Search found 848 matches

by Cycle
Mon Nov 12, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Is maxing out Tax defered 401(k) enough?
Replies: 49
Views: 5099

Re: Is maxing out Tax defered 401(k) enough?

I maxed out my 401k for the last 12 years and am 35. For some reason my 401k has 500k in it tho... So for me yeah, maxing is sufficient. I think you must be late to the savings party, but it doesn't matter, you just won't be one of those FIRE bloggers if u keep up your current spending. A lot of peo...
by Cycle
Sat Nov 10, 2018 8:22 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3669

Re: International Travel during Maternity/Paternity

Our first started sleeping through the night at 14 months. I thought that was the worst it could be until our second who didn't do it until 21 months. I love international and adventure travel but no way would I recommend what you are proposing. I have stayed at home since the first was born. I was...
by Cycle
Sat Nov 10, 2018 8:21 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3669

Re: International Travel during Maternity/Paternity

Man, that's an outstanding amount of paid time off. Is that including your vacation time or do you both just get that time off post-child birth? Would you mind sharing what kind of work you both do? We only get 2 weeks off and then my wife has to take 4 weeks short term disability, even then that's...
by Cycle
Sat Nov 10, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3669

Re: International Travel during Maternity/Paternity

This is just about the worst idea I have heard in a long time. As someone who just took a 10 month old to an all inclusive resort on vacation (that was booked before we knew better) it was a big mistake, personally and financially. We couldn't do any activities and our daughter got a cold that made...
by Cycle
Sat Nov 10, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3669

Re: International Travel during Maternity/Paternity

I'd try to give yourself some flexibility. It might work out just fine, but maybe you'll want to return home sooner than expected. This is a good point. If we don't go too far, we can easily hit the abort button. We rented a house on Salt Cay in Turks and Caicos once... That would be a very relaxin...
by Cycle
Sat Nov 10, 2018 4:30 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3669

Re: International Travel during Maternity/Paternity

We never travelled internationally with our children at that age but did frequently travel domestically. Generally it was a good experience, but it’s been several years. Travel gets harder as the baby gets older, so this seems like a good time to bond. Just don’t underestimate how tired you will be...
by Cycle
Sat Nov 10, 2018 4:04 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3669

Re: International Travel during Maternity/Paternity

Worst idea ever. I would suggest staying home with your baby, then sending somebody else on the trip instead. At least then somebody will enjoy the trip, and your baby will be happier and safer. In all honesty you should have done the trip before you had a baby. This is one of the reasons people do...
by Cycle
Sat Nov 10, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3669

Re: International Travel during Maternity/Paternity

But would you rather do that or take a 6 week trip with the kids when they can enjoy it too? Or retire 6 weeks early? You're convinced you don't need the leave for the conventional purpose so at least try to work a deal. we're already FI, not interesed in super early FIRE. can take sabbatical in th...
by Cycle
Sat Nov 10, 2018 1:20 pm
Forum: Personal Consumer Issues
Topic: Point and shoot camera
Replies: 130
Views: 6176

Re: Point and shoot camera

The suggestions for a DSLR and mirrorless are on topic. A point and shoot is simply not worth it. That's why you never see them anymore. You're better off buying the latest smartphone or a real camera. As far as budget, a used or refurbished older camera is perfectly fine. Weird, i see point and sh...
by Cycle
Sat Nov 10, 2018 1:09 pm
Forum: Personal Consumer Issues
Topic: Point and shoot camera
Replies: 130
Views: 6176

Re: Point and shoot camera

I bought a Sony RX100 V for $600 used on ebay. This camera takes phenomenal photos and does well in low light, I previously owned the I, II, & III. It is the best camera to take mountain climbing, dslr quality without the weight. I bought a Canon PowerShot SX730HS used on ebay for $120. I use this ...
by Cycle
Sat Nov 10, 2018 1:02 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3669

Re: International Travel during Maternity/Paternity

But would you rather do that or take a 6 week trip with the kids when they can enjoy it too? Or retire 6 weeks early? You're convinced you don't need the leave for the conventional purpose so at least try to work a deal. we're already FI, not interesed in super early FIRE. can take sabbatical in th...
by Cycle
Sat Nov 10, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3669

Re: International Travel during Maternity/Paternity

Have you ever cared for an infant? If not, please get some experience babysitting before you plan this. I'd suggest you consider using your paternity time to be at home with your wife new baby as she heals from childbirth, instead of the last 6 weeks traveling the world! No, but it appears to be he...
by Cycle
Sat Nov 10, 2018 12:27 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3669

Re: International Travel during Maternity/Paternity

What is it you plan to see in your travels? When we adopted our first infant child, while waiting for the legal go ahead to leave the state, we went to the zoo. In an entire day, we saw 2 animal exhibits. In my humble opinion, travel during this time is silly. We also adopted a second, 4 years late...
by Cycle
Sat Nov 10, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3669

International Travel during Maternity/Paternity

We are expecting our first child in January and likely going to do some international travel during our maternity/paternity paid time off. My wife (age 36) gets 20 weeks off, and I (age 35) get 6 weeks paid time off. We are looking into traveling with the baby weeks 14-20. Mid April - End of May. On...
by Cycle
Sat Nov 10, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: Point and shoot camera
Replies: 130
Views: 6176

Re: Point and shoot camera

I bought a Sony RX100 V for $600 used on ebay. This camera takes phenomenal photos and does well in low light, I previously owned the I, II, & III. It is the best camera to take mountain climbing, dslr quality without the weight. I bought a Canon PowerShot SX730HS used on ebay for $120. I use this p...
by Cycle
Sat Nov 10, 2018 12:08 am
Forum: Personal Consumer Issues
Topic: aerobic exercise: rower vs. treadmill and elliptical
Replies: 44
Views: 4032

Re: aerobic exercise: rower vs. treadmill and elliptical

Whatever you choose do something sustainable, ie something you can do everyday. For me that is biking 6-7 days a week and jogging a couple days. I didn't buy a house with room for exercise equipment, but I imagine if I had such equipment I wouldn't use it much, since outdoors is nice. The appropriat...
by Cycle
Mon Nov 05, 2018 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Son has job offer in Nashville, can he survive on base of 33K
Replies: 16
Views: 2500

Re: Son has job offer in Nashville, can he survive on base of 33K

If he can forgo a car and live with roommates he'll be fine until he finds a more lucrative opportunity.

To OP, do you "help" him out... I would think making ends meet on 33k without assistance would be an invaluable lesson on budgeting.
by Cycle
Sun Nov 04, 2018 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching kids there is an ample amount of money
Replies: 108
Views: 8067

Re: Teaching kids there is ample amount of money

I think it would especially hit home on a family trip to a 3rd world country and seeing people living in shacks. I have hundreds of people living in tents a few miles from my house. In my neighborhood, I have bucket people, ie people who have no furniture but 5 gallon pales and sleep on the floor o...
by Cycle
Sat Nov 03, 2018 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?
Replies: 180
Views: 11175

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

A city janitor in San Francisco working over time makes $270k per year.

http://time.com/4555692/san-francisco-b ... or-salary/

A janitor in central America doing the same job and working similar hours might make $2k. I think hcol is where it is at for Janitors.
by Cycle
Fri Nov 02, 2018 10:38 pm
Forum: Personal Consumer Issues
Topic: selling overseas on ebay
Replies: 8
Views: 670

Re: selling overseas on ebay

Same. I once tried it, but the auction winner didn't pay and that turned me off.
by Cycle
Fri Nov 02, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?
Replies: 51
Views: 2412

Re: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?

RB digital is an app my library uses. I read the economist and outside. Its included in my tax bill, ie it's "free"
by Cycle
Fri Nov 02, 2018 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Where should I be financially at 39?
Replies: 42
Views: 5955

Re: Where should I be financially at 39?

My wife and I started saving in our early twenties, and in 4 years at 39 we should have 2.2MM-ish There's no magic number, we plan on working indefinitely, but hopefully with the freedom to work part time. Megacorp will likely not be suoer appealing a decade from now. We were "fi" couple years ago s...
by Cycle
Fri Nov 02, 2018 6:35 pm
Forum: Personal Consumer Issues
Topic: Engineering school
Replies: 66
Views: 4894

Re: Engineering school

Marquette has excellent engineering programs, small class sizes, scholarships that will make it the same or cheaper than in state tuition if you have good stats.

Joining a solar car team is a good way to get the attention of employers
by Cycle
Thu Nov 01, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Is an MBA worth it these days?
Replies: 53
Views: 6379

Re: Is an MBA worth it these days?

I contemplated an MBA, and even started studying for the gmat... I decided to get a master's in engineering instead. I figured most business concepts can be learned through application. There are plenty of resources to educate ones self. Many of the best business books on all topics are organized an...
by Cycle
Wed Oct 31, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming frugal
Replies: 81
Views: 10979

Re: Becoming frugal

These steps have served us well. We have small incomes but save a LOT! Get rid of Amazon prime. Too easy to spend money on crap you don't need. Get rid of cable. Use only a work mobile phone (if provided). Get rid of land line phone. Stop eating out. Learn to cook. If you eat out, find a reasonable...
by Cycle
Wed Oct 31, 2018 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming frugal
Replies: 81
Views: 10979

Re: Becoming frugal

I am surprised no one mentioned this, it might be the most important of all: Choose your spouse carefully. Do me a favor and tell me that 50 years ago. I always advise our undergraduate interns at work that their first vehicle should be a minivan. It will scare away any spendthrift suitors and as a...
by Cycle
Wed Oct 31, 2018 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming frugal
Replies: 81
Views: 10979

Re: Becoming frugal

I'm a 65-70% net saver. I see many postings that scream penny wise pound foolish. Cutting your own hair will accelerate retirement days (which I do by the way), but there are much bigger levers that can be pulled. Here are some massive frugal levers I pulled: I had work pay for grad school. I live i...
by Cycle
Wed Oct 31, 2018 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Time to sell our condo? Advice needed.
Replies: 24
Views: 2622

Re: Time to sell our condo? Advice needed.

Your HOA seams reasonable to me. You probably get things in exchange for that fee. Sfh owners are constantly dumping money into their properties for "upgrades" or repairs. Brake those down to monthly numbers and your HOA fee likely will look like a bargain. I used to despise my $300 HOA, but now tha...
by Cycle
Wed Oct 31, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating ROI for PhD
Replies: 86
Views: 4850

Re: Calculating ROI for PhD

Even at a master's level, I'd advise getting something in a core engineering discipline vs systems engineering or human factors. You can take an elective in those subjects, but a cs or mechanical masters will have greater value than a systems PhD. I'm saying this after I earned a master's degree in ...
by Cycle
Tue Oct 30, 2018 9:03 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 318
Views: 21684

Re: Talk me out of buying a Tesla Model 3

Californians will be some of the first to abandon their personal cars. Waymo now has a permit to operate driverless cars there (no safety driver), including conditions of light rain and fog. This is the first company to be granted the permit in California, and Arizona is the other state where Waymo ...
by Cycle
Tue Oct 30, 2018 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating ROI for PhD
Replies: 86
Views: 4850

Re: Calculating ROI for PhD

I have a meng in systems engineers and sit in that role on two projects. Used to have a csep cert. An experienced indispensable systems engineer will have lots of experience writing requirements and modeling systems, and this experience is best gained from sitting in that role on a variety of progra...
by Cycle
Tue Oct 30, 2018 2:45 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 318
Views: 21684

Re: Talk me out of buying a Tesla Model 3

Seems like a lot of money to be spending on a personal vehicle. I'd divert that money to retirement savings. Self driving fleets are coming very soon. Just spent the weekend in Berlin and we used a car sharing service to get around, like "city bike". The cars, all Audis, are left around the city in...
by Cycle
Tue Oct 30, 2018 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Minnesota
Replies: 28
Views: 2887

Re: Moving to Minnesota

I cannot imagine cycling in a Minnesota winter? That's for the truly hardy? Honestly it's not a big deal, the cold/snow that is. It's a lot easier than dealing with a car or forcing yourself to get exercise. In Minneapolis there are trails and bike lanes that make it pretty safe. The trails in minn...
by Cycle
Tue Oct 30, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Minnesota
Replies: 28
Views: 2887

Re: Moving to Minnesota

Consider a block heater and somewhere to plug it in? If you have any sort of garage to park in, whatsoever, you won't need a block heater. If you're parking outside all winter long, you may have a bit of an issue in January when it occasionally gets down to -5 to -15 degrees overnight. I never had ...
by Cycle
Tue Oct 30, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: If you just track NW on a spreadsheet....isn't that sufficient?
Replies: 18
Views: 2026

Re: If you just track NW on a spreadsheet....isn't that sufficient?

I think so, can help to track your goal in real dollars too. Like if I want $2MM to retire or whatever, that goal line is going to move with inflation and NW numbers include inflation. End of the day though, the goal should probably be based on a spend multiplier. Like if Medicare for all came about...
by Cycle
Mon Oct 29, 2018 9:45 pm
Forum: Investing - Theory, News & General
Topic: Anyone else feel giddy every time VXUS gets creamed? [Vanguard Total International]
Replies: 69
Views: 6282

Re: Anyone else feel giddy every time VXUS gets creamed? [Vanguard Total International]

I don't know if giddy is the right word. I've got several years of tax loss harvesting taken care of. I do like buying things on sale though, and so I'm happy with my weekly vtiax purchase.
by Cycle
Mon Oct 29, 2018 9:41 pm
Forum: Personal Consumer Issues
Topic: People with older car, share your unusual repairs
Replies: 84
Views: 5301

Re: People with older car, share your unusual repairs

Timing belt snapped 3k miles after it was scheduled to be replaced. I thought it had a chain :oops: i had it towed to two places bc the shops refused to work on it, thinking the engine was shot. Finally got one to replace it for $300 and worked fine until I sold it at 160k miles.
by Cycle
Mon Oct 29, 2018 6:22 pm
Forum: Personal Consumer Issues
Topic: Need a Pocket Watch
Replies: 40
Views: 2744

Re: Need a Pocket Watch

I found an analog one, but you'll have to step outside to get a reading.

Image
by Cycle
Mon Oct 29, 2018 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Minnesota
Replies: 28
Views: 2887

Re: Moving to Minnesota

I'd get something as close to work as possible. walkable/bikeable if possible, and if not, within a short drive. I'd advise strongly against that 40 minute commute someone recommended. driving is dangerous, the more miles you drive the more likely you'll be paralyzed, braid damaged, killed in a car ...
by Cycle
Mon Oct 29, 2018 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: Just starting out at 39 yrs old.
Replies: 37
Views: 5354

Re: Just starting out at 39 yrs old.

Get this bogelhead book and read it. I read dozens of personal finance books before I found it, and it is the only one you need to read. Its available from most libraries: https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/1118921283/ref=sr_1_1?ie=UTF8&qid=1540851915&sr=8-1&keyword...
by Cycle
Mon Oct 29, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36603

Re: Steak Dinner and Annuities: Retirement Product Surges After Fiduciary Rule’s Demise

simplesimon wrote:
Mon Oct 29, 2018 11:02 am
How does one get invited to these free dinners? Maybe I am too young and poor.
+1 I'm a credit card churner and love taking advantage of promos and freebees. I also have no shame in declining a free analysis.
by Cycle
Mon Oct 29, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Getting depressed with all this saving. :-(
Replies: 38
Views: 6426

Re: Getting depressed with all this saving. :-(

Earl Lemongrab wrote:
Mon Oct 29, 2018 1:19 pm
I pay for cable TV after all! And go to hockey games!!
Making it rain! Careful or you'll end up like MC Hammer /s
by Cycle
Sun Oct 28, 2018 5:16 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 25880

Re: PSA: Don't buy a big house

One also would get the impression BHs are 50t/yr carbon bandits who drive evs and have solar panels to bring their footprint down to 48t/yr. I have a 1000sqft apartment for my family and I bike/take transit to the office. One low mileage ICE car. The SolarEdge app figures our CO2 save at around 30t...
by Cycle
Sun Oct 28, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 318
Views: 21684

Re: Talk me out of buying a Tesla Model 3

-it was REALLY smoggy here in Orange County, today. A part of me felt kinda good that I won't be contributing to that much anymore (YES, I know, the juice has to be generated somewhere, coal, natural gas, blah blah blah.... but just let me enjoy this moment while I'm in the honeymoon phase) costs o...
by Cycle
Sun Oct 28, 2018 1:43 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 25880

Re: PSA: Don't buy a big house

One also would get the impression BHs are 50t/yr carbon bandits who drive evs and have solar panels to bring their footprint down to 48t/yr.

I have a 1000sqft apartment for my family and I bike/take transit to the office. One low mileage ICE car.
by Cycle
Sun Oct 28, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 25880

Re: PSA: Don't buy a big house

But you can power your car and your house with clean electricity nowadays. There are 40 solar panels on our big house. We added them, they didn't come with the house. Our combined driving on weekdays is a minimum of 80 miles/day in an EV & PHEV, without using even a drop of gas. At my office, there...
by Cycle
Sat Oct 27, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Coffee grinder
Replies: 56
Views: 4046

Re: Coffee grinder

I can't help but wonder how good this one at Aldi is. Specs do not say much about the burr material construction. https://www.aldi.us/en/weekly-specials/aldi-finds-for-october-17/october-17-detail/ps/p/ambiano-automatic-burr-mill/ I bought this today. I'd recommend inspecting in store because the g...
by Cycle
Fri Oct 26, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get vision insurance?
Replies: 39
Views: 4071

Re: Should I get vision insurance?

Dottie57 wrote:
Wed Aug 17, 2016 1:12 pm
johnubc wrote:My experience is that I have never found Vision Insurance to be worth it.

+1
+1 and I like my zennis better than my Ray bans. I had vision insurance last year and it wasn't a good deal. My health insurance would have covered the exam anyways.
by Cycle
Fri Oct 26, 2018 1:42 pm
Forum: Personal Consumer Issues
Topic: House selling costs
Replies: 23
Views: 2177

Re: House selling costs

I always assume 10%, but I include vacancy (ie money tied up in an unused house) and little inevitable repairs that will be required for the buyers. This is probably a little high, but intend to assume worst case. Housing is cooling. You may be able to buy it for 30k less in 1 month.... Seriously, I...
by Cycle
Wed Oct 24, 2018 6:16 pm
Forum: Investing - Theory, News & General
Topic: Is VTIAX/FTIPX now catching a falling knife?
Replies: 14
Views: 1658

Re: Is VTIAX/FTIPX now catching a falling knife?

And how do the smug "I max 401k by April, because I just can't wait another 8 months to dca" types feel Pretty good. Maybe a little gassy from a carb heavy lunch. I don't worry about the costs, I just pile all extra money into my AA weekly regardless of the noise. I maxed backdoor roths first week ...