Search found 5328 matches

by stoptothink
Sun May 19, 2019 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: High net worth, elite private or “good” public
Replies: 136
Views: 7865

Re: High net worth, elite private or “good” public

Parenting is 50% of the equation. 40% is the child. 10% is the school. It'd be helpful if you can elaborate on parenting part in improve the situation or his motivation and grade overall. This board is, IMO, notoriously bad at giving parenting advice except for kids that have to choose between Harv...
by stoptothink
Sun May 19, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: High net worth, elite private or “good” public
Replies: 136
Views: 7865

Re: High net worth, elite private or “good” public

The most important thing in a school is to select and separate kids based on ability and intellectual levels and to promote some kind of competition . Most schools in US don't do this, private or public. Without getting this thread shut down, you know that this will never happen in the U.S.(and yes...
by stoptothink
Sun May 19, 2019 7:53 pm
Forum: Personal Consumer Issues
Topic: Replace possible failing tv or not
Replies: 22
Views: 1209

Re: buy a new one

Socrates wrote:
Sun May 19, 2019 7:12 pm
you can get a 42 inch 1080 4K TV from costco for about $230

you can get a 65 inch for about $650

TVs now a days are dirt cheap
I saw the 65" TCL for $448 at WalMart yesterday. We have the 55" - solid TV - and I believe we paid that exact same price <2yrs ago.
by stoptothink
Sun May 19, 2019 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Churning Credit Cards
Replies: 48
Views: 3320

Re: Churning Credit Cards

We're trying to figure out how to meet spending limits. After wife's tuition, we don't have many reocurring large expenses that could help us meet limits and we are simple (low expense) people. I'll likely buy a bunch of Winco and WalMart gift cards because we'll use those. Otherwise, MIL watches my...
by stoptothink
Sun May 19, 2019 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: High net worth, elite private or “good” public
Replies: 136
Views: 7865

Re: High net worth, elite private or “good” public

I wasn’t talking genetics, but since you are, the report states that 49% of traits are hereditary. Am I missing something about your argument? That is a VERY well known study (obviously, it is in Nature ) and I have no idea how it is relevant to what you said. Not saying Bluebolt is necessarily wro...
by stoptothink
Sun May 19, 2019 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE - What am I missing in the News Stories
Replies: 94
Views: 5890

Re: FIRE - What am I missing in the News Stories

My .02 if they have under $3m they are just delusional that their money will last. It sounds like you and Suze Orman would get along great. Most American households survive just fine for many years on incomes of far less than $90k annually ($3 million x 3% perpetual withdrawal rate). Millions do it...
by stoptothink
Sun May 19, 2019 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE - What am I missing in the News Stories
Replies: 94
Views: 5890

Re: FIRE - What am I missing in the News Stories

My .02 if they have under $3m they are just delusional that their money will last. It sounds like you and Suze Orman would get along great. Most American households survive just fine for many years on incomes of far less than $90k annually ($3 million x 3% perpetual withdrawal rate). Millions do it...
by stoptothink
Sun May 19, 2019 10:53 am
Forum: Personal Consumer Issues
Topic: Good quality sneakers for someone with foot issues?
Replies: 28
Views: 1703

Re: Good quality sneakers for someone with foot issues?

You have to realize that the running store salesman is highly likely someone who has zero formal education in biomechanics. Their qualifications to make recommendations are probably limited to...making $15/hr working in a running store. They might be more knowledgeable than someone off the street, ...
by stoptothink
Sun May 19, 2019 10:14 am
Forum: Personal Consumer Issues
Topic: Good quality sneakers for someone with foot issues?
Replies: 28
Views: 1703

Re: Good quality sneakers for someone with foot issues?

I have custom insoles to help me deal with some foot issues. I tend to roll my feet inward which causes major pain in my big toe joint. The insoles work, but only with a decent shoe. I'm looking for a versatile sneaker for everyday use. I don't run, but am active and lift weights. Unfortunately I d...
by stoptothink
Sun May 19, 2019 10:11 am
Forum: Personal Consumer Issues
Topic: Hiking shoe suggestion for supinators/under-pronators
Replies: 18
Views: 872

Re: Hiking shoe suggestion for supinators/under-pronators

I don't like the one pair of Oboz hiking shoes that I bought. I think I have Morton's Neuroma which causes pain under the mid toes. I've never owned Oboz, but one of my regular hiking friends really liked their pair...until they got particularly wet on one hike. It completely ruined the leather. Ne...
by stoptothink
Sun May 19, 2019 10:04 am
Forum: Personal Finance (Not Investing)
Topic: High net worth, elite private or “good” public
Replies: 136
Views: 7865

Re: High net worth, elite private or “good” public

I wasn’t talking genetics, but since you are, the report states that 49% of traits are hereditary. Am I missing something about your argument? That is a VERY well known study (obviously, it is in Nature ) and I have no idea how it is relevant to what you said. Not saying Bluebolt is necessarily wro...
by stoptothink
Sat May 18, 2019 8:10 pm
Forum: Personal Consumer Issues
Topic: Arc'teryx - Anyone else here splurge?
Replies: 21
Views: 2742

Re: Arc'teryx - Anyone else here splurge?

all I usually buy what is on sale, owned Woolrich, Lowe's, Columbia, Mountain Hardware, Marmot, Eddie Bauer, no brand loyalty and had the best sale in person in store at Sierra Trading Post https://www.sierra.com/ Love Sierra Trading Post, we have a store about 20 miles north of us. But, we also ha...
by stoptothink
Sat May 18, 2019 8:05 pm
Forum: Personal Consumer Issues
Topic: Crazy to Sell a Newer Car for an Older Car?
Replies: 49
Views: 2708

Re: Crazy to Sell a Newer Car for an Older Car?

I should add that gas and insurance is also taken care of for me. I believe the warranty would take care of any routine maintenance. Why not just ask your folks for $10k to invest as well... sounds like you can have all you want. Warranty does not take care of maintenance. No offense, but it seems ...
by stoptothink
Sat May 18, 2019 7:59 pm
Forum: Personal Consumer Issues
Topic: Hiking shoe suggestion for supinators/under-pronators
Replies: 18
Views: 872

Re: Hiking shoe suggestion for supinators/under-pronators

For running, I wear the Brooks Glycerin shoes and they have been a life changer for me. Why not just use Brooks Cascadia? They have the same general specs as the Glycerins: neutral, 10mm drop, medium/high arch, cushioned. The GTX version is "waterproof." Thanks, I have not tried Cascadia yet, but t...
by stoptothink
Sat May 18, 2019 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: High net worth, elite private or “good” public
Replies: 136
Views: 7865

Re: High net worth, elite private or “good” public

I was referring to high school students driving BMWs and other cars that IMO a high school student should not have access to. So how does this work if the family car is a BMW? The inherent problem with being high wealth is your kids will inevitably live a high net worth lifestyle. In the long run, ...
by stoptothink
Sat May 18, 2019 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: High net worth, elite private or “good” public
Replies: 136
Views: 7865

Re: High net worth, elite private or “good” public

Parenting is 50% of the equation. 40% is the child. 10% is the school. Studies show that parental influence on children's behavioral traits are probably not nearly that high. What studies? Don’t just make up numbers. I would say on average that may be true because some parents are just terrible par...
by stoptothink
Sat May 18, 2019 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Churning Credit Cards
Replies: 48
Views: 3320

Re: Churning Credit Cards

This is getting me interested. I do online surveys, make ~$300/yr for about 5min/week of my time that I'd otherwise be doing nothing with. We make good livings, this is just fun money. Looks like it shouldn't be that difficult to make several times that with just a few cards a year. I'm checking ou...
by stoptothink
Sat May 18, 2019 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: High net worth, elite private or “good” public
Replies: 136
Views: 7865

Re: High net worth, elite private or “good” public

I'm not sure kids in the neighborhood socialize much together anymore. My kids spend their time online socializing with friends from school over playing with kids in the neighborhood. However, while I was previously distressed by that I note that nobody seems to play outside in our neighborhood. Fu...
by stoptothink
Sat May 18, 2019 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Careers in art
Replies: 91
Views: 4626

Re: Careers in art

College is NOT a place for a person to "FIND THEMSELVES", it absolutely is vocational job training. College isn't and shouldn't be just a vocational program. It's an opportunity for kids to learn how to think, how to find their own path, to be exposed to different people and opinions. It should giv...
by stoptothink
Sat May 18, 2019 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Churning Credit Cards
Replies: 48
Views: 3320

Re: Churning Credit Cards

This is getting me interested. I do online surveys, make ~$300/yr for about 5min/week of my time that I'd otherwise be doing nothing with. We make good livings, this is just fun money. Looks like it shouldn't be that difficult to make several times that with just a few cards a year. I'm checking out...
by stoptothink
Sat May 18, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: Crazy to Sell a Newer Car for an Older Car?
Replies: 49
Views: 2708

Re: Crazy to Sell a Newer Car for an Older Car?

So you considering selling a car that your parents have paid for to buy a cheaper one and invest the difference? First, there are transition costs so it won't be as lucrative as you think. Second, if I am understanding this situation correctly, IMO this should be your parent's decision.
by stoptothink
Sat May 18, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: High net worth, elite private or “good” public
Replies: 136
Views: 7865

Re: High net worth, elite private or “good” public

Private. Attending the private school was a life-changing event for one of my kids, and an improvement in the life of the other. This is in spite of the fact that the public school in our area was a very well regarded public school system, frequently ranked among the best in the nation. But, they w...
by stoptothink
Sat May 18, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: High net worth, elite private or “good” public
Replies: 136
Views: 7865

Re: High net worth, elite private or “good” public

Get the best education that money can buy if you can afford it. Potentially the highest lifetime returns per dollar spent. :D I generally agree with this, but paying $30k per year for 13 years (K-12) seems like a steep cost to recover, if you can get basically the same thing for free (not really fr...
by stoptothink
Fri May 17, 2019 6:19 pm
Forum: Personal Consumer Issues
Topic: Arc'teryx - Anyone else here splurge?
Replies: 21
Views: 2742

Re: Arc'teryx - Anyone else here splurge?

It depends what you do with them. Most "gear" is sold to people who walk with it n the parking lot, between the car and the cubicle. Or go in dangerous places like Europe with mild weather and plenty of shop and restaurants to get in. I ski ~15 days a year (from Lake Placid to California over the y...
by stoptothink
Fri May 17, 2019 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Careers in art
Replies: 91
Views: 4626

Re: Careers in art

College is NOT a place for a person to "FIND THEMSELVES", it absolutely is vocational job training. High School is where they are supposed to figure out what they like and don't like and "find themselves", and screw around. I strongly disagree with that. The likelihood of an 18 year-old having a li...
by stoptothink
Fri May 17, 2019 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Logistics of splitting tuition costs with child
Replies: 77
Views: 3372

Re: Logistics of splitting tuition costs with child

But they vary dramatically. My wife's "housing and other costs" for her undergrad is extremely limited; housing ($0, she lives in our home), transportation/parking is limited because she either takes the bus from her office or rides her bike when weather is good (it's ~2 miles from her office), and...
by stoptothink
Fri May 17, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Logistics of splitting tuition costs with child
Replies: 77
Views: 3372

Re: Logistics of splitting tuition costs with child

Yes, $40k for a 4 year education at a state college is not normal. Twenty years ago I paid $40k for a college education, and that was at a cheap school. It's a lot more normal than you think. The average cost of in-state tuition and fees for public universities in the U.S. is $10,270/yr and it is c...
by stoptothink
Fri May 17, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Bigger car, less economical but more safe.. Get used to smaller car over time?
Replies: 72
Views: 4073

Re: Bigger car, less economical but more safe.. Get used to smaller car over time?

And visibility in Odyssey > BMW. Sure. Try to parallel park both and then we'll talk again. As much as many safety features can be over hyped, the rear view camera has massively improved driving from parallel parking, to backing out of a spot with larger cars on each side, to lining up a trailer. T...
by stoptothink
Fri May 17, 2019 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Logistics of splitting tuition costs with child
Replies: 77
Views: 3372

Re: Logistics of splitting tuition costs with child

Average cost of in state public schools is about $10000 year. I suspect $10K is closer to the average straight tuition component of in-state costs. Add in R&B, fees, books and the like, and you're probably at least double that figure. Offsetting that may be assorted discounts/scholarships, includin...
by stoptothink
Fri May 17, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Logistics of splitting tuition costs with child
Replies: 77
Views: 3372

Re: Logistics of splitting tuition costs with child

Average cost of in state public schools is about $10000 year. I suspect $10K is closer to the average straight tuition component of in-state costs. Add in R&B, fees, books and the like, and you're probably at least double that figure. Offsetting that may be assorted discounts/scholarships, includin...
by stoptothink
Fri May 17, 2019 10:59 am
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 5258

Re: Guidance on choosing between UMich and Brown

I have never met anyone who didn’t have a great time at UMich. That said, I’d still pick Brown. The posts say that Brown is a liberal arts school, CS is an afterthought, etc. The same things were said to us about DS choosing Yale for CS. We know it was a great choice, notwithstanding his also being...
by stoptothink
Fri May 17, 2019 10:45 am
Forum: Personal Consumer Issues
Topic: $ Decisions: environmental, save the planet, organic, etc
Replies: 29
Views: 1457

Re: $ Decisions: environmental, save the planet, organic, etc

I don't buy organic as it hasn't been proven to be better for you and it is probably not better (and maybe even worse) for the environment. I know how to cook and find that how well you can cook makes a much bigger difference than if the chicken was free range organic or the eggs were such and such...
by stoptothink
Fri May 17, 2019 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Bigger car, less economical but more safe.. Get used to smaller car over time?
Replies: 72
Views: 4073

Re: Bigger car, less economical but more safe.. Get used to smaller car over time?

Jack FFR1846 wrote:
Fri May 17, 2019 10:20 am
Yes, they should bring back the Hummer H1. When I had my Lotus Elise, I was killed many times by large SUVs driving over me in my tiny car. Like, wicked killed. Think of the children.
:thumbsup
by stoptothink
Fri May 17, 2019 9:13 am
Forum: Personal Consumer Issues
Topic: More car buying advice
Replies: 29
Views: 1804

Re: More car buying advice

Thanks everyone for the replies. I'm waiting on a pre purchase inspection on the 2016 and if that comes back good chances are I'll buy it. The Carfax indicates it was rear ended and the airbags didn't deploy, so hopefully it will end up being nothing. As I'm in the mountains, the nearest large car ...
by stoptothink
Thu May 16, 2019 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Bigger car, less economical but more safe.. Get used to smaller car over time?
Replies: 72
Views: 4073

Re: Bigger car, less economical but more safe.. Get used to smaller car over time?

Is there any truth to this table from a MMM blog post? https://www.mrmoneymustache.com/wp-content/uploads/2012/06/nhtsa_car_types.jpg It seems to say that cars are generally safer than SUVs . The full blog is here: http://www.mrmoneymustache.com/2012/06/07/safety-is-an-expensive-illusion/ That's no...
by stoptothink
Thu May 16, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Bigger car, less economical but more safe.. Get used to smaller car over time?
Replies: 72
Views: 4073

Re: Bigger car, less economical but more safe.. Get used to smaller car over time?

Is there any truth to this table from a MMM blog post? https://www.mrmoneymustache.com/wp-content/uploads/2012/06/nhtsa_car_types.jpg It seems to say that cars are generally safer than SUVs . The full blog is here: http://www.mrmoneymustache.com/2012/06/07/safety-is-an-expensive-illusion/ That's no...
by stoptothink
Thu May 16, 2019 7:49 pm
Forum: Personal Investments
Topic: Airbnb Rental
Replies: 12
Views: 1433

Re: Airbnb Rental

We bought a rental house in our town that is 2 blocks away from the local small (6000 student) university. In the beginning, I had planned to make it a rental property. Local rentals in that area go for about $1250 to $1500 for a 3 bedroom house. After we got into the massive remodel . (I knew from...
by stoptothink
Thu May 16, 2019 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Logistics of splitting tuition costs with child
Replies: 77
Views: 3372

Re: Logistics of splitting tuition costs with child

Ultimately if they have 100K debt from a bachelor degree they went to the wrong school. A lot of the problem these days is students see college as an experience rather than education. They will go spend 120K getting a bachelor degree when they could spend 40K on a comparable program from a differen...
by stoptothink
Thu May 16, 2019 3:48 pm
Forum: Personal Consumer Issues
Topic: More car buying advice
Replies: 29
Views: 1804

Re: More car buying advice

I'm guessing that OTD, the difference is going to more than $7k. That being said, I'd probably just go for the new one, 94k miles is probably halfway through that vehicles reliable lifespan and you're looking at some annoying likely maintenance.
by stoptothink
Thu May 16, 2019 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: How do Bogleheads update their 401k contributions once they are able to max?
Replies: 19
Views: 1558

Re: How do Bogleheads update their 401k contributions once they are able to max?

Set it by $ amount instead of percentage - HR should be able to do that. I wish this was true. I've asked, countless times and nobody knows how it can be done. I generally front-load for the first few months and readjust to just get the match the rest of the year; of course payroll always screws it...
by stoptothink
Wed May 15, 2019 11:15 am
Forum: Personal Investments
Topic: sanity check
Replies: 10
Views: 786

Re: sanity check

more info: We're early 40s. I work at blue-chip fortune 100 companies that are stable. I think my monthly net is above $11k ($~5500 per paycheck after tax, healthcare, and 401k max). Mortgage is $4500, so that's $6500 per month after mortgage payment. I have not started the new job yet and basing t...
by stoptothink
Wed May 15, 2019 10:55 am
Forum: Personal Investments
Topic: sanity check
Replies: 10
Views: 786

Re: sanity check

I have a tech job in Bay Area and it was a real stretch to buy a house last year. Wife is SAHM, two kids. We're behind the curve in savings, need to pump away $$ for retirement. I do have a 200sqft studio on my property that can be rented for $1500/mo and wife wants to work part time. TC: $350-370 ...
by stoptothink
Wed May 15, 2019 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Do you reward yourself for achieving a financial goal?
Replies: 106
Views: 6107

Re: Do you reward yourself for achieving a financial goal?

Planning on buying a high-end electric-assist fat bike when we get the house paid off (ETA <3yrs). FWIW, it should be <.2% of our networth. We'll see if I actually go through with it.
by stoptothink
Wed May 15, 2019 9:28 am
Forum: Personal Consumer Issues
Topic: How long will a shirt last?
Replies: 34
Views: 2550

Re: How long will a shirt last?

<r><QUOTE author="RickBoglehead" post_id="4544855" time="1557922641" user_id="130960"><s>[quote=RickBoglehead post_id=4544855 time=1557922641 user_id=130960]</s> Who wears undershirts? <E>:shock:</E> <br/> <br/> What does "last" mean? Are pit stains ok since they don't show with a shirt over the und...
by stoptothink
Wed May 15, 2019 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Buying a "new" car - Advice pls
Replies: 68
Views: 4316

Re: Buying a "new" car - Advice pls

For those who say they do better driving new, I think they are trying to justify it to themselves. It's fine to drive a new car but not usually the best financial decision, which is ok. You can spend your money on whatever you want. Depends on the model. I spent 6 months looking for a Wrangler befo...
by stoptothink
Tue May 14, 2019 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Careers in art
Replies: 91
Views: 4626

Re: Careers in art

I look at both art and music in similar ways. If you have a marketable talent, schooling will refine your knowledge and give you practice but if one is going to be successful, they've already been making money with their talent. While not a career level, in high school, I played in a band that play...
by stoptothink
Tue May 14, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 58
Views: 3982

Re: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?

Just an anecdote about how screwy credit scores are, my mortgage was just sold. I received a notice this morning that my credit score dropped over 30 points literally overnight because one of my lines of credit (my mortgage) was closed out and a balance of "X" no longer existed. While I'd love for m...
by stoptothink
Mon May 13, 2019 8:19 pm
Forum: Personal Consumer Issues
Topic: What non frugal things save money?
Replies: 80
Views: 9443

Re: What non frugal things save money?

If you drive a lot, buying a new EV car can actually save money. I was spending $5.5K/year in gas on driving 25K miles/year. I bought a Model 3 ($62K). Electricty for the same miles would be $800/year. But we produce excess energy from solar, so fuel costs are near zero. And the Model 3 is pretty m...
by stoptothink
Mon May 13, 2019 8:14 pm
Forum: Personal Consumer Issues
Topic: Park City Utah Hiking
Replies: 23
Views: 1375

Re: Park City Utah Hiking

Bacchus01 wrote:
Mon May 13, 2019 6:23 pm
Do you need bear spray in this area?
I've hiked thousands of miles in Utah, I've never seen a bear. Moose, yes; and they are HUGE.
by stoptothink
Mon May 13, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Careers in art
Replies: 91
Views: 4626

Re: Careers in art

Just anecdotally, my childhood best friend, my sister, and one of my wife's best friends received art degrees at some universities with top art programs (UCLA, Brown, USC) and then the first two followed it up with graduate degrees. All really have struggled. My friend is now a junior high art teach...