Search found 1801 matches

by Bacchus01
Thu Aug 23, 2018 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard doesn't understand Mega-Backdoor
Replies: 55
Views: 8006

Re: Vanguard doesn't understand Mega-Backdoor

Done this with Vanguard many times. They ALWAYS know exactly what I'm talking about.
by Bacchus01
Wed Aug 22, 2018 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: I love my job but DW hates location and I'm underpaid
Replies: 28
Views: 3082

Re: I love my job but DW hates location and I'm underpaid

Do you have to live together? Maybe she can move.
by Bacchus01
Tue Aug 21, 2018 10:47 pm
Forum: Personal Consumer Issues
Topic: Toyota Camry - Considering Purchase - Panoramic Sunroof?
Replies: 30
Views: 1792

Re: Toyota Camry - Considering Purchase - Panoramic Sunroof?

I have a pano roof in my grand Cherokee. I couldn’t tell you how many times I’ve opened it in a year since I bought it. Less than three probably.
by Bacchus01
Mon Aug 20, 2018 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Retire and become an Adventure Guide
Replies: 34
Views: 2790

Re: Retire and become an Adventure Guide

I know pay stinks (think just above minimum wage) but I really am intrigued with the idea. I don't mind being away for weeks at a time and I since I will be essentially FIRE, Guides on the Colorado going thru the Grand Canyon make good money (partly with salary, a lot from Tips) - but they are very...
by Bacchus01
Mon Aug 20, 2018 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Paying a Spouse
Replies: 2
Views: 860

Re: Paying a Spouse

https://ttlc.intuit.com/questions/3216544-can-i-pay-my-spouse-to-manage-my-rental-property Thanks, but that doesn't really answer the question. It implies that it's not in an LLC, which it would be, and implies that it's moving income from one bucket to another (it's not). Being "not a good idea" d...
by Bacchus01
Mon Aug 20, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Paying a Spouse
Replies: 2
Views: 860

Paying a Spouse

We own several properties. For simplicity, I’ll focus on two. One generates income (albeit at a net loss when depreciation is taken into account) and one is a speculative piece of land that generates no income. Today we can deduct some of the taxes, but that’s about it. If I hired my wife to manage ...
by Bacchus01
Mon Aug 20, 2018 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you put away in investments?
Replies: 66
Views: 5450

Re: How much do you put away in investments?

magicrat wrote:
Mon Aug 20, 2018 12:28 pm
~$150-200k, ~40-50% of gross

Same
by Bacchus01
Mon Aug 20, 2018 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Retire and become an Adventure Guide
Replies: 34
Views: 2790

Re: Retire and become an Adventure Guide

I posted my initial response last night just before I went to bed. Since then you have gotten some very good replies. I would take seriously the suggestions that you approach this by taking relevant training programs, and augmenting them with experience such as volunteer trail maintenance, or manni...
by Bacchus01
Mon Aug 20, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 91
Views: 10385

Re: Vanguard predicts 10 year equity returns

I don't think awareness of a good faith best estimate of how things might play out in the medium-term necessarily equates to market timing. In my view their are three valid aspects to consider. 1. A person in their heavy-lifting accumulation years might consider a higher contribution rate if they h...
by Bacchus01
Mon Aug 20, 2018 9:35 am
Forum: Personal Consumer Issues
Topic: Where to buy white, athletic fit dress shirt?
Replies: 52
Views: 3044

Re: Where to buy white, athletic fit dress shirt?

Thanks all for the replies. Some great options. Athletic fit? I didn't know that was a thing. Had to google it. Yup. It's a thing. But also... a humble brag? LOL. Anyway. I wouldn't know. I like to stay active but I like to eat too. To me, a six pack is something you drink. And.. I haven't worn a w...
by Bacchus01
Mon Aug 20, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: Where to buy white, athletic fit dress shirt?
Replies: 52
Views: 3044

Re: Where to buy white, athletic fit dress shirt?

I'm looking for a new dress shirt to wear with a suit. Would like something with an athletic fit and that looks nice. I'll only wear it once or twice a year so not looking to spend a ton, unless there's a significant difference in look and quality. Any recommendations? I've had success at Kohl's an...
by Bacchus01
Mon Aug 20, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Retire and become an Adventure Guide
Replies: 34
Views: 2790

Re: Retire and become an Adventure Guide

An option is not to guide but to volunteer to work on trails. For example, Washington Trails Association (WTA) in Washington state has a backcountry response team which takes volunteers out on trails to do trail work. No demanding clients to look after, beautiful scenery and working with people who...
by Bacchus01
Mon Aug 20, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Retire and become an Adventure Guide
Replies: 34
Views: 2790

Re: Retire and become an Adventure Guide

It does not seem like a reasonable idea. You are 45, maybe an age bias when you go to get hired. Also, what experience? Why would they hire you? You've done some hiking trips. You will have to make an impression. What are your people skills? Customers can drive you crazy. You don't get to pick them...
by Bacchus01
Mon Aug 20, 2018 6:14 am
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 91
Views: 10385

Re: Vanguard predicts 10 year equity returns

I read the entire article and thought it was good. Vanguard's predictions of 10 yr. returns are much lower than either the last decade's or long term historical averages. I don't believe any predictions by anyone are rock solid but as predictions go, Vanguard's seem to me as reasonable as anyone's ...
by Bacchus01
Mon Aug 20, 2018 6:11 am
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 91
Views: 10385

Re: Vanguard predicts 10 year equity returns

The next 10 years aren’t as important to me as the following 10 years after that. Can someone tell me what those returns will be? In all seriousness, those numbers by Vanguard look really low for nominal. That would imply that there is a massive excess of capital and the cost of capital would be sit...
by Bacchus01
Sun Aug 19, 2018 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Retire and become an Adventure Guide
Replies: 34
Views: 2790

Re: Retire and become an Adventure Guide

flyingaway wrote:
Sun Aug 19, 2018 9:23 pm
If you do not consider that as a job (since you are retired), then the pay does not matter. If it comes with health insurance, you might get serious competitions for the job.
Pay will be largely irrelevant to me. Insurance would be a huge bonus.
by Bacchus01
Sun Aug 19, 2018 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Retire and become an Adventure Guide
Replies: 34
Views: 2790

Re: Retire and become an Adventure Guide

brokendirtdart wrote:
Sun Aug 19, 2018 9:09 pm
Let me just subscribe to this thread, because at 45 and 30ish months away from military retirement, I have considered national/state park jobs as a second career.
coolworks.com seems to be one of the best sites for opportunities, but so far most have been CSR/Cook/Clean ones that I've seen.
by Bacchus01
Sun Aug 19, 2018 9:00 pm
Forum: Personal Consumer Issues
Topic: Costco penny install sale & road hazard terms
Replies: 31
Views: 2835

Re: Costco penny install sale & road hazard terms

I intended to buy tires at Costco several weeks ago, but when I went into the store and visited the tire department with a couple of questions there was no one there. I stopped back later and there were about 12 people waiting for assistance and one very busy guy working behind the counter. Judging...
by Bacchus01
Sun Aug 19, 2018 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Retire and become an Adventure Guide
Replies: 34
Views: 2790

Retire and become an Adventure Guide

I'm starting to chart out my early retirement options. One thing I love to do is hike the national parks and don't mind the rough stuff. So, I thought about working summers as a guide for one of the services. I'm wondering if anyone has done this and knows about the process and/or pros/cons of it. I...
by Bacchus01
Fri Aug 17, 2018 6:42 am
Forum: Personal Consumer Issues
Topic: Costco penny install sale & road hazard terms
Replies: 31
Views: 2835

Re: Costco penny install sale & road hazard terms

I intended to buy tires at Costco several weeks ago, but when I went into the store and visited the tire department with a couple of questions there was no one there. I stopped back later and there were about 12 people waiting for assistance and one very busy guy working behind the counter. Judging...
by Bacchus01
Thu Aug 16, 2018 10:51 pm
Forum: Investing - Theory, News & General
Topic: Fidelity 401(k) millionaires hits record high
Replies: 48
Views: 5715

Re: Fidelity 401(k) millionaires hits record high

You would have to be working over 22-23 years (25 years realistically), just about maxing-out year after year, get decent employer matching, keep invested in equities (than jumping out of market, or request too many loans etc), incur low expenses charged by Funds, expect decent market returns, go t...
by Bacchus01
Thu Aug 16, 2018 10:44 pm
Forum: Investing - Theory, News & General
Topic: Fidelity 401(k) millionaires hits record high
Replies: 48
Views: 5715

Re: Fidelity 401(k) millionaires hits record high

PrettyCoolWorkshop wrote:
Thu Aug 16, 2018 1:26 pm
168000/16100000*100=1.0434783

'bout a percent.

By the way, Launchy is a great program for doing math quick. Espeically with the Mathy Resurrected plugin.

https://www.launchy.net/ (not affiliated, just a fan).
Please tell me you really didn’t need a calculator for that math
by Bacchus01
Tue Aug 14, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: Master Bath remodel price?
Replies: 29
Views: 3634

Re: Master Bath remodel price?

We just remodeled our master bath late last year for $16k. It's also 2-3 times bigger than yours and we replaced everything which included new walk-in shower tile/glass door, freestanding tub, double vanity/marble tops, new toilet, additional lighting and moved a couple of drains a bit. I know it's...
by Bacchus01
Tue Aug 14, 2018 6:17 am
Forum: Investing - Help with Personal Investments
Topic: Asked my advisor about fees and here's their reply
Replies: 60
Views: 8811

Re: Asked my advisor about fees and here's their reply

John, how many funds do you have. Would you mind posting some of them along with ticker symbols? Paul Sure, heres what I see: DFTCX $47,500 DFTWX $21,500 QTMRX $18,000 DFSMX $13,700 DFTIX $13,000 BTIIX $18,000 DGEIX $11,500 DFUVX $10,600 DURPX $10,600 AMOMX $1,500 DFSVX $7800 DFSTX $6000 DFVIX $950...
by Bacchus01
Mon Aug 13, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Asked my advisor about fees and here's their reply
Replies: 60
Views: 8811

Re: Asked my advisor about fees and here's their reply

What he is charging you and the response you got seems fair.

However, if you want to do it yourself you can do it much cheaper and probably better, but it requires your time and attention.
by Bacchus01
Mon Aug 13, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 83
Views: 6226

Re: House Value & Mortgage as a Percentage of Net Worth

denovo, A) That is my safety margin to account for the ownership risk. B) Those folks are not going to pay my mortgage when I am unemployed. So, why should I care about what they think? My net worth guideline allows me to pay off the mortgage and move elsewhere at any time if I need to. I had survi...
by Bacchus01
Mon Aug 13, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: My experience with CloudReady (convert your PC or Mac into a Chromebook)
Replies: 23
Views: 2290

Re: My experience with CloudReady (convert your PC or Mac into a Chromebook)

I've got two older laptops that either have no OS installed now, or are so buggy that I don't even want to fire them up. I'd love to load CloudReady to turn them into Chromebooks for our two of our kids age 9 and 12. They use googledocs for school. Can you load this without an OS on the system now? ...
by Bacchus01
Fri Aug 10, 2018 9:26 am
Forum: Investing - Theory, News & General
Topic: Vanguard Switch to Brokerage Accounts
Replies: 60
Views: 5875

Re: Vanguard Switch to Brokerage Accounts

Believe it or not but as was posted in the last rant thread on Vanguard brokerage vs mutual fund accounts that Vanguard will be transitioning all accounts to brokerage accounts in the near future. I would not be making long tern plans based on the mutual fund structure. However, we also know Vangua...
by Bacchus01
Thu Aug 09, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 15471

Re: Will you pay for your kids' college/graduate education?

IMHO, parents should pay for education in proportion to what they can really afford. Country club parents, stretched to the financial limit, with two leased luxury cars who refuse to pay are cheating their children. But a hardworking two parent couple, with a house, a few cars and a summer trip to ...
by Bacchus01
Tue Aug 07, 2018 8:27 pm
Forum: Personal Consumer Issues
Topic: whole house generator different questions
Replies: 21
Views: 1670

Re: whole house generator different questions

I know there's another whole house generator thread, but I have different questions. I had a Generac dealer out today for an estimate. I want an idiot proof generator that runs on natural gas and goes on and off by itself, and a maintenance contract so it all blissfully works without my getting inv...
by Bacchus01
Tue Aug 07, 2018 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 15471

Re: Will you pay for your kids' college/graduate education?

Problem with merit-based assessments (athletic or academic or however) is that the kid with the least abilities is the one who needs help the most. Society chooses to mostly ignore such weak kids because society benefits the most from those with the greatest abilities. But it's your kid... It's als...
by Bacchus01
Mon Aug 06, 2018 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 15471

Re: Will you pay for your kids' college/graduate education?

NotWhoYouThink wrote:
Mon Aug 06, 2018 7:30 pm
Which would have to be co-signed.
And?
by Bacchus01
Mon Aug 06, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 15471

Re: Will you pay for your kids' college/graduate education?

UW Madison is about $10,500 for tuition/fees for instate. It's a top 25 world university, and is inside the Top 25-50 in nearly every major discipline. You're right, in-state flagship Us are still pretty reasonable. And I don't think graduating college with $30K in student loans (about the average)...
by Bacchus01
Mon Aug 06, 2018 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 76
Views: 14382

Re: I pay $6K in rent. Am I an idiot for not buying?

If it was cheaper to rent, then why would the owner rent it? Rent is almost always dollars and cents more expensive. Not necessarily true. For example, in the SF Bay Area (and Cali in general), prop 13 dramatically limits the property taxes of many of these homes that have been owned for 20+ years....
by Bacchus01
Mon Aug 06, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 15471

Re: Will you pay for your kids' college/graduate education?

The only realities are: 1. College and graduate school costs have increased for EVERYONE since they last went to school (20 years ago+), 2. Paying for college costs are expensive and for most will have some dent to their personal savings themselves for retirement, and 3. College debt is starting be...
by Bacchus01
Mon Aug 06, 2018 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 15471

Re: Will you pay for your kids' college/graduate education?

The only realities are: 1. College and graduate school costs have increased for EVERYONE since they last went to school (20 years ago+), 2. Paying for college costs are expensive and for most will have some dent to their personal savings themselves for retirement, and 3. College debt is starting be...
by Bacchus01
Mon Aug 06, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 76
Views: 14382

Re: I pay $6K in rent. Am I an idiot for not buying?

If it was cheaper to rent, then why would the owner rent it? Rent is almost always dollars and cents more expensive. In some of these insanely expensive cities, landlords are willing to take a loss on renting today because they speculate future appreciation in home prices and/or rents. I'm not sure...
by Bacchus01
Mon Aug 06, 2018 8:46 am
Forum: Personal Consumer Issues
Topic: Costco Travel Experience?
Replies: 5
Views: 733

Re: Costco Travel Experience?

Have used them for a trip to Dominican Republic. Loved it and couldn't come within 15% of the price by going elsewhere and piecing it together.

I have NEVER been able to beat Costco rental car prices, even with our large corporate discount.
by Bacchus01
Mon Aug 06, 2018 8:45 am
Forum: Investing - Theory, News & General
Topic: The stock market is shrinking.
Replies: 68
Views: 7529

Re: The stock market is shrinking.

Dan Rassmusen has made the argument that buyout firms are set up to have rather bad returns going forward because the firms they buyout are no longer all that cheap because so many institutional investors are crowding the space. He talked about this on meb fabers podcast if interested. I think ther...
by Bacchus01
Mon Aug 06, 2018 7:47 am
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 76
Views: 14382

Re: I pay $6K in rent. Am I an idiot for not buying?

If it was cheaper to rent, then why would the owner rent it? Rent is almost always dollars and cents more expensive. In some of these insanely expensive cities, landlords are willing to take a loss on renting today because they speculate future appreciation in home prices and/or rents. I'm not sure...
by Bacchus01
Mon Aug 06, 2018 5:54 am
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 76
Views: 14382

Re: I pay $6K in rent. Am I an idiot for not buying?

If it was cheaper to rent, then why would the owner rent it? Rent is almost always dollars and cents more expensive. But, that doesn’t mean you should buy. Rent gives flexibility. Rent is a hedge against the risk of a roof going bad, a heater busting, etc. The tax benefits of home ownership have bee...
by Bacchus01
Sun Aug 05, 2018 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review, Age 31, $1.5 million net worth
Replies: 38
Views: 8213

Re: Portfolio Review, Age 31, $1.5 million net worth

Just something to consider, but in 2006 at the age of 33, my wife and I had hit a net worth of just over $1M.

When the recession hit, we went down and did not get back to $1M until late 2012. It took 4+ years. Be careful.

Good luck!
by Bacchus01
Sun Aug 05, 2018 11:59 am
Forum: Investing - Theory, News & General
Topic: The stock market is shrinking.
Replies: 68
Views: 7529

Re: The stock market is shrinking.

Why not look at the rest of the line? You might want to do that yourself and notice that it levels off for about 4 years immediately AFTER the dashed red vertical line. Sure does. What does that tell you? Despite a major market correction which usually creates a rebound, SOX killed any rebound. It’...
by Bacchus01
Sun Aug 05, 2018 6:24 am
Forum: Investing - Theory, News & General
Topic: The stock market is shrinking.
Replies: 68
Views: 7529

Re: The stock market is shrinking.

1. Why is the number of publicly trade companies shrinking?... Sarbanes Oxley - makes it expensive for a smaller company to be public and is incentive to stay private. This is a huge driver for many companies The cause came six years after the effect? https://imgur.com/hnmLPBI.png Why not look at t...
by Bacchus01
Sun Aug 05, 2018 6:22 am
Forum: Personal Consumer Issues
Topic: Audi A4 -- Does Anyone Have an Opinion About It?
Replies: 31
Views: 3030

Re: Audi A4 -- Does Anyone Have an Opinion About It?

I rented one for 4 days, 300 miles last year (Silvercar). Perhaps the sportiness of any car is wasted on me. I was not impressed. I prefer Lexus LS 460 (costlier, I think) and Toyota Avalon (cheaper, I think) to the Audi A4. I like quiet reliable cars. It was not a bad car, but just not worth the p...
by Bacchus01
Sun Aug 05, 2018 6:16 am
Forum: Investing - Help with Personal Investments
Topic: How many years till FIRE? Which path would you choose?
Replies: 38
Views: 4788

Re: How many years till FIRE? Which path would you choose?

- 150K/yr x25 = 3.75MM. - your NW: 1.8MM - 1.1MM = 0.7MM. - adding 270K/yr, at 5%. probably <10 years. - likely making hay while the sun then leaving CA is the most optimal path. Do you seriously expect a 70/30 AA to yield a 5% real return (i.e., after inflation)? That sounds overly optimistic to m...
by Bacchus01
Sun Aug 05, 2018 6:09 am
Forum: Investing - Theory, News & General
Topic: The stock market is shrinking.
Replies: 68
Views: 7529

Re: The stock market is shrinking.

Raabe34 wrote:
Sat Aug 04, 2018 10:55 pm
gasman wrote:
Sat Aug 04, 2018 7:51 pm
1. Why is the number of publicly trade companies shrinking?
2. What can/should an investor do other than diversify as widely as possible?
Sarbanes Oxley - makes it expensive for a smaller company to be public and is incentive to stay private.
This is a huge driver for many companies
by Bacchus01
Sat Aug 04, 2018 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with too much cash?
Replies: 24
Views: 2828

Re: What to do with too much cash?

We were almost in the same spot you are about 6-8 years ago. Ultimately I took a couple days over Christmas holiday in 2012 or so. I read every piece of the wiki I could. I wrote an investment plan with my wife. We had about $500K sitting in cash at the time. After making some moves I’m our tax def...
by Bacchus01
Sat Aug 04, 2018 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with too much cash?
Replies: 24
Views: 2828

Re: What to do with too much cash?

After making some moves I’m our tax deferred accounts, starting an HSA, funding 529s, and doing backdoor Roths, we dumped $400k of that $500k into TSM and haven’t looked back. Phew, I'm so glad to hear I'm not the only one who's found myself in this situation. Do you mind if I ask - did you do it a...
by Bacchus01
Sat Aug 04, 2018 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 15471

Re: Will you pay for your kids' college/graduate education?

Yes. We will foot it. We’d prefer to give out inheritance to our kids while alive, and a quality education is about the best inheritance we can give.