Search found 10178 matches

by TomatoTomahto
Sat May 30, 2020 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Are your personal expenses down during stay home and shelter?
Replies: 180
Views: 10204

Re: Are your personal expenses down during stay home and shelter?

Our renovation was slowed down by COVID. We are entering the home stretch, and have limited use of the kitchen (for the first time since January). As a result, our food pickups have been high (we eat healthy foods when ordering out and tip well), and I would not be surprised if the two of us spent $...
by TomatoTomahto
Sat May 30, 2020 1:05 pm
Forum: Personal Consumer Issues
Topic: Face mask recommendations
Replies: 74
Views: 4866

Re: Face mask recommendations

Order size is probably way more than what you need, but I'll post this here in case it helps somebody else. These are Level 1 ATSM surgical masks: https://joolamedical.com/ No affiliation. I've ordered twice from them. They are legit. First batch of 50 shipped within a week or two. Minimum order is...
by TomatoTomahto
Sat May 30, 2020 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Replacement Windows in Stucco house
Replies: 15
Views: 1026

Re: Replacement Windows in Stucco house

I dont know when Pella started to do it but, check on the window or sash, there may be a serial number on them making obtaining a exact replacement sash easier. They have each window detail in their system. Just provide them with the number and you have a new window/sash within a couple weeks. They...
by TomatoTomahto
Sat May 30, 2020 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Replacement Windows in Stucco house
Replies: 15
Views: 1026

Re: Replacement Windows in Stucco house

I dont know when Pella started to do it but, check on the window or sash, there may be a serial number on them making obtaining a exact replacement sash easier. They have each window detail in their system. Just provide them with the number and you have a new window/sash within a couple weeks. They...
by TomatoTomahto
Sat May 30, 2020 8:52 am
Forum: Investing - Theory, News & General
Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
Replies: 198
Views: 14672

Re: “WHEN YOU'VE WON the game, stop playing with the money you really need.”

Why would you change your financial plan that got you to where you needed to go now that you achieve your numbers? Why wouldn't you keep things simple and stick to the plan that got you there? Many do. I viewed the allocation in the accumulation stage as the risk I needed to take to reach my "numbe...
by TomatoTomahto
Sat May 30, 2020 8:37 am
Forum: Personal Consumer Issues
Topic: does anyone have a subscription to youtube tv?
Replies: 88
Views: 4535

Re: does anyone have a subscription to youtube tv?

I think it’s a bit of a stretch to call the largest, most profitable companies in the world a “victim” here. :D As it stands for services like YTTV, Netflix, HBO, etc. they are doing the absolute bare minimum required to police this. These are the most technologically advanced companies on the plan...
by TomatoTomahto
Sat May 30, 2020 8:33 am
Forum: Personal Investments
Topic: Strategy Check
Replies: 16
Views: 1014

Re: Strategy Check

Why? What's wrong with maximum tax deferral when you can? I don’t know OP’s situation, but a tax bomb could be lurking in their portfolios. That's why I asked, we don't know enough to answer. There may not be anything wrong with maximum tax deferral for many people. Sometimes people hear an idea so...
by TomatoTomahto
Sat May 30, 2020 7:47 am
Forum: Personal Consumer Issues
Topic: Pandemic buys that have improved quality of life?
Replies: 143
Views: 12488

Re: Pandemic buys that have improved quality of life?

Man, I’m going to have to avoid this thread. I gave up pizza because of insulin resistance (long story, don’t ask, but it’s going well). I gave up many other things also, but the only one I miss with every fiber of my being is pizza.
by TomatoTomahto
Sat May 30, 2020 7:44 am
Forum: Personal Consumer Issues
Topic: Necessary to clean the clothes dryer? How? Ticks?
Replies: 17
Views: 1264

Re: Necessary to clean the clothes dryer? How? Ticks?

livesoft wrote:
Sat May 30, 2020 7:29 am
It seems that moist clean clothes would keep the dryer clean enough.
The drum in our clothes dryer might be the cleanest and shiniest thing in the house. Then again, we don’t put dirty tick infested clothes in there, and we do have ticks in MA.
by TomatoTomahto
Sat May 30, 2020 7:23 am
Forum: Personal Investments
Topic: Strategy Check
Replies: 16
Views: 1014

Re: Strategy Check

Elysium wrote:
Fri May 29, 2020 9:05 am
Why? What's wrong with maximum tax deferral when you can?
I don’t know OP’s situation, but a tax bomb could be lurking in their portfolios.
by TomatoTomahto
Sat May 30, 2020 7:15 am
Forum: Investing - Theory, News & General
Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
Replies: 198
Views: 14672

Re: “WHEN YOU'VE WON the game, stop playing with the money you really need.”

I'm trying to follow this thread as best I can; however, it seems to be getting very complicated. Is there a way to dumb this down for beginner investors and simplify the strategy / recommendations. Why would you change your financial plan that got you to where you needed to go now that you achieve...
by TomatoTomahto
Sat May 30, 2020 7:11 am
Forum: Personal Consumer Issues
Topic: does anyone have a subscription to youtube tv?
Replies: 88
Views: 4535

Re: does anyone have a subscription to youtube tv?

I see @lazydavid’s point, however if these services really intended to police this behavior, it would be trivial for them to do so. I’m not so sure that it would be trivial for them to police this, given that it’s multi platform and multi location (e.g., business trip and borrowed laptop). I think ...
by TomatoTomahto
Sat May 30, 2020 6:31 am
Forum: Investing - Theory, News & General
Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
Replies: 198
Views: 14672

Re: “WHEN YOU'VE WON the game, stop playing with the money you really need.”

how is that (an LMP that results in a 50/50 allocation) really any different than a 50/50 balanced portfolio, The difference is two fold: 1. The method used to get the final allocation. e.g. not guessing what allocation seems to fit a risk tolerance. Which is an educated guess at what allocation mi...
by TomatoTomahto
Fri May 29, 2020 8:12 pm
Forum: Personal Consumer Issues
Topic: Face mask recommendations
Replies: 74
Views: 4866

Re: Face mask recommendations

Order size is probably way more than what you need, but I'll post this here in case it helps somebody else. These are Level 1 ATSM surgical masks: https://joolamedical.com/ No affiliation. I've ordered twice from them. They are legit. First batch of 50 shipped within a week or two. Minimum order is...
by TomatoTomahto
Fri May 29, 2020 2:17 pm
Forum: Personal Investments
Topic: Am I panicking or being prudent?
Replies: 57
Views: 4781

Re: Am I panicking or being prudent?

I'm with the good Dr. Bernstein on this subject.. If you're now close to retirement with the accumulation phase ending, you would be wise to alter your asset allocation accordingly. 25 times your annual cost in safe assets only (directly bought treasuries, cd's etc). Anything above that can be at r...
by TomatoTomahto
Fri May 29, 2020 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

Once again, maybe there will be no long term impact or difference but certainly he has been happier when surrounded by kids more like himself. So I think as parents we are not necessarily trying to ensure future success as much as trying to help them find their fit. But you can find kids like yours...
by TomatoTomahto
Fri May 29, 2020 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Employer approval for a side gig
Replies: 43
Views: 2190

Re: Employer approval for a side gig

As a possible work-around, your spouse could take the side gig and you could occasionally provide her and her business partner with free advice, but without having a formal ownership or management role. Nothing like a good conspiracy to deceive for fosterIng feelings of trust among friends and spou...
by TomatoTomahto
Thu May 28, 2020 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Employer approval for a side gig
Replies: 43
Views: 2190

Re: Employer approval for a side gig

Beyond your employment, if unvested RSUs are part of your comp., forget those also. DW’s employer has a cadre of lawyers who make sure that employment contracts meet legal and regulatory standards, specify in detail the grounds for termination, disclosure requirements, etc. DW thinks really well on ...
by TomatoTomahto
Thu May 28, 2020 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

Other than policy tournaments for the debate team and teaching multiplication before the third grade, is there any consensus on what a good school is? If the school is IB accredited, that’s a big plus. I’m not a huge fan of the IB math curriculum, but an IB diploma pretty much guarantees that the s...
by TomatoTomahto
Thu May 28, 2020 10:10 am
Forum: Personal Consumer Issues
Topic: Bird Nest Forming Under Deck
Replies: 27
Views: 1465

Re: Bird Nest Forming Under Deck

lthenderson wrote:
Wed May 27, 2020 2:33 pm
I have gone the route of providing nesting boxes for various birds around our house so they build their nests in more convenient locations. I have five bluebirds that will probably fledge by this weekend.
We do too. Our first batch of four bluebirds flew away a couple of days ago.
by TomatoTomahto
Thu May 28, 2020 10:07 am
Forum: Personal Consumer Issues
Topic: Bird Nest Forming Under Deck
Replies: 27
Views: 1465

Re: Bird Nest Forming Under Deck

jebmke wrote:
Wed May 27, 2020 8:34 am
unless it is an invasive species like a House Sparrow or European starling, I'd ignore it. The bird will fledge the young and then they will all leave.
AFAIK, the only bird that the Audubon Society suggests killing are House Sparrows. They are just plain nasty.
by TomatoTomahto
Thu May 28, 2020 10:00 am
Forum: Investing - Theory, News & General
Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
Replies: 198
Views: 14672

Re: “WHEN YOU'VE WON the game, stop playing with the money you really need.”

The Liability-Matching Portfolio was popularized by William Bernstein whose advisory firm only takes people with at least $25 million in assets. It is easy to building a liability matching portfolio when doing so only takes 30% of your assets. 😄 I don’t know if it’s 30%, but it breaks down when the...
by TomatoTomahto
Thu May 28, 2020 6:51 am
Forum: Investing - Theory, News & General
Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
Replies: 198
Views: 14672

Re: “WHEN YOU'VE WON the game, stop playing with the money you really need.”

Thank you AlohaJoe for the clarity.

It is what my wife told me, years ago, when I said she should retire. What if [any one of a dozen family members] needs help?
by TomatoTomahto
Thu May 28, 2020 5:57 am
Forum: Investing - Theory, News & General
Topic: Triggers for AA changes?
Replies: 15
Views: 864

Re: Triggers for AA changes?

It sounds like you're describing valuation-based asset allocation. Here's one past thread discussing it: https://www.bogleheads.org/forum/viewtopic.php?t=168852 Yes, thank you. So it doesn´t seem to be boglehead approved because no matter how high valuations are and no matter how far the market dro...
by TomatoTomahto
Wed May 27, 2020 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

There might be some revisionist history here. Isn't one of your biggest complaints about the public middle school, they wouldn't let you micromanage them and put your son on the advanced math track? It seems like in your case the private school was more pliable to your wishes. The public middle sch...
by TomatoTomahto
Wed May 27, 2020 3:35 pm
Forum: Investing - Theory, News & General
Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
Replies: 198
Views: 14672

Re: “WHEN YOU'VE WON the game, stop playing with the money you really need.”

Albert Einstein said, “Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it.” The 8th wonder of the world, compound interest, really starts to take shape when you get to that point of having enough to retire. I can't imagine pulling the funds...
by TomatoTomahto
Wed May 27, 2020 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

Their “students advocating for themselves” was stressed at every Welcome to School meeting that parents attended at the beginning of the school year. Any chance this was because most parents at this school desperately needed the reminder? And likely ignored it? Possibly, but tbh, most of the parent...
by TomatoTomahto
Wed May 27, 2020 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

There might be some revisionist history here. Isn't one of your biggest complaints about the public middle school, they wouldn't let you micromanage them and put your son on the advanced math track? It seems like in your case the private school was more pliable to your wishes. The public middle sch...
by TomatoTomahto
Wed May 27, 2020 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

My stepfather is an English teacher and debate coach at a public school in one of the wealthiest areas of the state. Also, not coincidentally, the #2 "ranked" high school in the state. Having taught for the previous two decades at three other schools in less affluent areas, he'd probably die laughi...
by TomatoTomahto
Wed May 27, 2020 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

Which would your kid rather have? $5 million inheritance at 58? Or a private school education from K-12? WRONG QUESTION! Sorry for shouting. The right question is which would we prefer, a really well educated and smart kid who will make his own millions, or a kid with a $5M inheritance at 58?
by TomatoTomahto
Wed May 27, 2020 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

My stepfather is an English teacher and debate coach at a public school in one of the wealthiest areas of the state. Also, not coincidentally, the #2 "ranked" high school in the state. Having taught for the previous two decades at three other schools in less affluent areas, he'd probably die laughi...
by TomatoTomahto
Wed May 27, 2020 12:49 pm
Forum: Investing - Theory, News & General
Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
Replies: 198
Views: 14672

Re: “WHEN YOU'VE WON the game, stop playing with the money you really need.”

William Bernstein is fond of saying “WHEN YOU'VE WON the game, stop playing with the money you really need.” It sounds good, but it can lead to some recklessly conservative approaches (e.g. 25 years of expenses in fixed income). About the only situation where it makes some sense is for people who h...
by TomatoTomahto
Wed May 27, 2020 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

To some, possibly $20k/yr tuition is still keeping up with the Joneses, or for others 20k/yr school is "bad" school. I get it though. F olks around me often equate private=good, public=bad. When pressed, few are able to provide reasonable answers why they think that. It's often because of a single ...
by TomatoTomahto
Wed May 27, 2020 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

what I like about private schools (at least here) is the kids can easily be expelled if they're acting up. Plus no teachers union. Bad teachers go easily. This might be the first post in this thread actually referring to the teachers, which I think is what would make the most difference on one's ed...
by TomatoTomahto
Wed May 27, 2020 8:49 am
Forum: Investing - Theory, News & General
Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
Replies: 198
Views: 14672

Re: “WHEN YOU'VE WON the game, stop playing with the money you really need.”

CWRadio wrote:
Wed May 27, 2020 8:28 am
If you need $30,000 a year for 30 years you should have $900,000 in safe money.
I would amend that to account for taxes in the $900,000 if it’s in non-Roth accounts.
by TomatoTomahto
Wed May 27, 2020 8:45 am
Forum: Personal Consumer Issues
Topic: does anyone have a subscription to youtube tv?
Replies: 88
Views: 4535

Re: does anyone have a subscription to youtube tv?

Even tennis, among the lowest ad loaded sports, is better when DVRed. I do it to avoid the jingoistic puffery of American tennis players. Some of the networks have figured out to keep a match feed concurrent with an ad feed, so I keep it on if the match is good. Ads and inane analysts are part of wh...
by TomatoTomahto
Tue May 26, 2020 9:47 pm
Forum: Personal Consumer Issues
Topic: HBO Max
Replies: 38
Views: 2806

Re: HBO Max

Nope. We truly cut the cord and have not replaced with multiple streaming services. I find it funny, talking to friends and co-workers, they carry on about cutting the cord and then talk about their subscriptions. They are still paying for watching tv and nearly as much as they did on cable. Cuttin...
by TomatoTomahto
Tue May 26, 2020 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: 1:1 salary and stock jobs?
Replies: 76
Views: 4824

Re: 1:1 salary and stock jobs?

For most of these companies, are the RSA’s guaranteed unless you voluntarily resign prior to vesting? What happens if you are laid off, or let go due to lack of performance? IME, in mega banking anyway, if you resign (not retire, there are situations where a long term employee retains the RSUs) or ...
by TomatoTomahto
Tue May 26, 2020 4:01 pm
Forum: Personal Consumer Issues
Topic: Does software play a role in choosing TV
Replies: 28
Views: 1320

Re: Does software play a role in choosing TV

The only thing that actually “replaced” my plasma is OLED.
by TomatoTomahto
Tue May 26, 2020 2:23 pm
Forum: Personal Consumer Issues
Topic: Audiophiles: Any one collecting speakers?
Replies: 13
Views: 1033

Re: Audiophiles: Any one collecting speakers?

I just installed a “new“ sound bar to move the old one to our new bedroom, but that probably doesn’t count as collecting, although it’s my 3rd sound bar. I have one pair of stereo speakers (MartinLogan because I love the sound of electrostatics since my first pair of Acoustats), and one set of 5.1 s...
by TomatoTomahto
Tue May 26, 2020 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

OP: If your child is bright And inquisitive , you might consIder surrounding him with others with the same qualities. In a public school, you are at risk of regression toward the mean, and that mean may be well below your child’s abilities. This really is not a question of keeping up the the Jonese...
by TomatoTomahto
Tue May 26, 2020 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: 1:1 salary and stock jobs?
Replies: 76
Views: 4824

Re: 1:1 salary and stock jobs?

As a physician, this is all very fascinating. Thanks for the replies. My compensation is quite a bit more simple... 100% productivity based (exams, surgeries, procedures). The examples so far really seem to have turned out quite favorably. Is there any sort of hedge against poor company performance...
by TomatoTomahto
Tue May 26, 2020 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

Re “fancy private schools pray [sic] on rich parents’ sense of guilt,” we weren’t rich when we started the kids there, at least 30% of the kids were on financial aid, and the school had to turn families away who had checkbooks out. If you had a gross household compensation of at least $200k/year, i...
by TomatoTomahto
Tue May 26, 2020 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

FWIW, Richard Thaler’s (Nobel prize winning economist) family (mother was a teacher and then RE agent and father an actuary, so probably comfortable but not rich) decided that the education at my sons’ High School was worth it. He turned out well :D Thaler would be the first to admit people do many...
by TomatoTomahto
Tue May 26, 2020 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

The problem with this issue is that you get a million anecdotes (e.g. "I went to public and look at me, my friend's kid went to private and he's a disaster"). I'm in a similar situation to you (in Seattle) and I've looked at some studies, e.g. https://journals.sagepub.com/doi/abs/10.3102/0013189X18...
by TomatoTomahto
Tue May 26, 2020 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

2) This could be suspect since I heard second hand but I also heard how one kids parent had access to a corporate just so they flew their kids and some of their friends to the Bahamas for spring break on the corporate jet. . My ex-wife was at a Girl Scout meeting shortly after we moved to Short Hil...
by TomatoTomahto
Tue May 26, 2020 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

I’m of the “if it ain’t broke, don’t fix it” mindset. Put them in public school, and if there’s a problem, then adjust. I agree, but we fell victim to the pernicious effects of cognitive dissonance. I have very few coulda woulda shoulda moments as regards our kids, but I feel guilty about the years...
by TomatoTomahto
Tue May 26, 2020 11:15 am
Forum: Personal Consumer Issues
Topic: which iPhone?
Replies: 32
Views: 1952

Re: which iPhone?

Not everyone is a tech nerd, but I would not recommend purchasing an 11 right now. They are 4 months from being replaced. If you’re buying now, get the new SE. surprisingly great phone for the price. I bought my wife an 11 Pro Max. That’s more than 4 months of taking great photos of birds hatching ...
by TomatoTomahto
Tue May 26, 2020 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 235
Views: 11329

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

I’m of the “if it ain’t broke, don’t fix it” mindset. Put them in public school, and if there’s a problem, then adjust. I agree, but we fell victim to the pernicious effects of cognitive dissonance. I have very few coulda woulda shoulda moments as regards our kids, but I feel guilty about the years...