Search found 776 matches

by mak1277
Thu Oct 18, 2018 1:37 pm
Forum: Investing - Theory, News & General
Topic: Why dismiss sectors?
Replies: 27
Views: 1120

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: 76
Views: 3866

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: 61
Views: 4968

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: 76
Views: 3866

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: 76
Views: 3866

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: 13331

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: 97
Views: 4675

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: 13331

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: 5131

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: 5131

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: 80
Views: 8673

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: 2264

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: 11451

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: 11451

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: 2889

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: 1088

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: 1088

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: 2889

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...
by mak1277
Wed Sep 12, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: Do you use social media to enhance your travel experience?
Replies: 66
Views: 2979

Re: Do you use social media to enhance your travel experience?

I do enjoy writing a recap of my trips, but I write them for me and have never posted anything on social media. The last couple of big trips, my wife and I have co-written these recaps on the long flights home. I re-read my recaps every so often (usually when I come across them by accident) and alwa...
by mak1277
Tue Sep 11, 2018 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Going off-track of asset allocation due to high savings rate
Replies: 47
Views: 2940

Re: Going off-track of asset allocation due to high savings rate

I don't pretend to know what is "undervalued" or "overvalued". I have an AA and I stick to it because I know I'm not smart enough or willing to do enough research to beat the market.
by mak1277
Tue Sep 11, 2018 8:13 am
Forum: Personal Finance (Not Investing)
Topic: New Job (1st Management Role)
Replies: 30
Views: 2996

Re: New Job (1st Management Role)

The other thing you need to ask yourself is how you will feel when you see people who aren't as good as you getting promoted past you (into this role and future promotions beyond that). Will you get annoyed and think "that should be me, I'm better than that guy/girl"...or will you say "sucker, I don...
by mak1277
Mon Sep 10, 2018 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: I think my father has a gambling problem
Replies: 78
Views: 6826

Re: I think my father has a gambling problem

Mrxyz wrote:
Mon Sep 10, 2018 11:48 am
One can be addicted without losing money.
One can also go to the casino twice a week, lose money and *not* be addicted.
by mak1277
Wed Aug 29, 2018 8:24 am
Forum: Personal Consumer Issues
Topic: What to put in a care package for college student
Replies: 44
Views: 2743

Re: What to put in a care package for college student

The best two things I ever received in a care package (both from mom) were homemade rice krispie treats and Marlboro Reds. Even back in the day at $2 a pack it felt expensive and was a welcome gift.

Don't smoke kids!
by mak1277
Tue Aug 28, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: How do you make use of this boglehead.org?
Replies: 20
Views: 2328

Re: How do you make use of this boglehead.org?

I read for entertainment. sadly, most of my "favorite" threads get locked. I'm on a strict three-fund portfolio and am not particularly interested in financial things...I love the boglehead philosophy of set it and forget it and have no real interest in the threads on financial/investing theory. I d...
by mak1277
Tue Aug 28, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: Cars... just another tool unless your a tool.
Replies: 28
Views: 2646

Re: Cars... just another tool unless your a tool.

If you think you're better than someone because you drive a cooler car than they do, you're a jerk.

If you think you're better than someone because they "waste" money on a cool car, you're also a jerk.
by mak1277
Thu Aug 16, 2018 1:53 pm
Forum: Personal Consumer Issues
Topic: Men’s Underwear recommendation
Replies: 67
Views: 6860

Re: Men’s Underwear recommendation

This is the kind of thread that makes me weep for mankind....how can anyone honestly need recommendations on freaking underwear? Have we become that un self reliant? Sigh...ex officio's are really good. Edit - I completely blame the internet for this ... can you imagine a guy going up to another guy...
by mak1277
Wed Aug 15, 2018 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Big 4 Who Jumped to Industry - Compensation
Replies: 35
Views: 5720

Re: Big 4 Who Jumped to Industry - Compensation

This was a long time ago but I received a 50% raise. I felt like I was on vacation working 40-45 hours per week. Also, public accounting is horribly inefficient for the firm. Each engagement team turns over each year and the newbies spend all of busy season learning the new client only to repeat it...
by mak1277
Tue Aug 14, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)
Replies: 48
Views: 5521

Re: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)

Non-Fiction Desert Solitaire - Ed Abbey Lords of the Realm - John Helyar (bonus, by the same author, Barbarians at the Gate ) The Only Kayak - Kim Heacox Fiction Straight Man - Richard Russo Sun Also Rises - Hemingway The Spy Who Came in From the Cold - John LeCarre Really most anything from any of...
by mak1277
Mon Aug 13, 2018 1:42 pm
Forum: Personal Consumer Issues
Topic: Pop up tent camper
Replies: 24
Views: 2830

Re: Pop up tent camper

Rent one.
by mak1277
Mon Aug 06, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 870
Views: 94807

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

MJW wrote:
Mon Aug 06, 2018 1:36 pm
Working my way through Season Three of the Sopranos. Having never watched the series before, it is obvious how it set the stage for the Netflix/streaming revolution that came later.
I'd argue that Sopranos, followed quickly by The Wire, started the new golden age of TV.
by mak1277
Mon Aug 06, 2018 12:44 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 870
Views: 94807

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

One has to suspend disbelief with many TV/movie plots, and I just could not suspend my disbelief that the hotel manager could pull this off (without giving too much away!) I thought Tom Hiddleston was more believable as the Norse god Loki than he was a as a hotel manager turned spy. :| A good show ...
by mak1277
Mon Aug 06, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Dear BH, what are non-BH [financial] actions you do?
Replies: 71
Views: 4848

Re: Dear BH, what are non-BH actions you do?

Also, we have no intentions of paying for the university education of our children. We have ~12 years for our opinion to change as our oldest is 6, but at this point it isn't something we are really considering. We are going to pay as follows (our daughter is 6 now as well) 1) 2-years of Community ...
by mak1277
Mon Aug 06, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: "Skin in the game"
Replies: 105
Views: 7356

Re: "Skin in the game"

I skipped just as many classes in the years of college that I paid for as I did in the years my parents paid for. Skin in the game didn't motivate me at all in that way.
by mak1277
Mon Aug 06, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: "Skin in the game"
Replies: 105
Views: 7356

Re: "Skin in the game"

For me, the following sentence, delivered by my mom, was all the "skin in the game" I needed:

"Don't expect to graduate college, not get a job, and move back home. That isn't an option."

That concept was more motivating than any amount of financial support or not.
by mak1277
Mon Aug 06, 2018 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Dear BH, what are non-BH [financial] actions you do?
Replies: 71
Views: 4848

Re: Dear BH, what are non-BH actions you do?

Aside from holding a three-fund portfolio, I don't really pay much attention to any other "tenets" of bogelhead-dom.
by mak1277
Fri Aug 03, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Impact of higher property taxes on home price
Replies: 45
Views: 2447

Re: Impact of higher property taxes on home price

I think a good percentage of today's house buyers are paychek-paychek. So it will impact... But the impact of losing the deductions isn't going to be noticed in your paycheck. So the average person is going to buy their house based on that paycheck, not factoring in the deduction. Their day-to-day ...
by mak1277
Fri Aug 03, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Impact of higher property taxes on home price
Replies: 45
Views: 2447

Re: Impact of higher property taxes on home price

It absolutely should have an impact to house prices. In an efficient market, that impact would happen somewhat immediately, but real estate is generally slower moving. It's my belief that the tax law changes (remember the change to mortgage interest as well) hasn't propagated through the market - a...
by mak1277
Fri Aug 03, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: charitable giving
Replies: 4
Views: 351

Re: charitable giving

Nearly all of our charitable giving is based on having a personal connection with the organization. That's not a hard and fast rule we follow, but it ends up being how our money is donated almost every year. I just have a harder time sending my money into the big black box of a mega national charity.
by mak1277
Fri Aug 03, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Impact of higher property taxes on home price
Replies: 45
Views: 2447

Re: Impact of higher property taxes on home price

It absolutely should have an impact to house prices. In an efficient market, that impact would happen somewhat immediately, but real estate is generally slower moving. It's my belief that the tax law changes (remember the change to mortgage interest as well) hasn't propagated through the market - a...
by mak1277
Fri Aug 03, 2018 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Impact of higher property taxes on home price
Replies: 45
Views: 2447

Re: Impact of higher property taxes on home price

It would surprise me to learn that a majority of people (heck, even if it was 30% I'd be surprised) gave significant consideration to tax deductions when deciding how much house they could buy. I'm a CPA and I have never done that. That is astounding that a CPA would not evaluate the tax deductions...
by mak1277
Thu Aug 02, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Impact of higher property taxes on home price
Replies: 45
Views: 2447

Re: Impact of higher property taxes on home price

It absolutely should have an impact to house prices. In an efficient market, that impact would happen somewhat immediately, but real estate is generally slower moving. It's my belief that the tax law changes (remember the change to mortgage interest as well) hasn't propagated through the market - a...
by mak1277
Thu Aug 02, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Impact of higher property taxes on home price
Replies: 45
Views: 2447

Re: Impact of higher property taxes on home price

PVW wrote:
Thu Aug 02, 2018 12:21 pm
mak1277 wrote:
Thu Aug 02, 2018 10:21 am
If I was selling my house it wouldn't have any impact.
You only get to set the asking price, not the selling price.
I get to set the minimum price I'm willing to sell for, though, and that's really all that matters.
by mak1277
Thu Aug 02, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Impact of higher property taxes on home price
Replies: 45
Views: 2447

Re: Impact of higher property taxes on home price

If I was selling my house it wouldn't have any impact.
by mak1277
Thu Aug 02, 2018 8:13 am
Forum: Personal Consumer Issues
Topic: New job commute
Replies: 64
Views: 3773

Re: New job commute

can you possibly get some more flexibility in your work hours? I'm guessing the commute would be better if you were able to work from, say, 6:30am - 3:30 or 4:00pm.
by mak1277
Thu Aug 02, 2018 8:11 am
Forum: Personal Consumer Issues
Topic: New job commute
Replies: 64
Views: 3773

Re: New job commute

PaulAtreides wrote:
Wed Aug 01, 2018 11:49 pm
Cant move closer either, young kids and all.
I don't understand what having young kids has to do with your ability to move.
by mak1277
Wed Aug 01, 2018 3:48 pm
Forum: Personal Consumer Issues
Topic: What’s your Value Colombian coffee?
Replies: 53
Views: 3624

Re: What’s your Value Colombian coffee?

I'm always impressed by other peoples' ambition. I don't even like to buy whole beans because grinding it myself seems like a huge waste of my time. And if you don't appreciate fresh coffee, that's fine--pre-ground coffee is stale by definition. I press one button on my grinder and 7 seconds later ...
by mak1277
Wed Aug 01, 2018 3:24 pm
Forum: Personal Consumer Issues
Topic: What’s your Value Colombian coffee?
Replies: 53
Views: 3624

Re: What’s your Value Colombian coffee?

Nicolas wrote:
Tue Jul 31, 2018 7:53 pm
I buy green coffee beans and roast them myself. It's always fresh, and the cost is cheaper. It's not difficult to do.
I'm always impressed by other peoples' ambition. I don't even like to buy whole beans because grinding it myself seems like a huge waste of my time.
by mak1277
Mon Jul 30, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Boy's first job
Replies: 38
Views: 3774

Re: Boy's first job

Does your son want to contribute to a 401k? I, for one, think he should be allowed to keep all of his money for gas, girls, college and whatever else and not be coerced into saving it in a retirement fund. Lots and lots of time for that in the future.
by mak1277
Fri Jul 27, 2018 8:29 am
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 10067

Re: Toughest Purchase of my Life. Engagement Ring time

The two worst investments you will buy are a new car and a diamond. They say a Diamond loses 50% of its value after you buy it and a car 30% when you drive it off the lot. Also not really anything you can do. Our culture but really the de beers advertising has made it so you need to but a diamond r...