Search found 697 matches

by Will do good
Thu Dec 13, 2018 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: [How much of an emergency fund do I need?]
Replies: 17
Views: 1019

Re: How badly will unemployment be during next recession?

Trying to figure out how much emergency savings I need for unemployment when the next recession hit. One year pay is recommenced. That never changes. +1, One year sounds safe, specially if your are older and more expensive to hire. I was layoff during 2008-2009 downturn, many of my friends too. I g...
by Will do good
Tue Dec 11, 2018 7:48 pm
Forum: Personal Consumer Issues
Topic: Donate to homeless?
Replies: 84
Views: 3936

Re: Donate to homeless?

One time I saw a nice late model car in front of me stop and pick up 2 "homeless" people at different street corners, I guess that how some homeless people goes to work. What a scam.
by Will do good
Tue Dec 11, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: "The 10 Worst Places To Get Investing Advice"
Replies: 59
Views: 7151

Re: "The 10 Worst Places To Get Investing Advice"

In the late 1990's reading Money magazine and Kipplingers lead me to purchase the hottest funds--Janus Funds. Anyone remember the Janus Mercury and Olympus funds? They faded into extinction after the Tech Wreck. That experience cured me of chasing hot funds recommended in print form or otherwise. :...
by Will do good
Tue Dec 11, 2018 9:37 am
Forum: Personal Consumer Issues
Topic: [Anyone drop cable for YouTube TV?]
Replies: 72
Views: 4085

Re: [Anyone drop cable for YouTube TV?]

We dropped Comcast and for YTV we saved about $90+/month. We also share our YTV with 5 other family members so they save money too. DW does missed a channel or two, but she's fine since the saving is so much better.
by Will do good
Sat Dec 08, 2018 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 8718

Re: How did YOU choose your career?

I wasn't the typical BH student growing up, I wasn't good with math, science or english. We grew up poor, during HS junior year I needed a job and join the school work study co-op, we go to school half day and work the afternoon in a "trade". I found a catalog photo studio needing a photo assistant....
by Will do good
Fri Dec 07, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 145
Views: 12600

Re: Who else is getting excited?

The Dow closed on Dec. 29, 2017 @ 24,719.22 , so how much did most people really lose this year? So much drama :wink: Invest your money at 26,500 - you tell us how much we are down. How often do people invested their whole portfolio at any one time? specially near the market high and after a 8 year...
by Will do good
Thu Dec 06, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 145
Views: 12600

Re: Who else is getting excited?

The Dow closed on Dec. 29, 2017 @ 24,719.22, so how much did most people really lose this year?
So much drama :wink:
by Will do good
Fri Nov 30, 2018 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: I'm so CHEAP! Don't think it is healthy.
Replies: 36
Views: 6847

Re: I'm so CHEAP! Don't think it is healthy.

Don't go super cheap to save, it's not healthy for you and your partner.
Consider LBYM is step one to FI, step two is up your income.
My mega corp job/income was good, but my freelance work was the bonus that got us to FI much earlier and easier.
by Will do good
Fri Nov 30, 2018 9:52 am
Forum: Personal Consumer Issues
Topic: Remodeling - tipping?
Replies: 56
Views: 2751

Re: Remodeling - tipping?

Why do Americans feel they have to tip everyone for everything, what do we feel guilty of? Most trades people makes a good income. When we did our 2 remodeling, we offered cold soda & water and lunch once in a while. Offering water or a beverage is something I always have done. That's being courteo...
by Will do good
Thu Nov 29, 2018 5:49 pm
Forum: Personal Consumer Issues
Topic: Remodeling - tipping?
Replies: 56
Views: 2751

Re: Remodeling - tipping?

Shallowpockets wrote:
Thu Nov 29, 2018 3:15 pm
Tipping. Some kind of guilt trip. Out of hand, even with servers.

That said, OP, the standard is 15-20% so get a check ready based on your 100k remodel. Anything less than that, come on, don't be cheap.
+1, 20% tip is the American norm after all :oops:
by Will do good
Thu Nov 29, 2018 5:45 pm
Forum: Personal Consumer Issues
Topic: Remodeling - tipping?
Replies: 56
Views: 2751

Re: Remodeling - tipping?

Why do Americans feel they have to tip everyone for everything, what do we feel guilty of?
Most trades people makes a good income.
When we did our 2 remodeling, we offered cold soda & water and lunch once in a while.
by Will do good
Sun Nov 18, 2018 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Current Retirees: Do you touch your principal?
Replies: 79
Views: 8241

Re: Current Retirees: Do you touch your principal?

Doesn't it all depends on how much you have saved and what your expenses are?

So far after 2 years of early retirement we have not touch our principal.
by Will do good
Sat Nov 17, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: Warm winter vacation
Replies: 25
Views: 2238

Re: Warm winter vacation

We normally go the Southern Cali, but with the wild fires we will most likely go to Texas this winter. Great food choices and everything is much cheaper than Cali.
by Will do good
Sat Nov 17, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Update Re: Hubby soon to be laid off
Replies: 26
Views: 4906

Re: Update Re: Hubby soon to be laid off

Glad to hear the good news, maybe this will give hope to others in similar situation.
Happy Thanksgiving.
by Will do good
Wed Nov 14, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 7223

Re: Are you all staying the course?

This is nothin', wait until it drops 30-50% than let's see who is staying put :twisted:
by Will do good
Tue Nov 13, 2018 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 222
Views: 29271

Re: Habits of the Rich

As an early career millennial who joined the labor market shortly before 2008, and who has a long family oral tradition of being imprisioned, persecuted, and expropriated under Communism.. I live by the following (in no particular order): Live within your means. Pay yourself first. Put aside money ...
by Will do good
Mon Nov 12, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: 20th Anniversary vacation ideas wanted
Replies: 29
Views: 1912

Re: 20th Anniversary vacation ideas wanted

Take a cruise, it's really relaxing, super reasonable from the LA area with last minute discounts.
No flights!
by Will do good
Mon Nov 12, 2018 7:57 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 111
Views: 9962

Re: Granddaughter needs $ help for university

Can you afford the amount if she doesn't pay up?

What is she studying, hopefully something that can get a job.

If it was me and I can afford it, I would, it's their future.
by Will do good
Sat Nov 10, 2018 2:43 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 301
Views: 45912

Re: Whats your number to walk away?

I didn't had one in mind, I just thought I didn't have enough, so I keep working.
I work on my own business until it was no longer interesting and even little painful.
When I retired early couple of years ago I discovered we had way more than 25x our expense. :beer
by Will do good
Fri Nov 09, 2018 2:07 pm
Forum: Personal Consumer Issues
Topic: Should I reject Google drive for privacy/tracking?
Replies: 38
Views: 3107

Re: Should I reject Google drive for privacy/tracking?

Scary stuff here. I wasn't aware that Google was scanning and storing all that data. I use a personal Network Attached Station (NAS) to store all my pictures and data on my home network. It has two hard drives that mirror so if one goes bad I can replace it, but you can never have enough backups. ;...
by Will do good
Fri Nov 09, 2018 10:20 am
Forum: Personal Consumer Issues
Topic: Point and shoot camera
Replies: 130
Views: 6183

Re: Point and shoot camera

Most point and shoot is good enough. My buddy shoots the commercials for McDonald's and Coke, when we travel he shoot with the high end DSLR and his toy Helga camera, the Helga was pretty amazing. The point is the photographer makes more of the different than just the camera. Enjoy your trip.
by Will do good
Thu Nov 08, 2018 6:36 pm
Forum: Investing - Theory, News & General
Topic: Rich, Broke or Dead: Visualizing probabilities of outcomes in early retirement
Replies: 136
Views: 18048

Re: Rich, Broke or Dead: Visualizing probabilities of outcomes in early retirement

I have yet to hear a logical argument for the validity of using historical data, much of it from 20th century America, to predict a specific 30-year retirement period in the future. People like me believe “the 4% rule” might actually work out well...or it might not. The biggest problem with the “th...
by Will do good
Wed Nov 07, 2018 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: How much money did you receive from family? (Gifts/inheritance)
Replies: 46
Views: 4483

Re: How much money did you receive from family? (Gifts/inheritance)

$0

I help with minor expense for both of my parents. I rather be able to give than receive.
by Will do good
Thu Nov 01, 2018 6:28 pm
Forum: Personal Consumer Issues
Topic: How many of you have cut the cord?
Replies: 244
Views: 28363

Re: How many of you have cut the cord?

is there a service yet that you can pay a low monthly or on demand fee to stream sports events on national networks, espn, and local networks in full HD? If I can do this Im cancelling my cable without hesitation. We cut Comcast, was $180/month. Now pays 1TB data 100ms/speed about $50? Youtube TV a...
by Will do good
Wed Oct 17, 2018 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Did you retire because you hit your number?
Replies: 71
Views: 6639

Re: Did you retire because you hit your number?

Yes and no...I hit my number years earlier, but I love my job and like making money.
Than I realized life is short I want to live a little and more money can't buy me more time.
by Will do good
Wed Sep 19, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: “Majority of working-age Americans have no retirement savings”
Replies: 73
Views: 4232

Re: “Majority of working-age Americans have no retirement savings”

It's often interesting to look behind the curtain at the organizations publishing such information. A quick glance at the National Institute on Retirement Security shows they are a Washington D.C. lobbying group funded mostly by state government retirement systems. I would view their published stud...
by Will do good
Wed Sep 12, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: The Atlantic: 'Why is College In America So Expensive?'
Replies: 27
Views: 2726

Re: The Atlantic: 'Why is College In America So Expensive?'

I was hoping that the author would have spoken to the fact that students can secure unlimited amounts of loan money, that they are not able to discharge in bankruptcy. So colleges can keep raising their tuitions higher than the rate of inflation and be assured that the federal government will make ...
by Will do good
Mon Sep 10, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Options/Suggestions.
Replies: 99
Views: 10464

Re: Side Hustle Options/Suggestions.

I would think sticking to your profession skill set (CPA/tax etc) would make you more income than going to a side hustle that anyone can jump in with not much barrier. Yes it may take you some time to get those first few clients but in my opinion it's worth it. I freelanced throughout my entire care...
by Will do good
Sun Sep 09, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else playing catch-up in their 40's?
Replies: 68
Views: 7461

Re: Anyone else playing catch-up in their 40's?

Yes, here are steps we've taken (to maximize saving): Get rid of Amazon prime. Too easy to spend money on crap you don't need. Get rid of cable. Use only a work mobile phone (if provided). Get rid of land line phone. Stop eating out. Learn to cook. If you eat out, find a reasonable place to eat out...
by Will do good
Sat Sep 08, 2018 4:28 pm
Forum: Personal Consumer Issues
Topic: Can Sneakers go with Business Casual?
Replies: 172
Views: 8809

Re: Can Sneakers go with Business Casual?

Sure, if you are in the creative field like I was (ad agency creative director, than agency owner).
How old are you and what kind of business are you in that you think you can be so casual?
by Will do good
Sat Sep 08, 2018 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Scaring the Old Folks
Replies: 71
Views: 8387

Re: Scaring the Old Folks

Sitting home and watching fox news is pretty darn cheap:) So is not buying any new clothes:) Obviously my biggest savings from retiring is no longer saving 25-40% of my income. The huge tax decrease (i.e. no SS, LTGC with cost basis) is going to be around another 20% savings. Thats a lot of golf, t...
by Will do good
Fri Sep 07, 2018 1:33 pm
Forum: Personal Consumer Issues
Topic: Car Shopping, Seem to lose my Boglehead way each time help!!
Replies: 37
Views: 3044

Re: Car Shopping, Seem to lose my Boglehead way each time help!!

OP- What's your income, savings rate and Networth?
Maybe you can easily afford it or not.
by Will do good
Thu Sep 06, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: returns for the next decade
Replies: 40
Views: 4320

Re: returns for the next decade

Thegame14 wrote:
Thu Sep 06, 2018 4:20 pm
IT will be EXACTLY 4.72%
No, it will be 4.71%
by Will do good
Mon Sep 03, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: If the market is so hard to beat, why did a rapper beat it by 40%?
Replies: 61
Views: 3724

Re: If the market is so hard to beat, why did a rapper beat it by 40%?

Had Kanye beated the market the last 20 years, every year? What is his average return during those 20 years? I brought bunch of Apple stocks before Steve Jobs retuned to Apple (1997), my returns since are crazy. But don't ask me about my other not so lucky picks. My point is we all get lucky once in...
by Will do good
Sat Sep 01, 2018 5:36 pm
Forum: Personal Consumer Issues
Topic: Lexus vs. Mercedes
Replies: 86
Views: 6682

Re: Lexus vs. Mercedes

When it comes to reliability, people's perceptions tend to not change as reality changes - in this case, BMW has been rated higher than Mercedes in reliability pretty consistently the last several years. In fact, both Consumer Reports and JD Power have BMW rated higher than Honda for reliability. h...
by Will do good
Wed Aug 29, 2018 7:04 pm
Forum: Personal Consumer Issues
Topic: Bone in my food
Replies: 107
Views: 4323

Re: Bone in my food

What's the big deal? Don't let little things upset you.
by Will do good
Mon Aug 27, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: 2000-2018 retirement - sequence of returns
Replies: 153
Views: 14044

Re: 2000-2018 retirement - sequence of returns

Thank you HomerJ for these charts and discussion. I feel good with my 60/40 portfolio.
by Will do good
Fri Aug 24, 2018 12:11 pm
Forum: Personal Consumer Issues
Topic: Best way to get Skype or Facetime on a TV?
Replies: 16
Views: 1157

Re: Best way to get Skype or Facetime on a TV?

We have an Apple TV, and mirror the phone, iPad, or Mac on to the TV. Super easy to do, and the kids love it. We also have a camera that sites on top of the TV. FaceTime makes it all very easy, but you have to have a bunch of Mac products. I don’t have an Apple TV (I use FireTV), but would consider...
by Will do good
Fri Aug 24, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: Best way to get Skype or Facetime on a TV?
Replies: 16
Views: 1157

Re: Best way to get Skype or Facetime on a TV?

We have an Apple TV, and mirror the phone, iPad, or Mac on to the TV. Super easy to do, and the kids love it. We also have a camera that sites on top of the TV. FaceTime makes it all very easy, but you have to have a bunch of Mac products. I don’t have an Apple TV (I use FireTV), but would consider...
by Will do good
Sun Aug 12, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Comfortably Retired and charity giving?
Replies: 25
Views: 2198

Re: Comfortably Retired and charity giving?

However, I plan on buying my way into the promise land on my last trick by donating 100% of my estate to charity. What do others do? I just checked with god. He told me it does not work that way. However, I plan on buying my way into the promise land on my last trick by donating 100% of my estate t...
by Will do good
Fri Aug 10, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 752
Views: 221096

Re: Share your net worth progression

Coming from a low income-low expense country, I need only about USD 220K to retire. Here is how my NW has moved: All amounts as on 31st Dec, in USD at current exchange rate (Aug 2018): 2013: 6K (age 27, fresh out of post-grad) 2014: 16K (age 28) 2015: 23K (age 29) 2016: 32K (age 30) 2017: 40K (age ...
by Will do good
Wed Aug 08, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 16247

Re: Will you pay for your kids' college/graduate education?

Yes, completely. We are lucky we can paid for all three. Even if we have to move to a smaller home, take on a second jobs we would have been happy to do it. What's the point of having children if you don't give them every opportunity to be independent and successful? We wouldn't be happy to eat out ...
by Will do good
Thu Jul 26, 2018 8:51 pm
Forum: Personal Consumer Issues
Topic: Millions of LifeLock email addresses may have been exposed
Replies: 17
Views: 1758

Re: Millions of LifeLock email addresses may have been exposed

Why does anyone trust this company???? 2010- Thieves Steal LifeLock CEO's ID 13 Times http://marketingshmarketing.net/post/130466094301/lifelock-marketing-fail-ceo-get-hacked-13-times 2015- LifeLock was fined by the FTC for $100 million https://www.cbsnews.com/news/ftc-hits-lifelock-again-with-100-m...
by Will do good
Mon Jul 16, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: Bears!!!
Replies: 60
Views: 5583

Re: Bears!!!

Do you have a extra freezer in the house? My DW keeps fish/meats and bones frozen in the freezer (in smaller bag) until the day of garbage pick up. This way our garbage doesn't smell and the raccoons don't come around anymore. Edit: btenny is correct, you don't need an extra freezer. DW use 2-3 Gal ...
by Will do good
Sun Jul 15, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: FireCalc: How big a grain of salt?
Replies: 58
Views: 5307

Re: FireCalc: How big a grain of salt?

OMY and you will be fine, if still fearful than another OMY. OMY. OMY. OMY. OMY.

To be honest, if BH could be in trouble by not having enough, imagine what the rest of the country/world would be like. YOLO :sharebeer
by Will do good
Sun Jul 15, 2018 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone not have a Budget?
Replies: 115
Views: 7859

Re: Anyone not have a Budget?

Never had a budget, we always spend much less than we earn. We were lucky.
by Will do good
Sun Jul 15, 2018 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 46
Views: 4196

Re: How often do you buy a primary residence?

Would you keep moving after having kids? Will their school change for the better after each move?
Is your children's friends and friendships important?