Search found 808 matches

by mak1277
Wed Jan 16, 2019 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 212
Views: 14259

Re: Why are your NOT buying rental properties?

Don’t want to hustle: well, I can’t help you there. What I don’t get is...I see people working their buff off so they can make a few more bucks per hour but they are not willing to spend a few hours a week looking at houses and learning about RE? To be fair and honest, I don't hustle all that much ...
by mak1277
Wed Jan 16, 2019 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 212
Views: 14259

Re: Why are your NOT buying rental properties?

So, I have to ask..if you are willing to hustle and you have the money, why are you not buying rental properties? I would say I'm not interested in hustling. I love the BH philosophy because it encourages apathy towards investing ($$ goes into 3-funds, then don't do anything else). I have no desire...
by mak1277
Wed Jan 16, 2019 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 212
Views: 14259

Re: Why are your NOT buying rental properties?

So, I have to ask..if you are willing to hustle and you have the money, why are you not buying rental properties? I would say I'm not interested in hustling. I love the BH philosophy because it encourages apathy towards investing ($$ goes into 3-funds, then don't do anything else). I have no desire...
by mak1277
Tue Jan 15, 2019 10:44 am
Forum: Investing - Theory, News & General
Topic: How to avoid temptation to buy hot stocks or bitcoin?
Replies: 63
Views: 4234

Re: How to avoid temptation to buy hot stocks or bitcoin?

Not paying attention to the market is a big help. I couldn't tell you what a "hot stock" is today, or what bitcoin's price is, was, or ever will be. I just drop my money into my 3 funds and check my balance now and then. Low information diet.
by mak1277
Mon Jan 14, 2019 4:01 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4050
Views: 1102056

Re: What Movie Have You Recently Watched?

I watched Free Solo this weekend and it was one of the best things I've ever seen.
by mak1277
Fri Jan 11, 2019 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire by 40 and How you Did it?
Replies: 90
Views: 10194

Re: Millionaire by 40 and How you Did it?

Big 4 CPA married another Big 4 CPA...both eventually transitioned out to other companies, ultimately both earning over 6 figures with no kids (at the time). Didn't really put any extra effort into saving/frugality or into aggressive investing...hit $1 million at 37 and $1 million each by 39.
by mak1277
Wed Jan 09, 2019 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Employee stock options - is it worth quibbling about the grant date?
Replies: 6
Views: 623

Re: Employee stock options - is it worth quibbling about the grant date?

I recently joined a company shortly before its IPO. (yes, its good fortune assuming I last a few years) My first day was on a Monday, the IPO was on the friday of that same week. My options were dated for friday rather than my first day of employment which strikes me as kind of odd. They're priced ...
by mak1277
Wed Jan 09, 2019 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Suggestions on secular donations & time donations
Replies: 22
Views: 1194

Re: Suggestions on secular donations & time donations

- Local organizations that make a visible difference in your community - National organizations that focus on something that is important to to you Does require each individual to make their own choices. This, without question. I have no real interest in knowing what anyone else donates to, because...
by mak1277
Tue Jan 08, 2019 4:25 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12636

Re: Recommendations for a 9mm handgun

JoMoney wrote:
Tue Jan 08, 2019 4:14 pm
mak1277 wrote:
Tue Jan 08, 2019 4:10 pm
Gort wrote:
Tue Jan 08, 2019 3:58 pm
Odd discussion for a financial forum.
More or less odd than "what's the best type of men's underwear"? :)
We have lots of consumer product/purchase discussions.
Exactly. That was my point. This isn't any more or less odd than dozens of other things people ask about around here.
by mak1277
Tue Jan 08, 2019 4:10 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12636

Re: Recommendations for a 9mm handgun

Gort wrote:
Tue Jan 08, 2019 3:58 pm
Odd discussion for a financial forum.
More or less odd than "what's the best type of men's underwear"? :)
by mak1277
Mon Jan 07, 2019 9:41 am
Forum: Investing - Theory, News & General
Topic: How do you view a savings surplus in retirement?
Replies: 117
Views: 5965

Re: How do you view a savings surplus in retirement?

So nobody would view it as a lump sum spendable pool of money to be dipped into at will? I view my entire portfolio as a spendable pool of money to be dipped into at will....I also realize that it has to last for a very long time, so I don't generally do anything "crazy" with the money. But I have ...
by mak1277
Mon Jan 07, 2019 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals
Replies: 136
Views: 10534

Re: Fiance Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals

My point of view early in my career was that I never wanted to be "401k poor". In other words, I refused to sacrifice things that were important to me in the immediate term in order to save for retirement (aka, the time that may never come). If you're sacrificing things you want today just to save f...
by mak1277
Thu Jan 03, 2019 10:18 am
Forum: Personal Consumer Issues
Topic: What is the truth - paper towels vs. electric hand dryer?
Replies: 38
Views: 2284

Re: What is the truth - paper towels vs. electric hand dryer?

The only fact that matters to me is that hand dryers annoy me because I never feel like my hands are dry. therefore I prefer paper towels. No further facts or assumptions are relevant for me.
by mak1277
Thu Dec 20, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: Why contribute to retirement funds?
Replies: 43
Views: 3233

Re: Why contribute to retirement funds?

I don't personally believe in curtailing your desired lifestyle just to save for retirement. Being "401(k) poor" is just as dumb as being "house poor". So when I was in the early stages of my career, I didn't save anything in my retirement, because I wasn't willing to short change myself on doing t...
by mak1277
Thu Dec 20, 2018 12:11 pm
Forum: Investing - Theory, News & General
Topic: Why contribute to retirement funds?
Replies: 43
Views: 3233

Re: Why contribute to retirement funds?

I don't personally believe in curtailing your desired lifestyle just to save for retirement. Being "401(k) poor" is just as dumb as being "house poor". So when I was in the early stages of my career, I didn't save anything in my retirement, because I wasn't willing to short change myself on doing th...
by mak1277
Fri Dec 14, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 19506

Re: Favorite Purchase of 2018?

Rolex Submariner.
by mak1277
Thu Dec 06, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Retirement planning--how many years of cash equiv should I aim to have?
Replies: 16
Views: 2415

Re: Retirement planning--how many years of cash equiv should I aim to have?

My plan: 1) choose a WR % I am comfortable with, an AA that supports it, and achieve that 2) In addition to #1, set aside 3 years expenses in cash equivalents. 3) In addition to #1 & 2, set aside a chunk for children's college education, invested in a separate AA based on when I'll expect to use it ...
by mak1277
Thu Dec 06, 2018 9:02 am
Forum: Personal Consumer Issues
Topic: Recommend dish drainer (rack)
Replies: 41
Views: 2291

Re: Recommend dish drainer (rack)

Been using the same cheap white plastic one for a decade without issue or complaint. I don't know what brand or model it is, but I'm sure it was $10 or less at Target or Wal-mart. This seems like an object whose acquisition doesn't need to be over-thought or optimized.
by mak1277
Thu Dec 06, 2018 8:58 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1028
Views: 110158

Re: [What TV Show Have You Recently Watched?]

Just finished the Bodyguard on Netflix...6 episode British police/political action drama. Very entertaining, starring the actor who plays Rob Stark on Game of Thrones.
by mak1277
Wed Dec 05, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: Looking for a nice travel watch... recommendations?
Replies: 41
Views: 2428

Re: Looking for a nice travel watch... recommendations?

wander wrote:
Wed Dec 05, 2018 3:47 pm
ssquared87 wrote:
Wed Dec 05, 2018 12:36 am
Rolex or omega is the perfect travel watch, so you’re already covere.
I would think twice to wear any luxury brand while travelling to developing countries. I don't want to become a target for thieves.
Aren't you a target for thieves simply by being a tourist or obvious foreigner though?
by mak1277
Wed Dec 05, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 9000

Re: How did YOU choose your career?

I'm going to have to read through this whole thread and see if it helps me figure out how to figure out what I should be doing. I'm 35 and I've hated every job I've ever had. Most of the time I can't stomach them for more than a year and quit. I went back to school for a second degree just so I cou...
by mak1277
Tue Dec 04, 2018 5:15 pm
Forum: Personal Consumer Issues
Topic: Looking for a nice travel watch... recommendations?
Replies: 41
Views: 2428

Re: Looking for a nice travel watch... recommendations?

Why not just wear your Rolex if you're only talking about wearing it while you're on the ship?
by mak1277
Thu Nov 29, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: How do you spend/kill time online?
Replies: 21
Views: 2721

Re: How do you spend/kill time online?

I'm rarely, if ever, online when I'm not at work. I'll browse the news and update my fantasy football team. That's about it.
by mak1277
Thu Nov 29, 2018 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Net Worth Question - Current Value or Personal Contribution?
Replies: 31
Views: 2149

Re: Net Worth Question - Current Value or Personal Contribution?

Current value. How much you saved to get to this point does not matter going forward. Thank you for your reply, but I am having trouble understanding this as to why what I have already invested to get to this point doesn't matter. Could you please clarify or suggest I read something you recommend t...
by mak1277
Thu Nov 29, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 9000

Re: How did YOU choose your career?

I think even the smartest high school kids are kind of idiots at life still at that point. No reason to rush a serious choice like that. I was bright but lazy in high school...good grades without having to work hard. Went to college planning to major in Bio, get a PhD and become a professor. Learned...
by mak1277
Wed Nov 14, 2018 4:39 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3737

Re: International Travel during Maternity/Paternity

I have a 9 month old...I'm still so tired that the idea of going to the grocery store is absolutely exhausting. The thought of international travel is so far from my mind that I can't even formulate a logical response to your question. Even if your kid-to-be is an absolute angel, I can't imagine hav...
by mak1277
Fri Nov 09, 2018 12:49 pm
Forum: Investing - Theory, News & General
Topic: Best Finance/Stock Market Films
Replies: 34
Views: 1733

Re: Best Finance/Stock Market Films

hdas wrote:
Fri Nov 09, 2018 9:46 am
Color of the Money
Not sure if this qualifies as a finance film, but it does have one of the best movie quotes ever: "Money won is twice as sweet as money earned."

I believe there is a movie version of Barbarians at the Gate with James Garner that was pretty good.
by mak1277
Fri Nov 09, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: Best Finance/Stock Market Films
Replies: 34
Views: 1733

Re: Best Finance/Stock Market Films

It's a travesty that Wall Street wasn't the first film listed!

I'll throw my vote towards Boiler Room
by mak1277
Mon Oct 29, 2018 7:57 am
Forum: Personal Consumer Issues
Topic: Getting depressed with all this saving. :-(
Replies: 38
Views: 6463

Re: Getting depressed with all this saving. :-(

I feel your pain OP...saving is definitely boring. It's like eating vegetables...you know it's the right thing to do but boy does it suck compared to eating bacon.
by mak1277
Thu Oct 25, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Moves to make after welcoming 1st child
Replies: 16
Views: 1889

Re: Moves to make after welcoming 1st child

Our little maniac is now 8 months old, so my advice is to cherish the few short months when you can put the baby down and know he'll be in the same spot when you return :)
by mak1277
Fri Oct 19, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Did you retire because you hit your number?
Replies: 71
Views: 6668

Re: Did you retire because you hit your number?

Besides the financial matters, retiring most likely means a one-way street unless you are "retiring" real early. It is especially true in the "hard" field such as science or engineering. Didn't the thought of leaving behind what more or less defined you for most of your adult life scare you? "Scare...
by mak1277
Fri Oct 19, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Did you retire because you hit your number?
Replies: 71
Views: 6668

Re: Did you retire because you hit your number?

I know my post is not replying to the OP's question but..... how do you decide your number? I just cannot! I have read many posts on this and I(no one) cannot predict the future of course but how can you decide on how much medical cost will be down the line, cost of living increases........etc etc....
by mak1277
Thu Oct 18, 2018 1:37 pm
Forum: Investing - Theory, News & General
Topic: Why dismiss sectors?
Replies: 31
Views: 1768

Re: Why dismiss sectors?

My reason: Because I don't know enough, and don't have enough desire to do the research, to have an opinion on which sector(s) are better than others. Total market makes sure I have some of everything and I don't have to think about it. Perfect.
by mak1277
Thu Oct 18, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 97
Views: 6599

Re: Personal Adventure - recommendations

Oh Boy, its a debate. I have seen the same for a lot of the various ideas. Maybe I should add a criteria "the adventure shall not have accumulated enough participants to engender a debate about the quality for the adventure" or "the adventure shall have no overall negative reviews by participants"....
by mak1277
Wed Oct 17, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Did you retire because you hit your number?
Replies: 71
Views: 6668

Re: Did you retire because you hit your number?

No.

I technically hit my number sometime last year, but I have some serious golden handcuffs that will keep me working at least another couple years. Two or three extra years could potentially double my assets, which would allow for some fun extravagances over a long retirement.
by mak1277
Tue Oct 16, 2018 4:18 pm
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 97
Views: 6599

Re: Personal Adventure - recommendations

I'd start by making a list of acceptable/desired modes of travel. If "on foot" is the only option, that limits you obviously. What about bike, canoe/kayak/packraft, skis? When I read your OP, the three places that popped into my head were Alaska, Patagonia and Antarctica. I don't know anything abou...
by mak1277
Tue Oct 16, 2018 3:34 pm
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 97
Views: 6599

Re: Personal Adventure - recommendations

I'd start by making a list of acceptable/desired modes of travel. If "on foot" is the only option, that limits you obviously. What about bike, canoe/kayak/packraft, skis? When I read your OP, the three places that popped into my head were Alaska, Patagonia and Antarctica. I don't know anything about...
by mak1277
Tue Oct 16, 2018 8:13 am
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 14175

Re: Correlation between the FIRE movement and one of the greatest bull markets

I have dreamt of FIRE myself, believe me. When I hit my target number are age 31, I realized I was being selfish if I quit work and just stopped contributing. It took 14.5 years of training for me to develop basic proficiency at my craft, but It would do thousands of patients a disservice if I quit...
by mak1277
Thu Oct 11, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: Keep a backup hot water heater?
Replies: 104
Views: 5740

Re: Keep a backup hot water heater?

I see no reason to keep a backup. Mine failed and I drove to Home Depot, bought a new one, rented a truck from HD to get it home, installed it and returned the truck all within about 2 hours.
by mak1277
Fri Oct 05, 2018 8:32 am
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 14175

Re: Correlation between the FIRE movement and one of the greatest bull markets

goblue100 wrote:
Fri Oct 05, 2018 7:59 am
I going to start the RIP movement. Retire In Place. Keep your job, keep your insurance, and take as much time off as possible and travel the world. Who is with me?
Not going to cut it...my 4 weeks of annual vacation isn't enough to do all the things I want.
by mak1277
Mon Sep 24, 2018 2:55 pm
Forum: Personal Consumer Issues
Topic: Vacation without saving adequately?
Replies: 70
Views: 5329

Re: Vacation without saving adequately?

We will likely not be able to save up enough to cover the costs without dipping into savings. Do you have a specific expenditure that your "savings" are earmarked for? If not, then I don't really understand the difference. If you had "save[d] up" for vacation wouldn't that money be in your "savings...
by mak1277
Mon Sep 24, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: Vacation without saving adequately?
Replies: 70
Views: 5329

Re: Vacation without saving adequately?

We will likely not be able to save up enough to cover the costs without dipping into savings. Do you have a specific expenditure that your "savings" are earmarked for? If not, then I don't really understand the difference. If you had "save[d] up" for vacation wouldn't that money be in your "savings...
by mak1277
Mon Sep 24, 2018 8:16 am
Forum: Personal Consumer Issues
Topic: Minimalist Lifestyle
Replies: 92
Views: 11848

Re: Minimalist Lifestyle

I don't know why anyone would volunteer to live like a homeless person, so my answers are - no, I have no desire to be minimalist and I would never choose to live out of a suitcase.
by mak1277
Tue Sep 18, 2018 8:47 am
Forum: Investing - Theory, News & General
Topic: Unchanging opinions
Replies: 25
Views: 2333

Re: Unchanging opinions

This is completely unsurprising. Think about how politicians are punished (in the polls) for changing their minds on things...when in reality, the very fact that someone is intelligent and flexible enough to change their mind on something is a positive, not a negative. I think most people just want ...
by mak1277
Mon Sep 17, 2018 7:58 am
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: 11678

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

But really, I think most people are unable or unwilling to accept or understand opposing viewpoints. It's not "sad" if someone loves their job and never wants to retire. Nor is it "sad" if someone is excited about early retirement because they don't want to work. It's only sad if someone does somet...
by mak1277
Fri Sep 14, 2018 8:00 am
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: 11678

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

If I took my favorite hobby and made a job out of it, but I was obligated to do it 40 hours a week no matter what, I'm sure I would be tired of it within a year or two. I just don't enjoy the obligations of having a job. I want to retire early so I can do whatever I want whenever I want to do it (or...
by mak1277
Fri Sep 14, 2018 7:33 am
Forum: Personal Consumer Issues
Topic: Picking a Charity
Replies: 69
Views: 2972

Re: Picking a Charity

With all respect to the OP, how does a thoughtful, introspective, considered, mindful adult reach this point in his life without ever having found a single charitable cause that touches his soul? It took me until my late 30s to find any that I really cared about deeply. If you don't come from an up...
by mak1277
Fri Sep 14, 2018 7:30 am
Forum: Investing - Theory, News & General
Topic: ESOP, Options, Restricted Shares holders: When do you sell?
Replies: 21
Views: 1132

Re: ESOP, Options, Restricted Shares holders: When do you sell?

Options are different. These are generally granted in bigger chunks, and upon vesting you have to make the decision to pony up & sell or pony up & hold, depending on your view of the potential of the stock, and in light of short-term vs long-term capital gains tax rates. Although it goes against Bo...
by mak1277
Thu Sep 13, 2018 1:34 pm
Forum: Investing - Theory, News & General
Topic: ESOP, Options, Restricted Shares holders: When do you sell?
Replies: 21
Views: 1132

Re: ESOP, Options, Restricted Shares holders: When do you sell?

Options are different. These are generally granted in bigger chunks, and upon vesting you have to make the decision to pony up & sell or pony up & hold, depending on your view of the potential of the stock, and in light of short-term vs long-term capital gains tax rates. Although it goes against Bo...
by mak1277
Wed Sep 12, 2018 3:56 pm
Forum: Personal Consumer Issues
Topic: Picking a Charity
Replies: 69
Views: 2972

Re: Picking a Charity

My point of view is that the people should donate to things they believe in and care about. I wouldn't suggest that you donate to the same charities that I do, because our values are likely different. One example...I donate to a charity that offers free house cleaning for people with cancer. I do th...