Search found 334 matches

by WendyW
Sun Jun 21, 2015 10:18 am
Forum: Investing - Theory, News & General
Topic: When saving money becomes an irrational obsession
Replies: 157
Views: 32243

When saving money becomes an irrational obsession

.
"Saving is usually portrayed as a virtue. But for some people, saving becomes an obsession. Long after they have achieved financial freedom and can afford whatever indulgences they desire, they continue to squirrel away cash."

http://www.theglobeandmail.com/globe-in ... e24949946/
by WendyW
Thu Jan 01, 2015 1:55 pm
Forum: Investing - Theory, News & General
Topic: 2014 BOGLEHEAD CONTEST WINNER
Replies: 23
Views: 3244

Re: 2014 BOGLEHEAD CONTEST WINNER

S&P 500 Blew the Top Off Wall Street’s Expectations in 2014 m Most of Wall Street didn’t see 2014’s stock surge coming. With its close at 2058.90 Wednesday, the S&P 500 ended the year up 211 points from where it started. That was good for an 11.4% gain, nearly double the average expectation...
by WendyW
Mon Mar 03, 2014 8:58 pm
Forum: Personal Consumer Issues
Topic: google.com/flights
Replies: 14
Views: 2552

Re: google.com/flights

VictoriaF wrote:I use Google flights to find airlines offering the best prices for my dates of travel and then I buy tickets directly from the airlines.

This ^

Once I've found my flight, I don't know any reason to book via Expedia, Orbitz, Travelocity.
by WendyW
Mon Mar 03, 2014 8:53 pm
Forum: Forum Issues and Administration
Topic: Bogleheads.org Home Page Updated
Replies: 230
Views: 73020

Re: Bogleheads.org Home Page Updated

If you revert back to the previous design once any three users have complained about a new feature, you're very quickly going to be back to the original layout.
by WendyW
Mon Feb 24, 2014 10:55 pm
Forum: Personal Consumer Issues
Topic: Roku - Does everything cost $$?
Replies: 27
Views: 8815

Re: Roku - Does everything cost $$?

Just got a Roku today to try out and hooked it up. Haven't explored everything yet, but I'm surprised that everything I've checked out has a pricetag, TV shows and all. What is actually free on Roku that's worth watching? Is there any alternative to Roku that doesn't have it's hand in your wallet a...
by WendyW
Mon Feb 24, 2014 10:50 pm
Forum: Personal Consumer Issues
Topic: Roku - Does everything cost $$?
Replies: 27
Views: 8815

Re: Roku - Does everything cost $$?

SHB wrote:Everything that's normally free online (abc.com, nbc.com,fox.com etc) Roku is an aggregator media server with dvr capabilities not a content provider.

Almost all of this is incorrect, as far as I'm aware. I suspect that you've never owned or used a Roku.
by WendyW
Wed Feb 12, 2014 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax 10% Amazon Credit on refund
Replies: 19
Views: 3466

Re: TurboTax 10% Amazon Credit on refund

If you were getting the gift cards to actually give out as gifts throughout the year, then it would be a great deal.

I suspect that the majority of people between the ages of 7 and 70 would prefer an Amazon gift card to most other gifts.
by WendyW
Wed Feb 12, 2014 5:52 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax 10% Amazon Credit on refund
Replies: 19
Views: 3466

Re: TurboTax 10% Amazon Credit on refund

Were there any catches with this? Hidden fees? How long will it take to get the gift cards/refunds (any longer than usual)? I plan on taking advantage of this in a big way this year--we're due a huge refund due to many life events and we do about 50% of our shopping at Amazon. The catch is that if ...
by WendyW
Mon Feb 03, 2014 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Living in retirement: 7 things I wish I could tell myself...
Replies: 47
Views: 10026

Re: Living in retirement: 7 things I wish I could tell mysel

kenschmidt wrote:I read an article a couple of years ago that estimated the value of a stay at home spouse was nearly $100k/yr.

The labor market disagrees; a fulltime live-in nanny costs $20k/yr or less.
by WendyW
Sun Feb 02, 2014 7:48 am
Forum: Personal Consumer Issues
Topic: Keeping internet provider without price hikes
Replies: 53
Views: 6193

Re: Keeping internet provider without price hikes

I was paying $120 for cable TV + Internets.

A couple years back I dumped the cable TV part and bought a $10 set of rabbit ears antenna.

Now my monthly bill (for internet-only) is $50.

Plus $8/mo for Netflix or Hulu Plus.
by WendyW
Fri Jan 31, 2014 12:45 am
Forum: Personal Consumer Issues
Topic: Amazon - now $35 for free shipping (was $25)
Replies: 94
Views: 11216

Re: Amazon - now $35 for free shipping (was $25)

Hmm, they just effectively raised the price of "Free Shipping." How long do you think Amazon Prime will stay at $79? My guess is months rather than years. I doubt it. I interviewed for a job at Amazon in Seattle last month, and Two of the interviewers asked me to spell out the pros and co...
by WendyW
Fri Jan 17, 2014 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Any reason to still write checks?
Replies: 76
Views: 4476

Re: Any reason to still write checks?

Girino wrote:I do for groceries

Grandpa, is that you ?
by WendyW
Thu Jan 16, 2014 2:50 pm
Forum: Personal Consumer Issues
Topic: Letting go: Classic textbooks
Replies: 54
Views: 5428

Re: Letting go: Classic textbooks

' I sold all of my engineering texts the week the class was over. Made several thousand dollars this way. Win! Some of my classmates didn't sell their textbooks, and have been hauling 100 lbs of old books around since graduation. The moral of the story is: Sell stuff immediately after you're done wi...
by WendyW
Tue Jan 14, 2014 11:34 am
Forum: Investing - Theory, News & General
Topic: "Gold to tank in 2014: Goldman Sachs"
Replies: 112
Views: 13188

Re: "Gold to tank in 2014: Goldman Sachs"

Browser wrote:Maybe this prediction will be right. I've been looking for someone with a crystal ball that works.

If they could've told us about the 2013 price drop from $1700/oz to $1200/oz, that would've been handy.

Instead, Goldman predicted that the price of gold would rise to $1,810/oz in 2013.
by WendyW
Tue Jan 14, 2014 11:07 am
Forum: Investing - Theory, News & General
Topic: "Gold to tank in 2014: Goldman Sachs"
Replies: 112
Views: 13188

"Gold to tank in 2014: Goldman Sachs"

Bad news for “gold-bugs”—bullion’s current beginning-of-the-year rally will not only lose steam, but prices could drop sharply by the end of 2014, according to Goldman Sachs’ Jeffrey Currie. Currie, Goldman’s head of commodities research, told CNBC on Monday he had an end-of-year price target of $1...
by WendyW
Mon Jan 13, 2014 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: The Anti-Target Date Retirement Strategy
Replies: 48
Views: 4769

Re: THE ANTI-TARGET DATE RETIREMENT STRATEGY

Here's what I think is going on: In terms of expected returns, a 100% equity portfolio will generally perform best over time in a simulation. When you look at asset allocation over a person's lifetime, their asset allocation at age 20 and at age 90 isn't terribly important, because their nest egg is...
by WendyW
Wed Jan 08, 2014 5:01 pm
Forum: Forum Issues and Administration
Topic: Bogleheads.org Homepage
Replies: 76
Views: 6072

Re: Bogleheads.org Homepage

Count me as one who thinks the /forum webpage annoying and likes the simplicity of the listing of all the threads on m Agreed. I think that the format at m -- where you can see all of the current topics of discussion -- is ideal. Especially for new users, who will immediately be able to see all of ...
by WendyW
Wed Jan 01, 2014 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest $5,500 in Roth IRA in 2014?
Replies: 53
Views: 7503

Re: When to invest $5,500 in Roth IRA in 2014?

I had been planning to do my $5,500 Roth contribution tomorrow. But now -- with the giant year-end rally that just happened -- I'm thinking that it might make sense to wait a week or two, for the likely pullback in equity prices. http://www.numyspace.co.uk/~unn_u017567/images/extras/large/firesuit_l...
by WendyW
Wed Jan 01, 2014 11:24 am
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2014 BOGLEHEAD CONTEST
Replies: 537
Views: 28223

Re: 1790.29

BigFoot48 wrote:I'm going pessimistic. The S&P will drop by 3.1416% to 1790.29!

I'm with BigFoot48; I suspect that the S&P will end the year somewhat lower than it began.

Put me down for a 2014 S&P 500 close of 1777; a negative return... about -4%.
by WendyW
Tue Dec 31, 2013 10:40 am
Forum: Investing - Theory, News & General
Topic: Rebalancing the Permanent Portfolio
Replies: 28
Views: 2853

Re: Rebalancing the Permanent Portfolio

Is the 'Permanent Portfolio' Permanently Broken? m An investor who built the portfolio himself... would be down 15% for the year through last Friday. Obviously stocks have had a huge rally and are up almost 30% this year while gold is down almost that much and TLT is down 15%. ... The biggest obsta...
by WendyW
Tue Dec 31, 2013 10:24 am
Forum: Investing - Theory, News & General
Topic: Rebalancing the Permanent Portfolio
Replies: 28
Views: 2853

Re: Rebalancing the Permanent Portfolio

I suspect that most of the people that piled into the "Permanent" Porfolio over the past couple years have abandoned it already.
Turns out that backtesting is only good for predicting the past, and doesn't work well for predicting the future.
by WendyW
Sun Dec 29, 2013 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: A monkey could have made money in 2013
Replies: 14
Views: 3011

Re: A monkey could have made money in 2013

Your annual income is $16,000 ?
by WendyW
Sun Dec 29, 2013 8:33 am
Forum: Personal Consumer Issues
Topic: Favorite Christmas Gift
Replies: 43
Views: 3226

Re: Favorite Christmas Gift

carolc wrote:Having christmas dinner with (what's left of) my family.

carolc

Uh-oh. Ninja attack?
by WendyW
Sat Dec 28, 2013 6:20 pm
Forum: Personal Consumer Issues
Topic: Favorite Christmas Gift
Replies: 43
Views: 3226

Re: Favorite Christmas Gift

I only got one gift and it wasn't underwear nor socks, so I guess it has to be my favorite gift, by definition. I've gotten old enough that I now get excited by a big ole bundle of brand new socks. http://www.indepotflooring.com/yahoo_site_admin/assets/images/Men_s_Combed_Socks.330165711.jpg
by WendyW
Sat Dec 28, 2013 9:59 am
Forum: Investing - Theory, News & General
Topic: Do you think Warren Buffet was being irresponsible
Replies: 31
Views: 3881

Re: Do you think Warren Buffet was being irresponsible

Buffett has demonstrated time and time again that he has the discipline to buy equities when others are selling. The average investor, on the other hand, can be relied on to panic and sell equities when markets fall. This is why an all-equity portfolio makes sense for Buffett, but doesn't make sense...
by WendyW
Fri Dec 27, 2013 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: UPDATED***Help me decide on a new job offer!
Replies: 45
Views: 7125

Re: UPDATED***Help me decide on a new job offer!

My career has really taken off since the move highlighted by a couple promotions and a company sponsored MBA. I'm now earning ~2x - 2.5x what I was before the move, and I expect that will continue to increase. There's now a decent chance the wife and I will join the 2 comma club before age 30 Georg...
by WendyW
Thu Dec 26, 2013 10:01 pm
Forum: Personal Consumer Issues
Topic: Used Books
Replies: 30
Views: 2822

Re: Used Books

I've sold some books on Amazon, but generally it's not worthwhile from a strictly financial perspective.

Once I've paid Amazon it's cut, then paid for shipping, sometimes my profit is negative.
by WendyW
Tue Dec 24, 2013 9:26 am
Forum: Personal Consumer Issues
Topic: Got Mom a Kindle Fire HD! Top things I need to show her?
Replies: 19
Views: 1796

Re: Got Mom a Kindle Fire HD! Top things I need to show her?

Despite the Kindle name, the Fire tablets are not really intended for reading.

Go to the Amazon App Store and download some of the top free apps for her; Angry Birds, Candy Crush, Solitaire, etc.
by WendyW
Tue Dec 24, 2013 8:40 am
Forum: Investing - Theory, News & General
Topic: Shorting your own employer
Replies: 48
Views: 5224

Re: Shorting your own employer

Finance theory tells us that we should all short the shares of the companies we work for. Our employers, on the other hand, would like us to have a long position in the company. The practical solution is to accept the incentive shares and options from your employer, but to sell them off as soon as t...
by WendyW
Mon Dec 23, 2013 11:32 pm
Forum: Investing - Theory, News & General
Topic: Shorting your own employer
Replies: 48
Views: 5224

Re: Shorting your own employer

Were you around in 2000? The tech bust really wasn't all that bad, employment wise. Decent engineers still earned decent money after the crash and unemployment was still relatively low (peaked at around 6%, I believe). Only those on the low end of the skills spectrum really had much to worry about....
by WendyW
Sun Dec 22, 2013 7:28 pm
Forum: Personal Consumer Issues
Topic: OTA HDTV - Best antenna to use?
Replies: 54
Views: 12717

Re: OTA HDTV - Best antenna to use?

Try the $10 cheapy antenna first; I live in Podunk and still pull in more channels than I'm interested in watching.

Image
by WendyW
Tue Dec 17, 2013 9:55 pm
Forum: Personal Consumer Issues
Topic: U Penn Engineering choice
Replies: 14
Views: 1247

Re: U Penn Engineering choice

I wish I had these kinds of dilemnas. Penn is an extremely fancy school. Your kid's choice of engineering stream will probably not impact his success.

I did electrical engineering (at a far-less-fancy school), as at the time it had the reputation for being the most gruelling.
by WendyW
Sun Dec 15, 2013 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: Did I Choose Wrong? Defined Benefit vs Defined Contribution
Replies: 14
Views: 1981

Re: Did I Choose Wrong? Defined Benefit vs Defined Contribut

Partly depends how long you expect to live. If all of your grandparents lived to 90+, you probably made the wrong choice. If you stay with one employer for your entire career, Defined Benefit is almost always a sweet deal. In your case however, the DB plan seems maybe a little less-sweet than most (...
by WendyW
Mon Dec 02, 2013 9:46 am
Forum: Personal Consumer Issues
Topic: Canon S110 Digital Camera - $219
Replies: 19
Views: 2523

Re: Canon S110 Digital Camera - $219

BlueEars wrote:Maybe I'm wrong but I bought this Canon Elph 330 for my wife for Xmas.

I suspect that none of Canon's cameras are "bad".

This S110 model got particularly good reviews though; and tens of thousands were sold for $349-$449 over the last year
by WendyW
Sun Dec 01, 2013 1:57 pm
Forum: Personal Consumer Issues
Topic: Canon S110 Digital Camera - $219
Replies: 19
Views: 2523

Re: Canon S110 Digital Camera - $219

'
Ken Rockwell is indeed a bit of a nutter. On the other hand, most respected camera review sites agree with him about the S110.

http://www.dpreview.com/articles/236773 ... -cameras/4
http://www.imaging-resource.com/PRODS/c ... -s110A.HTM
by WendyW
Sun Dec 01, 2013 10:33 am
Forum: Investing - Theory, News & General
Topic: 2013 BOGLEHEAD CONTEST. One month to go. Lesson learned.
Replies: 20
Views: 2261

Re: 2013 BOGLEHEAD CONTEST. One month to go. Lesson learned.

Taylor Larimore wrote:61: Number of Bogleheads who out-guessed the best Wall Street Guru (Citigroup).

I don't think we should read much into this, except that the range of Boglehead guesses was wider than then range of Wall Street Guru guesses.
by WendyW
Sun Dec 01, 2013 9:14 am
Forum: Personal Consumer Issues
Topic: Canon S110 Digital Camera - $219
Replies: 19
Views: 2523

Canon S110 Digital Camera - $219

' A very highly-regarded and well-reviewed tiny pocket camera; on cyber Monday sale today at Amazon... Yesterday was $348, today $219... Black m Silver m White m (you have to put the camera in your cart to see the sale price) http://www4.pcmag.com/media/images/303223-canon-powershot-s110-angle.jpg h...
by WendyW
Wed Nov 27, 2013 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Should you reveal your salary to your coworkers?
Replies: 107
Views: 10015

Re: Should you reveal your salary to your coworkers?

As a government worker, my salary is public record. You can go to a website and see every raise I got, along with all my coworkers, managers, etc. It never has bothered me nor anyone else I've worked with. I suspect that it is very common in the private sector today for one employee to make 20% mor...
by WendyW
Tue Nov 26, 2013 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Should you reveal your salary to your coworkers?
Replies: 107
Views: 10015

Re: Should you reveal your salary to your coworkers?

but i can also see rules forbidding these discussions as simply another attempt at managing labor costs via hiding behind "HR Policy". Corporations do this all the time. +1. This is what it's really about it; anyone who thinks otherwise is naive. That's one facet of the issue for sure, bu...
by WendyW
Tue Nov 26, 2013 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Should you reveal your salary to your coworkers?
Replies: 107
Views: 10015

Re: Should you reveal your salary to your coworkers?

Person #2 doesn't care that their salary is lower than Person #4 or 5 because they are satisfied with where they are. The video suggests the opposite though. Cucumber monkey is perfectly satisfied working for cucumbers, until he realizes that grape monkey is getting grapes. Suddenly cucumber monkey...
by WendyW
Tue Nov 26, 2013 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Should you reveal your salary to your coworkers?
Replies: 107
Views: 10015

Should you reveal your salary to your coworkers?

'
This video explains why Human Resources doesn't want employees discussing their salaries...

http://youtu.be/meiU6TxysCg
_
by WendyW
Mon Nov 25, 2013 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Average Yearly Raises?
Replies: 97
Views: 7753

Re: Average Yearly Raises?

'
I've received 2% a year since 2010, only matching the inflation rate.

I suppose I should ask for a proper raise this year.
by WendyW
Sun Nov 24, 2013 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Average Yearly Raises?
Replies: 97
Views: 7753

Re: Average Yearly Raises?

I did corporate compensation and benefits for a number of years when I younger (I'm retired now)-----what you will find is the the single largest independent variable driving salary (and hourly pay) increases is CPI. Absent job changes (e.g., promotions, demotions, etc.) salaries tend to increase o...
by WendyW
Sat Nov 23, 2013 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Average Yearly Raises?
Replies: 97
Views: 7753

Re: Average Yearly Raises?

fredjohnson wrote:Over 35 years my average wage has increased 89.7% annually. Oh man, did I do that math correctly? Full time starting salary out of college with a B.A. was $14,000. Last year I made about $930,000 in pay.

That's a little under 13% a year.
by WendyW
Sat Nov 23, 2013 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Average Yearly Raises?
Replies: 97
Views: 7753

Re: Average Yearly Raises?

I used the wage of $4.25/hour (what I recall earning at one point around 1988 as a sacker at the local grocery store) and a 15% annual growth rate = $291K 25 years later. One would certainly see a giant step-up in salary when changing jobs from grocery clerk to (say) neurosurgeon, but it's not a &q...