Search found 3803 matches

by greg24
Fri May 22, 2020 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 279
Views: 27845

Re: College in fall

In my opinion an undergraduate degree is primarily valuable as a signal to future employers/society and as a socialization/networking/country club period. I will be interested to see how the COVID crisis affects this market. I could see how a future shift toward online classes could lessen the "pre...
by greg24
Fri May 22, 2020 6:38 pm
Forum: Personal Investments
Topic: Has anyone ever used their Emergency Fund?
Replies: 79
Views: 5396

Re: Has anyone ever used their Emergency Fund?

The question seems to be written as if everyone has a separate account labeled "break glass in case of emergency!" We have an account with a bunch of cash. We use the account to get cash from the ATM, pay monthly bills, sometimes having higher bills such as when we decide to go on vacation, treat ou...
by greg24
Fri May 22, 2020 1:28 pm
Forum: Investing - Theory, News & General
Topic: The Taleb Asness 'debate' in the light of Bogleheads philosophy
Replies: 144
Views: 6567

Re: The Taleb Asness 'debate' in the light of Bogleheads philosphy

Yeah, I'm not questioning my investment philosophy based on a twitter argument.
by greg24
Fri May 22, 2020 12:10 pm
Forum: Personal Consumer Issues
Topic: Bicycle Recommendation?
Replies: 34
Views: 2335

Re: Bicycle Recommendation?

I would find a good local bike shop and buy whatever brands they carry and support. For me, that ended up being Trek.
by greg24
Thu May 21, 2020 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Employer cut 403b contribution to zero
Replies: 85
Views: 5550

Re: Employer cut 403b contribution to zero

During the Great Recession, my R1 employer had two years of a salary freeze and reduced our 403b match by 2%. We generally maximize how much we can reasonable save, so there wasn't much to do but just keep swimming. So far a salary freeze for next year has been announced. I'm anticipating a 403b mat...
by greg24
Tue May 19, 2020 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Car now provided by employer; get rid of one personal car?
Replies: 13
Views: 733

Re: Car now provided by employer; get rid of one personal car?

LittleMaggieMae wrote:
Tue May 19, 2020 1:47 pm
I'd guesstimate $250 for stickers/plates, $600 for insurance and then maybe $500 for maintenance (with some of that rolling over for future bigger expenses) so $125 a month in "savings" by not having a second car.
There would be some depreciation that should figure in.
by greg24
Tue May 19, 2020 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Is anyone holding off buying a home? Possible COVID-19 changes in the way we work...
Replies: 8
Views: 1216

Re: Is anyone holding off buying a home? Possible COVID-19 changes in the way we work...

Economic uncertainty may impact if I would buy a home or not. But the future of the workplace, particularly for an individual, is always uncertain. Any home purchase is a little risky in relation to your job. I do not think society will change in such dramatic ways that you should delay a home purch...
by greg24
Mon May 18, 2020 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 279
Views: 27845

Re: College in fall

U of South Carolina announced they are having on-campus classes, but will not return to campus after Thanksgiving. https://www.thestate.com/news/local/education/article242807331.html The decision to return to only a virtual classroom after Thanksgiving was made because the university’s models show a...
by greg24
Mon May 18, 2020 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: I work remote: Is buying a home away from a major city a major risk?
Replies: 39
Views: 4278

Re: I work remote: Is buying a home away from a major city a major risk?

If you're 58 and near retirement, no problem.

If you're 28 and just firing up, could be a problem.

I like to live where I want to live.
by greg24
Mon May 18, 2020 12:44 pm
Forum: Personal Investments
Topic: Governmental 457 safe?
Replies: 17
Views: 916

Re: Governmental 457 safe?

My benefit office says it is a governmental plan. Thank you all.
by greg24
Sun May 17, 2020 7:31 pm
Forum: Personal Investments
Topic: Governmental 457 safe?
Replies: 17
Views: 916

Re: Governmental 457 safe?

retired@50 wrote:
Sun May 17, 2020 5:56 pm
greg24 wrote:
Sun May 17, 2020 5:52 pm
How about university 457s?
I'd look here if you're curious: https://www.bogleheads.org/wiki/457(b)

You may need to determine if the university plan is considered governmental or non-governmental as the rules ARE different.

Regards,
How do I determine that?
by greg24
Sun May 17, 2020 7:30 pm
Forum: Personal Investments
Topic: Governmental 457 safe?
Replies: 17
Views: 916

Re: Governmental 457 safe?

sergeant wrote:
Sun May 17, 2020 5:56 pm
greg24 wrote:
Sun May 17, 2020 5:52 pm
How about university 457s?
Public or private?
Public.
by greg24
Sun May 17, 2020 5:52 pm
Forum: Personal Investments
Topic: Governmental 457 safe?
Replies: 17
Views: 916

Re: Governmental 457 safe?

How about university 457s?
by greg24
Wed May 13, 2020 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Leave H&R Block for Turbo Tax or what other software
Replies: 27
Views: 1291

Re: Leave H&R Block for Turbo Tax or what other software

I use H&R Block software and I guess I trust it.

I trust it to be correct more than the humans they have.
by greg24
Tue May 12, 2020 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Sell Equities and Pay off Mortgage or wait ?
Replies: 36
Views: 1792

Re: Sell Equities and Pay off Mortgage or wait ?

In the current global environment and valuations, I would sell to pay off the mortgage.
by greg24
Tue May 12, 2020 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Appraiser is asking for more money in the middle of refinance process, legal?
Replies: 36
Views: 3220

Re: Appraiser is asking for more money in the middle of refinance process, legal?

You've paid the amount on the disclosure statement from the lender.

Now the appraiser is asking for more.

I don't see how the lender can say "no". You've followed the rules.
by greg24
Mon May 11, 2020 9:50 am
Forum: Personal Finance (Not Investing)
Topic: post covid 19 office work - was coronavirus a game changer for telecommunting?
Replies: 48
Views: 3651

Re: post covid 19 office work - was coronavirus a game changer for telecommunting?

WFH has been great in terms of family. But I agree it is socially isolating. I've always thought that 100% WFH wasn't for me, and this episode confirms it. Ideally I think I'd like to go to the office 2-3 times a week and stay home 2-3 times a week. My productivity has remained about the same. Our t...
by greg24
Sun May 10, 2020 3:00 pm
Forum: Personal Consumer Issues
Topic: Is it worth buying an infant car seat for each car.
Replies: 71
Views: 3144

Re: Is it worth buying an infant car seat for each car.

atikovi wrote:
Sun May 10, 2020 9:40 am
I didn't imply that you should buy one from 80's or 90's. Many people list them after using once for a trip or after a few months when the kid out grows it.
And some people sell them after they've been in a car accident.

There are billions of better ways to save money.
by greg24
Sun May 10, 2020 2:55 pm
Forum: Personal Consumer Issues
Topic: Buying a used Jaguar
Replies: 40
Views: 2513

Re: Buying a used Jaguar

The deal is done. They have not asked for your opinion on the matter.

If you feel you must say something, I'd advise them to listen to the poster upthread who said they should drive it until something goes wrong, then sell it to a junkyard.
by greg24
Sun May 10, 2020 2:51 pm
Forum: Personal Consumer Issues
Topic: Has Your Spending Changed Since The Shutdown?
Replies: 180
Views: 6578

Re: Has Your Spending Changed Since The Shutdown?

Everything has gone down except for groceries. Our monthly credit card statements have been really low.
by greg24
Sun May 10, 2020 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: post covid 19 office work - was coronavirus a game changer for telecommunting?
Replies: 48
Views: 3651

Re: post covid 19 office work - was coronavirus a game changer for telecommunting?

I do think it will open the door a bit. I see more workers shifting to 20% or 40% at home, rather than completely full time.

Or maybe companies see how much they can save on office space and this will be a major turn in telecommuting.
by greg24
Fri May 08, 2020 9:38 pm
Forum: Personal Consumer Issues
Topic: Is it worth buying an infant car seat for each car.
Replies: 71
Views: 3144

Re: Is it worth buying an infant car seat for each car.

Another vote that moving them reduces the surety of the installation.

A lot of people incur a lot of hassle to avoid buying one more car seat.
by greg24
Fri May 08, 2020 9:27 pm
Forum: Personal Consumer Issues
Topic: Amazon issues - cannot even cancel Prime really
Replies: 59
Views: 3725

Re: Amazon issues - cannot even cancel Prime really

I've never been a Prime member, yet I've never been disappointed in Amazon delivery times.
by greg24
Fri May 08, 2020 8:56 pm
Forum: Personal Investments
Topic: Recession coming (?) any change in investments?
Replies: 82
Views: 7146

Re: Recession coming (?) any change in investments?

A recession is guaranteed. The question is "how bad?"

Either way, you have a very good plan in place.

:sharebeer
by greg24
Thu May 07, 2020 1:43 pm
Forum: Investing - Theory, News & General
Topic: [Investment strategy from this point forward]
Replies: 50
Views: 2063

Re: Coronavirus economy

Im simply asking for a short term strategy from now until we have a vaccine Here is both a short term and long term strategy: Select a reasonable asset allocation, such as 60/40. Buy as much as possible each month. The end. Your ability to time the market and predict the future were not enhanced by...
by greg24
Wed Apr 22, 2020 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Best Covid19 resistant job
Replies: 154
Views: 9605

Re: Best Covid19 resistant job

Zoom first tier support.
by greg24
Tue Apr 21, 2020 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to negotiate severance if laid off?
Replies: 75
Views: 6080

Re: How to negotiate severance if laid off?

fatFIRE wrote:
Sun Apr 19, 2020 9:39 pm
As a pre-requisite, what is considered to be a good severance, and how do you identify if the severance is crap or really good?
A very good severance used to be a month of severance for every year of service.

Those days seem to be in the past.
by greg24
Wed Apr 15, 2020 12:12 pm
Forum: Personal Consumer Issues
Topic: Mesh Wifi
Replies: 118
Views: 7326

Re: Mesh Wifi

We bought the Google Wifi 4-pack at Costco about a year ago.

"Game changer" may be the right term. All of our wifi woes just disappeared.

Piece of cake to setup and maintain.

Should have bought years ago.
by greg24
Mon Apr 13, 2020 4:11 pm
Forum: Investing - Theory, News & General
Topic: What in the world is propping up this market?
Replies: 206
Views: 20747

Re: What in the world is propping up this market?

Hope/belief that we'll bounce back quickly.

Interest rates near zero mean few other investing options.
by greg24
Thu Apr 09, 2020 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: I was denied a mortgage refinance due to a "net tangible benefit rule". Is this a real thing?
Replies: 22
Views: 3177

Re: I was denied a mortgage refinance due to a "net tangible benefit rule". Is this a real thing?

Do you have an FHA loan? This page seems relevant: https://crosscountrymortgage.com/loan-types/refinance-loans/federal-housing-administration-loans-fha/fha-streamline-refinance/ You must demonstrate a Net Tangible Benefit from the FHA Streamline Refinance: o Reducing the sum of the principal, intere...
by greg24
Wed Apr 08, 2020 3:16 pm
Forum: Personal Investments
Topic: What do I do with cash??
Replies: 30
Views: 2453

Re: What do I do with cash??

We have a local rewards checking account and a PMM account. I shift back and forth as necessary.
by greg24
Tue Mar 31, 2020 11:00 am
Forum: Investing - Theory, News & General
Topic: Why is the market up today?
Replies: 25
Views: 2264

Re: Why is the market up today?

Animal spirits are amplifying every bit of news.
by greg24
Mon Mar 30, 2020 5:31 pm
Forum: Personal Investments
Topic: i cannot help myself anymore [buy the dip?]
Replies: 45
Views: 3952

Re: i cannot help myself anymore [buy the dip?]

I find a way to inch up my 401k contributions just a little bit more and look forward to my next 401k purchase.
:sharebeer
by greg24
Mon Mar 30, 2020 5:28 pm
Forum: Personal Consumer Issues
Topic: Tipping in new reality?
Replies: 80
Views: 4654

Re: Tipping in new reality?

Some Instacart and Amazon workers went on strike this afternoon. https://www.npr.org/2020/03/30/823767492/amazon-instacart-grocery-delivery-workers-strike-for-coronavirus-protection-and- Some Amazon warehouse workers in Staten Island, N.Y., and Instacart's grocery delivery workers nationwide walked ...
by greg24
Mon Mar 30, 2020 2:10 pm
Forum: Investing - Theory, News & General
Topic: Help me understand this market--or How can S&P be 2600 today?
Replies: 109
Views: 9391

Re: Help me understand this market--or How can S&P be 2600 today?

The market is riding animal spirits. And taking a random walk after a black swan.
by greg24
Wed Mar 18, 2020 5:04 pm
Forum: Investing - Theory, News & General
Topic: Is the 2020 crash different from 2008, 2001 or 1987?
Replies: 61
Views: 5328

Re: Is the 2020 crash different from 2008, 2001 or 1987?

Every crash is different. Context is different. The world is different.
by greg24
Wed Mar 18, 2020 11:11 am
Forum: Personal Consumer Issues
Topic: Cruise cancelled [take refund or future credit?]
Replies: 51
Views: 2681

Re: Cruise cancelled [take refund or future credit?]

Refund. They may not exist once you want to use the future credit.
by greg24
Wed Mar 18, 2020 11:10 am
Forum: Investing - Theory, News & General
Topic: Anybody else hoping for stocks to plummet?
Replies: 20
Views: 1121

Re: Anybody else hoping for stocks to plummet?

No, I am not hoping for stocks to plummet and inflame civil unrest.

But I'm continuing to buy.
by greg24
Wed Mar 18, 2020 9:14 am
Forum: Personal Consumer Issues
Topic: Dentist/Dental hygienist? (in times of COVID)
Replies: 25
Views: 1502

Re: Dentist/Dental hygienist? (in times of COVID)

I had an appt for later this month. They called yesterday and said the state board of health was asking them to reschedule any non-emergency work.

They wanted me to select a date in April and instead I just cancelled. I didn't want to have to cancel once April arrived.
by greg24
Wed Mar 18, 2020 8:45 am
Forum: Investing - Theory, News & General
Topic: Entering into stock market
Replies: 11
Views: 644

Re: Entering into stock market

Vanguard Total Stock Market Index Fund is a great core holding.
by greg24
Wed Mar 18, 2020 8:45 am
Forum: Personal Investments
Topic: A Little Confused if I Should be Taking More Action
Replies: 16
Views: 1566

Re: A Little Confused if I Should be Taking More Action

Would now be a good time to up my 401k contributions? I could fully fund my Roth IRA if suggested as well. I am trying to figure out if seasoned Bogleheads can give some advice to a newbie on how to take advantage of the situation at hand. As a 32 year old with a job, your best bet is to just keep ...
by greg24
Tue Mar 17, 2020 10:08 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190718

Re: Optimism amongst the panic and worry

Everyone in the neighborhood is taking daily walks in the park.

Kids are excited to plan/prep meals.

Board games every night.
by greg24
Tue Mar 17, 2020 4:29 pm
Forum: Personal Investments
Topic: Not savvy, lost a bunch, and scared
Replies: 31
Views: 2540

Re: Not savvy, lost a bunch, and scared

Stay the course and keeping buying!!

And maybe add some bonds to your portfolio.
by greg24
Tue Mar 17, 2020 9:06 am
Forum: Personal Consumer Issues
Topic: Have you been personally affected by supply chain problems?
Replies: 56
Views: 3743

Re: Have you been personally affected by supply chain problems?

fru-gal wrote:
Mon Mar 16, 2020 8:07 am
As an older person so in a vulnerable group, I'd like to shop when the stores are not jammed with people, but that's impossible currently.
I've seen headlines of some stores starting to have "senior hours" at the start of the day. Hopefully that becomes a thing.
by greg24
Sun Mar 15, 2020 9:43 pm
Forum: Investing - Theory, News & General
Topic: Is there a single person on here that thinks Coronavirus is going to have a material impact on [earnings]
Replies: 117
Views: 9601

Re: Is there a single person on here that thinks Coronavirus is going to have a material impact on [earnings]

Bars and restaurants are going to be absolutely crushed for at least one quarter, if not two.

The world economy won't just snap back after months of very low demand.

We're looking at a long process.
by greg24
Fri Mar 13, 2020 11:32 pm
Forum: Investing - Theory, News & General
Topic: Is it time to GET OUT?
Replies: 125
Views: 10720

Re: Is it time to GET OUT?

Put your head down, go to work, and keep buying.

Find a way to increase your investing percentage.
by greg24
Fri Mar 13, 2020 11:29 pm
Forum: Investing - Theory, News & General
Topic: Why is the market impressed with the stimulus package?
Replies: 57
Views: 4212

Re: Why is the market impressed with the stimulus package?

The market is swinging on animal spirits.

We could see a 5% drop in the next session. Don't read too much into each day.