Search found 148 matches

by Dopey
Sun Jul 30, 2017 9:37 pm
Forum: Personal Consumer Issues
Topic: What are your monthly expenses?
Replies: 69
Views: 8322

Re: What are your monthly expenses?

Family of 4. Monthly budget looks something like this: Vacations: $1,500 Restaurants: $1,200 School tuition: $1,000 Rent and utilities: $900 Groceries: $500 Childcare: $400 Toys/books: $200 Other, necessities (cell, etc.): $300 Other, discretionary (mostly stuff for wife's closet): $1,500 Total: $7...
by Dopey
Sun Jul 30, 2017 9:36 pm
Forum: Personal Consumer Issues
Topic: What are your monthly expenses?
Replies: 69
Views: 8322

Re: What are your monthly expenses?

Family of 4. Monthly budget looks something like this: Vacations: $1,500 Restaurants: $1,200 School tuition: $1,000 Rent and utilities: $900 Groceries: $500 Childcare: $400 Toys/books: $200 Other, necessities (cell, etc.): $300 Other, discretionary (mostly stuff for wife's closet): $1,500 Total: $7...
by Dopey
Sun Jul 30, 2017 9:35 pm
Forum: Personal Consumer Issues
Topic: What are your monthly expenses?
Replies: 69
Views: 8322

Re: What are your monthly expenses?

LFKB wrote:Monthly expenses would look something like this

Mortgage/property taxes - $10k
Restaurants/bars - $3k
Travel - $3k
Clothes/furniture/electronics - $1k
Insurance - $700
TV/internet/utilities - $700
Miscellaneous - $1600
Savings - $40k
Taxes - $50k :(
Sweet lord.
by Dopey
Wed Jul 26, 2017 3:11 am
Forum: Investing - Theory, News & General
Topic: NY Times - Three Things I Should Have Said About Retirement Planning
Replies: 11
Views: 3464

Re: NY Times - Three Things I Should Have Said About Retirement Planning

I couldn't believe it when he said that he advised 65 year olds with insufficient retirement funds to save only 10% of their income between then and age 70. Delaying SS until age 70 makes total sense, but a 10% savings rate when you know you're in trouble with not much time left? How likely will su...
by Dopey
Sun Jul 16, 2017 11:22 am
Forum: Personal Consumer Issues
Topic: Teeth Whitening
Replies: 21
Views: 3588

Re: Teeth Whitening

https://www.amazon.com/Natural-Whitenin ... B00EZ6TUXS

Given the cost, I'll be trying this at some point. Lots of reasonable reviews.
by Dopey
Sun Jul 02, 2017 6:27 am
Forum: Investing - Theory, News & General
Topic: When Did You Start Investing Your Own Money?
Replies: 47
Views: 4101

Re: When Did You Start Investing Your Own Money?

21 in a Scottrade account due to a college class. Made some easy money due to stock picking being easy during the great Recession. This account has since been liquidated.

23 in a Roth IRA & 401K after I got my first "real job".
by Dopey
Sat Jun 03, 2017 3:27 pm
Forum: Personal Consumer Issues
Topic: Book - The New Retirementality
Replies: 26
Views: 4334

Re: Book - The New Retirementality

what exactly are you going to do with an extra 40 + hours per week of time I can think of a million other things I'd rather do than come to work 5 days/week. Whenever I hear somebody say they love work and they will never quit, or I see people in their late 60s and 70s working, I just wonder if the...
by Dopey
Wed Dec 28, 2016 7:48 am
Forum: Investing - Theory, News & General
Topic: Does Vanguard always have our best interests in mind?
Replies: 55
Views: 5552

Re: Does Vanguard always have our best interests in mind?

Full disclosure, did not read the thread, but I feel like every large organizations priorities are as follows: 1) Their own bottom line 2) Shareholders 3) Customers Granted, if one of those 3 isn't doing well or agree with the direction of the company or value the product/service provided, likely th...
by Dopey
Wed Dec 28, 2016 7:41 am
Forum: Personal Consumer Issues
Topic: TV in the bedroom?
Replies: 82
Views: 7432

Re: TV in the bedroom?

Not to be a judgey prick, but I can't imagine a TV in the bedroom. The fake light while you're in bed would be terrible for my sleeping habits and even the little bit of noise from it would bother both my wife and myself. I'm a firm believer that the bedroom is for sleeping. No TV, cell phone, study...
by Dopey
Wed Dec 28, 2016 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Monthly Expenses in line or too much
Replies: 81
Views: 8690

Re: Monthly Expenses in line or too much

I don't even bring home that much per month. Married with a wife in school full time and a 2 year old. Also save 15℅ into 401k, max my IRA, and max our HSA every month. Only debt we have is some recent student loans to finish out my wife's degree. We've got a nice enough home and 2 paid off cars bui...
by Dopey
Mon Dec 05, 2016 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: How much risk do we need to take? Retired at age 47.
Replies: 56
Views: 7426

Re: How much risk do we need to take? Retired at age 47.

I'd go big. If anything works, maximize your gains and leave a legacy. But I'm young,reckless, and it's not my money.

80/20
by Dopey
Sun Nov 06, 2016 7:44 am
Forum: Personal Finance (Not Investing)
Topic: 27/m. Wanting to Quit My Job. Any Words of Wisdom?
Replies: 55
Views: 7692

Re: 27/m. Wanting to Quit My Job. Any Words of Wisdom?

Going from college where your schedule changes every 4 months and you're surrounded by friends (and girls) to a full time job where you know in the back of your mind you could conceivably be at for the next 40 years is a hard and depressing transition. I had lots of little crisis. I job hoped 3 time...
by Dopey
Fri Aug 19, 2016 9:14 pm
Forum: Personal Consumer Issues
Topic: Instant oatmeal vs "regular" oatmeal
Replies: 88
Views: 10869

Re: Instant oatmeal vs "regular" oatmeal

This forum sometimes

:oops:
by Dopey
Tue Aug 09, 2016 8:08 pm
Forum: Personal Consumer Issues
Topic: Best Crossover SUV to purchase
Replies: 146
Views: 20549

Re: Best Crossover SUV to purchase

Goodness. It is only a vehicle. Pick one, move on, and worry about something else.

My only other cynical advise, is make sure you're not letting your friends tell your what you should buy. I'm cheap, but I have very good taste for my friend's vehicles...
by Dopey
Sun Aug 07, 2016 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth it? [Should I retire?]
Replies: 58
Views: 7699

Re: Is it worth it? [Should I retire?]

I recently visited a friend in the hospital. He retired about 1 year ago at age 75. He lives in a beautiful home, has several exotic cars, seven (7) income properties, plenty of $$ in stocks, a large pension...you get the idea. One day at home he tripped and fell and broke 5 ribs and punctured a lu...
by Dopey
Sat Jul 16, 2016 8:14 am
Forum: Personal Consumer Issues
Topic: 23 year old... Can I afford a Rolex?
Replies: 213
Views: 37797

Re: 23 year old... Can I afford a Rolex?

BogleBoogie wrote:Most cellular phones have built in clocks. I would skip a wrist watch and just look at your phone when you need to know the time.
:|
by Dopey
Sun Jul 10, 2016 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Trust Fund Kid
Replies: 63
Views: 7280

Re: Trust Fund Kid

Maybe I am a terrible person, but I, too, care about ROI. Not so much ROI for ME as the parent, but ROI for the kid and their future children. You spend countless hours, and money, to get your kids to have it better than you do and to have that squandered, without knowing whether it is temporary or...
by Dopey
Sun Jul 10, 2016 5:56 am
Forum: Personal Finance (Not Investing)
Topic: Trust Fund Kid
Replies: 63
Views: 7280

Re: Trust Fund Kid

I don't have any advice, but I disagree with the other posters...I would be worried. I agree. Surprised how many "laid back" posters came out of the wood work. I would definitely stop any and all support obviously. Beyond that, nagging is probably counterproductive. He's most likely going to need t...
by Dopey
Sat Jul 09, 2016 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling stuck in Career/ Portfolio review
Replies: 31
Views: 4662

Re: Feeling stuck in Career

What have you done to deserve a raise? My guess is you have similar responsibilities and skills as most people with your 2 year degree. The way to get raises is do more. Further your education or take on more responsibility at work and succeed, which is probably difficult to do in your very focused ...
by Dopey
Wed Jun 29, 2016 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Where were you financially when you were at 30?
Replies: 226
Views: 31736

Re: Where were you financially when you were at 30?

I'm 30 as of last week, wife is 27. She has one year left of her masters, I'm finished with mine. She's a stay at home mom, full time student with our 2 year old. I work full time. I make $88k. No debt other than $158k mortgage on a house worth $205k. $25k emergency fund. $185k in retirement account...
by Dopey
Sun Jun 26, 2016 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Time the Market
Replies: 6
Views: 811

Re: Time the Market

With my only debt being my mortgage and my more than stable job, my desire to replenish my emergency fund is more just to get back to the nice round number I like it at than anything else. I put a little in every month so I'll get it back there eventually. If I suspended my Roth IRA investments and ...
by Dopey
Sat Jun 25, 2016 6:03 am
Forum: Investing - Help with Personal Investments
Topic: Time the Market
Replies: 6
Views: 811

Time the Market

I need to replenish my emergency fund by $1500 dollars. I was going to suspend my IRA and lower my 401k contributions this month. I still have 6+ months of "as-is" living expenses stored, 8+ months of "tighten the belt" living expenses. Should I wait bit and make sure i hit on this low blip in the m...
by Dopey
Sun Jun 19, 2016 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Question
Replies: 5
Views: 759

Re: Pension Question

Too many unknowns here , the 30 grand looks high , how is leaving early defined ? , and the 5 grand could just be what they want to pay out in cash for early quits , there still could be a deferred annuity involved , etc. etc. "Early" is anytime before the allowed retirement age, which i believe th...
by Dopey
Sun Jun 19, 2016 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Pension Question
Replies: 5
Views: 759

Pension Question

My wife will be finishing up her advanced medical degree (not MD) and entering the workforce in 12 months. I may be forced to leave my current employer to find a community where we can both work, although that's not necessarily either of our preferences. I'm an early 30's professional salary employe...
by Dopey
Mon Jun 13, 2016 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: HSA- how much do you actually invest?
Replies: 42
Views: 4828

Re: HSA- how much do you actually invest?

I have 1.5 years of my max out of pocket in cash and have now started investing 50% of my new contributions into an S&P 500 fund. I'd like to get to 2 years of cash in my fund before going all into investments for some unknown reason of mine
by Dopey
Tue Jun 07, 2016 8:11 pm
Forum: Investing - Theory, News & General
Topic: What are your friends saying about you?
Replies: 127
Views: 14726

Re: What are your friends saying about you?

This is actually a very important question! (I've thought about this a lot) I try super hard not to become a target. Keep a very low profile. Do not be flashy in any way (no corvettes). Blend in. I do not share with anyone my net worth. I'm frugal & broke. Besides Bogleheads I tell no one how I inv...
by Dopey
Tue Jun 07, 2016 7:26 pm
Forum: Investing - Theory, News & General
Topic: What are your friends saying about you?
Replies: 127
Views: 14726

Re: What are your friends saying about you?

They say I'm hairy and sweat an abnormally high amount along with being generally frugal.
by Dopey
Tue Jun 07, 2016 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: leadership buzzwords
Replies: 14
Views: 1750

Re: leadership buzzwords

These words make you successful? My favorite executives at my company talk like a normal human being without all the corporate [stuff - moderator prudent].
by Dopey
Sun May 22, 2016 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: How do I invest in artificial intelligence?
Replies: 59
Views: 5162

Re: How do I invest in artificial intelligence?

If we design an AI that is capable of recursively designing a better AI, what do you think the result of that will be? We could see the 12% stock returns that Dave Ramsey talks about! Or a cure for cancer, faster than light travel, and better tasting toaster pastries. But I think the super intellig...
by Dopey
Sun May 22, 2016 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs Wellington & Wellesley
Replies: 4
Views: 1415

Re: Fidelity vs Wellington & Wellesley

Compares how? Similar in cost? Past performance? Holdings (sector balance, stock/bond split)? Risk exposure (market/size/value/term/credit risk taken, maybe others)? Investment philosophy? Future performance? Some kind of blend of the above? Or what? Oh Bogleheads. Always requiring a fully and comp...
by Dopey
Sun May 22, 2016 8:29 am
Forum: Personal Finance (Not Investing)
Topic: What age did you reach 100K networth?
Replies: 299
Views: 65259

Re: What age did you reach 100K networth?

Without my mortgage or home equity, probably about 27.

Including both of those items, probably this year at 30.
by Dopey
Sun May 22, 2016 8:07 am
Forum: Investing - Help with Personal Investments
Topic: How do I invest in artificial intelligence?
Replies: 59
Views: 5162

Re: How do I invest in artificial intelligence?

Someone's been binge watching "Humans" on amazon prime
by Dopey
Sat May 14, 2016 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: No 401k at work and $60k in taxable account. Besides IRA and HSA, where could I move this money for tax protection?
Replies: 11
Views: 1193

Re: No 401k at work and $60k in taxable account. Besides IRA and HSA, where could I move this money for tax protection?

Personally, I'd look for a different job. A 401k is a pretty standard benefit offered by most employers and can be extremely valuable.

Based on my current salary, my company will be putting $8700 into my 401k. This is on top of the $12k-ish I will be depositing into the account.
by Dopey
Fri May 13, 2016 6:59 pm
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 96
Views: 14830

Re: Jim Cramer doesn’t beat the market

So he's lagged the S&P by less than 1% over the last 15 years? I bet most of our Boglehead portfolios have lagged by more than that with our conservative asset allocations.
by Dopey
Sun May 08, 2016 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Home refi vs 401k savings
Replies: 8
Views: 945

Re: Home refi vs 401k savings

Why would you refinance into a higher interest rate? Plus, you and I both know you wouldn't consistently save EVERY penny you "saved" by doing so.
by Dopey
Sun May 08, 2016 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling Burnt out at work, Is it time to look for another job?
Replies: 17
Views: 5230

Re: Feeling Burnt out at work, Is it time to look for another job?

Working from home with a month of vacation should make it pretty easy to apply and interview. Didn't mean you have to take any given job, and you might be surprised by competitive salaries. I couldn't work from home. I'm too high strung and would never feel like I punched out. That's a commonly ment...
by Dopey
Tue Mar 29, 2016 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Which Engineering Discipline for the next 20+ years !!!
Replies: 122
Views: 10769

Re: Which Engineering Discipline for the next 20+ years !!!

What kind of stuff does he like to build in the basement in his spare time? I dislike this stigma. I think it pushes people away from engineering. While I'm mechanical and handy "enough" I'm far from a creative tinkerer. I don't even see myself working in engineering forever, but I'm glad I did the...
by Dopey
Fri May 01, 2015 9:31 pm
Forum: Personal Consumer Issues
Topic: What sort of MBA is right for me?
Replies: 13
Views: 1874

Re: What sort of MBA is right for me?

Thank you all for the replies! To answer some of your questions and comments: -My understanding is that there is no substantive financial aid for part-time and online programs. -I am open to career change in theory, but I'm not after the Bain or Goldman job your usual HBS grad is targeting. -My emp...
by Dopey
Wed Apr 22, 2015 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Transmission oil one inch over the full line would that be a
Replies: 19
Views: 3176

Re: Transmission oil one inch over the full line would that

I don't know how much volume an inch on the dipstick is. It seems like a lot.

Overfilling just a bit might cause it to foam up or leak a bit, but won't cause any permanent issues.
by Dopey
Wed Apr 22, 2015 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Transmission oil one inch over the full line would that be a
Replies: 19
Views: 3176

Re: Transmission oil one inch over the full line would that

Are you checking it while the vehicle is running on level ground?
by Dopey
Tue Apr 21, 2015 8:06 pm
Forum: Investing - Theory, News & General
Topic: "How much of your portfolio is in index funds, and why?"
Replies: 91
Views: 12707

Re: "How much of your portfolio is in index funds, and why?"

About 2/3 in index funds. The other 1/3 in active funds is by choice. It's all in Wellington. I only hold Wellington because it is still much cheaper than most, challenges the fact that active funds can't beat indexes over the long haul, and I always figure diversification is good. Even in terms of ...
by Dopey
Fri Apr 17, 2015 8:13 am
Forum: Personal Finance (Not Investing)
Topic: [Financial] Tips for Post-College Lifestyle
Replies: 53
Views: 4993

Re: Tips for Post-College Lifestyle

preciseman wrote:
JDDS wrote:Where are you going to be living? e..g with parents, with roommates, etc.
Parents! Moving in to the old place :).
Is it really retiring at thirty if you're still in your parents basement?.....
by Dopey
Sun Feb 01, 2015 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Priorities...
Replies: 14
Views: 2492

Re: Priorities...

Oh gracious.... just looked up myself how much the program she wants to do costs. Forget reducing contributions, I'll need to take up a 2nd, 3rd, and 4th job. :annoyed

Regardless, thanks for the insight.
by Dopey
Sat Jan 31, 2015 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: Priorities...
Replies: 14
Views: 2492

Re: Priorities...

Should I reduce the 401k and beef up my wife's 529 to save my pride an avoid a 0% interest loan?? I would have no objection to accepting a 0% loan as long as I didn't feel like I was being held hostage in some other way. It might even make the lender feel good, too. Do you get a state tax break on ...
by Dopey
Sat Jan 31, 2015 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Priorities...
Replies: 14
Views: 2492

Re: Priorities...

Hi Dopey, It looks like you are doing well with your plan if you are pinching hard to save what you can and ending up trying to fill the second IRA. I have two thoughts but neither are significant. 1) Can you take the E fund down to 6 months and pay off the car? Assuming your necessities come to $2...
by Dopey
Sat Jan 31, 2015 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Priorities...
Replies: 14
Views: 2492

Priorities...

Hello all, I have a question about what to do with the money I am making. I don't want to make this a full on portfolio review, because you guys already got me on the right track in that regard a few years ago. We're mid to late 20's. Below is a high level view of what we're doing with our money: Ex...
by Dopey
Sun Jan 04, 2015 6:25 pm
Forum: Personal Consumer Issues
Topic: Post your 2015 New Year's Resolutions ITT
Replies: 38
Views: 4862

Re: Post your 2015 New Year's Resolutions ITT

Not really a resolution, but I just finished up my masters degree. In completing that, I haven't gotten to fix up our home like I had originally planned. I made a list today of items I'd like to do to our home (new flooring in the guest bathroom, various landscaping items, new light fixtures, projec...
by Dopey
Sun Jan 04, 2015 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Roth or Trad Help
Replies: 5
Views: 593

Roth or Trad Help

Hello all, Prior to this year, my wife had either worked full or part time, placing us solidly in the 25% tax brkt. During this time (right, wrong, or otherwise) we both maxed our Roth IRAs. I liked the tax diversity it gives in conjunction with our traditional 401ks. In 2015, she will be staying at...
by Dopey
Tue Oct 07, 2014 8:39 pm
Forum: Investing - Theory, News & General
Topic: When people put all their eggs in the wrong basket
Replies: 243
Views: 45922

Re: When people put all their eggs in the wrong basket

Wow.... with work being crazy, taking online masters classes, a new baby, and everything else... this makes me glad I found this message board and haven't even looked at my account balances in a couple months. I couldn't imagine having the stress of wondering if my entire retirement account would di...
by Dopey
Tue Jul 22, 2014 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Bloomberg rates Large Company 401k plans
Replies: 22
Views: 3014

Re: Bloomberg rates Large Company 401k plans

My company is ranked in the 70's, but the information isn't entirely accurate. Knowing so, I would expect it to be ranked higher.