Search found 22 matches

by humanities
Thu Oct 04, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: Charles Murray's and Jordan Peterson's book
Replies: 17
Views: 1543

Re: Charles Murray's and Jordan Peterson's book

I believe these are self-help type books and I'm personally trying to avoid such books (have read many). But both these authors seem well regarded, so I wanted to see what did some folks here thought of these two books. Both of these authors are extremely controversial. They may be "well regarded" ...
by humanities
Wed Jun 13, 2018 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement
Replies: 74
Views: 8050

Re: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement

The flip side of this is that many cities have limited housing stock, thanks in part to zoning laws. City populations can only grow so far. I would not worry about the future of suburbs. I would worry about families that chose to make large suburban houses their primary investment. It is not prudent...
by humanities
Wed Mar 14, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 17351

Re: Need advice re: Liberal Arts Colleges...

A few thoughts from a humanities professor whose education and career have been at large universities (not LACs): The job market for tenure track professors is always competitive, and it has been extraordinarily competitive for the past decade. No matter where she goes to college, if your daughter i...
by humanities
Mon Mar 12, 2018 8:00 pm
Forum: Personal Investments
Topic: When your spouse’s risk tolerance differs from yours
Replies: 31
Views: 2999

Re: When your spouse’s risk tolerance differs from yours

My partner and I manage our retirement savings separately. I've been using the "age minus 5 in bonds" formula for my retirement investments, which at my age is a fairly conservative strategy. For a long time, he invested 80% of his retirement savings in bonds and 20% in domestic large-cap stock. Whe...
by humanities
Tue Jan 03, 2017 12:16 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST
Replies: 711
Views: 45881

Re: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST

1789.07

I hope that I'm wrong.
by humanities
Mon Sep 05, 2016 3:29 pm
Forum: Personal Investments
Topic: Investing House Downpayment
Replies: 9
Views: 1852

Re: Investing House Downpayment

So, the consensus seems to be investing in the future *and* putting it heavy in stocks (rather than bonds or a CD)? The rationale is that life events are too far off and uncertain to save for anything specific, so I should try to earn as much return on my principal as possible? I don't think that i...
by humanities
Mon Aug 15, 2016 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: You have $10 Million and 10 years to live. What would you do?
Replies: 55
Views: 8234

Re: You have $10 Million and 10 years to live. What would you do?

1. I would think carefully about which people I want to know the news, both the good financial news and the bad health news. 2. I would make sure that my family is financially secure. 3. I would keep working, but I would work differently. In choosing projects (my career gives me broad discretion in ...
by humanities
Mon Jul 04, 2016 3:06 am
Forum: Personal Finance (Not Investing)
Topic: Money vs. Happiness
Replies: 94
Views: 15052

Re: Money vs. Happiness

This seems like a no-brainer to me. You can make a six-figure income outside Alaska, and you have far more money saved than the average American 30-year-old. You're single, you want kids, and you've been in Alaska long enough to know that the dating scene is not promising. What benefit do you expect...
by humanities
Thu Jun 23, 2016 8:51 pm
Forum: Personal Consumer Issues
Topic: Cross country move. Buy car and drive or ship things and fly?
Replies: 26
Views: 3910

Re: Cross country move. Buy car and drive or ship things and fly?

I'd agree with retiredjg that it's risky to drive cross-country with a used car you just bought. It's particularly risky if the car cost under $10k. On the flip side, it wouldn't be good to arrive in Northwest and feel that you have to buy a car immediately. Finding a good used car takes time. Barga...
by humanities
Mon May 23, 2016 11:23 am
Forum: Investing - Theory, News & General
Topic: Why do we believe in the market?
Replies: 59
Views: 7576

Re: Why do we believe in the market?

In the long run, returns for equity investments tend to equal the starting dividend rate plus the dividend growth rate. (This is my layman's understanding of the Gordon growth model. Am I getting this right?) Thus, we should be optimistic or pessimistic about long-term returns for the stock market a...
by humanities
Mon Apr 04, 2016 1:53 pm
Forum: Personal Investments
Topic: is foreign investing really worth it
Replies: 90
Views: 9951

Re: is foreign investing really worth it

I put 40% of my equity investments in international. Here is my reasoning, which I think is fairly Boglehead-ish: Diversification in equity holdings is good. My equity holdings should be proportional to market capitalization unless I have some reason to think that some groups of stocks will do bette...
by humanities
Fri Jan 29, 2016 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 10819

Re: The Boglehead Way of Employment

There is only one piece of advice that I think applies to everyone: earn an honest living. Do not earn your bread by making a product that harms people or by joining a "profession" that is about parting fools from their money. (I'm sure all Bogleheads could name one or two careers fitting that ugly ...
by humanities
Tue Dec 22, 2015 3:28 pm
Forum: Personal Investments
Topic: Are Bogleheads Buying I-Bonds 2016?
Replies: 87
Views: 20548

Re: Are Bogleheads Buying I-Bonds 2016?

I see I bonds as a questionable long-term investment but a good place for medium-term savings (not needed in the next year but possibly needed in the next ten years). Right now, they still provide a better interest rate than a savings account. Since I live in a state with high income tax rates, they...
by humanities
Fri Apr 10, 2015 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Should I renege [on a] job offer?
Replies: 48
Views: 7675

Re: Should I renege [on a] job offer?

Many young people face a hard choice between a job or career that will help them achieve financial security and a job or career that will be rewarding but will require them to live on a shoestring budget. The choice might be between investment banking, consulting, or (at least back in the day) corpo...
by humanities
Sat Mar 21, 2015 2:25 pm
Forum: Personal Consumer Issues
Topic: Restaurant tipping
Replies: 200
Views: 50385

Re: Restaurant tipping

Normally, I leave 20% of the pre-tax amount. When the bill is very small (e.g. breakfast, or a cheap lunch eating alone), I tip a higher percentage, normally not less than $3. If I get bad service, I will reduce the tip to 15%. I don't think I've ever tipped less (except possibly as a result of a ma...
by humanities
Tue Mar 10, 2015 2:07 pm
Forum: Personal Consumer Issues
Topic: High Cost of Fruits and Vegetables
Replies: 126
Views: 11713

Re: High Cost of Fruits and Vegetables

Baby carrots require no preparation and are less expensive per pound than bagged greens. Celery, bell peppers, and green beans are all good to eat raw and require minimal preparation. I've found that romaine lettuce is usually the least expensive pre-washed salad green. I've also found that tossing ...
by humanities
Fri Sep 05, 2014 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Graduating Debt-Free, or with Elite College Degree?
Replies: 92
Views: 7767

Re: Graduating Debt-Free, or with Elite College Degree?

Faced with the choice between a candidate with a 2.5 from Harvard or Stanford and a 3.5 from a graduate of the honors program at the University of Michigan or the University of Texas, the Harvard/Stanford candidate was an easy reject. I regard the University of Michigan and the University of Texas ...
by humanities
Thu Sep 04, 2014 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Graduating Debt-Free, or with Elite College Degree?
Replies: 92
Views: 7767

Re: Graduating Debt-Free, or with Elite College Degree?

Here's my perspective on this as a college instructor: Your kids are likely to get good teachers whether they go to an elite school or a mid-tier college or university. The job market in academia is always very competitive. Right now it is extremely competitive; strong students from top Ph.D. progra...
by humanities
Tue Sep 02, 2014 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Is a college degree really worth what it costs?
Replies: 33
Views: 2761

Re: Is a college degree really worth what it costs?

It takes roughly ten years to recoup the costs of a bachelor's degree, on average. This has been true since the late 1990s, despite rising tuition, largely because wages for high school graduates have fallen so much. Surprisingly (to me), college is a much better deal now than it was in the 1970s. h...
by humanities
Tue Sep 02, 2014 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Is a college degree really worth what it costs?
Replies: 33
Views: 2761

Re: Is a college degree really worth what it costs?

There are problems with PayScale's methods. One problem is that it excludes students who go on to graduate or professional school from the data. At some colleges, more than 50% of students go on to get another degree. It also excludes students who are self-employed. Another problem is that the study...
by humanities
Sat Jul 12, 2014 10:47 am
Forum: Personal Finance (Not Investing)
Topic: List of Worst financial advice (what not to do):
Replies: 144
Views: 20363

Re: List of Worst financial advice (what not to do):

What kind of professions require a degree in Humanities? There may not be many jobs for which a specific humanities degree is a specific qualification; it's not as common for an employer to ask specifically for a history major as it is for an employer to ask (say) for a computer science major. But ...
by humanities
Wed Jul 09, 2014 12:18 am
Forum: Personal Finance (Not Investing)
Topic: List of Worst financial advice (what not to do):
Replies: 144
Views: 20363

Re: List of Worst financial advice (what not to do):

"It's ok to get an expensive post grad degree in humanities that will put you in a high five or six figure debt but it's ok because your future salary should make up for it!" On NBC News tonight, it's WHAT you take (STEM) not where you went to school ( public/private )that determines your Employabl...