Search found 850 matches

by Will do good
Mon Sep 16, 2019 8:36 am
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 8740

Re: Do You Tip At Counter Service Restaurants?

Shouldn't businesses pay their workers more to minimize this sort of tipping? They do, it's the law. But there is no law against trying to fool the public just a wee bit. If I go out for a restaurant meal, whether a fancy place or the local greasy spoon, I know as a fact that the waiter or waitress...
by Will do good
Sun Sep 15, 2019 5:40 pm
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 8740

Re: Do You Tip At Counter Service Restaurants?

No, I don't like it how they try to make 20%-25% is the new norm and make me feel guilty about not tipping enough.
by Will do good
Fri Sep 13, 2019 6:32 pm
Forum: Investing - Theory, News & General
Topic: Dear VictoriaF
Replies: 25
Views: 8257

Re: Dear VictoriaF

GoldenFinch wrote:
Fri Sep 13, 2019 6:28 pm
Finridge wrote:
Fri Sep 13, 2019 6:01 pm
I see that VictoriaF stopped posting in early June. I hope everything is OK with her. I really enjoyed her posts and book recommendations.
I think she goes away and does interesting stuff and then comes back here in between adventures.
+1, she's amazing lady, funny to talk to too.
by Will do good
Tue Sep 10, 2019 8:59 pm
Forum: Personal Consumer Issues
Topic: Wedding/Engagement Ring Insurance
Replies: 64
Views: 3822

Re: Wedding/Engagement Ring Insurance

Wife has around a $15k ring. We bought insurance, pretty inexpensively. She cracked the center diamond, valued at over $10k from the crown straight to the bottom. Had to pay a deductible of $1k, got it replaced with a less expensive diamond, pocketed the difference. Diamonds are a sham, but if you ...
by Will do good
Sun Sep 08, 2019 2:37 pm
Forum: Investing - Theory, News & General
Topic: Wade Pfau: Does The 4% Rule Work In Today’s Markets?
Replies: 149
Views: 11484

Re: Wade Pfau: Does The 4% Rule Work In Today’s Markets?

Not sure I buy into "This time is different". I wonder how many experts would have predicted this years bond index would pass 8-9%?
I use 4%as a guide and adjust as needed, as long as you are not super tight with 4% SWR most would be fine.
by Will do good
Sun Sep 01, 2019 1:52 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4017
Views: 1149597

Re: What Book Are You Currently Reading? Part VI

Tune In: The Beatles: All These Years
Vol. 1

The book stretch from 1945 through 1962 in 804 pages. There's so much I didn't know about these boys, what a fun read.

I think Vol. 2 in 2020 and Vol.3 in 2028
by Will do good
Thu Aug 29, 2019 5:45 pm
Forum: Personal Investments
Topic: Warren buffet sits on cash
Replies: 44
Views: 5287

Re: Warren buffet sits on cash

Buffet is investing wrong, he shouldn't time the market.



/s
by Will do good
Mon Aug 19, 2019 1:54 pm
Forum: Personal Consumer Issues
Topic: Anyonw driving Uber for fun and pocket money in retirement?
Replies: 111
Views: 11009

Re: Anyonw driving Uber for fun and pocket money in retirement?

I think this would be worse than simply volunteering somewhere if you have too much free time. You make around minimum wage +/-, I believe. Work an extra 6 months at your current job, let investments/pension compound - there's your pocket money for retirement. Uber/Lyft driving seems horrible to me...
by Will do good
Mon Aug 19, 2019 1:53 pm
Forum: Personal Consumer Issues
Topic: Anyonw driving Uber for fun and pocket money in retirement?
Replies: 111
Views: 11009

Re: Anyonw driving Uber for fun and pocket money in retirement?

Not interested in working for min. wage for pocket change, I was lucky enough to earn a good income and always LBOM.
For me retirement means travel and chill.
by Will do good
Thu Aug 08, 2019 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Do you pay for kids college if a non-STEM major?
Replies: 62
Views: 2791

Re: Do you pay for kids college if a non-STEM major?

Yes, we did.
Our DD was a graphic design major, today she's a tech consultant designs interface for T-Mobile, HP, Southwest Airlines and others.
by Will do good
Sat Aug 03, 2019 9:57 am
Forum: Personal Consumer Issues
Topic: Older used car with low miles or newer used car with higher miles
Replies: 37
Views: 2318

Re: Older used car with low miles or newer used car with higher miles

David Jay wrote:
Fri Aug 02, 2019 8:02 am
I love 3 year old cars with 100,000 miles. This can only be accomplished by driving a lot of highway miles. And they almost give them away.
Good insight, didn't think of that.
by Will do good
Fri Aug 02, 2019 3:02 pm
Forum: Personal Consumer Issues
Topic: Extreme Anxiety with Time/Money
Replies: 95
Views: 8371

Re: Extreme Anxiety with Time/Money

I think if you're an anxious type of person, outsourcing can mean that you just worry about another layer of things. It's possible you're talking about a kind of anxiety you'd benefit from talking to a doctor about, but maybe we can get at it from the money side here. What do your annual expenses a...
by Will do good
Wed Jul 31, 2019 7:16 pm
Forum: Personal Investments
Topic: Retire with Less Than $1 million?
Replies: 101
Views: 21272

Re: Retire with Less Than $1 million?

Some people grow up in different environments and seem to miss out on understanding how others have to live. I was lucky, my father was an engineer in the steel industry, fortunately for him the industry survived just long enough for him to retire, and he was a good saver. Looking back we (2 kids, ...
by Will do good
Sun Jul 28, 2019 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: How much to save?
Replies: 53
Views: 4830

Re: How much to save?

1/3 to taxes 1/3 to expenses 1/3 to savings This will overachieve for most goals. Which is a goal that will likely take some time to achieve. I didn't start out that way, and most people can't. Taxes and savings were lower but expenses were much higher. Ratchet down over time and you will find your...
by Will do good
Thu Jul 25, 2019 9:40 pm
Forum: Personal Consumer Issues
Topic: How much to tip at wedding
Replies: 24
Views: 2795

Re: How much to tip at wedding

I don't understand why Americans feel like we have to tip everyone. Wait staffs gets tips because they are under pay, but is everyone in the service industry being under paid too?
by Will do good
Tue Jul 23, 2019 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Would you have your teen attend a meeting with your CFP?
Replies: 33
Views: 1696

Re: Would you have your teen attend a meeting with your CFP?

How old is the teen son, 13 or 19? it makes a big difference for their understanding or caring.

We don't share our finance with our young adult kids, we want them to earn and grow on their own with thinking mom and dad have lots of money and it could be ours one day.
by Will do good
Fri Jul 19, 2019 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 93
Views: 8505

Re: Harrassed at work, what steps to take to protect her future employment

She’s feeling the stress as they've given her an increasing amount of work where’s she been at the office till 8 or 9 pm finishing up her projects yet they her tell it is not enough. Are you sure about this? In my decades at Megacorp, I personally observed that near 100% of the reports of people wo...
by Will do good
Fri Jul 19, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 93
Views: 8505

Re: Harrassed at work, what steps to take to protect her future employment

She’s feeling the stress as they've given her an increasing amount of work where’s she been at the office till 8 or 9 pm finishing up her projects yet they her tell it is not enough. Are you sure about this? In my decades at Megacorp, I personally observed that near 100% of the reports of people wo...
by Will do good
Thu Jul 18, 2019 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 93
Views: 8505

Re: Harrassed at work, what steps to take to protect her future employment

3. She wants to work, it's the new manager making unreasonable demands/work load Does she have any allies with power at the company that she can talk to about this? Not a generic HR business partner but somebody she has a close relationship with. If she is an at will employee then the reasonablenes...
by Will do good
Thu Jul 18, 2019 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 93
Views: 8505

Re: Harrassed at work, what steps to take to protect her future employment

Or it could simply be: 1) old person 2) didn't save enough to retire 3) doesn't want to work forever 4) angling for a lawsuit Occam's razor 1. Yes, she is 2. Don't know, don't want to guess 3. She wants to work, it's the new manager making unreasonable demands/work load 4. She never mentioned lawsu...
by Will do good
Thu Jul 18, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 93
Views: 8505

Re: Harrassed at work, what steps to take to protect her future employment

Has there been a recent change of manager or company ownership? Have any conversations mentioned a protected characteristic? If so, is there documentation? Nothing you mentioned would seem to rise to a legal issue by itself. Absent a smoking gun here, I would prepare to switch jobs. It is easier to...
by Will do good
Thu Jul 18, 2019 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 93
Views: 8505

Harrassed at work, what steps to take to protect her future employment

I have a 64 year old friend living in San Diego who’s been at the same company for 30+ years. Recently there have been actions taken that seem to indicate they want to force her to quit. They gave her a bad review for the first time. She’s feeling the stress as they've given her an increasing amount...
by Will do good
Wed Jul 10, 2019 5:43 pm
Forum: Personal Consumer Issues
Topic: Retirees, did your level of luxury increase faster than you anticipated?
Replies: 47
Views: 5184

Re: Retirees, did your level of luxury increase faster than you anticipated?

No, ours move up a little, much less than what we can afford. It's hard to change our spending habits after decades of LBYM.
by Will do good
Tue Jul 09, 2019 8:55 am
Forum: Personal Consumer Issues
Topic: Survived the First Week [of retirement, what's next?]
Replies: 70
Views: 8724

Re: Survived the First Week [of retirement, what's next?]

Life is short, if you enjoy work, work.
For me I rather not work to take care of my body, relax and travel. Because life is short.
by Will do good
Wed Jun 19, 2019 11:26 pm
Forum: US Chapters
Topic: Randomly Met Another Boglehead In Person
Replies: 7
Views: 1965

Re: Randomly Met Another Boglehead In Person

No. But couple of coworkers/friends are.
by Will do good
Sun Jun 16, 2019 2:36 pm
Forum: Personal Consumer Issues
Topic: Best way to teach my 4 year old to be fluent in Spanish?
Replies: 53
Views: 3664

Re: Best way to teach my 4 year old to be fluent in Spanish?

Have you consider Chinese instead? In our school district less Spanish classes and more Chinese classes.
by Will do good
Fri Jun 14, 2019 6:26 pm
Forum: Investing - Theory, News & General
Topic: How have your homes as investments done?
Replies: 212
Views: 23048

Re: How have your homes as investments done?

Brought my house 29 years ago for $235K, remodel $100k, added on $90k.

Today house is worth approx $525K. A tiny gain of $100K after 29 years. Consider inflation, taxes, annual repairs, it's not good.

But my kids did growth up in a nice home and went to one of the best public schools in the country.
by Will do good
Tue Jun 11, 2019 8:34 pm
Forum: Personal Consumer Issues
Topic: Preventing Identity Theft
Replies: 46
Views: 4053

Re: Preventing Identity Theft

Does anyone use LifeLock? I don't. I vaguely remember hearing that it was next to useless but really know nothing about it. I got an advertisement for it in the mail today and it made me wonder about it then I saw this active thread so I figured I'd ask. Don't use Lifelock. "LifeLock will pay $100 ...
by Will do good
Tue Jun 04, 2019 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Tell us your side hustle success stories.
Replies: 68
Views: 7294

Re: Tell us your side hustle success stories.

I was a ad agency creative for Fortune 500 clients, did freelance work for local/smaller clients for 20+ years. It bring in additional 20-30% income. When I was layoff after 25 years at the agency, I was able to use my skills and connections from running my freelance business to launched a full tim...
by Will do good
Tue Jun 04, 2019 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Tell us your side hustle success stories.
Replies: 68
Views: 7294

Re: Tell us your side hustle success stories.

I was a ad agency creative for Fortune 500 clients, did freelance work for local/smaller clients for 20+ years. It bring in additional 20-30% income. When I was layoff after 25 years at the agency, I was able to use my skills and connections from running my freelance business to launched a full time...
by Will do good
Sat Jun 01, 2019 6:42 pm
Forum: Personal Consumer Issues
Topic: UPDATE to What to do with a 24" analog CRT TV?
Replies: 58
Views: 3574

Re: What to do with a 24" analog CRT TV?

Broken Man 1999 wrote:
Fri May 31, 2019 5:51 pm
DanMahowny wrote:
Fri May 31, 2019 5:46 pm
It should fit in your trash can.
Wouldn't work in our little 'burb, the crew would leave it.

Broken Man 1999
Same here, we have to take it to their recycle center few miles away.
by Will do good
Thu May 30, 2019 5:43 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13609

Re: 2% withdrawal rate

skime wrote:
Wed May 29, 2019 3:18 pm
I'm of the opinion that a 2% withdrawal rate or less is the only prudent way to draw on one's portfolio for retirement before the age of 50.

Does anyone disagree with this opinion? If so, why?
I disagree, you are playing too fast and loose, I'm going for 1%WR.











/s
by Will do good
Wed May 29, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to pay for our kid's college (at all)?
Replies: 234
Views: 15662

Re: Can we afford to pay for our kid's college (at all)?

Let me be clear, I think my parents are insane for these choices and I'm fully prepared to give them my last dollar if they need it at some point in their lives. I don't necessarily think parents are obligated to make sacrifices to that extreme. But you don't get to drive a Porsche and live in a ma...
by Will do good
Sun May 26, 2019 10:07 pm
Forum: Personal Consumer Issues
Topic: Are you on Facebook?
Replies: 179
Views: 17770

Re: Are you on Facebook?

No, I don’t trust FB as a company, they had lied many time about how they sell and managed their data.
by Will do good
Sat May 25, 2019 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Sending money to India.
Replies: 22
Views: 1840

Re: Sending money to India.

Good morning , I apologize if this has been asked before . I need to send about 15 k ( the limit for gift tax ) to my parents in India . What is the best way to do this ? If anyone on this forum has specific experience with this , would they mind sending me a private message ? Thanks a lot. Used xo...
by Will do good
Fri May 24, 2019 6:07 pm
Forum: Personal Consumer Issues
Topic: Keeping old negatives from photos (why keep them?)
Replies: 26
Views: 2307

Re: Keeping old negatives from photos (why keep them?)

* how best to store digital photos in a format that will remain accessible (both which type of format (jpg, tif, etc) and what media (do you still have a CD drive?) After much thought, I have opted to "store" my digital photos by using online websites to print out photo albums of various lines of m...
by Will do good
Fri May 24, 2019 5:48 pm
Forum: Personal Consumer Issues
Topic: How Do You Organize Your Flash Drives?
Replies: 39
Views: 2848

Re: How Do You Organize Your Flash Drives?

If you are on a Mac you can use little snitch to control and monitor your web traffic so hacker can't log your key strokes and have the info send back to them without you knowing it. Also the new Macs have a build in T2 security chip that can help your concerns.
by Will do good
Fri May 24, 2019 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Sending money to India.
Replies: 22
Views: 1840

Re: Sending money to India.

Good morning , I apologize if this has been asked before . I need to send about 15 k ( the limit for gift tax ) to my parents in India . What is the best way to do this ? If anyone on this forum has specific experience with this , would they mind sending me a private message ? Thanks a lot. Used xo...
by Will do good
Fri May 24, 2019 10:18 am
Forum: Personal Consumer Issues
Topic: Keeping old negatives from photos (why keep them?)
Replies: 26
Views: 2307

Re: Keeping old negatives from photos (why keep them?)

My family negatives from the 50's, 60's, 70's, 80's are like gold to me, those memories and histories worth as much as anything else I own. I had pay outside service* as well as scanned some of them myself t o archive for my family future generations . This scanning/archive is a on going process in...
by Will do good
Fri May 24, 2019 9:18 am
Forum: Personal Consumer Issues
Topic: Keeping old negatives from photos (why keep them?)
Replies: 26
Views: 2307

Re: Keeping old negatives from photos (why keep them?)

Old photos (specially color photos) will fade from non-archive paper and chemicals, think of color photos from the 60's & 70's and see how they are already changing, they won't last much longer. My family negatives from the 50's, 60's, 70's, 80's are like gold to me, those memories and histories wor...
by Will do good
Tue May 21, 2019 11:40 pm
Forum: Personal Investments
Topic: $400,000 gift to stepdaughter
Replies: 76
Views: 9116

Re: $400,000 gift to stepdaughter

A few points. I'll try to be brief. 1 - I'm sorry for your loss, OP. 2 - You are doing a very kind thing, sir. Much respect. 3 - The idea that 15k per year is basically nothing... I mean... WTH? I love this site, but I do think there is an income bias here. I can tell you that for the vast majority...
by Will do good
Mon May 20, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Should I encourage my kids to work in high school/college?
Replies: 224
Views: 14244

Re: Should I encourage my kids to work in high school/college?

High school: Yes, teach them the value of money and to manage their time.

College: If Engineering or pre-med maybe no, but for others see #1 (hopefully some job in the career field or research assistant.)
by Will do good
Sun May 19, 2019 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: What can a $120K spending budget do in early retirement years?
Replies: 23
Views: 4507

Re: What can a $120K spending budget do in early retirement years?

Wouldn't your health care cost come down after your Medicare starts at 65?
by Will do good
Wed May 15, 2019 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Concerned about getting laid off
Replies: 47
Views: 4968

Re: Concerned about getting laid off

A story. As an aside: In my earlier working years, I decided to take the stress of worrying about being laid off (or fired) out of my life. Instead of empowering a company or personnel department to decide whether I had a paycheck, I empowered myself. How? By starting my own company (s). I figured ...
by Will do good
Wed May 15, 2019 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Do you reward yourself for achieving a financial goal?
Replies: 107
Views: 7124

Re: Do you reward yourself for achieving a financial goal?

At the time I didn't realize I have achieved our goal, even if I did I wouldn't.
My goal is for our family benefit, I don't feel like rewarding my self was needed.

However, today we retired early and travel all over the world, maybe that's our reward :sharebeer
by Will do good
Mon May 13, 2019 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Careers in art
Replies: 91
Views: 5009

Re: Careers in art

I majored in graphic design, ended up at a top international ad agency. Later started my own studio and made more money than I ever expected, retired early. DD also majored in graphic design, now a senior tech interface design consultant helping Fortune 500 clients in the U.S as well as overseas and...
by Will do good
Tue May 07, 2019 4:42 pm
Forum: Personal Consumer Issues
Topic: wedding gift value
Replies: 80
Views: 4838

Re: wedding gift value

The average US wedding costs about $35k. So, $180 a person in cost, inclusive of venue, decorations, preparations, and so on, sounds like it is in this range and perhaps even lower than average. The average US wedding almost certainly does NOT cost $35K. Figures like that come, IIUC, from surveys f...