Search found 637 matches

by PVW
Mon Oct 01, 2018 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 10808

Re: Suze Orman - "I hate the FIRE movement."

I disagree. I think that message has a harmful effect on the average financially uneducated American who accepts her doom and gloom projections. I can see your point. My perspective is from a DIYer that might listen to her advice and use it as motivation to start serious planning. But there are pro...
by PVW
Mon Oct 01, 2018 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 10808

Re: Suze Orman - "I hate the FIRE movement."

There are many reasons Suze provided for her position. But basically, she believes that the likelihood of a person's financial career being derailed is too high for all but the very wealthy (i.e. decamillionaires) to stop working before they have to. She believes that most people should plan on wor...
by PVW
Fri Sep 28, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Public Student Loan Forgiveness Program Rejects 99% of Applicants
Replies: 27
Views: 2726

Re: Public Student Loan Forgiveness Program Rejects 99% of Applicants

"99% rejected" makes a great headline, but an even better one would be "70% of PSLF didn't bother reading the rules and 28% couldn't fill out the form right." If I thought I could get $200-300K (a very nice year's salary) out of a program, I would sure as heck put some time and effort into understa...
by PVW
Fri Sep 21, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Auto loan dispute
Replies: 9
Views: 1133

Re: Auto loan dispute

Lacking details. In many cases, if someone accidentally gives you money that is not rightfully yours, you must give it back. "I already spent it" is not a valid defense.
by PVW
Tue Sep 18, 2018 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America credit card “feature” (be careful with autopay)
Replies: 45
Views: 5616

Re: Bank of America credit card “feature” (be careful with autopay)

Does BOA even have a standard "pay the full amount of last month's bill" autopay setting? I looked and looked for it about a year ago and could only find stupid other autopay settings (like, pay the exact same dollar amount every month). So for BOA I just do a "push" auto pay from my bank's bill pa...
by PVW
Tue Sep 18, 2018 8:06 am
Forum: Investing - Theory, News & General
Topic: Unchanging opinions
Replies: 25
Views: 2513

Re: UNCHANGING OPINIONS

I remember the days when basic research would be done and we would just let it go where ever the facts would lead. Today, it seems that research must have a predetermined result. There were never days when basic research would be done and let it go where ever the facts would lead. Never. Sure, some...
by PVW
Mon Sep 17, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: Unchanging opinions
Replies: 25
Views: 2513

Re: Unchanging opinions

Please comment on today's WSJ Real Time Economics posting: "Who said a foolish consistency is the hobgoblin of little minds?* "We find that after committing to a first belief, individuals are reluctant to incorporate new information. This reluctance causes lower belief accuracy and also generates h...
by PVW
Mon Sep 17, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: Unchanging opinions
Replies: 25
Views: 2513

Re: UNCHANGING OPINIONS

I can't tell you how many times "new information" from studies turned out to be just plain wrong. I think of the studies that told me that coffee was bad for you. Not too long afterwards, you would learn that coffee was good for you. Same with eggs. There is a surprising number of scientific studie...
by PVW
Mon Sep 17, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 5536

Re: Dilemma: Add room to current house or buy new house?

The current zillow estimate for our house as-is is 725k. The biggest point in favor of our house is the low property tax for a top rated school district (atleast 10-15k/year less than other similar houses in different neighborhoods that feed into the same school district). With the addition, our ta...
by PVW
Sat Sep 15, 2018 2:32 pm
Forum: Investing - Theory, News & General
Topic: ESOP, Options, Restricted Shares holders: When do you sell?
Replies: 21
Views: 1297

Re: ESOP, Options, Restricted Shares holders: When do you sell?

My company stock has averaged about a 20% annual return since I started. This is less than my average portfolio return. Hindsight says I should have held all my company stock. Foresight isn't as clear, but my conscience is. Are you saying "my average portfolio return" exceeded "20% annual return" d...
by PVW
Thu Sep 13, 2018 12:08 pm
Forum: Investing - Theory, News & General
Topic: ESOP, Options, Restricted Shares holders: When do you sell?
Replies: 21
Views: 1297

Re: ESOP, Options, Restricted Shares holders: When do you sell?

I stopped participating in the ESPP because it has a 1 year holding requirement, the taxation is a pain (PA ESPP tax is designed to be difficult) and I have substantial company investments with options and restricted stock (and salary). I sold ESPP shares when it was convenient - usually in large ch...
by PVW
Thu Sep 13, 2018 11:40 am
Forum: Personal Investments
Topic: How to stay the course when you “think” you can outsmart the market
Replies: 36
Views: 2452

Re: How to stay the course when you “think” you can outsmart the market

I truly believe indexing is the best way to invest but sometimes “ideas” get the best of me. For example with the hurricane approaching I thought it would be a smart move to buy Generac, already down 5%. I was curious how often other boggleheads trade short term and how the smart ones have the disc...
by PVW
Thu Aug 23, 2018 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Co-habitation agreement - ??
Replies: 103
Views: 6967

Re: Co-habitation agreement - ??

...... He's never been through a bitter divorce. No kids to cause drama........a committed relationship ....... And, you, are certain these are facts because.....um......because....er.....because....of what was that? These are the facts as stated in the original post. Maybe by facts you mean intere...
by PVW
Thu Aug 23, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Co-habitation agreement - ??
Replies: 103
Views: 6967

Re: Co-habitation agreement - ??

..... call him "Sam" - works as a machinist at Northrup Grumman and has for over 12 years......have met Sam and he is likable, seems easy-going and friendly. Of course lots of not-so-great people can appear to be otherwise.... Well, according to Glassdoor, average salaries for NG machinist is aroun...
by PVW
Thu Aug 23, 2018 8:01 am
Forum: Forum Issues and Administration
Topic: Rating system for posts/posters ?
Replies: 60
Views: 4066

Re: Rating system for posts/posters ?

some sort of quality control is necessary to keep the board relevant and informative. The board is moderated to keep it relevant, as defined in the Board Rules. "Informative" is in the eye of the beholder , not the forum approved definition. I am perfectly capable of digesting information and opini...
by PVW
Wed Aug 22, 2018 11:56 am
Forum: Forum Issues and Administration
Topic: Is tinypic.com Down for Anyone Else?
Replies: 3
Views: 1117

Re: Is tinypic.com Down for Anyone Else?

There are a large number of websites other than Bogleheads that will help you answer your question.
by PVW
Tue Aug 21, 2018 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Co-habitation agreement - ??
Replies: 103
Views: 6967

Re: Co-habitation agreement - ??

She is a widow-of almost 5 years- like me. She is 68 and has been seeing a man 12 years younger for a year. He wants to move in with her and she is considering it. She owns a nice home-free and clear and has a much higher net worth than this man. He is employed in a blue collar job and was never ma...
by PVW
Tue Aug 21, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: Landlord Nightmare
Replies: 90
Views: 10209

Re: Landlord Nightmare

Nightmare began when out of the blue the guy and the sis texted us (they called us but we didn't pick up) saying that it was "housing discrimination" and we were "harassing" and "insulting" them and asking "intrusive questions." They posted reviews saying the same thing on our FB page (which we ver...
by PVW
Tue Aug 21, 2018 12:26 pm
Forum: Personal Consumer Issues
Topic: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]
Replies: 76
Views: 7849

Re: Graduate Degree Mistakenly (?) Conferred - What to Do?

For some graduate degrees, the degree requirements really boil down to whatever your graduate committee or advisor will accept. Even if there are published requirements, the committee can allow variations. Did you have a graduate advisor? Either someone that would have guided your thesis research, o...
by PVW
Mon Aug 20, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 153
Views: 25396

Re: Is a million really the benchmark for retirement

It's all relative. You should look at your individual retirement spending goals and then decide if $1 million is enough. For many people, $1 million in savings plus social security benefits would provide a comfortable retirement. In rough numbers, you could expect to spend about $40,000 per year fro...
by PVW
Fri Aug 17, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 111
Views: 11787

Re: physics/math major looking for programmer/analyst job?

- he’d love to get an ms but doesn’t have a $ to his name Most engineering (and probably CS) graduate programs will be funded. Usually covers tuition and a salary - he won't get rich, but usually enough to live on without taking a 2nd job. My data might be dated - at the time I went through, most M...
by PVW
Thu Aug 16, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Savings rate per month???
Replies: 68
Views: 6629

Re: Savings rate per month???

Pretax = about 10% of gross pay. After tax = about 15% of gross pay.
by PVW
Thu Aug 16, 2018 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Terminating an employee with company car
Replies: 62
Views: 7331

Re: Terminating an employee with company car

When my employer did a mass layoff involving a lot of people with company cars, they had a bunch of pre-arranged hired Lincoln Town Cars waiting in a parking lot while the layoffs went down so they could just roll up to the door when summoned by management, load the employee, and go. How grim, like...
by PVW
Tue Aug 14, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: Verizon sending me two bills and I can't change my name with them
Replies: 10
Views: 1206

Re: Verizon sending me two bills and I can't change my name with them

If you value your time, don't deal with Verizon customer service. I have never had an easy encounter with them. In one case, they couldn't figure out why I didn't have access to my cable bill through my online account. After several attempts to fix it (which mostly consisted of them telling me I did...
by PVW
Tue Aug 07, 2018 12:11 pm
Forum: Investing - Theory, News & General
Topic: HELP!!!!! Need to find documentation of index superiority
Replies: 32
Views: 3312

Re: HELP!!!!! Need to find documentation of index superiority

Tell your friends to ask this financial professional to show his verified track record of investment returns, net of fees. In the unlikely event this advisor has actually beat the market, this approach might backfire - or there is a reasonable chance the advisor will continue to beat the market and ...
by PVW
Thu Aug 02, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Impact of higher property taxes on home price
Replies: 45
Views: 2735

Re: Impact of higher property taxes on home price

If I was selling my house it wouldn't have any impact. You only get to set the asking price, not the selling price. I think the relationship between all-in housing cost and sales price is too complex to put specific numbers on the effect of income tax deductions. Maybe there would be some connectio...
by PVW
Tue Jul 24, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Which doctor should I go to?
Replies: 26
Views: 1948

Re: Which doctor should I go to?

VictoriaF wrote: Tue Jul 24, 2018 3:20 pm Since your problem is with mayo, you should go to Mayo clinic.

Victoria
Maybe you jest, but they do have advice on when to see a doctor.

https://www.mayoclinic.org/diseases-con ... c-20356230
by PVW
Tue Jul 24, 2018 2:08 pm
Forum: Personal Investments
Topic: How do you deal with a bear market?
Replies: 35
Views: 2892

Re: How do you deal with a bear market?

how do you know when to go for safer investments? One of the guiding principles of being a Boglehead is that you can't know the answer to that question. It's not because you are not educated enough in investing, personal finance, market economics, etc., it's that nobody knows the answer to that que...
by PVW
Tue Jul 24, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: Peak Oil, Reloaded?
Replies: 45
Views: 4454

Re: Peak Oil, Reloaded?

Meta4 wrote: Tue Jul 24, 2018 1:03 pm Anyway, what's the plan for Bogleheads?
Same thing I did during the last peak oil panic. Stay the course.
by PVW
Fri Jul 20, 2018 6:42 am
Forum: Personal Finance (Not Investing)
Topic: How Unclaimed Property Laws Can Affect Retirees
Replies: 36
Views: 3858

Re: How Unclaimed Property Laws Can Affect Retirees

Just a few months ago, my Dad got a warning msg related to his saving account saying the account had be suspended when he logged into Wells Fargo to check his balances/transactions. I called WFB, I'm listed as co-owner, and was told because there was no activity for 18 months, it was flagged as aba...
by PVW
Thu Jul 19, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: The other side of stock buybacks
Replies: 24
Views: 2510

Re: The other side of stock buybacks

Glockenspiel wrote: Thu Jul 19, 2018 10:14 am CEOs are fleecing the U.S. Treasury.
How are CEOs fleecing the US Treasury?

If you're saying they're making money off stock repurchases prompted by the recent tax cuts, then the same is true of any investor that owns stock in these companies. Are you also fleecing the US Treasury?
by PVW
Thu Jul 19, 2018 12:31 pm
Forum: Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 10183

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

Your brother sounds like a boglehead. Why do you have an emotional attachment to these stocks?
by PVW
Wed Jul 18, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Another student loan question
Replies: 24
Views: 1403

Re: Another student loan question

Reality check. Your income alone is about the same as the median household income in the US. Many families are living just fine on that income. If you are struggling to maintain your budget, then you are living beyond your means.
by PVW
Wed Jul 18, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: How Unclaimed Property Laws Can Affect Retirees
Replies: 36
Views: 3858

Re: How Unclaimed Property Laws Can Affect Retirees

Keep your contact information up to date. Pennsylvania is required to notify the owner before they take control of unclaimed property. This is an important piece of information that should have been included in the forbes article. http://www.klgates.com/new-amendments-to-pennsylvanias-unclaimed-prop...
by PVW
Fri Jul 13, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: ESPP Purchase/Sale Specifics
Replies: 11
Views: 944

Re: ESPP Purchase/Sale Specifics

Since the same idea may apply for several thousand employees (22k total) all trying to do the same thing at the same time, has anyone seen a situation where the first trading day of the New Year has resulted in a gap down situation which could erode a good portion of that potential 15% or more gain...
by PVW
Thu Jul 12, 2018 8:30 am
Forum: Investing - Theory, News & General
Topic: College Costs - Debt staying steady, Parents picking up the rest of tab
Replies: 4
Views: 661

Re: College Costs - Debt staying steady, Parents picking up the rest of tab

I wonder if the change in the trend of student debt is due to the crackdown on for-profit colleges. The data on average student and parental debt load doesn't really tell us much about the changing financial burden of educational loans. More meaningful data would be the median debt of students that ...
by PVW
Thu Jul 12, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Compensation
Replies: 21
Views: 4113

Re: Compensation

DoctorPhysics wrote: Wed Jul 11, 2018 2:07 am How do you folks find out if you are bring compensated competively and fairly?

Websites? H1B info?
Some bogleheads might have an opinion on whether you are fairly compensated. If you're comfortable, post your details and you might get some feedback.
by PVW
Wed Jul 11, 2018 12:28 pm
Forum: Personal Consumer Issues
Topic: Neighbor’s Contractor Damaged Adjoining Property
Replies: 30
Views: 5360

Re: Neighbor’s Contractor Damaged Adjoining Property

AZAttorney11 wrote: Mon Jul 09, 2018 4:43 pm And I don't know why non-lawyers are so quick to chime in with their thoughts / suggestions.
Because most "legal" matters are done by laymen. I think it is pretty clear that most people are offering their laymen's opinion of the best course of action.
by PVW
Fri Jul 06, 2018 12:31 pm
Forum: Personal Consumer Issues
Topic: How to tip
Replies: 87
Views: 6666

Re: How to tip

I usually tip 20% on the post tax amount because I want to be generous. It looks like I'm not the only one who does this and it will probably become the norm before too long.
by PVW
Tue Jul 03, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: Rodents ate my car!
Replies: 80
Views: 10621

Re: Rodents ate my car!

pennylane wrote: Tue Jul 03, 2018 3:22 pm
Hockey10 wrote: Tue Jul 03, 2018 12:14 pm Trade the Toyota in for a Honda
This.
Apparently Honda has the same problem.

https://www.nbcnews.com/business/autos/ ... it-n504746
by PVW
Tue Jul 03, 2018 12:40 pm
Forum: Personal Consumer Issues
Topic: Rodents ate my car!
Replies: 80
Views: 10621

Re: Rodents ate my car!

A relative told me to get on board a class action lawsuit against Toyota. I tried searching the web for such a thing. Whereas it is trivial to find articles such as 'Joe Sixpack initiated a class action lawsuit against Toyota for rodent damage', I can't find anything about how to join an extant cla...
by PVW
Mon Jul 02, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: bike helmets
Replies: 87
Views: 6642

Re: bike helmets

Not wearing a helmet while bicycling is stupid. Why? Social convention, nothing more. Bike riding is perceived as a higher risk activity and wearing a helmet is a normal precaution. Conversely, if you were to wear a helmet when walking, driving, bathing, etc., then that's an extraordinary precautio...
by PVW
Mon Jul 02, 2018 9:30 am
Forum: Personal Consumer Issues
Topic: bike helmets
Replies: 87
Views: 6642

Re: bike helmets

Thanks WB. I guess I would love to hear your opinion or others‘ opinion about why the writing is slipshod / conclusion not valid, rather than that is “just garbage.” I am open to learning and respect opinions. The blog post is an opinion piece with some cherry picked evidence to support the writer'...
by PVW
Fri Jun 29, 2018 11:03 am
Forum: Personal Consumer Issues
Topic: Please help find these shoes for an old lady
Replies: 32
Views: 4025

Re: Please help find these shoes for an old lady

kayanco wrote: Fri Jun 29, 2018 10:23 am Can you please share how you found it?
The key piece of information provided by another poster was the Gel-Pak logo. Then with Google Image and some persistence, it finally came up.
by PVW
Fri Jun 29, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Please help find these shoes for an old lady
Replies: 32
Views: 4025

Re: Please help find these shoes for an old lady

Sold by Walmart. Apparently no longer available. https://www.walmart.com/ip/Dr-Scholl-s-Women-s-Nicky-Gel-Pac-Thong-Sandals/12545061 They have similar ones, but I don't see any that are in stock. https://www.walmart.com/ip/Dr-Scholl-s-Women-s-Nola-Gel-Pac-Thong-Sandals/12545055 https://www.walmart.c...
by PVW
Thu Jun 28, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Inspection on home we wish to purchase - questions i should ask
Replies: 23
Views: 1788

Re: Inspection on home we wish to purchase - questions i should ask

Radon, asbestos and lead paint are the ones that cause problems because you don't know a problem exists and chronic exposure can cause long term health problems. I own an old house, build about the same time as the one you're looking at, and my inspector offered a radon test, but I don't recall him ...
by PVW
Thu Jun 28, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: what to use to patch small holes in plaster(?) ceiling?
Replies: 10
Views: 830

Re: what to use to patch small holes in plaster(?) ceiling?

1/2 inch is too big, but for smaller holes toothpaste will last long enough to pass your move-out inspection.
by PVW
Thu Jun 28, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: Is today's furniture market wackier than ever?
Replies: 18
Views: 2778

Re: Is today's furniture market wackier than ever?

There are several categories of products that I think are expense and difficult to evaluate quality. They're usually durable products that people tend to buy only once every few years or decade. Furniture, appliances, mattresses, tires, home windows. All of these items are frequently sold at signifi...
by PVW
Wed Jun 27, 2018 3:47 pm
Forum: Personal Consumer Issues
Topic: House seller fudging disclosure re: buried oil tank?
Replies: 36
Views: 4997

Re: House seller fudging disclosure re: buried oil tank?

Over two years ago, I investigated a foreclosure listed by Fannie Mae in an excellent neighborhood. I toured the house twice and walked away. Someone else bought it, gutted it, has lived in it, and has now listed it for sale. Lots of work was done, and we started doing ground work prior to a showin...