Search found 256 matches

by Yukon
Sat Nov 16, 2019 4:35 am
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 160
Views: 10202

Re: Investing $140k in cash at 1k per week

Okay, so if I put the 40% cash into a bond fund instead of high yield saving. Let's say I needed that cash at some point in the near (or far) future, but the bond price at the time is much less than what I paid for. Would you sell the bond at a loss? How does that make financial sense? Keep your sh...
by Yukon
Fri Nov 15, 2019 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: California Divorce, Our Son
Replies: 28
Views: 4002

Re: California Divorce, Our Son

divorce is not imminent; just thinking if I should continue helping him grow his roth ira and personal investment account as a parent you think about these consequences it would kill me if the wife got any of his assets since most were there prior to marriage Do you not love you daughter in law? Do...
by Yukon
Fri Nov 15, 2019 5:13 am
Forum: Investing - Theory, News & General
Topic: 3 funds and 3% withdraw rate
Replies: 22
Views: 1097

Re: 3 funds and 3% withdraw rate

After following this forum for a few months, I am completely sold by the simple retirement strategy that has been practiced by a lot of people here. Specifically, I like the 3 funds portfolio idea and I am also comfortable with the 3% SWR. I am planing to retire next year at age 55. Already have 12...
by Yukon
Thu Nov 14, 2019 9:16 pm
Forum: Personal Consumer Issues
Topic: Digitizing Old Family Photos
Replies: 32
Views: 2177

Re: Digitizing Old Family Photos

We used "scanmyphotos dot com" successfully.
by Yukon
Thu Nov 14, 2019 1:33 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 582
Views: 47875

Re: [What UN-frugal thing do you do? What do you splurge on?]

A couple weeks ago, I signed for the Farnam Street's ReThink workshop at the end of February, which is $2,500 for two-and-a-half days. Amtrak, hotel and food are additional expenses. Victoria Do you mind sharing your experience of the ReThink Workshop? Fan of Farnam Street blog and podcast, so curi...
by Yukon
Wed Nov 13, 2019 5:44 am
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 160
Views: 10202

Re: Investing $140k in cash at 1k per week

If you don't want to invest it so quickly you could always do $500 per week. If it's too difficult to pick the day you could then consider $100 per day x 5 days per week over the course of the next 1400 days. I'm kidding. If it were me I'd invest the entire sum today and then dollar cost average fut...
by Yukon
Wed Nov 06, 2019 1:41 pm
Forum: Personal Consumer Issues
Topic: What car fits comfortably 3 adults with luggages?
Replies: 63
Views: 1863

Re: What car fits comfortably 3 adults with luggages?

Home Depot rents trucks for hauling.
by Yukon
Sat Nov 02, 2019 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: 25yo financial check-in
Replies: 15
Views: 1554

Re: 25yo financial check-in

Congrats! Amazing job. How are the career prospects at your current job vs. elsewhere? Any chance of a trajectory north of 100k in income?
by Yukon
Fri Sep 27, 2019 5:09 am
Forum: Investing - Theory, News & General
Topic: Dear VictoriaF
Replies: 25
Views: 8441

Re: Dear VictoriaF

VictoriaF wrote:
Thu Sep 26, 2019 7:52 am
I travel without any communication devices ....
Thank you all,
Victoria
So, no cell phone? No google maps? Fascinating. I "shut off" most of my mundane computer use (email, social media, forums, etc) during travel but find myself making sure portable chargers are available during travel...
by Yukon
Tue Sep 17, 2019 5:25 am
Forum: Investing - Theory, News & General
Topic: Don't confuse strategy with outcome:
Replies: 94
Views: 6057

Re: Don't confuse strategy with outcome:

You can run a stop light and make it safely to your destination but that doesn't mean it's a safe strategy.
by Yukon
Wed Aug 07, 2019 6:40 am
Forum: Personal Consumer Issues
Topic: Extreme Anxiety with Time/Money
Replies: 95
Views: 9038

Re: Extreme Anxiety with Time/Money

Everything always feels like an emergency to me because of the long-term consequences of letting it go. It's very hard for me to truly prioritize. Examples: 1) Sprinkler running on fence = Fence permanently ruined 2) Gutter Leak = Foundation problems 3) Weeds = Yard will be over-run I feel like eve...
by Yukon
Tue Aug 06, 2019 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare vs Eye Docs
Replies: 34
Views: 3161

Re: Medicare vs Eye Docs

Ophthalmologist here. Good to see some others as well. Find a general, comprehensive Ophthalmologist in your area for a complete eye exam. This will almost certainly include a glasses check. If you're not sure, just ask when you call to schedule the appointment. The Ophthalmologist will examine you...
by Yukon
Mon Aug 05, 2019 5:28 am
Forum: Personal Finance (Not Investing)
Topic: Medicare vs Eye Docs
Replies: 34
Views: 3161

Re: Medicare vs Eye Docs

Both optometrists and ophthalmologists are considered "physicians" by Medicare and their office visits can be billed to Medicare. Medicare won't pay for "refractions" (determining the glasses prescription) or glasses (unless you have cataract surgery). Every office can determine fairly accurate cost...
by Yukon
Wed Jul 24, 2019 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Update with Part 2: What would it take for you, the non-landlord, passive-investor, to become a landlord?
Replies: 57
Views: 4545

Re: What would it take for you, the non-landlord, passive-investor, to become a landlord?

I'm always surprised people can respond without the most important information....how much would it rent for? My answer would completely depend on that answer. My guess ...is that I'd take the cash. But it's impossible to say unless one knows. Would it rent for $1/month or $1million/month?
by Yukon
Sun Jun 30, 2019 8:47 pm
Forum: Personal Consumer Issues
Topic: Best city/state to raise an autistic child?
Replies: 20
Views: 3044

Re: Best city/state to raise an autistic child?

PA has an easy process in waiving income thresholds to have child qualify for medicaid services. But I'd pay for RDI before letting someone else pay for ABA.
by Yukon
Sun Jun 30, 2019 4:06 am
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 914
Views: 307356

Re: Variable Percentage Withdrawal (VPW)

I take the Taylor Method to encompass flexibility, which could include anything from going back to work to annuitization to other strategies in response to market changes. Unlike some, I am not pathologically obsessed with false precision, as opposed to being tyrannized by never ending Fake News Fi...
by Yukon
Mon Jun 17, 2019 1:51 pm
Forum: Personal Consumer Issues
Topic: How to avoid high vet bills?
Replies: 110
Views: 7376

Re: How to avoid high vet bills?

RobLyons wrote:
Mon Jun 17, 2019 11:36 am
Yukon wrote:
Mon Jun 17, 2019 9:30 am
Quit taking the dog to the vet.

I wish. He has to stay up to date with rabies in order to keep his dog license. And this visit was follow up from his Lyme disease.
Spacing out our trips after this
Isn't rabies every 3 years? And a follow up for lyme? Was the dog sick?
by Yukon
Mon Jun 17, 2019 9:30 am
Forum: Personal Consumer Issues
Topic: How to avoid high vet bills?
Replies: 110
Views: 7376

Re: How to avoid high vet bills?

Quit taking the dog to the vet.
by Yukon
Mon Jun 03, 2019 7:42 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13891

Re: 2% withdrawal rate

Have the trinity study results ever been converted to other countries? 2% is certainly conservative if looking at US data but US data may not continue to act like US data. What does Japan's trinity study show to be prudent? I find it odd that people are ridiculed for thinking 2% is far too cautious...
by Yukon
Fri May 31, 2019 8:38 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 505
Views: 69413

Re: Name something you had to have and now you regret purchasing it?

dm200 wrote:
Fri May 31, 2019 1:20 pm
Yukon wrote:
Fri May 31, 2019 12:38 pm
dm200 wrote:
Fri May 31, 2019 8:45 am
DannP wrote:
Thu May 30, 2019 7:36 pm
Dog treadmill $2500
Really??
I spent $7k on mine.
What does the dog think about the treadmill?
Loves it for the first 16 miles or so. Then gets too tired over the last 4.
by Yukon
Fri May 31, 2019 12:38 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 505
Views: 69413

Re: Name something you had to have and now you regret purchasing it?

dm200 wrote:
Fri May 31, 2019 8:45 am
DannP wrote:
Thu May 30, 2019 7:36 pm
Dog treadmill $2500
Really??
I spent $7k on mine.
by Yukon
Fri May 31, 2019 10:12 am
Forum: Personal Consumer Issues
Topic: Gardening 2019
Replies: 113
Views: 11036

Re: Gardening 2019

They are definitely less green/more yellow than when they were inside. But they dont look like they are dying. I did try to harden them off for a week or so, but maybe I should have done it for longer. I was anxious to get them in the ground since I probably started the seeds about 2 weeks too earl...
by Yukon
Fri May 31, 2019 8:15 am
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13891

Re: 2% withdrawal rate

If a 40 year old is expected to live 43.6 years, 1/43.6 would be about 2.3% ... So it seems entirely reasonable to me that the 40 year old would assume almost no risk by putting the entire balance into TIPS and could withdraw 2.3% + inflation for the remainder of their expected life. In the later y...
by Yukon
Fri May 31, 2019 7:05 am
Forum: Personal Consumer Issues
Topic: Gardening 2019
Replies: 113
Views: 11036

Re: Gardening 2019

Ok, so first time planting a garden... built a raised garden, successfully grew tomatoes from seed and transplanted about 2 weeks ago. I planted them deep and they seem to be growing some roots from the stem, but almost no height change. I was expected more robust growth for indeterminate tomatoes....
by Yukon
Fri May 31, 2019 5:34 am
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13891

Re: 2% withdrawal rate

Have the trinity study results ever been converted to other countries? 2% is certainly conservative if looking at US data but US data may not continue to act like US data. What does Japan's trinity study show to be prudent? I find it odd that people are ridiculed for thinking 2% is far too cautious...
by Yukon
Fri May 31, 2019 5:29 am
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13891

Re: 2% withdrawal rate

Have the trinity study results ever been converted to other countries? 2% is certainly conservative if looking at US data but US data may not continue to act like US data. What does Japan's trinity study show to be prudent? I find it odd that people are ridiculed for thinking 2% is far too cautious...
by Yukon
Thu May 30, 2019 8:16 am
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13891

Re: 2% withdrawal rate

Have the trinity study results ever been converted to other countries? 2% is certainly conservative if looking at US data but US data may not continue to act like US data. What does Japan's trinity study show to be prudent? I find it odd that people are ridiculed for thinking 2% is far too cautious ...
by Yukon
Thu May 23, 2019 5:04 am
Forum: Personal Consumer Issues
Topic: de-googling my life: Keep Notes alternatives
Replies: 46
Views: 6862

Re: de-googling my life: Keep Notes alternatives

I've used Evernote and OneNote extensively. Both were ultimately unacceptable for my use cases and preferences. Can't see myself ever going back to either. Mind sharing what was unacceptable? I'm a current Evernote user but never been thrilled. I settled on zim-wiki, and truly love it. Some idiosyn...
by Yukon
Sun May 19, 2019 6:18 am
Forum: Personal Consumer Issues
Topic: Which car has the best or most comfortable cabin under 35K
Replies: 74
Views: 6587

Re: Which car has the best or most comfortable cabin under 35K

I'll vote for a Subaru, but for a slightly different reason. I commuted an hour each way three to five days a week until just recently and the number 1 thing that improved my comfort was adaptive cruise control. That's a high trim level option on many luxury cars, but is standard or becoming standa...
by Yukon
Sat May 18, 2019 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Credit Card - 0% APR for 18 Months
Replies: 17
Views: 2000

Re: Fidelity Credit Card - 0% APR for 18 Months

Oh, thank you for pointing this out. My go to card is Bank of America Platinum ($95 AF) for all travel b/c I get 3.5 Travel cashback + Excellent Travel Insurances and Trip Cancellation Protections (which is worth more vs cashback or points for my situations, given I have 2 8 yr olds and they often ...
by Yukon
Fri May 17, 2019 1:42 pm
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 6155

Re: Guidance on choosing between UMich and Brown

You have to search within yourself to see if you are open to humiliation at the hands of The Ohio State University every November. Good point but at least at both Brown and UM one won't be distracted by following football. You both are going to have to use shorter sentences if you want the banter t...
by Yukon
Wed May 15, 2019 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4141
Views: 794982

Re: What's Your Credit Card Rewards Strategy?

Actually, it was his suggestion and no, they are not taxable to me as the owner. It's never generated a 1099-MISC There is a difference between funds paid when opening up a checking account and getting money versus reward points, which are often viewed as rebates. We've been audited multiple times ...
by Yukon
Wed May 15, 2019 5:25 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4141
Views: 794982

Re: What's Your Credit Card Rewards Strategy?

We accumulate a ton of points because we are business owners. We use Chase UR points by using the "Things to do" button on the Chase portal. I know many would argue that it isn't a great redemption value, but we always have more than we can possibly use. There are many options available for Seattle...
by Yukon
Wed May 15, 2019 5:21 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4141
Views: 794982

Re: What's Your Credit Card Rewards Strategy?

We accumulate a ton of points because we are business owners. We use Chase UR points by using the "Things to do" button on the Chase portal. I know many would argue that it isn't a great redemption value, but we always have more than we can possibly use. There are many options available for Seattle...
by Yukon
Tue May 14, 2019 7:41 pm
Forum: Personal Consumer Issues
Topic: Fair price for new Subaru Outback?
Replies: 20
Views: 2411

Re: Fair price for new Subaru Outback?

Call Grand Subaru in Chicago. They sell 50%? of their cars online and deliver. They were about 2 or 3k cheaper than everything local a few years ago on a 2015 subaru outback. But your price seems solid and probably good enough.
by Yukon
Fri May 10, 2019 8:00 pm
Forum: Investing - Theory, News & General
Topic: Charlie Munger_WSJ interview
Replies: 17
Views: 3990

Re: Charlie Munger_WSJ interview

But it's now behind the paywall? Or am I missing something?
by Yukon
Fri May 10, 2019 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4141
Views: 794982

Re: What's Your Credit Card Rewards Strategy?

I can find better deals with European discount travel agencies than booking directly via airlines, so all those travel perks have become moot to me It's really all about what you want. If you want to get from point A to point B my opinion is it's best to simplify with cash back credit cards. If you...
by Yukon
Fri May 10, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4141
Views: 794982

Re: What's Your Credit Card Rewards Strategy?

international001 wrote:
Fri May 10, 2019 12:25 pm
I can find better deals with European discount travel agencies than booking directly via airlines, so all those travel perks have become moot to me
Which agencies?
by Yukon
Thu May 09, 2019 6:47 am
Forum: Personal Investments
Topic: windfall management
Replies: 38
Views: 3868

Re: windfall management

are there any other expense categories that seem egregious? it is nice to get an outsiders perspective as i number crunch and then fight with my wife so i never know if my senses are correct. 14k in life/disability insurance seems egregious. Were you sold a whole life policy? (Term life insurance i...
by Yukon
Fri May 03, 2019 7:12 am
Forum: Personal Consumer Issues
Topic: Gardening 2019
Replies: 113
Views: 11036

Re: Gardening 2019

Zone 5b here. Redoing our garden. Building (almost done) with our movable gothic arch greenhouse. This will let us open up the ground and plant all year long in NE PA. We are going to be following elliot colemans winter harvest handbook. You have a plan that you used for the greenhouse? I've been w...
by Yukon
Wed Mar 27, 2019 7:01 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1082
Views: 120922

Re: What frugal thing did you do today?

DrGoogle2017 wrote:
Mon Mar 25, 2019 4:39 pm
My new credit card arrived and I found out I could put my insurance bill on it. I was worried I might not be able to meet the minimum for 3 months. Didn’t want to buy antything I don’t have to. This will earn me one way first class ticket to Japan.
Which credit card?
by Yukon
Mon Mar 18, 2019 7:53 pm
Forum: Personal Consumer Issues
Topic: Am I being cheap? Wife wants a minivan, but I want to hold off
Replies: 170
Views: 8638

Re: Am I being cheap? Wife wants a minivan, but I want to hold off

Google the stats and look at the death rate per mile for both activities. It isn't even close. As I said, there is more to life than safety. I am sure the trampoline park we spend 2 hours at on Saturday wasn't the safest thing we could have been doing. It sure was fun though:) The only stats I coul...
by Yukon
Fri Mar 01, 2019 6:00 am
Forum: Personal Consumer Issues
Topic: How do YOU make coffee?
Replies: 201
Views: 10271

Re: How do YOU make coffee?

Coffee habits are a form of dependence. I don't mean caffeine dependence; I mean a complex lifestyle required to satisfy exquisite coffee tastes. This lifestyle requires you to have a humongous coffee machine, and thus you need a large kitchen and can't live in a small apartment. You can go only to...
by Yukon
Mon Feb 25, 2019 8:16 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4116
Views: 1174529

Re: What Book Are You Currently Reading? Part VI

DanMahowny wrote:
Mon Feb 25, 2019 10:38 am
Can't Hurt Me by David Goggins.

10 of 10 stars
6hrs into this audiobook. Amazing
by Yukon
Wed Jan 23, 2019 5:38 am
Forum: Personal Investments
Topic: Afoot or on horseback?
Replies: 24
Views: 1972

Re: Afoot or on horseback?

Example: investment X has a 3% expense ratio. The investment goes up in value $100. Only $97 gets reinvested (compounded) back into my balance for that investment. I never see that $3 called out anywhere I just lose it right away before it even becomes my money and I would lose that $3 year after y...
by Yukon
Fri Jan 18, 2019 3:59 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1210
Views: 149340

Re: Fidelity as a one stop shop

We’ve since acquired the Alliant 2.5% card (our spending level will cover the annual fee) so the new Fidelity/Elan cards, after spending enough to meet the cash-out minimum, now sit in a drawer. This is us as we use the Alliant card too, and my Fidelity card sits in a drawer....but not sure what th...
by Yukon
Wed Jan 16, 2019 7:12 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 57633

Re: John Bogle is dead at 89

RIP, sir. Thank you.
by Yukon
Sun Jan 13, 2019 1:18 pm
Forum: Personal Investments
Topic: Roth vs traditional 401k
Replies: 19
Views: 727

Re: Roth vs traditional 401k

1. The math of "Roth is better because it will grow tax-free for a long time and it will be a much larger amount at withdrawal" is not correct. See the wiki I linked, under "Taxes." 2. Diversification is good. OP should consider the backdoor Roth. 3. I don't think there's a reasonable chance Congre...
by Yukon
Sun Jan 13, 2019 10:08 am
Forum: Personal Investments
Topic: Roth vs traditional 401k
Replies: 19
Views: 727

Re: Roth vs traditional 401k

Very much appreciate the help. Can either of you explain to me as a novice, why it wouldnt behoove me to avoid paying taxes on the growth of the investment, provided I am so far from retirement (25-30 years), and the amount withdrawn will certainly be much more than what I am putting in now. I like...