Search found 30 matches

by BGJ
Sat Jul 06, 2013 4:59 pm
Forum: Personal Consumer Issues
Topic: Help Me Replace my NetGear Wireless Router
Replies: 36
Views: 4590

Re: Help Me Replace my NetGear Wireless Router

Gatorman, I feel your pain. I used to use netgear routers, but when I needed to replace mine I did a lot of research and got an Asus RT-N66U. It is definitely more expensive but it has worked extremely well. I have had to reboot it once in about six months, and all the griping from my family about b...
by BGJ
Tue Jun 18, 2013 8:48 pm
Forum: Personal Consumer Issues
Topic: Wanting to spend money all of a sudden
Replies: 76
Views: 7999

Re: Wanting to spend money all of a sudden

Find a hobby or activity you really like, the list is almost endless. If you have excess money and a current lack of enthusiasm for things try and develop some passions/hobbies. Travel (this can be all consuming and from reasonable to very expensive, go for it if you have the money), collecting art,...
by BGJ
Tue Jun 18, 2013 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you reach 100K networth?
Replies: 299
Views: 64741

Re: What age did you reach 100K networth?

In 1992 at age 37. This is $161,000 in 2012 dollars.
by BGJ
Sun Jun 16, 2013 4:37 pm
Forum: Personal Consumer Issues
Topic: Why buy expensive cars
Replies: 271
Views: 33062

Re: Why buy expensive cars

I'm cured. I bought my wife a 5 yr old used BMW 740iL 7 years ago. I have had two used 325iC's and they were not terribly expensive, but the maintenance on a 740 is 1.5-2.0 times as much. It's a nice, comfortable, very safe car, but parts and maintenance are way too high. I now have a Hyundai Sonata...
by BGJ
Sun Jun 16, 2013 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Your worst financial habit
Replies: 84
Views: 12816

Re: Your worst financial habit

This may not be the largest magnitude problem I have, but it is significant and I think no one else has mentioned it. I buy used cars and then become attached to them and put more money into them when they are worn out than makes sense. It's like completely overdoing a good idea. I had put so much m...
by BGJ
Sat Jun 08, 2013 3:45 pm
Forum: Investing - Theory, News & General
Topic: Brain On Stocks
Replies: 21
Views: 2530

Brain On Stocks

I enjoy Barry Ritholz's blog. While not a pure Boglehead, he's pretty close to one. This is a presentation he made on investor psychology.

http://www.ritholtz.com/blog/2013/05/br ... 1011-2013/
by BGJ
Sun Jun 02, 2013 5:09 pm
Forum: Investing - Theory, News & General
Topic: Article -Will US workers ever be able to retire
Replies: 26
Views: 2558

Re: Article -Will US workers ever be able to retire

This article reminded me that 25-30 years ago I also thought Social Security would be gone by the time I retired. This motivated me to save more and was a major factor in getting on the right savings path. Younger people hearing the perennial bad news about the long term future of Social Security is...
by BGJ
Sat May 18, 2013 5:49 pm
Forum: Personal Consumer Issues
Topic: selling a piano or move it ?
Replies: 10
Views: 948

Re: selling a piano or move it ?

If the piano is not being played it's probably best to sell it, and craigslist is good for this as local sales in person only will make sense and that is the only way to sell things on craigslist due to scam risks for long distance sales. Used older uprights that are not well maintained are often wo...
by BGJ
Wed May 08, 2013 5:14 pm
Forum: Personal Consumer Issues
Topic: general (financial) advice about musical instruments/lessons
Replies: 109
Views: 10381

Re: general (financial) advice about musical instruments/les

I have played cello, saxophone, guitar, and piano. They are all great instruments, but I only still play piano and guitar. I don't know any adult who still plays the violin, cello, or viola, unless they are a pretty serious musician, but lots of regular folks still play piano and guitar. If you had ...
by BGJ
Sat Apr 06, 2013 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Should my wife keep working or become a stay-at-home mom?
Replies: 112
Views: 11523

Re: Should my wife keep working or become a stay-at-home mom

My wife stayed at home with our kids when they were young, until the youngest was six and we had a fraction of your income. I think this was definitely the best for the kids. That said, my wife had a BS in child development and was a great mother and loved kids. She is now a very successful elementa...
by BGJ
Sun Mar 31, 2013 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security increase rate
Replies: 19
Views: 2033

Re: Social Security increase rate

I discount inflation adjusted retirement income like SS and my wife's pension by 0.7% per year. In other words if real inflation is 3.0% you realize only 2.3% COLA. This is just my guess at what will occur since there will be pressure to reduce SS payments in the future.
by BGJ
Sun Mar 31, 2013 11:30 am
Forum: Personal Consumer Issues
Topic: Backup software
Replies: 20
Views: 1129

Re: Backup software

I had to use Macrium to completely restore my system (entire C drive image) one time and it worked perfectly on XP. I used the Linux install/boot CD method.
by BGJ
Fri Mar 29, 2013 4:53 pm
Forum: Personal Consumer Issues
Topic: Why Can't I Bring Myself to Buy Me a Nice Watch?
Replies: 193
Views: 20755

Re: Why Can't I Bring Myself to Buy Me a Nice Watch?

Have you considered buying a good used one so you don't take the initial depreciation? I personally think nice watches are acceptable within limits, they really can last a lifetime and do have some long term residual value unlike many other "toys" available. I used to buy cheap watches but the cheap...
by BGJ
Tue Mar 27, 2012 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs Renting
Replies: 8
Views: 929

Buying vs Renting

My daughter and her new husband are both graduating medical students and will be relocating to Birmingham, Al (UAB) in June for their residencies. They will be there for 3-5 years. They definitely want a single family home, not apartment or condo. My question is with interest rates so low should the...
by BGJ
Thu Jan 12, 2012 10:15 pm
Forum: Personal Consumer Issues
Topic: Coffee
Replies: 64
Views: 8834

Re: Coffee

Here's a Boglehead response. My father had a Jura Capresso automatic coffee/espresso maker that sometimes malfunctioned and leaked a little water onto the counter. This bothered him and the company's service is you send it back (a major hassle, it's big and heavy for a coffee maker) and for $350 and...
by BGJ
Tue Dec 20, 2011 9:58 pm
Forum: Personal Consumer Issues
Topic: What song describes your life?
Replies: 67
Views: 4403

Re: What song describes your life?

"If I Only Had A Brain"

I would while away the hours, conversing with the Bogleheads, buying all the gold (in 2001)

I'd be Rich as Rockefeller, and hold lot more "Yeller", If I only had a Brain (It would be Nice!)
by BGJ
Sun Dec 11, 2011 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Prudential's IncomeFlex Product
Replies: 25
Views: 4088

Prudential's IncomeFlex Product

Our company is considering adding Prudential's "IncomeFlex Target" to our 401K available funds. My understanding of this product is: Money is in a 60/40 index fund Fees will be ~1.8% initially to ~2.3% max in the future In the accumulation phase the "highest birthday value" of the fund (some call th...
by BGJ
Sun Nov 06, 2011 8:27 pm
Forum: Personal Consumer Issues
Topic: What do you feed your dog?
Replies: 65
Views: 5302

Re: What do you feed your dog?

My cousin and her husband are both Vets. They both recommend Science Diet. There are many variations from small bites for little dogs to senior dogs and also different flavors. My dog likes it and has not had any issues with it.
by BGJ
Sat Sep 17, 2011 2:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's frequent trding restrictions: why?
Replies: 12
Views: 3330

I think the restrictions and penalties are longer and more severe than is needed to keep people from day trading with Vanguard mutual funds. I have never had to do this, but a workaround is to put money into another similar fund then move it into the desired fund when the time period is over. They h...
by BGJ
Sat Sep 17, 2011 2:03 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 785
Views: 144814

I like Elissa IPA by St. Arnolds Brewery here in Houston, Tx. It is a really good IPA for $7 per 6-pack here in Houston at Spec's.

I used to drink Thunderhead IPA, also pretty good for the price, but it no longer available at Spec's.
by BGJ
Sat Aug 27, 2011 5:18 pm
Forum: Personal Consumer Issues
Topic: any self-taught scientists?
Replies: 42
Views: 5458

This answer is a little off topic, but I can honestly say even though I got my Chemical Engineering degree in 1979, at least 90% of the science and technology I know today was self taught or on the job training. The engineering and science schooling was a good start, but I need to experience, study,...
by BGJ
Thu Aug 25, 2011 9:07 pm
Forum: Personal Consumer Issues
Topic: Hurricane thread
Replies: 120
Views: 13381

I just realized I said it it should be 2 hours to Dallas from Houston, sorry, it should be 4 hours. The 12 hours it took to get to Dallas for the "late" Rita evacuation was driving time, not counting the 4 hours we slept in the cars in the full hotel parking lot and later on 2 hours resting and show...
by BGJ
Thu Aug 25, 2011 8:34 pm
Forum: Personal Consumer Issues
Topic: Hurricane thread
Replies: 120
Views: 13381

The center of hurricane Ike passed about 5 miles from my house in Seabrook, TX three years ago, and I can tell you if you live in a low lying area close to the coast or a river close to the coast you may want to consider evacuation pretty far inland (where power will be on), especially if you have f...
by BGJ
Thu Jul 28, 2011 7:16 pm
Forum: Personal Consumer Issues
Topic: Can I build my own PC?
Replies: 47
Views: 4626

I always build my own PC's, but that's because I find it fun to do, it's a hobby. There is no big quality improvement or money saving to be had, especially if you have never done it before, because the first one will almost certainly take a long time. Back in 1995 when I started you really could get...
by BGJ
Sat Jun 04, 2011 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: What % do you save ?
Replies: 57
Views: 6551

I save 23% in 401K (including employer) and my wife also saves 23% in her 403B. In this group it appears we are huge slackers!
by BGJ
Sat May 28, 2011 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: $29K-$120K [salary ranges of college degrees]
Replies: 58
Views: 7996

There were (and suspect still are) big differences in engineering salaries adjusted for cost of living primarily depending on industry sector and geographical location. In the late 90's I was in the job market and saw offers in the midwest for manufacturing engineering jobs for 45-50K max, but in Ho...
by BGJ
Sun May 22, 2011 5:53 pm
Forum: Personal Consumer Issues
Topic: Wine Pricing
Replies: 19
Views: 2139

Can you guys recommend a few excellent value reds in the $10-15 range? Thanks!
by BGJ
Sun May 08, 2011 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: When did you become a boglehead?
Replies: 36
Views: 3974

Back in about 1992 I bought a book titled "Personal Finance For Dummies". Before you laugh at the "Dummies" book, it did a pretty good job explaining and praising what are now called Boglehead themes (low cost funds, indexing, etc.), and it mentioned Vanguard specifically as a good place for low cos...
by BGJ
Sat May 07, 2011 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Need advice: Payoff mortgage or invest
Replies: 80
Views: 8857

For your case I would not recommend refinancing because your current interest rate is too low, and It sounds like you only have 15 yrs left on it since you have already been paying it down. How about continuing to pay it down so you are done in about 8-10 yrs, this will minimize your total interest ...
by BGJ
Sun May 01, 2011 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone else do this or consider this? [mortgage payoff]
Replies: 45
Views: 4704

You are almost exactly where I was before refinancing in terms of interest rate (I was at 5.75% on 30 yr) and life of the loan (22 years left on 30 yr). I did a lot of analysis and refinancing to a 15 yr loan at 3.875% saved me ~16K (including taxes) versus paying down the existing 30 yr in 15 yrs, ...