Search found 64 matches

by WS1
Mon Aug 12, 2019 6:40 pm
Forum: Personal Consumer Issues
Topic: Recommendations for Polish Beer
Replies: 18
Views: 870

Re: Recommendations for Polish Beer

I just moved from a very Polish neighborhood. Please don’t drink their beers. There are many quality American lagers. Tröegs and Victory offerings are my present favorites.
by WS1
Fri Aug 09, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Buy historic, walkable home or stay in blah subdivision with short commute?
Replies: 54
Views: 5377

Re: Buy historic, walkable home or stay in blah subdivision with short commute?

DO IT

Maybe 2% of Americans have the opportunity to live in a truly walkable community that fits their desired level of safety and school quality.

But maybe I’m biased because I think everything developed post WW2 was a mistake and needs a do-over.
by WS1
Sat Aug 03, 2019 8:47 am
Forum: Personal Consumer Issues
Topic: Long Island NY housing
Replies: 41
Views: 2893

Re: Long Island NY housing

Thanks for all your replies. I am an MD and work in Brooklyn Queens area. These three towns have the best school district in westernmost LI. LIRR from great neck does not go to the place where I work. Garden City LIRR is very close to my work place in Brooklyn. NYC income tax is a big reason to avo...
by WS1
Fri Aug 02, 2019 6:29 pm
Forum: Personal Consumer Issues
Topic: Long Island NY housing
Replies: 41
Views: 2893

Re: Long Island NY housing

Outafter20 wrote:
Fri Aug 02, 2019 6:21 pm
I grew up in that area and went to high school in Manhasset. I currently live on the south shore of Nassau County.

The areas you mentioned are still good but super expensive. The LIRR from Manhasset and Great Neck is quick to NYC.

PM me is you have any specific questions.
Best username ever!
by WS1
Fri Aug 02, 2019 5:42 pm
Forum: Personal Consumer Issues
Topic: Long Island NY housing
Replies: 41
Views: 2893

Re: Long Island NY housing

messaged you
by WS1
Fri Aug 02, 2019 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed: Potential first home buyer (rent vs buy)
Replies: 14
Views: 826

Re: Advice Needed: Potential first home buyer (rent vs buy)

How did you decide how much you'd pay for a duplex? I live in city with a decent number of 2 family homes mixed among the single families. The location is the same, I think the amenities of 2 family balance against the amenities of single family, and the 2 family (like most here) is definitely desi...
by WS1
Fri Aug 02, 2019 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed: Potential first home buyer (rent vs buy)
Replies: 14
Views: 826

Re: Advice Needed: Potential first home buyer (rent vs buy)

duplex owner occupier here. The main problem is that when you want to move somewhere else, you compare future housing costs to current housing costs and everything looks expensive. Owner occupying a duplex or even better triplex or four plex is really an inexpensive way to put a roof over your head...
by WS1
Mon Jul 29, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: Explain why long-term bonds aren't awesome
Replies: 120
Views: 23468

Re: Explain why long-term bonds aren't awesome

I have a long term bond investment for you. It is a 30-year inflation protected bond with a real yield of 0.50% (the real yield of 30-year TIPS is 0.81%). Unlike TIPS the principal is guaranteed not to decline in the event interest rates skyrocket and they can be liquidated at any time. They are gu...
by WS1
Wed Jul 24, 2019 10:44 am
Forum: Personal Consumer Issues
Topic: Oil to natural gas conversion anyone?
Replies: 43
Views: 1988

Re: Oil to natural gas conversion anyone?

Don't forget to investigate Geothermal and Air Source Heat Pumps. Depending on local climate and potential rebates, these could pair really well with an investment in rooftop solar. Electrify Everything, as the kids say
by WS1
Wed Jul 24, 2019 8:20 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 263126

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

This thread got a brief mention on the latest episode of the Animal Spirits podcast. I guess the party's over
by WS1
Tue Jul 23, 2019 8:51 pm
Forum: Personal Investments
Topic: Can we afford $600k home?
Replies: 98
Views: 6832

Re: Can we afford $600k home?

Grt2bOutdoors wrote:
Tue Jul 23, 2019 8:17 pm
.... No lender will give you a mortgage of 90% without PMI. There’s too much risk for them and too much risk for you.
Sure they will. The rate might just be higher. Lot’s of moving pieces, just like a car lease.
by WS1
Tue Jul 23, 2019 6:10 pm
Forum: Personal Investments
Topic: Can we afford $600k home?
Replies: 98
Views: 6832

Re: Can we afford $600k home?

I have yet to put my money where my mouth is. Don't listen to me. I can only layout my research and thought experiments Family, saving to purchase in HCOL with good rental stock. Haven't bought yet because we aren't sure where we want to settle and our finances haven't been settled enough to decide ...
by WS1
Mon Jul 22, 2019 9:17 pm
Forum: Personal Consumer Issues
Topic: Whole Bean Coffee: Worth the effort?
Replies: 90
Views: 5119

Re: Whole Bean Coffee: Worth the effort?

How long can you store green coffee beans? Cool, dry, air tight? Refrigerate? Sealed container? Do they sweat or get damp? Mold? Sprout? The old adage is the rule of 15s: "Coffee that is not roasted within 15 months of picking, ground within 15 days of roasting, and brewed within 15 minutes of grin...
by WS1
Thu Jul 18, 2019 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?
Replies: 222
Views: 14731

Re: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?

Sure, but that’s not why you should move to an expensive city.
It’s career opportunities that only exist in HCOL
It’s amenities that only exist in HCOL
It’s family in HCOL
by WS1
Mon Jul 15, 2019 8:15 pm
Forum: Personal Investments
Topic: Phase out EF [Emergency Fund]?
Replies: 111
Views: 5306

Re: Phase out EF [Emergency Fund]?

As with any thread related to EF, please be cautious of those who say they don’t have one. They sometimes leave out the fact that they have a large pile of money in their checking account - $10k or more in some cases. It’s great to hear all of the other practices but do what works for you. +1 “I do...
by WS1
Sun Jul 14, 2019 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Help me estimate how much my pension is worth?
Replies: 15
Views: 2881

Re: Help me estimate how much my pension is worth?

This is called the "pension handcuffs" calculation because it indicates how much you "lose" by retiring early or retiring and switching employers. As you get more years of service and age the figures get large and it can be unrealistic to match them at a new employer. I know for me at around age 50...
by WS1
Wed Jul 10, 2019 1:03 pm
Forum: Investing - Theory, News & General
Topic: De-Risking and Diversification aren't the same thing.
Replies: 106
Views: 7720

Re: De-Risking and Diversification aren't the same thing.

I’ve been following all the recent (and not so recent) conversations on role long term treasuries can play. How do zero coupons fit into this conversation? The brokerage window of my workplace account has two commission free long term treasury choices, but I’m not even sure if they’re comparable in ...
by WS1
Sun Jul 07, 2019 5:00 pm
Forum: Personal Consumer Issues
Topic: Is Grass-fed milk worth it?
Replies: 82
Views: 4276

Re: Is Grass milk worth it?

I guess I’ve bought into the hype that grass based is better for the land and the animals. I don’t drink milk, but Maple Hill’s plain yogurt and kefir are great.
by WS1
Sat Jul 06, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Need Perspectives on Potential Home Buying Decision
Replies: 20
Views: 1236

Re: Need Perspectives on Potential Home Buying Decision

Is that take home pay adjusted for the tax implications of the proposed home? I don’t really want to know. I’m just being a jerk because I find take home pay too squishy a number.
by WS1
Fri Jul 05, 2019 6:59 pm
Forum: Personal Consumer Issues
Topic: Buying a suit
Replies: 35
Views: 2090

Re: Buying a suit

Suit Supply, J.crew, Charles Tyrwhitt,

Just get something not comically slim and you’ll avoid buying something too trendy.
by WS1
Tue Jul 02, 2019 9:06 pm
Forum: Personal Consumer Issues
Topic: 2019 Subaru Forester Eyesight System?
Replies: 101
Views: 5257

Re: 2019 Subaru Forester Eyesight System?

I have a 2018 Crosstrek with Eyesight. I've always been a heavy cruise control user, and the adaptive system is outstanding. Wife's RAV4 has the Toyota version, and it's pretty good too. When I was rear-ended by a Jeep driver who evidently had no such system in operation, I drove a loaner while it ...
by WS1
Tue Jul 02, 2019 12:15 pm
Forum: Personal Consumer Issues
Topic: 2019 Subaru Forester Eyesight System?
Replies: 101
Views: 5257

Re: 2019 Subaru Forester Eyesight System?

2018 Outback

2/3 of my driving is congested urban highway, mostly stop and go. The ability of the subaru to come to a complete stop and start moving again on its own is why I bought the car. The fact that it can creep along at 15 mph with me doing nothing but steer is amazing!!!
by WS1
Tue Jul 02, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: HCOL vs LCOL Dilemma
Replies: 96
Views: 5003

Re: HCOL vs LCOL Dilemma

What is this “quality of life” so many of you speak about? Last time I checked everyone seems to have different preferences and priorities. I seriously doubt my friend raising his family in a newish 4000sq ft house in the burbs of a medium sized midwest city would willingly swap into my family situa...
by WS1
Sun Jun 30, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Lease vs Buying a Car
Replies: 84
Views: 6076

Re: Lease vs Buying a Car

Just one wrinkle I noticed during my previous lease vs buy research project. Don’t assume high residual = good lease candidate. Subaru, which I ended up buying, has a very high residual but you can’t really get a huge discount off MSRP. Chevy might have a terrible residual but you can easily get 25%...
by WS1
Sat Jun 29, 2019 9:04 am
Forum: Investing - Theory, News & General
Topic: "Alice's Adventures in Factorland"
Replies: 209
Views: 10632

Re: "Alice's Adventures in Factorland"

Back in the “slice and dice days” was conventional wisdom around here to hold equal parts growth and value?
by WS1
Sat Jun 29, 2019 8:06 am
Forum: Personal Finance (Not Investing)
Topic: What are the alternatives to 203K Mortgage with less hassle ?
Replies: 7
Views: 1070

Re: What are the alternatives to 203K Mortgage with less hassle ?

Fannie Mae offers a simliar style loan to the 203K called a HomeStyle renovation. It would still have a similar draw process to a 203k but would allow you to take out 1 loan to finance the construction costs. If you have decent credit and a significant down payment, then the Fannie product is proba...
by WS1
Tue Jun 18, 2019 9:28 pm
Forum: Investing - Theory, News & General
Topic: population growth and consumption
Replies: 15
Views: 1363

Re: population growth and consumption

Even without population growth, consumption can increase assuming that standards of living increase. For example, globally, 844 million people lack access to clean water. If those people's living conditions improve such that they gain access to clean water, that would mean growth for companies that...
by WS1
Sat Jun 15, 2019 8:59 am
Forum: Personal Consumer Issues
Topic: Walking Cities, potential for retirees
Replies: 102
Views: 10339

Re: Walking Cities, potential for retirees

You might get some ideas here

The AARP has been making a push into what I would call quality urban planning
https://www.aarp.org/livable-communities/

Some other launch points
American Planning Association Great Places winners
https://planning.org/greatplaces/
https://www.cnu.org/
by WS1
Fri Jun 14, 2019 6:57 pm
Forum: Personal Consumer Issues
Topic: Walking Cities, potential for retirees
Replies: 102
Views: 10339

Re: Walking Cities, potential for retirees

I think that the people who think that crossing freeways and walking through big box parking lots is “walkable” may not have ever lived anyplace that’s actually walkable. How many other people do you see out walking in these places? I suspect you see a few on the greenways getting exercise, but whe...
by WS1
Thu Jun 13, 2019 10:00 pm
Forum: Investing - Theory, News & General
Topic: How safe are pensions in the U.S.?
Replies: 87
Views: 9421

Re: How safe are pensions in the U.S.?

One thing that has not been mentioned is that even if things work out OK with the pension and it pays out as promised if it is not fully adjusted for inflation then that can quickly drop in value. During the high inflation years between 1975 and 1985 the value of a dollar dropped by about 50%. For ...
by WS1
Mon Jun 03, 2019 9:48 am
Forum: Personal Consumer Issues
Topic: "Fishing" Shirt Recommendations
Replies: 18
Views: 1507

Re: "Fishing" Shirt Recommendations

I spend about 25 days a year on the beach and wear a long sleeve Hanes Beefy Tee, alleged UPF of 39 when wet. Unlike all those fancy shirts it actually breathes and doesn't feel like I'm wearing a garbage bag. I tried it after seeing this Consumer Reports Post [url]ttps://www.consumerreports.org/cro...
by WS1
Thu May 30, 2019 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Schooling in NYC
Replies: 7
Views: 654

Re: Schooling in NYC

Hi, We have a 14 months old daughter and have started to learn about preschool and future education options. We live in a not so good school district solely for the reason of close proximity to my work. I take overnight calls at the hospital and staying away from family for so many nights is out of...
by WS1
Sun May 05, 2019 7:37 pm
Forum: Personal Investments
Topic: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?
Replies: 62
Views: 4621

Re: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?

Until how far out from retirement date? Whatever is vested you should count. It gets a little tricker which discount rate to use to calculate present value... So don’t assume I’ll continue to work for a participating employer for the next 25 years and walk away with 70% of my final salary. You can ...
by WS1
Sun May 05, 2019 6:25 pm
Forum: Personal Investments
Topic: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?
Replies: 62
Views: 4621

Re: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?

Operate as if you’re not getting a pension. Until how far out from retirement date? Whatever is vested you should count. It gets a little tricker which discount rate to use to calculate present value... So don’t assume I’ll continue to work for a participating employer for the next 25 years and wal...
by WS1
Sun May 05, 2019 5:56 pm
Forum: Personal Investments
Topic: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?
Replies: 62
Views: 4621

Re: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?

I am 33, and 100% in stocks for both my 401k & Roth IRA. I realize this is pretty aggressive, but my reasoning is that I have a lot of cash in a HYSA, and once I retire I'll be getting a pension somewhere between 36%-63% of my final salary (depending if I early retire at around age 54 or retire at ...
by WS1
Sun May 05, 2019 4:39 pm
Forum: Personal Investments
Topic: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?
Replies: 62
Views: 4621

Re: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?

Green Street wrote:
Sun May 05, 2019 11:32 am
Operate as if you’re not getting a pension.
Until how far out from retirement date?
by WS1
Sun May 05, 2019 4:23 pm
Forum: Personal Consumer Issues
Topic: Denver in August
Replies: 21
Views: 1871

Re: Denver in August

I’ve visited Colorado about a dozen times over the last 20 years, everything from a two week road trip, a 3 day ski trip, and visiting friends all over the mountains part of the state. I’d encourage you to only sleep in one or two places during your 8 day trip. A few visits ago a we had a fairly agg...
by WS1
Fri May 03, 2019 6:01 am
Forum: Personal Investments
Topic: Riskfree 3.00% Yield?!
Replies: 33
Views: 6426

Re: Riskfree 3.00% Yield?!

If you’re in NYC area Kearney Bank has a checking account paying 3.05%
by WS1
Sun Apr 28, 2019 10:26 am
Forum: Personal Consumer Issues
Topic: Please stop saying your next car will be autonomous
Replies: 9
Views: 1050

Please stop saying your next car will be autonomous

Don’t hold out for autonomous vehicles. If you’re tired of driving move somewhere with good public transit and bike infrastructure.
https://jalopnik.com/automation-transfo ... 1834176244
by WS1
Sat Apr 27, 2019 4:03 pm
Forum: Personal Consumer Issues
Topic: How much cash in London?
Replies: 54
Views: 3623

Re: How much cash in London?

Spent a week in London in February -Picked up maybe £150 from my local bank before I left and brought maybe $200 just out of paranoia -used either apple pay, chase sapphire reserve or amex plat for EVERYTHING. I had to remember to use the cash to avoid needing to reconvert the GBP -the CSR and Plat ...
by WS1
Tue Apr 23, 2019 4:04 pm
Forum: Investing - Theory, News & General
Topic: Pension Govt vs a High match job with higher pay.
Replies: 16
Views: 1866

Re: Pension Govt vs a High match job with higher pay.

Hello all. I thought I would ask the experts to double check my math. Right now I am employed in the government at have a DB plan. I will be fully vested and eligible to retire at age 56 with 32 years of service (20 years). I like my job and its low stress but I also wonder if I could be a bigger b...
by WS1
Tue Apr 23, 2019 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Getting Spouse On Board With Saving
Replies: 41
Views: 4069

Re: Getting Spouse On Board With Saving

Start with a baby step and avoid the philosophical discussions. Honey, we currently save 5% but would you be ok if next year we saved 6%? Then in a year you repeat the conversation. You could also get cleaver and do the “only spend half your pay raise” game. https://awealthofcommonsense.com/2013/07/...
by WS1
Mon Apr 22, 2019 3:49 pm
Forum: Investing - Theory, News & General
Topic: Pension Govt vs a High match job with higher pay.
Replies: 16
Views: 1866

Re: Pension Govt vs a High match job with higher pay.

Kind of similar situation. I need to figure out when I should start counting my pension in my savings needs assessment, especially with the quirks in the benefit formula that really penalizes leaving before retirement.
by WS1
Thu Apr 11, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: How do 40 year olds decide what they can afford?
Replies: 85
Views: 10060

Re: How do 40 year olds decide what they can afford?

Save enough to reach your goals spend the rest. I think knowing the answer to that statement is the OPs struggle. Many of the commenters are offering helpful ways to thoughtfully evaluate and restrain your desires, a key element of even moderate frugality and a healthy balance sheet. The message I'...
by WS1
Thu Apr 04, 2019 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds considering moving to NYC...advice and insight appreciated.
Replies: 51
Views: 4638

Re: Newlyweds considering moving to NYC...advice and insight appreciated.

Oooh I love these questions THERE IS NOTHING LIKE LIVING SOMEWHERE TRULY WALKABLE. I live in Brooklyn and did part time on the UES for a few years prior to that. Do it, love it, and if it stops working for you move upriver. Don’t forget there are some crushingly charming, walkable Hudson river towns...
by WS1
Thu Jan 24, 2019 3:01 pm
Forum: Personal Investments
Topic: Wunder Capital - solar lending as an investment - Thoughts?
Replies: 9
Views: 938

Re: Wunder Capital - solar lending as an investment - Thoughts?

Sometimes this place reminds of the Player Haters Ball sketch from Chappelle's Show..hate hate hate hate This is real business that I didn't know anything about until I saw this article, and then decided to search here and see if there were any opinions. https://pv-magazine-usa.com/2018/07/24/solar1...
by WS1
Thu Dec 06, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Climate Concerns re: small Jersey Shore Vacation Home
Replies: 54
Views: 3107

Re: Climate Concerns re: small Jersey Shore Vacation Home

How flood resistant is the condo building (how quickly was it habitable after Sandy and what adaptations have been made since?)
This is by no means a less expensive option, but if you buy and elevate a single family house at least you know exactly what risks you're getting.
by WS1
Mon Dec 03, 2018 10:41 am
Forum: Personal Investments
Topic: Saving for Retirement when one has a Pension
Replies: 60
Views: 6694

Re: Saving for Retirement when one has a Pension

I struggle with the same question If I work for ANY government within my state for another 20 years I can retire at age 57 with 60% of Final Salary, if I stay longer I'll accrue an additional 1.5% for each year thereafter, and I participate in social security. I know I have a reduced salary to cover...
by WS1
Sat Nov 10, 2018 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 95
Views: 8571

Re: Finances in NYC

What do you want to get out of living in the area? How old are you? Can you make friends easily? Could this just be a year or two? Could you find roommates? You probably won’t need 4 months rent in cash. I’ve never experienced it. Where will you work? The ability to bike/walk is damn near magical I ...
by WS1
Thu Oct 18, 2018 9:02 am
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 97
Views: 6920

Re: Personal Adventure - recommendations

Learn to paraglide and then follow flying season all around the world. How do I find places nearby that can teach and help me get a license? The United States Hang Gliding and Paragliding Association is the "regulator" in the USA. You should check here https://www.ushpa.org/ to find a school/instru...