Search found 704 matches

by timmy
Sat Sep 22, 2018 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 631
Views: 73334

Re: Picking College and College Scholarships

Timmy, congratulations to your son! Thank you for journalist your family's journey. This thread has been immensely inspiring and very much relevant for DS, who is a HS junior, also in Illinois. He will be applying for CS/Engineering programs next year. He just took the ACT this month and scored a 3...
by timmy
Mon Sep 17, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4448

Re: Dilemma: Add room to current house or buy new house?

If you don't like the house, sell it and move. If you like the house, want to stay, and are willing to live through some construction, I would invite a few architects to tour the house. If you hit it off with one or all, I'd suggest paying them to concept ("draw up") options that stay within the cur...
by timmy
Sun Sep 16, 2018 8:58 am
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 304
Views: 52417

Re: That Extravagant Thing You Do

Mountain bike worth more than car.
by timmy
Sun Sep 16, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Single Family Homes in Chicago?
Replies: 28
Views: 2842

Re: Single Family Homes in Chicago?

If you want a suburban-feeling neighborhood within the city, consider Beverly (on the southwest side) and Forest Glen, Edgebrook (not the same as Edgewater), and Wildwood (all on the northwest side). These neighborhoods share several characteristics. They have nice houses on large lots at relativel...
by timmy
Sun Sep 16, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Single Family Homes in Chicago?
Replies: 28
Views: 2842

Re: Single Family Homes in Chicago?

https://www.zillow.com/sauganash-chicago-il/

Still in the city. Nice, if pricey, area. Close to downtown, lake, and ORD. Lots of Chicago cops and fireman in the area.

If this area is attractive to you, as someone mentioned above Oak Park, Evanston, and Park Ridge might be of interest.

Good luck.
by timmy
Sat Sep 15, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 3886

Re: The Boglehead is anti-entrepreneur?

The 10% Entrepreneur: Live Your Startup Dream Without Quitting Your Day Job Choosing between the stability of a traditional career and the upside of entrepreneurship? Why not have both? Becoming a full-time entrepreneur can look glamorous from the outside. Who doesn’t want to chase their dreams, be...
by timmy
Thu Sep 13, 2018 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Options/Suggestions.
Replies: 95
Views: 8893

Re: Side Hustle Options/Suggestions.

sports referee. basketball, volleyball, and lacrosse are good. get exercise etc... the money is made on the weekends though. b-ball on the weekends in the winter is o.k. here in chicago though. gets you off the couch on cold winter days. a lot of people don't claim this income as long as you don't ...
by timmy
Thu Sep 13, 2018 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Options/Suggestions.
Replies: 95
Views: 8893

Re: Side Hustle Options/Suggestions.

I do online transcription after the kids go to bed. The pay is pretty terrible but I figure I am monetizing spare time that I would otherwise be wasting on TV or Netflix. My wife teaches yoga. If that's not your thing, you could probably do classes for any random skill that you have. Also, dog walk...
by timmy
Sun Sep 09, 2018 8:54 am
Forum: Investing - Theory, News & General
Topic: Put Options
Replies: 27
Views: 1156

Re: Put Options

Read up on it ... Options are complicated, or at least not easy. So read up. I found this book useful. https://www.amazon.com/Options-as-Strategic-Investment-Fifth/dp/0735204659/ref=sr_1_1?ie=UTF8&qid=1536501005&sr=8-1&keywords=options+as+a+strategic+investment+6th+edition The market in listed optio...
by timmy
Mon Aug 27, 2018 6:21 pm
Forum: Personal Consumer Issues
Topic: How do you make use of this boglehead.org?
Replies: 20
Views: 2303

How do you make use of this boglehead.org?

I'm curious how you make the most of this website. And whether I could be doing something different to make my experience even more useful. Here is what I do. Targeted: I ask question when I have them. Share: Post links that I find interesting and might be beneficial here. Read: I generally click on...
by timmy
Sat Aug 25, 2018 7:43 am
Forum: Investing - Theory, News & General
Topic: Call the Top!
Replies: 82
Views: 9293

Re: Call the Top!

Not a number, a period ... Q2 2019. A recession will follow. The stock markets slide will last until Q1 2020. It'll bounce around after, making no real progress, until mid 2021. Then the fun will begin again.

Yours truly,

Michel "timmy" Nostredame
by timmy
Wed Aug 22, 2018 11:37 pm
Forum: Personal Consumer Issues
Topic: Lock Suitcases on International Flight or Not?
Replies: 32
Views: 2697

Re: Lock Suitcases on International Flight or Not?

PugetSoundguy wrote:
Thu Aug 16, 2018 5:18 pm
We just use disposable cable ties so the zipper on the bag won't accidentally slide open. Easy enough for the Customs/security people to clip if they need to look inside the bag.
+1
by timmy
Sun Aug 19, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 631
Views: 73334

Re: Picking College and College Scholarships

We left our son at Notre Dame today, closing off this portion of the journey. The school has a really nice ~2 day program for parents and family, including a tour of the football stadium. It eases the transition for the parents, and leaves with you drinking the Notre Dame kool aid. We actually got t...
by timmy
Sat Aug 11, 2018 8:36 am
Forum: Personal Consumer Issues
Topic: Device to listen to while exercising?
Replies: 23
Views: 1760

Re: Device to listen to while exercising?

Thank you all for your replies & options! Should have mentioned only a flip phone user, but good info should I ever go the iPhone/Android route. Starting off w/ seeing if there is someone in the family no longer uses their ipod. Thanks again! Haha. Old school. Respect! Locally here, you can borrow ...
by timmy
Sat Aug 11, 2018 8:25 am
Forum: Personal Consumer Issues
Topic: Device to listen to while exercising?
Replies: 23
Views: 1760

Re: Device to listen to while exercising?

Too lazy to read the full thread ... apologize if redundant I use my IPHONE. The best investment I made was in a good pair of Bluetooth headphones. Not dealing with a cord has been a game changer. EDIT I bought mine from Dick's (brick and mortar). But something like this might work. https://www.amaz...
by timmy
Mon Aug 06, 2018 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Dear BH, what are non-BH [financial] actions you do?
Replies: 71
Views: 4811

Re: Dear BH, what are non-BH actions you do?

Smoke Cuban cigars

Light em using $100 bills
by timmy
Sat Aug 04, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: Minivan Vs SUV Experience
Replies: 111
Views: 7449

Re: Minivan Vs SUV Experience

Minivan. As a family haulers, an SUV can't touch it.

In terms of the stigma with minivans, and there is stigma, sometime between the age of 20 to 25 nature turns us all uncool. (It's science, for sure.) So own it and move on :sharebeer
by timmy
Thu Aug 02, 2018 4:27 pm
Forum: Personal Consumer Issues
Topic: ACT test - got 34, try for 36?
Replies: 61
Views: 5531

Re: ACT test - got 34, try for 36?

It's ridiculous to think the difference between a 34, 35, or 36 matters. What matters more is high school grades and taking the strongest classes available, recommendation letters, what your application reveals about you, and to some degree, your activities outside of academics( sports, volunteerin...
by timmy
Thu Aug 02, 2018 4:22 pm
Forum: Personal Consumer Issues
Topic: ACT test - got 34, try for 36?
Replies: 61
Views: 5531

Re: ACT test - got 34, try for 36?

On a personal note, my oldest is going into college this fall. He got a 36 (similar performance on SAT). I doubt his score was anymore helpful than a 34. In fact, his dream school was MIT. He did not get in. A friend of his got into MIT with a 32 or 33. While she was (per tests) a lower performer, ...
by timmy
Thu Aug 02, 2018 11:09 am
Forum: Personal Consumer Issues
Topic: ACT test - got 34, try for 36?
Replies: 61
Views: 5531

Re: ACT test - got 34, try for 36?

Stop the madness! We are going through this process right now as I’m writing this at a hotel near Clemson. Do your research on the schools your son/daughter is interested in attending. Each schools website will tell you if they super-score the SAT (most do), the ACT (most don’t) and typically what ...
by timmy
Sun Jul 29, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Pay for college with cash flow
Replies: 78
Views: 5245

Re: Pay for college with cash flow

Living in Florida I was able to purchase 2 Florida Pre paid plans. This was a great investment. They now are both using the college plan. This is the only investment I made for their college. But it was cheap and backed by the state of Florida. I don't think I would of ever invested in a 529 when I...
by timmy
Sat Jul 28, 2018 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Pay for college with cash flow
Replies: 78
Views: 5245

Re: Pay for college with cash flow

Good topic. Good posts. Our oldest is heading off to school this year. I have two more in the pipeline. We have some funds in 529 but we were not aggressive enough, not nearly. Overall, we are in good shape: retirement savings, emergency, house is paid off, etc. We are mostly cash flowing college. W...
by timmy
Sat Jul 21, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: New book based on Millionaire Next Door
Replies: 120
Views: 16422

Re: New book based on Millionaire Next Door

http://www.thomasjstanley.com/

That's Dr. Stanley's website. As noted, his daughter (soon to be coauthor) has been posting since 2015. Her posts echo his themes. She seem like a good writer. That's positive for the book.
by timmy
Wed Jul 18, 2018 10:05 am
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 115
Views: 8685

Re: Any Boglehead powerlifters?

I have been lifting for about 20 years, but have gotten to the point whereby it takes months for me to increase the Wright on the bar - but still pushing. PRs are below Squat - 495 Dead - 475 Bench - 335 Press - 205 That bench PR is from years ago and do not really do it much due to shoulder issues...
by timmy
Mon Jul 16, 2018 7:41 am
Forum: Personal Finance (Not Investing)
Topic: New book based on Millionaire Next Door
Replies: 120
Views: 16422

Re: New book based on Millionaire Next Door

Thank you for sharing this. I really enjoyed these books...certainly the first two anyway. I'm surprised to see this new title, as I believe that Mr. Stanley died a few years ago in a car accident. This leads me to question how good this new title will be, but I'll certainly check it out. Here is w...
by timmy
Mon Jul 16, 2018 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Anyone not have a Budget?
Replies: 115
Views: 7473

Re: Anyone not have a Budget?

We look at our monthly outflow about every 6 months. And adjust as needed ... based on sloppy spending/habits or something that we need to save for. A few years ago we tightened things up to pay off the house. More recently the focus has been on getting the right amount in retirement and funding col...
by timmy
Mon Jul 16, 2018 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Google Sheets has an easy to use Budget worksheets - tip
Replies: 4
Views: 895

Re: Google Sheets has an easy to use Budget worksheets - tip

At work, we always used Excel. Since retiring and getting into the Chromebook, I have been working with Google Sheets. At first, I thought it was a watered down imitation of Excel. That was before I learned everything it can do: https://courses.benlcollins.com/p/advanced30 https://support.google.co...
by timmy
Mon Jul 16, 2018 7:03 am
Forum: Personal Finance (Not Investing)
Topic: New book based on Millionaire Next Door
Replies: 120
Views: 16422

New book based on Millionaire Next Door

https://www.amazon.com/gp/product/1493035355 [link formatted by admin LadyGeek] The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover – October 1, 2018 by Thomas J. Stanley Ph.D. (Author), Sarah Stanley, Ph.D Fallaw (Author) Over the past 40 years, Tom Stanley and his da...
by timmy
Sun Jul 15, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: Which minivan?
Replies: 56
Views: 5794

Re: Which minivan?

2017 Kia Sedona. Very happy with it
by timmy
Sun Jul 15, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Google Sheets has an easy to use Budget worksheets - tip
Replies: 4
Views: 895

Google Sheets has an easy to use Budget worksheets - tip

Just this year, I "discovered" Google Sheets. It's very handy. It's like Excel, but online You can access it via internet browser or an APP The phone APP is useful for basic data entry, less useful for the full experience There are a bunch of easy to use, very relevant templates This past year, I us...
by timmy
Sat Jul 14, 2018 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 631
Views: 73334

Re: Picking College and College Scholarships

There was a lot of discussion on how to differentiate yourself when applying to school. I thought this book was interesting. https://www.amazon.com/gp/product/0767932587/ How to Be a High School Superstar: A Revolutionary Plan to Get into College by Standing Out (Without Burning Out) What if getting...
by timmy
Sat Jul 14, 2018 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 631
Views: 73334

Re: Picking College and College Scholarships

bryansmile wrote:
Mon May 14, 2018 8:20 am
OP, thanks a bunch for your posts and answering questions, both online and in PM, from confused parents of high school seniors. I personally benefited from your posts and received lots of help from you. Thank you!
Thank you!
by timmy
Mon Jul 02, 2018 8:31 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 115
Views: 8685

Re: Any Boglehead powerlifters?

Turbo29 wrote:
Mon Jul 02, 2018 4:46 pm
62yo, 5'10", 194lb. Only do free weights, no machines.

Bench press 200x1
Standing press 135x1
Squat 315x1
Deadlift 385x1

Long arms help my deadlift and hurt my presses.
Bravo!
by timmy
Mon Jul 02, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 34785

Re: What is/ was your career and would you recommend it now?

International Man of Mystery! Yeah, baby!
by timmy
Mon Jul 02, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 115
Views: 8685

Re: Any Boglehead powerlifters?

Former competitive powerlifter. I am also a USA weightlifting certified olympic lifting coach, but I never did it competitively. I can still deadlift nearly 3x bodyweight, but injuries (and age) have made it contraindicated for me to squat or press any significant weight and my goals now lean far t...
by timmy
Mon Jul 02, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 115
Views: 8685

Re: Any Boglehead powerlifters?

I incorporate deadlifts. I am working up to 2x my body weight for 1 rep. I was training it 2x per week but dropped to 1x (training for a triathlon now so needed to cut back). I was using a 5x5 progression. 1x per week I would lift max. The other day would be much lower weights. I'm scared that my ag...
by timmy
Sun Jun 03, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 18954

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

Another option to consider. My son is (just starting to) exploring this right now. So the details are sketchy. He will be working for a small insurance company this summer (computer and math stuff). Anyway, they said if it works out this summer and it is agreeable to both sides, he would keep doing ...
by timmy
Sat Jun 02, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 18954

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

It depends: Athletic scholarships are a whole other thing. My comments don't take these into account. Does the school operate need based or merit based? Most of the private elite schools are need based now. In short, they have a formula for determining what you'll pay. For example, if your household...
by timmy
Sat May 26, 2018 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Restricted Stock Units and Stock Options Strategy
Replies: 21
Views: 2125

Re: Restricted Stock Units and Stock Options Strategy

Should I sell these today, and capture the $10K profit less fees and taxes or let it run? My sense is to sell and diversify or spend or whatever. Someone above mentioned waiting until year 8. I don't fully understand the why on that. Thank you again. I struggled with this for a while also. Receivin...
by timmy
Sat May 26, 2018 8:11 am
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 293
Views: 25256

Re: Do people still use AAA?

Yes. I fabulous value. My wife drives on the highway a lot. She has no desire to change a tire, etc. It happens once a year (flat, something) that we call AAA. It's a small amount for the peace of mind. I use it when I have issues on the highway. I will not change the flat if it is one the highway s...
by timmy
Thu May 03, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Restricted Stock Units and Stock Options Strategy
Replies: 21
Views: 2125

Re: Restricted Stock Units and Stock Options Strategy

I hit "sell" on the RSUs this morning. Question on the options or maybe a clarification from above (made up numbers): I have 100 shares at a strike price of $100. The market price is $200. I was given these 3 years ago, and I can sell them today. I can wait up to 10 years to sell (7 years from now)....
by timmy
Wed May 02, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Restricted Stock Units and Stock Options Strategy
Replies: 21
Views: 2125

Restricted Stock Units and Stock Options Strategy

I sell my RSUs and Stock Options as soon as I can. Other than maybe tax implications, is it a sound strategy? My why? I feel the need to: 1) sell to actualize the gains. 2) for the proceeds that I want to invest, I invest according to my overall strategy (mostly stock/ bond index funds). 3) The comp...
by timmy
Sun Apr 22, 2018 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 631
Views: 73334

Re: Picking College and College Scholarships

Final decision = Notre Dame :sharebeer

A couple of folks have requested a "lessons learned" from our process. I'll post something in May. As noted before, if you'd like something more granular, feel free to "PM me".

Thank you for all the feedback.
by timmy
Wed Apr 18, 2018 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Terminal illness with small kids
Replies: 64
Views: 11817

Re: Terminal illness with small kids

Bad news = She died this past weekend. Good news = She was able to go home, and had a really good 2 to 3 days (relative to situation). The family has collected about $25K. $15K was given to the husband for funeral expenses, etc. The other $10K is being held until after the burial, etc. I believe the...
by timmy
Sun Apr 01, 2018 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 631
Views: 73334

Re: Picking College and College Scholarships

Congrats to your son! Great schools that will all open many doors. What type of argument/ask do you make? Is it like, "You may not have heard, but I'm a national merit finalist now so I assume you will increase your scholarship offer?" Negotiated graduate school scholarships. All schools were in a ...