Search found 799 matches

by mathwhiz
Sun Dec 08, 2019 6:52 pm
Forum: Personal Consumer Issues
Topic: Mounting a tv over the fireplace
Replies: 54
Views: 2916

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: 8822

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: 65
Views: 4515

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: 662
Views: 50345

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: 65
Views: 4515

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: 19
Views: 1380

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: 2056

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: 2056

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: 2056

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: 2056

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: 65
Views: 4515

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...
by mathwhiz
Sat Dec 07, 2019 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Quantifying the value of employment near retirement
Replies: 64
Views: 2933

Re: Quantifying the value of employment near retirement

A lot of threads on this board are geared toward those that want an active retirement with a lot of travel and other activities that cost money. But with a paid off house in a low cost of living area, a lazy retirement can be done fairly cheaply. The biggest risks being health care and long term car...
by mathwhiz
Sat Dec 07, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Quantifying the value of employment near retirement
Replies: 64
Views: 2933

Re: Quantifying the value of employment near retirement

This is actually quite common. A lot of retirees don't like to travel because they have animals to take care of or are homebodies or hate flying and the hassles. I've read statistics that a shockingly low percentage of Americans have ever even been outside the United States. A lot of people don't re...
by mathwhiz
Mon Dec 02, 2019 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: High income and college costs question
Replies: 317
Views: 13578

Re: High income and college costs question

Engineers sometimes lack the "soft" skills necessary to get into the C suite. You need to be able to sell. Sell yourself. Sell your company. Sell your product. Sell. Sell. Sell. It's a different skill set. It's like asking an aeronautical engineer or computer scientists to run for Congress or star i...
by mathwhiz
Mon Dec 02, 2019 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: High income and college costs question
Replies: 317
Views: 13578

Re: High income and college costs question

The best merit scholarship if you are high income and have an exceptionally bright child is to heavily prep for the PSAT test/National Merit Scholarship contest. Dozens of Schools offer completely free 100% tuition and room and board for National Merit Semifinalists and Finalists. The only downside ...
by mathwhiz
Sun Dec 01, 2019 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: How not to feel poor...
Replies: 57
Views: 8530

Re: How not to feel poor...

As they say happy wife, happy life. Also, since she is the one bringing home the bacon with you currently unemployed, it's time to take some cues from her. Make her happy or she might become resentful and all that money won't mean much when you have to give half of it up in a divorce. She wants to t...
by mathwhiz
Sun Dec 01, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: High income and college costs question
Replies: 317
Views: 13578

Re: High income and college costs question

Haha. If I had to do it again, I'd have picked lazy mathwhiz as my username. I could do the math but didn't want to do the work. I liked what came easiest to me so I majored in finance.
I like your username.
+1
cognitive dissonance.
by mathwhiz
Sun Dec 01, 2019 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: High income and college costs question
Replies: 317
Views: 13578

Re: High income and college costs question

I remember taking Calculus and Physics in high school and knew there was no possible way I could ever be an engineer. I did well but struggled through both classes and hated them. So a Business major it was for me. I had no problem doing Business Calculus or Statistics because it was applied to tang...
by mathwhiz
Sun Dec 01, 2019 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: How not to feel poor...
Replies: 57
Views: 8530

Re: How not to feel poor...

Remember you can use that $600k in equity in your home if you so desire. Sell and move to a low cost of living area and buy a $200k townhome or smaller house and add the $400k into the kitty for travel/fun whatever. It's enough money to travel smartly for months on end if you so desire renting vacat...
by mathwhiz
Sun Dec 01, 2019 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: High income and college costs question
Replies: 317
Views: 13578

Re: High income and college costs question

The US government recently published a college scorecard of first-year earnings of college graduates for the first time broken by school and major. The information is collected from federal tax return data of those who took out federal loans and pell grants in the year after graduation. It's an inco...
by mathwhiz
Sun Dec 01, 2019 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: How not to feel poor...
Replies: 57
Views: 8530

Re: How not to feel poor...

Maybe the layoff is affecting your self-confidence and causing your emotional state and a case of the blahs. It sounds to me like you have a net worth of $2.2 Million including your paid off home and $1.6 Million in investments with income of $95k with dividends covering $45k in expenses. So what is...
by mathwhiz
Sat Nov 30, 2019 6:15 pm
Forum: Personal Consumer Issues
Topic: Yet Another Retiring to Florida Thread - Pros/Cons
Replies: 50
Views: 4434

Re: Yet Another Retiring to Florida Thread - Pros/Cons

I never really understood the big deal about heat/humidity. Do your outdoor activities in the morning or early evening during the summers and spend the hottest part of the day at the pool or beach or inside with the AC. Most working age people are inside during the day anyway. Much better than being...
by mathwhiz
Sat Nov 30, 2019 5:54 pm
Forum: Personal Consumer Issues
Topic: Florida Tech?
Replies: 11
Views: 933

Re: Florida Tech?

Yeah, UF is not the party school of decades ago and not necessarily even a fun place to go to school anymore especially in STEM where the most lucrative job offers are. I hear about lots of students very stressed out with their studies with more depression, anxiety than ever before. Introductory cla...
by mathwhiz
Sat Nov 30, 2019 4:53 pm
Forum: Personal Consumer Issues
Topic: Yet Another Retiring to Florida Thread - Pros/Cons
Replies: 50
Views: 4434

Re: Yet Another Retiring to Florida Thread - Pros/Cons

As far as big deal serious medical issues like you have cancer or need heart surgery, have some kind of unusual or specialized illness, UF Shands in both Gainesville and Jacksonville, Mayo Clinic in Jacksonville and Moffit (Speciality Cancer Hospital) in Tampa are among the best in the state. They a...
by mathwhiz
Sat Nov 30, 2019 4:47 pm
Forum: Personal Consumer Issues
Topic: Florida Tech?
Replies: 11
Views: 933

Re: Florida Tech?

Engineering is engineering at most schools. It doesn't make that big a difference. If you can get a degree with internships, you're almost guaranteed a high paying job at conclusion. The most important thing is "fit" and where you think you can succeed. That doesn't necessarily mean going the highes...
by mathwhiz
Sat Nov 30, 2019 4:41 pm
Forum: Personal Consumer Issues
Topic: Yet Another Retiring to Florida Thread - Pros/Cons
Replies: 50
Views: 4434

Re: Yet Another Retiring to Florida Thread - Pros/Cons

Other than the immediate coastline and river where there were some surge issues, none of those hurricanes gave Jacksonville more than tropical storm or Cat 1 winds. They weren't direct hits and the last direct hit of any kind in Jacksonville was more than 50 years ago and it wasn't a major hurricane...
by mathwhiz
Fri Nov 29, 2019 11:49 am
Forum: Personal Consumer Issues
Topic: Yet Another Retiring to Florida Thread - Pros/Cons
Replies: 50
Views: 4434

Re: Yet Another Retiring to Florida Thread - Pros/Cons

Pool cages are a practical thing in Florida. They are more common inland than near the beaches however. For one thing, It's required by law and for your insurance to have the pool enclosed in some manner either by cage or fence. A lot of people do the cage because it turns the outdoor living space i...
by mathwhiz
Fri Nov 29, 2019 9:59 am
Forum: Personal Consumer Issues
Topic: Yet Another Retiring to Florida Thread - Pros/Cons
Replies: 50
Views: 4434

Re: Yet Another Retiring to Florida Thread - Pros/Cons

Florida and Sarasota is great but there are also other nice areas on the east coast such as St. Augustine, Jupiter, Vero Beach, Melbourne Beach. Almost, all of your "cons" are less of a factor north of Cape Canaveral as a major hurricane has never struck land there because of the odd shape of the Fl...
by mathwhiz
Thu Nov 28, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Friendly States
Replies: 385
Views: 23741

Re: Retirement Friendly States

The estate tax can be a major issue if you have a lot of money. It's why the rich continue to stream down from New York to Florida. Why pay New York 16% if you can help it? For all the talk about Florida's summers, I find them a lot more tolerable than winter up north. I hate cold weather and find m...
by mathwhiz
Thu Nov 28, 2019 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Fun jobs
Replies: 14
Views: 2353

Re: Fun jobs

I have a lot of hobbies and interests but they don't necessarily relate to "fun" jobs. Maybe I'm a boring person but these are the things I enjoy doing. I'm a large consumer of news and follow current events and politics closely but there's not a job for someone that likes to watch TV all day and tw...
by mathwhiz
Wed Nov 27, 2019 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Have $3m at 33, "approach to career" advice needed
Replies: 153
Views: 34677

Re: Have $3m at 33, "approach to career" advice needed

There's probably good reason for this. Life happens. Layoffs happen. Markets crash. Marriages end. People get sick and/or die unexpectedly. Security is precious and valuable. People on this site are VERY conservative. OP has millions in the bank and a proven ability to generate more and the advice f...
by mathwhiz
Wed Nov 27, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: New job opportunity, tough decision
Replies: 54
Views: 3854

Re: New job opportunity, tough decision

What's your Plan B if the manufacturing job doesn't work out? It's important to always game out these scenarios. Are your relationships good with your present employer to come back if this new job goes bad? Sometimes you have to take certain calculated risks. The management experience may open up do...
by mathwhiz
Tue Nov 26, 2019 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Career Decision [Federal employee]
Replies: 18
Views: 1747

Re: Career Decision [Federal employee]

If you are single with no dependents, maybe it's time to go on an adventure. There are federal positions open on USA Jobs in all 50 states and internationally, many of which will pay your full relocation costs. If you've always wanted to move to someplace new and turn the page, now might be the best...
by mathwhiz
Mon Nov 25, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Friendly States
Replies: 385
Views: 23741

Re: Retirement Friendly States

Florida is of course hot and humid but there are parts of north Florida with a more temperate climate such as Jacksonville and St. Augustine. This part of the state also rarely experience direct hits from hurricanes and has never experienced a major hurricane in recorded history because the inward s...
by mathwhiz
Mon Nov 25, 2019 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: College for average kids
Replies: 123
Views: 13151

Re: College for average kids

Was this a result of personal problems or poor career choices? It seems going to those schools should open many lucrative career paths if you are open to them. Exactly. My younger sister - valedictorian, Ivy League and then Oxford and NYU for grad school - is 35, working at a cafe and trying to lear...
by mathwhiz
Tue Nov 19, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: College for average kids
Replies: 123
Views: 13151

Re: College for average kids

It's my experience that most on-campus recruiters put more priority on well-rounded candidates, especially those with relevant work experience/internships and campus leadership over GPA. I've seen plenty of book smart high GPA kids lack the internships/work experience for whatever reason get a rude ...
by mathwhiz
Tue Nov 19, 2019 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: College for average kids
Replies: 123
Views: 13151

Re: College for average kids

Did the parents of average kids who had difficulties in high school/college and the ones who went to elite schools know their child's trajectory from an early age? Were the elite kids identified as "gifted" and high performing in elementary school? Our 6th grader just started middle school and has a...
by mathwhiz
Mon Nov 18, 2019 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Blue Cross Standard versus Basic
Replies: 66
Views: 26961

Re: Federal Blue Cross Standard versus Basic

We've found the GEHA standard plan is similar in benefits and coverage to the Blue Cross Standard plan yet costs hundreds less a month. It's a great value if all your doctors are in network but there is also out of network coverage. GEHA is basically a patch work of PPO providers that GEHA contracts...
by mathwhiz
Sun Nov 17, 2019 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Buy home with cash? vs. Loan options.
Replies: 21
Views: 1656

Re: Buy home with cash? vs. Loan options.

I'm not familiar with California law but some states such as Florida have very aggressive homestead protections where you can shield wealth in your homestead if you face a lawsuit or judgment, e.g. an at fault car accident with fatalities. It's an added consideration if you have the means to pay for...
by mathwhiz
Sun Nov 17, 2019 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Where to live post-FIRE - taxes, ACA offerings, asset protection, weather
Replies: 6
Views: 1322

Re: Where to live post-FIRE - taxes, ACA offerings, asset protection, weather

The St. Augustine/Ponte Vedra Beach area of Florida might work for you. Jacksonville has 2 top ranked hospitals with Mayo Clinic and UF Shands for serious health needs. There's the beach nearby for recreation and that part of Florida rarely experiences hurricanes. There's no getting around a good 6 ...
by mathwhiz
Sun Nov 17, 2019 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: What household income is considered "comfortable" where you live?
Replies: 10
Views: 1419

What household income is considered "comfortable" where you live?

I guess everyone will have a different definition of comfortable. I define it as solidly upper middle class. You are able to own a nice single family home in a good school district. You are able to eat out and take a family vacation each summer and not sweat the small stuff like an unexpected car re...
by mathwhiz
Sun Nov 10, 2019 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: New Job, Depressed, Money issues
Replies: 89
Views: 11919

Re: New Job, Depressed, Money issues

Well, good luck. You don't really have to give an explanation. You can simply say you have accepted another job offer that is a better fit for you and your family. If you feel you have to say anything, you can also say that you've never worked in a startup before and that the job/learning curve was ...
by mathwhiz
Sun Nov 10, 2019 11:37 am
Forum: Personal Consumer Issues
Topic: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?
Replies: 64
Views: 6611

Re: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?

As I said earlier: NEVER EVER EVER take a pay cut unless you are leaving a bad situation like a toxic work environment, bad performance and impending firing, layoffs, unethical/illegal work, etc. Looks like there are systemic issues at the company that could cause questions about whether it remain a...
by mathwhiz
Sat Nov 09, 2019 10:46 pm
Forum: Personal Consumer Issues
Topic: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?
Replies: 64
Views: 6611

Re: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?

I'm of the view that you have to suck it up buttercup and make the best of your situation. You left your cushy job for this job taking a LARGE SALARY REDUCTION because you are bored and wanted to learn new skills. People don't take large salary reductions and leave because they are happy. So learn t...
by mathwhiz
Sat Nov 09, 2019 9:58 am
Forum: Personal Consumer Issues
Topic: How bad business travel is?
Replies: 62
Views: 5275

Re: How bad business travel is?

I wouldn't mind the business travel if it was somewhat interesting. No international. Rarely do I fly out of state other than at most a few times a year for a conference or meeting at headquarters. But at least 25% of my time I am on the road as a District Director visiting our field offices in stat...
by mathwhiz
Sat Nov 09, 2019 9:46 am
Forum: Personal Consumer Issues
Topic: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?
Replies: 64
Views: 6611

Re: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?

Don't be a flakey and quit after two weeks to return to your old boss. That just reflects poorly on you. You made your decision. Now live with it a little while to learn as much as possible and teach yourself a lesson not to do this again! You should give your new employer at least 6 months before y...
by mathwhiz
Tue Nov 05, 2019 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: New Job, Depressed, Money issues
Replies: 89
Views: 11919

Re: New Job, Depressed, Money issues

Yeah, this is the wrong approach. If you are legitimately interested in employer B, you need to schedule a meeting and have a frank conversation about what is expected of you. That you need a more peaceful and less stressful environment for your mental health. Have you considered looking at Governme...
by mathwhiz
Tue Nov 05, 2019 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: New Job, Depressed, Money issues
Replies: 89
Views: 11919

Re: New Job, Depressed, Money issues

Have you talked to your supervisor about sending you to a week or two of outside training to bring your skills up to speed? 80 hours of boot camp somewhere. If you are obviously flailing about, this is the least they can do and if they reject your request and fire you, well then you are let off the ...
by mathwhiz
Sun Nov 03, 2019 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: New Job, Depressed, Money issues
Replies: 89
Views: 11919

Re: New Job, Depressed, Money issues

Stick to it. If you get fired from this job, and the next, I promise you'll be on sound footing for the the 3rd job. '' This. Make. Them. Fire. You. Collect the paychecks and LEARN as much as possible for the next job. I don't know how to psychologically help you but maybe if you consider that this...
by mathwhiz
Sun Nov 03, 2019 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: New Job, Depressed, Money issues
Replies: 89
Views: 11919

Re: New Job, Depressed, Money issues

Have you talked with your supervisor about training? Sending you to "boot camp" for a week or two to get your skills up to speed? Hiring and then firing you reflects poorly on your supervisor. It makes it seem he made a bad choice in hiring. It reflects badly on the organization in that it can't tra...