Search found 422 matches

by AZAttorney11
Tue Feb 13, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Should I claim chapter 7 bankruptcy? debt 110k
Replies: 64
Views: 6312

Re: Should I claim chapter 7 bankruptcy? debt 110k

See a lawyer but bankruptcy is like dropping a nuke on your life for many years. If you think it is going to wipe the slate clean to start over, think again. The toll this will have on your future is extreme. No, it is not an extreme toll on one's future. Filing bankruptcy is far more common than m...
by AZAttorney11
Fri Feb 09, 2018 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Need help from someone experienced with bankruptcy and probate
Replies: 16
Views: 816

Re: Need help from someone experienced with bankruptcy and probate

I do not believe any debts are discharged at death if there are still assets to distribute (outside of bankruptcy). Federal student loans. I'm not an expert on probate. But say a person having $100,000 in savings and $25,000 in federal student debt. That person passes on. I would assume that the fe...
by AZAttorney11
Tue Feb 06, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14513

Re: Vanguard site is crashed now?

Keepcalm wrote:
Tue Feb 06, 2018 9:54 am
Fidelity is now down.
Completely unacceptable. Let’s see how long until they remedy their issues.

For the record, I can get into my Fidelity account no problem as of 8:03 a.m. MST.
by AZAttorney11
Mon Feb 05, 2018 4:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14513

Re: Vanguard site is crashed now?

Ladies and gentlemen who couldn't reach Vanguard: Were we market timing? Shame! :mrgreen: Exactly! Why would you need to do something today in the down market unless you are a MARKET TIMER? That is NOT "staying the course". I think some people on this site really do not buy into the philosophy. Tha...
by AZAttorney11
Mon Feb 05, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14513

Re: Vanguard site is crashed now?

Whether one was looking to buy, sell, rebalance, or simply check the status of their account or other activity, it is inexcusable for an entire platform to be unavailable during regular market hours. Pathetic technology and reliability on full display from Vanguard today.
by AZAttorney11
Mon Feb 05, 2018 4:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14513

Re: Vanguard site is crashed now?

Couldn't access Vanguard, but no problems using Fidelity. Sigh...
by AZAttorney11
Sun Dec 24, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Law School Scholarships
Replies: 36
Views: 2554

Re: Securing Law School Scholarships

Are you a minority or female? Fair or not, that matters. If the answer is no to both, retake the LSAT.
by AZAttorney11
Sat Dec 23, 2017 1:01 pm
Forum: Investing - Theory, News & General
Topic: Will you take this Fidelity bait ?
Replies: 126
Views: 13567

Re: Will you take this Fidelity bait ?

Bogleheads: Fidelity and nearly all other mutual fund companies (except Vanguard) serve two masters: Their investors and their stockholders. Who is likely to come first? I will continue to keep all my securities with Vanguard (since 1986). Best wishes. Taylor Hi, Taylor, If we are using expense rat...
by AZAttorney11
Fri Dec 22, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do you see a meaningful change in your income with new Tax Bill?
Replies: 266
Views: 21319

Re: Do you see a meaningful change in your income with new Tax Bill?

We are going to save a substantial amount. Very excited for the next 10 years (hopefully the cuts will become permanent)!
by AZAttorney11
Fri Dec 22, 2017 12:06 pm
Forum: Investing - Theory, News & General
Topic: Will you take this Fidelity bait ?
Replies: 126
Views: 13567

Re: Will you take this Fidelity bait ?

Yes, I think John Bogle is a hero and I will forever be grateful for his work, but I find Vanguard cumbersome to deal with and I find Fidelity's website to be far superior. I am willing to pay more for that. Here's the great news, you don't have to pay more to invest with Fidelity. As other posters...
by AZAttorney11
Wed Dec 06, 2017 11:35 am
Forum: Personal Consumer Issues
Topic: Least/Most Reliable Carmakers Today
Replies: 31
Views: 2078

Re: Least/Most Reliable Carmakers Today

It is very model specific. For example, the Audi A4 is a well known dog of a car. But the Audi Q5 is much more reliable (the link you posted has it being the most reliable model in its class).
by AZAttorney11
Tue Dec 05, 2017 11:32 pm
Forum: Personal Consumer Issues
Topic: Europe Suggestions
Replies: 44
Views: 3001

Re: Europe Suggestions

Following. We (myself, wife and a friend) are doing a trip in June starting in London then taking the train to Paris followed by Brussels and then Amsterdam. We will then fly home on icelandair and do a couple of day stopover in Iceland. We are doing AirBNB's everywhere except London, I will use po...
by AZAttorney11
Thu Nov 16, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 51
Views: 4494

Re: Help with Understanding How to Handle Bonus

I understand you're in "extreme student loan repayment mode," but make sure you take some of the bonus money and do something special with your wife. It could be a nice night out, a weekend getaway, etc. Doesn't have to be a substantial sum of money, but definitely celebrate your accomplishment!
by AZAttorney11
Wed Nov 15, 2017 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 7312

Re: Sobering article for my 25 year old self

AZAttorney11, A person could not be 4.5% unemployed. We are not a statistic. << Again, it’s absurd to suggest that someone who is 25 and wants to work to 65 will only have 20 years of “full employment.”>> I do not suggest. This happened to many of my peers. They are permanently unemployed or under-...
by AZAttorney11
Wed Nov 15, 2017 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 7312

Re: Sobering article for my 25 year old self

AZAttorney11, A person could not be 4.5% unemployed. We are not a statistic. << Again, it’s absurd to suggest that someone who is 25 and wants to work to 65 will only have 20 years of “full employment.”>> I do not suggest. This happened to many of my peers. They are permanently unemployed or under-...
by AZAttorney11
Wed Nov 15, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 7312

Re: Sobering article for my 25 year old self

[quote=AZAttorney11 post_id=3620191 time=<a href="tel:1510784947">1510784947</a> user_id=61729] ^ It's absolutely nonsense that a 25 year old, who is otherwise healthy, ready, willing, and able to work, will only have 20 years of time to accrue earnings. So what are all of these people aged 25-65 d...
by AZAttorney11
Wed Nov 15, 2017 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 7312

Re: Sobering article for my 25 year old self

^

It's absolutely nonsense that a 25 year old, who is otherwise healthy, ready, willing, and able to work, will only have 20 years of time to accrue earnings. So what are all of these people aged 25-65 doing when they aren't working for 20 years? This is fear mongering.
by AZAttorney11
Wed Nov 15, 2017 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 213
Views: 20790

Re: Why NOT make more money?

I don't understand the line of reasoning that you are giving up a year of your life if you continue working. Do all of you work in sweatshops that forbid time off on the weekends, prevent long vacations once or twice a year, and ignore holidays like Thanksgiving and Christmas? It's okay to travel o...
by AZAttorney11
Wed Nov 15, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 213
Views: 20790

Re: Why NOT make more money?

I don't understand the line of reasoning that you are giving up a year of your life if you continue working. Do all of you work in sweatshops that forbid time off on the weekends, prevent long vacations once or twice a year, and ignore holidays like Thanksgiving and Christmas? It's okay to travel o...
by AZAttorney11
Wed Nov 15, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Request for Promotion letter to Senior Management
Replies: 155
Views: 13676

Re: Request for Promotion letter to Senior Management

OP, why do you think two new managers were brought into the group, but you weren't selected for a managerial position? Based on what you've posted, I fear you are an "anchor" within your team / organization and at-level.
by AZAttorney11
Wed Nov 15, 2017 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 7312

Re: Sobering article for my 25 year old self

More than anything, I would tell a 25 year old today to be a continuous learner and obtain all of the education, certifications, etc. they can to increase their marketability and maximize income. And then to continue retraining and retooling themselves and their skill set as they progress throughou...
by AZAttorney11
Wed Nov 15, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 7312

Re: Sobering article for my 25 year old self

Folks, IMHO, the real sobering thought for a 25 years person is that for many people, it is unlikely that they will be continuously fully-employed until retirement age. They are likely to be unemployed for 6 months to 1 year if not longer. Recessions will occur regularly. They will be affected by o...
by AZAttorney11
Wed Nov 15, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 7312

Re: Sobering article for my 25 year old self

More than anything, I would tell a 25 year old today to be a continuous learner and obtain all of the education, certifications, etc. they can to increase their marketability and maximize income. And then to continue retraining and retooling themselves and their skill set as they progress throughout...
by AZAttorney11
Fri Nov 10, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 213
Views: 20790

Re: Why NOT make more money?

I don't understand the line of reasoning that you are giving up a year of your life if you continue working. Do all of you work in sweatshops that forbid time off on the weekends, prevent long vacations once or twice a year, and ignore holidays like Thanksgiving and Christmas? It's okay to travel ov...
by AZAttorney11
Sun Oct 29, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Request for Promotion letter to Senior Management
Replies: 155
Views: 13676

Re: Request for Promotion letter to Senior Management

They’re just not that into you. It’s as simple as that.
by AZAttorney11
Wed Oct 25, 2017 11:00 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261536

Re: U.S. stocks in freefall

So, a guy walks into a casino and starts gambling on slots, craps, etc. -- the games that do not involve knowledge or skill, just luck. Over the short run, he has an expectation of a positive return, and he might turn out to be right. No. A gambler playing slots (other than perfect strategy on vide...
by AZAttorney11
Wed Oct 25, 2017 8:21 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261536

Re: U.S. stocks in freefall

Anyone who doesn't see the similarity between investing in stocks and gambling should re-acquaint themselves with the meaning of "risk". Expected return is not actual return. Everyone who walks into a casino has a positive expected return and a strategy to realize that return. Everyone who invests ...
by AZAttorney11
Mon Oct 23, 2017 7:14 pm
Forum: Investing - Theory, News & General
Topic: Building very high net worth
Replies: 81
Views: 9015

Re: Building very high net worth

OP, pull some large Chapter 7 or 11 bankruptcy petitions in your jurisdiction. If we’re going to focus on the ultra successful, we need to look at the trail of carnage on the path towards riches to get a fair and balanced view.
by AZAttorney11
Sun Sep 24, 2017 11:30 am
Forum: Personal Consumer Issues
Topic: What is your favorite reasonably priced bourbon?
Replies: 95
Views: 6884

Re: What is your favorite reasonably priced bourbon?

Buffalo Trace is a damn fine bourbon and distillery. Four Roses single barrel is a delight. Regular Four Roses is awful.
by AZAttorney11
Wed Sep 20, 2017 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 26308

Re: I won the Lottery. Need sound advice.

2 chicks at the same time , you name it :). After all, I won the lottery. It's unreal. I want to enjoy it. I don't need an elaborate lifestyle, just enough to go out to eat when I want, take a small vacation here and there, and relax. And drink. That might cost you more than just half of your lotte...
by AZAttorney11
Mon Sep 18, 2017 9:01 am
Forum: Personal Consumer Issues
Topic: Lawyer overbilling for prenup review
Replies: 66
Views: 5970

Re: Lawyer overbilling for prenup review

Terrible client management and unrealistic expectations by the client. I don't think I've ever done anything of substance in an hour or less.
by AZAttorney11
Thu Sep 14, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 20784

Re: Is it really Worth it to brown bag your lunch at work?

Modified Corn Starch, Sugar, Salt, Tripotassium Phosphate, Wheat Starch. Then the milk, which it is pointless getting into a debate about. Health is my world, specifically obesity; it is really hard to induce change when people have been led to believe that cereal is a healthy start to the day, tha...
by AZAttorney11
Tue Sep 12, 2017 4:59 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 20784

Re: Is it really Worth it to brown bag your lunch at work?

Careful. Depending on your occupation and company, effectively using the lunch hour to network internally or externally can lead to substantially higher income down the road. There are costs to brown bagging your lunch on a daily basis (in terms of career opportunities). Some of the most successful...
by AZAttorney11
Tue Sep 12, 2017 1:59 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 20784

Re: Is it really Worth it to brown bag your lunch at work?

My wife and I pretty much bring lunch from home to eat at the office every day. We've been doing this all of our respective 22 year careers to date. I've noticed in my office, some people do the same as me. And others go to our cafeteria or get take out every, and I mean EVERY, day. So I was curiou...
by AZAttorney11
Sat Aug 19, 2017 3:28 pm
Forum: Personal Consumer Issues
Topic: DUI lawyer - need advice
Replies: 85
Views: 8211

Re: DUI lawyer - need advice

I sure hope this didn't happen in Arizona. The DUI laws are particularly harsh (for better or worse). The consequences, even for a first time offender with no prior record, are nasty.
by AZAttorney11
Fri Aug 18, 2017 7:25 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 263
Views: 37679

Re: What is Bitcoin?

I won't buy Bitcoin for the same reason I won't buy gold -- it does not produce anything of value (i.e., cash flows, dividends, interests in an underlying business, etc.). Digital currencies might not be going away, but I won't be buying Bitcoin. In addition to not understanding it, Bitcoin does no...
by AZAttorney11
Fri Aug 18, 2017 6:50 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 263
Views: 37679

Re: What is Bitcoin?

I won't buy Bitcoin for the same reason I won't buy gold -- it does not produce anything of value (i.e., cash flows, dividends, interests in an underlying business, etc.). Digital currencies might not be going away, but I won't be buying Bitcoin. In addition to not understanding it, Bitcoin does not...
by AZAttorney11
Fri Aug 18, 2017 5:25 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 13835

Re: Is it worth it? [demanding jobs vs time with family]

No amount of money is worth letting others raise your children One does not have to be a stay at home parent to "raise their children." Being a stay at home parent is a fine choice, but to imply that a parent who decides to (or has to) work is not raising his or her child is ignorant, offensive, an...
by AZAttorney11
Thu Aug 17, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: New job, life changes
Replies: 26
Views: 2544

Re: New job, life changes

Build your cash reserves for a while and work your ass off at your new employer. The honeymoon period will be over before you know it. If you think $73k a year is a lot of money, watch what happens if you grind and consistently perform at a high level. Do you have a college degree? What about gradua...
by AZAttorney11
Tue Aug 15, 2017 7:09 pm
Forum: Personal Consumer Issues
Topic: What kind of hotel do you get on business travel?
Replies: 44
Views: 3974

Re: What kind of hotel do you get on business travel?

I'm fortunate, it's usually a very nice Hyatt, Starwood, or Marriott property. We get discounted rates through our travel agency and the typical hotel stay costs between $200 and $350 per night (billed to the client, of course).
by AZAttorney11
Wed Aug 09, 2017 7:48 pm
Forum: Personal Consumer Issues
Topic: Delta priority boarding - first timer
Replies: 80
Views: 7134

Re: Delta priority boarding - first timer

I don't remember the last time I checked a bag. I've done five day, four night international travel with only a carry-on (and a couple packets of Tide for the sink in case of an emergency). Why would anyone check a bag for a short trip is beyond me. I suppose if you have children, are carrying gifts...
by AZAttorney11
Mon Aug 07, 2017 2:29 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 22682

Re: Buying house - Very important decision

This thread reminds of me of something someone said about the definition of insanity.
by AZAttorney11
Sun Aug 06, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: How do I find a competent Estate Attorney?
Replies: 8
Views: 1119

Re: How do I find a competent Estate Attorney?

Why don't you ask some of the competent attorneys you work with for a referral or two?
by AZAttorney11
Mon Jul 31, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 7823

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

The Priority Pass Lounges are horrific compared to a "real" lounge offered by American Express or any of the major airlines. A lounge that accepts Priority Pass is certainly better than nothing, but I've been very underwhelmed when visiting them in PHX, JFK, HNL, etc. I value that at maybe $10 a pe...
by AZAttorney11
Mon Jul 31, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 7823

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

One of the nice things about the CSR is that you get a 1:1 point transfer to major partners, like Southwest. Travel and dining are 3% cash back, or 3 Rapid Rewards Points. SW RR points are worth between 1.5 and 1.7 cents each based on my experience, so that's effectively 4.5 to 5.1 cents to use on S...
by AZAttorney11
Mon Jul 31, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 7823

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

The Priority Pass Lounges are horrific compared to a "real" lounge offered by American Express or any of the major airlines. A lounge that accepts Priority Pass is certainly better than nothing, but I've been very underwhelmed when visiting them in PHX, JFK, HNL, etc. I value that at maybe $10 a per...
by AZAttorney11
Mon Jul 31, 2017 11:05 am
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 7823

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

Their customer service truly is excellent. I'm not sure if it is American Express excellent, but it's damn close and might exceed AmEx one day. Has Amex gotten better? I had a business card with them and they were terrible so after many years I dropped them. I would love it if they have gone back t...
by AZAttorney11
Mon Jul 31, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 7823

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

I'm disappointed with the cost of airfare when booking through the travel rewards site (which required to get the "4.5%" value). I fly 15 round trips a year (14 domestic and 1 international). The last 10 trips I searched either did not have the flights I wanted on their site, or they were more expe...
by AZAttorney11
Mon Jul 31, 2017 10:56 am
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 7823

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

Their customer service truly is excellent. I'm not sure if it is American Express excellent, but it's damn close and might exceed AmEx one day. Has Amex gotten better? I had a business card with them and they were terrible so after many years I dropped them. I would love it if they have gone back t...