Search found 1361 matches

by investingdad
Fri Aug 10, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Help negotiating!
Replies: 15
Views: 1218

Re: Help negotiating!

So I'm not sure I would have mentioned the commute in your reply. While it's a big factor for me, I recognize that it's not the problem of the employer. Two equal candidates...one won't get more for the longer drive. Instead, I'd simply negotiate knowing I'd need to factor in the commute cost. Of co...
by investingdad
Fri Aug 10, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 7386

Re: Rude response from boss re: market adjustment

I had a sort of similar experience back in my mid 20s, first full time engineering job. After being told by my manager that I should expect a larger pay raise "next year" I was fine waiting. Next year rolls around and no review...until 3 months after it was supposed to happen. So we finally sit down...
by investingdad
Fri Aug 10, 2018 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Help negotiating!
Replies: 15
Views: 1218

Re: Help negotiating!

First, let's just run the numbers. At 105k, you make $50.48 per hour. That's what your time is worth. The new commute adds 1 hour per day. That means, based on your hourly wage, driving another hour per day (which is part of the work package), costs you the equivalent of $13,125 of your own time. Th...
by investingdad
Tue Aug 07, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Is solar power for your home a worthwhile investment?
Replies: 55
Views: 4633

Re: Is solar power for your home a worthwhile investment?

What about the benefit of having power in the event of a power failure? That requires a pricier system I believe?
by investingdad
Mon Aug 06, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: "Skin in the game"
Replies: 105
Views: 6960

Re: "Skin in the game"

I guess I had no skin in the game since my parents paid for my college costs. I attended State U. My motivation, however, came from an awful summer job before freshman year working in the kitchen at a local nursing home. I was a dishwasher. But I was low man on the pole so I got the job of hand wash...
by investingdad
Wed Aug 01, 2018 11:30 am
Forum: Personal Finance (Not Investing)
Topic: 15 Year look back on my Financial Forecast spreadsheet
Replies: 2
Views: 599

15 Year look back on my Financial Forecast spreadsheet

I pulled up an old financial forecast spreadsheet I created when I was 30. My wife and I were married for about a year or so at that point, no kids yet. The reasoning was sound and based on the best info I had at the time. I was looking for a 7.5% rate of return on my portfolio. Our net worth stood ...
by investingdad
Wed Aug 01, 2018 10:21 am
Forum: Personal Consumer Issues
Topic: Why is new strip of lawn different color?
Replies: 18
Views: 1825

Re: Why is new strip of lawn different color?

The simplest explanation is the grass is a different variety.

The next is the new strip has different soil or water conditions.

After a few seasons, it should blend... unless it's a water difference.
by investingdad
Tue Jul 31, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Flooring: Hard wood vs Ceramic Tile that looks like wood
Replies: 26
Views: 2549

Re: Flooring: Hard wood vs Ceramic Tile that looks like wood

We installed "Scrapwood" tile in our master bathroom. Like the name implies, it looks like reclaimed wood. It wasn't cheap. It's a darker color and the grout is dark grey. It reminds me of a weathered boardwalk. Which matches the paint color and look of the room. We installed under tile heating sinc...
by investingdad
Mon Jul 30, 2018 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Boy's first job
Replies: 38
Views: 3545

Re: Boy's first job

Does your son want to contribute to a 401k? I, for one, think he should be allowed to keep all of his money for gas, girls, college and whatever else and not be coerced into saving it in a retirement fund. Lots and lots of time for that in the future. This is a valid point. If he's 15 or 16, having...
by investingdad
Sun Jul 29, 2018 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Boy's first job
Replies: 38
Views: 3545

Re: Boy's first job

My first job in 1989 was working in the kitchen at Burger King making 3.75 an hour. That's about $7.80 now so it sounds like minimum wage jobs pay a bit more. I came home smelling like fry grease every day. I did eat a lot of BK food at no cost, however. That's where I discovered the combination of ...
by investingdad
Fri Jul 27, 2018 7:58 pm
Forum: Personal Consumer Issues
Topic: DisneyWorld-Needing specific advice
Replies: 33
Views: 1904

Re: DisneyWorld-Needing specific advice

Port Orleans Riverside is actually pretty nice on the low end. It's a motel. You're at the mercy of the buses and you lose time with them. The monorail resorts, Boardwalk, Beach Club, and Yacht Club are on the opposite end of price but allow quick access to the MK or Epcot. They're resort style hote...
by investingdad
Fri Jul 27, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Need more excitement
Replies: 48
Views: 4412

Re: Need more excitement

When I get bored with my investment strategy I reformat my spreadsheet. Very exciting. I buy about one lottery ticket every year or so when people start talking about the Megamillions or whatever being half a billion dollars. However, I DO enjoy blackjack!! I enjoy it as an entertainment expense, n...
by investingdad
Fri Jul 27, 2018 10:05 am
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9256

Re: Toughest Purchase of my Life. Engagement Ring time

Well, after much agonizing over the past few months, I went with my gut and called up BlueNile tonight and made the purchase. I'm glad I went through with it and didn't back out. My girl is very deserving and worth the purchase. I honestly feel I went with my absolute max with this purchase I'm gla...
by investingdad
Fri Jul 27, 2018 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Need more excitement
Replies: 48
Views: 4412

Re: Need more excitement

On topic... I only do the casino thing when on a cruise. And I can see how people get sucked in. I'll play a few hands of blackjack but I walk away once my $40 disappears. It has nothing to do with winning money, it's the adrenaline that goes with it. If I'm up $100 after a few hands, my excitement ...
by investingdad
Fri Jul 27, 2018 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Need more excitement
Replies: 48
Views: 4412

Re: Need more excitement

Why does "excitement" need to be pursued in terms of portfolio dollars? Why can't the portfolio be left alone and "excitement" be experienced through lifestyle changes, like daily running, marathon training, sports and athletics for personal fitness, or go take a martial arts class and earn a "Blac...
by investingdad
Fri Jul 27, 2018 6:35 am
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 2899

Re: The stock that got away

I'm glad I got off the stock train in my late 20s. Now we only own company matches and stock awards in company stock. All else is mutual funds. No massive wins, no massive loses. Just market. I saw the article about the 24 year old that lost 40% of his portfolio on the FB drop yesterday. Good luck t...
by investingdad
Thu Jul 26, 2018 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Moral dilemma - What would you do?
Replies: 54
Views: 5592

Re: Moral dilemma - What would you do?

A Mega Corp should be able to evaluate many different proposals for what they are. I work on the development side of big projects and am responsible for putting a strategy in front of the customer before a deal is inked. We rarely offer what the customer is asking for initially, choosing instead to ...
by investingdad
Thu Jul 26, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Moral dilemma - What would you do?
Replies: 54
Views: 5592

Re: Moral dilemma - What would you do?

I think more context is needed.

There is unethical.

And then there's trying to upsell.

Up selling can be done in a completely honest and ethical way.

Lying, manipulating, etc... count me out. I work for a Mega Corp and the question we ask is... does it pass the red face test?
by investingdad
Wed Jul 25, 2018 12:56 pm
Forum: Personal Consumer Issues
Topic: How much car can I buy?
Replies: 46
Views: 2091

Re: How much car can I buy?

Really? The guy is 40 with $3+ million dollars in assets and you’re all suggesting he buys a 5-7 year old used Mercedes that will break almost instantly or a used Subaru Legacy? OP, my first question is, how did you acquire $3+ million? I’m assuming either inheritence or some sort of stock windfall...
by investingdad
Wed Jul 25, 2018 8:46 am
Forum: Personal Consumer Issues
Topic: How much car can I buy?
Replies: 46
Views: 2091

Re: How much car can I buy?

With over 3million in savings, why are you asking how much of a car you can afford? What if it were a 500k car? Could he afford that? It's easy to look at this question and blow it off, but the devil is in the details. What if he's asking next month about how much boat he can afford? And the month ...
by investingdad
Wed Jul 25, 2018 8:11 am
Forum: Personal Consumer Issues
Topic: How much car can I buy?
Replies: 46
Views: 2091

Re: How much car can I buy?

With over 3million in savings, why are you asking how much of a car you can afford? What if it were a 500k car? Could he afford that? It's easy to look at this question and blow it off, but the devil is in the details. What if he's asking next month about how much boat he can afford? And the month ...
by investingdad
Wed Jul 25, 2018 7:43 am
Forum: Personal Consumer Issues
Topic: How much car can I buy?
Replies: 46
Views: 2091

Re: How much car can I buy?

You don't list the equity in your primary home. But, at 60% LTV in a HCOL area, I'm guessing your net worth is approaching $4M... buy whatever you want within reason. I fail to see what issue your dealing with here?? The issue of wanting a nice car, but not liking or wanting to spend money on a nic...
by investingdad
Wed Jul 25, 2018 7:29 am
Forum: Personal Consumer Issues
Topic: How much car can I buy?
Replies: 46
Views: 2091

Re: How much car can I buy?

Really? The guy is 40 with $3+ million dollars in assets and you’re all suggesting he buys a 5-7 year old used Mercedes that will break almost instantly or a used Subaru Legacy? OP, my first question is, how did you acquire $3+ million? I’m assuming either inheritence or some sort of stock windfall...
by investingdad
Wed Jul 25, 2018 6:19 am
Forum: Personal Consumer Issues
Topic: How much car can I buy?
Replies: 46
Views: 2091

Re: How much car can I buy?

Interesting scenario. You're data looks a lot like ours, but we have no rental and our combined salary is upper 200s. Similar ages, also two kids. Unlike you, we save about 70k a year of our earnings. My personal ceiling on a vehicle is 40k. I was looking at Infiniti recently but decided I'll stay w...
by investingdad
Tue Jul 24, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: New mailbox and post, plus install
Replies: 16
Views: 1167

Re: New mailbox and post, plus install

We get a good bit of snow and plows on our street have taken out mine. I have a 4x4 post in the ground secured with Quickcrete. With a post hole digger it's easy if there are no rocks. Digging bar fixes the rocks. About an hour to dig, set, pour, and stabilize. My trick is not to secure the nice mai...
by investingdad
Mon Jul 23, 2018 8:27 pm
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 7761

Re: Engineers come in.

It's never too late, and 32 isn't... if he's serious about it.
by investingdad
Mon Jul 23, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 7761

Re: Engineers come in.

Hard work beats talent if talent is lazy.

This much has always been true.
by investingdad
Mon Jul 23, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 7761

Re: Engineers come in.

I also have an MBA. Part time, other working students like me when I did it. It was a joke compared to the ChE degree. I recall one class where the prof put an equation on the board for a class where we were pricing assets using time value. There was a redundant variable that she had on both sides o...
by investingdad
Mon Jul 23, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 7761

Re: Engineers come in.

As noted, lone wolfing it is hard. I know. That's what I did because in group study I never felt like I was learning the material. Group projects were fine... in hindsight I should have partnered with female more than male classmates. The best project was in my final semester with two girls that wer...
by investingdad
Mon Jul 23, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 7761

Re: Engineers come in.

I would add that I read an article complaining about weeder courses. The gist that the US needs more scientists and engineers and weeder classes are causing students with an interest to abandon STEM. This seems to suggest that the solution is to lower the standards. Frankly, if I need surgery I don'...
by investingdad
Mon Jul 23, 2018 8:10 am
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 7761

Re: Engineers come in.

I had a calculus prof that took his job of weeding out students very seriously. He told us that one of his jobs was ensuring those students that couldn't cut it in his math class wouldn't continue into engineering. I learned that he gave some consideration to tenacity if a student was struggling and...
by investingdad
Mon Jul 23, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 7761

Re: Engineers come in.

I'm a chemical engineer from a Big Ten university, graduated mid 90s. I struggled with Calculus and the other higher math courses that were required. I worked my tail off to get through them. Because I did not possess an intuitive understanding of the math, I also struggled in my engineering classes...
by investingdad
Sun Jul 22, 2018 10:48 am
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 82
Views: 4328

Re: Have you ever purchased a pricy musical instrument?

getthatmarshmallow wrote:
Sat Jul 21, 2018 10:17 am
investingdad wrote:
Sat Jul 21, 2018 8:02 am
Part of the challenge is not knowing what the limits of my current violin really are.
Then you're not ready to upgrade, at least not for musical reasons.
My desire to upgrade isn't entirely for musical reasons. It's also for the pleasure of owning a fine instrument.
by investingdad
Sun Jul 22, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 82
Views: 4328

Re: Have you ever purchased a pricy musical instrument?

She's actually the one that suggested trying the strings I just changed to. She uses them; she also thought I may want to try the gold wound version at some point.

They do sound richer and more complex.
by investingdad
Sat Jul 21, 2018 8:13 am
Forum: Personal Consumer Issues
Topic: I dont know how to spend money
Replies: 39
Views: 5123

Re: I dont know how to spend money

Hey BH Im currently 27, and Ive realized the older I get the worse I am at wanting to spend money. Im making an average 51k a year but I have a very high savings rate. I currently have 24k in a Roth IRA, 47k in a 2 fund portfolio (75% US market, 25% International), and 30k in a savings account. I a...
by investingdad
Sat Jul 21, 2018 8:02 am
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 82
Views: 4328

Re: Have you ever purchased a pricy musical instrument?

Part of the challenge is not knowing what the limits of my current violin really are. I haven't had my teacher play it in over a year and that's probably the best way to hear what it's capable of. In fact, I should ask her what she plays as it really has a lovely tone. On the other hand, one of her ...
by investingdad
Fri Jul 20, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 82
Views: 4328

Re: Have you ever purchased a pricy musical instrument?

Back in college I purchased an ice blue American Vintage re-issue '62 Fender Jaguar for about $1400. [...] I guess if I'm ever in dire straits it'll be handy to offload it for about $1600. If you do ever find yourself in Dire Straits, you'll probably need all your guitars. :D ... and color tvs...
by investingdad
Fri Jul 20, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 104
Views: 5084

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

I'll wrap up my comments here with a throwback to the thread where I discussed spending 5k on a pinball machine for myself. I got a lot of varied replies. I have shared on here my age (40s) and net (somewhere between 2 and 3 million). I have to wonder what the replies would have been if I had said I...
by investingdad
Thu Jul 19, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 104
Views: 5084

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

So if he started this collection at age 20, is 40 now, and the collection has simply held it's value...it means he spent $4000 a year on wristwatches. Do watches appreciate? I'm trying to visualize my wife's reaction to me spending $4000 a year on a collection, year in year out. And that's with a co...
by investingdad
Wed Jul 18, 2018 8:28 am
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 82
Views: 4328

Re: Have you ever purchased a pricy musical instrument?

It certainly sounds like many BHs have invested in better instruments (there's that word again) with no regrets. Like others, we upgraded my daughter to a solid silver flute. Hers is a Gemeinhardt and was around $1400 I believe. That was on the recommendation of her tutor after playing for 3 years. ...
by investingdad
Mon Jul 16, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 82
Views: 4328

Re: Have you ever purchased a pricy musical instrument?

Thanks for the good replies.

I probably should not have said this was an investment, as to me... it's more about buying a quality piece of workmanship that I can play. Rather than something that may appreciate.

But it is an investment in my personal enjoyment and growth.
by investingdad
Mon Jul 16, 2018 9:30 am
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 82
Views: 4328

Re: Have you ever purchased a pricy musical instrument?

I called it an "investment" in quotations because while I am not expecting a return, at the same time I wouldn't expect it to lose 80% of value like a new car.

So don't get tripped up on my choice of wording.
by investingdad
Mon Jul 16, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 82
Views: 4328

Have you ever purchased a pricy musical instrument?

I'm curious if any BHs have bought an expensive musical instrument. I guess expensive is a subjective term so I'll leave it to responders to define relative to their own experience. If you did, what was it and what was the purpose? Collect? Play? Gift? Other? Do you still have it or did you sell it ...
by investingdad
Thu Jul 12, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Five years to retirement (article)
Replies: 12
Views: 1924

Re: Five years to retirement (article)

The comments section on nytimes.com is more enlightening. +1. Agreed. The comments were enlightening as to the mindset of readers. I am not sure they are totally representative but they seemed more fixated on the $140k salary and $1.5M 401k balance than the principles that apply to people at differ...
by investingdad
Tue Jul 10, 2018 2:27 pm
Forum: Personal Consumer Issues
Topic: Radon
Replies: 29
Views: 1825

Re: Radon

Remediation systems are cheap if the basement is unfinished.

It cost us $450 in 2014... and that was installed by Mr. Watras himself... the original radon guy that got the whole ball rolling.

Probably double if you have to run the pipe, code requires it for new construction in PA I think.
by investingdad
Tue Jul 10, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: Radon
Replies: 29
Views: 1825

Re: Radon

I’ve been reading old posts regarding radon. Thought I’d post my specific situation for any feedback. I used one of the devices that you set out for three months or more (4.5 months in my case). Came back 4.9 in the basement and 2.5 on the first floor (4 is the EPA action level). Uncertainty level ...
by investingdad
Sat Jul 07, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: How to "retire" in your 30's article
Replies: 110
Views: 14864

Re: How to "retire" in your 30's article

I just read the article and I agree that it's the lack of detail and inferences that are made. Without hard numbers, something folks here often share with the community, it's hard to evaluate. Mentioning his wife's salary in passing rather than highlighting its importance felt disingenuous. While I ...
by investingdad
Mon Jul 02, 2018 6:28 pm
Forum: Personal Consumer Issues
Topic: Why does baking soda remove smell from old books?
Replies: 12
Views: 962

Re: Why does baking soda remove smell from old books?

The volatiles exert pressure to evaporate. As the source concentration is depleted, the partial pressure also decreases. Eventually below the threshold that you can smell them.
by investingdad
Mon Jul 02, 2018 2:06 pm
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult...1.5 years later
Replies: 197
Views: 28111

Re: Learning Violin as an adult...1.5 years later

I used finger tape during the first few months but then realized it was becoming a crutch, that's when I ripped it off. I knew my ears would need to be developed and that meant no tape. I don't sing...I've tried for almost thirty years to sing in my car and I don't have the voice for it. I can empa...
by investingdad
Mon Jul 02, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult...1.5 years later
Replies: 197
Views: 28111

Re: Learning Violin as an adult...1.5 years later

I used finger tape during the first few months but then realized it was becoming a crutch, that's when I ripped it off. I knew my ears would need to be developed and that meant no tape. I don't sing...I've tried for almost thirty years to sing in my car and I don't have the voice for it. I can empa...