Search found 3915 matches

by stoptothink
Wed Apr 18, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 139
Views: 7549

Re: Is Los Angeles a good place long term to live financially?

I understand what I’m trying to do is difficult, and might be overly ambitious for me at this time. BUT I think if I skipped going to school and just moved there, even for just a year, I could have a lot of fun and a great experience. Like I said, I’m thinking around ~5K a month for rent, ~4K a mon...
by stoptothink
Wed Apr 18, 2018 2:08 pm
Forum: Personal Consumer Issues
Topic: 2018 Honda Fit EX
Replies: 28
Views: 1559

Re: 2018 Honda Fit EX

Saw one on a lot yesterday. Dealer had added all of the typical junk such as paint protection, dent protection (New one to me), well mat, etc. that added up to $3,000+ for items probably costing the dealer $200. Hopefully, this is not a national trend. Tim We were very much considering one. I reall...
by stoptothink
Wed Apr 18, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Broke up with my girlfriend for financial reasons: crazy?
Replies: 53
Views: 2946

Re: Broke up with my girlfriend for financial reasons: crazy?

Not crazy at all, although I don't really agree with how that specific incidence was handled. The single greatest cause of marital strife is finances. You two didn't just see it different, sounds like you were on totally different ends of the spectrum. Disagreements about lifestyle expectations were...
by stoptothink
Wed Apr 18, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: [Balancing school workload and family time]
Replies: 15
Views: 413

Re: Child expenses - what to expect as your kids go from daycare to school

From middle school onward my kids were expected to do 6-8+ hours of home work every night. Sorry but this just de-railed the thread. I absolutely do not believe this. So basically, your kid worked 13-16 hour days from age 12-18? That is preposterous and so far out of the experience I've had. Middle...
by stoptothink
Wed Apr 18, 2018 10:41 am
Forum: Personal Consumer Issues
Topic: [Balancing school workload and family time]
Replies: 15
Views: 413

Re: Child expenses - what to expect as your kids go from daycare to school

From middle school onward my kids were expected to do 6-8+ hours of home work every night. Sorry but this just de-railed the thread. I absolutely do not believe this. So basically, your kid worked 13-16 hour days from age 12-18? That is preposterous and so far out of the experience I've had. Middle...
by stoptothink
Tue Apr 17, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 139
Views: 7549

Re: Is Los Angeles a good place long term to live financially?

Sorry for likely getting this thread shut down, but let you remind you all about the OP. Read and enjoy viewtopic.php?f=1&t=215204
by stoptothink
Mon Apr 16, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 376
Views: 39897

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

The wife works full-time, goes to school full-time, and is a mother of two. She also has very mixed athletic interests; ranging from combat sports (she does krav maga and some muy thai) to semi-serious strength training to cycling. Her athletic interests/goals are not conducive to a lot of long-dis...
by stoptothink
Mon Apr 16, 2018 10:51 am
Forum: Personal Consumer Issues
Topic: Ogden UT/Salt Lake City summer children's activities?
Replies: 8
Views: 464

Re: Ogden UT/Salt Lake City summer children's activities?

Oh I'd hit Lagoon for sure. My kids love it there. 8 and 10 year olds may enjoy it...unless they've been to DisneyLand or World or Knott's Berry Farm. It's like a passing town carnival in comparison. If OP is willing to venture down to Lehi/Thanksgiving Point (~25 miles south of SLC), my kids love ...
by stoptothink
Mon Apr 16, 2018 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 125
Views: 9932

Re: Can I retire at age 40?

At 3% withdrawl 2.5m is 75 k a year At 4% withdrawl 2.5m is 100 k a year The amount is inclusive of taxes and healthcare. You don't have enough for 120k lifestyle. This, you could easily if you lived like us (without daycare, a <$40k lifestyle). But you'd be taking a huge risk if you expected to ma...
by stoptothink
Sun Apr 15, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Could you support family on 1 income?
Replies: 88
Views: 5556

Re: Could you support family on 1 income?

On the other hand, why would you want one spouse to stay at home? I assume both of you went to college, and should be contributing members of society. Thanks for weighing in to tell us that only people getting a paycheck contribute to society. :oops: If one does not have kids, as is the case of the...
by stoptothink
Sun Apr 15, 2018 12:28 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 250
Views: 34789

Re: Is there a such thing as a blue collar Boglehead?

I think most posters are pretty good about restraining themselves to topics they know about. When someone opines out of their lane they seem to be corrected quite quickly by others. But the critical thing, for this thread at least, is remembering that HNW vs. LNW is not the same as Blue vs. White c...
by stoptothink
Sun Apr 15, 2018 12:18 pm
Forum: Personal Consumer Issues
Topic: Having Child; Car Purchase maybe?
Replies: 40
Views: 1706

Re: Having Child; Car Purchase maybe?

If you have a new Toyota Camry that you feel is large enough, then what exactly is the problem? What kind of gear does your baby need that requires a van or SUV to haul? Honestly, sounds to me like you are creating a problem where none exists and/or are looking for an excuse to buy a new vehicle no...
by stoptothink
Sat Apr 14, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Could you support family on 1 income?
Replies: 88
Views: 5556

Re: Could you support family on 1 income?

On the other hand, why would you want one spouse to stay at home? I assume both of you went to college, and should be contributing members of society. Thanks for weighing in to tell us that only people getting a paycheck contribute to society. :oops: If one does not have kids, as is the case of the...
by stoptothink
Sat Apr 14, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 250
Views: 34789

Re: Is there a such thing as a blue collar Boglehead?

In fact I think formal education hits its peak for earning at Masters and then declines at PhD because so many teach and MBAs often go into corporate jobs. Any data to support this? We should compare apples to apples such as Masters and PhD in the same discipline. Many people go for PhD just for li...
by stoptothink
Fri Apr 13, 2018 11:32 am
Forum: Personal Consumer Issues
Topic: Child expenses - what to expect as your kids go from daycare to school
Replies: 20
Views: 2715

Re: Child expenses - what to expect as your kids go from daycare to school

For working parents, daycare is a need, not a want. It's not optional if both parents are working. What a lot of parents seem to do after daycare is over is enroll their children in a lot of activities, lessons, etc., so there is no real savings. But you do have a choice, and you can save a lot of ...
by stoptothink
Fri Apr 13, 2018 9:47 am
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 205
Views: 10524

Re: Work Commute: How far is too far?

I spent most of my adult life in two of the busiest metro areas in the country: Los Angeles and Houston. I've commuted. A LOT . I purposely bought my home so that I could not just work commute without stepping into a car, but walk or ride my bike almost everywhere that I regularly go. My ~7min walki...
by stoptothink
Thu Apr 12, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Could you support family on 1 income?
Replies: 88
Views: 5556

Re: Could you support family on 1 income?

We could support our family (wife, a 6yr old and soon-to-be 3yr old, and I) on half of one of our incomes and neither one of us is a "high earner", at least in Boglehead terms. Our total household expenditures last year were ~$45k, that included full-time daycare for both our children, full-time col...
by stoptothink
Tue Apr 10, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13804

Re: Parents have zero savings. What can I do?

So, you are saying that older generation doing the basic background checking on the younger generation is completely different than younger generation doing to the older generation. I am not sure if you are getting the irony of it. :oops: I feel like I'm speaking Greek. There is nothing ironic abou...
by stoptothink
Tue Apr 10, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13804

Re: Parents have zero savings. What can I do?

And yet, despite all the inlaw disasters you are reading about here, and we read about it all the time online, you prefer to put your head in the sand and play the odds. I practiced due diligence years ago for my son’s future wife and her parents and all went well. Discovered nothing of any note, t...
by stoptothink
Tue Apr 10, 2018 1:53 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 376
Views: 39897

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

Right now my wife is trying to talk me into a new fancy $1K mattress (because all her friends have new mattresses that "changed their lives"), even though there is nothing wrong with our current one. I also introduced her to cycling a few years ago and bought us a pair of pretty basic $1k cyclocros...
by stoptothink
Tue Apr 10, 2018 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13804

Re: Parents have zero savings. What can I do?

BTW, the only excuses for not knowing about your future in laws general financial situation is either getting married at a very early age or not having the guts to do some digging. This is the is the internet age. You can find a lot of information about most people with a few hours of research. A c...
by stoptothink
Tue Apr 10, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13804

Re: Parents have zero savings. What can I do?

I would bet my entire life savings that nobody in history has done what NYnative is suggesting. I know all about marriage and money issues. My first marriage dissolved almost solely due to disagreements about money and lifestyle expectations (and the in-laws were a factor - they constantly told the...
by stoptothink
Mon Apr 09, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13804

Re: Parents have zero savings. What can I do?

You're kidding right? You are suggesting that people go to the internet to dig up information on the financial situation of their in-laws if they don't voluntarily offer it? FWIW, we have been supporting my early 60's in-laws off-and-on for the past few years. They have a negative networth that is ...
by stoptothink
Mon Apr 09, 2018 6:20 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 376
Views: 39897

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

...I know both of those purchasing decisions would result in major regret, but she'll probably win one of them (the mattress). Is it about being faster than her friends,... ...it would almost assuredly become a $2k+ garage ornament. That is the issue. I can't say anything about a potential bicycle ...
by stoptothink
Mon Apr 09, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 376
Views: 39897

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

Right now my wife is trying to talk me into a new fancy $1K mattress (because all her friends have new mattresses that "changed their lives"), even though there is nothing wrong with our current one. I also introduced her to cycling a few years ago and bought us a pair of pretty basic $1k cyclocros...
by stoptothink
Mon Apr 09, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13804

Re: Parents have zero savings. What can I do?

You're kidding right? You are suggesting that people go to the internet to dig up information on the financial situation of their in-laws if they don't voluntarily offer it? FWIW, we have been supporting my early 60's in-laws off-and-on for the past few years. They have a negative networth that is ...
by stoptothink
Mon Apr 09, 2018 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13804

Re: Parents have zero savings. What can I do?

BTW, the only excuses for not knowing about your future in laws general financial situation is either getting married at a very early age or not having the guts to do some digging. This is the is the internet age. You can find a lot of information about most people with a few hours of research. As ...
by stoptothink
Mon Apr 09, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13804

Re: Parents have zero savings. What can I do?

BTW, the only excuses for not knowing about your future in laws general financial situation is either getting married at a very early age or not having the guts to do some digging. This is the is the internet age. You can find a lot of information about most people with a few hours of research. As ...
by stoptothink
Mon Apr 09, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12360

Re: Ivy school education. Is it worth it?

I want to weight in on some of my experience associating with 'Ivy' league graduates. My experience is not all have had outstanding careers. I feel that the audience on this board is skewed towards those with Ivy league degrees who have done very well. +1. I currently have members of my staff who d...
by stoptothink
Fri Apr 06, 2018 5:43 pm
Forum: Personal Consumer Issues
Topic: How often do you replace your office shoes?
Replies: 58
Views: 3432

Re: How often do you replace your office shoes?

Quit wearing "office" shoes and dopey business attire 10+ years ago. Jeans and skate shoes FTW. Thank god millennials have helped to change how we must dress at mega-corp. I do have to wear long sleeves though because of sleeves of tattoos which can be a drag in the summer. I'm mid 30s and think th...
by stoptothink
Fri Apr 06, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: How often do you replace your office shoes?
Replies: 58
Views: 3432

Re: How often do you replace your office shoes?

Quit wearing "office" shoes and dopey business attire 10+ years ago. Jeans and skate shoes FTW. Thank god millennials have helped to change how we must dress at mega-corp. I do have to wear long sleeves though because of sleeves of tattoos which can be a drag in the summer. :thumbsup I work for an ...
by stoptothink
Fri Apr 06, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: How often do you replace your office shoes?
Replies: 58
Views: 3432

Re: How often do you replace your office shoes?

I have quite a few pairs of shoes and I just alternate them, so they last me a very long time. The shoes I am wearing right now are well over a decade old...they are also Vans. I wore Vans at my wedding and am sort of known in my field for wearing skater/surfer casual shoes (Vans, Reefs, chukka boot...
by stoptothink
Fri Apr 06, 2018 10:06 am
Forum: Personal Consumer Issues
Topic: Should I get a loan for a motorcycle?
Replies: 24
Views: 1727

Re: Should I get a loan for a motorcycle?

Thank you all for the advice! I guess I will have to wait another year for so to fully pay for the motorcycle. I rode dirt bikes as a child, but I plan on taking the MSF course again anyways since its a requirement for MIL, and on top of it its only a benefit to myself. I am 6'1 and 190lbs. So, I a...
by stoptothink
Wed Apr 04, 2018 11:03 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: 10345

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

I really do not want to live and eat like them for FIRE. As someone already said that life is too short. Chinese greens are very tasty (with garlic) and often cost $1/lb. Meat (that every scientific body suggests you should minimize for health) can be had relatively inexpensive for the cuts Asian p...
by stoptothink
Sat Mar 31, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 12604

Re: Healthy eaters -- is this grocery budget normal to you?

The biggest issue that I (and some others) have with this original post is that the food consumption enumerated is in direct conflict with the title "Healthy Eaters". It is clear to me that the OP is absolutely not a "health eater". Uhhh, the OP hasn't even detailed what they eat (other than organi...
by stoptothink
Sat Mar 31, 2018 9:52 am
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 556
Views: 61260

Re: Netflix, Your Current Favorite Show

Watching the new docuseries ‘wild wild country’ - its about Osho spiritual movement in Oregon 80’s. Must watch !! I should say I am shocked and amazed this thing really happened in the good ole USA. Still cannot believe if it is true. Anyone from those times, is this really true ? Came to say the s...
by stoptothink
Sat Mar 31, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 12604

Re: Healthy eaters -- is this grocery budget normal to you?

My point is, you are healthy because you avoid junk food, fast and exercise and not because you avoid bananas, potatoes, legumes and whole grains—which are among the healthiest foods on the planet. +10000. There is absolutely some merit to playing with meal timing and macros, but the reality is tha...
by stoptothink
Sat Mar 31, 2018 9:37 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 16938

Re: A lot of heavy hitters this morning

Can it be done? Yes, but it's not a healthy path (sleep tends to be the neglected component in the weekly time schedule) and it's far more work than someone of my generation had to do in order to go to college, much less my parents generation. I did something like that to go to college, but minimum...
by stoptothink
Fri Mar 30, 2018 7:15 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 16938

Re: A lot of heavy hitters this morning

I do not believe this type of situation could exist today. It does exist today. State flagship tuition is about $10K to $12K a year. So if one lived at home and worked at $10 to $15 an hour (my daughter made $10/hour as a sophomore in high school at her part-time job), then one would need about 150...
by stoptothink
Fri Mar 30, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: When did you know your kids would go to college?
Replies: 91
Views: 4041

Re: When did you know your kids would go to college?

While I truly value education and all that college offers, it is not for everyone. I see so many kids who have college degrees with no marketable skills. I don't want my kids to go to college because it is "expected" or because it is what everyone else is doing. I want them to go to college to lear...
by stoptothink
Fri Mar 30, 2018 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 6569

Re: Asking for a raise/promotion with another offer in hand

This is a tricky situation. My wife has been in it about half a dozen times in the past year because she is such a sales rock star that she is hounded constantly by competitors. Without getting too much into the details of her situation, I will echo the sentiment that it is probably a waste of time ...
by stoptothink
Fri Mar 30, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: When did you know your kids would go to college?
Replies: 91
Views: 4041

Re: When did you know your kids would go to college?

There's this idea that everyone needs to go to college and that's why there is this student debt bubble with not enough jobs for liberal arts majors from 3rd tier schools. Many kids would be much happier and better off going to trade school. If you're really gifted, it's a shame not to pursue gradu...
by stoptothink
Fri Mar 30, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: When did you know your kids would go to college?
Replies: 91
Views: 4041

Re: When did you know your kids would go to college?

Growing up in a household where neither parent graduated high school, and attending a high school where a small percentage went onto higher education, it wasn't even talked about. But, I have a PhD and there are 5 graduate degrees between myself and my siblings. Not to mention 4 of us completed our ...
by stoptothink
Fri Mar 30, 2018 10:30 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 16938

Re: A lot of heavy hitters this morning

I do spend time with the youth of today. And I'm not talking about slackers or any of that nonsense. I'm talking about high-school educated teenagers from moderate to poor backgrounds who have to take out a large amount of student loan debt just to get a bachelor's degree in STEM because it's not p...
by stoptothink
Fri Mar 30, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 8895

Re: What is the endgame for Millennials?

Although I'd like to imagine that my generation as a whole is smart and preparing for the future, in my experience with the peers I see on a daily basis this hasn't been the case. I even try to spread the "gospel of Bogle" to them as I call it, and they always usually seem interested as I explain t...
by stoptothink
Thu Mar 29, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 12604

Re: Healthy eaters -- is this grocery budget normal to you?

“But, yeah, it kind of depends on what "healthy" means to you...it's different for everyone.” —Taspy87 If someone hadn’t mentioned it before, this is the key. What kind of healthy do you mean? Yoga instructor healthy, functionally fit, a sprinter’s body composition, etc.? There are people who consi...
by stoptothink
Thu Mar 29, 2018 6:59 pm
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 8895

Re: What is the endgame for Millennials?

Although I'd like to imagine that my generation as a whole is smart and preparing for the future, in my experience with the peers I see on a daily basis this hasn't been the case. I even try to spread the "gospel of Bogle" to them as I call it, and they always usually seem interested as I explain t...
by stoptothink
Thu Mar 29, 2018 6:34 pm
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 8895

Re: What is the endgame for Millennials?

My understanding is that the "Greatest Generation", that brave generation that not only fought and won WWII but also were the backbone of many of our institutions for many years, were not too well thought of just before the war. People wondered if this group that came of age during the Great Depres...
by stoptothink
Thu Mar 29, 2018 6:07 pm
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 8895

Re: What is the endgame for Millennials?

I think that pensions vanishing is good for Millennials. The reason is that pensions die with their parents, but if their parents had 401(k)s, 403(b)s, IRAs, then they will inherit quite a bit of money. Their parents aren't saving, either. At retirement (for 65 year olds and higher), the average 40...
by stoptothink
Thu Mar 29, 2018 5:13 pm
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 8895

Re: What is the endgame for Millennials?

I think that pensions vanishing is good for Millennials. The reason is that pensions die with their parents, but if their parents had 401(k)s, 403(b)s, IRAs, then they will inherit quite a bit of money. Their parents aren't saving, either. At retirement (for 65 year olds and higher), the average 40...