase. The service seems more professional too. The problem is, I don't know what to do with MR points. Specifically, how to deal with Amex's mish-mash of airline transfer partne...
by Bfwolf
Tue Sep 25, 2018 12:49 am
Forum: Personal Consumer Issues
Topic: Is "earn and burn" the right travel rewards strategy?
Replies: 24
Views: 2576

Re: Is "earn and burn" the right travel rewards strategy?

Your base level for what you'll accept in value is dependent upon how many miles/points you have and how far in the future it'll be when you'll have more flexibility. If you're sitting on a million AA miles and won't achieve more travel flexibility for 10+ years, I think holding out for 1.5 to 2 cen...
by Bfwolf
Mon Sep 24, 2018 1:45 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 154
Views: 12123

Re: Considering Quitting Job - Seeking Advice. Would you do it?

RW73, congrats on your decision. I am wary of the approach of you saying I only want to work 50 hours a week for all the reasons you've given. It doesn't sound like your company has any work/life boundaries and it doesn't sound like you are skilled in trying to enforce those boundaries, so I worry t...
by Bfwolf
Mon Sep 24, 2018 12:48 am
Forum: Investing - Help with Personal Investments
Topic: Investment Advice for a Teacher
Replies: 19
Views: 1507

Re: Investment Advice for a Teacher

Your proposed portfolio is eminently reasonable. Just make sure that you can stomach a 35% drop in your portfolio value, which is something that could very well happen with 70% of your money in stocks.
by Bfwolf
Sun Sep 23, 2018 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice for a Teacher
Replies: 19
Views: 1507

Re: Investment Advice for a Teacher

Agreed, post all that's available to you and your total portfolio (if you have stuff outside your 403b) and you'll get better advice.
by Bfwolf
Thu Sep 20, 2018 2:14 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2924
Views: 575879

Re: What's Your Credit Card Rewards Strategy?

I'm waffling on which card I should get next. Overall goal is to build up airline points for future travel. Future destinations include Asia and Europe; can't be more specific at this time. At present I have a Chase Southwest RR VISA acquired last year as part of their California resident Companion...
by Bfwolf
Wed Sep 19, 2018 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: I see now why Rollovers can take FOREVER ....
Replies: 74
Views: 7894

Re: I see now why Rollovers can take FOREVER ....

For $200 I would go the easiest route possible. If she's over 59.5 can't she just withdraw it? She is over 59.5 and she is taking the easiest possible route. In service rollovers are not allowed, so she has to show she hasn't worked at this place in years and will not work at this place again. But ...
by Bfwolf
Mon Sep 17, 2018 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 5333

Re: 38% pay cut for dream job?

.... have a good understanding of what a career in the Foreign Service entails. I have several close family friends who range from junior FSO through retired senior FSO. ..... ... wife is in education (former principle) .....considered the affect living around the world would have.......some people...
by Bfwolf
Mon Sep 17, 2018 12:04 am
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 5333

Re: 38% pay cut for dream job?

Minet, I am curious what you decided (if you've decided). The job sounds like a great fit for you and your wife. But I guess I am surprised it wouldn't screw up the adoption process, and/or make it very difficult to raise young kids given the potential posts for a junior FSO. I don't think the pay c...
by Bfwolf
Sun Sep 16, 2018 1:16 am
Forum: Personal Consumer Issues
Topic: Picking a Charity
Replies: 69
Views: 2889

Re: Picking a Charity

I will echo the earlier poster who suggested using givewell.org. Their approach is to focus on results and cost-effectiveness, and they only recommend a handful of charities. Most charities have good intentions, but proving good results is very difficult. One charity not recommended by Givewell that...
by Bfwolf
Sun Sep 16, 2018 1:07 am
Forum: Personal Finance (Not Investing)
Topic: Single Family Homes in Chicago?
Replies: 33
Views: 3503

Re: Single Family Homes in Chicago?

I think all of this advice is irrelevant until OP says whether he has kids or not. I'm guessing he does not.
by Bfwolf
Thu Sep 06, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: Go to Istanbul next week. Any suggestions
Replies: 50
Views: 3844

Re: Go to Istanbul next week. Any suggestions

The highlights are certainly the Blue Mosque and the Hagia Sofia.

Take the official Bosphorus cruise to the end and back. There's a nice (but somewhat tough) hike at the end of it if you want. There's also some fish restaurants out there where you can have lunch.
by Bfwolf
Mon Aug 27, 2018 12:12 pm
Forum: Investing - Theory, News & General
Topic: Transamerica hit by SEC penalty (model portfolios didn't work)
Replies: 6
Views: 706

Re: Transamerica hit by SEC penalty (model portfolios didn't work)

I wish the article explained how the investigation ever came about in the first place.
by Bfwolf
Wed Aug 22, 2018 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Varying college costs across kids in the same family
Replies: 92
Views: 5232

Re: Varying college costs across kids in the same family

To me, the primary issue is not one of fairness but rather of incentives. If the cost of a good is $0, people will consume as much of it as they can. Who wouldn't want to go to a fancy private school if it cost them nothing? Now some kids may have a modicum of respect for their parents' money but ma...
by Bfwolf
Wed Aug 22, 2018 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: I love my job but DW hates location and I'm underpaid
Replies: 28
Views: 3129

Re: I love my job but DW hates location and I'm underpaid

Moving somewhere doesn't have to be permanent. You can telecommute from your dream town, and if your current job falls through at some point in the future or you're not loving it like you used to, you can start job searching in another city. Alternatively, as you said, you can job hunt in a location...
by Bfwolf
Tue Aug 21, 2018 12:17 am
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 76
Views: 14452

Re: I pay $6K in rent. Am I an idiot for not buying?

All that being said, a house you live in is always a liability. Don't be fooled. ASSET: It brings money to you LIABILITY: You put money towards it Therefore, a house you live is not an asset. A house that you rent out is. Assets have a net economic benefit to the owner. A house that you own and liv...
by Bfwolf
Mon Aug 20, 2018 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card to Pay off Overpayment of Student Debt
Replies: 18
Views: 1618

Re: Credit Card to Pay off Overpayment of Student Debt

Campy2010's point still stands though. You can get the 0% card and start putting your regular credit card purchases on it, paying the minimum on the credit card and funneling all the rest of your free money toward the higher rate loan. Once the loan is paid off, you funnel all your cash toward the c...
by Bfwolf
Fri Aug 17, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Elderly Relative Short on Money
Replies: 98
Views: 8830

Re: Elderly Relative Short on Money

I'm sorry that you are in this situation. I think that ensuring she is not paying a 1% management fee for her money is crucial. She definitely can't afford that. I like your plan of paying her $500 a month for babysitting. In terms of asset allocation, here's an outside-the-box way of thinking about...
by Bfwolf
Thu Aug 16, 2018 12:05 am
Forum: Personal Finance (Not Investing)
Topic: Seattle- mandatory affordable housing units affect single family home values?
Replies: 47
Views: 3522

Re: Seattle- mandatory affordable housing units affect single family home values?

Yes, it will probably affect her property value. Whether she can "scam" a potential buyer who doesn't realize what's going to happen, I don't know.

An interesting podcast on the subject. https://www.npr.org/sections/money/2018 ... y-backyard
by Bfwolf
Wed Aug 15, 2018 9:58 pm
Forum: Personal Consumer Issues
Topic: Travel delay: Can I *easily* get $60 back?
Replies: 39
Views: 2743

Re: Travel delay: Can I *easily* get $60 back?

Victoria, I may be misremembering, but my recollection is that it's the time you arrive at your destination that counts. However, I think you are going to have a hard time collecting given the weather and how close you are to being under 3 hours. But it's worth a shot. Flights originating outside th...
by Bfwolf
Wed Aug 15, 2018 12:37 pm
Forum: Personal Consumer Issues
Topic: Travel delay: Can I *easily* get $60 back?
Replies: 39
Views: 2743

Re: Travel delay: Can I *easily* get $60 back?

As mentioned above you are due compensation due to EU law. As mentioned in the linked article Condor owes you 300 euros. It's too bad you weren't over 4 hours late or it would be 600 euros! Getting the money from them may not be simple....I was delayed by a flight cancellation by Brussels Air at the...
by Bfwolf
Thu Aug 09, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Should I pay for a 401k?
Replies: 32
Views: 2300

Re: Should I pay for a 401k?

You missed a huge thing in your analysis: the $700 fee is annual, not one time. Under your scenario, the 401k would lose value every year as the $700 fee would outweigh the gains. I'd also argue your 0.5% tax load may be high. 2% dividends per year taxed at 15% rate would be a tax load of 0.3%. How...
by Bfwolf
Thu Aug 09, 2018 12:34 am
Forum: Investing - Help with Personal Investments
Topic: Should I pay for a 401k?
Replies: 32
Views: 2300

Re: Should I pay for a 401k?

I'm the OP. Many thoughtful responses here. Thank you. I have forwarded info on Guideline to my fellow employees, and we are considering it. We understand there could be an issue with ADP/ACP tests. Regarding the original question, I did the math. Perhaps somebody could double-check me. My assumpti...
by Bfwolf
Wed Aug 08, 2018 1:01 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3759
Views: 1068041

Re: What Movie Have You Recently Watched?

Blindspotting is an outstanding movie. It's interesting as a character study of personal growth and as a look at the clash of cultures in a gentrifying area. I really enjoyed 8th Grade. A very heartfelt coming of age film that nails the experience of that awkward age pretty well. I despised Puzzle. ...
by Bfwolf
Wed Aug 08, 2018 12:53 am
Forum: Investing - Help with Personal Investments
Topic: Should I pay for a 401k?
Replies: 32
Views: 2300

Re: Should I pay for a 401k?

The answer to your question is yes, I would pay $700 a year to have to access to a 401k I would max out, assuming I was under 50. Avoidance of dividend and capital gains taxes alone would certainly make it worth it. You don't mention your tax bracket, but assuming you project you'll be in a lower br...
by Bfwolf
Sun Aug 05, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: Maui Hawaii Trip - How to save money?
Replies: 52
Views: 5060

Re: Maui Hawaii Trip - How to save money?

It's (obviously) touristy, but I had a great time at Warren & Annabelle's magic show.
by Bfwolf
Sun Aug 05, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: "Skin in the game"
Replies: 105
Views: 7356

Re: "Skin in the game"

It's really tricky getting kids to make good ROI decisions when it comes to college. Lots of kids go to expensive private/out of state schools that aren't any better than their state school because it just "feels right" to them. It's fairly ridiculous but we've somehow developed a culture that says ...
by Bfwolf
Sat Aug 04, 2018 12:11 am
Forum: Investing - Help with Personal Investments
Topic: $100k Liquid, 21, no college education
Replies: 25
Views: 2531

Re: $100k Liquid, 21, no college education

Are you still running the business?
by Bfwolf
Sat Jul 28, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Starting from scratch
Replies: 17
Views: 2022

Re: Starting from scratch

The most important thing is your savings rate, i.e. your spending rate. The less you spend, the better this story turns out. The other stuff is important but everything is secondary to that. If you save $100K of that $400K per year, you'll be in great shape. And any payments against your loan PRINCI...
by Bfwolf
Fri Jul 27, 2018 12:13 am
Forum: Investing - Help with Personal Investments
Topic: Biggest financial decision of my life: selling a big wad of options
Replies: 46
Views: 5346

Re: Biggest financial decision of my life: selling a big wad of options

Wow, what a thread. OP, I really do hope your company isn't Facebook. The advice to take half off the table immediately is great. Twice as great advice would be to take it all of the table immediately. Imagine you had this money in cash. Would you ever for a second think of buying your company's sto...
by Bfwolf
Sun Jul 22, 2018 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Thank you for saving me from Fidelity $$$ advice! Now seeking help.
Replies: 15
Views: 2916

Re: Thank you for saving me from Fidelity $$$ advice! Now seeking help.

Welcome! Glad you found Bogleheads. This is a great place for advice. I would echo what the preceding poster said about starting by deciding what asset allocation you want. The 60/40 stock/bond suggestion by the Fidelity advisor is actually quite reasonable, but you need to decide what's right for y...
by Bfwolf
Tue Jul 17, 2018 1:34 pm
Forum: Personal Consumer Issues
Topic: Passport expiration time rules for France
Replies: 34
Views: 2512

Re: Passport expiration time rules for France

I concur with everybody else that you have plenty of time to renew without expediting. I renewed this year and got it back in just a couple of weeks.
by Bfwolf
Mon Jul 16, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 81
Views: 6783

Re: $540 a month on food for graduate student budget too much?

OP, The tricky thing is you probably don't have a lot of cooking skills nor enjoy cooking and that's pushing you to eat out a lot. And cooking for 1 probably seems like a lot of effort. But if you focus on cooking simple meals in bulk, you'll find that you don't need cooking skills and you can make ...
by Bfwolf
Mon Jul 16, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: Passport expiration time rules for France
Replies: 34
Views: 2512

Re: Passport expiration time rules for France

I am also seeing some web sites saying 6 months from day of entry. Since you have plenty of time til October, why not renew passports now?
by Bfwolf
Mon Jul 16, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: Passport expiration time rules for France
Replies: 34
Views: 2512

Re: Passport expiration time rules for France

US state department web site says "Passports must be valid for at least three months beyond your planned date of departure from the Schengen area."