Search found 28 matches

by cmdreset
Sat Sep 19, 2020 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 311
Views: 21157

Re: Preparing for retirement in mid 30s

It's not just a matter of paying premiums with or without a subsidy. It's considering a scenario (all too common pre-ACA) where OP, wife or child developed an illness that required ongoing, expensive treatment. There was no guarantee of getting a policy, and if you did have a policy, the benefits c...
by cmdreset
Sat Jan 12, 2019 12:08 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 242
Views: 15399

Re: Disciplined with finances, but not so with diet

Many people have already pointed out the answer: Eat less calories than you expend. It is the only overall strategy that works. Relative carbs/fats, eating schedule, fitness trackers, etc. are all tactics . And read this - it has some of the clearest advice I have seen anywhere https://www.reddit.co...
by cmdreset
Sat Jan 05, 2019 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Recent Engineering College Graduate can’t get job interviews, needs advice
Replies: 149
Views: 14674

Re: Recent Engineering College Graduate can’t get job interviews, needs advice

Hiring manager here - I saw a lot of conflicting "Put on GPA/Leave off GPA" advice here. Here is my take on the GPA question: * Right out of school, no relevant (field-related) experience - Listing GPA is required. Not listing GPA in this case is a glaring red-flag omission. I also don't r...
by cmdreset
Fri Dec 28, 2018 12:22 pm
Forum: Personal Investments
Topic: Rookie Boglehead- Young-ish High Income Earner
Replies: 20
Views: 1896

Re: Rookie Boglehead- Young-ish High Income Earner

Wow, you are doing great! I was still living in a cockroach infested apartment at 30... Investing is simple, but hard (like diet and exercise.) (1) Buy low expense, broad index funds (e.g. Vanguard Total Market). At your age - about 70% of your invest-able assets (2) Buy an intermediate bond fund wi...
by cmdreset
Sun Dec 16, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 190
Views: 16094

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

good, hope my state goes back to a low risk pool where premiums were much lower. ACA did away with that and premiums skyrocketed. That works only until you get seriously sick, so it pretty much defeats the main reason for the insurance. Once you have to be moved from a "low-risk" pool to ...
by cmdreset
Sat Dec 15, 2018 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 190
Views: 16094

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

Is anybody holding off pulling the trigger on retirement due to this issue? Pre-retirement, the main action you can take is to save more or plan for a part-time job that maintains coverage (if you can't get it otherwise.) If your early retirement is unavoidable (such as due to a health issue), I'm ...
by cmdreset
Sat Dec 15, 2018 11:43 am
Forum: Personal Consumer Issues
Topic: Raspberry pi or starting an 11 year old with programming
Replies: 21
Views: 2161

Re: Raspberry pi or starting an 11 year old with programming

Does she like electronics and robotics? Then the Pi is OK but Arduino is probably easier to get started, with tons of accessories for running motors/lights/etc. Here are some things you might not be aware of: you will need another computer (laptop with a USB port is fine) to program Arduino devices,...
by cmdreset
Sat Oct 20, 2018 4:33 pm
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 141
Views: 13490

Re: Should we move to San Diego from east coast?

What do you do with the kids on the weekends? Pretty much the same thing you do in Philadelphia, except with better weather. Kids are on sports teams, they go to the pool (most pools are open year round), there are parks and beaches, libraries, school activities. Exactly - in the affluent areas peo...
by cmdreset
Sun Oct 14, 2018 9:41 pm
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 141
Views: 13490

Re: Should we move to San Diego from east coast?

We are in the suburbs of Philadelphia, and annual combined income of 195k. Our family lives in La Jolla and we surely would be looking at towards north country, SD. [Snip] Trying to see if we can keep our jobs remote. If not then that will be the biggest factor deciding. [Snip] Any recommendation f...
by cmdreset
Sun Oct 14, 2018 11:52 am
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 141
Views: 13490

Re: Should we move to San Diego from east coast?

There are so many variables that go into a moving decision, but very high up there will be your job(s) and your ability to pay your housing bill (although depending where you are from on the east coast it might not be that different.) You need to give us more info if you want advice that will be wor...
by cmdreset
Sun Jul 22, 2018 4:33 pm
Forum: Personal Investments
Topic: Biggest financial decision of my life: selling a big wad of options
Replies: 46
Views: 6026

Re: Biggest financial decision of my life: selling a big wad of options

Skierajs wrote: Sun Jul 22, 2018 10:11 am I would definitely get some professional tax planning advice.
I second this BTW - you can afford a good accountant, everyone at my company who tried to "save" money by DIY taxes on a big sell year made expensive mistakes and/or got audited.
by cmdreset
Sun Jul 22, 2018 11:09 am
Forum: Personal Investments
Topic: Biggest financial decision of my life: selling a big wad of options
Replies: 46
Views: 6026

Re: Biggest financial decision of my life: selling a big wad of options

Been in your exact situation (and in CA too) It looks like you did most of your homework. Not sure if you have Incentive Stock Options (ISO) or Non-Qualified Stock Options (NQSO) [edit- oops, I see you said NSO which I assume is NQSO?] There is no tax benefit for exercise-and-hold of NQSO's - this s...
by cmdreset
Thu Jul 06, 2017 12:44 pm
Forum: Personal Consumer Issues
Topic: Is it Safe to Get Your DNA Tested?
Replies: 86
Views: 13467

Re: Is it Safe to Get Your DNA Tested?

The problem is that it is virtually inevitable that this information will eventually be hacked, and your DNA will become a matter of public record. Maybe not a big deal except that in the future "pre-existing conditions" may (or may not) once again be grounds for denial of medical insuran...
by cmdreset
Sun Mar 19, 2017 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 237
Views: 41159

Re: Early Retirement - what to do about healthcar

MMM has some good discussion on his site about his approach to healthcare - as of 2012 he got a plan through ehealthinsurance Bear in mind MMM is Canadian and so he admits he always has a back-up plan if something catastrophic happens. Pre-ACA he would have been one diagnosis or accident away from p...
by cmdreset
Sun Jan 22, 2017 6:45 pm
Forum: Personal Consumer Issues
Topic: Retiring soon - health insurance planning Cal-COBRA
Replies: 19
Views: 2997

Re: Retiring soon - health insurance planning Cal-COBRA

A lot of American early retirees (and those contemplating retiring) are in this situation now unfortunately - the only thing we know for sure is that we don't know for sure what is going to happen in the future. Looks like you are going to have a multi-year gap where insurance may or may not be avai...
by cmdreset
Sun Jun 26, 2016 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Very tough career choice (ego, startup, San Francisco Bay Area)
Replies: 58
Views: 9621

Re: Very tough career choice (ego, startup, San Francisco Bay Area)

I am in the "remain" camp - quitting in a huff is almost NEVER the right choice in these situations. If you voluntarily leave a job it should be for a specific career goal. If you can't get hired into the position you want at another company (that you were passed-over for at your current c...
by cmdreset
Sun May 24, 2015 1:41 pm
Forum: Personal Consumer Issues
Topic: WiFi [Thermostat] - Security Issues?
Replies: 9
Views: 5777

Re: WiFi [Thermostat] - Security Issues?

Without specifics on your device and network config it is really hard to say what your risk is. Once it is on your WiFi (behind a good firewall, right?) someone within wireless range shouldn't be able to "see" the device or connect to it directly, just your secured WiFi access point(s). If...
by cmdreset
Sun May 03, 2015 6:16 pm
Forum: Personal Investments
Topic: Advice on Stock Options - What would you do here?
Replies: 10
Views: 1725

Re: Advice on Stock Options - What would you do here?

Having been on both sides of this as well, I think your 25% per year approach is a great strategy. One thing is sure, the stock will go up or down (maybe a lot), so if it goes way up in 4 years you will be able to feel smart that you held on to some. If it goes way down you will feel smart for havin...
by cmdreset
Sun Jan 18, 2015 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: If your net worth is over $3 million, how did you do it?
Replies: 523
Views: 134278

Re: If your networth is over $3 million, how did you do it?

Like many others here, basically: compound_time(income - expenses) ==> $3M Maximized income: Education (Ph.D. in hard sciences), stayed employed, stayed healthy. I also got some stock options that got me to $3M early, but I would have gotten there without it in the end. Minimized expenses: Modest ho...
by cmdreset
Sat Jul 05, 2014 11:04 am
Forum: Personal Consumer Issues
Topic: Tiny House Movement
Replies: 139
Views: 21150

Re: Tiny House Movement

There's a big difference in sq ft requirements depending on the size of your family, where you live, and how any co-inhabitants get along - I grew up in a 1200 sq ft house in the northeast with five people living there at one point. Let's just say I spent a lot of time outside :)
by cmdreset
Sat Nov 02, 2013 11:39 am
Forum: Personal Consumer Issues
Topic: Bogleheads' "Rags to Riches" Stories
Replies: 107
Views: 20950

Re: Bogleheads' "Rags to Riches" Stories

Postby tyrion » Fri Nov 01, 2013 4:55 pm I've read all of these feel good stories. There are certainly some poignant moments. And some great writing. But I would hesitate to try to turn these stories in to an actionable plan. Here is an actionable plan: (1) Become proficient in a valuable skill/pro...
by cmdreset
Mon Apr 15, 2013 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Legally Mine [Asset Protection Law Firm]
Replies: 35
Views: 15677

Re: Legally Mine [Asset Protection Law Firm]

Hi bluedragonfly I would recommend the following steps: (1) Read Asset Protection by Adkisson (recommended earlier). You are going to have to familiarize yourself with the various schemes (and I do mean "schemes") out there and make your own judgement. (2) Conclude that unless you truly re...
by cmdreset
Sun Sep 30, 2012 12:00 pm
Forum: Personal Consumer Issues
Topic: The Difficult Tale of Budget Cutbacks
Replies: 129
Views: 6220

Re: The Difficult Tale of Budget Cutbacks

As DualIncomeNoDebt has pointed out, the swim team is not your major problem in the budget. Your choices of living location and employer (e.g. your personal lifestyle choices) are the problem. SNIP Yes, I will be honest with you, I don't believe those options to be the best for us right now. Moving...
by cmdreset
Sun Apr 29, 2012 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Career Decision to make
Replies: 16
Views: 1870

Re: Career Decision to make

Don't forget your thriving little company could get bought out (a common exit strategy these days) and you have to move anyway. It happens a lot (happened to me) If I were you, unless you have some really favorable stock vesting schedule at megacorp (and mind you this is advice from an anonymous voi...
by cmdreset
Sun Mar 18, 2012 12:19 pm
Forum: Personal Investments
Topic: Select an advisor
Replies: 28
Views: 1639

Re: Select an advisor

This is how I selected a financial advisor: I offered to give the advisor 50% of my after-tax profit above what I could have achieved by following a simple 50/50 Index stock funds/Bonds portfolio (or some other target ratio), which as other pointed out really takes almost no effort. But the advisor ...
by cmdreset
Tue Jul 05, 2011 11:44 pm
Forum: Investing - Theory, News & General
Topic: The first $500,000 is always the hardest
Replies: 260
Views: 49093

Re: Rain on the parade

Hmm that's not what 100+ years of stock market returns from many countries show. Nick Past performance does not blah blah blah At best I have doubled my money over my investing life time (started working in early 90's after school - didn't have a decent salary to invest with until the late 90's) I ...
by cmdreset
Mon Jul 04, 2011 7:02 pm
Forum: Investing - Theory, News & General
Topic: The first $500,000 is always the hardest
Replies: 260
Views: 49093

Rain on the parade

Sorry folks, this is so far from my investing experience I have to call BS. Tell me who has sustained 8% over inflation over the past 10-20 years. And by inflation I don't mean the CPI - include housing, medical costs, and college costs (important things when trying to raise a family.) Jane and Joe ...
by cmdreset
Sat Jul 14, 2007 9:46 am
Forum: Investing - Theory, News & General
Topic: S&P Index funds vs Total Market
Replies: 5
Views: 1906

S&P Index funds vs Total Market

Hi everyone, So, my core domestic stock holdings are in S&P Index funds. I've heard several here mention that the S&P isn't really "diversified enough", yet if I plot the performance of the S&P vs. say VTSMX, I don't see any significant difference. What am I missing? BTW, I am ...