Search found 559 matches

by Texanbybirth
Fri Oct 06, 2017 3:32 pm
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15536

Re: Bogle himself is saying we will expect like 3% for the next decades

3% is what I have in my spreadsheet. If we get that, we're golden. If we get more, GREAT.
by Texanbybirth
Fri Oct 06, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: personal capital
Replies: 19
Views: 2010

Re: personal capital

One of the things I don't like about their new scenario organizer is that planning for college expenses was downgraded. I used to be able to account for future children in my planning, but now all birth dates must be prior to the current date. It has messed up my retirement analyzer because I can no...
by Texanbybirth
Thu Oct 05, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11148

Re: Millionaire Next Door (Thank you Bogleheads)

Congratulations!

(It's great to have a place like this to anonymously celebrate milestones.)
by Texanbybirth
Thu Oct 05, 2017 3:16 pm
Forum: Personal Consumer Issues
Topic: Is the new Chevy Equinox any good?
Replies: 58
Views: 5477

Re: Is the new Chevy Equinox any good?

People tend to take CR way too seriously. Plus it's not absolute reliability, it's all relative to other cars that year. So the fact that cars have gotten much more reliable over the last 10 to 20 years doesn't show up in the CR rankings. A bad reliability in 2017 could very well be much better tha...
by Texanbybirth
Thu Oct 05, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: How much worth house should one buy?
Replies: 73
Views: 4156

Re: How much worth house should one buy?

This is a timely thread. I was just looking at "dream" homes this morning that would cost 50% more than our current home. Although they have some of the amenities we'd prefer (a jetted tub in the master, acreage, one more bedroom), there was no reason for me to look this morning other than an almost...
by Texanbybirth
Thu Oct 05, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: That blank stare... ?
Replies: 49
Views: 2881

Re: That blank stare... ?

I can honestly say my wife is very appreciative that I take care of the investing. We discuss it only occasionally as I even get bored talking about it most of the time. Yep, exactly. I can read Bogleheads for a while at my desk before I get bored, but when I start talking out loud about investing/...
by Texanbybirth
Thu Oct 05, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: That blank stare... ?
Replies: 49
Views: 2881

Re: That blank stare... ?

I can honestly say my wife is very appreciative that I take care of the investing. We discuss it only occasionally as I even get bored talking about it most of the time. Yep, exactly. I can read Bogleheads for a while at my desk before I get bored, but when I start talking out loud about investing/...
by Texanbybirth
Wed Oct 04, 2017 2:43 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 50
Views: 6295

Re: MoviePass-Too good to be true, but it's legit.

I read a USAToday (I know) article a while back. Apparently this was founded by a former Facebook/Amazon/some other amazing company guy. He flat out said in the article that it'll be a loss on the face for them, but they'll eventually sell the data they collect to interested parties. I'm guessing he...
by Texanbybirth
Mon Oct 02, 2017 7:17 am
Forum: Personal Consumer Issues
Topic: Phone Techies .....
Replies: 32
Views: 2449

Re: Phone Techies .....

I have an iPhone 6s + which is I like very much but I plan to gift and I also wanted something smaller to tide me over for awhile. The iPhone X is smaller but not yet available and terribly pricey. I very, very rarely use a cell phone for phone calls due to my extreme hearing loss but its improved ...
by Texanbybirth
Fri Sep 29, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 333
Views: 20258

Re: Iphone X is $1000

The phone comes with earphones and a cable and a charger. Not sure how that’s silly money. You’re not being fair. The phone comes with one cable. They don’t last forever, and are expensive. Additionally, I need a cable for the car, one for the office, one for my bedroom, and then one to replace the...
by Texanbybirth
Fri Sep 29, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: I am in the investment advice industry and I'm not sure if I provide any value
Replies: 67
Views: 6432

Re: I am in the investment advice industry and I'm not sure if I provide any value

1. Offer holistic financial advice - In addition to investment advice, offer financial planning. If you just offer investment planning, the roboadvisors are much cheaper and frankly will do a better job over time. Yes, this is where the industry is heavily trending, especially for younger investors...
by Texanbybirth
Thu Sep 28, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 6010

Re: My Smartest Financial Moves

Married the girl who is now my wife. Got my CPA license. LBYM - so many people around us struggling mightily due to this. I don't feel like I've been in the "game" long enough to see the fruit of any other moves e.g. putting down 20% down on our house, saving 15% toward retirement, having an emergen...
by Texanbybirth
Thu Sep 28, 2017 10:52 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 14659

Re: Why do you LBYM? Why do you save and invest?

I've found that I enjoy my job more the more I don't need it. That's a great line. I save to provide for my family in the event of my sudden demise, to eventually quit working (retire?), to provide my future self with spending power from my current self as opposed to spending my future self's money...
by Texanbybirth
Thu Sep 28, 2017 10:11 am
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6488

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

I don't understand the analysis. To buy on the dip, you need cash. Are they holding cash, selling treasuries or what? They aren't just looking at the stock portion of their returns and ignoring the lowered returns from the cash/ fixed income part are they? In replies to his post, the author states ...
by Texanbybirth
Wed Sep 27, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 77
Views: 9671

Re: My boneheaded financial mistakes

Bought a used 2014 Honda Odyssey even after test-driving it and having some reservations about it's condition. I took it to my mechanic (after purchasing it) and he kindly informed me that I had made a mistake. We traded it in for a new minivan, to the tune of a $4k loss. We don't talk about that on...
by Texanbybirth
Mon Sep 25, 2017 10:57 am
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 317
Views: 51702

Re: Any books really change your outlook on life?

The Confessions, by St. Augustine of Hippo .. Can you elaborate please, in what why? Thanks. In a personal way, his ability to look honestly at his sins, and their origin and effects on his life, and the way out of them, gave me courage at a difficult time in my life. His story was my story in a ve...
by Texanbybirth
Sun Sep 24, 2017 2:58 pm
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 317
Views: 51702

Re: Any books really change your outlook on life?

The Confessions, by St. Augustine of Hippo .. Can you elaborate please, in what why? Thanks. In a personal way, his ability to look honestly at his sins, and their origin and effects on his life, and the way out of them, gave me courage at a difficult time in my life. His story was my story in a ve...
by Texanbybirth
Fri Sep 22, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: Phone Techies .....
Replies: 32
Views: 2449

Re: Phone Techies .....

I've got a 5 (you thought the smirking was bad for you?!), and I'm going with the 7+. I don't need the latest processor, as I've heard it's mainly for high-end applications like augmented reality, or wireless charging. I'm also not ready to get rid of the home button, and I'm not an early adopter of...
by Texanbybirth
Thu Sep 21, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 24284

Re: I won the Lottery. Need sound advice.

Wow, I'm fairly shocked: this seems to be a legitimate post from a real person. OP, I honestly don't envy your situation. How I see it: you've got seemingly two decades worth of bad financial decisions to make up for, and an attitude change to effect in not only yourself but possibly your wife and ...
by Texanbybirth
Thu Sep 21, 2017 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 24284

Re: I won the Lottery. Need sound advice.

Wow, I'm fairly shocked: this seems to be a legitimate post from a real person. OP, I honestly don't envy your situation. How I see it: you've got seemingly two decades worth of bad financial decisions to make up for, and an attitude change to effect in not only yourself but possibly your wife and c...
by Texanbybirth
Thu Sep 21, 2017 9:17 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 333
Views: 20258

Re: Iphone X is $1000

So you’re calling millions of people idiots. Nice. My wife and I own iPhones, so I'm not defending, but honestly, can't you think of other situations where calling people idiots is justified? Perhaps well intentioned, honest, earnest, but idiots nonetheless? The older I get the more I realize that ...
by Texanbybirth
Thu Sep 21, 2017 9:14 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 333
Views: 20258

Re: Iphone X is $1000

I am not sure if new Iphones support new T-Mobile 600 MHz frequency. T-Mobile users may need to wait for another phone. No it won't. I thought so too. Thanks for confirming that. For that, I wouldn't think of any reason to buy this phone if I was a T-Mobile user. I have no idea if it is just a bios...
by Texanbybirth
Wed Sep 20, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 25386

Re: Calling out the not so rich bogleheads

If you ever want a morale boost, I'm happy to PM you my financial situation. :happy

We avoid debt like the plague, it's true, but no matter how I run the numbers I don't see how we'll ever be millionaires. Oh well! :beer
by Texanbybirth
Tue Sep 19, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 95
Views: 10718

Re: The 10 year car ownership "rule"

I'm not sure about a 10-year rule, but safety is a major concern for us. I happened to have my last car for 10 years. Actually, my wife bought it and I inherited it from her upon our wedding day. It was a 2007 Toyota Yaris, and we got rid of it for major safety reasons (no side airbags) for a....20...
by Texanbybirth
Tue Sep 19, 2017 8:31 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3019
Views: 885022

Re: What Movie Have You Recently Watched?

Logan , $5.99 rental on Amazon prime. I'm not sure what to make of it. After so many X-Men movies, it seems they were trying to stick a fork in it, the series is done. Perhaps it will be restarted with new characters, but I doubt it can ever be the same. The acting and action was good, worth watchi...
by Texanbybirth
Tue Sep 19, 2017 8:24 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3019
Views: 885022

Re: What Movie Have You Recently Watched?

Marvel's Guardians of the Galaxy - this was a world of difference from Dr. Strange. Maybe because the characters were aliens/cyborgs, but I wasn't expecting as much development from them and I got more than I bargained for. There were plenty of witty lines to keep me laughing, which might have been...
by Texanbybirth
Mon Sep 18, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Best Practices - 2FA - SMS and Phone Type?
Replies: 7
Views: 455

Re: Best Practices - 2FA - SMS and Phone Type?

What if the number you give for SMS 2FA is someone else's number, like I use my wife's number for my Gmail 2FA and she does vice versa for her's?
by Texanbybirth
Mon Sep 18, 2017 3:27 pm
Forum: Personal Consumer Issues
Topic: Super Nintendo Classic edition
Replies: 22
Views: 1344

Re: Super Nintendo Classic edition

What if I told you that you can build your own system for about $50 that will play all Super Nintendo, Gameboy, Sega Genesis and original Nintendo games? Check out this link -- https://retropie.org.uk/about/building/ Yep, a Raspberry Pi + Lakka is the way to go. For $80 I set up a system for my kid...
by Texanbybirth
Mon Sep 18, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3019
Views: 885022

Re: What Movie Have You Recently Watched?

Star Wars: A New Hope - I just love Han's banter throughout the series, and I'm more impressed with the graphics the older I get (given when the movie was made). We're (slowly) watching through all the movies by release date. Inside Out - a really touching perspective on family life, and a really ne...
by Texanbybirth
Fri Sep 15, 2017 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 95
Views: 10718

Re: The 10 year car ownership "rule"

I'm not sure about a 10-year rule, but safety is a major concern for us. I happened to have my last car for 10 years. Actually, my wife bought it and I inherited it from her upon our wedding day. It was a 2007 Toyota Yaris, and we got rid of it for major safety reasons (no side airbags) for a....201...
by Texanbybirth
Fri Sep 15, 2017 1:56 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 333
Views: 20258

Re: Iphone X is $1000

The anti-IPhone snobs on here are worse than beer snobs. There's a sociology lesson here in that very few people can go, "My phone is good, your phone that is kinda different is also good, we both can have nice things and they're not the same nice thing". Exactly. :beer I've got an iPhone 5. Appare...
by Texanbybirth
Tue Sep 05, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Stop income tax withholding
Replies: 15
Views: 1545

Re: Stop income tax withholding

I'm in a similar boat: a large part of my annual salary is a paid as a bonus, which kicks in automatic 25% w/h from the Feds. I use this calculator from ADP about twice a year to check myself: https://www.adp.com/tools-and-resources/calculators-and-tools/payroll-calculators/salary-paycheck-calculato...
by Texanbybirth
Thu Aug 31, 2017 3:10 pm
Forum: Personal Consumer Issues
Topic: Gas shortage
Replies: 7
Views: 964

Re: Gas shortage

I think it's a combination of fear, holiday travel plans, a lot of evacuees/transplants up here, and a smidgen of actual gas shortage.

Thankfully, we plan to stay home this wknd.

(North Dallas suburb resident.)
by Texanbybirth
Thu Aug 31, 2017 3:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 17075

Re: Is Bogelheads getting less interesting?

Not to inflate anyone's ego, but I still find posts by names such as SimpleGift (always seem to be interesting research (s)he's doing, and subsequent discussion is stimulating), bobcat2 (I enjoy his discussions of liability-matching), willthrill81(an advocate of 100% equities), and Toons (seems to h...
by Texanbybirth
Thu Aug 31, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 168
Views: 16824

Re: What should the savings be for an average professional

Average rule of thumb that my mentor told me when I was starting my career: Target for $1M by 40. That's savings+investment gains. For someone starting their career now I'd say $2M by 40. But don't forget to live a little. Remember everybody dies, but not everyone lives. Two million by forty, assum...
by Texanbybirth
Thu Aug 31, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 168
Views: 16824

Re: What should the savings be for an average professional

Average rule of thumb that my mentor told me when I was starting my career: Target for $1M by 40. That's savings+investment gains. For someone starting their career now I'd say $2M by 40. But don't forget to live a little. Remember everybody dies, but not everyone lives. Two million by forty, assum...
by Texanbybirth
Wed Aug 30, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: Companies/Brands You Love?
Replies: 157
Views: 10120

Re: Companies/Brands You Love?

American Express - Blue Cash Preferred is our almost-exclusive use CC; Kroger - will even pay a bit more for the customer service and clean store, it helps that it's walkable from our house; Vanguard - I just like their TDF in my retirement account (our only investment), though I do enjoy reading th...
by Texanbybirth
Fri Aug 25, 2017 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Should I abandon airline credit cards for cash back?
Replies: 34
Views: 3032

Re: Should I abandon airline credit cards for cash back?

The whole game is a hobby that requires time and expertise to practice. If you are not particularly interested in indulging in that hobby then probably a cash back card is a better option. Ding ding ding, you figured it out. I applaud the people who have the patience, expertise, and/or time, for th...
by Texanbybirth
Fri Aug 25, 2017 10:35 am
Forum: Personal Consumer Issues
Topic: Quietest tire for 2017 Honda CRV?
Replies: 32
Views: 5173

Re: Quietest tire for 2017 Honda CRV?

I found the turbo-charged engine in the 2017 CRV to be loud enough in the cabin that I decided to not buy the car. This was on a Touring model.

I'd be interested to hear OP's thoughts if he bought the car.
by Texanbybirth
Tue Aug 22, 2017 2:42 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 12281

Re: Is it worth it? [demanding jobs vs time with family]

... I also really appreciated the posters that pointed out how certain posts were judgmental and sexist. The posters claiming that women are better suited to take care of children or recommended that I live off of my husband's income demonstrate the kind of implicit bias and sexism that will contin...
by Texanbybirth
Tue Aug 22, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 12281

Re: Is it worth it? [demanding jobs vs time with family]

... I also really appreciated the posters that pointed out how certain posts were judgmental and sexist. The posters claiming that women are better suited to take care of children or recommended that I live off of my husband's income demonstrate the kind of implicit bias and sexism that will contin...
by Texanbybirth
Tue Aug 22, 2017 1:17 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 12281

Re: Is it worth it? [demanding jobs vs time with family]

... I also really appreciated the posters that pointed out how certain posts were judgmental and sexist. The posters claiming that women are better suited to take care of children or recommended that I live off of my husband's income demonstrate the kind of implicit bias and sexism that will contin...
by Texanbybirth
Tue Aug 22, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 16050

Re: Jobs that pay over $100,000

Study accounting in undergrad + CPA. CPA It took me 7 years and leaving public to hit $100k and 3 more to hit $165k. Isn't 100K plus salaries for a CPA unusual? I looked on the net and most of what I found was akin to this: http://www.payscale.com/research/US/Job=Certified_Public_Accountant_(CPA)/S...
by Texanbybirth
Mon Aug 21, 2017 10:47 am
Forum: Personal Consumer Issues
Topic: Safe car for wife and baby
Replies: 97
Views: 5954

Re: Safe car for wife and baby

Per IIHS, front and rear collisions safety ratings are not comparable across car classes due to the issue of mass. However, side-impact crash test ratings are comparable across car classes. See this section of their website: http://www.iihs.org/iihs/ratings/ratings-info/frontal-crash-tests I've been...
by Texanbybirth
Fri Aug 18, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Survivor Benefit or Life Insurance -teenage daughter
Replies: 25
Views: 1908

Re: Pension Survivor Benefit or Life Insurance -teenage daughter

Is there a reason you can't do both? I can only try to imagine your situation, but is $900/yr life insurance really that out of budget for you? That seems like a very generous pension, and it's pretty amazing that you can name your daughter as survivor. Is that your only retirement account besides t...
by Texanbybirth
Fri Aug 18, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: Powerball - $510 million?
Replies: 64
Views: 4722

Re: Powerball - $510 million?

I'd like to think we'd just give away most of it. I can't even fathom what I'd personally do with all that money, and I can only imagine the terrible effect it would have on my relationships.

I like the person above who said he has "regret envy". I'm the same, so I'll buy a ticket to join the herd.
by Texanbybirth
Thu Aug 17, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 10559

Re: Anyone planning on never retiring?

It seems so far away, and there is so much more important stuff going on in my life right now, that yes it seems like I will "never" retire. (I'm an optimist, though, so I'm still saving a bit as if I might . :-) ) I like my CPA work enough, and it seems like there are tons of old dudes (and ladies)...
by Texanbybirth
Thu Aug 17, 2017 11:05 am
Forum: Personal Consumer Issues
Topic: Other people's perception of your finances
Replies: 73
Views: 4119

Re: Other people's perception of your finances

Bostonbutterfly, you should look at this from your guest's side--a two week all expenses paid vacation! It's nice to have family visit, but it does not feel good when you realize you are being taken advantage of. Two weeks with any guests would be more than I could take. Whether the guests pay or n...
by Texanbybirth
Thu Aug 17, 2017 9:31 am
Forum: Personal Consumer Issues
Topic: Other people's perception of your finances
Replies: 73
Views: 4119

Re: Other people's perception of your finances

I think the simple solution is to stop having people stay at your house if you don't want to have these situations anymore. Then the only awkward situation will be who picks up the dinner bill. (Hint: it sounds like it will be you.) The problem with being a so-called "generous" person is that you wi...