Search found 340 matches

by mancich
Mon Jul 16, 2018 6:30 am
Forum: Personal Finance (Not Investing)
Topic: Anyone not have a Budget?
Replies: 66
Views: 3158

Re: Anyone not have a Budget?

I guess I'm in the minority because I track my budget. It allows me to plan major expenses and come up for what we want to do. I don't go through the motion of: "over spent on gas, therefore we have to spend less on eating out" as my monthly expense are less than post-tax income. If I didn't track ...
by mancich
Thu Jul 12, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: Anyone take naps at work?
Replies: 93
Views: 5285

Re: Anyone take naps at work?

alpenglow wrote:
Wed Jul 11, 2018 2:25 pm
rebellovw wrote:
Wed Jul 11, 2018 1:00 pm
Image
This was my first thought!
Classic episode! :D
by mancich
Tue Jul 10, 2018 5:28 am
Forum: Investing - Help with Personal Investments
Topic: Target date funds....unsophisticated?
Replies: 64
Views: 4404

Re: Target date funds....unsophisticated?

Nothing wrong with a target date fund, especially from Vanguard. One-stop solution, and beats the pants off most other solutions if you don't want to manage 3-4 funds yourself. :beer
by mancich
Tue Jul 10, 2018 5:25 am
Forum: Investing - Help with Personal Investments
Topic: Where do you keep your Emergency Fund?
Replies: 46
Views: 4306

Re: Where do you keep your Emergency Fund?

In an online savings account. I suggest Ally Bank. It is currently earning 1.75%.
by mancich
Fri Jul 06, 2018 1:42 pm
Forum: Personal Consumer Issues
Topic: What time do you get up in the morning?
Replies: 138
Views: 8879

Re: What time do you get up in the morning?

Still working, but work from home most days. I'm a morning person and am up by 4:30. Scan news, a little prayer time, workout, coffee. Best time of the day for me, before wife and daughters wake up around 6. I' usually fall asleep around 9.
by mancich
Fri Jul 06, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Can you help me figure out how much emergency fund $ I REALLY need?
Replies: 38
Views: 2829

Re: Can you help me figure out how much emergency fund $ I REALLY need?

Sounds like your income is stable. You can't go wrong with 6 months in an online savings account earning 1.5% - 1.75% :beer
by mancich
Wed Jul 04, 2018 7:01 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3128
Views: 955148

Re: What Book Are You Currently Reading? Part VI

"Homo Deus: A Brief History of Tomorrow". Same author who wrote "Sapiens". Yuval Noah Harari
by mancich
Tue Jul 03, 2018 10:07 am
Forum: Personal Consumer Issues
Topic: How Not to be a Slave to my Wood Deck?
Replies: 37
Views: 2833

Re: How Not to be a Slave to my Wood Deck?

I am facing same issues with my 20x20 cedar wood deck. Thinking about replacing boards and rails with composite, assuming that sub structure is useable, how much would that cost?? I think all the major brands come in 20' lengths, so that would work well for you. The range is something like $40 - $7...
by mancich
Tue Jul 03, 2018 7:13 am
Forum: Investing - Help with Personal Investments
Topic: RSU Strategy
Replies: 10
Views: 788

Re: RSU Strategy

Mine vest after three years as well. I sell them immediately and invest them in my Vanguard funds.
by mancich
Tue Jul 03, 2018 7:11 am
Forum: Personal Consumer Issues
Topic: How Not to be a Slave to my Wood Deck?
Replies: 37
Views: 2833

Re: How Not to be a Slave to my Wood Deck?

If you're going to stick with wood, it will continue to be a challenge. Start with scrupulous preparation. Power wash, sand, etc. Wear a good quality mask if you are sanding. Then try an oil-based semi-transparent from Benjamin Moore. I recently went to this type of stain (bought at an authorized de...
by mancich
Mon Jul 02, 2018 5:31 pm
Forum: Investing - Theory, News & General
Topic: Do Advisers Add $$$ Value?
Replies: 71
Views: 5378

Re: Do Advisers Add $$$ Value?

I am not a fan of hiring an adviser, and for me personally, I see no value. A modicum of reading up on various subjects (on BH forum, of course) is highly educational and most people can keep things fairly simple. But there may be instances where a person has no desire to learn about financial plann...
by mancich
Mon Jul 02, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: Why is warren buffet okay with no owning any bonds?
Replies: 48
Views: 4534

Re: Why is warren buffet okay with no owning any bonds?

JoMoney wrote:
Fri Jun 29, 2018 1:27 pm
He owns his home and knows someone at DQ that can hook him up if things get tight.
:D :sharebeer
by mancich
Sun Jul 01, 2018 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12654

Re: What are your property taxes?

NYS here (not NYC)
House is worth about $460,0000 yearly taxes about $10,000.
Income taxes 7% +
Sales tax 8.125%

Too much :oops:
by mancich
Fri Jun 29, 2018 5:05 am
Forum: Personal Finance (Not Investing)
Topic: Timing exit from megacorp
Replies: 54
Views: 5817

Re: Timing exit from megacorp

Do what is best for you and your family. Wait and get all that you have earned. While Megacorp has treated you well with compensation, make no mistake that if costs needed to be cut, even a strong performer like yourself could take a bullet, and loyalty would go right out the window.
by mancich
Fri Jun 29, 2018 4:57 am
Forum: Personal Consumer Issues
Topic: Anyone Tried Youtube TV Yet?
Replies: 42
Views: 3907

Re: Anyone Tried Youtube TV Yet?

I'd love to, but it is missing the Investigative Discovery channel, which DW loves.. :oops:
by mancich
Fri Jun 29, 2018 4:52 am
Forum: Personal Consumer Issues
Topic: Best way to clean eyeglasses?
Replies: 59
Views: 3772

Re: Best way to clean eyeglasses?

I just use a microfiber cloth. In fact we use those things for dusting, cleaning the kitchen counters, cleaning the inside of the car, etc. Just throw them in the washer and dryer. They last for years and save a ton vs. paper towels.
by mancich
Fri Jun 29, 2018 4:50 am
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 169
Views: 14701

Re: How much (green) cash at home for emergency ?

Interesting thread. We keep little cash in the house; really, only what we have in our wallets. But I do think it is not a bad idea to maybe keep $500 - $1,000 safely hidden "just in case".
by mancich
Fri Jun 29, 2018 4:48 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey against index funds?
Replies: 57
Views: 5647

Re: Dave Ramsey against index funds?

He quotes 12%, but I don't think this is net of fees. After subtracting out the high-expense ratios of his actively managed funds, as well as SmartVestor pro fees (let's assume 1% AUM per year), I doubt that beats TSM over time.
by mancich
Fri Jun 29, 2018 4:41 am
Forum: Personal Consumer Issues
Topic: [Do you subscribe to Consumer Reports?]
Replies: 31
Views: 2786

Re: Are many of you??????

Not anymore. I used to subscribe, but now prefer thewirecutter.com for free.
by mancich
Thu Jun 28, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: car for long-distance driving
Replies: 80
Views: 5078

Re: car for long-distance driving

I have a Subaru Legacy 2018. AWD, and very good on gas. Peppy and fun to drive, and the Apple Car play makes long-distance driving more tolerable (I like podcasts). MSRP was about $22,500 I think (it is a company car).
by mancich
Thu Jun 28, 2018 9:26 am
Forum: Investing - Theory, News & General
Topic: Are we just way over complicating this?
Replies: 113
Views: 7038

Re: Are we just way over complicating this?

For investing topics, yes we do. Taylor's Three Fund philosophy is dead simple and elegant, and it works.
For other topics, there are such a wide range of things to talk about, and I find this forum endlessly interesting and educational :beer
by mancich
Thu Jun 28, 2018 9:23 am
Forum: Personal Finance (Not Investing)
Topic: How many months of living expenses would you keep in your bank.
Replies: 61
Views: 3858

Re: How many months of living expenses would you keep in your bank.

Checking - about 1 month, though it ebbs and flows
Online savings accounts: main emergency fund is about 6 months
Sub accounts in online savings: Vacation, Christmas, and House projects - these fluctuate
All the rest of non-retirement funds are in Vanguard
by mancich
Sat Jun 23, 2018 8:25 pm
Forum: Investing - Theory, News & General
Topic: Does an IPS really need to be 5 pages long to be valuable?
Replies: 64
Views: 3392

Re: Does an IPS really need to be 5 pages long to be valuable?

Cody: I do not have an IPS (Investment Policy Statement). With only three broad market index funds, plus a "stay-the-course" philosophy, I found an IPS to be an unnecessary waste of time. Our lives are frittered away with detail. Simplify. Simplify. -- Henry David Thoreau Best wishes. Taylor +1000....
by mancich
Thu Jun 21, 2018 6:38 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 342
Views: 30561

Re: What is/ was your career and would you recommend it now?

Consumer Packaged Goods. If you can get in with a large manufacturer and are willing to relocate, it can be a pretty good career, especially in sales. 6 figure income usually within 2-4 years of graduating from college if you are a go-getter. I'd do it again.
by mancich
Wed Jun 20, 2018 6:34 am
Forum: Personal Consumer Issues
Topic: Sherwin Williams paint
Replies: 52
Views: 3634

Re: Sherwin Williams paint

We have Benjamin Moore solid stain on the outside of the house and it holds up great. On the inside, various room have either Benjamin Moore or Behr's best quality paint + primer in one. For the bathrooms, we use a dedicated kitchen and bathroom paint from Ben Moore. I think as long as you do a good...
by mancich
Tue Jun 19, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 50: Should I?
Replies: 93
Views: 12152

Re: Retire at 50: Should I?

You've won, nice job. I'd quit today. :beer
by mancich
Tue Jun 19, 2018 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Advice on using a wealth manager or financial advisor?
Replies: 43
Views: 4393

Re: Advice on using a wealth manager or financial advisor?

Buy a Vanguard Target date fund and be done with it. It doesn't get any simpler. Yes, the bond portion is tax-inefficient in a taxable account, but it's better than paying a wolf in sheep's clothing an annual fee, along with the dogs with fleas they will sell you in the form of high expense ratio mu...
by mancich
Mon Jun 18, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 8376

Re: Which Supermarket are you?

We pass six other grocers on our 15 mile drive to Wegmans every Friday night. It is the best grocery store in this country. +1 I wish they were in our area, they are wonderful stores. Not necessarily the cheapest, but IMHO, definitely the best. Their produce, meat, fish, bakery, etc are outstanding...
by mancich
Sat Jun 16, 2018 4:29 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 89
Views: 6942

Re: can we afford to spend $20K on travel annually

You can absolutely afford it and should do it. Memories with your wife and children are priceless. :happy
by mancich
Fri Jun 15, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11879

Re: Which boglehead rule do you break--and are ok with

I own an actively managed fund (T. Rowe Price Blue Chip Growth) in addition to my index funds inside my 401k. It is an excellent fund, despite the .70% ER.
by mancich
Wed Jun 13, 2018 4:03 pm
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 127
Views: 10295

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

He compares Large Cap Growth funds over the last 40 years to the S&P 500 and says that the former have averaged 13.02% and the latter 11.8%. But is this net of fees (higher expense ratios for the average actively managed fund, plus the cost of an investment advisor, which DR strongly advocates) ? If...
by mancich
Wed Jun 13, 2018 3:51 pm
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 179
Views: 37556

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

My 40's are now in the rear view mirror and I must say, I cant believe how time flies. Turning 50 didnt bother me, then I took a stress test and found I have some heart issues due to not taking care of myself and some eyesight issues. How did this happen? Likely from forgetting about my body and wo...
by mancich
Sat Jun 09, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 3508

Re: Upgrade to SSD for 5-year old desktop?

wcshaff wrote:
Sat Jun 09, 2018 8:14 am
I have a 5-6 year old Dell XPS and upgraded last year with the Samsung 850 SSD using Macrium cloning software. Works great and is incredibly fast. Will boot up in about 10 secs. Highly recommend making the move.
Leaning that way for sure, thank you
by mancich
Sat Jun 09, 2018 5:03 am
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 3508

Re: Upgrade to SSD for 5-year old desktop?

PFInterest wrote:
Sat Jun 09, 2018 1:58 am
Dottie57 wrote:
Wed Jun 06, 2018 1:48 pm
I would upgrade to SSD. I would also look at memory.

The difference in speed between SSD and hard drive is enormous.
Yes SSD. Like yesterday.

What's the problem with 16Gb of memory exactly?
No problem at all
by mancich
Fri Jun 08, 2018 7:52 pm
Forum: Investing - Theory, News & General
Topic: My Pension is Really Valuable
Replies: 13
Views: 2177

Re: My Pension is Really Valuable

It seems like a good pension to me, but counties, cities, and states can have unforeseen budget difficulties down the road. You never know. I would still try to save and invest what you can above and beyond your expected pension.
by mancich
Thu Jun 07, 2018 2:58 am
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 3508

Re: Upgrade to SSD for 5-year old desktop?

Great feedback, thanks everyone. I am probably going to do the upgrade to the SSD. Again, it is for preemptive purposes and to ensure another 4-5 years. The machine in its current state is super fast and loads any program in about a second. I use it only for Office 2010, Quicken, web browsing, and a...
by mancich
Wed Jun 06, 2018 2:27 pm
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 3508

Re: Upgrade to SSD for 5-year old desktop?

Any other parts on desktop that tend to die with time? (power supply, motherboard etc)?
by mancich
Wed Jun 06, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 3508

Re: Upgrade to SSD for 5-year old desktop?

Thanks for the replies. I watched videos on YouTube, and it looks like Macrium Reflect Free would work well.
by mancich
Wed Jun 06, 2018 1:34 pm
Forum: Personal Consumer Issues
Topic: steel cut oats in bulk
Replies: 50
Views: 4185

Re: steel cut oats in bulk

toofache32 wrote:
Mon Jun 04, 2018 6:51 pm
So confused. Are we talking about oatmeal here?? Breakfast?? Whatever happened to Quaker?
Quaker is by far the leading oatmeal company, and also sells Steel Cut Oats.
by mancich
Wed Jun 06, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 3508

Upgrade to SSD for 5-year old desktop?

I have a 5 year old Dell XPS, Core i7, 16 gig RAM, 1 gig video card, 1 TB hard drive. I only have about 100 gig of data on this drive. The computer works great, and does everything I need to it do. I have no plans to buy a new computer, since this once works great. Here is my question: not sure what...
by mancich
Wed Jun 06, 2018 4:10 am
Forum: Personal Consumer Issues
Topic: Is our monthly Personal money out of line?
Replies: 74
Views: 7585

Re: Is our monthly Personal money out of line?

I want to double check here you are maxing out 2 401ks and 2 Backdoor roths. Then in addition you are putting 20-25% of your monthly take home in a taxable account so about 3k a month or so? If that's the case frankly you are doing great. This is about 85k saved a year in total(plus 401k match) tha...
by mancich
Tue Jun 05, 2018 4:04 am
Forum: Personal Consumer Issues
Topic: Is our monthly Personal money out of line?
Replies: 74
Views: 7585

Re: Is our monthly Personal money out of line?

I hate the idea of having some sort of personal spending money that the other spouse has no say in. When I want something, I buy it. When my wife wants something, she buys it. We don’t buy things that we think the other would disapprove of, and we discuss things that are over arbitrary values. It s...
by mancich
Tue Jun 05, 2018 4:03 am
Forum: Personal Consumer Issues
Topic: Is our monthly Personal money out of line?
Replies: 74
Views: 7585

Re: Is our monthly Personal money out of line?

Thanks for all the great responses. To me, "optimize spending" means not wasting money and getting the most utility out of what we do spend it on. Now I know that "wasting money" means different things to different people. :beer I do like the perspective that as long as we're on track to meet our f...
by mancich
Mon Jun 04, 2018 3:58 am
Forum: Personal Consumer Issues
Topic: Is our monthly Personal money out of line?
Replies: 74
Views: 7585

Re: Is our monthly Personal money out of line?

Thanks for all the great responses. To me, "optimize spending" means not wasting money and getting the most utility out of what we do spend it on. Now I know that "wasting money" means different things to different people. :beer I do like the perspective that as long as we're on track to meet our fi...
by mancich
Sun Jun 03, 2018 5:11 am
Forum: Personal Consumer Issues
Topic: Is our monthly Personal money out of line?
Replies: 74
Views: 7585

Re: Is our monthly Personal money out of line?

Fellow BH's: I'm curious what people allocate in their monthly budget for personal money. My wife and I take home about $13,500 a month on average (not including a yearly bonus in March). I set aside $500 in our budget spreadsheet for me (this also covers misc trips to Home Depot and the like). I h...
by mancich
Sat Jun 02, 2018 5:18 pm
Forum: Personal Consumer Issues
Topic: Is our monthly Personal money out of line?
Replies: 74
Views: 7585

Re: Is our monthly Personal money out of line?

Appreciate the different perspectives. We do have a joint account from which most expenses are paid (and into which paychecks are deposited). Then from that account, we transfer money to her account for her personal expenses, and that has generally worked well. I was just curious if the absolute amo...
by mancich
Sat Jun 02, 2018 3:12 pm
Forum: Personal Consumer Issues
Topic: Is our monthly Personal money out of line?
Replies: 74
Views: 7585

Re: Is our monthly Personal money out of line?

obgraham wrote:
Sat Jun 02, 2018 2:57 pm
My suggestion:
Ask wife how much she wants.
Give it to her.
Get on with what will now be a long and happy life.
Words to live by! :beer
by mancich
Sat Jun 02, 2018 2:23 pm
Forum: Personal Consumer Issues
Topic: Is our monthly Personal money out of line?
Replies: 74
Views: 7585

Re: Is our monthly Personal money out of line?

Thanks for the replies.
by mancich
Sat Jun 02, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 387
Views: 44915

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

Office 365. It is sluggish on my relatively fast PC. I went back to Office 2010 which is very speedy.