Search found 4419 matches

by stoptothink
Sat Dec 15, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire
Replies: 20
Views: 1392

Re: Can I retire

I'm wondering where you're getting the $50k private $10k state college numbers. Are you picking these out of the air? I've got one son in private engineering college and we're a tick under $70k on campus. I suppose if your kid lives at home, $50k might be close. I'll have to assume you're projectin...
by stoptothink
Sat Dec 15, 2018 11:08 am
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 183
Views: 13517

Re: What Happened to you during the Financial crisis of 2007–2008

I learned from it and am in a much better place now. It also made me much more conservative in my carer planning and rather than chase the high risk/big money at a FAANG I transitioned to a very conservative, stable, cash flush private corporation. I'll never make the big salary but have phenomenal...
by stoptothink
Sat Dec 15, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 60
Views: 2899

Re: Favorite Purchase of 2018?

Spotify student (my wife is a student) a few months ago. I am a bit of a luddite, but music streaming is one bit of technology that I can absolutely say is worth it.
by stoptothink
Sat Dec 15, 2018 10:23 am
Forum: Personal Consumer Issues
Topic: Should I buy a Tesla?
Replies: 67
Views: 2508

Re: Should I buy a Tesla?

Americans are by and large too cavalier about safety. Having the maximum chance of protecting you and your family's life is an excellent reason to spend a lot on a car. Spending more on a car that is supposedly "safer" is probably the least cost-efficient way to statistically decrease your chances ...
by stoptothink
Sat Dec 15, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Should you always use a 529?
Replies: 55
Views: 4579

Re: Should you always use a 529?

I am one of the rare posters here who does not prioritize paying for the college education of my children. I cash-flowed myself through 11yrs of higher education and am now cash-flowing my wife through her undergrad. Furthermore, we live in an area with the cheapest universities in the country (tuit...
by stoptothink
Fri Dec 14, 2018 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Investing Too Much?
Replies: 18
Views: 1656

Re: Am I Investing Too Much?

You should strive to invest 40% or more of your income.... Oof, that's a really high number. 40% to investments and 20% to taxes doesn't leave a lot left over. Becomes easier and easier as the income increases. 40% was difficult, but we did it, when we first married and our household income was ~$8...
by stoptothink
Fri Dec 14, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 97
Views: 4269

Re: Volkswagen Reliability

Purchased a '17 Jetta 2yrs ago, 24k miles and zero issues and we love it so far. Anything remotely comparable would have cost $6-7k more (we got it for <$14k OTD) so even if it starts having issues <100k miles I'd probably think we got our money's worth.
by stoptothink
Wed Dec 12, 2018 1:23 pm
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 183
Views: 13517

Re: What Happened to you during the Financial crisis of 2007–2008

I was 24 in 2008, two years of 401k and Roth contributions. All money in target 2050. I started maxing my 401k around 2008. Survived 7 layoffs at megacorp. I lost $1500 when I exchanged an abismal Chinese mutual fund for a us s&p fund. My 401k and Roth have a combined 600k now after just 13 years o...
by stoptothink
Wed Dec 12, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 7699

Re: To each his own ( I guess ) [Opinions of traveling in retirement]

Travel used to be only for the rich. We live in a time in which every 20-something expects to buy a ticket to Thailand for winter break. The era of Mass Tourism is evident to anyone who has fought the crowds in prime tourism locations, or seen the gigantic cruise ships pull into tiny harbors. About...
by stoptothink
Tue Dec 11, 2018 10:04 pm
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 183
Views: 13517

Re: What Happened to you during the Financial crisis of 2007–2008

I was in my mid-20's and in the process of losing nearly my entire life savings (~$300k, retirement consisted of nothing but a low 5-figure amount in a Roth IRA) in real estate development and investing. I am fortunate that I had a full-time job (I was not leveraged at all), was responsible for nob...
by stoptothink
Tue Dec 11, 2018 8:15 pm
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 183
Views: 13517

Re: What Happened to you during the Financial crisis of 2007–2008

I was in my mid-20's and in the process of losing nearly my entire life savings (~$300k, retirement consisted of nothing but a low 5-figure amount in a Roth IRA) in real estate development and investing. I am fortunate that I had a full-time job (I was not leveraged at all), was responsible for nobo...
by stoptothink
Tue Dec 11, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 21633

Re: What percentage of your net worth is your home equity?

We owe ~$90k on a home worth ~$250k, so approximately 15%.
by stoptothink
Tue Dec 11, 2018 11:37 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 7699

Re: To each his own ( I guess ) [Opinions of traveling in retirement]

Maybe it's no pretentious, but I'm one that thinks it's wildly overrated. Learning about other other cultures outside of the US is ‘wildly overrated’....that statement is so preposterous that I find it hard to believe that anyone would say it seriously, but as the thread title says, each to their o...
by stoptothink
Tue Dec 11, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 7699

Re: To each his own ( I guess ) [Opinions of traveling in retirement]

You've been listening to too much Henry Rollins. 99.9% of people couldnt care less what people eat, what kind of bed they sleep on, what sports team they like, etc etc. Saying things like that makes you sound pretentious. What a bizarre attitude. Being interested in other cultures is ‘pretentious’?...
by stoptothink
Mon Dec 10, 2018 12:11 pm
Forum: Personal Consumer Issues
Topic: safest downhill ski helmet
Replies: 30
Views: 982

Re: safest downhill ski helmet

I always get a kick out of people asking about the safest parachute, the safest helmet, the safest car, the safest climbing rope etc. If your goal is to maximize safety, the gear probably isn't the place to focus your efforts. Reducing exposure will likely pay much bigger dividends. Any ski helmet ...
by stoptothink
Mon Dec 10, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 7699

Re: To each his own ( I guess )

Are we nuts? I hope not. I'm retired, too. And, I've traveled some in the US and overseas a little bit, and plan to do some more. However, the older I get the more I've come to realize that there are entire continents I'm no longer interested in seeing. Nowhere near retirement, but we (wife and I) ...
by stoptothink
Mon Dec 10, 2018 10:17 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3891
Views: 1089095

Re: What Movie Have You Recently Watched?

Crazy Rich Asians (CRA)—entertaining and glittering scenery and outfits (was viewed in theater) Only movie I will see again is CRA, plus probably it’s sequals, which are already being planned. The others were fine for watching on the plane. Everybody loved Crazy Rich Asians, my wife and I only made...
by stoptothink
Sun Dec 09, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: Teachers, Professors, and others with lots of vacation days: what do you do in the summer?
Replies: 49
Views: 4178

Re: Teachers, Professors, and others with lots of vacation days: what do you do in the summer?

I wish the myth that professors have summers off and lots of vacation would die. At research univiersities, time when classes are not in session is when professors do the work that determines their success, tenure, and raises - research. I woulnd't call it a myth. It might be a widely perpetuated c...
by stoptothink
Sun Dec 09, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18516

Re: Teachers Who Have Net Worth of $1 million +

Job security is lower. I guess we live in alternate universes. In PA, once a teacher has tenure, it is very difficult for the administration to remove them for poor performance. Much more job security than the private sector. Indeed. Also, i don't see that 60 hour work week either as describes abov...
by stoptothink
Sat Dec 08, 2018 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 8717

Re: How did YOU choose your career?

Looking back on my 30-year-old self, what made me miserable then was my perception that I was stuck, with no way out. Once I realized I had a way out, my misery vanished. I'm a firm believer in the importance of having options in life... I am 28 and in a job/career field (jeweler) that I am burnt o...
by stoptothink
Sat Dec 08, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 974
Views: 105205

Re: [What TV Show Have You Recently Watched?]

I just finished DD season 3 and I was looking forward to season 4 and then a week back I heard Netflix slashed DD too.. :( Anyway, I have started peaky blinders just now.. heard pretty good reviews of it and so far it looks good. I think I'll stick to it for now. Btw, Movies are way to crappy on UK...
by stoptothink
Sat Dec 08, 2018 3:17 pm
Forum: Personal Consumer Issues
Topic: Spotify or Amazon Music?
Replies: 39
Views: 2897

Re: Spotify or Amazon Music?

How about you not use your phone while driving. I see so many cagers flipping through their phones at redlights and other times. I use YouTube premium. All the music plus YouTube is ad free. People on their phones while driving is one of my major pet peeves, but how is using Spotify in the car diff...
by stoptothink
Thu Dec 06, 2018 2:27 pm
Forum: Personal Consumer Issues
Topic: Portable Bluetooth Speaker Recommendations (loud and good sound quality)
Replies: 33
Views: 1916

Re: Portable Bluetooth Speaker Recommendations (loud and good sound quality)

Ok so here's the deal, the most annoying thing about a lot of bluetooth speakers is that I have to get up and turn them in a large open area when I am moving around (say a pool or a garage gym) or they sound like butt. Even the loud ones. For this reason, my UE megaboom blows directional speakers o...
by stoptothink
Wed Dec 05, 2018 10:24 am
Forum: Personal Consumer Issues
Topic: Anyone else not enjoy going out?
Replies: 68
Views: 12004

Re: Anyone else not enjoy going out?

I have some built-in excuses: demanding job, 2 young kids, a wife who also has a demanding job and is a full-time student (so I handle the brunt of household responsibilities), and my job demands I stay in really good shape so I spend a lot of time working out. Furthermore, I regularly have to repre...
by stoptothink
Tue Dec 04, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: Daniel Kahneman: Your Intuition Is Wrong, Unless These 3 Conditions Are Met
Replies: 14
Views: 3479

Re: Daniel Kahneman: Your Intuition Is Wrong, Unless These 3 Conditions Are Met

Glad to see Kahneman getting the credit he deserves. For those who are unfamiliar, Amos Tversky and Daniel Kahneman basically created the field of behavioral economics. Kahneman won the Nobel Prize for creating Prospect Theory (Tversky died before he could be recognized). Kahneman's book "Thinking ...
by stoptothink
Tue Dec 04, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: What to negotiate in offers
Replies: 45
Views: 3173

Re: What to negotiate in offers

My wife (mostly) and I have hired hundreds of people. We both feel that usually, people are on their best behavior during the hiring process; it’s as good as they get. If someone, after a 55% increase (!), came to me with penny ante nonsense, I’d retract any offer before it was too late, and consid...
by stoptothink
Mon Dec 03, 2018 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do you get a year end bonus?
Replies: 78
Views: 5159

Re: Do you get a year end bonus?

Apologize for the rant, Im seriously amazed at the people who land these jobs that get these bonuses. It is safe to say I was/will never be lucky with the job market. Went to undergrad with a degree in business, went to grad school with a degree in healthcare admin, couldnt find a job to save my li...
by stoptothink
Mon Dec 03, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: First Triathlon. What bike to buy?
Replies: 34
Views: 1832

Re: First Triathlon. What bike to buy?

As a demonstration: I struggled to keep up with next door neighbor last year. He is at least 20 years my senior, and was riding on a very old aluminum road bike. I was riding my relatively new $1700 carbon fiber bike, and am in excellent physical condition from running 30-50 miles a week. However, ...
by stoptothink
Mon Dec 03, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Do you get a year end bonus?
Replies: 78
Views: 5159

Re: Do you get a year end bonus?

We get a bonus, dependent on performance. It has been been getting progressively smaller as the company has continued growing (I've been here just shy of 4yrs, in that time we've grown from ~1700 employees to 4,000+). I have hit the cap for bonus every year, this year it is 2.5% of salary for my sal...
by stoptothink
Sun Dec 02, 2018 7:00 pm
Forum: Personal Consumer Issues
Topic: Best values at Costco? Honestly, a little disappointed...
Replies: 166
Views: 18013

Re: Best values at Costco? Honestly, a little disappointed...

There are lot of threads on this that you can lookup. Since you live an hour away it would be hard to justify the membership so you might want to get a refund on it. If you want you could then go to maybe once a year with a friend that has a membership. It is true that you can usually often find th...
by stoptothink
Sat Dec 01, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: "The Steak Dinner Annuity Pitch"
Replies: 60
Views: 7189

Re: "The Steak Dinner Annuity Pitch"

Just a few minutes before logging on here, I saw several pictures of one of my best friend's "events" at Ruth's Chris last night. He probably does 100 of these a year, it was the 4th event of the week for him, so I am pretty sure they are quite fruitful. I am not privy to the details of his finances...
by stoptothink
Sat Dec 01, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings Regret
Replies: 112
Views: 16853

Re: Too Much Savings Regret

Although they're weakly related, I don't conflate spending with enjoyment. My personal psychological makeup is that I regard savings as personal security. A dollar put into a dollar slice sustains me until the next time I'm hungry. A dollar put into a retirement portfolio reduces my overall, lifeti...
by stoptothink
Sat Dec 01, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: Why is Costco gas so much cheaper
Replies: 119
Views: 10352

Re: Why is Costco gas so much cheaper

Very little difference here, just checked on gas buddy and Costco is 3 cents per gallon less than next cheapest. OTOH, don't have huge lines like we did when we went to Costco for gas on a road trip in a place where it was significantly cheaper than every other station. Same. In fact, the closest C...
by stoptothink
Fri Nov 30, 2018 3:36 pm
Forum: Personal Consumer Issues
Topic: Best way to get housing suggestions?
Replies: 8
Views: 503

Re: Best way to get housing suggestions?

We live in a not so great school district and just had a baby. We love our house otherwise, however, if the right thing came along in a better school district, I would entertain moving. It would really take something very similar to what we have. Are there any online websites where we can put in wh...
by stoptothink
Fri Nov 30, 2018 11:13 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads justify taking vacation?
Replies: 102
Views: 4409

Re: How do Bogleheads justify taking vacation?

Can fellow Bogleheads and financially prudent people explain how do you justify taking vacation? So far I have come up with "reasons" for taking vacation, but I can't really justify any of them. - I don't like to do "touristy" things. I couldn't be bothered with whatever monument or landmark. - I a...
by stoptothink
Thu Nov 29, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: Remodeling - tipping?
Replies: 56
Views: 2748

Re: Remodeling - tipping?

I know it was appreciated, and I greatly appreciated their quality work. So why not "tip" and say Thank You? Why not stand on a street corner and hand out $20s? Such a bizarre rationalization, I have never met anybody who wouldn't appreciate being handed money that wasn't expected. The growing numb...
by stoptothink
Wed Nov 28, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: Why is the Honda Fit so hard to find?
Replies: 63
Views: 5873

Re: Why is the Honda Fit so hard to find?

You're looking for the high end version of a low end car. No wonder you can't find one. Most people who can afford leather seats on a Fit don't end up buying a Fit. They buy something larger instead — because they can afford it. Dealers only stock the low end models of low end cars. If you really l...
by stoptothink
Wed Nov 28, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Restaurant Budget
Replies: 113
Views: 6591

Re: Restaurant Budget

That's more than twice as much as my family of 4 spends total on food...it's also less than half of what I know other families spend on eating out. FWIW, our restaurant budget is $0/yr (I think my wife may have spent maybe ~$100 on a few lunches with co-workers in 2018). We are on the extreme end o...
by stoptothink
Wed Nov 28, 2018 1:06 pm
Forum: Personal Consumer Issues
Topic: Is good, quality luggage worth the price?
Replies: 88
Views: 5540

Re: Is good, quality luggage worth the price?

I see most people use smaller luggage and carryons. They are ok on a business trip, but what do you do when travelling with family? Two medium suitcases don't fit in many cars, especially in small rentals. A carry on inside the car is annoying. Brands recommended here (Travel Pro Platinum, B&R) don...
by stoptothink
Wed Nov 28, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Restaurant Budget
Replies: 113
Views: 6591

Re: Restaurant Budget

That's more than twice as much as my family of 4 spends total on food...it's also less than half of what I know other families spend on eating out. FWIW, our restaurant budget is $0/yr (I think my wife may have spent maybe ~$100 on a few lunches with co-workers in 2018). We are on the extreme end of...
by stoptothink
Tue Nov 27, 2018 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 8717

Re: How did YOU choose your career?

To make a long story short, I was a 31yr old with a newly minted PhD when I was recruited by one of the largest companies in my niche health products industry. I ultimately turned down that first offer and accepted one from the largest company in the industry a few months later. I literally didn't k...
by stoptothink
Tue Nov 27, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 444
Views: 54399

Re: Name something you had to have and now you regret purchasing it?

Here's a future regret http://wagonmaster.com Here's my future regret, and current regret I ever sold my 67 bug!!! https://www.classicvwbugs.com/ Miss my bay window bus. Really liked it, except for freezing to death in Omaha. Was at the library recently and stumbled across a YouTube video of someon...
by stoptothink
Tue Nov 27, 2018 6:45 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 444
Views: 54399

Re: Name something you had to have and now you regret purchasing it?

Almost all of my regret purchases are Christmas gifts I got my daughter that she never used: X-box, an artist tool to use with a computer so you could draw directly on the machine (that cost me $500 and she never used it), etc. +1, except for the wife. She'll hint all year about the next gadget she...
by stoptothink
Tue Nov 27, 2018 6:38 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 444
Views: 54399

Re: Name something you had to have and now you regret purchasing it?

My Breville Juicer. I saw a documentary called 'fat, sick, and nearly dead', which was fantastic. I made veggie juice every day for 2 weeks, it was going to change my life.....then it was a couple of times a week, then a few times a month...and now it's been about 3 years. I saw this documentary to...
by stoptothink
Tue Nov 27, 2018 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Sell Stock or Student Loans for Grad School?
Replies: 13
Views: 686

Re: Sell Stock or Student Loans for Grad School?

I'd work full time and go to grad school at night and not have to worry about student loans..... 2 classes per semester including summer, gets you 18 credits per year, most MBA programs are 60 credits and some credit you may get waived from undergrad, so then closer to 45 credits, and you are done ...
by stoptothink
Tue Nov 27, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: How do value the cost of commuting?
Replies: 54
Views: 3435

Re: How do value the cost of commuting?

I also work from home 95% of the time My anecdote, I spent most of my 20's and early 30's commuting in some of the most congested metro areas in the country (Los Angeles, Houston, and Phoenix areas). 3yrs ago when I decided to become a homeowner, I limited my search to residences which were within ...
by stoptothink
Tue Nov 27, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: Why is the Honda Fit so hard to find?
Replies: 63
Views: 5873

Re: Why is the Honda Fit so hard to find?

You're looking for the high end version of a low end car. No wonder you can't find one. Most people who can afford leather seats on a Fit don't end up buying a Fit. They buy something larger instead — because they can afford it. Dealers only stock the low end models of low end cars. If you really l...
by stoptothink
Tue Nov 27, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: So that's why 2-day shipping isn't what I expected!
Replies: 41
Views: 4952

Re: So that's why 2-day shipping isn't what I expected!

this is why I canceled 'Prime' - why would I pay for two day shipping if i'm not getting two day shipping?? We are not renewing in January. I couldn't tell you the last time we received a package within 3 days, the last one took 8 days. The only thing that kept me on this year was the 5% cash back ...
by stoptothink
Mon Nov 26, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: $724k in debt and I want to buy a home.
Replies: 54
Views: 6472

Re: $724k in debt and I want to buy a home.

Regarding the gym, it's about $2k of equipment (most purchased used). I can generate $100/hour coaching, but again, limited on time. However, having a gym in my house has cut down on my weekly gym time by around 2 hours compared to going to a commercial gym. This is also closely related to my acade...
by stoptothink
Mon Nov 26, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: $724k in debt and I want to buy a home.
Replies: 54
Views: 6472

Re: $724k in debt and I want to buy a home.

Regarding the gym, it's about $2k of equipment (most purchased used). I can generate $100/hour coaching, but again, limited on time. You could make $100/hr "coaching" in your $2k basement gym? Talk to me, I'll quit my cushy 6-figure corporate job as an exercise scientist today (FWIW, I have a BS/MS...