Search found 838 matches

by mathwhiz
Thu Jun 11, 2020 9:24 am
Forum: Personal Consumer Issues
Topic: What Size Home For A Family?
Replies: 87
Views: 5485

Re: What Size Home For A Family?

This is one of the most personal decisions that exist, but for the record, I agree with you. Most new builds are too big for me. Extra rooms to clean, everybody has their own hang out room in addition to the bedroom, so there is less family time... And I certainly don't understand having a formal d...
by mathwhiz
Mon Jun 08, 2020 9:13 pm
Forum: Investing - Theory, News & General
Topic: Markets back near all time highs - how are you feeling and path forward ?
Replies: 238
Views: 20955

Re: Markets back near all time highs - how are you feeling and path forward ?

The best theory I read for reduced recent deaths is those getting infected now are getting less viral load in their system likely due to social distancing, widespread mask usage, as well as some seasonal effect with warmer temperatures and higher humidity levels making outdoor exposure to the virus ...
by mathwhiz
Sat Jun 06, 2020 9:15 am
Forum: Personal Consumer Issues
Topic: To what Broadband Speeds do you Subscribe and Why?
Replies: 123
Views: 5901

Re: To what Broadband Speeds do you Subscribe and Why?

We live out in the country with no wired option for service. No Cable. No DSL. We use hughesnet satellite internet. Speeds are 25mbps/3mbps upload with a 50 GB monthly data cap then the speeds throttle down to 1 mbps-3 mbps. In practice, the satellite beams are congested so you never see the 25 mbps...
by mathwhiz
Fri Jun 05, 2020 5:05 pm
Forum: Investing - Theory, News & General
Topic: Market Euphoria?
Replies: 63
Views: 5061

Re: Market Euphoria?

The businesses being hurt badly are largely the very small mom and pops that are not publicly traded or are otherwise companies that have long been in financial distress....JC Penny, Hertz that have finally fallen into bankruptcy. The stock market as represented by the S&P 500 are the strongest larg...
by mathwhiz
Thu Jun 04, 2020 8:40 pm
Forum: Personal Consumer Issues
Topic: Need safe escape plan from New York
Replies: 37
Views: 2743

Re: Need safe escape plan from New York

Rent a car and plan a fun route stopping off at isolated rural national and state parks along the way. Bring a lot of lysol spray and disinfectant wipes and a mask and sanitize any hotel rooms and enjoy your trip!
by mathwhiz
Thu Jun 04, 2020 5:51 pm
Forum: Personal Investments
Topic: Nervous about market - pay off mortgage instead?
Replies: 71
Views: 4908

Re: Nervous about market - pay off mortgage instead?

We just refinanced to 2.625/15 year and hope to pay the house off within 5 years. It's an insurance policy for us to manage our cash flow since our jobs are such that we could be laid off as we approach 50 and our skills fall out of favor in the market (i.e. too expensive).
by mathwhiz
Mon Jun 01, 2020 12:12 pm
Forum: Personal Consumer Issues
Topic: Rural Internet Options
Replies: 25
Views: 1721

Re: Rural Internet Options

Have you tried an outside antenna with an inside signal booster? The whole set up and installation can cost a little bit of money but if you are located within 10 miles of a cellular tower there is usually a way to ensure adequate cellular reception at your home. I've seen people go from 1 bar and n...
by mathwhiz
Mon Jun 01, 2020 12:08 pm
Forum: Personal Consumer Issues
Topic: Rural Internet Options
Replies: 25
Views: 1721

Re: Rural Internet Options

I'll also check into the resellers, which even at $100/month would be worth it to eliminate the $150/month DirecTV bill. I've done some research on this but the companies I found didn't get very good reviews. There's usually a local electronics store in rural areas that installs TV antennas, antenn...
by mathwhiz
Mon Jun 01, 2020 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Who gets selected for layoffs?
Replies: 3
Views: 715

Who gets selected for layoffs?

There were unexpected layoffs in the company last week and everyone is on edge. Management was saying literally days before that everyone was safe and the company was strong. Apparently, they only found out from Corporate HR about the layoffs the morning they occurred and were blindsided as well. Fr...
by mathwhiz
Mon Jun 01, 2020 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Advice for Potential Relocation to West Palm Beach
Replies: 18
Views: 1333

Re: Advice for Potential Relocation to West Palm Beach

If you are buying a home really pay close attention to the age and condition of the home for hurricanes. New construction built after 2001 has an automatic discount for insurance. Older construction needs to be hardened and retrofitted with special inspections and roof tie downs to receive these hur...
by mathwhiz
Sun May 31, 2020 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Potentially Take Job Offer or Not
Replies: 17
Views: 1640

Re: Potentially Take Job Offer or Not

Maybe it is because I've been watching Netflix's Ozark but that was my first thought as well. Some shady things going on and possibly money laundering. Firing 2 controllers before No bueno. Look elsewhere unless you are prepared to be an FBI informant and take the company down for some big reward. ....
by mathwhiz
Sun May 31, 2020 7:51 pm
Forum: Personal Consumer Issues
Topic: Rural Internet Options
Replies: 25
Views: 1721

Re: Rural Internet Options

Hotspots on your current phone is probably the most economical. If you need more data, there are internet resellers that sell unlimited plans from all the major carriers including T Mobile with LTE/wifi routers. They can be pricey as service is over $100 a month but you can use hundreds of gigabtyes...
by mathwhiz
Sun May 31, 2020 9:56 am
Forum: Investing - Theory, News & General
Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
Replies: 233
Views: 19298

Re: “WHEN YOU'VE WON the game, stop playing with the money you really need.”

The Vanguard Wellington Income fund at 60% Bonds and 40% stocks has some extraordinary long term returns as well as low fees for its risk profile. I would feel comfortable having a large portion of my money in it if I have already won the game.
by mathwhiz
Sun May 31, 2020 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Pros/Cons on Retiring to Florida Gulf Coast & Recommended Areas Input Please
Replies: 33
Views: 3609

Re: Pros/Cons on Retiring to Florida Gulf Coast & Recommended Areas Input Please

Yes, some states such as New York are very aggressive at investigating seasonal residents who say they live in Florida 6 months +1. They will demand utility bills, flight records, medical records for doctor appointments to prove you actually live in Florida. I think being in Florida 6 months +1 day ...
by mathwhiz
Sat May 30, 2020 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Pros/Cons on Retiring to Florida Gulf Coast & Recommended Areas Input Please
Replies: 33
Views: 3609

Re: Pros/Cons on Retiring to Florida Gulf Coast & Recommended Areas Input Please

Here are a few places that haven't been discussed you might think about. Marco Island south of Naples has a large beach condo market with reasonable valuations and when you are not using your condo some places allow you to rent them out weekly or monthly. There is still seasonable demand in the hot ...
by mathwhiz
Fri May 29, 2020 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage rates headed lower?
Replies: 69
Views: 7609

Re: Mortgage rates headed lower?

1000 times yes. We just refinanced a 15 year/2.625%. It was a 2 months ordeal with endless delays because of the pandemic and problems getting an appraisal. NEVER EVER AGAIN. At this point, every .125% only saves me $10 a month. Even at 2.0%, I'm only saving $50 a month. It would have to get to <1.0...
by mathwhiz
Mon May 25, 2020 12:22 pm
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 13084

Re: S&P500 vs World Performance

Bogle Had a Point on International Stocks

Vanguard's founder didn't see the need for them, and the markets haven't shown reason to suggest he was wrong.

https://www.morningstar.com/articles/97 ... nal-stocks
by mathwhiz
Sun May 24, 2020 7:41 pm
Forum: Personal Consumer Issues
Topic: Does software play a role in choosing TV
Replies: 28
Views: 1428

Re: Does software play a role in choosing TV

If you own a Samsung Galaxy smartphone, having a samsung smart tv makes displaying content on the TV seemless. They have a smart view function where you can easily show family pictures or videos onto the tv (also any video content from the phone youtube, netflix, amazon, etc.).
by mathwhiz
Sun May 24, 2020 3:06 pm
Forum: Investing - Theory, News & General
Topic: El-Erian comments on the crisis
Replies: 63
Views: 6873

Re: El-Erian comments on the crisis

From what I read, high temperature, high humidity, and UV sunlight limits the transmission of coronaviruses in general although research into COVID19 and temperature has been more inconclusive. The problem is that because COVID19 is a novel virus and there is no immunity in the general population th...
by mathwhiz
Sun May 24, 2020 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: What do people spend money on?
Replies: 52
Views: 5154

Re: What do people spend money on?

Let's say you had a net worth of $20M and didn't have to work, how would your life be different? That's what I would think about a lot. What net worth do you need to fufill your life goals and something to retire to. And then execute a plan to reach that number and retire.
by mathwhiz
Sun May 24, 2020 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 370
Views: 31179

Re: The axe falls and I am prepared. What's next?

It sounds like you don't want to work. Almost every suggestion to work is responded by no, I can't, I don't want to, and so on and so forth. I think you know you want to retire and you have a seven figure portfolio so accept you won the game and retire. If you need to manage your cash flow, that may...
by mathwhiz
Sat May 23, 2020 8:36 pm
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 97
Views: 7896

Re: NJ property taxes too high. What are my alternative states?

It depends on the age of your house and your proximity to water. Newer homes 10 miles inland away from the flood zones have very reasonable premiums. Waterfront homes and oceanfront condos can be pricey. Florida. You save on property taxes, no state income taxes, and there are many affordable home a...
by mathwhiz
Sat May 23, 2020 5:28 pm
Forum: Investing - Theory, News & General
Topic: El-Erian comments on the crisis
Replies: 63
Views: 6873

Re: El-Erian comments on the crisis

The big question is if there is a second wave in the Fall. Dr. Fauci says it is likely that this will become a seasonal virus and Brazil and South America are quickly becoming the hotspots of the World as their Winter approaches. We might get a recovery in the summer and people let their guards down...
by mathwhiz
Sat May 23, 2020 5:24 pm
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 97
Views: 7896

Re: NJ property taxes too high. What are my alternative states?

Florida. You save on property taxes, no state income taxes, and there are many affordable home areas. Favorite areas of mine are St. Augustine and Sarasota.
by mathwhiz
Sat May 23, 2020 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Designing a Better Life At Age 40
Replies: 15
Views: 2741

Re: Designing a Better Life At Age 40

Look into remote work options with your current employer for a lateral or other kind of job, even with a substantial paycut. The old rules are being re-written because of the pandemic. Just be honest and upfront when you finally decide you are doing this and say, I need to move closer to my wife's f...
by mathwhiz
Fri May 22, 2020 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 370
Views: 31179

Re: The axe falls and I am prepared. What's next?

If you would like to work, you can choose to be picky right now. There is a HUGE revolutionary change right now towards remote work in IT. I'd look online for jobs you can do in the comfort of your own home. You have a huge nationwide job search to look at as a remote employee and you are in a posit...
by mathwhiz
Wed Apr 29, 2020 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Our company just closed our regional office permanently
Replies: 35
Views: 5457

Re: Our company just closed our regional office permanently

I think some manufacturing may come back but it will be through laws and mandates by the government. The coronavirus has showed that too much of our supply chain in important pharmaceuticals, PPE, testing reagents, ventilators are tied up in an overseas supply chain that is a national security risk....
by mathwhiz
Wed Apr 29, 2020 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Our company just closed our regional office permanently
Replies: 35
Views: 5457

Re: Our company just closed our regional office permanently

I absolutely hate working from home and I don't think I'm the only one. I don't know what the net result will be, but I don't think a dramatic shift toward WFH is going to be simple for companies to navigate from a recruiting standpoint for a lot of mid to late-career white collar jobs. I would hav...
by mathwhiz
Wed Apr 29, 2020 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Our company just closed our regional office permanently
Replies: 35
Views: 5457

Our company just closed our regional office permanently

We are now all 100% remote work from home employees. I'm happy to have my job but a little anxious about how this set up will play out long term for the organization and my career. I think promotion options will now be further consolidated in the home office where people will still meet and congrega...
by mathwhiz
Fri Apr 24, 2020 1:00 pm
Forum: Personal Consumer Issues
Topic: lawn care cost
Replies: 107
Views: 10405

Re: lawn care cost

$60 a trip for a multi acreage property, although only about 1 acre to mow including edging and weed eating along the entire property fence line. 1 guy on a zero turn mower and gas powered weed wacker does it all in about 90 minutes. I don't get too picky about the grass. We live rural so only call ...
by mathwhiz
Mon Apr 20, 2020 11:36 am
Forum: Personal Finance (Not Investing)
Topic: No longer desiring promotion - change career?
Replies: 43
Views: 2898

Re: No longer desiring promotion - change career?

This is all very normal and healthy reaction to work for people as they age and their priorities change with family and kids. Not everyone wants to climb the corporate ladder anymore. And that's expected! Organization and compensation charts are like a pyramid structure. As you climb the pyramid, fe...
by mathwhiz
Mon Apr 20, 2020 11:08 am
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 52164

Re: How Is Your Job Being Impacted By The Current Crisis?

The biggest change has been going on full time telework. I kind of like it saving a lot of time and money on not having a commute and being disconnected from petty office gossip and dramas. I'm hoping this flexible telework policy continues after the virus has subsided as it could be a win-win for e...
by mathwhiz
Mon Apr 20, 2020 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Laid off!!
Replies: 71
Views: 10331

Re: Laid off!!

As the suits say, never let a good crisis go to waste. A lot of employers are considering drastic layoffs and right sizing their organization under the pretense and cover of corona virus, including companies that have been poorly run for years especially larger retailers that they think now is a goo...
by mathwhiz
Fri Mar 13, 2020 7:27 am
Forum: Investing - Theory, News & General
Topic: Mortgage Rates Are Taking an Utter Beating
Replies: 1
Views: 548

Mortgage Rates Are Taking an Utter Beating

It looks like there is lack of demand for mortgage backed securities along with banks/lenders overloaded with inquiries giving way to a perfect storm. Mortgage rates are up to 0.75% higher than last week! There appears to have been a very short window of the record rates before it all closed down. h...
by mathwhiz
Fri Mar 06, 2020 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 2613
Views: 209114

Re: Refinance Mega Thread

locked at 2.625% 15 year refinance with a local mortgage broker, no points, no fees. used them before. no nonsense and most importantly i get a free 45 day lock period where I can float down any time if rates decrease. I'm hoping I can get lower but happy where I am if this is best I can get. I sugg...
by mathwhiz
Tue Dec 24, 2019 8:07 pm
Forum: Personal Investments
Topic: In or Near Retirement with Only Six Figures?
Replies: 126
Views: 15606

Re: In or Near Retirement with Only Six Figures?

The vast majority of people do not retire with a 7 figure portfolio and a significant percentage don't even retire with a 6 figure one. They pretty much "make it work" between social security, savings, any pensions, or part-time employment. Some have large equity gains in their home they are able to...
by mathwhiz
Sun Dec 15, 2019 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: FEHB - GEHA Elevate plans
Replies: 9
Views: 773

Re: FEHB - GEHA Elevate plans

Prescription drugs for chronic conditions seem to be the biggest cost driver for GEHA, BCBS,etc. Almost all the cheaper plans have skimpy drug benefits that would disadvantage those that require monthly drugs.
by mathwhiz
Sat Dec 14, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Gifts to your employees- how much?
Replies: 113
Views: 7367

Re: Gifts to your employees- how much?

It's different if you are the owner of a company and worth millions. Gifts are effectively a year end bonus then. But a typical run of the mill manager in a large corporation or other business that doesn't own the company? Managers can early anywhere from $70k to 6 figures. It's a wide range. Then y...
by mathwhiz
Wed Dec 11, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: Sell current home, down size and purchase a vacation condo?
Replies: 34
Views: 2952

Re: Sell current home, down size and purchase a vacation condo?

Gainesville isn't on a lot of people's radars because they've never been there, only vaguely know it is where UF is. Parts are swampy. Parts are like living in a forest. And the outskirts and rural counties surrounding it have springs and other state parks as well as agriculture. For a lot of people...
by mathwhiz
Sun Dec 08, 2019 6:52 pm
Forum: Personal Consumer Issues
Topic: Mounting a tv over the fireplace
Replies: 54
Views: 3521

Re: Mounting a tv over the fireplace

You can get fully reclined theater seating to make the TV above the fireplace work for you. No neck strain and very comfortable. Something like this. https://cityfurniture.scene7.com/is/image/CityFurniture/G1909719971R00?wid=950&hei=640&fmt=jpeg&qlt=85,0&op_sharpen=0&resMode=sharp2&op_usm=1,1,8,0&ic...
by mathwhiz
Sun Dec 08, 2019 3:52 pm
Forum: Investing - Theory, News & General
Topic: Jason Zweig in Today's WSJ Discusses Target Retirement Funds
Replies: 56
Views: 9148

Re: Jason Zweig in Today's WSJ Discusses Target Retirement Funds

I train my employees on the retirement plans in our organization and always ask them in the beginning of training what their financial knowledge is and if they have read books about investments and know what the difference is between mutual funds, index funds, and asset allocation. Their eyes glaze ...
by mathwhiz
Sun Dec 08, 2019 3:36 pm
Forum: Investing - Theory, News & General
Topic: Wall Street bets international stocks will top US equities in 2020 after a decade-long slump
Replies: 189
Views: 16135

Re: Wall Street bets international stocks will top US equities in 2020 after a decade-long slump

I have about 55% TSM, 15% SV, 30% International split between developed and emerging markets. I tend to think with currency risk that some International is appropriate for diversification purposes but more than 30% or a global market weight is not appropriate for me. I kind of just picked 30% out of...
by mathwhiz
Sun Dec 08, 2019 11:55 am
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Leveraging when young
Replies: 964
Views: 88969

Re: Lifecycle Investing - Leveraging when young

As someone that trains on the retirement plans in my organization, I find the vast majority of our employees have little to no interest and are not capable of managing their 401k plans. The lifecycle plans are like investment for dummies. They are easy, automatic, and should generate acceptable retu...
by mathwhiz
Sun Dec 08, 2019 11:49 am
Forum: Investing - Theory, News & General
Topic: Wall Street bets international stocks will top US equities in 2020 after a decade-long slump
Replies: 189
Views: 16135

Re: Wall Street bets international stocks will top US equities in 2020 after a decade-long slump

I know it isn't popular but if people just had 1 ETF linked to the S&P 500 and set it and forget it, they'd do very well over the past decades. Sometimes it doesn't have to be that complicated. Years ago Bogle was dead against intl He didn't think it was necessary, but that people should look at it ...
by mathwhiz
Sun Dec 08, 2019 11:43 am
Forum: Personal Consumer Issues
Topic: Sell current home, down size and purchase a vacation condo?
Replies: 34
Views: 2952

Re: Sell current home, down size and purchase a vacation condo?

Gainesville is in the middle of the state in a literal "swamp" so to speak filled with gators. It's the last place you want to be in the summer. At least the coastal areas in FL have the beach and ocean breeze but the interior of the state is in the 90's with extremely high humidity from about May t...
by mathwhiz
Sat Dec 07, 2019 10:30 pm
Forum: Investing - Theory, News & General
Topic: Unemployment rate
Replies: 37
Views: 2298

Re: Unemployment rate

The Job Quality Index has a white paper on their website with extensive data explaining their rationale. I haven't had the time to research it fully but it might be interesting reading if you want to get into the weeds how they come to their conclusions. https://www.jobqualityindex.com/ Polls show 6...
by mathwhiz
Sat Dec 07, 2019 6:50 pm
Forum: Investing - Theory, News & General
Topic: Unemployment rate
Replies: 37
Views: 2298

Re: Unemployment rate

Polls show 60% of Americans say the quality of their jobs are poor to medicore according to Gallup. It's speculated a lot of discouraged workers are living or "mooching" if you choose to be pejorative off of government or family assistance because job quality is low. https://www.cbsnews.com/news/une...
by mathwhiz
Sat Dec 07, 2019 6:40 pm
Forum: Investing - Theory, News & General
Topic: Unemployment rate
Replies: 37
Views: 2298

Re: Unemployment rate

Not necessarily if people are having to cobble together and work 2 or 3 low wage, low hour jobs to make ends meat in this new hustle/side gig economy. That seems to conflict with the fact that inflation-adjusted median household income has grown 13% since 1990. If the majority of new jobs offered po...
by mathwhiz
Sat Dec 07, 2019 6:30 pm
Forum: Investing - Theory, News & General
Topic: Unemployment rate
Replies: 37
Views: 2298

Re: Unemployment rate

Unemployment isn't the entire story. Academics are now researching "job quality" and the results show a fundamental change in the types of jobs the country has produced over the last 30 years. https://www.cbsnews.com/news/american-jobs-are-getting-worse-according-to-a-new-economic-measure/ "In 1990,...
by mathwhiz
Sat Dec 07, 2019 4:32 pm
Forum: Investing - Theory, News & General
Topic: Wall Street bets international stocks will top US equities in 2020 after a decade-long slump
Replies: 189
Views: 16135

Wall Street bets international stocks will top US equities in 2020 after a decade-long slump

I always hate to agree with these Wall Street bets stories because they always seem to be wrong and are likely a good contra indicator, see the endless recession predictions from 2017 and earlier this year, but the data does suggest that international stocks are way undervalued compared to US stocks...