Search found 3402 matches

by greg24
Fri Apr 19, 2019 3:45 pm
Forum: Personal Consumer Issues
Topic: How far would you commute?
Replies: 72
Views: 2741

Re: How far would you commute?

Life is too short for a long commute.

Kids 11 and 13? They'll be out of the house before you know it. Don't spend their last few years trapped in a car.
by greg24
Fri Apr 19, 2019 12:19 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 88
Views: 7432

Re: Thinking about selling stocks near all time highs

You can sell stocks now if you like. There isn't a law against market timing.

But you are market timing. You are considering selling stocks, at least in part, due to their valuations.

You don't need to justify it to the board. You don't even need to reply to this thread.

Do what you like.
by greg24
Fri Apr 19, 2019 11:55 am
Forum: Personal Finance (Not Investing)
Topic: DW worried about What if ...? Wishes to pay off mortgage
Replies: 33
Views: 2990

Re: DW worried about What if ...? Wishes to pay off mortgage

You need to get a will completed, outlining who would care for your child if something were to happen. That should be job #1. Term life insurance to provide financial support for the child is #2. I think paying off the mortgage is a fine idea. But not really a plan for your child if you both were to...
by greg24
Thu Apr 18, 2019 3:19 pm
Forum: Personal Consumer Issues
Topic: College admission inputs - Purdue vs local SJSU vs others
Replies: 54
Views: 2698

Re: College admission inputs - Purdue vs local SJSU vs others

Does the student prefer to go to college in California or Indiana?
by greg24
Thu Apr 18, 2019 9:49 am
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3484

Re: Windows 7 end of support - Jan 14, 2020

I took advantage of the free upgrade to W10 when it was offered some years ago. With each successive forced "upgrade," the machine became more unstable. In my experience, upgrading the OS is the biggest problem. A new W10 machine is just fine. I have a W7 machine at home that will just keep running...
by greg24
Wed Apr 17, 2019 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: I’m a Loser Stuck in a Dead End Job
Replies: 63
Views: 7767

Re: I’m a Loser Stuck in a Dead End Job

Your job may be less than ideal, but you sure sound like a winner to me.

Keep plugging away.

:sharebeer
by greg24
Tue Apr 16, 2019 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14035

Re: In Laws Retirement Nest Egg

The core value I was referring to is that of hard work, saving, self sufficiency and not relying on children or the taxpayer to step in if you have not planned properly Your in-laws have displayed hard work, saving, and self-sufficiency. They're in the 90th percentile of wealth. Many cultures have ...
by greg24
Tue Apr 16, 2019 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14035

Re: In Laws Retirement Nest Egg

it makes me uncomfortable that they are OK with relying on us if they do run out of money. It is a difference in core values, but I am working very hard to change my perspective. This is made up entirely by you. You come off very very poorly in this thread. I hope you don't in any way present these...
by greg24
Tue Apr 16, 2019 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: My life insurance company wants to "help me save money"
Replies: 26
Views: 2197

Re: My life insurance company wants to "help me save money"

I see very little need for life insurance. If you both were to die tomorrow, your nest egg would cover everything and more for your child.
by greg24
Tue Apr 16, 2019 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Savings account for child?
Replies: 35
Views: 1435

Re: Savings account for child?

Our kids have accounts at the local credit union. They both have a youth savings account that yields 0.10%. They both have a youth 3-month CD which yields 0.50% and perpetually rolls over. I make them read the quarterly statements that come in the mail. I like that they have two accounts, and they'r...
by greg24
Fri Apr 12, 2019 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house next year. Wife wants a big house. Thoughts?
Replies: 104
Views: 8486

Re: Buying a house next year. Wife wants a big house. Thoughts?

In reading these threads, I'm always surprised at how often some people plan on changing houses. If you buy a giant house now, that is just setting up a downsizing when the kids go to college. There are large transaction costs to buying and selling houses. We have a 2200 sf house that we bought befo...
by greg24
Fri Apr 12, 2019 10:16 am
Forum: Investing - Theory, News & General
Topic: Indexing on leverage?
Replies: 31
Views: 1756

Re: Indexing on leverage?

Smells like greed.
by greg24
Fri Apr 12, 2019 10:03 am
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 335
Views: 57527

Re: Selling all equities, discuss why I'm wrong. :)

I got in and out of crypto at about the right times, but I've also been buying/rolling over monthly out-of-the money put options on SPX that have been a money pit that made up for (in the bad sort of way) the crypto gains. (Also been on this forum less as this is not the place to discuss these 'inv...
by greg24
Wed Apr 10, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Can a tax assessment change once it's posted on Assessor's Website?
Replies: 4
Views: 242

Re: Can a tax assessment change once it's posted on Assessor's Website?

We purchased a lot in 2018, and are building our new construction home on it which is almost complete. The 2018 taxes were based on the land value only, and so were 2019. When I went to the assessors site to pay the current property taxes, it shows 2020 taxes without the house value on there. The h...
by greg24
Wed Apr 10, 2019 1:04 pm
Forum: Personal Investments
Topic: Borderline too high 401k fees?
Replies: 21
Views: 1048

Re: Borderline too high 401k fees?

Given your income, I would consider contributing to avoid taxation. You may leave the job in a year or two, and can then transfer the funds to another provider.
by greg24
Wed Apr 10, 2019 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18433

Re: Wife hates new job...wants to quit after 1 day

Sockpuppet wrote:
Tue Apr 09, 2019 10:48 pm
So today the plan is to ride it out for a year and leave.
Why?

She isn't doing the new company any favors by hiring a new team and leaving less than a year after the new people were hired.
by greg24
Wed Apr 10, 2019 12:12 pm
Forum: Personal Investments
Topic: Borderline too high 401k fees?
Replies: 21
Views: 1048

Re: Borderline too high 401k fees?

What is your income level?

401k withholding can avoid a lot of taxation.
by greg24
Wed Apr 10, 2019 10:02 am
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 105
Views: 7974

Re: Crypto bulls are back. Are you getting in?

Which of the 1600+ crypto currencies are you going to invest in?

What other currencies do you invest in?
by greg24
Tue Apr 09, 2019 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: $20k day care...how is it taxed?
Replies: 85
Views: 5244

Re: $20k day care...how is it taxed?

Wasn't one of President Trump's campaign promises to make the daycare deduction unlimited? Is that in the works? The most common thread amongst the recent tax code changes was to eliminate or reduce as many deductions as possible. So I wouldn't expect any new deductions to appear in the tax code.
by greg24
Tue Apr 09, 2019 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18433

Re: Wife hates new job...wants to quit after 1 day

It is insanity that people are assuming she won't get laid off very very soon, and that she'll receive a severance package. The situation is just screaming danger.

If she could return to her previous position, I would strongly consider it.
by greg24
Fri Apr 05, 2019 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Married couples: can you have a team mentality with separate finances?
Replies: 183
Views: 8390

Re: Married couples: can you have a team mentality with separate finances?

bluejello wrote:
Fri Apr 05, 2019 11:52 am
He hotly contests that I ever supported him
Yikes.

I think it is possible to have a team mentality with separate finances. I don't quite think your husband has a team mentality. But we are going by one side of the story.
by greg24
Fri Apr 05, 2019 9:08 am
Forum: Personal Consumer Issues
Topic: Where to live during kitchen renovation?
Replies: 45
Views: 2636

Re: Where to live during kitchen renovation?

I'm guessing a big part of the contractor's desire that you move out is because you have three cats. If you make sure they are fostered for the entire project, that may make a huge difference.
by greg24
Wed Apr 03, 2019 12:50 pm
Forum: Personal Consumer Issues
Topic: Additional Costs for 3rd Child?
Replies: 74
Views: 2216

Re: Additional Costs for 3rd Child?

With your second child not even born yet, you are putting the cart WAAAAAAAAAAAAY in front of the horse. In a few years, if you and your spouse want a third child, you should have a third child. Money is fungible. Family is #1. I think you're overblowing the financial aspect. Somehow the 4 can fly, ...
by greg24
Tue Apr 02, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: What is Financial Independence (FI) in the simplest terms?
Replies: 80
Views: 4646

Re: What is Financial Independence (FI) in the simplest terms?

Being able to live your life with zero income.
by greg24
Tue Apr 02, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Evaluating a Job Offer - Do I Take The Job?
Replies: 7
Views: 1000

Re: Evaluating a Job Offer - Do I Take The Job?

To me this is a lifestyle decision, not a job parameter decision.
by greg24
Tue Apr 02, 2019 9:11 am
Forum: Investing - Theory, News & General
Topic: IF we enter a financial crisis in the future, how are you going to adjust?
Replies: 57
Views: 3625

Re: IF we enter a financial crisis in the future, how are you going to adjust?

If you are worried about the financial world going haywire, investing in exotic inverse leveraged funds may not be a good plan.
by greg24
Mon Apr 01, 2019 10:39 pm
Forum: Personal Investments
Topic: Invest in cryptocurrency?
Replies: 19
Views: 1440

Re: Invest in cryptocurrency?

How many different Cryptocurrencies are there?

The number of cryptocurrencies available over the internet as of 19 August 2018 is over 1600 and growing. A new cryptocurrency can be created at any time.
by greg24
Mon Apr 01, 2019 2:36 pm
Forum: Investing - Theory, News & General
Topic: What is the Boglehead opinion of the inverted yield curve?
Replies: 63
Views: 5020

Re: What is the Boglehead opinion of the inverted yield curve?

My opinion (or WAG) is that the chances of a recession are higher.

My actions are to maintain our current course.

:sharebeer
by greg24
Fri Mar 22, 2019 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: When to increase house size with a growing family?
Replies: 43
Views: 2570

Re: When to increase house size with a growing family?

Another vote for a new house.

Some posters are unreasonably conservative.
by greg24
Fri Mar 22, 2019 4:18 pm
Forum: Personal Consumer Issues
Topic: Twitter [Is mobile number needed to register?]
Replies: 20
Views: 671

Re: Twitter

fposte wrote:
Fri Mar 22, 2019 1:37 pm
You can read people's Twitter posts without having a Twitter account.
+9999

Just read what you need, and avoid the rest.
by greg24
Wed Mar 20, 2019 10:00 pm
Forum: Personal Consumer Issues
Topic: When is it time for a new smartphone?
Replies: 66
Views: 3894

Re: When is it time for a new smartphone?

Agree with the suggestion to replace the battery.

My iphone is 4.5 years old and works fine. I have replaced the battery.
by greg24
Wed Mar 20, 2019 4:24 pm
Forum: Personal Investments
Topic: Weed stocks?
Replies: 36
Views: 2359

Re: Weed stocks?

Oregon has an oversupply and wants to export: https://www.rollingstone.com/culture/culture-news/oregon-excess-weed-mairjuana-export-plan-774986/ https://www.opb.org/news/article/oregon-cannabis-surplus-2019/ Oregon is producing twice as much cannabis as people are using, according to a new study fro...
by greg24
Wed Mar 20, 2019 1:33 pm
Forum: Personal Investments
Topic: Weed stocks?
Replies: 36
Views: 2359

Re: Weed stocks?

Wait for the S&P420 Index Fund.
by greg24
Wed Mar 20, 2019 12:42 pm
Forum: Personal Consumer Issues
Topic: Minivan - Safety
Replies: 34
Views: 1598

Re: Minivan - Safety

A brand new Sienna, even with an overlap issue, is a huge safety improvement on a 160k Prius or 160k Rav4.
by greg24
Tue Mar 19, 2019 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: College for average kids
Replies: 72
Views: 4776

Re: College for average kids

renue74 wrote:
Tue Mar 19, 2019 2:10 pm
But my question is...what happens when your kid goes to school and he comes home with a 2.0 or whatever GPA?
Pay someone $500k to get them into USC? :twisted:

Sorry, I couldn't resist.
by greg24
Tue Mar 19, 2019 2:04 pm
Forum: Personal Consumer Issues
Topic: A used Camry or brand new Corolla?
Replies: 69
Views: 3111

Re: A used Camry or brand new Corolla?

BogleMelon wrote:
Tue Mar 19, 2019 10:33 am
I also have very limited interest and knowledge when it comes to cars.
I suggest you buy a new Corolla.
by greg24
Sun Mar 17, 2019 9:26 pm
Forum: Personal Investments
Topic: Is now a good time to put new money in the market?
Replies: 47
Views: 4227

Re: Is now a good time to put new money in the market?

The best time to invest was yesterday. The next best time is today.

If you want to put that 200k into the market, I would automate a set amount every month.
by greg24
Sun Mar 17, 2019 8:10 pm
Forum: Personal Investments
Topic: Mourning the loss of savings rate
Replies: 38
Views: 4344

Re: Mourning the loss of savings rate

chevca wrote:
Sun Mar 17, 2019 3:46 pm
You were already in the 22% bracket ($77,401 to $165,000).
He listed their raw income, not their AGI, which is probably below $77k.
by greg24
Sun Mar 17, 2019 8:09 pm
Forum: Personal Investments
Topic: Mourning the loss of savings rate
Replies: 38
Views: 4344

Re: Mourning the loss of savings rate

You've won the game! You have a great family, with a solid financial base, your wife not working too much but still with a career, all the while saving 25% of your income.

If 55 doesn't work, or 58, who knows. That is a long ways off.

Enjoy what you have now. :sharebeer
by greg24
Wed Mar 13, 2019 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Should I give more money to a family member?
Replies: 107
Views: 6315

Re: Should I give more money to a family member?

Whatever you do, your sister won't be happy.
by greg24
Wed Mar 13, 2019 12:36 pm
Forum: Personal Investments
Topic: I want to leave Vanguard
Replies: 71
Views: 5885

Re: I want to leave Vanguard

I fully support the OP's desire to leave Vanguard.

:sharebeer
by greg24
Wed Mar 13, 2019 12:34 pm
Forum: Personal Consumer Issues
Topic: Utility bill hits new highs! What can I do?
Replies: 55
Views: 2808

Re: Utility bill hits new highs! What can I do?

Cold weather can force people to stay home more often, resulting in higher electricity usage. My power bills have a variable amount of days per bill. Sometimes it can be as low as 26 or 27, sometimes as high as 33 or 34, resulting in some billing swings. You keep making the neighbor comparison. Have...
by greg24
Fri Mar 08, 2019 11:41 am
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 7045

Re: attacked by off-leash dog

I've always felt that dog owners should be arrested and charged for any crime that the dog commits. They like to claim the dog is harmless. Put your money where your mouth is and assume criminal liability. Your dog attacks someone at the park? The owner is charged with assault. Dog kills someone? Ow...
by greg24
Fri Mar 08, 2019 11:34 am
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 7045

Re: attacked by off-leash dog

Its pretty clear this "attack" was not serious by any means because the OP completely sidestepped any response to the multiple people asking what kind of "attack" this was and the police didn't do anything about it. The OP has been asked about the attack repeatedly by posters who want to blame the ...
by greg24
Fri Mar 08, 2019 11:13 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10391
Views: 1843629

Re: U.S. stocks in free fall

livesoft wrote:
Fri Mar 08, 2019 11:12 am
How do you explain that not much has happened today?
Animal spirits.
by greg24
Fri Mar 08, 2019 10:38 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10391
Views: 1843629

Re: U.S. stocks in free fall

China market down 4% and a disappointing jobs report. Could be an interesting day.