Search found 3107 matches

by simplesimon
Tue Aug 21, 2018 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Where to buy engagement ring?
Replies: 34
Views: 1662

Re: Where to buy engagement ring?

Check out Pricescope.com, which is an online forum like Bogleheads for diamond enthusiasts.

I got my wife's ring from Whiteflash and had a great experience.
by simplesimon
Thu Jul 26, 2018 4:20 pm
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 10777

Re: Facebook stock in freefall! (20% drop in 1-day)

Whew, I'm glad I didn't accept that job offer to work at FB and even gladder I didn't buy the stock 5 years ago -- No one, ever This. It has still increased 460% in a little over 6 years. this is where I break from some of the BH community. i invest in index funds because it just happens to be a gr...
by simplesimon
Thu Jul 26, 2018 1:36 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9302

Re: Toughest Purchase of my Life. Engagement Ring time

I'd be more than happy to get married in Vegas and plan an after-wedding party in a Hall or our House. I really feel like the Engagement ring and a Wedding are for other people. Yes, but is your prospective fiance one of those other people? If not, why consider a ring at all? I doubt it... She prob...
by simplesimon
Thu Jul 26, 2018 1:29 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9302

Re: Toughest Purchase of my Life. Engagement Ring time

Two Words: Cubic Zirconia And one more: Elope I'd be more than happy to get married in Vegas and plan an after-wedding party in a Hall or our House. I really feel like the Engagement ring and a Wedding are for other people. Yes, but is your prospective fiance one of those other people? If not, why ...
by simplesimon
Thu Jul 26, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9302

Re: Toughest Purchase of my Life. Engagement Ring time

Other people will ask about your income, net worth, current outstanding debt, etc. Assuming you can afford it and it's what she really wants, just pull the trigger. I felt the same way before I got engaged but got it because it's what she wanted. I'm sure there are a few very expensive things of min...
by simplesimon
Thu Jul 26, 2018 7:10 am
Forum: Investing - Theory, News & General
Topic: WSJ--Vanguard Sent Erroneous Text Messages to Some 401(k) Customers Messages said loans had been processed
Replies: 12
Views: 1166

Re: WSJ--Vanguard Sent Erroneous Text Messages to Some 401(k) Customers Messages said loans had been processed

As an early accumulator with automated transactions I have very little need for Vanguard's customer service. I hope that they fix these issues by the time I do need them...

What would it cost up front to make their customer service above average? Over or under $1 billion?
by simplesimon
Thu Jul 19, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 8891

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

I wonder how many people faced this predicament with GE stock 2-3 years ago and what they ended up doing...
by simplesimon
Thu Jul 19, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: Why Take Risk on Equity Side?
Replies: 78
Views: 5532

Re: Why Take Risk on Equity Side?

Would you categorize your high-yield bond allocation under equity or bonds when looking at total stock and bond mix? If you limit me to those two categories, I would split it 50-50. But more generally, I would simply place it in the "risky" category along with my stocks. While you can make this dis...
by simplesimon
Thu Jul 19, 2018 7:58 am
Forum: Investing - Theory, News & General
Topic: Why Take Risk on Equity Side?
Replies: 78
Views: 5532

Re: Why Take Risk on Equity Side?

Would you categorize your high-yield bond allocation under equity or bonds when looking at total stock and bond mix?
by simplesimon
Thu Jul 19, 2018 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 142
Views: 17090

Re: Salary vs. Lifestyle

Everybody I know that has had higher salary has figured out a way to enjoy life while earning a higher salary. I think much of the pain now stuff is just talk to make the wealthy feel more normal and not get hassled by the less well off. Excellent points. Victoria I don't understand the points. Can...
by simplesimon
Wed Jul 18, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: suit shoe combo?
Replies: 49
Views: 3212

Re: suit shoe combo?

Couple won't care, and I won't care if they did care. They won't care becuase this engagement party is going to be just like a reception so there will be alot of indian women wearing all different colors (google Indian Saris), no one is going to notice the shoes until they are talking to me. I don'...
by simplesimon
Fri Jul 13, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: How much does your accountant cost?
Replies: 21
Views: 2158

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: 1287

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: 359
Views: 15196

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: 1028

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: 6509

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: 6509

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: 6509

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: 115
Views: 8308

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: 115
Views: 8308

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: 115
Views: 8308

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: 115
Views: 8308

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: 115
Views: 8308

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: 115
Views: 8308

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: 115
Views: 8308

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: 1907

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: 224
Views: 20208

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: 559

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: 559

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: 559

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: 11217

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: 46
Views: 4377

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: 685

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: 685

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: 1116

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: 3042

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: 3205

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: 1588

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: 10740

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: 877

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: 1526

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: 4104

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: 1815

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: 2072

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: 2374

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 1.80%]
Replies: 214
Views: 34126

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 1.80%]
Replies: 214
Views: 34126

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 1.80%]
Replies: 214
Views: 34126

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...