Search found 4565 matches

by stoptothink
Fri Jan 18, 2019 9:35 pm
Forum: Personal Consumer Issues
Topic: Any admission pointers from pre- med/ med students?
Replies: 55
Views: 2654

Re: Any admission pointers from pre- med/ med students?

Wiser advice you'll never get. Sometimes these kids don’t have choices. My coworker’s daughter and my niece would like to stay in state for cheaper medical cost, but despite having high MCAT and high GPA from UCLA, they were offered expensive choices like WashU, well known medical school but privat...
by stoptothink
Fri Jan 18, 2019 7:30 pm
Forum: Personal Consumer Issues
Topic: Any admission pointers from pre- med/ med students?
Replies: 55
Views: 2654

Re: Any admission pointers from pre- med/ med students?

Where you do your residency is far more important than where you go to medical school, so don't take out half a million dollars in student loans. Wiser advice you'll never get. Sometimes these kids don’t have choices. My coworker’s daughter and my niece would like to stay in state for cheaper medic...
by stoptothink
Fri Jan 18, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: Strategies to combat or justify lifestyle creep
Replies: 91
Views: 6875

Re: Strategies to combat or justify lifestyle creep

I'd rather own a $20k car, and spend $30k on 300-600 little $50-$100 luxuries than spend $50k on a car. Or own a $20k car, and spend $30k on a boat and jetski. Or own a $20k car, and spend $30k on 3 totally awesome vacations. All those things would give me more pleasure than upgrading an existing d...
by stoptothink
Fri Jan 18, 2019 3:24 pm
Forum: Personal Consumer Issues
Topic: Netflix Recommendations
Replies: 39
Views: 2708

Re: Netflix Recommendations

I really enjoyed Babylon Berlin. The "Big Lebowski" is back on there (for now). Conan O'Brien's "Conan without Borders" is enjoyable. This past weekend I watched Train to Busan, which is a good Korean zombie flick. The White Helmets is a good documentary about rescue workers in Syria. I watched Con...
by stoptothink
Fri Jan 18, 2019 10:31 am
Forum: Personal Finance (Not Investing)
Topic: How much house can I afford (really)?
Replies: 129
Views: 6946

Re: How much house can I afford (really)?

1. OP, if you buy the larger house, you will perhaps be happier for the first month or two, but then we as humans "level off" and the house will just kind of fade into the background. Your sense of normal will become the house and it won't be that new, special, awesome house anymore. Regardless of ...
by stoptothink
Thu Jan 17, 2019 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Have I Now Become Out of Touch Financially? Aging question...
Replies: 90
Views: 10679

Re: Have I Now Become Out of Touch Financially? Aging question...

I see the OP’s point though as many of you mentioned,it may be based on his location. Nonetheless, I see his point. I’m fairly young but the price of things in 2019 amazes me. I increase my income but then the finish line moves. I’m thankful I bought my house 5 years ago. No way I could afford it t...
by stoptothink
Thu Jan 17, 2019 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 190
Views: 12034

Re: Why are you NOT buying rental properties?

28 year old here about to chime in. Naive perhaps, but I do want to own at least 2-3 rentals by the time I am 35. I already have one now, so far going smooth. It is a 3 bed 2 bathroom single family home. I live in 1 room and I have the other 2 rooms filled with friends. Mortgage is 1200, they pay 6...
by stoptothink
Wed Jan 16, 2019 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 190
Views: 12034

Re: Why are your NOT buying rental properties?

Why not hire a good property manager. Yeah, it will take time and there are plenty of good and honest property managers out there. Been there, done that. Property managers charge 10%, which will suck the lifeblood out of any investment. And the one I had stole from me. She was the one that everyone...
by stoptothink
Wed Jan 16, 2019 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 190
Views: 12034

Re: Why are your NOT buying rental properties?

Why not hire a good property manager. Yeah, it will take time and there are plenty of good and honest property managers out there. Been there, done that. Property managers charge 10%, which will suck the lifeblood out of any investment. And the one I had stole from me. She was the one that everyone...
by stoptothink
Wed Jan 16, 2019 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can I afford (really)?
Replies: 129
Views: 6946

Re: How much house can I afford (really)?

It's definitely within the realm of affordability in this situation, but IMO those seem like pretty small wants. There has to be a much more cost-effective means to addressing them.
by stoptothink
Wed Jan 16, 2019 3:18 pm
Forum: Personal Consumer Issues
Topic: Gillette Mach 3 alternatives
Replies: 81
Views: 5616

Re: Gillette Mach 3 alternatives

I've tried quite a few brands, usually from forgetting a razor when traveling (but once or twice just to experiment). Mach 3 is still the gold standard as far as I'm concerned. Not sure why anyone would feel the need to transition. Price and quality. Why pay more for the Mach3 when you can get as g...
by stoptothink
Wed Jan 16, 2019 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 190
Views: 12034

Re: Why are your NOT buying rental properties?

Because I lost almost my entire life savings in real estate development during '07-'09 and of the 4 rental situations I have intimate details of (two brothers, a co-worker, and a neighbor), all have been a nightmare. My neighbor just sold, the other three wish they could sell but would likely all lo...
by stoptothink
Wed Jan 16, 2019 10:37 am
Forum: Personal Consumer Issues
Topic: Swimming, do you? Advice sought.
Replies: 32
Views: 2329

Re: Swimming, do you? Advice sought.

I've done some sprint and Olympic distance Triathlons in my 20s and always struggled with the swimming part... I used to joke that I was glad they made you swim first because if you drowned then you weren't wasting your time doing the rest of the event. Part of my problem was swimming in natural bo...
by stoptothink
Tue Jan 15, 2019 7:22 pm
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 163
Views: 8856

Re: Are You Dumping Netflix?

We and 2 of my other siblings are all on my mother's account; we share a premium account so our cost is going to go up a whopping $.50/month...I think we'll be OK. We are cutting Amazon Prime though, so not worth it at this point.
by stoptothink
Tue Jan 15, 2019 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 6530

Re: A co-worker makes more than me

Is it appropriate to discuss this topic with my manager? and what's the best way to bring it up? Welcome to the real world. The fact is salaries vary and some poor performers make more than top performers. Don’t mention the coworkers name and salary to your boss. Just keep it in your back pocket wh...
by stoptothink
Tue Jan 15, 2019 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a 50k car? If so, whats the best way to do it?
Replies: 48
Views: 2077

Re: Can I afford a 50k car? If so, whats the best way to do it?

SeaToTheBay wrote:
Tue Jan 15, 2019 6:09 pm
How did you get to $600K taxable and more in IRA at your age and income? Just curious - that's some serious saving and/or investment income!
My guess is the same way that OP has a $1.3M trust.
by stoptothink
Tue Jan 15, 2019 4:36 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 89
Views: 3628

Re: Any good reason to get a smartwatch?

I don't understand the logic in buying a gadget and then trying to figure out how it might improve my quality of life. I've asked this question to many of my smartwatch-wearing friends, family, and employees and I've never heard anything that I would consider a decent reason for owning one. FWIW, my...
by stoptothink
Mon Jan 14, 2019 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: One book for my neice, a young mom.
Replies: 20
Views: 1186

Re: One book for my neice, a young mom.

Texanbybirth wrote:
Mon Jan 14, 2019 1:44 pm
magicrat wrote:
Mon Jan 14, 2019 10:35 am
https://www.etf.com/docs/IfYouCan.pdf

Very easy to digest and directs the reader on how / where to learn more should they choose to do so.
+1
I've sent this to all of my employees and dozens and dozens of other people. For someone who knows nothing, it is an easily digestible start.
by stoptothink
Mon Jan 14, 2019 4:41 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9700

Re: Disciplined with finances, but not so with diet

Any bogleheads any diet wisdom? I've always been disciplined with saving money but can't seem to apply the same discipline to my diet. I have tried weight watchers, Jenny Craig, beach body, keto, my fitness pal...I lack discipline and get hungry. Just this week I decided to start eating the same th...
by stoptothink
Mon Jan 14, 2019 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: To buy new home or not
Replies: 17
Views: 1154

Re: To buy new home or not

Both of us have achieved far more in our current adult lives than we ever saw in our growing-up years. Part of it might be we really want to give our parents back certain comforts at older age. Giving back to extended family who don't have to stay in a hotel when everyone comes in to town. Again, I...
by stoptothink
Mon Jan 14, 2019 2:24 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9700

Re: Disciplined with finances, but not so with diet

I like this 20 min explanation from a physicist about calories and the carbon atoms in the things we eat: https://www.youtube.com/watch?v=vuIlsN32WaE In a nutshell, the only way to get rid of carbon atoms found in our weight is to breath it out as carbon dioxide. Of course, if we don't let those ca...
by stoptothink
Mon Jan 14, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: To buy new home or not
Replies: 17
Views: 1154

Re: To buy new home or not

I hate to admit that social expectations have a role in our thought process but it does to an extent. Most people at my level at work have homes that cost upwards of $500k, often times with single income. My neighborhood is littered with people who I work with. My office is a 7-minute walk from my ...
by stoptothink
Mon Jan 14, 2019 1:17 pm
Forum: Personal Consumer Issues
Topic: How do I stop jeans from ripping in the thighs?
Replies: 70
Views: 4265

Re: How do I stop jeans from ripping in the thighs?

Do you wash your jeans after every wear? Jeans only have so many washes/dries in them. Let's say that number is 30. <insert your number of wash/dries here> How can you make your jeans last longer? Only wash when dirty. Buy 2-3 identical pairs and then you wear/wash/dry them 1/3rd of the time. They ...
by stoptothink
Mon Jan 14, 2019 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: too much college savings
Replies: 40
Views: 3526

Re: too much college savings

This is one of the reasons why I chose not to contribute to a 529 account. The possibility of your children not attending college or else getting a free ride is too high in my estimation, especially if you have other tax-advantaged space. You went from talking about “I” to talking about “you”. Who ...
by stoptothink
Mon Jan 14, 2019 10:35 am
Forum: Personal Consumer Issues
Topic: Large SUV
Replies: 75
Views: 6391

Re: Large SUV

The safety of a vehicle is not measured in tons. Unibody vehicles (like minivans) generally hold up better in crashes than body-on-frame vehicles like pickups and the full-size SUVs you name. And the vastly superior handling and lower center-of-gravity of a Odyssey compared to a Suburban make it le...
by stoptothink
Sun Jan 13, 2019 5:39 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4044
Views: 1101420

Re: What Movie Have You Recently Watched?

Crazy Rich Asians I wanted to like it but was disappointed. It's too primitive. The Professor of Economics is a dilettante in economics. Rachel Chu has nothing in common with her Singapore girlfriend. And other annoyances. Victoria This is a bigger WTF than "Roma" for me. I've heard people say this...
by stoptothink
Sun Jan 13, 2019 4:56 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1026
Views: 109940

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

Any comments about A series of Unfortunate Events ? I saw the first episode of season 1 the other night. Looked promising, I do love the name Lemony Snicket. My wife was very sick last week and binge-watched the entire thing (3 seasons I think) in like 5 days. Definitely not my cup of tea, I was bo...
by stoptothink
Fri Jan 11, 2019 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Question During Job Interview
Replies: 17
Views: 2275

Re: Salary Question During Job Interview

I’m in discussion with a potential new employer. Salary would be something I’d need to consider to leave my company and relocate. At what point is it customary to discuss compensation during the interview process? I read that you shouldn’t ask about salary. But I don’t want to fly to an interview a...
by stoptothink
Fri Jan 11, 2019 3:26 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9700

Re: Disciplined with finances, but not so with diet

My spouse is usually 20-50 pounds over weight. on a small frame. It just isn't a priority for her. She does everything for everyone else. She can lose the weight and has done it. It just slowly creeps back on. I finally got to the point where I said if I mention eating better, exercising more, not ...
by stoptothink
Fri Jan 11, 2019 1:20 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9700

Re: Disciplined with finances, but not so with diet

The key to success is not a greater willpower but complete avoidance; see the article "The myth of self-control," https://www.vox.com/science-and-health/2016/11/3/13486940/self-control-psychology-myth that includes several food examples. If you decide to limit alcohol, don't keep any alcohol at hom...
by stoptothink
Fri Jan 11, 2019 12:40 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9700

Re: Disciplined with finances, but not so with diet

Most replies here have to do with diet. But the truth is exercise. You would think this is the case, but it is wrong. Unless you are exercising 5 or 6 hours a day, what you (don't) eat has a far greater impact on your weight. Exercising has other benefits, of course. JT If you are exercising 5 hour...
by stoptothink
Fri Jan 11, 2019 12:36 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9700

Re: Disciplined with finances, but not so with diet

Hey, stoptothink, can you entertain this, perhaps, stupid question that has been at the back of my mind for some time? People with cancer often suffer from a wasting disease/process called cachexia. People with autoimmune diseases sometimes suffer from a milder version of the same disease/process. ...
by stoptothink
Fri Jan 11, 2019 12:26 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9700

Re: Disciplined with finances, but not so with diet

Most replies here have to do with diet. But the truth is exercise. You would think this is the case, but it is wrong. Unless you are exercising 5 or 6 hours a day, what you (don't) eat has a far greater impact on your weight. Exercising has other benefits, of course. JT If you are exercising 5 hour...
by stoptothink
Fri Jan 11, 2019 12:00 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9700

Re: Disciplined with finances, but not so with diet

That was my point, I was being facetious. Rates of obesity have grown 4-fold worldwide in the last 60 years due to lifestyle factors. I could be wrong, probably am, but I suspect what has been defined as "obesity" have changed over the years. Obesity has been defined as a BMI over 30 since BMI was ...
by stoptothink
Fri Jan 11, 2019 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Millionaire by 40 and How you Did it?
Replies: 90
Views: 10148

Re: Millionaire by 40 and How you Did it?

We're 37 and 32, guesstimating that we'll cross the 2-comma threshold sometime in 2020. Pure hard work and LBYM. Wife and I both grew up well below the poverty line and actually have helped our parents financially as we put ourselves through school (wife is still in school). We've also had a number ...
by stoptothink
Fri Jan 11, 2019 11:43 am
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9700

Re: Disciplined with finances, but not so with diet

I don't think it is that simple. Some people have bodies that are efficient at converting calories into fat. Some peoples bodies just poop out what is not needed. For simple calories in, vs calories burned accounting, you also have to consider the calories lost in your waste products. I'm lucky, my...
by stoptothink
Fri Jan 11, 2019 11:37 am
Forum: Personal Consumer Issues
Topic: What is an appropriate retirement gift?
Replies: 23
Views: 1347

Re: What is an appropriate retirement gift?

Don’t get me started on the realities of the situation. The only thing more mind boggling about the retirement gift is the announcement of “she’d like amazon gift cards as a gift” in the actual invitation. I’m thinking maybe $50... In the retiree’s defense, it is a surprise party and her children a...
by stoptothink
Fri Jan 11, 2019 11:27 am
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9700

Re: Disciplined with finances, but not so with diet

I don't think it is that simple. Some people have bodies that are efficient at converting calories into fat. Some peoples bodies just poop out what is not needed. For simple calories in, vs calories burned accounting, you also have to consider the calories lost in your waste products. I'm lucky, my...
by stoptothink
Fri Jan 11, 2019 10:38 am
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9700

Re: Disciplined with finances, but not so with diet

Most replies here have to do with diet. But the truth is exercise. You have to make the time as in pay yourself first is in savings and investing. You can do it. There are very few success stories with weight that do not include some sort of exercise. I'm all about exercise, my BS and MS are in exe...
by stoptothink
Thu Jan 10, 2019 8:29 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9700

Re: Disciplined with finances, but not so with diet

Any bogleheads any diet wisdom? I've always been disciplined with saving money but can't seem to apply the same discipline to my diet. I have tried weight watchers, Jenny Craig, beach body, keto, my fitness pal...I lack discipline and get hungry. Just this week I decided to start eating the same th...
by stoptothink
Thu Jan 10, 2019 7:00 pm
Forum: Personal Consumer Issues
Topic: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?
Replies: 82
Views: 5512

Re: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?

We have 3 kids, ages 6, 4, and one on the way. Current family vehicle is Toyota Prius V with 130k miles. We could fit 3 kids in back using narrow car / booster seats. For camping trips that require a lot of luggage, I could make the gear fit using a roof box and racks. But I'm wondering if I'm bein...
by stoptothink
Thu Jan 10, 2019 2:48 pm
Forum: Personal Consumer Issues
Topic: Engineering school
Replies: 83
Views: 7119

Re: Engineering school

Can’t imagine a hiring manager in STEM not knowing Harvey Mudd I have never heard of it until 3 months ago and I don't know anybody who has heard of it except couple of american friends who are a tiny minority in this field. How exactly would you know if people you know are familiar with Harvey Mud...
by stoptothink
Thu Jan 10, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying a $700K first home crazy?
Replies: 70
Views: 7271

Re: Is buying a $700K first home crazy?

If I had the chance to start over, I would not have bought a house and stayed renting. I would be more rich and have more freedom. It's over rated. Don't do it. We might have an opportunity to move soon and this will be our last home. If I had the chance to start over I would leverage myself to the...
by stoptothink
Thu Jan 10, 2019 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Do you take inheritance into account when calculating net worth?
Replies: 68
Views: 4502

Re: Do you take inheritance into account when calculating net worth?

My wife's grandparents left a paid for house, savings bonds and bank accounts full of cash. 2 daughters were to split this according to the will. One daughter lived with the grandfather and took care of him. Part of her taking care of him was to coerce him into changing the title on the house and c...
by stoptothink
Thu Jan 10, 2019 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off a 30 year mortgage in 15 years? The cost of flexibility
Replies: 79
Views: 7517

Re: Pay off a 30 year mortgage in 15 years? The cost of flexibility

You do pay a cost for the flexibility. They are not talked about/promoted as often as 15 and 30 year mortgages, but there are other periods available, 10 year, 20 year, etc. Really wish we would have taken out a 10yr or maybe even an ARM. We did a 15yr to give us the "flexibility" (my best friend, ...
by stoptothink
Thu Jan 10, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Under $100k Avg Annual Income Millionaires and How You Did It?
Replies: 117
Views: 13875

Re: Under $100k Avg Annual Income Millionaires and How You Did It?

My annual expense is 60K with 2 kids. I am in the Northeast. So, it is a lie even with 1K per kid per month. Many of my peers have a 600K house. So, it is obvious that they cannot afford 2K per kid per month too. Full-time daycare anywhere within 10 miles of me is more than $1k/month. And these are...
by stoptothink
Thu Jan 10, 2019 10:55 am
Forum: Personal Consumer Issues
Topic: Large SUV
Replies: 75
Views: 6391

Re: Large SUV

Family is priceless cargo, worth much more than gas mileage. On a trip, your last defense on the road is what you are driving in. This is where the large SUV shines over any minivan. People are so focused on repair bills and mileage that sometimes they lose sight of this. I have seen some minivan a...
by stoptothink
Thu Jan 10, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Under $100k Avg Annual Income Millionaires and How You Did It?
Replies: 117
Views: 13875

Re: Under $100k Avg Annual Income Millionaires and How You Did It?

I'd like to hear from the parents here. Average cost of raising a kid in the US is $2k/month. With daycare in a high COLA area, earning less than $100k and saving sufficiently to eventually net over a millionaire has got to be a struggle. yeahman, This is obviously a lie. US median household income...
by stoptothink
Wed Jan 09, 2019 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Do you take inheritance into account when calculating net worth?
Replies: 68
Views: 4502

Re: Do you take inheritance into account when calculating net worth?

Someone else's money isn't yours so you can't count it as an asset. +1,000,000 thumbs up At a young age, I overheard one of my parents say "we don't have to save money for retirement; our inheritance will be our retirement." At the time, I didn't fully understand the implications of this statement....
by stoptothink
Wed Jan 09, 2019 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Stopping 401k to buy up cash-flowing real estate?
Replies: 24
Views: 1862

Re: Stopping 401k to buy up cash-flowing real estate?

I'm curious why you think you want to give up your photography gig in only a few years. You mention not many are >40 years old. Why do you think this vis? Why do you think you are doing well when those others >40 are OOB? Is there something you could add on as a service to extend your line? Bundle ...