Search found 84 matches

by ChowYunPhat
Sat Nov 17, 2018 7:46 pm
Forum: Personal Consumer Issues
Topic: How to pick a wifi router to replace one we rent from Cox?
Replies: 20
Views: 1273

Re: How to pick a wifi router to replace one we rent from Cox?

Sams or Costco will sell these at a decent price. Sometimes you can find nice deals on Amazon and Newegg.com as well. If you want to research, suggest starting at NewEgg and reading the reviews. Posters will tell you if their house & size was a good fit for the product. https://www.newegg.com/Wirele...
by ChowYunPhat
Thu Nov 01, 2018 6:24 pm
Forum: Personal Consumer Issues
Topic: What does the BH community do with their pets when they travel?
Replies: 78
Views: 6420

Re: What does the BH community do with their pets when they travel?

Petsitter works best for us. Neighborhood teen stays at the house. Dogs freak when you take them somewhere and drop them off. This. It can be hard to find that right person. We've used nieces and nephews in the past. Most recently we've had success using Nextdoor to find nearby young adults who don...
by ChowYunPhat
Mon Oct 22, 2018 5:53 pm
Forum: Personal Consumer Issues
Topic: Quitting w/o notice
Replies: 132
Views: 8727

Re: Quitting w/o notice

Another vote for giving the 2 week notice. I've been on both sides of this one....the notice is common courtesy to both your boss and co-workers who will have to shoulder the load once you're gone. I also appreciate being in a role where you wake up to panic attacks and are over-worked & under appre...
by ChowYunPhat
Tue Oct 16, 2018 6:54 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 11416

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

The following 2 articles are great examples of why I don't invest directly in int'l (and frankly a stark reminder of how little I understand int'l financial markets) when that money can be directed into US companies. This is obviously personal preference and a tilt within my portfolio. Satisfied wit...
by ChowYunPhat
Sun Sep 30, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Now or Wait
Replies: 18
Views: 1658

Re: Retirement Now or Wait

Halfmiler, you're in great shape. Lifetime of saving and preparation has you well prepared. Couple of considerations. You have 40x expenses..... 1. This. Mathematically, you have an almost guaranteed level of savings to cover at less than a 3% SWD. If retirement is interesting and exciting to you, I...
by ChowYunPhat
Sat Sep 22, 2018 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 13436

Re: Considering Quitting Job - Seeking Advice. Would you do it?

Man...just reading through the posts and journey....congrats team RW73! So happy for you and your family. I'm a day late but share same feelings as most other posters. Life is too short, and the meaning and pride you take in your work can be channeled elsewhere. I was in a caustic work environment w...
by ChowYunPhat
Fri Sep 21, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Thank you from a widow
Replies: 24
Views: 4864

Re: Thank you from a widow

I have benefited from this forum and the wisdom of its members for many years. You have helped me prepare for retirement, develop contingencies, .........Thank you for the wisdom you have shared and will continue to share. What you do is important. You have helped me, and you will help many, many m...
by ChowYunPhat
Sun Sep 16, 2018 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of Retiring at 52, Please Critique Plan
Replies: 61
Views: 9568

Re: Thinking of Retiring at 52, Please Critique Plan

Travel424, welcome to the forum and appreciate you posting the question. It can feel awkward sharing a lifetime of financial work and seeking feedback. In summary, it seems you and your family have done very well and currently live a somewhat frugal lifestyle which lines up well with early/semi-part...
by ChowYunPhat
Thu Sep 13, 2018 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 11634

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

This post really resonates with me. Spouse and I are in our early 40s with her in semi-retirement. We are both happy and able to spend and save at levels which are comfortable. Heading towards FI in the next couple of years, but really enjoying my work and am well compensated. I think about this top...
by ChowYunPhat
Sat Sep 01, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Last Will and testament involving very young children and 7 figure estate. What have you done?
Replies: 15
Views: 2166

Re: Last Will and testament involving very young children and 7 figure estate. What have you done?

For us, dealing with the money was the easiest part. Setting up our will for dealing with our children if we should both die close together was the more complicated part. For us, we didn't trust online wills to adequately take care of this part so we found an attorney to help guide us through the p...
by ChowYunPhat
Thu Aug 23, 2018 11:51 am
Forum: Forum Issues and Administration
Topic: Rating system for posts/posters ?
Replies: 60
Views: 2848

Re: Rating system for posts/posters ?

Agree with many of the posters on this already. Freefun put it best. This is probably the best forum I’ve seen. I came here for financial advice and ended up learning so much other stuff. If there were ratings I might have not read stuff I definitively benefited from. Love this the way it is and hap...
by ChowYunPhat
Thu Aug 23, 2018 11:07 am
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 5494

Re: Test your cognitive biases

Interesting test Victoria and fun. I also got the "better than 75%-100% of college graduates" but like other posters the math major probably helped a bit here. In fairness, I probably would have sided with DM below had I scored lower :) I scored "better than 75%-100% of college graduates". Full disc...
by ChowYunPhat
Thu Aug 23, 2018 10:46 am
Forum: Local Chapters and Bogleheads Community
Topic: Houston Chapter
Replies: 85
Views: 17625

Re: Houston Chapter

Interested in connecting as well. Live in Galleria but open to attending next Houston meet up.

Take care.
by ChowYunPhat
Wed Aug 22, 2018 10:29 am
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 10678

Re: I own 1,387 items!

DanMahowny wrote:
Wed Aug 22, 2018 10:05 am
My dog "owns" more than 100 things.
:D hahahah. This thread is so awful I can't turn away from it. I think my dogs may own more than 100 items too but probably won't get around to counting these things. Please keep the thread going.
by ChowYunPhat
Tue Aug 14, 2018 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage [How should finances be handled?]
Replies: 74
Views: 7887

Re: Marriage [How should finances be handled?]

Congrats on the upcoming marriage. It sounds like you're already making good decisions by attacking the student loans and investing. Once you're married, this may open up additional opportunities especially if both of you are working. -Fully fund Roths (or backdoor Roths if you're so lucky) -Take ad...
by ChowYunPhat
Sun Aug 05, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Question to retirees - money or work/life balance?
Replies: 46
Views: 5540

Re: Question to retirees - money or work/life balance?

TexasCPA, can you share a little more about some of the choices you feel you might be making in the coming years? I could guess based on your moniker but would be great to get more of your perspective.
by ChowYunPhat
Sat Aug 04, 2018 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth Questions
Replies: 9
Views: 890

Re: Backdoor Roth Questions

Ted,

Recommend checking out the White Coat Investor tutorial at https://www.whitecoatinvestor.com/backd ... -tutorial/

This is an excellent step by step guide including screen shots of the your 8606 forms and should help you avoid some pitfalls too.

Good luck.
by ChowYunPhat
Fri Aug 03, 2018 3:42 pm
Forum: Local Chapters and Bogleheads Community
Topic: How did you become a Boglehead?
Replies: 53
Views: 3947

Re: How did you become a Boglehead?

There was an HBS case study in grad school that mentioned Fidelity and Vanguard...probably the most important 1 hour class in my life. Learned about Bogleheads through Vanguard investing after graduation.
by ChowYunPhat
Fri Aug 03, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable giving strategy
Replies: 43
Views: 2466

Re: Charitable giving strategy

This. The largest portion of my giving is to several places that I also support with my time as a volunteer. I give smaller amounts (usually toward the end of the year) to a few other causes I have settled on. I have enough causes on my list now, that I feel very comfortable declining any and all of...
by ChowYunPhat
Wed Aug 01, 2018 8:20 pm
Forum: Personal Consumer Issues
Topic: Best schools for an IB internship
Replies: 17
Views: 1527

Re: Best schools for an IB internship

It's great you're thinking ahead. College should be thought of as vocational prep and always better when you have some sense of where you'd like to land. I agree with much of what the other posters have said. In general, Ivy League attendance can get you an IB interview but you'll have to earn it pa...
by ChowYunPhat
Sun Jul 29, 2018 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 157
Views: 14074

Re: Should I Dump a Pile of Money on Young Son?

Every time I see a post with the words "million dollars" the image of Lawrence from Office Space comes to mind....but I digress. Glad to hear your son is doing well, disciplined and seems to be on his way to a bright future. You can be truly thankful and proud at having played a part in his upbringi...
by ChowYunPhat
Thu Jul 26, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Biggest financial decision of my life: selling a big wad of options
Replies: 46
Views: 5448

Re: Biggest financial decision of my life: selling a big wad of options

Neversell, welcome to the forum and congrats on your hard work and good fortune. You should feel great about the position you're in. You should also consider changing your username :D Most of the other posters have already covered it well, but I would reinforce the following: * Sell at your next tra...
by ChowYunPhat
Thu Jul 26, 2018 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Moral dilemma - What would you do?
Replies: 54
Views: 5935

Re: Moral dilemma - What would you do?

I typically sit on the other side of these deals, and are often faced with a dilemma of what to buy. I sympathize with the situation. Often times there are : * "Solutions trying to find a problem" * A standard product which doesn't have a published price. Big companies charged more for the same item...
by ChowYunPhat
Thu Jul 26, 2018 5:45 pm
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 11482

Re: Facebook stock in freefall! (20% drop in 1-day)

FB on sale today....that is if you're in to buying individual stocks.
by ChowYunPhat
Thu Jul 19, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: New book based on Millionaire Next Door
Replies: 120
Views: 17347

Re: New book based on Millionaire Next Door

Millionaire Next Door, Millionaire Mind, Stop Acting Rich and Millionaire Women Next Door were all excellent. I will definitely be picking up the next book up. These books reinforced concepts I learned, but also helped me feel part of a community that wanted to generate wealth and live life differen...
by ChowYunPhat
Wed Jul 04, 2018 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Individual tech stock - what would you do?
Replies: 9
Views: 672

Re: Individual tech stock - what would you do?

Iowa David, thanks for posting this. Interesting questions. Would help for the forum to know the following: 1. Your AGI, married filing jointly? There are absolute income limits which the IRS uses to set caps on certain things like Roth and 401K contributions and will give an idea of potential sale ...
by ChowYunPhat
Sat Jun 30, 2018 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 12264

Re: Feel like I'm sinking money into international

I am with you on this, and have tilted towards US stocks for the past 5-6 years. This is personal preference but seems to have worked out for me thus far. However, I won't be surprised if the Int'l investing community has an "i told you so" moment in the near future :wink: FWIW, one of my favorite B...
by ChowYunPhat
Sat Jun 30, 2018 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Software Quicken 2017 Online Version or PC based] , Personal Capital, Mint, or QuickBooks?
Replies: 15
Views: 2597

Re: Personal Finance Software Quicken 2017 Online Version or PC based] , Personal Capital, Mint, or QuickBooks?

I've used all of these products except Quickbooks, and each served me well depending on the season of life. Mint – my choice application for budgeting. -Setup custom categories similar to Quicken, very flexible. -Excellent budget functionality as well as wealth tracking -Email alerts for events -Goa...
by ChowYunPhat
Sun Jun 24, 2018 11:30 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 22449

Re: Did you celebrate when you finally hit $1m?

$1m is probably the biggest mark one can hit, and while nothing changes, I feel like it deserves a very big pat on the back. Most of mine will be with myself internally as I don't like to spend too much but will make an exception here, even if it did temporarily put me under again. That will be mor...
by ChowYunPhat
Sat Jun 16, 2018 6:09 am
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 179
Views: 39260

Re: Bogleheads, tell me about your 40's?

This has been a great thread and appreciate all of the posters. I'm currently in my early 40s and enjoying life more than ever. On career: I'm fully confident in my career and have found my way into a company I respect, with leaders I want to follow, and compensation that more than fairly rewards my...
by ChowYunPhat
Fri Jun 08, 2018 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Help requested for my FIRE framework...What am I forgetting?
Replies: 13
Views: 1529

Re: Help requested for my FIRE framework...What am I forgetting?

Steve, Welcome to the forum and thanks for posting with some transparency. It can be tough to put yourself out there. Agree with ExitStageLeft that you are on a great path, have lived conservatively / frugally, and probably don't carry a lot of financial stress. My wife convinced me to leave a job t...
by ChowYunPhat
Sun Jun 03, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 18727

Re: Top Shelf Liquor Overrated?

Glad to see another Laphoaig fan! Best of the Islays. And while I much prefer, and occasionally splurge for, the Triple Wood, their 10 year is, in my opinion, the best Scotch you can buy in it’s price range. You are clearly a refined individual AerialWombat :D ! Triple Wood is also excellent as wel...
by ChowYunPhat
Sat Jun 02, 2018 9:25 pm
Forum: Personal Consumer Issues
Topic: Enterprise vs Avis
Replies: 43
Views: 3333

Re: Enterprise vs Avis

I use the cheapest place. Last time was Avis, 9-day rental in San Jose was $244 including taxes and fees. Sometimes it is Enterprise. Sometimes something else. That. You can usually find better deals further in advance. We booked our last rental 6 months in advance and it was roughly 50% what the p...
by ChowYunPhat
Sat Jun 02, 2018 9:14 pm
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 4409

Re: Friends with an EJ Advisor

Though my various advisory relationships have been less than optimal from a Boglehead perspective, I found that if I just kept an open mind that I would learn something. That. I appreciate the thoughtful response NedSaid and agree with your points. Nearly all financial advisors who have prospected ...
by ChowYunPhat
Sat Jun 02, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about RSUs and asset allocation
Replies: 12
Views: 1096

Re: Thinking about RSUs and asset allocation

Congrats on the RSU award(s) inforapenny. Always nice to have incentive comp / RSUs as it's a sign your company wants to keep you around for a while. I think most of the time any single investment of >5%-7% of your entire portfolio does reflect some concentration risk. Previous posts covered this so...
by ChowYunPhat
Sat Jun 02, 2018 8:26 pm
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 4409

Re: Friends with an EJ Advisor

I think I touched a sensitive nerve with some posters when it comes to EJ. Not trying to lead anyone down a harmful path and I'll try to clarify further. :happy My wife and I invest through Vanguard and Fidelity exclusively, utilize no-load index funds, dollar cost averaging, and simplified portfoli...
by ChowYunPhat
Sat Jun 02, 2018 7:46 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 18727

Re: Top Shelf Liquor Overrated?

We tend to buy the cheap stuff with a few exceptions. One of our few indulgences is Laphroig scotch. There is an excellent 10 year bottle which is good value typically priced in the $40-$50 range....really peaty and a distinct flavor unlike most of the scotch I've tried. Buy and drink what you like,...
by ChowYunPhat
Sat Jun 02, 2018 7:25 pm
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 4409

Re: Friends with an EJ Advisor

Why in the world would you send your wife to EJ advisor for financial advice? A fair question Dottie57 and an explanation is worth sharing. This EJ advisor is a dear friend, and more importantly there would be parameters in place before such an arrangement would be struck (he offers fee based servi...
by ChowYunPhat
Sat Jun 02, 2018 6:48 pm
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 4409

Re: Friends with an EJ Advisor

I'm probably an outlier here. If you are confident in your approach there is no harm leaning into the discussion or doing a dinner / meet up. You've been forthcoming with him so his expectations should be in line. You never know where your next great friendship may come from. I had a similar EJ frie...
by ChowYunPhat
Sat May 12, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 45447

Re: Lucrative careers?

For someone targeting a 4-5 year degree, I'd recommend: CPA / Accounting - will always be in demand (death and taxes). Large accounting firms have partner-path careers where $200K+ not uncommon for most the successful. Services are needed in every town across America. Petroleum Engineering - highly ...
by ChowYunPhat
Fri Mar 30, 2018 11:22 am
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 10727

Re: What is the endgame for Millennials?

Gen Xer here. Came out of grad school right when the dot com bust happened and very few prospects at that time. My 20s were basically awash with very little savings to show. Marriage and staying with a job that became a career really helped...it's tough making it on your own and can see that hasn't ...
by ChowYunPhat
Sun Mar 18, 2018 8:29 am
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEADS CONFERENCE UPDATE 9-3-18
Replies: 116
Views: 31026

Re: 2018 BOGLEHEADS CONFERENCE SOLD OUT

Apologies as my response came across a bit harsh. I didn't realize the participation cap was set with Mr Bogle in mind. That's appreciated. Appreciation to the organizers as well...I know it takes work to pull together a conference event and keep things fresh. My frustration lies with the inability ...
by ChowYunPhat
Sat Mar 17, 2018 10:51 am
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEADS CONFERENCE UPDATE 9-3-18
Replies: 116
Views: 31026

Re: 2018 BOGLEHEADS CONFERENCE SOLD OUT

Hmmmm....it seems there is a pattern forming. If the conference is sold out every year, need to find a more appropriate venue to increase participation. I'd like to go, and there is no good reason why we shouldn't be able to accommodate. The combined intelligence of the forum is astounding and if we...
by ChowYunPhat
Sun Mar 04, 2018 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Do you rent even if you can afford to buy?
Replies: 82
Views: 12303

Re: Do you rent even if you can afford to buy?

I kind of feel like the outlier on the thread, but we have been home owners since marriage of 11 years. My employer absorbed the transaction costs in our latest move, on both selling our old house and buying the new one so the math works a bit better. My wife and I also enjoy home renovation, landsc...
by ChowYunPhat
Sun Mar 04, 2018 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct incorrectly handling Roth recharacterizations
Replies: 15
Views: 1642

Re: TaxAct incorrectly handling Roth recharacterizations

I used Taxact and it took them a while to eventually load their 8606 and some of their 1099 forms. If you entered before the finalized forms were eventually loaded, you may have to delete the old data and reload. This was an annoyance but deleting the data and re-entering seemed to do the trick. Goo...
by ChowYunPhat
Sat Feb 17, 2018 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 13026

Re: What has been your most important skill in achieving financial independence?

sonofdelrinson, it feels like you're on the way already. With your savings rate and willingness to "measure" progress you are all but guaranteed to make it. :sharebeer A lot posters have covered this already, but some of the things that have helped my family immensely in this regard include: -Marryi...
by ChowYunPhat
Sat Jan 27, 2018 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Here's my net worth....I max everything out.....now what?
Replies: 64
Views: 12849

Re: Here's my net worth....I max everything out.....now what?

Welcome to the forum RangerHD and glad to hear you are not satisfied with the success you've already enjoyed. It takes a lot of hard work to be as productive as you've been thus far in life. Bravo. Agree with many of the other posters on managing your excess cash and CDs once they mature. Recommend ...
by ChowYunPhat
Fri Jan 26, 2018 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Software Recommendations
Replies: 28
Views: 2500

Re: Tax Software Recommendations

I've used TaxAct and Taxcut. Occassionally I hire taxes out to CPA depending on what took place during the year. However, I'll continue to use TaxAct as I've had a good experience with the product and never any issues with Federal or State filings. Price is typically competitive as well.
by ChowYunPhat
Thu Jan 25, 2018 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: fidelity visa- is opening bonus worth it over Citi?
Replies: 35
Views: 2535

Re: fidelity visa- is opening bonus worth it over Citi?

I've had the Fidelity visa for about a year. No complaints thus far but I haven't tried dialing up customer service yet.

Besides the immediate 2% cash back, the integration with the Fidelity website is a big plus. I can click over to my credit card detail from my brokerage account page.
by ChowYunPhat
Sun Jan 21, 2018 7:57 am
Forum: Local Chapters and Bogleheads Community
Topic: My daughter got her dream job [Proud Papa]
Replies: 40
Views: 5408

Re: My daughter got her dream job

Awesome news Stemikger! What a great accomplishment for both her and you and reason to celebrate. Reading between the lines there was a significant amount of hard work and life lessons taking place across the family over the last 6 years. :sharebeer