Search found 638 matches

by tigermilk
Tue Mar 10, 2020 9:40 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2955
Views: 526457

Re: What are you up YTD? [Year To Date]

Down about 15% and went sub 2 comma in my TSP. Meh. Still at least 6 years to retirement, don't mind buying on a discount, balance is about where it was in the second quarter of 2019, No worries here. It is what it is.
by tigermilk
Fri Feb 28, 2020 8:09 am
Forum: Investing - Theory, News & General
Topic: Stocks are Not on Sale
Replies: 30
Views: 3708

Re: Stocks are Not on Sale

Using your logic, the word sale should be stricken from the English language. The same words could be applied to any product out there. In your example, Delta is down. Well, I can't speak directly about Delta, but I can say Unitednnis down about 20% in the last week. I live in one of their hub citie...
by tigermilk
Fri Feb 28, 2020 6:29 am
Forum: Investing - Theory, News & General
Topic: who is worried and feels like selling stocks?
Replies: 254
Views: 18825

Re: who is worried and feels like selling stocks?

I am 100% equities and plan on doing... absolutely nothing :D Hope you are many decades away from retirement. My 2 comma TSP was 85/15 last week, and our Roths are 100/0. Can retire in 6 years. With each passing day and each market drop, I have been adding even more equity exposure - TSP moved to 8...
by tigermilk
Fri Feb 28, 2020 6:18 am
Forum: Personal Investments
Topic: Help w Fed Employee TSP C Fund
Replies: 33
Views: 2253

Re: Help w Fed Employee TSP C Fund

[ Are you thinking that this will all blow over? I hate to be the panicky type - but this seems much worse. We haven't even gotten to community spread yet and the markets are rattled. I'm going to take everyone's advice here and hope for the best. I'm glad that I didn't panic in 2018 - but again - ...
by tigermilk
Thu Feb 27, 2020 9:55 pm
Forum: Personal Consumer Issues
Topic: Certificates or no certificates when purchasing tires as Discount Tires?
Replies: 20
Views: 3366

Re: Certificates or no certificates when purchasing tires as Discount Tires?

You all need to get a road bicycle. In my 10k miles a year days, I would run through 4 to 5 rear tires (so less than 2500 miles before replacing), and good bike tires are easily $40 to $70 each. It put things in perspective for me. No "certificates" for me with the car, just self insure and deal wit...
by tigermilk
Thu Feb 27, 2020 7:17 am
Forum: Investing - Theory, News & General
Topic: who is worried and feels like selling stocks?
Replies: 254
Views: 18825

Re: who is worried and feels like selling stocks?

I am 100% equities and plan on doing... absolutely nothing :D Hope you are many decades away from retirement. My 2 comma TSP was 85/15 last week, and our Roths are 100/0. Can retire in 6 years. With each passing day and each market drop, I have been adding even more equity exposure - TSP moved to 8...
by tigermilk
Fri Feb 21, 2020 7:54 pm
Forum: Personal Investments
Topic: TSP Roth vs Traditional
Replies: 18
Views: 1277

Re: TSP Roth vs Traditional

If I had to do it all over again, I would have picked Roth TSP as soon as it was offered. I am in a no income tax state and currently in the 22% bracket. I switched to Roth last fall as a hedge against future tax rates and knowing I will be in the same, or higher, tax bracket when retired (have a so...
by tigermilk
Fri Feb 21, 2020 7:50 am
Forum: Personal Consumer Issues
Topic: Master of Social Work degree
Replies: 111
Views: 4749

Re: Master of Social Work degree

Mother was originally a nurse, went back to school for a MSW, worked for various government and insurance entities, and ended up in quality management (in an area that she focused on as a social worker) at a hospital chain. She retired less than 10 years ago, leaving a salary in the mid/low $100k ra...
by tigermilk
Thu Feb 20, 2020 5:22 am
Forum: Personal Consumer Issues
Topic: Guitar for a 45 year old beginner
Replies: 52
Views: 3945

Re: Guitar for a 45 year old beginner

What do you want to play? Electric? Acoustic? If acoustic, classical guitar? If my goal were to play classical, I certainly wouldn't run down to the music store to buy a steel string guitar. FYI, for myself, when I wanted to learn guitar, I went electric and bought a cheap Squier (a bit over $100 at...
by tigermilk
Mon Feb 17, 2020 12:16 pm
Forum: Personal Consumer Issues
Topic: Which Rolex to get for DW?
Replies: 52
Views: 4019

Re: Which Rolex to get for DW?

So, my lovely wife is approaching a milestone birthday next year and has hinted she would like a Rolex since I got my Rolex at that age as well. Question - does she want a Rolex because she likes them? For the status? Does not know any better? Other reason? I recently bought my wife a nice watch. S...
by tigermilk
Mon Feb 17, 2020 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Money spent on Cars
Replies: 21
Views: 2663

Re: Money spent on Cars

Jack FFR1846 wrote:
Sun Feb 16, 2020 10:43 pm
On a car forum, there's an ongoing thread "Cars you've owned". I've copied my list here.

19 90 BMW M3
Bet you wish you had this one still
by tigermilk
Sun Feb 16, 2020 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Money spent on Cars
Replies: 21
Views: 2663

Re: Money spent on Cars

We brought 2 used cars into the marriage and have bought 5 since married. That is over a 29 year marriage. 3 of those bought when marrried were new, and 1 is a collectible. I like cars, but hate car transactions.
by tigermilk
Fri Feb 14, 2020 9:56 am
Forum: Personal Investments
Topic: TSP Allocations in Retirement
Replies: 29
Views: 2365

Re: TSP Allocations in Retirement

Question - why are you waiting 3 years to draw income from your portfolio? It doesn't appear that you have any other income between 2020 and 2023 other than pension so why restrict income during arguably the best and most active years of early retirement? Answer: We are planning to do contract work...
by tigermilk
Fri Feb 14, 2020 8:58 am
Forum: Personal Investments
Topic: TSP Allocations in Retirement
Replies: 29
Views: 2365

Re: TSP Allocations in Retirement

With two pensions, medical and SS benefits, you need to look at RMDs. Roth conversions are likely to be a good next step once you retire. If you have any traditional IRAs with a balance, you will need to be aware of the pro rata rule. If you take all the money from the TSP, you cannot go back. Whil...
by tigermilk
Tue Feb 11, 2020 10:05 pm
Forum: Personal Consumer Issues
Topic: Houston for a day, July, with 15 year old daughter
Replies: 17
Views: 1183

Re: Houston for a day, July, with 15 year old daughter

beergod wrote:
Tue Feb 11, 2020 9:52 pm
Did I mention you will definitely need a car.
Not necessarily. If they are staying across from Rice in the Med Center and stick to the Museum District and restaurants along the train line, no car. Could even get to Ninfas via MetroRail.
by tigermilk
Tue Feb 11, 2020 9:33 pm
Forum: Personal Consumer Issues
Topic: Houston for a day, July, with 15 year old daughter
Replies: 17
Views: 1183

Re: Houston for a day, July, with 15 year old daughter

If you want to only see things in the vicinity of Rice, it will be the Museum District - Museum of Fine Arts Houston (excellent btw), the modern art museum across the street, the Natural Science museum a few block away, Buffalo Soldiers Museum a mile or so away, ... If you have a car, the mention Me...
by tigermilk
Mon Feb 10, 2020 7:18 am
Forum: Personal Investments
Topic: TSP Allocations in Retirement
Replies: 29
Views: 2365

Re: TSP Allocations in Retirement

With two pensions, medical and SS benefits, you need to look at RMDs. Roth conversions are likely to be a good next step once you retire. If you have any traditional IRAs with a balance, you will need to be aware of the pro rata rule. If you take all the money from the TSP, you cannot go back. Whil...
by tigermilk
Mon Feb 10, 2020 6:57 am
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 262
Views: 19223

Re: What is your most luxury/expensive hobby.

Music, live and recorded. We will be seeing at least 50 concerts this year, though fortunately some are free (world class music school less than 30 minutes away), and season tickets for 2 for the various companies are a bit north of $3k. Add in music streaming services (both audio and video services...
by tigermilk
Sat Feb 08, 2020 7:39 am
Forum: Personal Finance (Not Investing)
Topic: New to Roth TSP, mechanics of it?
Replies: 1
Views: 219

Re: New to Roth TSP, mechanics of it?

You will see the combined Roth and traditional on the default summary page. Click on "Account Balance by Contribution" and you get the breakdown as to how much is in Roth/traditional for each fund. No separate account, just all wrapped in one.
by tigermilk
Wed Feb 05, 2020 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: High Net Worth Individual with Little Income Seeks Mortgage
Replies: 32
Views: 4735

Re: High Net Worth Individual with Little Income Seeks Mortgage

What is the plan for mortgage payments? Pay off quickly or just pay as a 15/30 year term? My MIL recently purchased a house, and to move the mortgage along we cosigned the mortgage. We also fronted the down payment as she hadn't put her house on the market yet, and our cash was more versatile. As so...
by tigermilk
Tue Feb 04, 2020 10:20 pm
Forum: Investing - Theory, News & General
Topic: Monte Carlo simulation of portfolio performance.
Replies: 18
Views: 1384

Re: Monte Carlo simulation of portfolio performance.

Monte Carlo simulations are yet another example of the old adage "garbage in, garbage out". In other words, the results are dependent on the inputs. Getting the inputs right would require the ability to predict the future (returns, distributions, perhaps other parameters), in which case you don't r...
by tigermilk
Mon Feb 03, 2020 6:54 am
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 288
Views: 37538

Re: What video games are you currently playing?

Anyone old enough to have worked with TRS-80 computers and play current generation games? Who are the old fart gamers here and what do you play? I'm willing but ignorant. Where to start as an old fart? Never had a Trash 80, but did have Atari 800, a Timex Sinclair, ... Spent many years with console...
by tigermilk
Sun Feb 02, 2020 9:27 pm
Forum: Investing - Theory, News & General
Topic: Chinese stocks will plunge on Monday?
Replies: 158
Views: 11055

Re: Asian (china) stocks in freefall

If still down when US markets open, is there an ETF to buy? MCHI or something? No reason to not expect a quick rebound,
by tigermilk
Sun Feb 02, 2020 7:41 am
Forum: Personal Investments
Topic: Investment Allocation for 22 year old
Replies: 66
Views: 3461

Re: Investment Allocation for 22 year old

I would go with 100% FXAIX or the mix with international (can debate percentage). Long way for you to go before you need to have a bond in your AA. Just starting out, let the buying power of your regular contributions go to work for you. Ignore the "what if the market drops 30-50%" talk. Open up Exc...
by tigermilk
Sat Feb 01, 2020 10:18 am
Forum: Personal Consumer Issues
Topic: How to decide a job change from Chicago to Houston?
Replies: 52
Views: 2886

Re: How to decide a job change from Chicago to Houston?

I’ve lived in Houston for 20 years. In that time, I’ve: —Never seen a gun except on a uniformed police officer or security guard. The only time I can think of someone having a gun is when I was on a bike ride in the country, got attacked by dogs, was fighting them off, and a bystander drove by a fe...
by tigermilk
Fri Jan 31, 2020 11:06 pm
Forum: Personal Consumer Issues
Topic: How to decide a job change from Chicago to Houston?
Replies: 52
Views: 2886

Re: How to decide a job change from Chicago to Houston?

jello_nailer wrote:
Fri Jan 31, 2020 10:57 pm
To Tigermilk:
And if it's the one on 518 near Gringos its now closed...
Not that one - there is an Indian grocery store near 288 with takeout. Or now it looks like they expanded and now have a dining area. Will have to see as we usually head to Houston for Indian food.
by tigermilk
Fri Jan 31, 2020 10:55 pm
Forum: Personal Consumer Issues
Topic: How to decide a job change from Chicago to Houston?
Replies: 52
Views: 2886

Re: How to decide a job change from Chicago to Houston?

I have been in the Houston area for 30 years, and while the weather from July to September is awful, the rest of the year, the diversity, the food (quality and diversity), arts (world class opera, Rice is one of the top music schools in the country and has free concerts, museums, etc), etc are what ...
by tigermilk
Tue Jan 28, 2020 7:29 am
Forum: Personal Consumer Issues
Topic: Dog repellent when biking
Replies: 63
Views: 2910

Re: Dog repellent when biking

Awareness and familiarity with the area are probably the best tools. A few years ago I was riding and didn't notice some dogs. They took me by surprise and immediately gave chase before I could really motor away. I got a little bite in the calf which drew blood. I rode about a 1/4 mile down the road...
by tigermilk
Mon Jan 27, 2020 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: How much money can I spend on a car?
Replies: 59
Views: 5245

Re: How much money can I spend on a car?

I decided not to for now because the car is very hard to get. It’s a Mercedes SUV. Also, if we were to not include the 6 million trust since that’s awhile always, would it still be OK to spend that much on the car? I was thinking about getting a BMW instead which is like $148K I wouldn't blow that ...
by tigermilk
Sat Jan 25, 2020 6:36 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 612
Views: 32285

Re: What are you listening to now

Right now Franz Joseph Clement Violin Concertos #1 and #2 on CD from Sony Classics, which my wife recently purchased (she spends a lot of $$$ on classical CDs) this month (it's a 2020 release). Never heard of him before, but he was pals with Beethoven, quite the virtuoso violinist, and a pretty good...
by tigermilk
Sun Jan 19, 2020 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 43499

Re: Engineers - What are you making? ($$$)

There are a lot of engineers working at small and medium companies across the country that are not commanding the high salaries shared on here. Yes, and state/local governments, and the biggest "company" of all, the federal government. I think, but am not sure, that federal employees all know what ...
by tigermilk
Thu Jan 16, 2020 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 43499

Re: Engineers - What are you making?

jayk238 wrote:
Thu Jan 16, 2020 9:58 pm
The average engineer makes about 50k in europe would you guys live in europe for that salary?
Absolutely not.
by tigermilk
Thu Jan 16, 2020 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 43499

Re: Engineers - What are you making?

Aero/mechanical engineer, MCOL, federal government, senior technical expert, PhD, 25 years since full time employment (a few more as a student part year), GS 15/$170k
by tigermilk
Sun Jan 05, 2020 10:15 pm
Forum: Personal Consumer Issues
Topic: Traveling to Japan for first time
Replies: 44
Views: 2804

Re: Traveling to Japan for first time

Any experience with a. “Hop on/ hop off” Tokyo tour? Don't even know if they have those, but honestly I wouldn't use them if they did. All the major Tokyo hotspots are accessible by train or subway. You can get a subway day pass which gets you around effectively and pays for itself in a handful of ...
by tigermilk
Thu Jan 02, 2020 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Fed Interview - 2nd Round - Some Questions
Replies: 17
Views: 2214

Re: Fed Interview - 2nd Round - Some Questions

Sorry you were not selected, but perhaps it was for the best. GS-13 for a supervisory role with 140+ employees seems like a bad salary fit. While it's apples and oranges, in my agency, someone who is a deputy in an organization with 100+ engineers ("engineering" can cover many things, but in my case...
by tigermilk
Thu Jan 02, 2020 10:19 am
Forum: Investing - Theory, News & General
Topic: Shiller: Homeownership is a bad investment
Replies: 480
Views: 65198

Re: Shiller: Homeownership is a bad investment

To me, owning my home is merely rent control. We bought our current home in 2005 for around $175k. The appraised value, as of last summer, is $246k. That's a horrible rate of return over 14 years, basically keeping up with inflation. It's paid off, and my annual costs are roughly $11k for property t...
by tigermilk
Tue Dec 31, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: How much were you able to save this year?
Replies: 142
Views: 10908

Re: How much were you able to save this year?

Single income household $33k pre-tax in TSP (started catch ups this year) and matching $7k in HSA $14k in Roths ??? in taxable/cash - somewhere between $10k and $25k. Difficult to exactly pinpoint due to loaning MIL $$$ for a house near us, just getting reimbursed a few weeks ago, and doing some end...
by tigermilk
Sun Dec 29, 2019 11:21 pm
Forum: Personal Consumer Issues
Topic: Good quality work/ dress shoes?
Replies: 23
Views: 1535

Re: Good quality work/ dress shoes?

I bought a pair of Magnannis. Love them, and they are the only shoe I have owned that gets compliments. I went for the higher quality leather sole variety.
by tigermilk
Sun Dec 29, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: Any audiophiles on this forum?
Replies: 120
Views: 9319

Re: Any audiophiles on this forum?

It is possible to be an audiophile and a Boglehead. Key is balance. Right now I do my "serious" listening on an iPad Pro (old 9.7-inch model) with Tidal, Sennheiser/Massdrop HD 58X headphones. Those headphones were a phenomenal value at $150 and even lower now ($135). This is by far the cheapest au...
by tigermilk
Sun Dec 29, 2019 8:12 am
Forum: Personal Consumer Issues
Topic: Could not get a Macy's store credit card!
Replies: 20
Views: 2318

Could not get a Macy's store credit card!

A bit of a funny/awkward situation - went shopping with my wife, MIL, and SIL the other day. All of them were buying purses, and when my wife was bring rung up, the salesperson asked if we had a Macy's card, which we don't (anymore). She said if we opened an account we'd save another 20%. $40 is $40...
by tigermilk
Wed Dec 25, 2019 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Your Monthly Cost of Living
Replies: 95
Views: 13594

Re: Your Monthly Cost of Living

No way for me to fully break down expenses by category for wife and I as around 80% of our expenses get charged to credit cards (all food, gas, utilities that don't charge credit card fee, insurance, .,,). But some guesses 1) Housing at $1250 a month, most of which is property tax, HOA, and insuranc...
by tigermilk
Tue Dec 24, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: What NON-frugal thing did you do today?
Replies: 79
Views: 5552

Re: What NON-frugal thing did you do today?

We left a holiday card for our postal worker in our mailbox, with some Skittles and $100 in it. :) Happy holidays to all! Hopefully the postal employee spread the wealth or that worker will have violated federal regulations! As a federal employee myself, I am all too well aware of the rules against...
by tigermilk
Tue Dec 24, 2019 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: What NON-frugal thing did you do today?
Replies: 79
Views: 5552

Re: What NON-frugal thing did you do today?

Bought a Marantz CD player/transport and DAC to bring out the best possible sound from our 2000+ CD collectooon as well as for streaming music. DW picked up a $300+ bottle of perfume (more than 3x what she has ever paid for perfume in the past).

I told her we need to start training to spend money.
by tigermilk
Tue Dec 24, 2019 5:39 am
Forum: Personal Investments
Topic: Do I need to invest in bonds if I have a pension?
Replies: 48
Views: 4180

Re: Do I need to invest in bonds if I have a pension?

Anyone with a pension should watch the recently aired PBS Frontline episode "The Pension Gamble." OP is a fed. If there is a point where pensions are in jeopardy, I would say the entire populace will be feeling the pinch. This is not some corporate, city, county, or state pension. If FERS runs into...
by tigermilk
Tue Dec 24, 2019 5:21 am
Forum: Personal Investments
Topic: Do I need to invest in bonds if I have a pension?
Replies: 48
Views: 4180

Re: Do I need to invest in bonds if I have a pension?

It’s easy to be 100% stock when the market keeps going up. Wonder how those who were within a few years of retirement in 2008 felt about 100% stock? I was 100/0 in 2008. I was an ostrich with my head buried in the sand, it was a great time of buying on the cheap, and I came out of it better than my...
by tigermilk
Mon Dec 23, 2019 7:21 am
Forum: Personal Investments
Topic: Do I need to invest in bonds if I have a pension?
Replies: 48
Views: 4180

Re: Do I need to invest in bonds if I have a pension?

Rather than ask if you should invest in bonds since you will have a pension, ask another question- "should I invest in bonds in my 30s if I intend to retire at 62?" As a fed myself, I didnt hold any bond funds until age 47 (am now 50), and even then it was a relatively small (10% of my TSP and 0% of...
by tigermilk
Sat Dec 21, 2019 8:50 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 896
Views: 149911

Re: High Earners - What's Your Profession?

The poster that said he’s making 250-300k as an Aerosoace Engineer is stretching the truth a bit. It’s a W2 contracting position with lots of OT to get to that level. No seniority, promotions, etc. For traditional engineering, those levels aren’t seen unless you’re a fellow with tons of experience....
by tigermilk
Fri Dec 20, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: What is your home's price/value per square foot, and does that make it an investment?
Replies: 79
Views: 4040

Re: What is your home's price/value per square foot, and does that make it an investment?

I edited the title of the thread to hopefully make it actionable, adding to the question of whether value per square foot can be part of considering a home as an investment. I don't expect many to agree with me that it can be. That's OK, it's still interesting from my perspective at least. I'll say...
by tigermilk
Sun Dec 15, 2019 11:43 am
Forum: Personal Investments
Topic: Federal employee asset allocation question
Replies: 14
Views: 958

Re: Federal employee asset allocation question

How does a HSA work with the Federal health retirement plan? Thanks. It would probably be best to search the internet. But you can contribute to the HSA post-retirement fairly easy until 65. If you delay Medicare, you can contribute longer. I haven't delved into those mechanics yet. Being overseas ...