Search found 1766 matches

by investingdad
Sat Sep 19, 2020 8:37 am
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 15935

Re: Coping with Megacorp rat race

Try to look at it as a means to an end. I have been with the same company for 31 years, with only a few to go, and I look back on all the times I stressed out about different situations with work, the politics, nonsensical meetings where people talk just to hear themselves, the endless analysis par...
by investingdad
Fri Sep 18, 2020 6:50 am
Forum: Personal Consumer Issues
Topic: Your "at peace" moments.
Replies: 144
Views: 20061

Re: Your "at peace" moments.

I responded to this thread a few times when it started. I'll add this... Standing on my deck, late afternoon, trees green but underbrush starting to yellow, crickets are singing a late summer song, sunny but only 65F, kids just back in school (2020 edition is a bit messed up though), sun casting lon...
by investingdad
Wed Sep 16, 2020 12:49 pm
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 15935

Re: Coping with Megacorp rat race

I looked around the enormous office and saw multiple people in their 50s and 60s falling asleep at their desks and playing solitaire. These people typically made around $80-90k. So interesting, you start off at age 22 and make $60k and by retirement you might be making 150-200% of what the entry le...
by investingdad
Wed Sep 16, 2020 8:11 am
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 15935

Re: Coping with Megacorp rat race

Getting back on topic... A coworker who manages a small engineering team was recently told they will be accepting a promotion into a different group. I say this because it was clearly implied that refusing could harm their long term chances for future promotions and better opportunities. So while th...
by investingdad
Tue Sep 15, 2020 6:23 am
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 15935

Re: Coping with Megacorp rat race

I’m 34. I feel the same way. Although I felt this way prior to COVID it certainty didn’t help the situation either. The job can be a bear sometimes, but management is the real issue. My boss can make it unbearable at times. Although the comp is good I am now asking myself if it’s even worth it. You...
by investingdad
Mon Sep 14, 2020 10:28 am
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 15935

Re: Coping with Megacorp rat race

I worked at megacorps for 30 years and reached senior levels. The politics get worse as you get higher up and over the last 15 years many megacorps have become very woke and less of a meritocracy. The only way to deal with this, if you do not want to take the risk of starting your own business, is ...
by investingdad
Mon Sep 14, 2020 9:53 am
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 15935

Re: Coping with Megacorp rat race

Save and invest heavily while young so you can exit as early as possible. It doesn't get more enjoyable as you get older. At some point, folks that have been tapped for advancement will be younger than you. That can be a lot more bearable if you're sitting on a large portfolio. It's my opinion that ...
by investingdad
Sat Sep 12, 2020 8:15 am
Forum: Personal Consumer Issues
Topic: Palm Desert golf
Replies: 11
Views: 999

Re: Palm Desert golf

I have nothing to add but, have a good trip. I love playing golf, especially since my 13 y.o. son has taken to the game. Let us know where you end up.
by investingdad
Fri Sep 11, 2020 8:24 pm
Forum: Personal Consumer Issues
Topic: Neccesities for a Man Cave
Replies: 51
Views: 3440

Re: Neccesities for a Man Cave

Billiard table.
TV big enough to see while playing billiards.
Shelf to hold a beverage while playing billiards.
Sectional sofa with recline option
Pinball machine
Golf themed stuff
by investingdad
Tue Sep 01, 2020 11:41 am
Forum: Personal Consumer Issues
Topic: Have any BHs reduced spending to retire sooner?
Replies: 34
Views: 1488

Re: Have any BHs reduced spending to retire sooner?

I've been modeling a retirement age of between 53 and 55 for nearly fifteen years now. What I mean is, my models and portfolio have consistently pointed to this age range since I was 32, am 47 now. Interestingly, it has not really changed as our expenses increased...because our salary has increased...
by investingdad
Tue Sep 01, 2020 11:04 am
Forum: Personal Consumer Issues
Topic: Have any BHs reduced spending to retire sooner?
Replies: 34
Views: 1488

Re: Have any BHs reduced spending to retire sooner?

I've been modeling a retirement age of between 53 and 55 for nearly fifteen years now. What I mean is, my models and portfolio have consistently pointed to this age range since I was 32, am 47 now. Interestingly, it has not really changed as our expenses increased...because our salary has increased...
by investingdad
Tue Sep 01, 2020 9:21 am
Forum: Personal Consumer Issues
Topic: Have any BHs reduced spending to retire sooner?
Replies: 34
Views: 1488

Have any BHs reduced spending to retire sooner?

I've been modeling a retirement age of between 53 and 55 for nearly fifteen years now. What I mean is, my models and portfolio have consistently pointed to this age range since I was 32, am 47 now. Interestingly, it has not really changed as our expenses increased...because our salary has increased ...
by investingdad
Sat Aug 29, 2020 11:08 am
Forum: Personal Consumer Issues
Topic: Chess.com, FICS or something else?
Replies: 12
Views: 1233

Re: Chess.com, FICS or something else?

Small Law Survivor wrote: Sat Aug 29, 2020 10:18 am Hard for me to believe that all this "fast" chess (3 minute, 5 minute 10 minute per-side games) is vastly inferior to "slow" chess. Seems like a symptom of our short attention span society.
If I'm taking a short break from work, I have time for a few 3 minute games. Not so much untimed.
by investingdad
Sat Aug 29, 2020 8:30 am
Forum: Personal Consumer Issues
Topic: Chess.com, FICS or something else?
Replies: 12
Views: 1233

Re: Chess.com, FICS or something else?

Just an update on my initial post, to show how (at age 69) out of touch I am. I grew up in what I now realize is called a "traditional chess" world. Games take hours, and there is no "clock." Yesterday I started listening to Tim Ferris's interview of a chess master by the name of Maurice Ashley, an...
by investingdad
Sat Aug 29, 2020 8:04 am
Forum: Personal Consumer Issues
Topic: Recommendations for wheat beer
Replies: 43
Views: 2732

Re: Recommendations for wheat beer

I love beer. And I enjoy many, many different styles...foreign and domestic. But when it comes to wheat beer, it should be kept simple. None better then Franziskaner and Wiehenstephaner. Also, the latter claims to be brewing continuously since 1040...that's almost 1000 years. They've got it down.
by investingdad
Sun Aug 23, 2020 7:46 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1704
Views: 222695

Re: Post your Financial Milestone Announcements Here

We reached a new milestone at $1.2M. Hoping we can retire early someday if things keep progressing the way they have for another 10-15 years. Started working in 2008. Did not track prior to 2016. 2016: $0.5M 2017: $0.7M (first year with children and daycare costs) 2018: $0.8M 2019: $1.1M YTD: $1.2m...
by investingdad
Sun Aug 23, 2020 6:44 am
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 407
Views: 39296

Re: The axe falls and I am prepared. What's next?

KF, Let me ask you something... If instead of being laid off (a horrible feeling, been there) you instead announced you were retiring under the exact same circumstances, would you feel any differently? Financially you appear fine, I'm just wondering if this a blow to the psyche, which I'd totally un...
by investingdad
Sun Aug 23, 2020 6:31 am
Forum: Personal Consumer Issues
Topic: Favorite youtube channels?
Replies: 86
Views: 9645

Re: Favorite youtube channels?

Twosetviolin...a good dose of music and foolishness with two very talented violinists.
by investingdad
Thu Aug 20, 2020 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: how often do you check your net worth?
Replies: 153
Views: 9604

Re: how often do you check your net worth?

regularguy455 wrote: Thu Aug 20, 2020 1:56 pm
bogleblitz wrote: Thu Aug 20, 2020 1:49 pm On good days like stock market at an all time high this week, I check daily. It's a quick login to an app like Mint / Personal Capital.

On bad days like Feb / March 2020. I check once a month.
Hilarious. I do the same thing.
Ditto. Same.
by investingdad
Mon Aug 17, 2020 9:31 am
Forum: Personal Consumer Issues
Topic: Workaholics in your workplace, how do you deal with them?
Replies: 1
Views: 629

Workaholics in your workplace, how do you deal with them?

If you have workaholics in your place of business, how do you deal with them? We have a few, including one in a very senior role with the ear of executive mgmt who makes a point of subtely, and sometimes not subtely, letting everyone know he works 7 days a week...implying that others should be doing...
by investingdad
Mon Aug 17, 2020 6:09 am
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much cash
Replies: 28
Views: 3760

Re: Are we saving too much cash

If it were me, I'd trim to 12 months.

The rest would be invested.
by investingdad
Sat Aug 15, 2020 5:50 pm
Forum: Personal Consumer Issues
Topic: Chess.com, FICS or something else?
Replies: 12
Views: 1233

Re: Chess.com, FICS or something else?

Lichess.

I've played over 6500 three minute games since joining in mid 2018.
by investingdad
Sat Aug 15, 2020 9:08 am
Forum: Personal Consumer Issues
Topic: Who is your favorite fiction author and what is your favorite book of theirs?
Replies: 161
Views: 9554

Re: Who is your favorite fiction author and what is your favorite book of theirs?

Stephen King

Favorite is tough....

The Stand and 11/22/63 are fantastic.
by investingdad
Sat Aug 15, 2020 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1884
Views: 461617

Re: Share your net worth progression

$2M is the point where things started to look much more comfortable for me too. Would you mind sharing how crossing each Million felt for you psychologically ? Before I hit 1M, I always thought of 2.5M as my terminal wealth, I,e NW on the day I retire in the future. Crossing the first 1M in my thir...
by investingdad
Fri Aug 14, 2020 6:53 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1884
Views: 461617

Re: Share your net worth progression

Word of caution... You may find that higher net worth numbers decreases your tolerance of obnoxious work people.... especially the executive ones that may or may not have a net worth that matches their salary based on spending. We're not quite there yet, but closing in on our target. But after cross...
by investingdad
Fri Aug 14, 2020 6:35 am
Forum: Personal Finance (Not Investing)
Topic: My kid scratched my neighbor's new car
Replies: 115
Views: 7268

Re: My kid scratched my neighbor's new car

Didn't read the whole thread. But my son smacked the door off his teammate's parents' brand new SUV a few years ago on a windy day as he was exiting. Wind took it because he was rushing. Lovely ding. I told them to get an estimate and let me know how much. It was at least 2k. I can't tell you how mu...
by investingdad
Fri Aug 07, 2020 5:48 pm
Forum: Personal Consumer Issues
Topic: Would you send your child to a Gifted program?
Replies: 98
Views: 14847

Re: Would you send your child to a Gifted program?

She believes that learning that they could cope with frustration and survive failure were important life lessons for these kids for whom academic work otherwise came very easily. Overcoming frustration and failure are important skills to learn when young so you don't have to try to learn them for t...
by investingdad
Thu Aug 06, 2020 4:57 pm
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult? 2020 update
Replies: 241
Views: 40359

Re: Learning Violin as an adult? 2020 Update

I hadn't posted anything to this thread in 2020. I've been playing 3 years and 8 months at this point. Here's an excerpt from a student concertina I've been working on. It gets squirrelly at the end because I'm shifting up to third position. https://drive.google.com/file/d/10enQVLZsfoj6MPJSpntO-yeHa...
by investingdad
Wed Aug 05, 2020 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Question on CC debt terminology
Replies: 3
Views: 294

Question on CC debt terminology

This may be a silly question, but I'm going to ask anyway. Many online calculators for loans and retirement planning and such ask how much credit card debt you have and your monthly CC payment. Is it reasonable to say the "how much" refers to the unpaid balance you carry from month to month? And the...
by investingdad
Sat Aug 01, 2020 3:37 pm
Forum: Personal Consumer Issues
Topic: Amex and Rakuten wine deal
Replies: 7
Views: 837

Re: Amex and Rakuten wine deal

I've tried to get into wine, and I do like a juicy pinot grigio, but I just come back to beer.

On hot days, a cold Franziskaner is the ticket.
by investingdad
Thu Jul 30, 2020 7:13 pm
Forum: Personal Consumer Issues
Topic: Anyone study math, physics or science for fun?
Replies: 54
Views: 4074

Re: Anyone study math, physics or science for fun?

I'm curious if there are any Bogleheads who are not in an educational program that enjoy the process of learning mathematics, physics or any types of science for fun? If so, 1) what book(s) are you using to study 2) what topics fascinate you? 3) what motivates you? Quantum mechanics. Book titles ar...
by investingdad
Thu Jul 30, 2020 4:59 pm
Forum: Personal Consumer Issues
Topic: Anyone study math, physics or science for fun?
Replies: 54
Views: 4074

Re: Anyone study math, physics or science for fun?

I do find quantum physics interesting, but only when presented in edutainment format.

I worked my butt off to pass the need physics courses for my engineering degree as higher level math was not a strength.

I'd not want to revisit it.
by investingdad
Wed Jul 29, 2020 6:55 pm
Forum: Personal Consumer Issues
Topic: Anyone study math, physics or science for fun?
Replies: 54
Views: 4074

Re: Anyone study math, physics or science for fun?

Reading about physics and learning enough mathematics to solve physics problems are quite different animals.

If you want to really learn the material, I'd pick up college level text books and start there.
by investingdad
Tue Jul 28, 2020 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Tax dilemma, thoughts?
Replies: 2
Views: 365

Tax dilemma, thoughts?

Here's the summary: We sent our county tax return in ahead of schedule. We owed money. We sent via certified mail with return receipt. Time passes. Check isn't cashed. Return receipt isn't sent back. We check USPS, tracking says tried to deliver but failed. ??? Now, we'll probably resend with a new ...
by investingdad
Mon Jul 27, 2020 7:09 am
Forum: Personal Finance (Not Investing)
Topic: struggling to get a mortgage
Replies: 85
Views: 7674

Re: struggling to get a mortgage

smoothnobody wrote: Sun Jul 26, 2020 9:15 pm i do all kinds of things but have no focus.
Maybe you hit on the deeper problem?

You're bored and have no focus and by your own admission haven't worked since you were 19?

I'm thinking this venture may not scratch that itch.
by investingdad
Sun Jul 26, 2020 8:54 am
Forum: Personal Consumer Issues
Topic: First time homebuyer - things to keep in mind
Replies: 31
Views: 2452

Re: First time homebuyer - things to keep in mind

Know the location of the sun relative to the back yard. In climates where it's cold in winter, you'll want the backyard facing mostly south or southeast. In the winter, low sunshine warms the back interior of the house where the main living areas are usually located. In the summer, the hot afternoon...
by investingdad
Wed Jul 22, 2020 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much (for our needs)?
Replies: 35
Views: 4025

Re: Are we saving too much (for our needs)?

As a 31/29 couple with 1 child (2.5 yo, no intention for more), we are making ~$175k a year and saving and investing ~100k across 401k, Roth, HSA, 529, and taxable. We live semi-frugally: occasional take-out (especially during Covid, no dine-in), luxury vacations ( :oops: , pre-Covid and pre-child....
by investingdad
Sun Jul 19, 2020 8:08 am
Forum: Personal Consumer Issues
Topic: Are 55+ Communities a Baby Boomer Thing Only? If so, who will buy when Boomers want to sell?
Replies: 195
Views: 16700

Re: Are 55+ Communities a Baby Boomer Thing Only? If so, who will buy when Boomers want to sell?

It's easy to overlook the fact if you're GenX, Millenial, etc...that 55+ communities will not be filled with Boomers when you are age qualified to live there.

They will be filled with your contemporaries with all the same shared generational experiences.
by investingdad
Sun Jul 19, 2020 8:00 am
Forum: Personal Consumer Issues
Topic: Anyone else love this new working from home thing?
Replies: 89
Views: 6366

Re: Anyone else love this new working from home thing?

We had discussed a remote happy hour for the group where we jump onto a Skype call with beverage of choice and just shoot the breeze but haven't done so yet.
by investingdad
Sat Jul 18, 2020 11:35 am
Forum: Personal Consumer Issues
Topic: Anyone else love this new working from home thing?
Replies: 89
Views: 6366

Re: Anyone else love this new working from home thing?

Both my wife and I are working from home since March. I may go back mid Aug, and her in Sept. We have two kids at home, one high school and one middle school. So they are self sufficient. I'm using the study which is done up like an executive office. At work, I have an Office Space style cube. My wi...
by investingdad
Sun Jul 12, 2020 7:29 am
Forum: Personal Consumer Issues
Topic: House with high tension power lines in backyard
Replies: 71
Views: 4740

Re: House with high tension power lines in backyard

Whenever these threads pop up somebody always states they lived near X and "got used to" the noise (hum in this case). Just sound proof. And I'm not saying it isn't true for that person, but for many it's not the case. Our first house backed up to a noisy road and I never got used to it. I got more ...
by investingdad
Fri Jun 19, 2020 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Is it retirement time yet?
Replies: 22
Views: 2676

Re: Is it retirement time yet?

Why does income matter? The general rule of thumb is that you can retire once your reach 25 X Annual Expenses. What do you people think of this rule, by the way? 25x is for 4%? 33x is for 3%? Was there a critique to the Trinity Study that says 3% is a better target? Not if you read the literature a...
by investingdad
Sun Jun 14, 2020 7:18 am
Forum: Personal Consumer Issues
Topic: heated driveway?
Replies: 91
Views: 4654

Re: heated driveway?

I would still say we're operating on the assumption that we're dealing with someone too physically limited to operate any kind of equipment, drive, or possibly even walk. Geez, what made you think that? I drive safely, walk, no one with the exception of bogleheads has even remotely said I shouldn't...
by investingdad
Thu Jun 11, 2020 10:16 am
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 448
Views: 25808

Re: What fun car should I get in the $150k - $200k range?

That is an interesting question. :) Unless they have the same passion, that's an excellent point: it's actually a $300-$400k expense we're looking at here. That might change some of the responses. An eye for an eye. A tooth for a tooth. Is that how your marriages work? I've never ran out and purcha...
by investingdad
Wed Jun 10, 2020 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1884
Views: 461617

Re: Share your net worth progression

Age: 45, Spouse 44, 2 kids Dec 1999: Graduated college with $2000 savings. No debt. Fortunate tuition was paid by very frugal parents. Very inexpensive college 2000: $10K (felt amazing hitting the first milestone, my salary was $40K, spouse (fiance then) $50K) 2001: 35K 2002: $50K (Lost job due to ...
by investingdad
Tue Jun 09, 2020 12:42 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 448
Views: 25808

Re: What fun car should I get in the $150k - $200k range?

BuckyBadger wrote: Tue Jun 09, 2020 12:26 pm Still wondering how the wife is spending her $200k?
That is an interesting question. :)
by investingdad
Tue Jun 09, 2020 12:08 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 448
Views: 25808

Re: What fun car should I get in the $150k - $200k range?

Folks that are calling $3 million ... a multimillionaire type situation that can easily drop 200k on a car are not even close, in my opinion. But 200k car territory? Not even close. Seriously??? A "multimillionaire type situation" is EXACTLY what the OP is in!!! I get it. You want to hoard your mon...
by investingdad
Tue Jun 09, 2020 11:14 am
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 448
Views: 25808

Re: What fun car should I get in the $150k - $200k range?

Folks that are calling $3 million ... a multimillionaire type situation that can easily drop 200k on a car are not even close, in my opinion. But 200k car territory? Not even close. Seriously??? A "multimillionaire type situation" is EXACTLY what the OP is in!!! I get it. You want to hoard your mon...
by investingdad
Tue Jun 09, 2020 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1884
Views: 461617

Re: Share your net worth progression

Amazingly, we have just surpassed our all time high from back in Feb of this year. So I'll contribute my experience to this thread by stating my strategy during the Covid19 pandemic has been this: "We're down 20 plus percent in a matter of 3 weeks. I have zero idea what to do. All I can do is carry ...
by investingdad
Mon Jun 08, 2020 1:32 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 448
Views: 25808

Re: What fun car should I get in the $150k - $200k range?

OP,

I'm not trying to be belligerent and I apologize if I came off that way. I think I'm just having a hard time rationalizing that kind of purchase given our similar situations.