Search found 1407 matches

by ClevrChico
Sun May 19, 2019 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Churning Credit Cards
Replies: 57
Views: 4358

Re: Churning Credit Cards

It's an easy way to make a couple thousand year, mostly tax free, for a few hours worth of work. There's still lots of opportunities.

I put estimated taxes on the card to generate spend. The fee is low enough to make it worthwhile.
by ClevrChico
Sat May 18, 2019 12:34 am
Forum: Personal Consumer Issues
Topic: Instant Coffee?
Replies: 67
Views: 3913

Re: Instant Coffee?

Nescafe Clasico! Pretty good.
by ClevrChico
Fri May 17, 2019 11:21 pm
Forum: Personal Consumer Issues
Topic: Why do plumbers get paid so well?
Replies: 84
Views: 6126

Re: Why do plumbers get paid so well?

You can hear it from the source:

https://youtu.be/MIVEeo8XRw0
by ClevrChico
Fri May 17, 2019 9:14 pm
Forum: Personal Consumer Issues
Topic: Why do plumbers get paid so well?
Replies: 84
Views: 6126

Re: Why do plumbers get paid so well?

According to the BLS, plumbers are not getting paid well: 2018 Median Pay $53,910 per year $25.92 per hour You're also paying for the time that they aren't working on a project. +1 And I would guess a hard working owner/operator would probably net $80k - $100k after expenses. The high hourly rates ...
by ClevrChico
Sun May 12, 2019 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Move out or stay at my parents?
Replies: 70
Views: 4744

Re: Move out or stay at my parents?

Myself and my stuff was booted out the month I graduated college. I was told anything left behind would be thrown away. Looking back, it was very good for personal growth. Financially, it dinged my lifetime net worth 10%, due to renting from college > marriage. I don't think that's too bad for sanity.
by ClevrChico
Sun May 12, 2019 8:17 pm
Forum: Personal Consumer Issues
Topic: Dale Carnegie training
Replies: 23
Views: 2507

Re: Dale Carnegie training

I haven't taken the class but I have read the book. Carnegie helped me realize how off-putting my manner can be. Additionally, his teachings on persuasion have directly helped me in business, mostly be learning how to get buy-in from disparate people across a big, slow bureaucracy in order to push ...
by ClevrChico
Sat May 11, 2019 10:42 pm
Forum: Personal Consumer Issues
Topic: Best way to kill poison ivy
Replies: 43
Views: 2217

Re: Best way to kill poison ivy

+1 to Brush Be Gone. I used 8 gallons :shock: to take out dangerous sumac in a corner of my yard. Best to let chemicals do the work. Follow the directions, wear gloves etc.

For big jobs, buy the concentrate and a sprayer. It's far cheaper.
by ClevrChico
Thu May 09, 2019 10:49 pm
Forum: Personal Investments
Topic: Hedge against the decline of the Realtor profession
Replies: 48
Views: 4044

Re: Hedge against the decline of the Realtor profession

When my parents sold their house, they had to churn through several agents. All but one agent actually cared to put much time into it. Most were content to spend a couple hours up front and sit back and hope for a commission. It's an incredibly inefficient industry and a dead end for most when they ...
by ClevrChico
Sun May 05, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Realistic Comp Increase with Doubling Job Responsibilities
Replies: 37
Views: 2255

Re: Realistic Comp Increase with Doubling Job Responsibilities

After spending a decade in financial with long hours and little reward, I'd say it's likely zero. The best thing I did for comp was to switch industries and swear to never return.
by ClevrChico
Fri May 03, 2019 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate if a new job will increase income?
Replies: 65
Views: 5034

Re: How to calculate if a new job will increase income?

unclescrooge wrote:
Fri May 03, 2019 10:40 pm
ClevrChico wrote:
Fri May 03, 2019 5:41 pm
Rule of thumb calculation:

$120k/1099 = $60/hour/1099

$60/hour/1099 = $60k/salary/w2 with full benefits

VA @ $83k > Contracting-converted-w2 @ $60k

The VA is most likely a pay increase.
So expenses are 50% ???

That sounds absurd.
Uncle Scrooge, did you include benefits?
by ClevrChico
Fri May 03, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate if a new job will increase income?
Replies: 65
Views: 5034

Re: How to calculate if a new job will increase income?

$60/hour/1099 = $60k/salary/w2 with full benefits How are you calculating $60/hr only turns into $60,000 salary? That's only half of what he says he made last year. Salary includes benefits. 1099 includes overhead. I get that part, I'm asking where your numbers are coming from. $60/hr for him turne...
by ClevrChico
Fri May 03, 2019 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate if a new job will increase income?
Replies: 65
Views: 5034

Re: How to calculate if a new job will increase income?

TropikThunder wrote:
Fri May 03, 2019 7:21 pm
ClevrChico wrote:
Fri May 03, 2019 5:41 pm
$60/hour/1099 = $60k/salary/w2 with full benefits
How are you calculating $60/hr only turns into $60,000 salary? That's only half of what he says he made last year.
Salary includes benefits. 1099 includes overhead.
by ClevrChico
Fri May 03, 2019 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate if a new job will increase income?
Replies: 65
Views: 5034

Re: How to calculate if a new job will increase income?

Rule of thumb calculation:

$120k/1099 = $60/hour/1099

$60/hour/1099 = $60k/salary/w2 with full benefits

VA @ $83k > Contracting-converted-w2 @ $60k

The VA is most likely a pay increase.
by ClevrChico
Sat Apr 27, 2019 12:55 am
Forum: Personal Finance (Not Investing)
Topic: Colleague salary comparison
Replies: 54
Views: 6117

Re: Colleague salary comparison

Yes, and you don't even have to be sneaky. - I've had many managers drop ranges of their own or other colleagues' salaries. Sometimes out of frustration, sometimes out of business need. - Accounting has messed up and accidentally leaked out the wrong spreadsheet! - Internal job postings list salary ...
by ClevrChico
Fri Apr 26, 2019 11:51 pm
Forum: Personal Investments
Topic: 2,000,000. Now what?
Replies: 45
Views: 9342

Re: 2,000,000. Now what?

What if there was a global financial crisis II, causing massive losses to your stocks and real estate? What if it happened again AND your royalties went away? Would your < 10% cash portfolio (yikes!) last you long? Congratulations on your success! You're probably years away from being at the top of ...
by ClevrChico
Tue Apr 23, 2019 9:32 pm
Forum: Personal Consumer Issues
Topic: Who is buying 1-3 year old used Toyotas and Hondas?
Replies: 114
Views: 11758

Re: Who is buying 1-3 year old used Toyotas and Hondas?

People that falsely believe used cars are always the better value are one group. The reality is that the dealer is probably losing money on new car sales, but making up for it with used cars and service. I helped a family member buy a used Honda last year. They were set on used, so they could get to...
by ClevrChico
Thu Apr 18, 2019 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Dealership vs independent mechanics
Replies: 23
Views: 1592

Re: Dealership vs independent mechanics

If you can't DIY, independent mechanics are your best bet. Franchise mechanics and dealerships are generally thieves. The amount of unneeded work they've tried to sell me over the years is pure fraud. If it weren't a business, they'd be in jail. I only go to the dealer for warranty work, and I have ...
by ClevrChico
Wed Apr 17, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 92
Views: 8011

Re: Job Offer Evaluation - FANG

Most people seem to be excited about the money and I get that it's a lot more. But you get 30 days PTO a year with your current job! That's huge! Along with the maternity leave (especially if you are thinking about having kids) and a pension. It sounds like your current employer is attempting to he...
by ClevrChico
Tue Apr 16, 2019 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 17685

Re: Bogleheads, why won't anyone hire me?

You may need to change your job search to a different region with different industries. Even searching 100 miles away can make a HUGE difference. I went from constant rejection to multiple offers just by doing this. (And this is why some areas have brain drain and others brain gain.) It turns out my...
by ClevrChico
Mon Apr 15, 2019 8:52 pm
Forum: Personal Consumer Issues
Topic: Where To Get New Bikes
Replies: 67
Views: 4596

Re: Where To Get New Bikes

If you want new, the LBS is your best bet. You want a name brand bike. I've received great deals on craigslist, garage sales, and bike co-ops for used bikes. My wife still rides a 40 year old Schwinn that looks like new. Big box store bikes continue to be absolute junk. I've never seen one work righ...
by ClevrChico
Thu Apr 11, 2019 8:04 pm
Forum: Personal Consumer Issues
Topic: Need a new microwave
Replies: 29
Views: 1907

Re: Need a new microwave

I splurged for a commercial microwave five years ago. I was tired of replacing the big box store microwaves every 18 months, having parts fall off them, etc. The door face of the last Kenmore model we had was held on by two sided tape! The build quality of a commercial unit is much better! And, they...
by ClevrChico
Tue Apr 09, 2019 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Is a work-at-home job have the same expectations as the office job?
Replies: 63
Views: 3497

Re: Is a work-at-home job have the same expectations as the office job?

I WFH 10% - 20% of the time. I make sure to take an hour lunch break which I mark on my calendar, but other than that I'm available during normal business hours, as that's important in my line of work. Stepping away for 15 minutes a couple times is fine too. I can't imagine watching young children a...
by ClevrChico
Sun Apr 07, 2019 9:16 am
Forum: Personal Consumer Issues
Topic: Huge AirBNB Cancellation Charge
Replies: 123
Views: 7495

Re: Huge AIrBNB Cancellation Charge

Seems some people are missing the OP’s son cancelled within 2 hours part. I can’t believe anyone would think that the host is justified in collecting $1200. This isn’t a hotel where he’s cancelling 6 hrs before his reservation. He isn’t walking into the rental on day one and saying I don’t like the...
by ClevrChico
Sun Apr 07, 2019 8:44 am
Forum: Personal Consumer Issues
Topic: Huge AirBNB Cancellation Charge
Replies: 123
Views: 7495

Re: Huge AIrBNB Cancellation Charge

Seems some people are missing the OP’s son cancelled within 2 hours part. I can’t believe anyone would think that the host is justified in collecting $1200. This isn’t a hotel where he’s cancelling 6 hrs before his reservation. He isn’t walking into the rental on day one and saying I don’t like the...
by ClevrChico
Fri Apr 05, 2019 11:16 pm
Forum: Personal Consumer Issues
Topic: Video Conferencing: Zoom vs. Cisco, Portable Video Conference Camera
Replies: 8
Views: 439

Re: Video Conferencing: Zoom vs. Cisco, Portable Video Conference Camera

python99 wrote:
Fri Apr 05, 2019 10:43 pm
Zoom all the way
+1

Zoom works on PC's, Mac's, Linux, etc. It's the most reliable video conferencing software I've used.
by ClevrChico
Thu Apr 04, 2019 11:24 am
Forum: Investing - Theory, News & General
Topic: Why are yields form tax free Muni Bonds so high?
Replies: 17
Views: 2514

Re: Why are yields form tax free Muni Bonds so high?

I think it's beneficial to crunch the numbers in a spreadsheet too. At 24% federal and 9% state tax brackets, non-tax exempt bonds were better for us as of several months ago. (Federal government bond dividends are exempt from state taxes, which can make a difference.)
by ClevrChico
Thu Apr 04, 2019 11:08 am
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 16579

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

I've seen this so many times and agree completely. I think the 50% number is quite accurate. Some of this is out of our control due to economic situations. I've also seen many cases of workers becoming curmudgeons to their peers and resist change, leading to firing. Winning friends at work gives one...
by ClevrChico
Tue Apr 02, 2019 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Weighing career options (34 yo, considering leaving low COL for high COL, am I crazy?)
Replies: 54
Views: 3934

Re: Weighing career options (34 yo, considering leaving low COL for high COL, am I crazy?)

I have a colleague that made a similar move. When I talk to them, they complain that they can't enjoy much of the city due to traffic and parking. Talk about a grind. Maybe spend a couple long weekends in Chicago to see what you think of the area? I certainly would not put myself through such an upr...
by ClevrChico
Mon Apr 01, 2019 9:04 am
Forum: Personal Finance (Not Investing)
Topic: I think we're FIRE in 8 or 9 years, feedback?
Replies: 15
Views: 2144

Re: I think we're FIRE in 8 or 9 years, feedback?

You've done well.

$130k annual expenses seem like a lot, but maybe not for your area. Retiring mid-50's is pretty normal. I'm not sure I'd even consider it FIRE at that point. :happy
by ClevrChico
Mon Apr 01, 2019 8:53 am
Forum: Personal Consumer Issues
Topic: 2012 Honda Fit MPG issue
Replies: 49
Views: 3139

Re: 2012 Honda Fit MPG issue

New wrinkle. I had the oil changed on 3/18 ( synthetic). Today, 2 weeks later, having driven a total of about 250-300 miles since oil change, oil life reads 90%. Does this suggest anything specific? That's definitely a wrinkle. Dropping by 10% at 300 miles is insane. The strongest variable I've see...
by ClevrChico
Mon Apr 01, 2019 8:17 am
Forum: Personal Consumer Issues
Topic: Do any of you have a fear of changing jobs?
Replies: 73
Views: 4665

Re: Do any of you have a fear of changing jobs?

The fear is rational. It's very easy to job hop yourself into a terrible position. Risks include long hours, frequent travel, on-call, technical debt, and maniac bosses. If the company does stack racking, your own department members will be actively trying to make you fail. I've seen all this. If yo...
by ClevrChico
Sat Mar 30, 2019 4:33 pm
Forum: Personal Consumer Issues
Topic: 2012 Honda Fit MPG issue
Replies: 49
Views: 3139

Re: 2012 Honda Fit MPG issue

I believe the maintenance manual calls for a valve adjustment at 100k on these cars. I'd be skeptical if that's the cause of fuel mileage going off a cliff, though. I think it's far more likely it's a calculation error or someone is stealing gas. :-) The worst I get on my Fit of the same generation ...
by ClevrChico
Sat Mar 30, 2019 7:34 am
Forum: Personal Finance (Not Investing)
Topic: New car vs used; does it matter with 10 years of ownership
Replies: 8
Views: 1016

Re: New car vs used; does it matter with 10 years of ownership

My philosophy is to buy new and drive forever. I don't think I'm spending any more money. Cars depreciate for a reason, markets are efficient.
by ClevrChico
Fri Mar 29, 2019 10:24 pm
Forum: Personal Consumer Issues
Topic: High School Senior Pictures
Replies: 91
Views: 4790

Re: High School Senior Pictures

I'd definitely DIY it.

I still hold a bit of a grudge at my parents for making me have pro senior pictures and pay for it out of my pocket. With college expenses around the corner, it was a waste of money.
by ClevrChico
Fri Mar 29, 2019 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Passed Over For Promotion for Being too Good at My Job
Replies: 55
Views: 5566

Re: Passed Over For Promotion for Being too Good at My Job

Reaching for an internal position has always taken multiple attempts, sometimes over years for me. I compare it to the movie Mr. Roberts, where Lt. Roberts never gives up requesting a transfer. You're never going to apply for a promotion and then get it with the first attempt. Corporate management i...
by ClevrChico
Sun Mar 24, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Where do you find high paying jobs?
Replies: 72
Views: 5467

Re: Where do you find high paying jobs?

It generally doesn't happen overnight. It can take a few generations to get from working class to upper middle class with hard work and some risk taking. There's a reason why get rich quick schemes sell.

High COL salaries distort things too.
by ClevrChico
Fri Mar 22, 2019 11:41 am
Forum: Personal Consumer Issues
Topic: Being a Boglehead and car enthusiast stinks
Replies: 72
Views: 4498

Re: Being a Boglehead and car enthusiast stinks

When it comes to cars, I'm in the "less is more" camp. I love my current Honda with its high revving engine and world class manual transmission. There's no need to spend a ton of money on a car. Others have mentioned the Miata. It's probably the car closest to what an actual sports car is, and is ch...
by ClevrChico
Sat Mar 16, 2019 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: My RSU are causing a tax nightmare
Replies: 15
Views: 2168

Re: My RSU are causing a tax nightmare

As others stated, you need to pay estimated tax. I think it's easier than trying to tinker with withholding. Here's a handy link: https://www.irs.gov/payments You can also create an account on the site that allows you to see payment history over several years, but it's not required to make payments.
by ClevrChico
Sat Mar 16, 2019 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Amica hiked my insurance, thoughts on alternatives?
Replies: 48
Views: 3739

Re: Amica hiked my insurance, thoughts on alternatives?

Insurance companies raise premiums different amounts for different people based upon "predictive modeling". They know approximately how much they can jack it up without you leaving based on everything they know about you, which is quite a lot. Amica does not do this practice, unless something very ...
by ClevrChico
Sat Mar 16, 2019 6:18 pm
Forum: Personal Consumer Issues
Topic: lawn care cost
Replies: 57
Views: 3938

Re: lawn care cost

I'd estimate $40 for a cut/trim, which is around the minimum to get anyone to reliably show up around here.
by ClevrChico
Sat Mar 16, 2019 7:34 am
Forum: Personal Consumer Issues
Topic: What's Your Opinion on Nest Thermostats
Replies: 62
Views: 4956

Re: What's Your Opinion on Nest Thermostats

I have a non-wifi programmable thermostat. It does 100% of what I need to do and has been reliable for years: Big money saved and a pre-warmed house when we wake up/get home from work.
by ClevrChico
Fri Mar 15, 2019 10:08 pm
Forum: Personal Consumer Issues
Topic: Haven't bought a car in ages - how does negotiation work these days?
Replies: 47
Views: 5022

Re: Haven't bought a car in ages - how does negotiation work these days?

If you just walk into a dealer, nothing has changed. Expect the same terrible sales tactics that will cost you money. What HAS changed is that dealers have dedicated Internet sales people to process the internet leads. It allows you to negotiate with multiple dealers remotely. Email/online forms has...
by ClevrChico
Wed Mar 13, 2019 9:51 pm
Forum: Personal Consumer Issues
Topic: Secondary sump pump needed?
Replies: 39
Views: 1674

Re: Secondary sump pump needed?

I'd consider the bare minimum to be a backflow valve on your sewer, a primary pump, with a backup. Even with that, you might flood every few years. We had a huge rainstorm last year, and I was dealing with inflow of 3300 gallons/hour with rainfall of two inches/hour for hours. In the Midwest! With a...
by ClevrChico
Mon Mar 11, 2019 7:23 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 367
Views: 21097

Re: COMING SOON: BOGLEHEADS PODCASTS

I'd love to hear Brad Katsuyama as a guest. Flash Boys is five years old, and an update on IEX and its parallels to Vanguard would be quite interesting.
by ClevrChico
Sat Mar 09, 2019 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Preventive Care and Annual Physical 100% Covered but Charged?
Replies: 62
Views: 3944

Re: Preventive Care and Annual Physical 100% Covered but Charged?

That seems like price gouging, unless the $250 actually covered vaccines/bloodwork and the office staff were confused. My experience is that if any potential problem is found during a preventive physical, that is billed as a standard office visit on top of the preventative visit. Any follow-up visit...
by ClevrChico
Sat Mar 09, 2019 9:45 am
Forum: Personal Finance (Not Investing)
Topic: How much does owning vehicles (cost/month)
Replies: 53
Views: 3896

Re: How much does owning vehicles (cost/month)

Consensus answer here seems to be around $400/month per vehicle. I'm not sure I saw opportunity cost but those purchasing with cash should probably take 5% of the purchase cost per year as opportunity cost of not investing the cash elsewhere (e.g. $80/month if you paid $20K in cash). There is also ...
by ClevrChico
Sat Mar 09, 2019 6:56 am
Forum: Personal Finance (Not Investing)
Topic: How much does owning vehicles (cost/month)
Replies: 53
Views: 3896

Re: How much does owning vehicles (cost/month)

I keep detailed records, so here you go:

- Depreciation and maintenance, $120/month
- Fuel, $40/month
- Insurance w/ umbrella + tags, $30/month

This is calculated on ten years ownership of a purchased new, sub $20k Honda. LCOL area, so insurance and tags are cheap!
by ClevrChico
Thu Mar 07, 2019 11:21 pm
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 7166

Re: attacked by off-leash dog

This is a problem here too. I walk with a walking stick harvested from the woods for defense against dogs.

Actual weapons may be restricted depending on your laws.
by ClevrChico
Tue Mar 05, 2019 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you gone without a raise?
Replies: 75
Views: 5592

Re: How long have you gone without a raise?

In medium and megacorp jobs we've always had an annual review with typically a low 2% raise. Raises have been skipped during sector downturns, with an occasional retroactive raise made when things improve. Going multiple years without a raise would be unusual in the private sector, but it does seem ...
by ClevrChico
Tue Mar 05, 2019 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance - again
Replies: 49
Views: 4553

Re: Umbrella insurance - again

Sounds in the ballpark. I pay $198/year for $1MM with an Amica dividend policy. (Also have auto+home there with high liability limits.) Low risk, no teen drivers.