Search found 1773 matches

by investingdad
Thu Jun 11, 2020 10:16 am
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 30746

Re: What fun car should I get in the $150k - $200k range?

That is an interesting question. :) Unless they have the same passion, that's an excellent point: it's actually a $300-$400k expense we're looking at here. That might change some of the responses. An eye for an eye. A tooth for a tooth. Is that how your marriages work? I've never ran out and purcha...
by investingdad
Wed Jun 10, 2020 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1928
Views: 469923

Re: Share your net worth progression

Age: 45, Spouse 44, 2 kids Dec 1999: Graduated college with $2000 savings. No debt. Fortunate tuition was paid by very frugal parents. Very inexpensive college 2000: $10K (felt amazing hitting the first milestone, my salary was $40K, spouse (fiance then) $50K) 2001: 35K 2002: $50K (Lost job due to ...
by investingdad
Tue Jun 09, 2020 12:42 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 30746

Re: What fun car should I get in the $150k - $200k range?

BuckyBadger wrote: Tue Jun 09, 2020 12:26 pm Still wondering how the wife is spending her $200k?
That is an interesting question. :)
by investingdad
Tue Jun 09, 2020 12:08 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 30746

Re: What fun car should I get in the $150k - $200k range?

Folks that are calling $3 million ... a multimillionaire type situation that can easily drop 200k on a car are not even close, in my opinion. But 200k car territory? Not even close. Seriously??? A "multimillionaire type situation" is EXACTLY what the OP is in!!! I get it. You want to hoard your mon...
by investingdad
Tue Jun 09, 2020 11:14 am
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 30746

Re: What fun car should I get in the $150k - $200k range?

Folks that are calling $3 million ... a multimillionaire type situation that can easily drop 200k on a car are not even close, in my opinion. But 200k car territory? Not even close. Seriously??? A "multimillionaire type situation" is EXACTLY what the OP is in!!! I get it. You want to hoard your mon...
by investingdad
Tue Jun 09, 2020 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1928
Views: 469923

Re: Share your net worth progression

Amazingly, we have just surpassed our all time high from back in Feb of this year. So I'll contribute my experience to this thread by stating my strategy during the Covid19 pandemic has been this: "We're down 20 plus percent in a matter of 3 weeks. I have zero idea what to do. All I can do is carry ...
by investingdad
Mon Jun 08, 2020 1:32 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 30746

Re: What fun car should I get in the $150k - $200k range?

OP,

I'm not trying to be belligerent and I apologize if I came off that way. I think I'm just having a hard time rationalizing that kind of purchase given our similar situations.
by investingdad
Mon Jun 08, 2020 1:24 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 30746

Re: What fun car should I get in the $150k - $200k range?

I'm 46. Our portfolio is just a tad over $3 million and we have maybe 110k in cash. We owe about 180k on our mortgage. Our combined base income is 275k, bonuses can add up to 50k. I think it's crazy to drop 150k on a car, and I'm coming from almost EXACTLY the same place financially. But that's me....
by investingdad
Sun Jun 07, 2020 7:15 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 30746

Re: What fun car should I get in the $150k - $200k range?

I'm 46. Our portfolio is just a tad over $3 million and we have maybe 110k in cash. We owe about 180k on our mortgage. Our combined base income is 275k, bonuses can add up to 50k. I think it's crazy to drop 150k on a car, and I'm coming from almost EXACTLY the same place financially. But that's me....
by investingdad
Sun Jun 07, 2020 6:25 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 30746

Re: What fun car should I get in the $150k - $200k range?

Someone said you should have $25M to buy a car like this. I don’t agree, that’s too high, but with only $3M and without a paid off house, I’d spend less than $150k on a toy. That might be me you’re referring to. I felt that he “sounded” like someone who had crossed the $25M milestone. I could also ...
by investingdad
Sun Jun 07, 2020 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford 600k house?
Replies: 95
Views: 9027

Re: Can we afford 600k house?

Don’t listen to the haters. I was making 117k when I bought my 600k house. I even only put 10% down and my wife didn’t work. I made it work. Since when did running financial scenarios and making recommendations based on likely outcomes make somebody a "hater"? Person A: can I afford this? Person B:...
by investingdad
Sun Jun 07, 2020 7:33 am
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 30746

Re: What fun car should I get in the $150k - $200k range?

Here's my next question...is this sort of car going to fit in with the neighborhood? Glad I never concerned myself with questions like these. There were a number of cars I owned that would likely not 'fit into the neighborhood". Interestingly at different times the reasons would vary - too cheap, t...
by investingdad
Sun Jun 07, 2020 7:02 am
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 30746

Re: What fun car should I get in the $150k - $200k range?

Here's my next question...is this sort of car going to fit in with the neighborhood? Glad I never concerned myself with questions like these. There were a number of cars I owned that would likely not 'fit into the neighborhood". Interestingly at different times the reasons would vary - too cheap, t...
by investingdad
Sat Jun 06, 2020 8:47 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 30746

Re: What fun car should I get in the $150k - $200k range?

Here's my next question...is this sort of car going to fit in with the neighborhood?
by investingdad
Sat Jun 06, 2020 5:31 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 30746

Re: What fun car should I get in the $150k - $200k range?

Isn't anybody going to inquire about the important milestones the OP referenced? It is here for those interested.... https://www.bogleheads.org/forum/viewtopic.php?f=2&t=314143&p=5237213#p5237213 Wait, am i understanding that the OP is propposing a 150K car because they hit a $3 million portfolio? ...
by investingdad
Sat Jun 06, 2020 1:44 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 499
Views: 30746

Re: What fun car should I get in the $150k - $200k range?

Isn't anybody going to inquire about the important milestones the OP referenced?
by investingdad
Fri Jun 05, 2020 8:27 am
Forum: Investing - Theory, News & General
Topic: Anyone screwed up timing the market?
Replies: 94
Views: 8883

Re: Anyone screwed up timing the market?

I followed my strategy just as I did in 2008...i did nothing and continued to buy as normal. I wasn't loving it in March. But I feel really smart right now. I'm not. I just feel smart for sticking with the plan to not act. My opinion is that this has been a massive, three month wealth transfer. Peop...
by investingdad
Thu Jun 04, 2020 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Late husband's life insurance from childhood
Replies: 21
Views: 2674

Re: Late husband's life insurance from childhood

I guess I've always been in the camp of never quite understanding the point of life insurance on a young child. My wife and I have term policies on ourselves that expire when our oldest turns 20. The idea being to provide our kids with a source of money if something happens to us. But I remember see...
by investingdad
Wed May 27, 2020 6:54 am
Forum: Investing - Theory, News & General
Topic: Anyone screwed up timing the market?
Replies: 94
Views: 8883

Re: Anyone screwed up timing the market?

I stayed in but didn't rebalance. I should have done so but I don't like making big trades when things are so volatile. Never had a chance for the market to find a bottom. Missed opportunity for sure but I am OK with it. One thing I have been good at as an investor is never, ever sell when stocks a...
by investingdad
Tue May 26, 2020 10:40 am
Forum: Investing - Theory, News & General
Topic: Bogleheads: What is your largest single stock holding? (if any)
Replies: 79
Views: 4354

Re: Bogleheads: What is your largest single stock holding? (if any)

My wife's company. She gets stock as part of her compensation. It's about 12% right now.

It's generated very large returns for us.
by investingdad
Fri May 22, 2020 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12680

Re: Selling home - low ball negotiation

We've only sold one house, that was in 2010. We were aggressive in our price relative to other sellers in our neighborhood, we still had to come down almost 10% to close. I wasn't insulted. I was just glad to get out of there. Years of road noise was driving me crazy. Must not have bothered the buye...
by investingdad
Wed May 20, 2020 12:51 pm
Forum: Personal Consumer Issues
Topic: COVID - 19 things to do
Replies: 51
Views: 4420

Re: COVID - 19 things to do

Been playing video games a bit more at night since my commute changed from a 35 min drive to a walk to home office, so I'm sleeping later in the morning.

More family movie nights.

More frequent music playing/practice.
by investingdad
Tue May 12, 2020 10:20 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3208
Views: 552617

Re: What are you up YTD? [Year To Date]

Our portfolio is about 70/30.

From the high, -7.2%.

From 1/1/2020, -4.4%.

At the low, it was -25% relative to the high.
by investingdad
Sat May 09, 2020 8:32 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13795

Re: Will "work from home" destroy the commercial real estate market?

I'm in the camp that this will be largely forgotten in a few years, like everything.

My group is already flexible on WFH. But permanent one or two days of home would not be bad.
by investingdad
Thu May 07, 2020 6:29 am
Forum: Investing - Theory, News & General
Topic: Yahoo: The Downsides of 401(k)s That You’ve Never Heard Of
Replies: 60
Views: 7987

Re: Yahoo: The Downsides of 401(k)s That You’ve Never Heard Of

baconavocado wrote: Tue Oct 22, 2019 12:04 am Every time I open Yahoo Finance, the first thing that appears is either "Motley Fool Issues Rare Double Down" or "Man Makes $3M Day Trading".

Ignore.
The day trade ad, yep...the two guys on the private jet. Love it.
by investingdad
Wed Apr 29, 2020 8:55 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 590
Views: 24219

Re: Bird watchers – what birds are you seeing?

In PA, the sign of summer to me is the barn Swallows. They usually come out when I mow the lawn as it scares up a ton of insects. Not seen any yet.
by investingdad
Tue Apr 28, 2020 6:17 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 590
Views: 24219

Re: Bird watchers – what birds are you seeing?

Saw two blue Herron over the pond in the middle of our neighborhood a few days ago. Cardinal was in our backyard yesterday. A pair of mourning doves is nesting around our deck, and mating on our deck...so I guess they're not leaving. And my daughter saw a Bald Eagle fly over last week. I'm pretty su...
by investingdad
Sun Apr 26, 2020 8:06 am
Forum: Personal Consumer Issues
Topic: Have you tracked spending during quarantine?
Replies: 52
Views: 3465

Have you tracked spending during quarantine?

If you use something like Quicken, knowing spending during quarantine is easy.

Since the start of the year, our spending is down 25%. It will come down even more when deposits on vacation plans start to come back.
by investingdad
Sun Apr 19, 2020 5:36 pm
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 590
Views: 24219

Re: Bird watchers – what birds are you seeing?

Figures. I don't take my cellphone with me and there's a Great Blue Heron standing in the creek at the back of my property. :shock: We stared at each other for a while. I got to within 100 feet of him until he(?) decided to move further away. I've seen herons before, but never this close. He(?) was...
by investingdad
Sun Apr 19, 2020 8:49 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 590
Views: 24219

Re: Bird watchers – what birds are you seeing?

I'm not a bird watcher but I saw this thread and wanted to mention that we have a bird around I've never seen before. An albino Robin. I also didn't realize that Robins stay in one place once they return for Spring. The albino has been around our house since arriving about a month ago. I also spott...
by investingdad
Sun Apr 19, 2020 7:43 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 590
Views: 24219

Re: Bird watchers – what birds are you seeing?

I'm not a bird watcher but I saw this thread and wanted to mention that we have a bird around I've never seen before. An albino Robin. I also didn't realize that Robins stay in one place once they return for Spring. The albino has been around our house since arriving about a month ago. I also spotte...
by investingdad
Tue Apr 14, 2020 8:22 am
Forum: Personal Finance (Not Investing)
Topic: How many paid for kids' college?
Replies: 282
Views: 14383

Re: How many paid for kids' college?

Our oldest is a high school freshman.

Our plan is to pay for undergrad for both kids, up to cost of a in-state, State U.

We did not open 529 plans, prioritizing our retirement savings instead.
by investingdad
Sat Apr 11, 2020 8:55 am
Forum: Personal Finance (Not Investing)
Topic: The market correction fixed my portfolio mix
Replies: 2
Views: 245

The market correction fixed my portfolio mix

I finally decided to peak at Quicken, mostly because i needed to update accounts. As of Thursday, we are down about 10% from our net worth high. And after 5 years of rebalancing to get to 65/30/5 but having the market run up keep us equity heavy, our bonds are now 31% of our portfolio. So I guess th...
by investingdad
Sat Apr 11, 2020 8:48 am
Forum: Personal Finance (Not Investing)
Topic: [Government stimulus payments]
Replies: 361
Views: 29685

Re: just got my $1200 stimulus payment

just checked my bank acct because I heard the stimulus payments could be as early as today. Sure enough $1200 dumped in savings. Not sure how to make this actionable other than to say I plan to invest it. anyone else get theirs today? No, not here. I make way too much to qualify. I am happy to hear...
by investingdad
Wed Apr 01, 2020 8:02 pm
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 19480

Re: Is the coming pain really "priced in"?

The pandemic is bad, yes...but the world survived the Spanish flu.

I don't think doomsday is upon us just yet.
by investingdad
Mon Mar 30, 2020 6:31 am
Forum: Investing - Theory, News & General
Topic: Where's Warren Buffett During This Crisis?
Replies: 181
Views: 26114

Re: Where's Warren Buffett During This Crisis?

I skimmed the annual report and newsletter for BRK this weekend and all I could think was, "Wow, this sure is out of date for only being written a few weeks ago."
by investingdad
Tue Mar 24, 2020 6:52 am
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 372
Views: 38661

Re: It's Not Different This Time

This time it actually is different. We KNOW we'll get through this (as a society). There is an end in site. What is that end? In six months, either the vast majority of the population will be infected, go through the illness, and be either immune on the other side or dead. Or (the other option) is ...
by investingdad
Sun Mar 22, 2020 5:19 pm
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 372
Views: 38661

Re: It's Not Different This Time

I don't know how much our portfolio is down because I haven't looked. If it were 7 figures, I would not be surprised. I do not like this. I foresaw issues here such that we stocked up on food and other stuff weeks before crap hit the fan. But I didn't make investment changes. Because, honestly, I di...
by investingdad
Sun Mar 22, 2020 10:50 am
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 55591

Re: How Is Your Job Being Impacted By The Current Crisis?

I work for a company that has been determined to be a critical supplier of materials.

My wife, same.

My concern is how important my specific engineering role really is to the company.
by investingdad
Sun Mar 22, 2020 8:56 am
Forum: Personal Finance (Not Investing)
Topic: How my grandfather managed during the Depression
Replies: 2
Views: 1120

How my grandfather managed during the Depression

Amazing how much has changed in such a short period of time that I would be compelled to share this. My grandfather was born in 1903 and he passed away in the 1990s. He and his brother opened a small town hardware store while they in their mid 20s...so, mid 1920s. Way back when I was in middle schoo...
by investingdad
Sat Mar 14, 2020 10:25 am
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1661
Views: 139468

Re: Coronavirus (Consumer Issues) How you are preparing?

The TP crush is a microcosm example of lack of general prep and how "flattening the curve" is truly applicable.

If everyone gradually stored up TP during regular time, there'd be no spike and shortage now.

I did my part to flatten by stocking up weeks ago.
by investingdad
Sat Mar 14, 2020 10:06 am
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1661
Views: 139468

Re: Coronavirus (Consumer Issues) How you are preparing?

I don't think I posted in here yet. I began stocking up about 3.5 weeks ago, made 3 Costco runs during my lunch breaks. Didn't tell my wife as I figured she'd think I was crazy. I have shelf stable foods and drinks plus pet supllies that should last a while...plus meds and paper products. Now that o...
by investingdad
Wed Mar 11, 2020 10:58 am
Forum: Personal Consumer Issues
Topic: Coronavirus Movie Suggestions
Replies: 104
Views: 7254

Re: Coronavirus Movie Suggestions

I suggest reading "The Stand" rather than watching the mini series. King does a remarkable job walking us through what happens when one infected person escapes quarantine and the deadly results that follow in unexpected ways (e.g the young child that's immune but the family is dead, the immune junki...
by investingdad
Thu Feb 20, 2020 7:43 pm
Forum: Personal Consumer Issues
Topic: What do you/did you spend your bonus on?
Replies: 103
Views: 8156

Re: What do you/did you spend your bonus on?

I won't spend any of mine this year, but last year I dropped 10k of bonus money on an antique violin that I absolutely love playing.
by investingdad
Sat Feb 08, 2020 4:39 pm
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 288
Views: 37852

Re: What video games are you currently playing?

My go to game for almost 2 years has been the free pre-release Unreal Tournament first person shooter reboot that ended up abandoned because Epic stumbled into the Fortnite printing press, when their throwaway free copycat King of the Hill mode unexpectedly eclipsed the original planned Fortnite Sa...
by investingdad
Wed Jan 29, 2020 8:24 am
Forum: Personal Consumer Issues
Topic: Backyard Fountain For Noise Mitigation
Replies: 15
Views: 1650

Re: Backyard Fountain For Noise Mitigation

Our last house backed up to a country road that got more traffic than I anticipated, especially motorcycles. I tried the "Just plant some trees" idea and put in a heavy row of arborvitae shrubs. I put in a heavy, sound proof window in my son's room. I ran fans in our bedroom for white noise. You kno...
by investingdad
Sat Jan 25, 2020 5:48 pm
Forum: Personal Consumer Issues
Topic: Learning to read music
Replies: 31
Views: 1842

Re: Learning to read music

My personal journey into music is documented here. But I would like a clarification. I have gotten better at what I think is considered sight reading. E.g. I can play through a piece of music on the violin if I had never seen it before. But I must practice to smooth it out. But I struggle with note...
by investingdad
Sat Jan 25, 2020 10:59 am
Forum: Personal Consumer Issues
Topic: Learning to read music
Replies: 31
Views: 1842

Re: Learning to read music

My personal journey into music is documented here. But I would like a clarification. I have gotten better at what I think is considered sight reading. E.g. I can play through a piece of music on the violin if I had never seen it before. But I must practice to smooth it out. But I struggle with note ...
by investingdad
Wed Jan 22, 2020 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on moving to Pennsylvania
Replies: 53
Views: 4464

Re: Advice on moving to Pennsylvania

School taxes can be very high in districts with low concentration of businesses. It's not correlated to quality of the schools. The Southeast and the Pittsburgh / Erie area are quite different, separated by a 4 to 6 hour car drive. Central PA, other than Penn State, is incredibly rural. Southeast PA...
by investingdad
Wed Jan 22, 2020 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 44400

Re: Engineers - What are you making?

This thread is depressing. You think you're doing well until you go and read posts on the internet. Damn. I feel like a lot of these "engineer" salaries and benefits are what the executives at smaller companies are making. If you are content at your current employment and knowing that your pay is n...