Search found 105 matches

by ScaledWheel
Mon May 11, 2020 6:39 am
Forum: Personal Finance (Not Investing)
Topic: post covid 19 office work - was coronavirus a game changer for telecommunting?
Replies: 48
Views: 3650

Re: post covid 19 office work - was coronavirus a game changer for telecommunting?

I sure hope so but I’m doubtful. This conversation reminds me of the maker vs. manager schedule (http://www.paulgraham.com/makersschedule). In essence, management’s life is often made easier by having people in the office but the people building the thing (in my case writing code) benefit from longe...
by ScaledWheel
Sun May 10, 2020 6:31 pm
Forum: Personal Consumer Issues
Topic: Password vault or generator?
Replies: 74
Views: 3911

Re: Password vault or generator?

I have 273 sites on my LastPass account. Works extremely well, couldn’t get by without it. Recommend it wholeheartedly! I watch my wife, who hasn’t made the conversion, struggle with misremembered passwords, lost scraps of paper with data on them, and alarming emotional outbursts of frustration. No...
by ScaledWheel
Sun May 10, 2020 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: How do you manage your real estate investments?
Replies: 4
Views: 414

Re: How do you manage your real estate investments?

We also use Cozy.co for rent collection (only two units) but then do all expense tracking in Google Sheets with a simple ledger-like setup. I think just having good information management with your folder and document structure goes a long way, but does take a bit of time to set up. We also have a s...
by ScaledWheel
Tue Apr 28, 2020 10:11 am
Forum: Personal Consumer Issues
Topic: House Siding for MN - LP / Hardie / Steel?
Replies: 12
Views: 1056

Re: House Siding for MN - LP / Hardie / Steel?

Love cedar but we replaced our siding in Minneapolis a couple years ago with Hardie. It’s great and it’ll be my go to from here on out.

Really happy with our contractor too who came in at a good price. Feel free to DM for the contractor info.
by ScaledWheel
Sun Apr 19, 2020 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance in the age of Corona
Replies: 18
Views: 1534

Re: Life Insurance in the age of Corona

Bumping this to ask the question: how does getting term life work now if getting a physical/examination is difficult (or even possible at this moment)? My spouse and I are in our early 30s and in good health, so we're looking to get Preferred Plus plans since we're hoping to start having kids in the...
by ScaledWheel
Sat Mar 21, 2020 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Corona and the “barebones” budget
Replies: 45
Views: 5919

Re: Corona and the “barebones” budget

Our largest discretionary expenses are travel and restaurants, so we are actually able to save a lot more money during these times. That is, as long as we can both keep our jobs, which is the biggest worry. We don't budget but do have aggressive savings goals, so as long as those are met we are comf...
by ScaledWheel
Sat Mar 21, 2020 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Startup Options Offer Evaluation [Non-Corona]
Replies: 13
Views: 664

Re: Startup Options Offer Evaluation [Non-Corona]

As others have mentioned, this sounds like a non-standard agreement so it's probably wise to pay an employment lawyer licensed in the state of the company for an hour of their time to look over your original agreement and any current offer from the company. I'm only familiar with NSO/ISO options, an...
by ScaledWheel
Sat Mar 14, 2020 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Are federal student loans now 0%?
Replies: 24
Views: 2500

Re: Are federal student loans now 0%?

Don't really see how this would be helpful in response to a crisis unless loan payment amounts are changed to reflect the change in interest. Presumably this is being proposed as a sort of stimulus but, failing any change in payment amounts, there is no short-term benefit.
by ScaledWheel
Wed Mar 11, 2020 10:05 pm
Forum: Personal Investments
Topic: Help a millennial stick to his IPS
Replies: 22
Views: 1337

Re: Help a millennial stick to his IPS

Does your IPS have any rebalancing criteria? Obviously doesn't preserve your capital, but can make the ride down a little more manageable.
by ScaledWheel
Tue Mar 03, 2020 11:59 pm
Forum: Personal Consumer Issues
Topic: Help/Advice with Decluttering
Replies: 37
Views: 2747

Re: Help/Advice with Decluttering

I like a bankers box approach. If you have something you think you might want, put it in a bankers box, label the box with what’s inside and the date. If after a year you don’t have a great desire to get at whatever is in the box, it can probably be donated. This assumes you have somewhere to store ...
by ScaledWheel
Mon Feb 17, 2020 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: De minimis safe harbor election for rental property before year placed in service
Replies: 1
Views: 184

De minimis safe harbor election for rental property before year placed in service

Wife and I own a duplex, and we moved out and did work on the unit we lived in last year, and placed that unit in service this year. The capitalization of improvements is pretty straightforward, but I'm a bit confused about what to do about expenses that fall under the de minimis safe harbor electio...
by ScaledWheel
Sun Feb 16, 2020 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3309

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

Wife and I are in a similar situation to you. We just refinanced through Sofi and now have around ~100k in student loans at a similar rate. The differences are that we have a gross income around 3/4 yours and are currently saving for a down payment in a HCOL area. We are waiting until the house is f...
by ScaledWheel
Wed Jan 22, 2020 11:08 pm
Forum: Investing - Theory, News & General
Topic: Big Data and Market Forecasting
Replies: 26
Views: 1573

Re: Big Data and Market Forecasting

Everything that @bmritz said is spot on. I work in forecasting with machine learning and “ai” models at my disposal, and there is no magic sauce about having a lot of data. Sometimes it can make things worse or at best less efficient. Also, the corollary to weather doesn’t hold because weather is go...
by ScaledWheel
Mon Jan 20, 2020 7:07 pm
Forum: Personal Consumer Issues
Topic: If you could only listen to one podcast...
Replies: 138
Views: 11508

Re: If you could only listen to one podcast...

Joe Rogan Experience or Your Mom’s House I assume the intersection of YMH fans and Bogleheads is really small. But there’s at least two of us! As for the one podcast, I would choose My Brother, My Brother, and Me. It’s a comedy podcast; I can get the serious stuff that I listen to (econ, finance, h...
by ScaledWheel
Fri Jan 17, 2020 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is starting a new job a qualifying life event allowing me to get off my spouse's health insurance?
Replies: 13
Views: 1274

Re: Is starting a new job a qualifying life event allowing me to get off my spouse's health insurance?

Thanks for everyone's input. It does qualify in my wife's plan, so we're happy to be saving a bit of money by being insured on separate plans.
by ScaledWheel
Thu Jan 16, 2020 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is starting a new job a qualifying life event allowing me to get off my spouse's health insurance?
Replies: 13
Views: 1274

Is starting a new job a qualifying life event allowing me to get off my spouse's health insurance?

My Google-fu has let me down a bit. Starting a new job, currently on a health insurance plan offered through my wife's employer. If we each got insurance through our respective employers, we would stand to save a decent sum (2-3k). In some places I read that going through an open enrollment in a new...
by ScaledWheel
Sat Jan 11, 2020 11:50 am
Forum: Personal Consumer Issues
Topic: New Sewer Line 2 weeks after Home Purchase. Any Legal Recourse?
Replies: 75
Views: 6312

Re: New Sewer Line 2 weeks after Home Purchase. Any Legal Recourse?

As others have said, you're likely out of luck from any legal front. We had a similar issue with carpenter ants that led to $20k in repairs that the previous owner must have know about (judging by remedies to the affected areas). After talking to a lawyer they pretty much said that we were in the ri...
by ScaledWheel
Sun Jan 05, 2020 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217488

Re: Fidelity as a one stop shop

I currently use the brokerage account as my main account and just keep the CMA at $0. It's my understanding that the ATM doesn't work in the CMA even with overdraft, is that correct? Maybe I should switch from using the brokerage as my main account to using the CMA and I can just buy SPAXX when dep...
by ScaledWheel
Thu Jan 02, 2020 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone use plaid.com?
Replies: 37
Views: 4007

Re: Does anyone use plaid.com?

acegolfer wrote:
Thu Jan 02, 2020 11:34 am
ScaledWheel wrote:
Thu Jan 02, 2020 10:59 am
I would only use it if I were extremely wary of giving my login info to an aggregator.
This whole thing started because I don't give my bank password to any aggregator.
In that case I would be happy using Plaid assuming you have the technical ability to use the API.
by ScaledWheel
Thu Jan 02, 2020 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone use plaid.com?
Replies: 37
Views: 4007

Re: Does anyone use plaid.com?

1. Yes. I've tried GNUCash but OFX didn't work with my bank. (I also tried moneydance, MS Money.) 2. I already have a spreadsheet that can create every report that I needed in Quicken from transaction data. I also have a script to import CSV files. It seems like you would be better off with downloa...
by ScaledWheel
Thu Jan 02, 2020 2:51 am
Forum: Investing - Theory, News & General
Topic: OFFICIAL REGISTRATION FOR THE 2020 BOGLEHEAD CONTEST
Replies: 684
Views: 20521

Re: OFFICIAL REGISTRATION FOR THE 2020 BOGLEHEAD CONTEST

3910.54

Guessed from taking a random sample of historic SP500 returns.
by ScaledWheel
Fri Dec 20, 2019 12:41 pm
Forum: Investing - Theory, News & General
Topic: Anyone use Python to analyze their finances?
Replies: 51
Views: 13575

Re: Anyone use Python to analyze their finances?

I've settled on a way forward that works for my purposes. I can use Fidelity Full View as an aggregator for both investments and spending as it allows exporting to CSV. Then I can use Python/pandas to get it into the appropriate database format, and then use Dash [0] for visualization. The main reas...
by ScaledWheel
Wed Dec 18, 2019 10:11 am
Forum: Personal Consumer Issues
Topic: Quality Power-Tool Brands
Replies: 93
Views: 5978

Re: Quality Power-Tool Brands

As others have said, your choice will depend on what you're trying to do. After remodeling a house, I'd definitely go with a single brand of cordless tools. The Milwaukee M18 tools (available from Home Depot, and probably Lowes) can run pretty much everything: from drills to oscillating tools to mit...
by ScaledWheel
Wed Dec 11, 2019 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Exercising of Vested Stock Options
Replies: 24
Views: 1272

Re: Exercising of Vested Stock Options

Anyone suggesting to keep it until the very end? Theoretically their expected value is greater at the end. Given that they expire soon you are pretty much at the end, and you are deep in the money. I would just look to see if you can optimize taxes and split it between now an Jan. 2, depending on y...
by ScaledWheel
Mon Dec 09, 2019 9:31 pm
Forum: Investing - Theory, News & General
Topic: Why to not buy a tech fund?
Replies: 107
Views: 6321

Re: Why to not buy a tech fund?

I'd argue that the truly high-growth tech companies are going to be ones not publicly traded, and their tech is going to make it into the operations of the companies in the SP500 anyway.
by ScaledWheel
Mon Dec 09, 2019 9:27 pm
Forum: Investing - Theory, News & General
Topic: Anyone use Python to analyze their finances?
Replies: 51
Views: 13575

Re: Anyone use Python to analyze their finances?

I use Python for my personal budget and investing exclusively. I started with excel and over the years I have migrated to using only python. I find it's more robust and less prone to errors. My tool has a python backend which uses Pandas and Flask. For the frontend I use HTML based frameworks such ...
by ScaledWheel
Mon Dec 09, 2019 9:23 pm
Forum: Personal Consumer Issues
Topic: Last minute inexpensive air fares?
Replies: 8
Views: 1384

Re: Last minute inexpensive air fares?

Use ITA Matrix (https://matrix.itasoftware.com/). If you have dates in mind, then set your departure airport and then a destination airport in a warm area. Hit the "Nearby" link and select all airports within a few hundred miles and you've basically blanketed all airports in that warm area. That's t...
by ScaledWheel
Mon Dec 09, 2019 4:51 pm
Forum: Investing - Theory, News & General
Topic: Anyone use Python to analyze their finances?
Replies: 51
Views: 13575

Re: Anyone use Python to analyze their finances?

I use Python for my personal budget and investing exclusively. I started with excel and over the years I have migrated to using only python. I find it's more robust and less prone to errors. My tool has a python backend which uses Pandas and Flask. For the frontend I use HTML based frameworks such ...
by ScaledWheel
Mon Dec 09, 2019 9:06 am
Forum: Personal Consumer Issues
Topic: Reliable Restaurant review sites for travel
Replies: 23
Views: 2108

Re: Reliable Restaurant review sites for travel

I find Google Maps to be a widely used site that is used by both locals and travelers. Only downside is that searching for restaurants is not as easy as a service specifically designed for restaurant reviews.
by ScaledWheel
Sat Dec 07, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: 25% tariff on Scotch - does this apply to tourists bringing back whisky from the EU?
Replies: 23
Views: 2222

Re: 25% tariff on Scotch - does this apply to tourists bringing back whisky from the EU?

Personal experience says no, but I also have Global Entry which means I'm rarely asked any questions.
by ScaledWheel
Thu Dec 05, 2019 11:16 am
Forum: Personal Investments
Topic: Moving Roth from VG Target Date to Fidelity 3-fund: wait for dividend?
Replies: 9
Views: 529

Re: Moving Roth from VG Target Date to Fidelity 3-fund: wait for dividend?

Yes, they come out of the price, so to speak. Say, for example, you have 10 shares of a mutual fund with a NAV of $10/share, for a total balance of $100. If that fund generates a dividend (or realizes a cap gain) of say $1/share, then the NAV simultaneously drops to $9/share. So afterwards, you hav...
by ScaledWheel
Thu Dec 05, 2019 10:49 am
Forum: Personal Investments
Topic: Moving Roth from VG Target Date to Fidelity 3-fund: wait for dividend?
Replies: 9
Views: 529

Re: Moving Roth from VG Target Date to Fidelity 3-fund: wait for dividend?

It doesn’t matter. The dividends come out of the share price, so whether you transfer before or after they are paid has no impact on your total balance. If I look at the end of last year, I see a dividend received (as well as capital gains). Am I correct in understanding these are automatically ref...
by ScaledWheel
Thu Dec 05, 2019 9:41 am
Forum: Personal Investments
Topic: Moving Roth from VG Target Date to Fidelity 3-fund: wait for dividend?
Replies: 9
Views: 529

Moving Roth from VG Target Date to Fidelity 3-fund: wait for dividend?

I currently have the VG 2045 target fund in my Roth and am moving everything over to Fido to simplify things. I plan to do 100% equities in my Roth since I'm young and the Roth is a small part of our overall portfolio. Are the dividends distributed at year end in the target funds prorated? If not, I...
by ScaledWheel
Fri Nov 22, 2019 10:11 pm
Forum: Personal Consumer Issues
Topic: Spending money to make travel easier and luxurious?
Replies: 85
Views: 8545

Re: Spending money to make travel easier and luxurious?

This is very dependent on your fashion style, but travel appropriate clothes can make life a lot of easier. There are companies out there (Rhône, Oliver’s, Public Rec) that sell clothes that are fast drying, often wrinkle free, and can be dressed up or down. They’re a bit spendy ($100-150 for a pair...
by ScaledWheel
Thu Nov 07, 2019 10:42 pm
Forum: Personal Consumer Issues
Topic: Is selling trees for lumber Immoral?
Replies: 33
Views: 2810

Re: Is selling trees for lumber Immoral?

It isn’t immoral but it’s a great way to destroy a piece of property and likely diminish its value. We’ve removed plenty of trees for the purpose of forestry management but I’m not going to ruin a beautiful piece of property for $7k. That's probably $7k/tree, white oak is a desirable hardwood. But ...
by ScaledWheel
Wed Oct 16, 2019 10:13 am
Forum: Personal Investments
Topic: How to handle 5M capital gain (post-IPO)
Replies: 130
Views: 15652

Re: How to handle 5M capital gain (post-IPO)

Depending on how long you've been gone, you know more about your former company's competitive advantage and position in the market than us. If it has had a good post-IPO trajectory, I would be inclined to "dollar cost average" out of your holdings in the next couple years, maybe holding a very small...
by ScaledWheel
Tue Oct 15, 2019 3:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Research: Aging demographics
Replies: 7
Views: 2096

Re: Vanguard Research: Aging demographics

One thing I've wondered about aging populations is the housing market, which wasn't addressed (though they did address housing spending). Home ownership rates are highest among populations 65+, and there are ~70 million boomers, depending on how you count. I would assume the changes in homeownership...
by ScaledWheel
Mon Oct 14, 2019 11:10 am
Forum: Personal Consumer Issues
Topic: How much do you spend on clothing?
Replies: 38
Views: 2977

Re: How much do you spend on clothing?

I recommend using one of those traveling tailors that come from Asia. They set up shop for one or two days in a hotel, and they will take your measurements and make you a fantastic suit at some insanely low price. It would be better if you could go in for multiple fittings, of course, but even a su...
by ScaledWheel
Mon Oct 14, 2019 9:57 am
Forum: Personal Consumer Issues
Topic: How much do you spend on clothing?
Replies: 38
Views: 2977

Re: How much do you spend on clothing?

Professional clothes are a bit of an upfront cost. I probably have $4000 worth of suits/blazers but these only need to be replaced every few years (assuming negligible weight gain/loss), but you can get pretty good tailored suits for $500-800 now. I would say $2500 is probably accurate for professio...
by ScaledWheel
Sat Oct 12, 2019 12:05 pm
Forum: Personal Consumer Issues
Topic: Cold feet - Radiant subfloor heating question
Replies: 26
Views: 2598

Re: Cold feet - Radiant subfloor heating question

Agree with others that, if you don't already have hydronic heat it's probably too much trouble. Also, the heating is supposed to be installed in the subfloor, not under the floor. It'll be very inefficient to install it in the joist space under the floor. You also have to consider the flooring mater...
by ScaledWheel
Fri Oct 11, 2019 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Budget Review - First home purchase
Replies: 7
Views: 985

Re: Budget Review - First home purchase

Seems reasonable. I used to live in Minneapolis and have friends that took the same route as you: buy in a first-ring suburb for the good schools. It feels a little tight but things become much easier once the kids are in public schools (though sounds like that's 6+ years away at this point). Also a...
by ScaledWheel
Fri Oct 11, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing an old home 100yrs +
Replies: 33
Views: 2524

Re: Purchasing an old home 100yrs +

I love old houses and think your price estimates are probably in the right ballpark, though I'm not familiar with NJ contractors. You can save a lot of money by doing things like demo-ing yourself, though of course be aware of the lead-related issues in old houses. Finding good contractors makes eve...
by ScaledWheel
Thu Oct 10, 2019 8:16 am
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 7438

Re: Artificial Intelligence and the stock market

I work for a major Blue Chip Dow component company. They have hired some of the best minds available to tinker with ML and AI for them. I attend the in-house tech conferences all the time. Thus far, I can assure you, the AI stuff here is so far 100% bs and I am embarrassed for the "great minds" who...
by ScaledWheel
Thu Oct 10, 2019 8:02 am
Forum: Personal Consumer Issues
Topic: Consumer Reports
Replies: 36
Views: 3902

Re: Consumer Reports

CR is an amazing organization and I have deep respect for what they do, so I do spend the $50 (or maybe it's $40) for an annual digital subscription. Whether or not it's "worth" the price really depends on how much you buy and use their service.
by ScaledWheel
Thu Oct 10, 2019 7:55 am
Forum: Investing - Theory, News & General
Topic: Fidelity to $0 Commissions
Replies: 87
Views: 10631

Re: Fidelity to $0 Commissions

Good news, and thank you I guess to the people that were leaving Fidelity so that I didn't have to do anything besides wait a week for free trades...and I guess wait much longer until I'm in a financial position to take good advantage of the free trades.
by ScaledWheel
Thu Oct 10, 2019 7:52 am
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 7438

Re: Artificial Intelligence and the stock market

Time for me to put on my "crotchety old man" hat (I'm in my early 30's). When I started grad school, what is now being called AI was starting to be called machine learning (ML), and before that was called applied statistics. There is nothing magical about AI, unless we are actually talking about gen...
by ScaledWheel
Mon Oct 07, 2019 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Should I sell or hold [house]?
Replies: 31
Views: 3089

Re: Should I sell or hold [house]?

I would heavily consider selling when your current renter moves out just to simplify life and have one less thing to worry about.
WengerTodd wrote:
Mon Oct 07, 2019 6:57 am
Fort Lauderdale will always go up... always (even when it goes down, it'll eventually go back up).
This is true until it isn't.
by ScaledWheel
Mon Oct 07, 2019 12:40 pm
Forum: Personal Consumer Issues
Topic: Buying a house with in slab copper piping
Replies: 34
Views: 4329

Re: Buying a house with in slab copper piping

Wife and I bought a house with copper pipe in slab running to the radiators in the finished basement. We did not realize this at the time and they ended up leaking (or were leaking before we bought it). We rerouted through drop ceiling which saved money but still ended up being costly. I don't think...
by ScaledWheel
Mon Oct 07, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Controlling Discretionary Spending
Replies: 44
Views: 3320

Re: Controlling Discretionary Spending

Best of luck. I generally put things into my Amazon cart (almost all my shopping is done there) until I actually need something. I can then go through and "save for later" if it turns out I don't really need it. Weeks or months later I usually end up removing all these saved items.
by ScaledWheel
Fri Oct 04, 2019 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Willingly going from lucrative job to unemployed?
Replies: 132
Views: 15401

Re: Willingly going from lucrative job to unemployed?

I shared the situation with my boss (with whom I have a decent informal relationship), quite literally starting with "I can't take it anymore", and he said to please wait about a month or two before having this conversation. He informally said that the company might be in the final stages of a M&A ...