Search found 3265 matches

by edge
Sat Dec 30, 2017 8:53 pm
Forum: Personal Consumer Issues
Topic: New Job Offer Dilemma
Replies: 20
Views: 1885

Re: New Job Offer Dilemma

Doesn’t seem like a good enough opportunity to leave.
by edge
Fri Dec 29, 2017 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Best way to average 7% in $1M+ 401K for next 10 years
Replies: 29
Views: 3139

Re: Best way to average 7% in $1M+ 401K for next 10 years

No one knows. But to hit that you would have to be investing in some pretty risky stuff and things would have to turn out well. I would also question the logic of 'hitting a number'. A bear could hit right as you retire which would impact that number significantly. Targeting a broad range, understan...
by edge
Thu Dec 28, 2017 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: is using HSA as investment vehicle worth the trouble?
Replies: 50
Views: 5325

Re: is using HSA as investment vehicle worth the trouble?

I use it for current medical expenses and invest the rest.
by edge
Sat Dec 23, 2017 6:52 am
Forum: Investing - Help with Personal Investments
Topic: REIT or No REIT
Replies: 98
Views: 13656

Re: REIT or No REIT

Like what? In other news when does your newsletter come out? My case: REITs are bad investments in a rising interest rate environment since they run on borrowed money. REITs are volatile. If they drop significantly, then that will be the time to buy them, but be prepared to sell them if they go up q...
by edge
Sun Dec 17, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Clever use of a "C" Corporation
Replies: 23
Views: 3574

Re: Clever use of a "C" Corporation

I tend to agree. Some professionals basically ‘make the donuts’. For some things it’s important to explore then yourself. I don't think you should be soliciting advice from anonymous posters on the web. Those who know, here, are likely professionals. Their ethics & practices agreements of their prof...
by edge
Tue Dec 12, 2017 12:22 pm
Forum: Personal Consumer Issues
Topic: NYC restaurant suggestion
Replies: 52
Views: 4194

Re: NYC restaurant suggestion

aquavit
nobu
per se

So many others.
by edge
Sun Dec 10, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money
Replies: 76
Views: 7683

Re: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money

I disagree. What you are doing has nothing to do with any kind of engineering. If it did you would be paid more and it would likely require an engineering degree. What you are doing sounds more like Helpdesk/data center ops/IT Ops/etc. Anything operations oriented is going to be low skill and low pa...
by edge
Fri Dec 08, 2017 8:39 am
Forum: Personal Finance (Not Investing)
Topic: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money
Replies: 76
Views: 7683

Re: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money

What he is doing is not 'hardware engineering'. What he is doing is IT support, which is on the blue collar spectrum, hence the compensation. Hardware engineering is what people at Intel or AMD or other hardware companies do. For the OP: Look at the different categories/classes of IT work and consid...
by edge
Fri Dec 08, 2017 3:41 am
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 6880

Re: What do Bogleheads say when they don't want to spend money?

I don’t fully understand the question. When I don’t want to buy something I say: “I don’t want to buy that”.
by edge
Sun Dec 03, 2017 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Just downsized at age 60...input appreciated
Replies: 56
Views: 5774

Re: Just downsized at age 60...input appreciated

You may want to be slightly more conservative.
by edge
Sat Dec 02, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA - uh oh
Replies: 19
Views: 2935

Re: Backdoor Roth IRA - uh oh

I’m not following. What made you think you would be eligible for normal ROTH contributions?
by edge
Sat Dec 02, 2017 3:37 pm
Forum: Investing - Theory, News & General
Topic: Florida prepaid college plan. Dumb or undumb?
Replies: 34
Views: 13838

Re: Florida prepaid college plan. Dumb or undumb?

I wouldn’t do this. FL schools are pretty bad.
by edge
Sat Dec 02, 2017 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: The College Bubble - investment opportunities after the collapse?
Replies: 114
Views: 9194

Re: The College Bubble - investment opportunities after the collapse?

I suspect you haven’t left your cul de sac in a week or so. Along with all this, I think kids won't have to go to college anymore. This is because instead of pensions that go away when you die, their parents will have 401(k)s, 403(b)s, and IRAs that will get passed on to the children. They will be a...
by edge
Sat Dec 02, 2017 9:19 am
Forum: Personal Consumer Issues
Topic: Fair Price for a Kitchen Remodel
Replies: 37
Views: 4378

Re: Fair Price for a Kitchen Remodel

This is a rip-off.
by edge
Thu Nov 30, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 149
Views: 18394

Re: A good friend has nearly $1M in BitCoin what do I tell him?

BitCoin is pretty scary. It costs so much in electricity to mine new coins...the long term dynamics are terrifying.
by edge
Wed Nov 29, 2017 2:19 am
Forum: Personal Finance (Not Investing)
Topic: Interviewing at a former employer, should I give them my current salary when they ask?
Replies: 94
Views: 7280

Re: Interviewing at a former employer, should I give them my current salary when they ask?

You should do research and figure out what you are worth and what the targeted position should pay. Turn the discussion to that topic instead of focusing on what you currently make. In some states employers are no longer allowed to ask this question. If they become highly belligerent about it, then ...
by edge
Wed Nov 29, 2017 2:17 am
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 10595

Re: Can I afford a $1,400,000 house

Yes, you can afford this but I would wait till your debts are paid and your wife is somewhat settled in her job and you have decided this is the place to be. There are lots of 'unique' multi-million dollar homes and depending on the market they are hard to move. What is the expected PITI? Taxes coul...
by edge
Wed Nov 29, 2017 2:12 am
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 10595

Re: Can I afford a $1,400,000 house

It seems odd that your networth is so small? Did you mean > 10M? Perspective--I'm also a physician, I make about the same as the two of you combined and have NW>$1m, mostly because I'm 20 years older. My house is currently worth $600k, in California. Do yourself a favor and read The White Coat Inves...
by edge
Sun Nov 26, 2017 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking advice on 1.2m (now 900K) house purchase
Replies: 192
Views: 16873

Re: Seeking advice on 1.2m (now 900K) house purchase

Probably a good move. Assuming you like the place.
by edge
Sat Nov 25, 2017 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Investment suggestions after arrival of a new born
Replies: 13
Views: 1171

Re: Investment suggestions after arrival of a new born

You probably need term life insurance.
by edge
Sat Nov 25, 2017 9:57 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Managing Risk With Factors
Replies: 121
Views: 11632

Re: Larry Swedroe: Managing Risk With Factors

Managing risk with factors gives too much credence to our ability to predict asset class behavior.
by edge
Sat Nov 25, 2017 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 136
Views: 10783

Re: Analysis Paralysis: Can you get to the bottom of things?

Ya so rigor has no meaning in this context.
by edge
Sat Nov 25, 2017 7:37 pm
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 101
Views: 11104

Re: Why does everyone keep increasing their international stock %?

Jack Bogle is a great man. However, I am not aware he has any specific investing prowess or ‘gut’. In fact, his entire vision is predicated on individual investors not requiring investing ‘skills’. As far as the OP, I’ve been at 40% non US equities since the 90s. Haven’t changed. One reason I admire...
by edge
Sat Nov 25, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Thankful for the Debt we Took - Should we Try Again?
Replies: 95
Views: 10094

Re: Thankful for the Debt we Took - Should we Try Again?

Not with a heloc. With a primary it makes some sense.
by edge
Sat Nov 25, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 136
Views: 10783

Re: Analysis Paralysis: Can you get to the bottom of things?

I don’t even know what rigor means in this context.
by edge
Sat Nov 25, 2017 5:53 pm
Forum: Personal Consumer Issues
Topic: Any BLACK FRIDAY deals for Bogleheads?
Replies: 51
Views: 7667

Re: Any BLACK FRIDAY deals for Bogleheads?

Allen Edmonds had a pair of shoes I was going to buy anyway at 50% off.
by edge
Sat Nov 25, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Too much house, right?
Replies: 88
Views: 9349

Re: Too much house, right?

If you do this, don’t compromise on things that are very hard to change.

For example, the advice to shrink the house. Don’t do that and then spend 20 years regretting it.

You can afford it but think through each piece. For example, with kids we always wanted a neighborhood feel.
by edge
Sat Nov 25, 2017 12:04 pm
Forum: Personal Consumer Issues
Topic: What are average incomes for luxury vehicle purchases? Will help me decide
Replies: 57
Views: 4702

Re: What are average incomes for luxury vehicle purchases? Will help me decide

Um. Not sure what expensive neighborhoods you are driving through. An Escalade, a Range Rover, and a toy car (ie 911), seems to be the standard. When driving through expensive neighborhoods, you often see pretty normal, even shabby cars in the driveway. Maybe they belong to the maid, butler, gardene...
by edge
Sat Nov 25, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: What are average incomes for luxury vehicle purchases? Will help me decide
Replies: 57
Views: 4702

Re: What are average incomes for luxury vehicle purchases? Will help me decide

Eh. What is ‘luxury’? An entry level Lexus or bmw badge car or an XJ jaguar or S class Mercedes or a 911 Porsche?
by edge
Fri Nov 24, 2017 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Job Downsizing Question, HELP!
Replies: 18
Views: 1804

Re: Job Downsizing Question, HELP!

I think you are projecting too much of your personal struggle. I think you should just stay where you are with the pay cut. It happens all the time in companies. It would be hard for you to find another non-contracting job since you are not in your 20s or early 30s. Where I come from, there were fur...
by edge
Fri Nov 24, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Job Downsizing Question, HELP!
Replies: 18
Views: 1804

Re: Job Downsizing Question, HELP!

This is definitely a severable event.

I wouldnt demand one though. I would just coast and spend energy looking for a new job.
by edge
Thu Nov 23, 2017 8:43 am
Forum: Investing - Theory, News & General
Topic: "Got $1 million to retire? Here’s how long it will last, by U.S. state"
Replies: 54
Views: 14839

Re: "Got $1 million to retire? Here’s how long it will last, by U.S. state"

Umm. Taxes are horrible throughout the state. Everyone kept telling me when we moved to WNY how the cost of living was lower. Well, it wasn’t. Our house was half the cost but due to taxes our monthly payment was the same. Sales tax, much higher. Income tax, sky high. These things never work for me i...
by edge
Wed Nov 15, 2017 11:52 am
Forum: Investing - Theory, News & General
Topic: GE and the myth of "safe blue-chip stocks"
Replies: 140
Views: 20904

Re: GE and the myth of "safe blue-chip stocks"

People believe this because they have an inability to think over long periods of time. Strong companies take a while to die and it happens infrequently enough so that people operate as if it 'never happens'.
by edge
Wed Nov 08, 2017 4:01 pm
Forum: Personal Consumer Issues
Topic: Breaking point to get a new to newish car
Replies: 59
Views: 4252

Re: Breaking point to get a new to newish car

It is simple. It costs more and has less problems. I lease. Don’t have any of these problems. I have some family members who lease vehicles but have not pulled the trigger on one. I have read numerous articles and comments on leasing some good some bad but In your opinion what are the pros and cons ...
by edge
Wed Nov 08, 2017 4:00 pm
Forum: Investing - Theory, News & General
Topic: New CEO Tim Buckley: To run Vanguard, 'you have to be willing not to be a billionaire'
Replies: 24
Views: 4785

Re: New CEO Tim Buckley: To run Vanguard, 'you have to be willing not to be a billionaire'

1) The current and past CEOs are not Jack Bogle. They are corporate executives, not founders. There should be zero expectation they will become billionaires.

2) Their comp is likely roughly in-line with their competition.

This is kind of a ridiculous statement from Buckley.
by edge
Sun Oct 29, 2017 3:15 pm
Forum: Personal Consumer Issues
Topic: Breaking point to get a new to newish car
Replies: 59
Views: 4252

Re: Breaking point to get a new to newish car

I lease. Don’t have any of these problems.
by edge
Sun Oct 29, 2017 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Request for Promotion letter to Senior Management
Replies: 155
Views: 15201

Re: Request for Promotion letter to Senior Management

This seems a very strange approach. Would raise eyebrows and then probably get ignored.
by edge
Sun Oct 29, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Term life for my kids
Replies: 7
Views: 512

Re: Term life for my kids

Why do they need life insurance?
by edge
Fri Oct 27, 2017 3:24 am
Forum: Personal Finance (Not Investing)
Topic: My fear about buying a house justified?
Replies: 72
Views: 7229

Re: My fear about buying a house justified?

Many of the ones that have pensions spend all their income. I live in DC. I honestly can't figure out how people do it in this city on government salaries alone (that's not a knock on government work - I think a lot of government workers in DC are undercompensated). If you're just trying to get more...
by edge
Wed Oct 18, 2017 1:28 pm
Forum: Personal Consumer Issues
Topic: Brick Chimney Issues
Replies: 25
Views: 2101

Re: Brick Chimney Issues

You should probably remove it.
by edge
Wed Oct 18, 2017 7:56 am
Forum: Personal Consumer Issues
Topic: How did you rise into the Executive Ranks?
Replies: 19
Views: 4445

Re: How did you rise into the Executive Ranks?

I managed my career in chunks of major transformation/change/growth initiatives. After each one was completed I evaluated whether it made sense to stay or go. This resulted in several high risk/high pay changes in roles and companies. Manage your career, don't let it be at the mercy of whatever comp...
by edge
Wed Oct 18, 2017 7:50 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 562
Views: 66298

Re: Fellow TDA bogleheads

Why wouldn't you transfer in-kind? Does Schwab not let you do that with VG funds? I have heard nothing of this and actually just bought some more VTI yesterday in my TDA account (a very small amount). If they drop VTI (the only thing I buy there) as free, I'll wait for all my investments to become l...
by edge
Sun Oct 15, 2017 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Buying 2nd House - Affordability Check
Replies: 17
Views: 2405

Re: Buying 2nd House - Affordability Check

Some of you said to sell my current house and just use that for a down payment on the new house and have a lower mortgage. Yes I could do that, but wouldn't it best to have another asset for the future? Maybe, maybe not. Depends on the type of asset. Small time rentals seem like a PITA for limited ...