Search found 177 matches
- Sat Mar 09, 2024 8:26 am
- Forum: Personal Finance (Not Investing)
- Topic: When did "gift" become a verb?
- Replies: 14
- Views: 847
Re: When did "gift" become a verb?
Your question is quite an ask.
- Sun Mar 03, 2024 5:16 pm
- Forum: Personal Consumer Issues
- Topic: When do electric cars stop making sense?
- Replies: 210
- Views: 16093
Re: When do electric cars stop making sense?
In a perfect world, sure, but in the world we've got cars are a staple. So EVs do make sense in almost all cases. Long distance towing is probably a valid exception at this point which will be addressed with technology, too. So for now that's an answer for the OP.
- Sun Mar 03, 2024 11:26 am
- Forum: Personal Consumer Issues
- Topic: When do electric cars stop making sense?
- Replies: 210
- Views: 16093
Re: When do electric cars stop making sense?
We've owned two EVs over a total of about 7 years and total maintenance cost has been a few wiper blades and one set of tires which lasted as long or longer than all the ICE vehicles I've driven in the past. Friction brakes are essentially brand new still and no other issues. During this time electricity has been $0.09/kWh and the highest $0.15/kWh, so huge savings over gas or diesel. Have only owned EVs in cold, mountain climates and zero issues with charging, starting, or any other part of vehicle operation. Our EV experience has been infinitely better than the decades of driving "agricultural equipment", a term which we humorously (and accurately, IMO) use to describe fossil fuel burners. But, yeah, if you're paying $0.5/kWh, i...
- Mon Jan 29, 2024 10:46 am
- Forum: Personal Consumer Issues
- Topic: What are some of the things that improved YOUR quality of life?
- Replies: 254
- Views: 41943
Re: What are some of the things that improved YOUR quality of life?
Vegetarian diet
Rec center membership
Good running shoes
Library card
A nice old school 2 channel audio system
Close to zero TV
New Yorker subscription
Wonderful wife and two kids
Living in a beautiful location with four seasons
Rec center membership
Good running shoes
Library card
A nice old school 2 channel audio system
Close to zero TV
New Yorker subscription
Wonderful wife and two kids
Living in a beautiful location with four seasons
- Thu Jan 18, 2024 1:57 pm
- Forum: Personal Consumer Issues
- Topic: Tesla in Cold Weather
- Replies: 197
- Views: 17881
Re: Tesla in Cold Weather
This topic dredges up some great clickbait and misinformation, but the reality is EVs work pretty well in the cold. The OMG CAR GRAVEYARD! Breitbart hit piece anecdotes don't change this fact. My own anecdote: it was -15 last week here. My EV had no problem charging in the 10 degree F garage overnight on 120V and no problem getting to work. Two employees in our office couldn't get to work because their cars "wouldn't start" (both ICE). All cars lose range in cold weather: around 15% for ICE and more like 20-30% for EV depending on what you're doing with climate control. My Korean EV has consistently had about 20% lower range this winter compared to summer, not much different than ICE. Charging, indoors or outdoors, has never been ...
- Mon Dec 25, 2023 10:11 am
- Forum: Personal Consumer Issues
- Topic: Low Voltage System for entire home
- Replies: 17
- Views: 2311
Re: Low Voltage System for entire home
What's the upside of running a low voltage system as opposed to just using LED bulbs which draw very little power from standard 110V? Seems like it would be cheaper (and dramatically simpler) and similarly efficient to just tap in to your existing system. Low voltage house wiring has only become practical with the introduction of LED lighting. 120V circuits are overkill for LED lighting. There are two major advantages to low voltage lighting. The first is that you can typically use smaller wiring which saves on copper because LED lighting requires less power. The second is that you don't need to have a AC to DC converter in every light bulb. The AC to DC converter in every light bulb takes up space, which limits their use to larger bulb si...
- Sun Dec 24, 2023 12:05 pm
- Forum: Personal Consumer Issues
- Topic: Low Voltage System for entire home
- Replies: 17
- Views: 2311
Re: Low Voltage System for entire home
What's the upside of running a low voltage system as opposed to just using LED bulbs which draw very little power from standard 110V? Seems like it would be cheaper (and dramatically simpler) and similarly efficient to just tap in to your existing system.
- Sat Dec 23, 2023 8:54 pm
- Forum: Personal Finance (Not Investing)
- Topic: how much do you think you need to retire?
- Replies: 279
- Views: 56386
Re: how much do you think you need to retire?
Need? Probably a few hundred thousand bucks in ultra frugal mode.
Want? Probably a few million. But I'm sure a wide range would suffice. I think the numbers being thrown out in this thread are almost entirely arbitrary. So I'll just say $3 million.
Want? Probably a few million. But I'm sure a wide range would suffice. I think the numbers being thrown out in this thread are almost entirely arbitrary. So I'll just say $3 million.
- Fri Dec 01, 2023 1:32 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 4273
- Views: 1072159
Re: Share your net worth progression
2008: (150k)
2009: (130k)
2010: (120k)
2011: (100k)
2012: (60k)
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
2018: 1.2M
2019: 1.6M
2020: 2.1M
2021: 2.5M
2022: 2.3M
2023: 2.5M
2009: (130k)
2010: (120k)
2011: (100k)
2012: (60k)
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
2018: 1.2M
2019: 1.6M
2020: 2.1M
2021: 2.5M
2022: 2.3M
2023: 2.5M
- Mon Oct 02, 2023 6:20 pm
- Forum: Personal Consumer Issues
- Topic: Considering Tesla model y long range, what do I need to know?
- Replies: 141
- Views: 19849
Re: Considering Tesla model y long range, what do I need to know?
I agree with others: drive the competition. The Tesla UI is nice and the Supercharger network is great if you're driving long distances frequently. Otherwise I'd go with something else due to build quality, refinement, interior, and perhaps CEO issues. I have an AWD Kia EV6 which gets >300 miles in city driving without a problem, charges very fast, is well built, very quick (0-60 in 4.3s), and a joy to drive. No tax credit (yet) but you can lease/buyout to effectively get the credit.
I also agree with that anything under about 10 seconds 0-60 is completely fine unless you're drag racing. It wasn't long ago that 8 seconds was considered quick and 4.3 was six figure European hypercar territory.
I also agree with that anything under about 10 seconds 0-60 is completely fine unless you're drag racing. It wasn't long ago that 8 seconds was considered quick and 4.3 was six figure European hypercar territory.
- Wed Aug 16, 2023 12:04 pm
- Forum: Personal Consumer Issues
- Topic: Would this car buying tactic work?
- Replies: 51
- Views: 5938
Re: Would this car buying tactic work?
Yes, I got the "just come on down and we'll take care of you" routine from two dealers. Hard pass.snic wrote: ↑Wed Aug 02, 2023 6:47 am
Did you try calling them? Salespeople seem to prefer that over email. You can send the same email to 100 dealers in 15 minutes, but if you're calling them you're dedicating the entire 15 minutes to them alone. So you're seen as more serious if you're on the phone.
Of course they like you to come in best of all, but usually they are willing to at least give you a price over the phone.
- Wed Aug 16, 2023 12:02 pm
- Forum: Personal Consumer Issues
- Topic: Crazy real estate market - appraisal
- Replies: 40
- Views: 4907
Re: Crazy real estate market - appraisal
Having played this game recently, we found that the appraisal already accounted for the insanity in the market. In other words we paid about 18% over asking and the house still appraised for more than we paid. Our agent said this is typical throughout the HCOL area were in, so hopefully it will apply to selling your home.
- Tue Aug 01, 2023 8:13 pm
- Forum: Personal Consumer Issues
- Topic: Would this car buying tactic work?
- Replies: 51
- Views: 5938
Re: Would this car buying tactic work?
I've found, as of late, that dealerships don't want to reply with a price, OTD or otherwise, in email. Good way to lose a sale, I suppose, but recently I was 0 for 3 trying this. Dealerships need to go extinct, pronto.Wanderingwheelz wrote: ↑Tue Aug 01, 2023 7:10 pm Just get on your computer and find a couple of cars you like and shoot the internet sales manager a nice email asking what their OTD price would be with all fees and add-ons included.
The majority of dealerships don’t want to play games and you’ll end up looking like an oddball if you try to pull a “Cliff Huxtable” (if you remember that episode all those years ago).
- Mon Dec 26, 2022 1:55 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 4273
- Views: 1072159
Re: Share your net worth progression
2008: (150k)
2009: (130k)
2010: (120k)
2011: (100k)
2012: (60k)
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
2018: 1.2M
2019: 1.6M
2020: 2.1M
2021: 2.5M
2022: 2.3M
2009: (130k)
2010: (120k)
2011: (100k)
2012: (60k)
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
2018: 1.2M
2019: 1.6M
2020: 2.1M
2021: 2.5M
2022: 2.3M
- Fri Dec 10, 2021 3:31 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 4273
- Views: 1072159
Re: Share your net worth progression
2008: (150k)
2009: (130k)
2010: (120k)
2011: (100k)
2012: (60k)
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
2018: 1.2M
2019: 1.6M
2020: 2.1M
2021: 2.5M
2009: (130k)
2010: (120k)
2011: (100k)
2012: (60k)
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
2018: 1.2M
2019: 1.6M
2020: 2.1M
2021: 2.5M
- Tue Nov 30, 2021 11:13 am
- Forum: Personal Consumer Issues
- Topic: [Replacing HVAC - considering heat pump]
- Replies: 81
- Views: 6474
Re: Heat pumps
Not my area of expertise, but my reasoning is that since the air heat pump doesn't work or work well below 40 degrees anyway , I don't think there's a difference when heating. When it kicks into using the alternative heating method otoh.... That said, I'm in Phoenix, my heating costs are probably less than most people's electricity bill. Summer otoh... Ugh This is a commonly repeated and incorrect statement about heat pumps I heard from several HVAC companies until I found a knowledgeable one and did some of my own research. The performance of modern heat pumps down to extremely cold temperatures is outstanding. Our new unit has backup electric heat that will turn on at 10F if needed but the heat pump is actually capable of working way bel...
- Wed Nov 10, 2021 1:17 pm
- Forum: Personal Finance (Not Investing)
- Topic: Tips for major home remodel - any regrets?
- Replies: 34
- Views: 4807
Re: Tips for major home remodel - any regrets?
We got pretty far into a big project (architect, design, etc.) and pulled the plug just before signing with a contractor because of how completely nuts the costs have become in the last few years. It was going to be pushing 7 figures for a small addition on a small house and probably would have taken two years or more. Be prepared for breathtaking sticker shock is my only advice if you want to proceed.
We regret throwing money away up front but ultimately it was the right decision to kill the project.
We regret throwing money away up front but ultimately it was the right decision to kill the project.
- Wed Aug 18, 2021 9:32 am
- Forum: Personal Consumer Issues
- Topic: How much to spend on remodel?
- Replies: 32
- Views: 2899
Re: How much to spend on remodel?
Be prepared to have your mind blown on estimates in this market. I don't think there's a good source of data on renovation/remodel costs nationwide but it seems that they have mirrored, if not exceeded real estate prices. We started out with a plan for a relatively modest project and a tiny addition for a small house...and had multiple 7 figure bids. We're in a MCOL area. The cheapest bids were closer to $600k. I think 10 years ago our project would have been $150k according to everyone we've talked to.
- Sun May 30, 2021 4:58 pm
- Forum: Personal Consumer Issues
- Topic: New 2020 Honda Clarity vs New Tesla Model 3
- Replies: 32
- Views: 3333
Re: New 2020 Honda Clarity vs New Tesla Model 3
If you're in an excellent financial position and won't "miss" the extra $20k for the Tesla, then you should definitely get the Tesla. The Honda is nice but nowhere near the performance and technology of the 3. If money were no object, the only reason I'd get the Honda is if I regularly had to take long road trips in remote areas.
- Fri May 14, 2021 10:33 am
- Forum: Personal Finance (Not Investing)
- Topic: What specific complaints do you have for your tax software
- Replies: 65
- Views: 5491
Re: What specific complaints do you have for your tax software
I've been using TT for many years and my only complaint is the somewhat convoluted method to show a Backdoor Roth IRA conversion.
- Thu May 13, 2021 2:08 pm
- Forum: Personal Consumer Issues
- Topic: Phoenix, AZ as an early retirement location? Advice please
- Replies: 156
- Views: 17385
Re: Phoenix, AZ as an early retirement location? Advice please
I wish the older driver problem in AZ was just a generalization.
https://tripnet.org/reports/news-releas ... -or-older/
https://tripnet.org/reports/news-releas ... -or-older/
- Thu May 13, 2021 11:20 am
- Forum: Personal Consumer Issues
- Topic: Phoenix, AZ as an early retirement location? Advice please
- Replies: 156
- Views: 17385
Re: Phoenix, AZ as an early retirement location? Advice please
"Culture" means different things to different people. As another poster mentioned, people actually talk and socialize with their neighbors in AZ (one of the things I also noticed when moving from CA to AZ) - I consider that culture more than the availability of restaurants. I find that most of the places that are generally regarded as having a lot of "culture", I have no interest in living in. That's quite a generalization. I have found several neighborhoods within the PHX metro area, including where my parents now live, to be the complete opposite. I also have family in CA who live in neighborhoods with plenty of socializing. These are anecdotes. The reality is probably that people in AZ are not much different than peo...
- Thu May 13, 2021 9:37 am
- Forum: Personal Consumer Issues
- Topic: Phoenix, AZ as an early retirement location? Advice please
- Replies: 156
- Views: 17385
- Wed May 12, 2021 6:52 pm
- Forum: Personal Consumer Issues
- Topic: Phoenix, AZ as an early retirement location? Advice please
- Replies: 156
- Views: 17385
Re: Phoenix, AZ as an early retirement location? Advice please
Other than Phoenix being an objectively very hot, sprawling place, it's sort of hard to generalize. I lived in different areas of the Valley for several years and now live elsewhere. Some thoughts/opinions from my experiences there: Good things: no ice to slip on, lots of sun, the Sonoran Desert can be beautiful, roads are in good shape mostly due to the weather, decent variety of areas/neighborhoods to choose from, some good Mexican establishments Not good things: heat, tons of driving required, lots of A/C at home and in cars, not much culture overall, not many walkable areas, running out of water Overall I think Phoenix would be a decent place to retire given the weather, reasonably good medical care, and moderately priced real estate .....
- Sat Apr 10, 2021 1:53 pm
- Forum: Personal Finance (Not Investing)
- Topic: Tales from this insane real estate market [Home sales]
- Replies: 2905
- Views: 515232
Re: Tales from this insane real estate market
Next door house got bulldozed a few years ago (was worth about $300k) and replaced with ugly McMansion box with no yard. Just sold for $1.6 million.
House across the street sold for $400k-ish five years ago. Sold for $985k in one day with bidding wars.
Old but large (~3800 sq ft) down the street that was only partially redone but still kind of junky in parts sold for $1.4 million two weeks ago.
And on...and on...
This area was full of $250k-350k houses 10 years ago.
House across the street sold for $400k-ish five years ago. Sold for $985k in one day with bidding wars.
Old but large (~3800 sq ft) down the street that was only partially redone but still kind of junky in parts sold for $1.4 million two weeks ago.
And on...and on...
This area was full of $250k-350k houses 10 years ago.
- Sun Feb 07, 2021 2:06 pm
- Forum: Personal Finance (Not Investing)
- Topic: "Wealth Multiplier By Age: How Rich Will You Be?"
- Replies: 26
- Views: 8243
Re: "Wealth Multiplier By Age: How Rich Will You Be?"
I had a lot of tuition debt at 25. Looks like I'll be worth negative $7.5 million at 65. Bummer!
- Wed Jan 27, 2021 12:24 pm
- Forum: Investing - Theory, News & General
- Topic: [GameStop GME trading mega-thread]
- Replies: 5086
- Views: 396711
Re: Help me set a Sell limit order for GME (GameStop)
But what is going on here when companies like GameStop are blowing up for...why again? I mean Peloton has a bigger market cap right now than Ford. We should compare apples to apples. Ford is the bigger company. Its enterprise value (EV) is much bigger. EV = Stock's Market Cap + Debt. I mean, when financing a company the CFO can cut the pie between stock or debt almost anyway they want. Ford also has a problem that it may have a large stranded assets. If electrical vehicles and robotic production really take off Ford is going to have to junk machines and lay off union works. They will almost have to start over again. Neither Tesla nor Peloton have this issue. Not saying I can justify their prices but we can certainly put it into context. In...
- Wed Jan 27, 2021 11:32 am
- Forum: Personal Investments
- Topic: WSB fomo help
- Replies: 16
- Views: 1594
- Wed Jan 27, 2021 11:20 am
- Forum: Personal Investments
- Topic: Any boring investors left?
- Replies: 222
- Views: 17983
Re: Any boring investors left?
Happily boring investor here with 10/10 on the Boring Checklist.
The market is due to crater (like it always is) and I'm content with riding the swells instead of going over waterfalls in a leaky canoe hoping not to drown. The WSB stuff is entertaining to watch but it seems that regulatory risk is not something a lot of these speculators are considering.
The market is due to crater (like it always is) and I'm content with riding the swells instead of going over waterfalls in a leaky canoe hoping not to drown. The WSB stuff is entertaining to watch but it seems that regulatory risk is not something a lot of these speculators are considering.
- Wed Jan 27, 2021 9:15 am
- Forum: Investing - Theory, News & General
- Topic: [GameStop GME trading mega-thread]
- Replies: 5086
- Views: 396711
Re: Help me set a Sell limit order for GME (GameStop)
OK, I kind of almost understand TSLA's price.
But what is going on here when companies like GameStop are blowing up for...why again? I mean Peloton has a bigger market cap right now than Ford.
Are we about ready to go over a dotcom cliff or something? Being a "boring" investor I don't care much but...uh...what is going on?
But what is going on here when companies like GameStop are blowing up for...why again? I mean Peloton has a bigger market cap right now than Ford.
Are we about ready to go over a dotcom cliff or something? Being a "boring" investor I don't care much but...uh...what is going on?
- Mon Dec 07, 2020 10:10 am
- Forum: Personal Consumer Issues
- Topic: How much do you spend on gifts for the holidays?
- Replies: 73
- Views: 5306
Re: How much do you spend on gifts for the holidays?
About $1k total, maybe slightly more this year. No big ticket items, just a lot of recipients. I'm not big on gifts but I play along to keep the peace for the most part.
- Tue Dec 01, 2020 12:53 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 4273
- Views: 1072159
Re: Share your net worth progression
2008: (150k)
2009: (130k)
2010: (120k)
2011: (100k)
2012: (60k)
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
2018: 1.2M
2019: 1.6M
2020: 2.1M
2009: (130k)
2010: (120k)
2011: (100k)
2012: (60k)
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
2018: 1.2M
2019: 1.6M
2020: 2.1M
- Mon Mar 23, 2020 12:46 pm
- Forum: Investing - Theory, News & General
- Topic: Why is it not possible to build a recession proof portfolio?
- Replies: 22
- Views: 2048
Re: Why is it not possible to build a recession proof portfolio?
Because, arguably, no asset has intrinsic value. It follows that the value of assets cannot be predicted because future events, which necessarily have effects on the value of assets, cannot be predicted, either. Therefore none of the infinite combinations of asset types can be relied upon to maintain any pre-specified value to satisfy the definition of "recession proof".
/$0.02
/$0.02
- Mon Mar 23, 2020 12:37 pm
- Forum: Investing - Theory, News & General
- Topic: A Call For Compassion
- Replies: 58
- Views: 5451
Re: A Call For Compassion
Nice thread.
In my view, compassion is necessarily part of education and enlightenment, which is what this forum is all about. It is a time to acknowledge the suffering of others as well as our own inability to predict the future.
We all "knew" this was coming in the same way that we know South Carolina will be hit by a hurricane sometime in the future. Not a very bold prediction, so let us remain humble in the face of chaos which can only be interpreted in retrospect.
In my view, compassion is necessarily part of education and enlightenment, which is what this forum is all about. It is a time to acknowledge the suffering of others as well as our own inability to predict the future.
We all "knew" this was coming in the same way that we know South Carolina will be hit by a hurricane sometime in the future. Not a very bold prediction, so let us remain humble in the face of chaos which can only be interpreted in retrospect.
- Sat Mar 21, 2020 3:36 pm
- Forum: Investing - Theory, News & General
- Topic: COVID Crash: What did you get right?
- Replies: 61
- Views: 4133
Re: COVID Crash: What did you get right?
We've done exactly nothing. I don't pretend to know the future and I don't blame myself for not selling because I just assume I'd be wrong. For now, continuing to contribute twice per month through work-related pretax accounts and taxable. Continuing frugal lifestyle and no debt. I'm looking at my dropping balances all the time because it desensitizes me (that may sound weird but it works for me psychologically). Probably will gradually increase bonds as function of age but not reacting to anything now.
This is a hard time for a lot of people though and I fully recognize the fortunate position we're in.
This is a hard time for a lot of people though and I fully recognize the fortunate position we're in.
- Tue Jan 21, 2020 11:46 am
- Forum: Personal Finance (Not Investing)
- Topic: How best to finance renovation when home is paid off?
- Replies: 18
- Views: 1880
Re: How best to finance renovation when home is paid off?
The renovation decision was made somewhat recently and is not even finalized. We had planned on possibly moving to a different house but there's no inventory around here.
I understand the critiques of my position that others have written, but this isn't a problem for us. We simply paid off a 15 year mortgage a bit early and nothing was done "feverishly". The question was NOT about whether we should have paid off the mortgage; it was about if that changed anything about financing a project. It now appears that is not the case. Thanks for the feedback, everyone.
I understand the critiques of my position that others have written, but this isn't a problem for us. We simply paid off a 15 year mortgage a bit early and nothing was done "feverishly". The question was NOT about whether we should have paid off the mortgage; it was about if that changed anything about financing a project. It now appears that is not the case. Thanks for the feedback, everyone.
- Mon Jan 20, 2020 6:06 pm
- Forum: Personal Finance (Not Investing)
- Topic: How best to finance renovation when home is paid off?
- Replies: 18
- Views: 1880
Re: How best to finance renovation when home is paid off?
It's definitely a want and not a need but we're in good financial shape and OK with not having that much cash right now.
- Mon Jan 20, 2020 2:50 pm
- Forum: Personal Finance (Not Investing)
- Topic: How best to finance renovation when home is paid off?
- Replies: 18
- Views: 1880
Re: How best to finance renovation when home is paid off?
It's a smallish, older home in a great area. Everything is functional but...old. Probably no addition but may consider small one. In addition to new finishes/materials, a lot of the project will be upgrading energy efficiency, possibly to zero net energy use.
- Mon Jan 20, 2020 2:40 pm
- Forum: Personal Finance (Not Investing)
- Topic: How best to finance renovation when home is paid off?
- Replies: 18
- Views: 1880
Re: How best to finance renovation when home is paid off?
We paid off our 15 year fixed a bit early. I don't like debt but we are comfortable financing this project and then probably will pay off early again. May do a mix of funding sources, as suggested. Thanks for the replies.
- Mon Jan 20, 2020 12:45 pm
- Forum: Personal Finance (Not Investing)
- Topic: How best to finance renovation when home is paid off?
- Replies: 18
- Views: 1880
How best to finance renovation when home is paid off?
We are looking at a fairly large (six figure) renovation in the next year or so. Our mortgage was recently paid off.
I know there are several ways to finance a large project like this, but my question is: should the lack of a mortgage influence how we finance the renovation? What would be the best type of product be in our situation? From what I can tell many of the available products are utilized by those with mortgage debt and I don't know how (or if) that changes without it.
Thanks!
I know there are several ways to finance a large project like this, but my question is: should the lack of a mortgage influence how we finance the renovation? What would be the best type of product be in our situation? From what I can tell many of the available products are utilized by those with mortgage debt and I don't know how (or if) that changes without it.
Thanks!
- Tue Dec 24, 2019 11:13 am
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 4273
- Views: 1072159
Re: Share your net worth progression
2008: (150k)
2009: (130k)
2010: (120k)
2011: (100k)
2012: (60k)
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
2018: 1.2M
2019: 1.6M
2009: (130k)
2010: (120k)
2011: (100k)
2012: (60k)
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
2018: 1.2M
2019: 1.6M
- Wed May 01, 2019 3:16 pm
- Forum: Personal Finance (Not Investing)
- Topic: Has anyone down-shifted in their career?
- Replies: 59
- Views: 9808
Re: Has anyone down-shifted in their career?
Great thread.
I, too, struggle with this issue. There is constant tension between quality of life/you only live once/the kids are growing up too fast, and I need to live up to my potential/ambition is good/I want to achieve more. I don't have a good answer and can only speak for myself but I'm now fairly convinced that professional achievements are fleeting and usually meaningless in the grand scheme of things (maybe Nobel laureates, Jack Bogle, or Elon Musk are exceptions!).
With this in mind, I have decided to reduce my work responsibilities and hours along with a ~25% pay cut next year. My age and financial situation is somewhat similar to the OP.
I, too, struggle with this issue. There is constant tension between quality of life/you only live once/the kids are growing up too fast, and I need to live up to my potential/ambition is good/I want to achieve more. I don't have a good answer and can only speak for myself but I'm now fairly convinced that professional achievements are fleeting and usually meaningless in the grand scheme of things (maybe Nobel laureates, Jack Bogle, or Elon Musk are exceptions!).
With this in mind, I have decided to reduce my work responsibilities and hours along with a ~25% pay cut next year. My age and financial situation is somewhat similar to the OP.
- Tue Jan 01, 2019 1:48 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 4273
- Views: 1072159
Re: Share your net worth progression
Annual update:
2008: -150k
2009: -130k
2010: -120k
2011: -100k
2012: -60k
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
2018: (as of 1/1/19) 1.2M
Despite market madness this thread keeps me motivated! Investments of course took a hit but brute saving and paying down the mortgage principal has been helpful.
2008: -150k
2009: -130k
2010: -120k
2011: -100k
2012: -60k
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
2018: (as of 1/1/19) 1.2M
Despite market madness this thread keeps me motivated! Investments of course took a hit but brute saving and paying down the mortgage principal has been helpful.
- Thu Apr 19, 2018 11:09 am
- Forum: Personal Finance (Not Investing)
- Topic: How old are you and how much do you save for retirement a year
- Replies: 244
- Views: 42752
Re: How old are you and how much do you save for retirement a year
DW and I both in our mid 30s, save about $120,000 per year for retirement
- Fri Mar 09, 2018 2:08 pm
- Forum: Personal Consumer Issues
- Topic: What do you pay for your phone/cable/internet? REAL total with tax?
- Replies: 61
- Views: 7960
Re: What do you pay for your phone/cable/internet? REAL total with tax?
$50.00 real per month for Google Fiber internet
$44.xx real per month for two phones through Republic Wireless
No cable or landline
$44.xx real per month for two phones through Republic Wireless
No cable or landline
- Thu Dec 21, 2017 4:04 pm
- Forum: Personal Finance (Not Investing)
- Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
- Replies: 889
- Views: 85896
Re: Tax Bill Omnibus Thread
Maybe this has been covered, but with the large increase in the standard deduction, does it suddenly make more sense to pay down a mortgage? Previously we were itemizing and the effective mortgage rate was in the 2.x% range. It's hard to argue with a ~4% guaranteed return since we can no longer deduct to "make" the effective rate lower.
- Sun Dec 03, 2017 1:59 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 4273
- Views: 1072159
Re: Share your net worth progression
Annual update since joining a few years ago:
2008: -150k
2009: -130k
2010: -120k
2011: -100k
2012: -60k
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
2008: -150k
2009: -130k
2010: -120k
2011: -100k
2012: -60k
2013: 0
2014: 160k
2015: 340k
2016: 620k
2017: 1M
- Thu Jan 05, 2017 1:24 pm
- Forum: Investing - Theory, News & General
- Topic: Whats your number to walk away?
- Replies: 360
- Views: 63865
Re: Whats your number to walk away?
$2.5M to walk away from current job. I would still work but...less. And perhaps for free or very little money.
- Tue Nov 22, 2016 12:24 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 4273
- Views: 1072159
Re: Share your net worth progression
2008: -150k
2009: -130k
2010: -120k
2011: -100k
2012: -60k
2013: 0
2014: +160k
2015: 340k
2016: 620k
2009: -130k
2010: -120k
2011: -100k
2012: -60k
2013: 0
2014: +160k
2015: 340k
2016: 620k
- Sat Oct 08, 2016 2:48 pm
- Forum: Personal Consumer Issues
- Topic: Budget car advice; so so tired of the noise levels
- Replies: 75
- Views: 20435
Re: Budget car advice; so so tired of the noise levels
If you don't have to drive very long distances every day, a used Nissan Leaf is an outstanding value. It has very low noise around town or on the freeway. One can pick up a low mileage, barely used Leaf for less than $10k that will last years and be almost free to operate.