Search found 420 matches

by ScubaHogg
Mon Jun 01, 2020 2:33 am
Forum: Personal Finance (Not Investing)
Topic: 50% pay cut: moving advice
Replies: 68
Views: 4785

Re: 50% pay cut: moving advice

In Seattle? A city most the country would love to move to? Even better returns. Seattle’s had a ton of growth thanks to a booming economy and nationwide trend towards urbanization (and probably not because “most the country would love to move” there). But it doesn’t always have to be that way. Reca...
by ScubaHogg
Mon Jun 01, 2020 2:21 am
Forum: Forum Issues and Administration
Topic: navigation
Replies: 5
Views: 463

Re: navigation

is it possible to make modifications to the interface ? Generally no, the interface is defined by the phpBB developers. i see the navigation aids/controls which are available at the top of a forum are different from those at the bottom of the forum is it possible to make those 2 spots identical ? t...
by ScubaHogg
Sun May 31, 2020 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Simple jobs during FATFire?
Replies: 152
Views: 9784

Re: Simple jobs during FATFire?

Me and SO should be on track to FATFire around 45-50. However, I don't want to just sit at home at this time. In our 40s and 50s I would have worked 20+ years in software engineering and would have developed significant skills there to perhaps do something in that space. We are currently in our ear...
by ScubaHogg
Sun May 31, 2020 9:56 am
Forum: Forum Issues and Administration
Topic: navigation
Replies: 5
Views: 463

Re: navigation

It would be nice if the page advance buttons were at both the top and bottom. This would avoid the need to scroll all the way down if you know you want to advance the page.

Disregard. You obviously can. I don't know what I was confusing BH with...

:oops:
by ScubaHogg
Sat May 30, 2020 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Saving money or pay off debt?
Replies: 17
Views: 1717

Re: Saving money or pay off debt?

If you pay off the car loan it should effectively increase the number of months of your emergency fund since you have eliminated that monthly expense. If you do that calculation what does that get your existing EF to?
by ScubaHogg
Sat May 30, 2020 10:34 pm
Forum: Forum Issues and Administration
Topic: What does OP stand for?
Replies: 12
Views: 1574

Re: What does OP stand for?

In my working lifetime (now 83) if I would use an acronym I would write out the words the first time being used and follow those words by the acronym in parenthesis. Thereafter I would only use the acronym. For example: total stock market (TSM) or Vanguard (VG). :idea: On this site when discussing ...
by ScubaHogg
Sat May 30, 2020 10:31 pm
Forum: Investing - Theory, News & General
Topic: Goldman-Sachs Compares Bitcoin to the Tulip Bubble
Replies: 58
Views: 3621

Re: Goldman-Sachs Compares Bitcoin to the Tulip Bubble

Of course had Goldman been around then they would have been plowing their clients into Tulips. Or at least an inverse 3x CDO SWAP derivative of Tulips or some such nonsense
by ScubaHogg
Tue May 26, 2020 7:42 am
Forum: Personal Consumer Issues
Topic: Suggestions for Extended Winter Getaway
Replies: 4
Views: 362

Re: Suggestions for Extended Winter Getaway

Are you limited to Florida? Or even to just one place? The Caribbean seems to offer lots of choices. Or Central America. Southern Cal is an obvious choice, but the time zone might be an issue with school.
by ScubaHogg
Tue May 26, 2020 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Online Lenders / Mortgages
Replies: 5
Views: 626

Re: Online Lenders / Mortgages

I don’t think I’ve ever used a local bank. Can’t actually imagine what the advantage would be? I mean, if they don’t return phone calls are you going to keep using them, regardless of whether or not you can physically go in? Lots of things to scan/fill out online. There are plenty of good scanning a...
by ScubaHogg
Tue May 26, 2020 6:50 am
Forum: Personal Investments
Topic: Air conditioner stocks
Replies: 27
Views: 1785

Re: Air conditioner stocks

If everybody stays home then those big office buildings won't need as much AC. They can consolidate on the lower floors and close off the higher ones. Which AC companies do you propose we dump? Big office buildings will keep the ACs, will not turn them back. It is the additional residential AC buys...
by ScubaHogg
Mon May 25, 2020 9:18 am
Forum: Personal Consumer Issues
Topic: Update current laptop or buy new one?
Replies: 45
Views: 2803

Re: Update current laptop or buy new one?

My previous Mac I updated both the ram and the ssd. Got about 3 more good years out of the computer for not a lot of money. I don’t know how difficult that would be with your laptop, but might be worth a try.
by ScubaHogg
Mon May 25, 2020 9:06 am
Forum: Personal Investments
Topic: Timing the Market
Replies: 8
Views: 689

Re: Timing the Market

My two cents is today is best, but of course the markets are closed so tomorrow is second best. I’d say you have two ways to be able to sleep well. 1) time the market perfectly such that nothing bad ever happens. This of course is futile. 2) set you asset allocation such that you can sleep regardles...
by ScubaHogg
Sun May 24, 2020 3:25 pm
Forum: Personal Investments
Topic: Has anyone ever used their Emergency Fund?
Replies: 92
Views: 7176

Re: Has anyone ever used their Emergency Fund?

I have. Why do you ask? PJW As I consider beefing up my Emergency Fund, I can't help but to think about the opportunity cost associated with not investing that additional cash in the market. So am trying to strike that balance between securing enough cash in case of an emergency vs. putting that ca...
by ScubaHogg
Sun May 24, 2020 3:22 pm
Forum: Investing - Theory, News & General
Topic: Businesses that are permanently destroyed due to COVID?
Replies: 34
Views: 2760

Re: Businesses that are permanently destroyed due to COVID?

I think the NCAA, the NFL, the NBA, the NHL, and MLB will all fold. I’d happily take the opposite in this bet with almost any terms. :sharebeer You'll have to outbid me for the opportunity. I'd be surprised if 2021 sports revenues did not break records. Yep. I’d take THAT bet as well. People are re...
by ScubaHogg
Sun May 24, 2020 11:14 am
Forum: Investing - Theory, News & General
Topic: Businesses that are permanently destroyed due to COVID?
Replies: 34
Views: 2760

Re: Businesses that are permanently destroyed due to COVID?

There is a prestige/consumption aspect to opening a restaurant and there never seems to be a shortage of people willing to take the risk (I mean, what other industry gets so many people with little to no experience starting a company?). I think that in a reasonable amount of time we Will have about ...
by ScubaHogg
Sun May 24, 2020 11:10 am
Forum: Investing - Theory, News & General
Topic: Businesses that are permanently destroyed due to COVID?
Replies: 34
Views: 2760

Re: Businesses that are permanently destroyed due to COVID?

UpperNwGuy wrote:
Sun May 24, 2020 9:45 am
I think the NCAA, the NFL, the NBA, the NHL, and MLB will all fold.
I’d happily take the opposite in this bet with almost any terms. :sharebeer
by ScubaHogg
Sat May 23, 2020 11:23 am
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3426

Re: Do you dislike recurring billing for gyms?

FWIW I think LA fitness is a rip off, BUT I never had any issue with credit card billing with them. In what way is it a ripoff? Is it a good gym that just charges too much, or is it a bad gym with too little equipment...? I thought it charged way too much. Lots of machines, few free weights, etc.
by ScubaHogg
Sat May 23, 2020 9:46 am
Forum: Personal Investments
Topic: Has anyone ever used their Emergency Fund?
Replies: 92
Views: 7176

Re: Has anyone ever used their Emergency Fund?

I have. Why do you ask? PJW As I consider beefing up my Emergency Fund, I can't help but to think about the opportunity cost associated with not investing that additional cash in the market. So am trying to strike that balance between securing enough cash in case of an emergency vs. putting that ca...
by ScubaHogg
Sat May 23, 2020 8:06 am
Forum: Personal Consumer Issues
Topic: Amazon Prime delayed shipping
Replies: 39
Views: 2754

Re: Amazon Prime delayed shipping

You are under no obligation to continue paying a ~$280 billion company for a service that you aren’t receiving, COVID or no COVID. When Amazon first came out with two day PRIME shipping 8-9 years ago it was a real difference maker. Now lots of websites offer a similar service, so Amazon isn’t really...
by ScubaHogg
Sat May 23, 2020 7:49 am
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3426

Re: Do you dislike recurring billing for gyms?

FWIW I think LA fitness is a rip off, BUT I never had any issue with credit card billing with them. Simple. Cancelled when I cancelled.

Auto credit card billing is great, one less thing to take up your monthly brain cells dealing with.
by ScubaHogg
Wed May 20, 2020 1:54 am
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12084

Re: Selling home - low ball negotiation

cmr79 wrote:
Fri May 15, 2020 7:27 pm
And yet they do. I think it was Malcolm Gladwell who compiled some data that agents leave their own houses on the market longer and sell for more, controlling for everything else.
This was from Freakonomics...similar style of writing, of course.
Thanks, couldn’t quite recall
by ScubaHogg
Wed May 20, 2020 1:21 am
Forum: Personal Finance (Not Investing)
Topic: 20 year Term Life insurance—keep or renew?
Replies: 21
Views: 1313

Re: 20 year Term Life insurance—keep or renew?

If you died tomorrow, your wife would be able to pay off the house and house and have just under 1M to raise 3 kids. I would consider keeping what you have and getting another 15 year term for 750K. In 15 years, I think you’ll be self insured with your pension and big nest egg. Also, are you counti...
by ScubaHogg
Tue May 19, 2020 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Opinion on Relocating from IL to FL Central Gulf Coast Condo
Replies: 46
Views: 3309

Re: Opinion on Relocating from IL to FL Condo

I don't know about everyone else, but the hurricanes would be enough to scare me away from moving to Florida. The combination of a hurricane AND pendemic is particularly scary. I'm not living in fear of covid. More worried about global warming and hurricanes than pandemic in this situation. But tha...
by ScubaHogg
Tue May 19, 2020 4:50 am
Forum: Personal Finance (Not Investing)
Topic: Opinion on Relocating from IL to FL Central Gulf Coast Condo
Replies: 46
Views: 3309

Re: Opinion on Relocating from IL to FL Condo

One more endorsement for trying out for FL summer before committing. You might not mind, but if you do it’s long and toasty.

Are you leaving a big social network in IL? Will you all be lonely leaving all your friends behind?
by ScubaHogg
Mon May 18, 2020 4:05 pm
Forum: Investing - Theory, News & General
Topic: Social Security is an asset....yet again
Replies: 129
Views: 5707

Re: Social Security is an asset....yet again

I know that this has been debated a lot here, and I'm solidly in the camp of SS is NOT an asset, because it flunks every test for the attributes of asset....and passes every test to be considered an income stream. If it was an asset, you could sell it. But you cannot. It's an income stream. It’s pe...
by ScubaHogg
Mon May 18, 2020 11:51 am
Forum: Investing - Theory, News & General
Topic: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates
Replies: 79
Views: 7714

Re: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates

How many retirees would trade away ultra-low inflation for higher interest rates? This idea that people deserve interest for doing nothing but stashing cash in a liquid government-backed account is strange, really. Not the way I look at it. 1. I have resource others need - pay for it. 2. Way of mov...
by ScubaHogg
Mon May 18, 2020 2:27 am
Forum: Investing - Theory, News & General
Topic: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates
Replies: 79
Views: 7714

Re: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates

Conversely, savers just benefited from a 10 year bull market. Interest rates might be low, but if your portfolio gets big enough who cares. Savers benefitted from the 10-year bull market? How so? Savers got reamed. $10,000 invested in a 60/40 portfolio from 2009-April 2020 grew to $28,518. A 9.69% ...
by ScubaHogg
Sun May 17, 2020 7:09 pm
Forum: Investing - Theory, News & General
Topic: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates
Replies: 79
Views: 7714

Re: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates

7eight9 wrote:
Sun May 17, 2020 1:52 pm
ScubaHogg wrote:
Sun May 17, 2020 1:26 pm
Conversely, savers just benefited from a 10 year bull market. Interest rates might be low, but if your portfolio gets big enough who cares.
Gamblers speculators investors benefited from a 10 year bull market. Savers didn't.
Good point.
by ScubaHogg
Sun May 17, 2020 7:08 pm
Forum: Investing - Theory, News & General
Topic: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates
Replies: 79
Views: 7714

Re: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates

Conversely, savers just benefited from a 10 year bull market. Interest rates might be low, but if your portfolio gets big enough who cares. Savers benefitted from the 10-year bull market? How so? Savers got reamed. $10,000 invested in a 60/40 portfolio from 2009-April 2020 grew to $28,518. A 9.69% ...
by ScubaHogg
Sun May 17, 2020 1:42 pm
Forum: Investing - Theory, News & General
Topic: Appreciating the magnitude of Sequence of Returns immediately after retirement
Replies: 115
Views: 5876

Re: Appreciating the magnitude of Sequence of Returns immediately after retirement

SORR matters for accumulators too...especially near retirement. Kinda sucks to get close to retirement and then *poof* you're no longer at or near the 25x or 33x desired portfolio size. Your portfolio may take 5-10 years just to get back to where it was. Leveraged lifecycle investing is designed to...
by ScubaHogg
Sun May 17, 2020 1:26 pm
Forum: Investing - Theory, News & General
Topic: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates
Replies: 79
Views: 7714

Re: NYTs article:— New York Times article May 17, Dealing With the Dark Side of Low Interest Rates

Conversely, savers just benefited from a 10 year bull market. Interest rates might be low, but if your portfolio gets big enough who cares.
by ScubaHogg
Sat May 16, 2020 8:39 am
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15499

Re: Ben Felix - How to Retire Early (The 4% Rule)

The 'lean FIRE' crowd could get into trouble with budgeting though. If your annual budget is only $20k, you don't have much room to cut back. Conversely, in America it is pretty simple generally to get a job that pays $10-20K a year. A lean FIRE person (of which I’m not one) could easily earn upwar...
by ScubaHogg
Sat May 16, 2020 8:23 am
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10400

Re: Please tell me I'm not crazy

It’s only two more months worth of cash. Even if you could peer into the future and know you are right, which you can’t of course, I’d still bump up my cash to six months just to make my wife feel better about the entire set up.
by ScubaHogg
Fri May 15, 2020 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance- What to do at end of Term?
Replies: 37
Views: 2463

Re: Term Life Insurance- What to do at end of Term?

Wait until the children arrive and then buy life insurance. I’d radically recommend against this. Your wife (I’m assuming here based on your post) and child (definitely) will be very reliant upon your income and there is nothing in this world that says you are promised to live through the pregnancy...
by ScubaHogg
Fri May 15, 2020 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance- What to do at end of Term?
Replies: 37
Views: 2463

Re: Term Life Insurance- What to do at end of Term?

30 year term is also available. What some people do is create a “ladder” of policies because your family’s need for insurance is dropping as your portfolio grows and your kids are leaving the nest. For instance, you could purchase a 1M, 20 year policy and a 1M, 30 year policy. This gives you 2M of ...
by ScubaHogg
Fri May 15, 2020 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12084

Re: Selling home - low ball negotiation

Your broker should be able to recommend a counter offer strategy. What do they say? They, after all, are working for you, and you've hired them expressly for their expertise in selling a house Mike Agree, this is what you are paying your realtor for. The broker (notice I didn’t say “your broker”) i...
by ScubaHogg
Fri May 15, 2020 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12084

Re: Selling home - low ball negotiation

Your broker should be able to recommend a counter offer strategy. What do they say? They, after all, are working for you, and you've hired them expressly for their expertise in selling a house Mike Agree, this is what you are paying your realtor for. The broker (notice I didn’t say “your broker”) i...
by ScubaHogg
Thu May 14, 2020 6:39 pm
Forum: Personal Consumer Issues
Topic: Moving Furniture Yourself
Replies: 40
Views: 2932

Re: Moving Furniture Yourself

Minimum might be too much, but I’ve used this site several times.

https://www.uhaul.com/MovingHelp/
by ScubaHogg
Thu May 14, 2020 6:16 pm
Forum: Personal Consumer Issues
Topic: Password vault or generator?
Replies: 81
Views: 4314

Re: Password vault or generator?

I don't understand how such things can be secure. Can't someone bust into one website and get all your passwords? I favor leaving the passwords on scraps of paper in the bolted to the floor safe, very heavy. I have literally hundreds of website logins. How can you possibly manage that with a floor ...
by ScubaHogg
Thu May 14, 2020 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Mystery bill from dentist
Replies: 47
Views: 3176

Re: Mystery bill from dentist

Doctor Rhythm wrote:
Thu May 14, 2020 5:37 pm
General guideline: Don't attribute to malfeasance or malice what can easily be explained by incompetence.
Even sending the bill after five years is borderline malfeasance...at best
by ScubaHogg
Thu May 14, 2020 5:59 pm
Forum: Personal Investments
Topic: **AMAZED** Just venting
Replies: 16
Views: 2423

Re: **AMAZED** Just venting

Just think about where you are on a global level and feel gratitude. After a certain point money doesn’t buy (much) happiness.
by ScubaHogg
Thu May 14, 2020 5:57 pm
Forum: Personal Consumer Issues
Topic: Anyone booking flights for 2021 travel?
Replies: 45
Views: 3494

Re: Anyone booking flights for 2021 travel?

We have a trip planned and booked to the Caribbean for late November. We also purchased trip insurance. Go Dawgs! :sharebeer I'm still holding out hope to be in Sanford Stadium a couple times this fall. :D “If they try and cancel college football the SEC will have a vaccine by Friday” :D https://ww...
by ScubaHogg
Wed May 13, 2020 8:34 pm
Forum: Personal Consumer Issues
Topic: Is anyone on the road?
Replies: 35
Views: 4046

Re: Is anyone on the road?

We are considering a driving trip from Arizona to Washington State in mid-June. Things are "opening up" slowly in our area, and we would check conditions on our proposed route. Wondering if hotels are open and what experiences people are having "on the road again". Don't drive a car on a trip. You ...
by ScubaHogg
Wed May 13, 2020 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Mystery bill from dentist
Replies: 47
Views: 3176

Re: Mystery bill from dentist

A customer has a reasonable right to be billed in a timely manner. Especially for an industry (medicine) that makes transparent cost and billing effectively impossible, which prevents the customer from even knowing what they owe. A bill 5 years late is somewhere between grossly incompetent and uneth...
by ScubaHogg
Wed May 13, 2020 9:28 am
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15499

Re: Ben Felix - How to Retire Early (The 4% Rule)

What Ben forget to mention in his video, which was great by the way, is to keep your expenses low. If you go into retirement with monthly bills of $3,000.00 per month vs $5,000.00 per month you have a much better chance of being successful regardless of the withdrawal rate that you chose. Thanks fo...
by ScubaHogg
Wed May 13, 2020 6:53 am
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15499

Re: Ben Felix - How to Retire Early (The 4% Rule)

What Ben forget to mention in his video, which was great by the way, is to keep your expenses low. If you go into retirement with monthly bills of $3,000.00 per month vs $5,000.00 per month you have a much better chance of being successful regardless of the withdrawal rate that you chose. Thanks fo...
by ScubaHogg
Wed May 13, 2020 6:10 am
Forum: Personal Consumer Issues
Topic: New Laptop Recommendations
Replies: 49
Views: 3031

Re: New Laptop Recommendations

Sorry, some changes on the thread I've upped my budget to $1,000. Happy with 15.6" screen or lower, but nothing less than 13.3. Pixelbook then. Blazing fast. Battery lasts forever (hyperbole for our literally minded friends). Best laptop keyboard I’ve ever used. If you use a lot of dedicated progra...
by ScubaHogg
Tue May 12, 2020 11:21 pm
Forum: Personal Consumer Issues
Topic: New Laptop Recommendations
Replies: 49
Views: 3031

Re: New Laptop Recommendations

If you are happy with Excel 365 (or Google Sheets) and basically only do web browsing/media streaming otherwise, a Chromebook is probably a good choice.
by ScubaHogg
Sun May 10, 2020 1:22 pm
Forum: Personal Consumer Issues
Topic: Password vault or generator?
Replies: 81
Views: 4314

Re: Password vault or generator?

1Password is great.

https://1password.com/