Search found 3206 matches

by greg24
Sun Nov 18, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Amazon public subsidy
Replies: 4
Views: 674

Re: Amazon public subsidy

Corporate welfare. Similar to cities building billion dollar stadiums for a sports franchise.
by greg24
Fri Nov 16, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: Are gift cards for fund raising worth it?
Replies: 23
Views: 1133

Re: Are gift cards for fund raising worth it?

Calico wrote:
Fri Nov 16, 2018 12:36 pm
And I will be honest, money *is* that tight for me.
Then it sounds like the gift cards are worth it to you. :sharebeer
by greg24
Fri Nov 16, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: Are gift cards for fund raising worth it?
Replies: 23
Views: 1133

Re: Are gift cards for fund raising worth it?

Sounds a lot easier to cough up a $20 or $50 cash donation.
by greg24
Thu Nov 15, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: In Grad school but work at a hotel which likely will be my career. Retirement?
Replies: 32
Views: 3520

Re: In Grad school but work at a hotel which likely will be my career. Retirement?

randydimera wrote:
Thu Nov 15, 2018 1:12 pm
Apparently they match 3% of my salary. So at 2 days a week and 10 dollars an hour I don't think that would be very good.
No matter how much you make, a 3% match increases your hourly pay by 3%.
by greg24
Wed Nov 14, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4300

Re: Does Early Retirement Make You Live Longer?

Longevity is highly correlated with wealth. Wealthy people retire young. People without money work as long as they can.
by greg24
Wed Nov 14, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 6900

Re: Are you all staying the course?

Staying the course and making automatic purchases throughout the month. Steady as she goes.
by greg24
Tue Nov 13, 2018 2:28 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 111
Views: 9631

Re: Granddaughter needs $ help for university

whodidntante wrote:
Mon Nov 12, 2018 9:17 pm
Teach music? You don't need a quarter million dollar education to earn 40 grand a year.
She is getting a quarter million dollar education for $60k.

Pretty dang nice ROI.
by greg24
Mon Nov 12, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: Still spending too much on non-essentials
Replies: 38
Views: 2442

Re: Still spending too much on non-essentials

$100 a month is too much? What is your income?

Don't go beyond frugality and approach being a miser. Life is too short.
by greg24
Mon Nov 12, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Home addition vs. Buying New
Replies: 39
Views: 2138

Re: Home addition vs. Buying New

Friends of ours have a similar basement. Code would not allow them to put do a real finished basement. But they brought in a number of foam backed carpets, painted the ceiling and walls white, put up storage on the walls and shelves and desks and installed lots of protected lights. The result was a...
by greg24
Mon Nov 12, 2018 11:34 am
Forum: Personal Consumer Issues
Topic: Wanting to move my family but where to begin?
Replies: 21
Views: 2391

Re: Wanting to move my family but where to begin?

Sounds like you want to move for financial reasons, i.e. taxes.

I suggest you start educating yourself about the tax rates and tax issues with the states you are considering.
by greg24
Mon Nov 12, 2018 10:56 am
Forum: Personal Consumer Issues
Topic: Trying to move out.
Replies: 25
Views: 1965

Re: Trying to move out.

AlohaJoe wrote:
Mon Nov 12, 2018 1:22 am
Step 1: introduce the dogs. Go do that before posting/worrying/overanalyzing it anymore.
+999999999999999
by greg24
Mon Nov 12, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Stop paying on life insurance policy?
Replies: 33
Views: 2471

Re: Stop paying on life insurance policy?

Given the ROI, I'd keep it.

You also mentioned not being fully funded for college. One more reason.
by greg24
Fri Nov 09, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: Should I reject Google drive for privacy/tracking?
Replies: 38
Views: 3015

Re: Should I reject Google drive for privacy/tracking?

If you are concerned with how Google may use your data, I would stop using Google products. Changing some settings is like sticking your finger in a dike.
by greg24
Wed Nov 07, 2018 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Are We In A Real Estate Bubble?
Replies: 112
Views: 13136

Re: Are We In A Real Estate Bubble?

Real estate is local. No bubble where I am. YMMV.
by greg24
Wed Nov 07, 2018 11:11 am
Forum: Personal Finance (Not Investing)
Topic: New job concerns
Replies: 52
Views: 5283

Re: New job concerns

When they spoke about flexibility, I doubt they meant you leaving at 4:15pm every day for the duration of your employment. You also need to be flexible. Sometimes I guess that means working until 6pm. I would agree that working until 6pm every day would be different from what you were led to believe...
by greg24
Wed Nov 07, 2018 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Move savings to Prime Money Market Fund (VMMXX)
Replies: 55
Views: 7506

Re: Move savings to Prime Money Market Fund (VMMXX)

You can direct deposit your paycheck into PMM.

PMM also offers checkwriting.

The yields are usually competitive with the best online accounts.

I'm always surprised at how many threads there are asking about PMM. It is a great vehicle, and I've always assumed more Bogleheads used it.
by greg24
Tue Nov 06, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: This man can predict when bubbles burst: time to time the market?
Replies: 145
Views: 10556

Re: This man can predict when bubbles burst: time to time the market?

I suffer from anxiety and I am afraid of huge losses in my investments. Taleb shows that extreme events are possible and losses in the stock market can be much higher than the bell curve predicts. So I am looking for ways to manage my anxiety in this, including by researching serious methods of ris...
by greg24
Tue Nov 06, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: This man can predict when bubbles burst: time to time the market?
Replies: 145
Views: 10556

Re: This man can predict when bubbles burst: time to time the market?

Should the clickbait title be changed to "This man THINKS he can predict..."?
by greg24
Tue Nov 06, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14628

Re: How much money are you leaving your kids after you die?

To be determined. Hopefully I won't find out for a very long time.
by greg24
Tue Nov 06, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 106
Views: 12727

Re: Are we in trouble?

JamesSFO wrote:
Tue Nov 06, 2018 2:01 am
I think OP has not painted a very complete picture because midway through the thread a 3rd property (paid off) that they plan to retire to appeared..
Yes, the sudden appearance of a third, paid-off house in an unnamed location changes everything.

OP, what other big curve balls do you have for us?
by greg24
Mon Nov 05, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: Buying a mini-van
Replies: 25
Views: 1807

Re: Buying a mini-van

I agree that a minivan is the most pragmatic choice, but you don't need to buy one just for a video system.
by greg24
Mon Nov 05, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 106
Views: 12727

Re: Are we in trouble?

You have made some sub-optimal decisions.

But your 370k annual income and 900k savings means you are far from "in trouble".
by greg24
Mon Nov 05, 2018 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Are Bond Funds Really a Good Investment Now?
Replies: 44
Views: 5028

Re: Are Bond Funds Really a Good Investment Now?

For instance, and I'm not being political, if the Democrats were to gain control of the Congress on Tuesday I think I would be able to foresee what the market would do afterwards. Don't you? Everyone thought they'd know how the markets would react to a surprise outcome in the 2016 presidential elec...
by greg24
Mon Nov 05, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?
Replies: 180
Views: 11035

Re: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?

This thread reiterates that a college town in flyover country is the best place to live.

:sharebeer
by greg24
Fri Nov 02, 2018 12:34 pm
Forum: Investing - Theory, News & General
Topic: Brett Arends: Here's a simple way to beat a bear market
Replies: 38
Views: 5218

Re: Brett Arends: Here's a simple way to beat a bear market

CULater wrote:
Thu Nov 01, 2018 7:16 pm
Sell everything before the next big downturn.
Investing genius.
by greg24
Wed Oct 31, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?
Replies: 180
Views: 11035

Re: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?

You can reach FI in both types of areas. But each area has a different dispersion of outcomes. I view living in a HCOL similar to being 100% equities. There is more risk (buying that 3 BR ranch for $1.5M), but you can end up with a bigger pile at the end. LCOL is similar to 60/40 and has less risk (...
by greg24
Wed Oct 31, 2018 9:12 am
Forum: Personal Finance (Not Investing)
Topic: IT Career Advancement-What path?
Replies: 37
Views: 2718

Re: IT Career Advancement-What path?

I currently do Windows Server Admin and second level tech support. Not very advanced stuff and have been here 13 years but bored out of my mind and want to advance. I'm way behind current technologies and not sure what "path" I should go? Anyone else made a similar transition/advancement? A couple ...
by greg24
Tue Oct 30, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: retiring abroad with savings worth 200k...
Replies: 48
Views: 7180

Re: retiring abroad with savings worth 200k...

At $800 per month, you're looking at a withdrawal rate of 4.8%. $1000 is 6%.

Most people recommend 3 to 4%. Particularly if retiring in your 40s.

There is a very good chance that you will run out of money.
by greg24
Tue Oct 30, 2018 11:44 am
Forum: Investing - Theory, News & General
Topic: Anyone else feel giddy every time VXUS gets creamed? [Vanguard Total International]
Replies: 69
Views: 6237

Re: Anyone else feel giddy every time VXUS gets creamed?

I don't get "giddy" at a falling market, as a falling market can have negative impacts on the economy and individuals. If the market continues to crater, your job may disappear, which would likely prevent any more equity purchases. I do see the falling market as a silver lining, and am glad that my...
by greg24
Tue Oct 30, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Should I co-sign for relative?
Replies: 103
Views: 4931

Re: Should I co-sign for relative?

pennylane wrote:
Tue Oct 30, 2018 10:24 am
Vehicle has an MSRP of $84,000.
I'm extremely surprised you are considering this.
by greg24
Mon Oct 29, 2018 3:38 pm
Forum: Investing - Theory, News & General
Topic: Anyone else feel giddy every time VXUS gets creamed? [Vanguard Total International]
Replies: 69
Views: 6237

Re: Anyone else feel giddy every time VXUS gets creamed?

I don't get "giddy" at a falling market, as a falling market can have negative impacts on the economy and individuals. If the market continues to crater, your job may disappear, which would likely prevent any more equity purchases. I do see the falling market as a silver lining, and am glad that my ...
by greg24
Mon Oct 29, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12660

Re: Am I doing well financially?

You're spending a huge amount on income taxes. The simplest step to putting your financial house in order is to go into work tomorrow and maximize your 401k withholding. Your savings rate will go way up. Your income taxes will come down quite a bit. Do this TOMORROW. Not next week, not next month, n...
by greg24
Fri Oct 26, 2018 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Advise on term vs whole life
Replies: 31
Views: 2244

Re: Advise on term vs whole life

Either way I need at least 30 yrs of coverage and at the end of one I'll have money I can cash out once my needs change while the money on term is gone. Why do you need at least 30 years of coverage? Your children shouldn't be dependent on your income when they are in their 30s. Better to have a 30...
by greg24
Fri Oct 26, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Advise on term vs whole life
Replies: 31
Views: 2244

Re: Advise on term vs whole life

five2one wrote:
Thu Oct 25, 2018 7:45 pm
Either way I need at least 30 yrs of coverage and at the end of one I'll have money I can cash out once my needs change while the money on term is gone.
Why do you need at least 30 years of coverage? Your children shouldn't be dependent on your income when they are in their 30s.
by greg24
Fri Oct 26, 2018 9:02 am
Forum: Personal Consumer Issues
Topic: What Memberships/Subscriptions Are Most Valuable To You?
Replies: 68
Views: 4782

Re: What Memberships/Subscriptions Are Most Valuable To You?

Freefun wrote:
Fri Oct 26, 2018 8:47 am
This forum.
Free and invaluable.
+9999999999999999 :sharebeer
by greg24
Thu Oct 25, 2018 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: When is moonlighting not moonlighting?
Replies: 22
Views: 1779

Re: When is moonlighting not moonlighting?

Definitely moonlighting. Pitching both companies in the same call goes beyond moonlighting. OK, what if they were separate calls? or E-mail calls only? I know i'm grasping at straws here... If they were separate calls, you'd only be violating the moonlighting language of your employment contract.
by greg24
Thu Oct 25, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: When is moonlighting not moonlighting?
Replies: 22
Views: 1779

Re: When is moonlighting not moonlighting?

Definitely moonlighting.

Pitching both companies in the same call goes beyond moonlighting.
by greg24
Wed Oct 24, 2018 10:49 am
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 25694

Re: PSA: Don't buy a big house

No one has mentioned my wife's objection to two-story foyers/great rooms and open floor plans of these McMansions: The noise is unbearable. Fire up a blender in the kitchen and the folks watching TV in a the great room can't hear the sound—even though it's often a different ZIP code. A friend has a...
by greg24
Wed Oct 24, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 92
Views: 12262

Re: Smart money bailing on the market, time to get out?

that's a good point; I actually was thinking of doing something along these line. Trouble is, when stocks started falling ten days ago, I thought of increasing my allocation to them as they seemed cheaper. Now I am thinking that Europe might get in a mess, and we might have a trade war etc so I am ...
by greg24
Wed Oct 17, 2018 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Approach to rescinding a job acceptance
Replies: 50
Views: 4097

Re: Approach to rescinding a job acceptance

A phone call as soon as possible. In-person would be tough and awkward.
by greg24
Tue Oct 02, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: My bank and absurd policy for "no fee"
Replies: 51
Views: 4311

Re: My bank and absurd policy for "no fee"

How about you keep $1000 in the account?
by greg24
Tue Oct 02, 2018 9:14 am
Forum: Personal Consumer Issues
Topic: Tipping
Replies: 55
Views: 4002

Re: Tipping

If you receive great service and would like to tip, feel free to tip.
by greg24
Mon Oct 01, 2018 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Where to keep emergency fund?
Replies: 15
Views: 1319

Re: Where to keep emergency fund?

Vanguard Prime Money Market is yielding 2.13% and has check-writing privileges.
by greg24
Mon Oct 01, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 9555

Re: Suze Orman - "I hate the FIRE movement."

I have zero respect for her thoughts and projections. Charlatan.
by greg24
Tue Sep 25, 2018 3:17 pm
Forum: Personal Consumer Issues
Topic: Electric Shaver/Beard Trimmer
Replies: 21
Views: 1851

Re: Electric Shaver/Beard Trimmer

I like Wahl products.
by greg24
Mon Sep 24, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to get $100k cash
Replies: 86
Views: 7742

Re: Best way to get $100k cash

If you want to get rid of the mortgage, just aggressively pay it over the next year. It will be gone in one year. Don't overthink it.
by greg24
Mon Sep 24, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Ripped off by a locksmith
Replies: 75
Views: 5776

Re: Ripped off by a locksmith

Most rules are out the window when you're expecting basically an emergency service after 10pm.

Be glad they came and got you in the house. At most, you were "ripped off" for $27.50, money that went to the guy you had woken up to answer your emergency.
by greg24
Mon Sep 24, 2018 9:38 am
Forum: Investing - Theory, News & General
Topic: Are Government Back Bonds or FDIC Insured accounts more at risk of Default?
Replies: 33
Views: 1794

Re: Are Government Back Bonds or FDIC Insured accounts more at risk of Default?

Default risk on either is very low.

More likely downside scenario is the printing presses are fired up and inflation takes off.