Search found 3019 matches

by alec
Thu Dec 05, 2019 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on how to go about quitting job?
Replies: 28
Views: 2573

Re: Thoughts on how to go about quitting job?

I had an employee who came to work for me after his gov agency downsized most of their new hires. 8 months later said gov agency realized their error and wanted him back. He told me honestly and gave his two weeks notice. I wasn’t upset at all.
by alec
Wed Dec 04, 2019 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that allow total solitude and are night jobs
Replies: 60
Views: 4100

Re: Jobs that allow total solitude and are night jobs

Night shift for intelligence agencies. Someone as to monitor things after 6pm.
by alec
Sun Dec 01, 2019 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: How not to feel poor...
Replies: 55
Views: 7892

Re: How not to feel poor...

If you’re anxious about traveling, start out by taking small, cheap, trips. Once you get exposed to visiting new places, you may be more open to it. So, I wouldn’t have the first trip be Europe.

Also, therapy is cheaper than divorce. :D
by alec
Sun Dec 01, 2019 10:42 pm
Forum: Personal Investments
Topic: Evaluating privately held shares
Replies: 17
Views: 815

Re: Evaluating privately held shares

I think I’d take a step back and think about whether, instead of owning the stock, you just inherited cash. Would you take all that cash and go buy however much worth of stock of this private bank?

If no, then I’d sell all the stock in the private bank and invest the cash according to your IPS.
by alec
Wed Nov 27, 2019 5:35 pm
Forum: Personal Consumer Issues
Topic: Is a minivan worth it?
Replies: 71
Views: 4563

Re: Is a minivan worth it?

Minivans are great for your situation. We got a used Odessy when our kids were young.
by alec
Fri Nov 08, 2019 8:23 am
Forum: Investing - Theory, News & General
Topic: Cliff Asness: It’s Time For A Venial Value-Timing Sin
Replies: 19
Views: 1980

Re: Cliff Asness: It’s Time For A Venial Value-Timing Sin

columbia wrote:
Fri Nov 08, 2019 7:35 am
PE per Vanguard:

Ex-US: 14.4
Vanguard Value: 16.3

S&P 500: 20.5

I have no knowledge as to whether those lower prices will lead to outperforming VOO, of course.
Aren’t value stocks almost always supposed to have lower PEs and PBs?
by alec
Tue Oct 29, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?
Replies: 52
Views: 4745

Re: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?

I guess it depends on what you mean by wholesome lunch. One coworker just goes to Safeway once a week and buys the pre made salads, soups, or sandwiches. I think it’s like $5-6 per. Personally, I do either: 1. Leftovers from dinner night before, or 2. Ham/Turkey sandwich and fruit that I spend all o...
by alec
Thu Oct 24, 2019 6:45 pm
Forum: Personal Investments
Topic: Helpful considerations for mom with nest egg investment
Replies: 12
Views: 894

Re: Helpful considerations for mom with nest egg investment

She feels that EJ has funds that you can't get on the open market and you must be a part of the institution to access them. That’s probably what the EJ sales people are telling her. That’s code for high fee rather complicated things that you readily get out of. For example, annuities, non traded RE...
by alec
Sun Oct 20, 2019 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Can you claim financial independence with kids still in school
Replies: 80
Views: 6151

Re: Can you claim financial independence with kids still in school

Hi . I would like to know how others feel about this . We are doing fairly well in terms of meeting our financial goals . We have kids still in school (middle and high). Whenever , I feel that may be we can ease up a little bit and cut down on the work , my DW reminds me that our kids are a long wa...
by alec
Mon Oct 07, 2019 12:46 pm
Forum: Personal Consumer Issues
Topic: Keeping fleas out of the house
Replies: 21
Views: 1460

Re: Keeping fleas out of the house

We use Precor Plus 2000 spray on our carpets and floors when one of our cats got fleas. Was very easy and fast.
by alec
Wed Oct 02, 2019 8:14 pm
Forum: Personal Consumer Issues
Topic: Advice for hiring a cleaner/cleaning company
Replies: 10
Views: 1158

Re: Advice for hiring a cleaner/cleaning company

We asked friends in the area for recommendations.
by alec
Thu Sep 26, 2019 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Half of Retirees Afraid to Use Savings
Replies: 111
Views: 12875

Re: Half of Retirees Afraid to Use Savings

livesoft wrote:
Thu Sep 26, 2019 10:38 am
From the article about the study
Many of the study’s findings seem like common sense.
:D :D :D :D
by alec
Sun Sep 22, 2019 3:27 pm
Forum: Personal Consumer Issues
Topic: First car for child
Replies: 129
Views: 8270

Re: First car for child

Our 17 yo got my wife’s Honda Pilot (she got a newer car), and we told him that if he crashes that car, he’d be riding his bike. Also, he’s paying for the increase in the car insurance.
by alec
Sun Sep 01, 2019 1:23 pm
Forum: Personal Consumer Issues
Topic: How to help niece improve her driving
Replies: 94
Views: 6276

Re: How to help niece improve her driving

Went out driving with my 25 year old niece the other day. She drove and I felt my life pass in front of me. She admits to probably needing some type of defensive driving course or professional refreshing on her driving technique, although she has been driving for 7 years with one minor accident. I ...
by alec
Thu Aug 01, 2019 9:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard promoting their Actively managed funds
Replies: 54
Views: 4632

Re: Vanguard promoting their Actively managed funds

Seriously, does anyone here really think the Vanguard active management funds are new, and represent a new focus for Vanguard? If so, talk about oblivious investors.... :shock: Of course Vanguard will promote their active funds, there is some serious dollars in them thar funds! Broken Man 1999 Your...
by alec
Wed Jul 24, 2019 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Feel like we are spinning our wheels (financially speaking). How far behind are we?!
Replies: 63
Views: 6945

Re: Feel like we are spinning our wheels (financially speaking). How far behind are we?!

anyway, i am curious as to how far "behind" we are from a financially healthy standpoint. For some perspective, when my wife an I were your ages, we had two small kids, a starter home, and only 50k saved everywhere. You’re doing fantastic. I’m always amazed at how people that haven’t owned homes ar...
by alec
Wed Jul 17, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: How unpleasant is the home buying/selling experience??
Replies: 40
Views: 3934

Re: How unpleasant is the home buying/selling experience??

Definitely option 2. I’d rent for a few years until ready to buy the bigger house. You can usually rent the smaller house (like townhouse) you’d buy in option 1 until you’re ready to buy the bigger house.
by alec
Sat Jul 13, 2019 2:58 pm
Forum: Personal Consumer Issues
Topic: Safe DIY Spider Control
Replies: 16
Views: 919

Re: Safe DIY Spider Control

Our cats kill them for us. :twisted:
by alec
Tue Jul 09, 2019 8:03 pm
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 10747

Re: Who cuts your hair? And for how much?

Sitting in the barber's chair, a young barber (by almost 35 years) is cutting my hair. I enjoy the conversation and there is much to learn by listening and engaging in thoughtful conversation . More importantly I realize the difficulty each of us grapples with. I gave what I though was a generous t...
by alec
Thu Jul 04, 2019 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 22751

Re: Do you share your net worth with family members?

Whenever my family asks, I tell them how much I make. No skin off my nose. If they have a problem with it, it’s their problem, not mine.
by alec
Wed Jul 03, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Adult son has not controlled credit card overuse!
Replies: 106
Views: 6877

Re: Adult son has not controlled credit card overuse!

Just a thought with the in laws. An older couple down the street from me had a similar issue with their daughter. They had a sit down with the sons parents, and hammered out a plan. Then, both sets of parents sat down with the kids to have a united front.

Everyone was local, so it make it easier.
by alec
Sat Jun 29, 2019 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Receiving Gift From Parents (Noncitizens)
Replies: 1
Views: 325

Re: Receiving Gift From Parents (Noncitizens)

IRS Reference here:

https://www.irs.gov/businesses/gifts-fr ... ign-person

If the two sets of parents aren’t related, looks to me like the amounts don’t meet the reporting requirement
by alec
Fri May 24, 2019 9:12 am
Forum: Personal Investments
Topic: Looking to buy ETFs for the 1st time
Replies: 23
Views: 1665

Re: Looking to buy ETFs for the 1st time

My experience with individual stocks is that Fidelity, for example, would not even allow you to submit the order if the price was way off the mark. 20% higher or lower. Perhaps that has changed. Yup. Brokers are supposed to have reasonable price and size controls to prevent you from entering errone...
by alec
Wed Apr 24, 2019 7:58 pm
Forum: Personal Consumer Issues
Topic: Nonfinancial value of state university vs private college (USC)?
Replies: 64
Views: 3466

Re: Nonfinancial value of state university vs private college (USC)?

My friend works at a community college and they have great classes and strong professors. Your son can walk away with an AA degree and transfer anywhere and dive right into his major without worrying about General Requirements.. Well, no. The student may or may not get into a better college after t...
by alec
Sun Mar 24, 2019 8:38 am
Forum: Investing - Theory, News & General
Topic: Liability Matching: What to do with monthly leftover?
Replies: 31
Views: 1753

Re: Liability Matching: What to do with monthly leftover?

Seems like there are three main choices.

1. Spend the additional money now and don’t save it.
2. Retire earlier.
3. Raise the amount you’re going to spend in retirement by doing more liability matching with the additional savings.
by alec
Thu Mar 21, 2019 8:03 pm
Forum: Personal Investments
Topic: investing in a blank check company - SPAC [Special-Purpose Acquisition Company]
Replies: 1
Views: 217

Re: investing in a blank check company - SPAC [Special-Purpose Acquisition Company]

The SEC filings should help about what the unit consists of, and where they trade.

https://www.sec.gov/cgi-bin/browse-edga ... e&count=40

The prospectus should describe how any merger should work and whether you’ll have to cough up any more money.
by alec
Thu Mar 21, 2019 7:21 pm
Forum: Personal Investments
Topic: Creative Planning- Anyone know fee structure?
Replies: 2
Views: 684

Re: Creative Planning- Anyone know fee structure?

See if there’s anything in their filings with the SEC.

https://adviserinfo.sec.gov/Firm/105348
by alec
Thu Mar 21, 2019 6:22 pm
Forum: Personal Investments
Topic: What kind of financial product is this?
Replies: 7
Views: 752

Re: What kind of financial product is this?

He didn’t really answer your question at all.
by alec
Sun Mar 17, 2019 8:46 am
Forum: Personal Consumer Issues
Topic: Need help buying a teen’s car and replacing parent car
Replies: 8
Views: 726

Re: Need help buying a teen’s car and replacing parent car

We were in the same situation late last year. We fixed up the 2008 pilot, which my son now drives, and my wife got a newer car.
by alec
Sat Mar 16, 2019 4:57 pm
Forum: Personal Consumer Issues
Topic: Age for starting kindergarten
Replies: 61
Views: 4213

Re: Age for starting kindergarten

My daughter was born on 9/1, the cutoff day for our school district. We didn’t feel she was socially ready, so we red shirted her. We also figured it’d be easier for her to skip a grade later than repeating a grade, with all her future friends on the class moving on, except her. She is 13 now, and i...
by alec
Thu Mar 14, 2019 6:36 pm
Forum: Investing - Theory, News & General
Topic: SWR and Social Security
Replies: 36
Views: 3973

Re: SWR and Social Security

Dottie57 wrote:
Thu Mar 14, 2019 2:45 pm
62 and starting SS AT 70. I have CDs setup until 67. I am sure I will setup more in the coming years, so I should be fine intel 70. SS will cover basic expenses so portfolio is for more fun
This is similar to what the Stanford project recommends.
by alec
Thu Mar 14, 2019 1:48 pm
Forum: Investing - Theory, News & General
Topic: SWR and Social Security
Replies: 36
Views: 3973

Re: SWR and Social Security

You may be interested in these two long and short publications from Stanford showing the delay SS strategy is often very good and easy to implement. There is strategy comparison too. http://longevity.stanford.edu/2017/11/29/optimizing-retirement-income-by-integrating-retirement-plans-iras-and-home-e...
by alec
Wed Mar 13, 2019 8:28 pm
Forum: Personal Investments
Topic: Finding the risk tolerance for AA
Replies: 18
Views: 1079

Re: Finding the risk tolerance for AA

Personal situation: Self 53 years, Wife 48 years, no other financial needs (kids provided for), trying to deploy 3 mil for 10-15 years when I expect to begin retirement and drawdown, no addition to savings expected until then... ....But I have another 10-15 years to go before I start drawing down a...
by alec
Sat Mar 09, 2019 5:30 pm
Forum: Personal Investments
Topic: I think I can retire. Help me with the confidence and a plan.
Replies: 29
Views: 5227

Re: I think I can retire. Help me with the confidence and a plan.

If it were me, I would totally stop working at the super stressful job ASAP. You don't necessarily need to stop working for money forever, but I think you can afford to stop working for your health and to spend more time with mother/family. That 1.5M in one company's (former employer) stock stood ou...
by alec
Fri Mar 08, 2019 7:16 pm
Forum: Personal Investments
Topic: Need help understanding bid/ask spread for VG ETFs
Replies: 8
Views: 801

Re: Need help understanding bid/ask spread for VG ETFs

To this point in time, I’ve been investing in VG admiral mutual funds. Reason being: ETFs werent around when I started investing, and when they finally came onto the scene, they had the same ER as admiral share class so I didn’t see the point. But with their ERs now dropping lower than admiral shar...
by alec
Fri Mar 01, 2019 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Tell The Truth to Boss Why I'm Leaving? (More Money)
Replies: 78
Views: 8972

Re: Tell The Truth to Boss Why I'm Leaving? (More Money)

"Boss, I really enjoy working here, the team, the work, and the leadership is great. I have recently received a job offer, which is a significant increase in compensation, which I cannot refuse. At the end of the day, I need to support my family, so today I offer my resignation. Thank you so much f...
by alec
Fri Mar 01, 2019 6:55 pm
Forum: Personal Investments
Topic: Bond Allocation with the TSP G Fund
Replies: 7
Views: 515

Re: Bond Allocation with the TSP G Fund

What is your reasoning for the change?
by alec
Thu Feb 28, 2019 8:55 pm
Forum: Personal Investments
Topic: Fidelity Bond Trading
Replies: 1
Views: 312

Re: Fidelity Bond Trading

Fidelity says about secondary bond trading (excluding Treasuries) Only $1 per bond mark-up/mark-down for secondary bond trading, What exactly does this mean ? Does that mean the mark-up/mark-down if Fidelity buys or sells from its inventory ? Also, I see (at least for corp bonds) that Fidelity show...
by alec
Wed Feb 27, 2019 8:14 pm
Forum: Investing - Theory, News & General
Topic: MSCI EAFE: A stock market that time, and the internet, forgot
Replies: 10
Views: 1234

Re: MSCI EAFE: A stock market that time, and the internet, forgot

Admiral Fun wrote:
Wed Feb 27, 2019 6:28 pm

What does it mean that such a large market has so little tech?
It's underperformance, compared to US total market, and comparatively less in technology companies, could mean that it's cheaper that the US stock market, and has a higher expected return. :idea:
by alec
Wed Feb 27, 2019 8:10 pm
Forum: Personal Investments
Topic: Couple years in the making, porfolio review time!
Replies: 11
Views: 1743

Re: Couple years in the making, porfolio review time!

Here's what we've come up with for a plan for spreading the AA as best we can across all of our accounts: His 403b at TIAA-CREF 14% Vanguard total stock market index (VITSX) 8% Vanguard total international market index (VTSNX) 20% Vanguard total bond market index (VBTIX) His Roth IRA at Fidelity 4%...
by alec
Sat Feb 23, 2019 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and financing medical school
Replies: 5
Views: 756

Re: Inheritance and financing medical school

If you don't use some of the inheritance to pay tuition, you're basically taking out 41-42K in loans to invest in the stock and bond markets. If you're not comfortable with that, then use the inheritance to pay the tuition. Was the inheritance from someone who died? If so, you will likely get a step...
by alec
Sat Feb 16, 2019 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Irrevocable 401(a) percentage choice
Replies: 15
Views: 685

Re: Irrevocable 401(a) percentage choice

What r the investment options in the 401a vs. the 457?
by alec
Mon Feb 04, 2019 11:50 am
Forum: Personal Investments
Topic: Quick question about T-bills
Replies: 12
Views: 1611

Re: Quick question about T-bills

Maybe I’m missing something but I don’t think Tbills pay interest.

https://www.treasurydirect.gov/indiv/re ... ll_faq.htm
by alec
Fri Feb 01, 2019 7:27 pm
Forum: Personal Investments
Topic: Motley Fool ETF
Replies: 3
Views: 651

Re: Motley Fool ETF

The only thing that comes to mind is “Run away, run away!!!” :D
by alec
Sat Jan 26, 2019 6:53 pm
Forum: Personal Consumer Issues
Topic: Office Decor Ideas.. (Budget)
Replies: 14
Views: 753

Re: Office Decor Ideas.. (Budget)

I have four walls in my office. Lucky for me my parents wanted to give me some paintings that had been in the fam for a while. My wife didn’t want them, so I hung three in my office. Good convo starters, which makes people feel at ease when they come in.
by alec
Sat Jan 26, 2019 6:09 pm
Forum: Personal Consumer Issues
Topic: Maximum Travel Distance for Elementary, Middle and High School
Replies: 24
Views: 1619

Re: Maximum Travel Distance for Elementary, Middle and High School

My 13 yo daughter travels about 15 miles to a magnet middle school. It’s totally worth it.