Search found 1114 matches

by Cycle
Sun Mar 03, 2019 6:47 pm
Forum: Personal Investments
Topic: Lots of cash .. Scared to put it to work now
Replies: 207
Views: 17388

Re: Lots of cash .. Scared to put it to work now

I try to keep my cash as low as possible, and even then it earns 3% in the checking account i use. I don't envy your position. Hypothetically, if were to sell a property and have $900k today, I'd just invest $50k per week into my targeted AA until the money is 100% invested. I'd advise doing the 3-f...
by Cycle
Sun Mar 03, 2019 6:36 pm
Forum: Personal Consumer Issues
Topic: Advice on Grand Pianos?
Replies: 57
Views: 3057

Re: Advice on Grand Pianos?

Get a studio upright, ie an upright piano with full action, not a spindle or console. I play nearly every day and have a 1920's era studio upright I bought a decade ago. It was free off craigslist, plus $300 to hire piano movers. You could get a very nice Yamaha or Kawai studio though for 3-5k (used...
by Cycle
Sun Mar 03, 2019 6:11 pm
Forum: Personal Consumer Issues
Topic: Where to move? Advice sought
Replies: 12
Views: 1372

Re: Where to move? Advice sought

I was going to say Minneapolis, but I suppose our 6 month winters wouldn't work out for you. High temp today -1F. Hard to beat San Diego, and there are a few walkable neighborhoods there. Weather-wise though, people find a way to complain about weather everywhere so the real hack is to learn how to ...
by Cycle
Fri Mar 01, 2019 8:35 pm
Forum: Personal Investments
Topic: Stock market current state and investing
Replies: 25
Views: 1880

Re: Stock market current state and investing

DCA. I buy every week without exception. When I run into extra money, like a bonus, I buy immediately. Trying to time the market even to just get a dip in a week results in unnecessary stress.

The market goes up in the long run, so don't worry about the price today
by Cycle
Thu Feb 28, 2019 7:50 pm
Forum: Personal Consumer Issues
Topic: How do YOU make coffee?
Replies: 172
Views: 6302

Re: How do YOU make coffee?

did several years of french press. have been doing pour over for the last year. I use a melitta pour-over plastic device. I measure the water temp every time, and i start pouring when its under 205F. no cream/milk/sugar. whole beans from aldi typically, donut store blend, breakfast blend, or the hon...
by Cycle
Wed Feb 27, 2019 9:48 pm
Forum: Personal Consumer Issues
Topic: How often do you and your friends change engine oil?
Replies: 167
Views: 7951

Re: How often do you and your friends change engine oil?

My commuter is a belt drive which requires no lubrication.

Change my wife's crv every 8k miles or so
by Cycle
Tue Feb 26, 2019 7:34 am
Forum: Personal Consumer Issues
Topic: Swimming, do you? Advice sought.
Replies: 72
Views: 5612

Re: Swimming, do you? Advice sought.

just watch some youtube videos and practice what you see.

i don't have a gym membership, so i just swim the open water course our city runs during the summer, each lap is 1/2 a mile.
by Cycle
Tue Feb 19, 2019 5:25 pm
Forum: US Chapters
Topic: How many bogleheads do you know in real life?
Replies: 130
Views: 8605

Re: How many bogleheads do you know in real life?

0, but I'm a bot
by Cycle
Tue Feb 19, 2019 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need a degree?
Replies: 73
Views: 4329

Re: Do I need a degree?

Yes start plugging away, I earned a masters engineering degree part time and had work pay for most of it. I did fit the bill for maybe $15k, bc I didn't want to stretch it out any longer. Do it online if u can.
by Cycle
Mon Feb 18, 2019 9:06 pm
Forum: Personal Consumer Issues
Topic: First thing(s) you'd do when you achieve financial independence?
Replies: 73
Views: 5927

Re: First thing(s) you'd do when you achieve financial independence?

You gotta explain that for me. Also - why stopped eating beef/pork if you haven't done before you win the game? Not trying to push back. Just wanting to get some perspective. We love road trips - so definitely not feeling bad at all about taking my car all over the country. We crossed 500k miles of...
by Cycle
Mon Feb 18, 2019 9:43 am
Forum: Personal Consumer Issues
Topic: First thing(s) you'd do when you achieve financial independence?
Replies: 73
Views: 5927

Re: First thing(s) you'd do when you achieve financial independence?

What did I do? Stopped caring about stuff that doesn't matter, I don't stay at work late. I just try to be efficient with the 8hrs at the office and get out. I never work after hours / weekends. Started doing things that do matter for mankind and my children's world. Stopped eating beef/pork. No car...
by Cycle
Sun Feb 17, 2019 8:03 am
Forum: Personal Finance (Not Investing)
Topic: I want a new Audi A6 2018 (50k) - Can I afford it? Or is this just a really dumb decision...
Replies: 136
Views: 7520

Re: I want a new Audi A6 2018 (50k) - Can I afford it? Or is this just a really dumb decision...

It's a dumb decision. Personal cars are for people who do not care about the the noise pollution, air pollution, and sustainability of their lifestyle. Tesla/Prius owners included. If u save $10k per year that most allocate towards cars, that's $2MM after compounding interest by age 60. My recommend...
by Cycle
Sun Feb 17, 2019 7:45 am
Forum: Personal Finance (Not Investing)
Topic: What net worth supersedes Bogleheads’s strategy
Replies: 123
Views: 10248

Re: What net worth supersedes Bogleheads’s strategy

Wife and I each make 150k-ish per year. Net worth at 35 1.4MM. save 175k/yr. if we get 8% returns over the next 65 years and no raises/promotions, that's nearly 500MM by age 100. I plan to live to 120, so could easily be a billionaire on two non-management individual contributor salaries at megacor...
by Cycle
Sat Feb 16, 2019 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: What net worth supersedes Bogleheads’s strategy
Replies: 123
Views: 10248

Re: What net worth supersedes Bogleheads’s strategy

Wife and I each make 150k-ish per year. Net worth at 35 1.4MM. save 175k/yr. if we get 8% returns over the next 65 years and no raises/promotions, that's nearly 500MM by age 100. I plan to live to 120, so could easily be a billionaire on two non-management individual contributor salaries at megacorp.
by Cycle
Sat Feb 16, 2019 4:53 pm
Forum: Personal Investments
Topic: Financial impact of purchasing a home to retire to (with cash)
Replies: 9
Views: 554

Re: Financial impact of purchasing a home to retire to (with cash)

Hold onto your horses there, you've got 8 years and in 8 years a lot could happen. If this house is in the country there may be less demand for these in 8 years. You may be able to 3d print one in 8 years, or truck a prefab one in for cheap. You or a family member may develop a disability and want t...
by Cycle
Sat Feb 16, 2019 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 375
Views: 40390

Re: Losing a job in your 50's...

Make hay while the sun shines. Save in your 20s and unemployment will be a vacation, not a stressor. For me, I disagree with point 3. I've already optimized my expenses so much that there isn't much fat to trim, ie the big levers have been pulled and are in effect regardless of employment status. Th...
by Cycle
Fri Feb 15, 2019 7:28 pm
Forum: Investing - Theory, News & General
Topic: Did you get spooked by the December 2018 fall and gave up on passive?
Replies: 133
Views: 7505

Re: Did you get spooked by the December 2018 fall and gave up on passive?

No, i just bought every Wednesday as always. The December drop wasn't even worth click bait.

I did tax loss harvest though :moneybag
by Cycle
Tue Feb 12, 2019 10:48 pm
Forum: Personal Consumer Issues
Topic: Passport Photos ?
Replies: 85
Views: 3732

Re: Passport Photos ?

I diy, but it is the worst return on your time imaginable, just have them taken there if they offer it.
by Cycle
Tue Feb 12, 2019 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Where to put money aside for car fund?
Replies: 12
Views: 1114

Re: Where to put money aside for car fund?

emergency fund for my wifes car, which earns 2% (checking account). we would never spend more than like 5-8k tho, well she would but i would veto
by Cycle
Tue Feb 12, 2019 12:25 pm
Forum: Personal Consumer Issues
Topic: Thoreau Simplify
Replies: 64
Views: 6663

Re: Thoreau Simplify

But I don't have any social media accounts. No Facebook no Twitter, no Instagram, etc. I find that it's really mostly about people curating their lives and then presenting a highly idealized version of their life to other people in order to convey something about themselves. You realize internet fo...
by Cycle
Tue Feb 12, 2019 11:16 am
Forum: Investing - Theory, News & General
Topic: How Investing Ability Changes With Age --blog post
Replies: 33
Views: 2525

Re: How Investing Ability Changes With Age --blog post

No wonder there are so many reverse mortgage and liberty mutual life insurance ads during Murder She Wrote
by Cycle
Mon Feb 11, 2019 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: How do I keep from becoming irrelevant
Replies: 57
Views: 7382

Re: How do I keep from becoming irrelevant

As an old millennial, I like to out millennial young millennials. Need to practice all the latest millennial practices. No car, bike to work Don't eat beef/pork. Strict Paleo. Eat once per day. Power lift. Save 70% of income. Shame air travel. Live in a dense city. I've even noticed two of my collea...
by Cycle
Sat Feb 09, 2019 7:18 pm
Forum: Personal Consumer Issues
Topic: Thoreau Simplify
Replies: 64
Views: 6663

Re: Thoreau Simplify

Currently applying to a less prestigious job that I'll be able to bike to in 15-20 minutes. This will save me 40 minutes a day by not having to take the shuttle out to the fancy pants megacorp campus in the suburbs. Live in a duplex, pretty small 2br/1ba unit. Too small to be anything other than a m...
by Cycle
Sat Feb 09, 2019 6:23 pm
Forum: Personal Consumer Issues
Topic: Would you eat lab grown meat?
Replies: 64
Views: 1625

Re: Would you eat lab grown meat?

Mike Scott wrote:
Sat Feb 09, 2019 5:08 pm
It has to make it to market as a viable product first but why not?
Exactly, it will be widely adopted by BHs only after appearing on Aldi's shelves
by Cycle
Sat Feb 09, 2019 3:36 pm
Forum: Personal Consumer Issues
Topic: Would you eat lab grown meat?
Replies: 64
Views: 1625

Re: Would you eat lab grown meat?

I would start eating beef/pork meat again if it were sustainable, like with lab grown protein. I mainly eat chicken for protein, but would consider insects if it was palletable and sustainable Changing ones diet is pretty low hanging fruit to reduce an individuals carbon footprint, if u care about t...
by Cycle
Sat Feb 09, 2019 3:25 pm
Forum: Personal Consumer Issues
Topic: Would you eat lab grown meat?
Replies: 64
Views: 1625

Re: Would you eat lab grown meat?

retiredjg wrote:
Sat Feb 09, 2019 3:10 pm
Meat grown in a petri dish as opposed to meat grown on an animal? This would not interest me.
So you're saying I should drop the petrimeat.com url I have listed for sale? I thought it sounded cute.
by Cycle
Sat Feb 09, 2019 10:12 am
Forum: Personal Investments
Topic: 529 - fund with taxable (short term cap gains) vs. new money
Replies: 8
Views: 298

Re: 529 - fund with taxable (short term cap gains) vs. new money

Why are there only two options? You could put $50,000 from your taxable in now and then $2,000/week for 50 weeks. Or $2,000 a week now and then wait to sell the taxable once you have LTCG, assuming that your investment holds its value. A lot depends on what the taxable is invested in too. Currently...
by Cycle
Fri Feb 08, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: IT certifications
Replies: 22
Views: 1132

Re: IT certifications

I had an incose csep, but didn't see the point of paying the fee to keep it current, even if my employer paid it. With these lapsed certs, do people just say e.g. "CSEP, 2012-2015, lapsed" on a resume?
by Cycle
Fri Feb 08, 2019 2:20 pm
Forum: Personal Investments
Topic: 529 - fund with taxable (short term cap gains) vs. new money
Replies: 8
Views: 298

Re: 529 - fund with taxable (short term cap gains) vs. new money

Darth Xanadu wrote:
Fri Feb 08, 2019 1:54 pm
What, if any, state tax benefits do you get for 529? Does option 1 reduce that state tax benefit?
In Minnesota a couple gets a 3k total deduction per year. So looks like I should also trickle 3k in per year on top of the initial bolus the first 1-2 years.
by Cycle
Fri Feb 08, 2019 1:49 pm
Forum: Personal Investments
Topic: 529 - fund with taxable (short term cap gains) vs. new money
Replies: 8
Views: 298

Re: 529 - fund with taxable (short term cap gains) vs. new money

Assuming by "new child" you mean a newborn, a $150k lump sum investment now will likely pay for seven years of college even Newborn. If we have a 2nd as we plan, I'd just put another 50k in that. So 200k for 2 kids growing tax free for ~ 18 years. No additional payments beyond this initial bolus. I...
by Cycle
Fri Feb 08, 2019 12:42 pm
Forum: Personal Investments
Topic: 529 - fund with taxable (short term cap gains) vs. new money
Replies: 8
Views: 298

529 - fund with taxable (short term cap gains) vs. new money

I have a new child. I'm going to put 150k into his 529. I have 150k in taxable that has 9k in gains from a Tax Loss Harvest in December. We have $2k per week to invest in taxable or 529. Which is optimal and what are the tradeoffs? Thanks Option 1: I take the short term cap gains on the taxable ($9k...
by Cycle
Fri Feb 08, 2019 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Is the MBA degree market saturated?
Replies: 39
Views: 3511

Re: Is the MBA degree market saturated?

Just read this book once every couple years.

https://personalmba.com

There I saved u 100k.
by Cycle
Fri Feb 08, 2019 8:51 am
Forum: Personal Consumer Issues
Topic: How many hours do you work and what do you outsource
Replies: 88
Views: 7561

Re: How many hours do you work and what do you outsource

40hrs/WK. Individual contributor (engineer). I don't need to outsource anything since we have a small apartment that Marie kondo would approve of and is easy to clean. We have a small lot that is easy to mow with a reel mower / clear snow with a shovel (15-20 minutes). Also, fitness is very importan...
by Cycle
Thu Jan 17, 2019 5:02 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 114
Views: 11633

Re: Bogle "5% Gold"

If you ever need gold due to a catastrophe, that gold better be at home. The workers at the bank will loot the safety deposit boxes. Gold held by a fund will not be worth anything as you'll have no way to get to the fund holding location to make a withdrawal, and it will likely have been seized by t...
by Cycle
Thu Jan 17, 2019 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Have I Now Become Out of Touch Financially? Aging question...
Replies: 90
Views: 11371

Re: Have I Now Become Out of Touch Financially? Aging question...

Yes. You are out of touch. The entirety of SoCal is out of touch. Come visit the midwest or south and see how many people drive 100k-200k cars or live in million dollar houses. Heck, if I see a CPO Mercedes driving around it requires a double take. You would instantly become one of the flashiest pe...
by Cycle
Wed Jan 16, 2019 10:12 pm
Forum: Investing - Theory, News & General
Topic: When would you stop being a Boglehead?
Replies: 95
Views: 7597

Re: When would you stop being a Boglehead?

I think I'd try to give away the excess money at some point, so I'd always be just managing it myself. The number is NW+1MM on any given day
by Cycle
Wed Jan 16, 2019 10:05 pm
Forum: Personal Investments
Topic: 100% in VTSAX - Is it crazy???
Replies: 82
Views: 8431

Re: 100% in VTSAX - Is it crazy???

I could see doing that with vanguard total world admiral. I read on BH that customer service rep said in 2019 they may make total world admiral.
by Cycle
Wed Jan 16, 2019 9:56 pm
Forum: Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 221
Views: 17261

Re: Why are you NOT buying rental properties?

I highly recommend that anyone interested in being a landlord read Evicted , authored by a recipient of the MacArthur Genius grant. If your state allows, doing 30 day leases allows one to circumvent the eviction process by simply terminating the lease and eating the rent gap for 1-2 months. I hate ...
by Cycle
Wed Jan 16, 2019 9:45 pm
Forum: Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 221
Views: 17261

Re: Why are you NOT buying rental properties?

I have one duplex i rent out. I only do month to month leases. I live in one half. It's not a bad deal. I invested $145k cash for the rented unit, no mortgage, and I get $1600/mo in Minneapolis. I'd consider getting another, but only when the real estate market tanks. I don't think it'd be worth it ...
by Cycle
Mon Jan 14, 2019 4:43 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 10092

Re: Disciplined with finances, but not so with diet

What if he works from home? My commute to my home office is only about 30 steps. Since you don't commute, you could ride a bike 20 miles before starting work. I used to do that when I had a job close to my home. Op has no discipline, so that's a non starter for them and frankly 99.9% of the populat...
by Cycle
Mon Jan 14, 2019 4:36 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 10092

Re: Disciplined with finances, but not so with diet

What if he works from home? My commute to my home office is only about 30 steps. Then my advice doesn't apply unless op is willing to get a new job. Its great that you don't need discipline because you bike to work every day. I know some folks that do it in the NorthEast (even on days when the weat...
by Cycle
Mon Jan 14, 2019 4:20 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 10092

Re: Disciplined with finances, but not so with diet

DaftInvestor wrote:
Mon Jan 14, 2019 4:10 pm
What if he works from home? My commute to my home office is only about 30 steps.
Then my solid gold advice doesn't apply unless op is willing to get a new job. Personally I wouldnt want to work from home since I enjoy bike commuting so much, it's the best part of my day.
by Cycle
Mon Jan 14, 2019 4:08 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 10092

Re: Disciplined with finances, but not so with diet

This whole debate is crazy. Without the discipline none of it matters. The OP says he has no discipline. With all the disparate views posted here he may only see it as a diversion to actually starting to work on his weight loss. OPs original post has to do with discipline and the replies have not f...
by Cycle
Mon Jan 14, 2019 3:45 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 10092

Re: Disciplined with finances, but not so with diet

Exercise? just sell you car and bike to work Don't want to exercise today? Well you'll be fired for not showing up, so looks like it's another obligatory exercise day. Exactly what I did. Obligatory 60 minutes of daily exercise 5 days a week just with the simple act of going to work and then going ...
by Cycle
Mon Jan 14, 2019 12:18 pm
Forum: Personal Consumer Issues
Topic: How do I stop jeans from ripping in the thighs?
Replies: 70
Views: 4459

Re: How do I stop jeans from ripping in the thighs?

Muumuu's can be worn by men or women and would resolve your issue
by Cycle
Sun Jan 13, 2019 8:33 pm
Forum: Personal Investments
Topic: I know market timing is a fool's game but...
Replies: 59
Views: 4891

Re: I know market timing is a fool's game but...

no, still buying as usual. once per week for taxable/529 and once per pay check for 401k.
by Cycle
Sun Jan 13, 2019 1:19 pm
Forum: Personal Consumer Issues
Topic: ROI calc on grocery expenses
Replies: 29
Views: 1939

Re: ROI calc on grocery expenses

It's just too risky, the medical device companies may start offering a ZERO cost Mac and cheese subscription, and you've already locked yourself into a long term contract.
by Cycle
Sun Jan 13, 2019 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Dropping collision insurance on auto policy for older car?
Replies: 25
Views: 2156

Re: Dropping collision insurance on auto policy for older car?

Self insure on collision. We never own a vehicle that is so expensive that we need to carry collision, so they're replaceable for less than 10k. For my wife's vehicle.
by Cycle
Sun Jan 13, 2019 1:08 pm
Forum: Personal Investments
Topic: Fidelity Zero Funds
Replies: 35
Views: 2679

Re: Fidelity Zero Funds

Don't be a first adopter, that's why I didn't switch to Fidelity zero when TLHing this year.

The difference in fees is pretty small, so just wait a couple years to see the tax efficiency and tracking to the index.