Search found 3095 matches

by simplesimon
Fri Jul 13, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: How much does your accountant cost?
Replies: 21
Views: 1989

Re: How much does your accountant cost?

I always did my own taxes via TaxAct until I got married. My wife had used the same CPA to do her taxes for the last seven to eight years after she became a 1099 worker. Since we've been married we use her CPA who charges about $250-300. I don't know how much time he actually spends doing them. I am...
by simplesimon
Fri Jul 13, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bond Yielding 9%
Replies: 9
Views: 1161

Re: Treasury Bond Yielding 9%

Home mortgages back then were also priced in the double digits.
by simplesimon
Thu Jul 12, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 340
Views: 9637

Re: COMING SOON: BOGLEHEADS PODCASTS

Costs Matter: Investing the Bogleheads Way The Bogleheads Investment Podcast
by simplesimon
Wed Jul 11, 2018 7:27 am
Forum: Investing - Theory, News & General
Topic: VMMXX and inflation/interest rates
Replies: 7
Views: 900

Re: VMMXX and inflation/interest rates

Does a money market account like the vanguard prime VMMXX do a good job of keeping up with inflation? I know right now it's at about 2 percent, which is in the ball park, but if inflation spiked would this fund keep pace? No, it will usually lag changes in inflation. Refer to a period as recently a...
by simplesimon
Mon Jul 09, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Older Women Lifting Weights
Replies: 87
Views: 6145

Re: Older Women Lifting Weights

I agree that most fitness magazines are garbage and there's plenty of junk out there, but there are some great online resources for learning proper form for the major lifts. Stronglifts is a nice online alternative that adopts a very similar approach to starting strength and has detailed guides to ...
by simplesimon
Mon Jul 09, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: Older Women Lifting Weights
Replies: 87
Views: 6145

Re: Older Women Lifting Weights

Note also the growing popularity of the Starting Strength model, which is different from old fashioned 'weightlifting' in that it emphasizes basic human movements (much like your stretch and dance routine) rather than beach body muscles that weightlifters or bodybuilders follow. Starting strength i...
by simplesimon
Sun Jul 08, 2018 7:23 pm
Forum: Personal Consumer Issues
Topic: Older Women Lifting Weights
Replies: 87
Views: 6145

Re: Older Women Lifting Weights

My wife is in her 30's, but asked me to train her using Starting Strength as that was what I followed. She says the training has made everyday tasks so much easier, which is a benefit I don't think I totally appreciated. Going from a 0lb (bodyweight) squat to a 100lb squat has such a huge quality of...
by simplesimon
Wed Jul 04, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5665

Re: Any Boglehead powerlifters?

In true Starting Strength fashion, I think the "three-lift portfolio" is the overhead press, squat, and deadlift. Bill Starr's TSSS targets coaches who need to train a whole team of football players most effectively with limited resources. In it, he recommends omitting the deadlift because of how d...
by simplesimon
Wed Jul 04, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5665

Re: Any Boglehead powerlifters?

In true Starting Strength fashion, I think the "three-lift portfolio" is the overhead press, squat, and deadlift. Bill Starr's TSSS targets coaches who need to train a whole team of football players most effectively with limited resources. In it, he recommends omitting the deadlift because of how d...
by simplesimon
Wed Jul 04, 2018 7:14 am
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5665

Re: Any Boglehead powerlifters?

In true Starting Strength fashion, I think the "three-lift portfolio" is the overhead press, squat, and deadlift. Bill Starr's TSSS targets coaches who need to train a whole team of football players most effectively with limited resources. In it, he recommends omitting the deadlift because of how di...
by simplesimon
Tue Jul 03, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5665

Re: Any Boglehead powerlifters?

I don't call myself a powerlifter as I don't train singles, but I follow Mark Rippetoe/Starting Strength pretty closely. I train for about 60-90 minutes a day during lunch on weekdays in a city gym (I work at a desk) and do 5x5 with ascending weight, one major lift per day. 33 year old, 6'3" 260lb,...
by simplesimon
Tue Jul 03, 2018 12:36 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5665

Re: Any Boglehead powerlifters?

I don't call myself a powerlifter as I don't train singles, but I follow Mark Rippetoe/Starting Strength pretty closely . The Three-Fund Portfolio of lifting. :P Whenever I joined the BH forum I was struck by the parallels in philosophy and the sometimes militant adherence/advocacy between the 3-fu...
by simplesimon
Tue Jul 03, 2018 7:09 am
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5665

Re: Any Boglehead powerlifters?

It's about time to switch to a new program and am looking for one with a bodybuilding bent...any recommendations? (have tried 5x5 in the past and didn't have great results) How much time do you have to train? Four-day split with the main slow lifts as a base and adding on accessory work for hypertr...
by simplesimon
Mon Jul 02, 2018 4:25 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5665

Re: Any Boglehead powerlifters?

I don't call myself a powerlifter as I don't train singles, but I follow Mark Rippetoe/Starting Strength pretty closely. I train for about 60-90 minutes a day during lunch on weekdays in a city gym (I work at a desk) and do 5x5 with ascending weight, one major lift per day. 33 year old, 6'3" 260lb, ...
by simplesimon
Mon Jul 02, 2018 2:30 pm
Forum: Investing - Theory, News & General
Topic: Dividends are not coupons(interest)
Replies: 32
Views: 1808

Re: Dividends are not coupons(interest)

invstar wrote:
Mon Jul 02, 2018 2:22 pm
Why do they call bond fund monthly/quarterly payments as dividends? Are they not coupons/interest payments?
I don't know the exact answer, but I imagine it's because it is a fund (a basket of assets, or bonds) rather than a bond between the investor and the borrower.
by simplesimon
Mon Jul 02, 2018 1:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 120
Views: 8929

Re: 1800 Commission-Free ETFs

Nice bit of news, although I have purposely avoided converting my Vanguard admiral class funds to ETFs because I think I will trade more if I was in ETFs. Forced discipline so to speak. Am I leaving any free money on the table as a result?
by simplesimon
Sun Jul 01, 2018 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: What discount rate should be used when determining the optimum social security claiming strategy?
Replies: 11
Views: 508

Re: What discount rate should be used when determining the optimum social security claiming strategy?

Zero people will tell you a fixed income portfolio will provide a 5% real return. So lucky for you, this is a no-brainer!
by simplesimon
Sun Jul 01, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: What discount rate should be used when determining the optimum social security claiming strategy?
Replies: 11
Views: 508

Re: What discount rate should be used when determining the optimum social security claiming strategy?

I think most people here shoot for 3-5% real return...and thats over a very long period of time with volatility. Your social security benefit is guaranteed to increase 8% per year delayed up to age 70. I think it's highly unlikely you'll find a better deal than waiting assuming you don't need the m...
by simplesimon
Sun Jul 01, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: What discount rate should be used when determining the optimum social security claiming strategy?
Replies: 11
Views: 508

Re: What discount rate should be used when determining the optimum social security claiming strategy?

I think most people here shoot for 3-5% real return...and thats over a very long period of time with volatility. Your social security benefit is guaranteed to increase 8% per year delayed up to age 70. I think it's highly unlikely you'll find a better deal than waiting assuming you don't need the mo...
by simplesimon
Fri Jun 29, 2018 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 10701

Re: Feel like I'm sinking money into international

https://blogs.wsj.com/moneybeat/2018/06/29/congrats-investors-youre-behaving-less-badly-than-usual/ Jason Zweig's recent article about investor behavior. On average, trying to do better makes you do worse: It feels great to buy more when an investment has been going up, and it hurts to buy more when...
by simplesimon
Thu Jun 28, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: MBA Options
Replies: 44
Views: 3966

Re: MBA Options

OP, I was in a similar situation as you nine years ago. I have a bio degree (pre-med), got an average score on the MCAT, joined a pharma company and worked there for four years before pursuing my MBA. If you want to get a significant bump in pay in a good business role, you need to go to the best sc...
by simplesimon
Mon Jun 25, 2018 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: All Treasury Portfolio
Replies: 7
Views: 650

Re: All Treasury Portfolio

You might look into the so called "Larry Portfolio" which I believe was originally something like 30/70 with the bond allocation mostly in Treasuries. That would give you a lot of insulation from market volatility and a steady stream of income, but also enough market gains over the long term to kee...
by simplesimon
Mon Jun 25, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: All Treasury Portfolio
Replies: 7
Views: 650

Re: All Treasury Portfolio

I am turning 50 this year and have about 15 years until retirement (I hope). So what would be the drawbacks of an all-Treasury portfolio? If the purpose of investments is to protect your money against various economic cycles , couldn't I replicate that with a Treasury portfolio? I-Bonds and TIPS fo...
by simplesimon
Mon Jun 18, 2018 12:27 pm
Forum: Personal Consumer Issues
Topic: successful chase sapphire paid auto claim with rental abroad
Replies: 12
Views: 1081

Re: successful chase sapphire paid auto claim with rental abroad

Another data point here but for a different travel insurance reimbursement scenario: Needed to cancel and change some flights due to spouse becoming ill. It took some legwork gathering all the necessary information (doctor's note, airline cancellation policy and dates of travel and flight numbers) b...
by simplesimon
Fri Jun 15, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Job in MA, live in MA, RI, or CT?
Replies: 67
Views: 2911

Re: Job in MA, live in MA, RI, or CT?

I have heard you get the most value for your tax dollars by living in MA.
by simplesimon
Tue Jun 12, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: Imagine a 10 year, 0%, noncallable loan
Replies: 49
Views: 3105

Re: Imagine a 10 year, 0%, noncallable loan

The answer depends on the individual's cost of capital. It doesn't matter that the interest rate is 0%, 1%, or 5%, it would all factor in. Everyone would be willing to pay more up front for a 0% loan vs a 5% loan. As for calculating how much it is up front, calculate it like you're valuing a $100 ze...
by simplesimon
Mon Jun 11, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Balancing the Burden and the Benefit of Wealth
Replies: 11
Views: 1548

Re: Balancing the Burden and the Benefit of Wealth

TomatoTomahto wrote:
Mon Jun 11, 2018 1:42 pm
Effective Altruism.
I only learned about this the other week when The Economist mentioned 80,000 Hours. Very interesting stuff as I had not heard or read anything like that with regards to charity. It made me think harder about what impact I could make.
by simplesimon
Fri Jun 08, 2018 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10536

Re: Why do we work?

Need health insurance.
by simplesimon
Mon Jun 04, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on changing job to lower title for the experience?
Replies: 22
Views: 804

Re: Thoughts on changing job to lower title for the experience?

Since your present job is at a bank, and the job you are considering is also at a bank, is it possible for you to get the kind of experience you want at your present employer? If so, you might get to keep the title and get the experience. In my experience (not banking) my employer valued employees ...
by simplesimon
Fri May 25, 2018 12:46 pm
Forum: Personal Consumer Issues
Topic: Earphones for iPhone?
Replies: 20
Views: 1404

Re: Earphones for iPhone?

I was recently deciding between the Airpods and the QC35II's. If price is no object, then I'd recommend the Bose headphones as it will drown out the commute noise (I take the subway).
by simplesimon
Fri May 25, 2018 7:11 am
Forum: Personal Consumer Issues
Topic: When did this start?? [Restaurant tipping on total bill]
Replies: 58
Views: 4004

Re: When did this start??

I haven't paid that close attention - typically tip 20% of the pre-tax bill. I agree with the above poster that tipping is one of my ways of redistributing wealth. Not to hijack the thread, but on a related note I experienced tip fraud for the first time last week. I left an $8 cash tip on a $35 tab...
by simplesimon
Mon May 21, 2018 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Almost half of US families can't afford basics like rent and food
Replies: 19
Views: 1767

Re: Almost half of US families can't afford basics like rent and food

I'll only try to answer one of your questions - about young people - and that is to be mobile. Move to where the job opportunities are. For the rest, you're asking for government intervention and a political discussion.
by simplesimon
Thu May 17, 2018 7:17 am
Forum: Investing - Help with Personal Investments
Topic: Anyone in high bracket switching to muni. Money market?
Replies: 17
Views: 1960

Re: Anyone in high bracket switching to muni. Money market?

It seems like even if you're in the 24% bracket, the after-tax yield is higher than what Prime MM is paying. Is anybody else seeing that? Looks like this is no longer true as VSMXX's SEC yield has come back down a bit (was about 1.48% at the time of the quote, now it's at 1.35%). I haven't paid too...
by simplesimon
Thu May 10, 2018 7:34 am
Forum: Personal Consumer Issues
Topic: Custom suit needed for a wedding. Help me shop around!!
Replies: 30
Views: 2272

Re: Custom suit needed for a wedding. Help me shop around!!

What is your timeline and where do you live? If you have at least six months to go I'd recommend MyTailor.com. You'll spend about $1-1.2k on high quality suit and another $100 on a shirt. They won't give you any buy one get one 50% off deal but they'll work with you if you're reasonable. Like other ...
by simplesimon
Wed Apr 18, 2018 5:09 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.75%]
Replies: 210
Views: 32099

Re: Ally online savings now at 1.45%

I guess they are going to lag for a while. Vanguard Muni Money Market SEC yield is 1.48%. It's an easy decision to go for tax free yield over the same taxable yield. Is this a free lunch compared to VMMXX even for those in the 22% federal tax bracket? 1.48%/0.78 = 1.89% vs VMMXX's current 1.78% yie...
by simplesimon
Tue Apr 17, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.75%]
Replies: 210
Views: 32099

Re: Ally online savings now at 1.45%

I guess they are going to lag for a while. Vanguard Muni Money Market SEC yield is 1.48%. It's an easy decision to go for tax free yield over the same taxable yield. Is this a free lunch compared to VMMXX even for those in the 22% federal tax bracket? 1.48%/0.78 = 1.89% vs VMMXX's current 1.78% yie...
by simplesimon
Tue Apr 17, 2018 7:19 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.75%]
Replies: 210
Views: 32099

Re: Ally online savings now at 1.45%

I guess they are going to lag for a while. Vanguard Muni Money Market SEC yield is 1.48%. It's an easy decision to go for tax free yield over the same taxable yield. Is this a free lunch compared to VMMXX even for those in the 22% federal tax bracket? 1.48%/0.78 = 1.89% vs VMMXX's current 1.78% yie...
by simplesimon
Fri Apr 13, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Anyone in high bracket switching to muni. Money market?
Replies: 17
Views: 1960

Re: Anyone in high bracket switching to muni. Money market?

It seems like even if you're in the 24% bracket, the after-tax yield is higher than what Prime MM is paying. Is anybody else seeing that?
by simplesimon
Tue Apr 10, 2018 7:12 am
Forum: Investing - Theory, News & General
Topic: Introduction to Treasury Inflation Protected Securities (TIPS)
Replies: 53
Views: 5339

Re: Introduction to Treasury Inflation Protected Securities (TIPS)

Zvi Bodie who championed inflation-adjusted securities for many years has been pretty quiet the last few years. Was that just the proverbial 15 minutes of fame? He was my investments professor and I keep in touch with him occasionally. Last I corresponded with him he said he was engaged in research...
by simplesimon
Wed Apr 04, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: VHCOL Home Buying Advice (Bay Area, where else?)
Replies: 65
Views: 5492

Re: VHCOL Home Buying Advice (Bay Area, where else?)

A lot of this is subjective. Obviously the absolute max is going to require spending all your take-home pay less non-rent/mortgage fixed expenses on PITI. Just doing some back of the napkin math here...assuming 60% of $330k is take-home...$198k less other expenses of I dunno...$12k? Leaves you with ...
by simplesimon
Wed Apr 04, 2018 7:32 am
Forum: Investing - Help with Personal Investments
Topic: SPOT [Investing in Spotify]
Replies: 45
Views: 2794

Re: SPOT

TwstdSista wrote:
Wed Apr 04, 2018 6:52 am
Internet darling? Doesn't everyone use Pandora?
No.
by simplesimon
Thu Mar 29, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 9827

Re: What is the endgame for Millennials?

What did the greatest generation say about the baby boomers in the 1970's and 1980's?
by simplesimon
Fri Mar 23, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: Rising MMkt rate
Replies: 16
Views: 2475

Re: Rising MMkt rate

VG Prime MM 7 day yield 1.63%. Why would you want the hassle of a bank? FDIC insurance, I guess. As you probably know, VMMXX was recently paying the market rate of ~0% while Ally, Alliant CU, et al were paying 1%. No I didn't know and would not have cared if I did know. I have little reason to keep...
by simplesimon
Fri Mar 23, 2018 6:53 am
Forum: Investing - Theory, News & General
Topic: Rising MMkt rate
Replies: 16
Views: 2475

Re: Rising MMkt rate

Doc wrote:
Fri Mar 23, 2018 6:13 am
VG Prime MM 7 day yield 1.63%.

Why would you want the hassle of a bank?
FDIC insurance, I guess.

As you probably know, VMMXX was recently paying the market rate of ~0% while Ally, Alliant CU, et al were paying 1%.
by simplesimon
Wed Mar 07, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018 [and changed to $6900 again]
Replies: 128
Views: 14276

Re: HSA family max contribution lowered to $6850 for 2018

I just received an email from my work's HSA custodian about this change. I'm going to wait a week to see if HR sends an email update before prodding them.
by simplesimon
Sun Mar 04, 2018 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Do you rent even if you can afford to buy?
Replies: 82
Views: 10150

Re: Do you rent even if you can afford to buy?

This last nor'easter made me glad I'm a renter...just a little bit.
by simplesimon
Wed Feb 28, 2018 6:05 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford to stay in HCOL area?
Replies: 72
Views: 6086

Re: Can we afford to stay in HCOL area?

I will check out the some San Jose areas. I pretty much wrote off the entire San Jose because of some pretty scary stories but maybe they're old stories. I'd be curious to hear what stories you heard. I grew up in San Jose in the 90's. Things have definitely changed whenever I go back to visit fami...
by simplesimon
Tue Feb 27, 2018 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to stay in HCOL area?
Replies: 72
Views: 6086

Re: Can we afford to stay in HCOL area?

The Bay Area is huge...you'll have to be more specific. I know people who afford to stay on a fraction of what you make but they're not taking multiple international vacations with a family.
by simplesimon
Tue Feb 27, 2018 2:02 pm
Forum: Personal Consumer Issues
Topic: Value of an Elite MBA
Replies: 58
Views: 5961

Re: Value of an Elite MBA

I did a full-time 2-year program at a good school (not top school) and it was life changing. For you the financial ROI might not be there, but I believe it would change your life too. As you can see from the replies, nobody's regretted their decision. The problem is most MBAs don't go to other estab...