Search found 1330 matches

by investingdad
Sat Dec 02, 2017 1:01 pm
Forum: Investing - Theory, News & General
Topic: BH philosophy on restricted stock units and employee stock purchase program?
Replies: 27
Views: 1757

Re: BH philosophy on restricted stock units and employee stock purchase program?

We don't actively buy shares in her company, this is all zero cost stock awards on top of salary and bonus.

Not comparable.
by investingdad
Sat Dec 02, 2017 8:39 am
Forum: Investing - Theory, News & General
Topic: BH philosophy on restricted stock units and employee stock purchase program?
Replies: 27
Views: 1757

Re: BH philosophy on restricted stock units and employee stock purchase program?

My wife is not quite an insider at her employer, a public company. She's been getting RSUs for the decade she's been there. Selling them would have been a colossal mistake and she's told me to leave them based on what she knows. I'm even kicking myself for liquidating shares to pay the taxes. They'v...
by investingdad
Fri Dec 01, 2017 7:44 am
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 6326

Re: How Do You Stay Current With Popular Music?

The music that resonates with me is what I listened to from about grade 7 to final year of college...80s hair bands culminating with Grunge. Most of that stuff is also "pretty bad" the same way current pop music is "petty bad". But I seek it out because that's what I grew up with. No different than ...
by investingdad
Wed Nov 29, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: So i hit 6 figures... (questions about financials)
Replies: 19
Views: 4028

Re: So i hit 6 figures... (questions about financials)

I can't tell you whether to get your own place is worth the cost, but I never lived with roommates after college. But I can tell you that saving as much as you are at this age is totally worth it. I started at 22 also, 22 years ago. So did my wife. 100k is outstanding at 27. If you can keep it up, t...
by investingdad
Wed Nov 29, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: When to tell the SO about my financial situation?
Replies: 109
Views: 6698

Re: When to tell the SO about my financial situation?

My wife and I had the financial sharing chat gradually, as we moved to the point where we knew we were going to get engaged. Probably at the one year mark of dating. But we met while doing our MBAs, so being on the same page was pretty easy. She made more than me then, and still does fifteen years l...
by investingdad
Mon Nov 27, 2017 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Expecting high income in 2018 ($1m+) looking for advice
Replies: 16
Views: 3540

Re: Expecting high income in 2018 ($1m+) looking for advice

No advice, but congrats on the great income. Sounds like a great opportunity to set yourself up for the future if planned correctly.
by investingdad
Sun Nov 26, 2017 7:31 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3131
Views: 957364

Re: What Book Are You Currently Reading? Part VI

I've had a lot of luck getting current popular novels as ebooks via my library. I started and did not finish Nelson DeMille's The Cuban Affair. A change from his long time NYC protagonist to a Maine born, Florida boat captain by way of the US Army in Afghanistan. As the title implies the story is s...
by investingdad
Sun Nov 26, 2017 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 21215

Re: The fallacy of spending money on "experiences" vs hard assets

We're in the middle of returning from a very pricey, upgraded family vacation... like 3x the cost of a normal family vacation for us. It's been great and the added comforts and upgraded experience have been very nice. I know my wife and kids have enjoyed themselves, I have too. But to be honest, aft...
by investingdad
Thu Nov 23, 2017 4:07 pm
Forum: Personal Consumer Issues
Topic: Anybody paint?
Replies: 5
Views: 846

Anybody paint?

Any artistic painters here? I don't, but we're on a cruise and I did a painting class that I enjoyed. It was acrylics, and guided to get a painting similar to the sample. Mine came out pretty nice and both my kids were surprised at the result. I don't know that I enjoyed it enough to take up paintin...
by investingdad
Tue Nov 21, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 17478

Re: Dave Ramsey says don't use credit cards, even if you pay them off

This is from a segment 1 year ago https://www.youtube.com/watch?v=np5i5oWfqAo Do you all agree with Dave on this? He says that it's stupid to use credit cards even in situations where you use credit cards for rewards points (credit card hacking) and pay them off each month without paying any intere...
by investingdad
Sun Nov 19, 2017 2:39 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 94
Views: 7214

Re: How much do you budget for vacation?

Interesting answers, but I find it interesting that people are saying how much they "spend" on travel, rather than what they "budget" for travel, which was the question. Judging by the amounts of money quoted in this thread, I suspect that most of the people answering this particular question are a...
by investingdad
Sun Nov 19, 2017 1:02 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 94
Views: 7214

Re: How much do you budget for vacation?

We are mid 40s, two kids (10 and 12), with a combined income upper 200s.

We are in the process of a big splurge on a family vacation, probably 15k, right now. So 22k this year. Normally about 11k a year.

Maybe 1/2 a percent of net worth.
by investingdad
Sun Nov 19, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: Should I drink or sell my Pappy 12 year?
Replies: 74
Views: 11241

Re: Should I drink or sell my Pappy 12 year?

I couldn't drink this stuff because I'm not a fan (craft beer for me).

But if you don't need the money, why sell? Seems like this is something you keep and learn to appreciate over time.
by investingdad
Mon Nov 13, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Losing all of your savings.
Replies: 41
Views: 6408

Re: Losing all of your savings.

So is the OP a pro poker player? I'm confused.
by investingdad
Mon Nov 13, 2017 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Losing all of your savings.
Replies: 41
Views: 6408

Re: Losing all of your savings.

why did you edit/delete all your old posts? The only thing listed under all your old posts is "lasdasd". https://s17.postimg.org/mlfkwxiof/Capture.jpg before you have a chance to delete this post and no one can read it again, here's what the OP's original question was: i've lost all of my savings b...
by investingdad
Mon Nov 13, 2017 9:46 am
Forum: Personal Consumer Issues
Topic: Did you want to set up a payment plan for that?
Replies: 19
Views: 2727

Did you want to set up a payment plan for that?

I had to replace my cell phone over the weekend. Didn't want to, but the operating system is no longer compliant with our IT security policy at work. They should pay for that, but that's another topic... Anyway, I got another Android that I liked. As the guy starts the checkout process, the first qu...
by investingdad
Sun Nov 12, 2017 10:33 am
Forum: Personal Consumer Issues
Topic: Cruise to Nassau, Bahamas - Atlantis Discovery Tour?
Replies: 11
Views: 971

Re: Cruise to Nassau, Bahamas - Atlantis Discovery Tour?

I don't think there's a charge to walk around the property, is there? I recall the last time we went there by cruise ship, we did the water park access which was pricey but worth it. We realized that the person taking to the water park area was taking us all around the property before taking us to t...
by investingdad
Wed Nov 08, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Did we make it to "The 2 Comma Club"? Maybe not?
Replies: 21
Views: 3953

Re: Did we make it to "The 2 Comma Club"? Maybe not?

I don't fully understand the coins.

Are those a portfolio asset or a collectible?

Does that mean I include jewelry or musical instruments in net worth? I only include what's in my portfolio and I subtract all debt notes.
by investingdad
Mon Nov 06, 2017 10:34 am
Forum: Investing - Theory, News & General
Topic: Dividends make up for high mutual fund fees
Replies: 31
Views: 2522

Re: Dividends make up for high mutual fund fees

Unfortunately his advisor put him into funds a long time ago with high fees, not just this one fund company. But because the dividend income looks good, I think he's not sensitive to the onerous cost. He just sees the dividend checks and isn't looking much beyond that. I did say fees heave a real im...
by investingdad
Mon Nov 06, 2017 8:32 am
Forum: Investing - Theory, News & General
Topic: Dividends make up for high mutual fund fees
Replies: 31
Views: 2522

Dividends make up for high mutual fund fees

We were visiting family last week and the topic of investing came up, never something I want to discuss with family. In any case, one family member was touting a certain fund company. I'm familiar with them but don't own them. Their management fees are significant, 1.5% is common and their returns a...
by investingdad
Sat Nov 04, 2017 8:05 am
Forum: Personal Finance (Not Investing)
Topic: This is why I'm glad I started investing at 23
Replies: 27
Views: 5417

Re: This is why I'm glad I started investing at 23

Let me be clear. I care about my work. My success becomes the company success. And I endeavor to do it well. That why I'm still employed after rounds of reductions over the years. What I don't care about is the sleazy maneuver of a new VP that sliced bonuses in half this year. I don't care about the...
by investingdad
Fri Nov 03, 2017 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: This is why I'm glad I started investing at 23
Replies: 27
Views: 5417

This is why I'm glad I started investing at 23

The biggest positive that came from investing heavily for retirement very early on was that now, at 44...I don't stress about the corporate BS, power struggles, and fighting to climb the ladder for that ever bigger bonus. I. Just. Don't. Care. And the best part is, I can afford not to. Don't get me ...
by investingdad
Fri Nov 03, 2017 10:27 am
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult...1.5 years later
Replies: 198
Views: 27933

Re: Learning an instrument as an adult?

So I started this topic 11 months ago when I first asked for thoughts on taking up the violin as a total newbie to playing music. I posted updates along the way as I started this endeavor. What a lot of fun this has been! Having a great teacher makes a big difference. Practicing every day also makes...
by investingdad
Mon Oct 30, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: we bought a house - are we housepoor now?
Replies: 195
Views: 12074

Re: we bought a house - are we housepoor now?

Careful what you wish for. Recessions can have far reaching, unexpected, consequences. Stock prices can become the least of one's worries. Capitalizing on a Recession in a meaningful way via the stock market also requires a sizeable amount of liquid cash or cash equivalents on hand. Did you read my...
by investingdad
Mon Oct 30, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: we bought a house - are we housepoor now?
Replies: 195
Views: 12074

Re: we bought a house - are we housepoor now?

Careful what you wish for. Recessions can have far reaching, unexpected, consequences. Stock prices can become the least of one's worries. Capitalizing on a Recession in a meaningful way via the stock market also requires a sizeable amount of liquid cash or cash equivalents on hand. Did you read my...
by investingdad
Mon Oct 30, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: we bought a house - are we housepoor now?
Replies: 195
Views: 12074

Re: we bought a house - are we housepoor now?

Careful what you wish for. Recessions can have far reaching, unexpected, consequences.

Stock prices can become the least of one's worries.

Capitalizing on a Recession in a meaningful way via the stock market also requires a sizeable amount of liquid cash or cash equivalents on hand.
by investingdad
Mon Oct 30, 2017 8:28 am
Forum: Personal Finance (Not Investing)
Topic: we bought a house - are we housepoor now?
Replies: 195
Views: 12074

Re: we bought a house - are we housepoor now?

At the end of the day, high incomes in a HCOL area are deceptive. You're earning power isn't as strong as you want to think. A HHI of 260k with a mortgage of 630k gives a simple ratio of 0.416. That would stress me out. I don't know if the OP is genuinely concerned, or if there was an element of sat...
by investingdad
Mon Oct 30, 2017 5:56 am
Forum: Personal Finance (Not Investing)
Topic: we bought a house - are we housepoor now?
Replies: 195
Views: 12074

Re: we bought a house - are we housepoor now?

OP...sorry, I'd feelhouse poor in this situation.

My wife and I earn a bit more than you and our home cost about 360k, mortgaged 240k.

I'd choke at 500k, let alone 900k.
by investingdad
Mon Oct 23, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 35466

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Nope.

Which is surprising because I keep reading those, "Secrets millionaire investors won't Tell You" articles and I've concluded that I'm not doing this the right way cause I don't have an army of advisors.

Oh well.
by investingdad
Fri Oct 13, 2017 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Does IRS have equivalent of credit freeze?
Replies: 20
Views: 1929

Re: Does IRS have equivalent of credit freeze?

Curious how tax-filing fraud is ever possible? The impostor not only needs your identify info, but also W-2, dividend, capital gain/loss, mortgage payment, etc., etc? Why would they need all that other information? They're not trying to file an accurate return, they're trying to file a return that ...
by investingdad
Mon Oct 02, 2017 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Is customer service my only talent?
Replies: 7
Views: 1440

Re: Is customer service my only talent?

Teacher, actor, truck driver, programming, sales...it's hard to succeed long term if you cannot remain focused.
by investingdad
Thu Sep 28, 2017 12:11 pm
Forum: Personal Consumer Issues
Topic: Meaningful wedding gift?
Replies: 20
Views: 1891

Re: Meaningful wedding gift?

My Best Man gave me a gold plated (not as expensive as it sounds) divot tool with ball marker that had the seal of our University alma mater engraved on it.

We both golf and he's the one that introduced me to the game.
by investingdad
Wed Sep 20, 2017 5:40 am
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 22415

Re: Let's talk about your FI # and family income [Financial Independence]

I am impressed by the house incomes ($200K ~ $400K) posted here. Where are the average Joes? There are only two of us on the whole forum. Everyone else makes bank. It's worth noting I made 33k in 1996 coming out of college, that's about the median in today's dollars. Same for my wife. We've managed...
by investingdad
Tue Sep 19, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 22415

Re: Let's talk about your FI # and family income [Financial Independence]

Age, 44/44
Age to retire, aiming for 53 to 55 or so
HHI, between 240k and 280k
Expenses, about 115k last year (balance was invested and paid taxes)
Desired portfolio, between 4.5 and 5 million

I'd like to pull about 3.25% as a withdrawal rate.

About half way there.
by investingdad
Mon Sep 18, 2017 6:36 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 22551

Re: Is it really Worth it to brown bag your lunch at work?

Brown bagging early in career is a 'Career Limiting Move'. Brown bagging late in career is probably worse until you are on the early retirement list. Completely and utterly incorrect. Advancing your Career requires schmoozing, not easily done when you pull out a brown bag. A brown bag conveys 'dome...
by investingdad
Thu Sep 14, 2017 11:38 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 22551

Re: Is it really Worth it to brown bag your lunch at work?

I find that those that don't hone their networking skills in some way - be it lunch, or, as one of the above posters working out with c-suite folks - they get stuck in their jobs and are unhappy. For me, anyway, lunch out is not just tasty, but totally worth it. I know some folks who make it a poin...
by investingdad
Thu Sep 14, 2017 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Turned down for umbrella insurance
Replies: 57
Views: 6879

Re: Turned down for umbrella insurance

Our umbrella is either three or five million, I forget. Got it two years ago. Zero issues, no proof of anything. Been with the company for 28 years. When I went up to higher amount from one million, my agent did ask why. I told him to protect our assets and net worth. He said it needed home office a...
by investingdad
Tue Sep 12, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 22551

Re: Is it really Worth it to brown bag your lunch at work?

This topic seems to resonate with a lot of folks, both positively and negatively. I would like to highlight that I'm not advocating that anyone here (or in my office) do what my wife and I have done with the whole lunch thing. I'm simply sharing what I believe the financial benefit has been to us ov...
by investingdad
Tue Sep 12, 2017 11:25 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 22551

Re: Is it really Worth it to brown bag your lunch at work?

I'm only highlighting what I believe the benefit has been to us over twenty years, your results may vary. :)
by investingdad
Tue Sep 12, 2017 11:09 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 22551

Re: Is it really Worth it to brown bag your lunch at work?

silverlitegs wrote:
Tue Sep 12, 2017 11:06 am
Great post on the financial savings. I bring my work almost everyday. One downside is networking. Do you feel not going out with everyone you are impeding your career?
Nope, networking over lunch is overrated in my opinion.
by investingdad
Tue Sep 12, 2017 11:02 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 22551

Is it really Worth it to brown bag your lunch at work?

My wife and I pretty much bring lunch from home to eat at the office every day. We've been doing this all of our respective 22 year careers to date. I've noticed in my office, some people do the same as me. And others go to our cafeteria or get take out every, and I mean EVERY, day. So I was curious...
by investingdad
Wed Sep 06, 2017 5:36 am
Forum: Personal Finance (Not Investing)
Topic: When to give resignation notice
Replies: 64
Views: 7643

Re: When to give resignation notice

My Megacorp spent the last 12 months downsizing the organization and then announced internally they were finished. Then the Engineering VP retired. The replacement came in, decided he wanted to redo the engineering organization to look the way he wanted it to and...guess what? We're back to eliminat...
by investingdad
Sun Sep 03, 2017 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Evaluating new job offer
Replies: 40
Views: 3739

Re: Evaluating new job offer

Why did you apply for the job? I applied because this is a hot company in a field that I find very interesting ... and I'm very bored with my current job. After 12 years of doing the same it's hard to keep up the interest. My personal opinion, which your should ignore if it's not right for you, is ...
by investingdad
Fri Sep 01, 2017 5:24 am
Forum: Personal Finance (Not Investing)
Topic: Another Chemical Engineer salary history
Replies: 21
Views: 4919

Re: Another Chemical Engineer salary history

I'm in Pennsylvania, not the pricey burbs of Philly though. I'm also satisfied with my work life balance and what I'm paid based on what I'm expected to do. That is an important consideration. More money to be had in management for sure, but that's not my natural strength nor is it the type of work ...
by investingdad
Thu Aug 31, 2017 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Another Chemical Engineer salary history
Replies: 21
Views: 4919

Another Chemical Engineer salary history

I only have the endpoint data to share without digging into a lot of old records. Chemical engineer, individual contributor. Low cost of living area, not Gulf Coast. Starting Salary, 1996...33k, $15 Christmas Bonus (yes, 15 bucks, what a joke, I wish I'd kept the check) Current Salary, 2017...106k, ...
by investingdad
Wed Aug 30, 2017 7:52 am
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 168
Views: 21105

Re: What should the savings be for an average professional

Here's the simple truth I've learned...the Boglehead philosophy, if executed from an early age, is one of the best ways to insulate oneself from Corporate garbage that surrounds me on a daily basis.
by investingdad
Wed Aug 30, 2017 5:40 am
Forum: Personal Consumer Issues
Topic: Bosch dishwasher?
Replies: 91
Views: 8872

Re: Bosch dishwasher?

We have a mid range Bosch as well, only about six months old. Prior Whirlpool dishwasher died after seven years, not made like they used to be. Anyway, good so far. Super quiet, which was important because the master bedroom is above the kitchen and we often run the dishwasher before going to bed. T...
by investingdad
Thu Aug 24, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: 78% Americans are living from paycheck to paycheck?
Replies: 15
Views: 2460

Re: 78% Americans are living from paycheck to paycheck?

I don't know why it's so hard to believe. I absolutely believe it. It also states "Having a higher salary doesn't necessarily mean money woes are behind you, with nearly one in 10 workers making $100,000 or more (9 percent) saying they usually or always live paycheck-to-paycheck". People have less ...
by investingdad
Tue Aug 22, 2017 9:12 am
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult...1.5 years later
Replies: 198
Views: 27933

Re: Learning an instrument as an adult? 8 Month Update

I wasn't planning to update for a little while but decided to after watching a video I recorded of myself after five weeks of playing versus a video I recorded at eight months of playing this weekend. Wow. Doesn't even sound like the same instrument. At five weeks, the sound was pretty lifeless and ...
by investingdad
Fri Aug 18, 2017 5:26 pm
Forum: Personal Consumer Issues
Topic: Advice on buying a musical instrument
Replies: 24
Views: 2139

Re: Advice on buying a musical instrument

I got attached to the feel and sound of mine because it's the only one I know. So I figured, since my teacher likes how it sounds, it made sense to keep it.

When I upgrade, I'll hold into it even if just for sentimental reasons.