Search found 763 matches

by TSR
Fri Jul 19, 2019 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: NYT Article: Safe Deposit Boxes Aren't Safe
Replies: 75
Views: 5326

Re: NYT Article: Safe Deposit Boxes Aren't Safe

I am surprised anyone thought the bank would insure your possessions in a safe deposit box. They have no idea what you may may put in it. How could they possibly insure whatever is inside? Since the people in the article are suing the bank, I assume they were not insured. If they had been, then it ...
by TSR
Fri Jul 19, 2019 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: NYT Article: Safe Deposit Boxes Aren't Safe
Replies: 75
Views: 5326

Re: Safe Deposit Boxes Aren't Safe

NYT absolutely LOVES to spread FUD through their reporting. It sells papers and provides click-bait to get you to get to their site. Statistically how often are safety deposit boxes harmed? I didn't read the full article and bet it doesn't say (I skimmed through it and it seems they are telling som...
by TSR
Thu Jul 18, 2019 3:24 pm
Forum: Personal Consumer Issues
Topic: Box wine- update and recommendations?
Replies: 65
Views: 3656

Re: Box wine- update and recommendations?

We really like La Vieille Ferme - Red Rhone blend from France. Normally $35, but get it on sale at Meijer for $18. Came here just to recommend this. I find it noticeably better than the Bota box reds, which can feel a little sweet/jammy/treacly for my tastes. This one is a little drier and more int...
by TSR
Wed Jul 17, 2019 10:20 am
Forum: Personal Finance (Not Investing)
Topic: House not appraising for amount we were offered!
Replies: 137
Views: 13350

Re: House not appraising for amount we were offered!

Respectfully, I think your question is both easy and answered: You live in a very hot market. The appraisal is a little behind the market. The bank won't lend more than the appraisal. Assuming there's an appraisal contingency in the contract, there is a good chance your buyer will come up with extra...
by TSR
Thu Jul 11, 2019 4:28 pm
Forum: Personal Consumer Issues
Topic: Automatic Watches
Replies: 89
Views: 4683

Re: Automatic Watches

I feel like it's important to say based on some people's comments about watches stopping on the weekend that this is entirely dependent on the reserve power for the watch. Mine has a 60-hour reserve, which is enough to get you through the weekend. I wear mine on the weekend though (I have a sporty d...
by TSR
Wed Jul 10, 2019 3:34 pm
Forum: Personal Consumer Issues
Topic: Automatic Watches
Replies: 89
Views: 4683

Re: Automatic Watches

I purchased a very nice automatic watch (bought it used -- a "cheap" luxury). It's an Omega made in this decade. I basically never adjust it. It's certified to within a few seconds per day, but it seems to be much more accurate than that. In all seriousness, the clock on my work computer is less acc...
by TSR
Mon Jul 08, 2019 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Going to law school question
Replies: 55
Views: 3318

Re: Going to law school question

Another attorney here. I am trying not to criticize or analyze your plans---it seems like you've got your own thing going and your own idea of how to get there, so I'll just answer your question. If you just need "the title" for whatever reason, you should probably go to the cheapest accredited stat...
by TSR
Wed Jul 03, 2019 3:19 pm
Forum: Personal Consumer Issues
Topic: Frontier or Spirit Airlines
Replies: 51
Views: 3018

Re: Frontier or Spirit Airlines

I had a recent Frontier experience that is worth describing. The price and route were both ideal, and nonstop. On my departing flight, the plane was delayed several times to the tune of about three hours. This is pretty normal, but the text-message notifications did not really jibe with what they we...
by TSR
Mon Jun 10, 2019 11:38 am
Forum: Personal Consumer Issues
Topic: Sports classes in Universities
Replies: 60
Views: 3482

Re: Sports classes in Universities

I would be legitimately surprised to hear that there were no for-credit PE classes at a given school. As a practical matter, there are a lot of coaches who get paid full time but may not be doing that much on a regular basis (e.g., even for a school with a very competitive squash program, the squash...
by TSR
Fri Jun 07, 2019 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Highly appreciated whiskies
Replies: 34
Views: 3429

Re: Highly appreciated whiskies

I'm not in your financial situation and I'm guessing that money would mean more to me than it does to you, but I'd still say drink it or give it away as gifts to people who'd enjoy it. I'm suspicious of artificially inflated values on things, as those values tend to go up and down (there is a lot of...
by TSR
Thu Jun 06, 2019 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Debt: Student loan or cabin
Replies: 36
Views: 2852

Re: Debt: Student loan or cabin

The math is a no-brainer, as described by everyone above. That said, I could think of at least one scenario where your brother might favor the cabin: 1. He saved up the $60,000, not her. We do not know this to be a fact. 2. She accrued the student-loan debt, not him. We do know this to be a fact. 3....
by TSR
Wed Jun 05, 2019 10:17 am
Forum: Investing - Theory, News & General
Topic: Swedroe is far from a passive investor and I am beginning to agree
Replies: 62
Views: 5923

Re: Swedroe is far from a passive investor and I am beginning to agree

Respectfully, I think the title of the post is somewhat misleading. Larry Swedroe recommends a book by another author about behavioral finance, not specifically about an investing approach. In that book the author writes a few paragraphs in a single chapter about an investing approach that very occa...
by TSR
Mon May 20, 2019 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off my student loans early?
Replies: 22
Views: 2117

Re: Should I pay off my student loans early?

Perhaps not enough information to answer your question. I would not pay off anything early if I weren't already maxing out tax-advantaged retirement accounts including Roth, 401k, and HSA. If you're doing all of that then sure, why not go ahead and pay it off? I paid my loans off early and it was a ...
by TSR
Fri May 17, 2019 9:02 am
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 5573

Re: Guidance on choosing between UMich and Brown

Brown. For all the reasons people have talked about above, but also people change their minds about what they want to go to school for, and Brown would accommodate that a lot better. That Ivy degree is worth a lot -- arguably much more than the $20k figure thrown out here.
by TSR
Wed May 08, 2019 4:16 pm
Forum: Personal Consumer Issues
Topic: Undergrad major in Economics or Finance?
Replies: 62
Views: 3836

Re: Undergrad major in Economics or Finance?

What about majoring in Finance with a minor in Economics? I work in finance and agree that is probably more generally marketable from a career perspective, with several different pathways to long lasting careers. Having a strong working knowledge of Accounting would also help in this regard. I have...
by TSR
Fri Apr 19, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: The reality of borrowing from your 401k for home mortgage
Replies: 48
Views: 3327

Re: The reality of borrowing from your 401k for home mortgage

I threw your figures into a mortgage calculator and it says your payment will be ~$1900 a month. Why don't you practice setting that aside for 10 months and save your down payment? It would tell you what it's like to live on your new amount of money and keeps you from having to borrow the down paym...
by TSR
Thu Apr 18, 2019 5:12 pm
Forum: Personal Consumer Issues
Topic: A week in Newfoundland, activites advise
Replies: 17
Views: 1518

Re: A week in Newfoundland, activites advise

…..and there’s me thinking I would not be getting any replies to this post! Thanks for everyone’s input, much apricated. With respect to the roads (many of which are gravel it seems) is there any reason to need to upgrade from basic mid-size sedan to an SUV on account of the roads? I enjoy seafood ...
by TSR
Wed Apr 17, 2019 4:41 pm
Forum: Personal Consumer Issues
Topic: A week in Newfoundland, activites advise
Replies: 17
Views: 1518

Re: A week in Newfoundland, activites advise

Doesn't look like a lot of people have been to Newfoundland here. I happen to have gone last year in early May for maybe five days/four nights. What a beautiful place. A few observations: 1. I'm a big cod fan, so I disagree with TLC1957 up there, but their point is well taken. Still, look forward to...
by TSR
Fri Apr 12, 2019 4:00 pm
Forum: Personal Investments
Topic: 33M/31F - just paid off $160k student loans; Need guidance with Retirement Plan
Replies: 6
Views: 747

Re: 33M/31F - just paid off $160k student loans; Need guidance with Retirement Plan

First off, thank you so much for taking the time to give me such thoughtful info and advice and taking time out of your day Second, it appears that you are correct that you're not understanding the before/after-tax implications of various retirement plans. You guys have too much income not to under...
by TSR
Fri Apr 12, 2019 3:06 pm
Forum: Personal Investments
Topic: 33M/31F - just paid off $160k student loans; Need guidance with Retirement Plan
Replies: 6
Views: 747

Re: 33M/31F - just paid off $160k student loans; Need guidance with Retirement Plan

First, congrats on the loans. I agree that maybe you should have done some investing in there as well, but take the win: you've got a big albatross off from around your neck. Be happy about that. Second, it appears that you are correct that you're not understanding the before/after-tax implications ...
by TSR
Fri Apr 12, 2019 9:40 am
Forum: Personal Investments
Topic: Roth TSP vs. Regular TSP?
Replies: 14
Views: 1412

Re: Roth TSP vs. Regular TSP?

I make a little bit more than you do and have 100% in Traditional TSP. I think Roth TSPs are over-hyped. At your income level I'd take the "bird in the hand" now and save all of those expensive dollars at your top marginal rate now. Keep contributing post-tax dollars to your Roth IRA, because it sou...
by TSR
Mon Apr 08, 2019 1:28 pm
Forum: Personal Consumer Issues
Topic: Solution for a thick wallet
Replies: 58
Views: 5277

Re: Solution for a thick wallet

I used an old leather bi-fold that was pretty huge. Based on a recommendation in a thread on good travel gear, I purchased this wallet: https://www.amazon.com/Ultra-Nylon-Trifold-Wallet-Blocking/dp/B0725JX6DP It has revolutionized my wallet experience -- it carries quite a few cards, but it's little...
by TSR
Fri Mar 29, 2019 9:03 am
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult, 2.5 year progress audio
Replies: 217
Views: 34267

Re: Learning Violin as an adult...1000 hours in...

I love these updates. Thanks. One thought: given your enjoyment of playing with others, have you considered asking to learn some fiddle tunes? I ask because (as a guitar player myself) I know it's extremely easy to find people who would enjoy playing back-up on some fiddle tunes, whereas finding oth...
by TSR
Thu Mar 28, 2019 10:01 am
Forum: Investing - Theory, News & General
Topic: Free dinner from an attorney
Replies: 32
Views: 3294

Re: Free dinner from an attorney

As a lawyer, I hate this. I would never lend my imprimatur to another non-law profession by "hosting" something as a gentle suggestion that my legal counsel was that they accept that person's services. Depending on the financial/business arrangement (and the state), this could easily be unethical. ...
by TSR
Thu Mar 28, 2019 9:58 am
Forum: Personal Consumer Issues
Topic: Decent hiking/trekking clothing?
Replies: 50
Views: 2004

Re: Decent hiking/trekking clothing?

There are some serious end-of-season sales going on right now, including at Eddie Bauer. You should be able to find some good UV protected clothing there for about 50% off.
by TSR
Thu Mar 28, 2019 9:53 am
Forum: Investing - Theory, News & General
Topic: Free dinner from an attorney
Replies: 32
Views: 3294

Re: Free dinner from an attorney

As a lawyer, I hate this. I would never lend my imprimatur to another non-law profession by "hosting" something as a gentle suggestion that my legal counsel was that they accept that person's services. Depending on the financial/business arrangement (and the state), this could easily be unethical. ...
by TSR
Wed Mar 27, 2019 2:05 pm
Forum: Investing - Theory, News & General
Topic: Free dinner from an attorney
Replies: 32
Views: 3294

Re: Free dinner from an attorney

As a lawyer, I hate this. I would never lend my imprimatur to another non-law profession by "hosting" something as a gentle suggestion that my legal counsel was that they accept that person's services. Depending on the financial/business arrangement (and the state), this could easily be unethical. I...
by TSR
Wed Mar 27, 2019 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Help with law school decision
Replies: 78
Views: 5372

Re: Help with law school decision

Another attorney here. I went to one of those schools, though I'd prefer to talk about it over PM -- please feel free to reach out or have her reach out. All of the private schools on this list can place your daughter nationally if she's in the top 10% of the class. The problem? She can't know in ad...
by TSR
Tue Mar 19, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: Musicians... do you play more than one instrument?
Replies: 11
Views: 411

Re: Musicians... do you play more than one instrument?

I've played guitar most of my life, and I started playing piano as an adult. It is much harder for me as an adult, though I think it is also a harder instrument to "make sound good" than guitar. The second instrument has been very rewarding for me, mostly because it's a new way of looking at harmony...
by TSR
Thu Mar 14, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Is my *entire* life financed when I have a mortgage?
Replies: 84
Views: 5821

Re: Is my *entire* life financed when I have a mortgage?

The answer, of course, is yes and no. You do not owe your bank the cost of every meal you buy --- you just owe your bank the amount of your monthly payment. But surely you could put every extra dollar toward your mortgage to stop owing your bank anything in the future. Fair enough. But as with anyth...
by TSR
Thu Mar 07, 2019 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Finished with Student Loans! Thanks, Bogleheads (and WCI)
Replies: 5
Views: 802

Re: Finished with Student Loans! Thanks, Bogleheads (and WCI)

Congrats! I did this with a lot less debt than you had, and it still felt great -- I posted a similar thread here a number of years back. You moved really quickly too. I would recommend using that same ferocity to save for retirement now so that you can purchase that same financial freedom on the ta...
by TSR
Wed Feb 27, 2019 4:13 pm
Forum: Personal Investments
Topic: Investing Dilemma (Index Funds Vs Individual Stocks Mirroring an Index)
Replies: 29
Views: 1185

Re: Broker Offering Parametric Portfolio to Track Index, Is this a stupid thing to do?

First question: What the heck is a "parametric portfolio", exactly? Run. RM Basically they are going to tax-loss harvest my portfolio and purchase 300 stocks in the S&P 500 for a 1% fee. I didn't mention that with my level of equities that they can tax-loss harvest, they are expecting a tracking di...
by TSR
Tue Feb 26, 2019 11:27 am
Forum: Investing - Theory, News & General
Topic: Foresight question: did YOU make a killing on NECCO Sweethearts candy?
Replies: 30
Views: 3593

Re: Foresight question: did YOU make a killing on NECCO Sweethearts candy?

The conceit behind this segment is that Peter Sagal, after interviewing a celebrity who is an expert on something, asks them quiz questions about something they know absolutely nothing about. Since her name is "Neko," he asked her questions about "NECCO." Wandering off-topic, but she's one a my fav...
by TSR
Mon Feb 25, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Death, heir hunters, and compromised lawyers
Replies: 36
Views: 4704

Re: Death, heir hunters, and compromised lawyers

For a website dedicated to rejecting the people who say "investing's hard work -- let me do it for you and I'll just charge you a little bit off the top!", we're pretty quick to forgive the people who make a living by injecting themselves into an estate of someone recently deceased and then skimming...
by TSR
Fri Feb 22, 2019 10:46 am
Forum: US Chapters
Topic: Do you discuss BH philosophy with others?
Replies: 66
Views: 3434

Re: Do you discuss BH philosophy with others?

I have had this discussion many times, but it's never the first discussion I have about money with someone. Usually it'll start with some innocuous conversation about something financial, after which I'll say something like, "I don't want to talk your ear off because this is one of my favorite topic...
by TSR
Thu Feb 14, 2019 2:59 pm
Forum: Personal Consumer Issues
Topic: What Tech Gadget Would you Buy?
Replies: 85
Views: 5534

Re: What Tech Gadget Would you Buy?

Do you cook? A Thermapen Mk4 is a must.
by TSR
Tue Feb 12, 2019 11:32 am
Forum: Investing - Theory, News & General
Topic: "Don’t Compare Your Investment Returns With Others (Especially On The Internet)"
Replies: 34
Views: 3738

Re: "Don’t Compare Your Investment Returns With Others (Especially On The Internet)"

I feel this way about stories from real estate investors. Real estate is leveraged and undiversified so there are bound to be a lot of big winners and big losers in that space, but the big winners are louder. Not only that. My experience is that real estate investors often calculate "return" by ref...
by TSR
Mon Feb 04, 2019 4:53 pm
Forum: Personal Investments
Topic: Tsp [Thrift Savings Plan]
Replies: 55
Views: 3892

Re: Tsp [Thrift Savings Plan]

You are a perfect candidate for the L2050 fund. I'd just transfer all of your money to that today. I'm your age but a little more conservative, so I'm in the L2040 fund. There's an added benefit that the market has rebounded from a month ago, so it won't feel like you're selling low to add bonds. (I...
by TSR
Sun Jan 27, 2019 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Appropriate age to communicate your will/wishes to your kids
Replies: 57
Views: 4198

Re: Appropriate age to communicate your will/wishes to your kids

I would not want my children to "take their foot off the gas" in their own studies and/or work simply because they know they're going to be "set." That’s a view that’s worth considering, but knowing relatively early on that there’s financial security waiting can also permit those children to pursue...
by TSR
Fri Jan 25, 2019 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Appropriate age to communicate your will/wishes to your kids
Replies: 57
Views: 4198

Re: Appropriate age to communicate your will/wishes to your kids

I would not want my children to "take their foot off the gas" in their own studies and/or work simply because they know they're going to be "set." That doesn't mean being dishonest. As you say, they already know you're comfortable. I would wait until they're somewhere in the late 20s to mid 30s to b...
by TSR
Thu Jan 24, 2019 6:28 pm
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 13830

Re: Men's No-Cotton Travel Pants Suggestions? Other Tips from experienced world travellers?

I got tired of all this so I purchased a tiny trifold wallet made out of the material they make parachutes from.It holds about 12 cards and plenty of cash,weighs nothing and fits in the small zippered pockets on the front of my pants or jacket.Extremely happy with it and now use it as my regular wa...
by TSR
Tue Jan 22, 2019 11:48 am
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 13830

Re: Men's No-Cotton Travel Pants Suggestions? Other Tips from experienced world travellers?

Another vote for Prana Zion pants. Love them. Yet another vote for these, but I would also add that Prana's Brion pant is better from a "not looking like a tourist" perspective. They look just like slacks or like nice jeans, depending on the color you get, and they are strong and stretchy and easy ...
by TSR
Tue Jan 15, 2019 12:43 pm
Forum: Personal Consumer Issues
Topic: Duffel Bag vs Wheeled Stand Up traveling
Replies: 78
Views: 4015

Re: Duffel Bag vs Wheeled Stand Up traveling

I have an awesome looking heavy-duty duffel. I am also tall and skinny and have all the related back problems. The duffel taught me just how severe these back problems are. The duffel stays at home now, and I either pack a roller bag or a two-strap backpack (never use just one!) for all flights. I p...
by TSR
Mon Jan 14, 2019 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Amazon Rewards Visa -- predatory lending?
Replies: 38
Views: 4570

Re: Amazon Rewards Visa -- predatory lending?

I will just use this thread to confess to everyone here at bogleheads.org that I did not know this about credit cards. I've used them regularly for much of my life, but I've never kept a balance and always paid in full. Live and learn, I guess.
by TSR
Fri Jan 11, 2019 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 274
Views: 23825

Re: $40,000 in debt, bankruptcy seems to be the best option right now

It's pretty funny that someone thinks people all over the country are buying, and people on this site are recommending, a security system that doesn't do anything. I have no idea what you are talking about. The system absolutely works. Period. I was responding to a poster's complaint about the syst...
by TSR
Mon Jan 07, 2019 12:27 pm
Forum: Personal Consumer Issues
Topic: Bedding (sheets) recommendations - having terrible experience finding quality sheets
Replies: 35
Views: 2719

Re: Bedding (sheets) recommendations - having terrible experience finding quality sheets

Based on some recommendations here, I purchased the LL Bean percale sheets (the ones recommended in that Wirecutter article). They are good. No pilling. No tears. No issues. They don't jump right out and scream "luxurious," but they've been everything I could want in a sheet.
by TSR
Fri Jan 04, 2019 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Does a PMI in lieu of 20% down ever make sense?
Replies: 48
Views: 2996

Re: Does a PMI in lieu of 20% down ever make sense?

For some people, PMI is a desperation move. For some, it's a cash-flow move. Probably a lot of people in the former camp believe they're in the latter camp. I ended up with PMI on my mortgage due to cash-flow stuff, and I paid extra on the mortgage to knock it out in about four years. I know for cer...
by TSR
Wed Jan 02, 2019 11:39 am
Forum: Investing - Theory, News & General
Topic: Will Total US Bond Index fund have a positive return for 2018?
Replies: 13
Views: 2149

Re: Will Total US Bond Index fund have a positive return for 2018?

How about BND? Vanguard reports BND total return of -0.08%, but it could be different at a different broker because of the way the monthly dividends are reinvested is definitely different at different brokers. Did I use the word "different" enough different times there? This slight loss is going to...
by TSR
Fri Dec 28, 2018 3:46 pm
Forum: Personal Consumer Issues
Topic: not funding kid's tuition
Replies: 102
Views: 3434

Re: not funding kid's tuition

You are absolutely entitled to that view, and your children are absolutely entitled to their view of your actions. I can't say how you or your children should view this. However, if I were your child, I would feel that you forced me to go to your alma mater by providing no college funding OTHER than...
by TSR
Fri Dec 28, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Paying Student Loans
Replies: 11
Views: 1241

Re: Paying Student Loans

I don't think the IBR thing is really going to help you much -- refinancing and paying it off aggressively will save you money in the long term. After that, I'm in the camp of "do both" on the retirement vs. student loans. You don't want to miss out on the massive tax benefits of tax-deferred retire...