Search found 209 matches

by jodydavis
Wed Apr 30, 2014 12:24 pm
Forum: Personal Consumer Issues
Topic: San Francisco Restaurant Recommendations
Replies: 44
Views: 4626

Re: San Francisco Restaurant Recommendations

Another vote for Yank Sing for dim sum. Conveniently located. Very nice environment. Not really that expensive. And above all, delicious.
by jodydavis
Tue Feb 04, 2014 12:54 pm
Forum: Personal Consumer Issues
Topic: Any other travel freaks?
Replies: 117
Views: 12305

Re: Any other travel freaks?

Our biggest expense after housing is travel. That said, I find that there is a limit to how much travel I can do in a particular year, as I find it exhilarating, but also tiring. I'm definitely not the type to just drop everything and roam the world, and in fact love coming back home after a long tr...
by jodydavis
Fri Jan 17, 2014 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Who taught you about financial responsibility?
Replies: 107
Views: 8973

Re: Who taught you about financial responsibility?

Not from my parents directly. They were very frugal immigrants, so I learned indirectly to be careful about spending. But being lower middle-class, they never had much savings initially, so I had no understanding at all of investing. Instead, two sources: (1) experience; and (2) books. (1) experienc...
by jodydavis
Mon Jan 06, 2014 7:10 pm
Forum: Personal Consumer Issues
Topic: Dating, Gender, & Wealth Differences...
Replies: 102
Views: 8553

Re: Dating, Gender, & Wealth Differences...

My question: In your experience (from either gender perspective) have dynamics as these - the woman out earning the man (and sorry if that sounds so shallow) been a dating deal breaker..?? One nice thing about online dating is that self-selection helps you with this potential issue. For some women,...
by jodydavis
Wed Dec 25, 2013 4:03 pm
Forum: Personal Consumer Issues
Topic: Flying American
Replies: 11
Views: 1547

Re: Flying American

Check out both the gold and platinum challenges, as they are quick ways to achieve status without flying the full amount of miles: http://www.flyerguide.com/wiki/index.php/Challenge_(AA). It costs a bit upfront, but you can make up the cost quickly in terms of benefits and bonus miles. Also check ou...
by jodydavis
Mon Dec 16, 2013 8:23 am
Forum: Personal Investments
Topic: What percentage of your income are you saving?
Replies: 208
Views: 23216

Re: What percentage of your income are you saving?

The "correct" calculation of savings percentage, like every other statistic, depends on what you want to use it for. (There's no platonic ideal definition). So, if the reason you want to calculate this is: 1. to measure whether you are saving enough for retirement: then limit this to retirement savi...
by jodydavis
Sun Dec 08, 2013 7:57 pm
Forum: Personal Consumer Issues
Topic: What your your favorite/recommended CLASSIC (old/free) books
Replies: 54
Views: 4416

Re: What your your favorite/recommended CLASSIC (old/free) b

Another vote for Tolstoy, War and Peace, and also Anna Karenina. They are both really long and can look intimidating. Plus, it can take some effort to keep all of the Russian names straight. But once you get started, they are actually hard to put down, which is unusual for a "classic."
by jodydavis
Sun Dec 01, 2013 2:11 am
Forum: Personal Finance (Not Investing)
Topic: should my nephew apply to a top-tier university?
Replies: 274
Views: 17118

Re: should my nephew apply to a top-tier university?

Should he apply? Yes, why not? It doesn't really cost that much, and sure, there is a bit of additional effort, but not that much. If he's not accepted, I have a hard time imagining that his self-esteem will be unalterably shattered. And if he is accepted, look - more options! Should he go? Ah, tha...
by jodydavis
Wed Nov 27, 2013 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: should my nephew apply to a top-tier university?
Replies: 274
Views: 17118

Re: should my nephew apply to a top-tier university?

I somewhat disagree with the last comment. (I have been thru this twice in the last 6 years). In that unless you are reasonably sure that there is some way that junior can go, don't apply. Put another way: If you are reasonably sure junior can't go, then don't apply. There is nothing worse than a b...
by jodydavis
Wed Nov 27, 2013 11:06 am
Forum: Personal Finance (Not Investing)
Topic: should my nephew apply to a top-tier university?
Replies: 274
Views: 17118

Re: should my nephew apply to a top-tier university?

Should he apply? Yes, why not? It doesn't really cost that much, and sure, there is a bit of additional effort, but not that much. If he's not accepted, I have a hard time imagining that his self-esteem will be unalterably shattered. And if he is accepted, look - more options! Should he go? Ah, that...
by jodydavis
Tue Nov 26, 2013 7:41 am
Forum: Personal Consumer Issues
Topic: Living in Boston/Cambridge
Replies: 31
Views: 3352

Re: Living in Boston/Cambridge

Given your requirements, here are some options: 1. Cambridge/Somerville - lots of rental housing, nice neighborhoods, and if you pick anywhere on the Red Line, the commute will be pretty easy. Given your requirements, I might look a bit farther out on the Red Line, e.g. Porter Square, Davis Square, ...
by jodydavis
Mon Nov 25, 2013 9:15 pm
Forum: Personal Consumer Issues
Topic: Living in Boston/Cambridge
Replies: 31
Views: 3352

Re: Living in Boston/Cambridge

Harold wrote: The good news is that Boston residents are exceedingly nice. They'll shovel out spaces and save it for you with a chair. Just remove the chair and park your car -- easy peasy! :wink:
Now that's just evil. :twisted:
by jodydavis
Mon Nov 25, 2013 6:20 pm
Forum: Personal Consumer Issues
Topic: Living in Boston/Cambridge
Replies: 31
Views: 3352

Re: Living in Boston/Cambridge

I agree that it really depends on where you are working, as the commute can vary a lot, depending on where you work. It would help to know: 1. Where will you and your wife be working? 2. Will you be commuting by car or public transportation? 3. Do you care if the public schools are good? 4. Do you p...
by jodydavis
Tue Oct 29, 2013 3:31 pm
Forum: Personal Consumer Issues
Topic: Alaska Cruise
Replies: 19
Views: 2324

Re: Alaska Cruise

Have taken two family cruises to Alaska from Seattle on Holland America. Highly recommended. I agree with a lot of the comments above. A few additional notes: 1. Vegetarian options - should not be a problem, as most of the ships are very large and cater to lots of different dietary needs. 2. Seasick...
by jodydavis
Wed Oct 16, 2013 5:37 pm
Forum: Personal Consumer Issues
Topic: Why are there so few attorneys on this site?
Replies: 48
Views: 3300

Re: Why are there so few attorneys on this site?

Former attorney here. I tend to chime in when there's a law-related issue. But I agree with the others that I don't typically see how it is relevant to my posts, so wouldn't think to bring it up. (On the other hand, it does seem true that a lot of doctors and engineers self-identify).
by jodydavis
Wed Oct 16, 2013 11:12 am
Forum: Investing - Theory, News & General
Topic: How Often Do Gamblers Really Win?
Replies: 51
Views: 6561

Re: How Often Do Gamblers Really Win?

BTW if you happen to have an infinite bankroll (and in that case you don't need boglehead advise) - you should explore this system http://en.wikipedia.org/wiki/Martingale_(betting_system) Even if you have an infinite bankroll, the strategy fails because you will eventually run up against the table'...
by jodydavis
Wed Oct 16, 2013 7:21 am
Forum: Investing - Theory, News & General
Topic: How Often Do Gamblers Really Win?
Replies: 51
Views: 6561

Re: How Often Do Gamblers Really Win?

BTW if you happen to have an infinite bankroll (and in that case you don't need boglehead advise) - you should explore this system http://en.wikipedia.org/wiki/Martingale_(betting_system) Even if you have an infinite bankroll, the strategy fails because you will eventually run up against the table'...
by jodydavis
Sun Oct 13, 2013 3:13 pm
Forum: Personal Investments
Topic: Just inherited money, would seriously appreciate advice
Replies: 48
Views: 20729

Re: Just inherited money, would seriously appreciate advice

SaltonC, I'm so sorry for your loss. It sounds like you have your head on straight and are being admirably careful as you proceed. When I was your age, I had way less awareness of financial issues, so kudos for starting on this and, most importantly, being aware of what you don't yet know. It sounds...
by jodydavis
Sun Sep 15, 2013 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Got fired earlier this week, now the boss wants me back
Replies: 123
Views: 18299

Re: Got fired earlier this week, now the boss wants me back

I vote go back for now, but only because it makes it easier for you to look for another job. Hard to imagine that there is any long-term future here, given his past behavior. One thing: if you do go back, make sure you have a new employment agreement, and refuse to agree to the non-compete. (In othe...
by jodydavis
Tue Jul 23, 2013 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford private school?
Replies: 87
Views: 9880

Re: Can we afford private school?

Given that you and your husband disagree about this (and given that it's a lot of money), why not split the difference? I.e. send one kid to public and the other to private? Actually, just kidding (although that would be an interesting experiment). I mean, rather, send the kids to public for K-6 and...
by jodydavis
Tue Jun 18, 2013 7:51 am
Forum: Personal Consumer Issues
Topic: Wanting to spend money all of a sudden
Replies: 76
Views: 8364

Re: Wanting to spend money all of a sudden

Agree with the others who suggest that this probably isn't about the money. The sudden desire to want to spend money is telling you something. And based on your past experience buying things, it's unlikely that finding something to spend money on is going to, by itself, make you feel better. You nee...
by jodydavis
Wed May 01, 2013 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: The Points Guy
Replies: 37
Views: 5257

Re: The Points Guy

I think this is very much a YMMV situation, depending on, among other things, your propensity to travel, your level of credit card spend, and your willingness to keep track of numerous cards/miles/bonuses, etc. Also the return is better if you spend the miles/points on business/first class flights o...
by jodydavis
Thu Mar 21, 2013 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Girlfriend Sends Money Home Every Month...Driving Me Nuts!
Replies: 41
Views: 7949

Re: Girlfriend Sends Money Home Every Month...Driving Me Nut

As others above have posted, you are working against a very deeply-embedded cultural norm. Many, many Filipinos work overseas, and remittances from overseas Filipino workers represent a huge chunk of Philippine GDP (something like 8-12%): http://en.wikipedia.org/wiki/Overseas_Filipino.
by jodydavis
Tue Mar 19, 2013 9:29 am
Forum: Personal Consumer Issues
Topic: Traveling to Europe for the first time...need help!
Replies: 67
Views: 17200

Re: Traveling to Europe for the first time...need help!

If cost is an issue, you might think seriously about Eastern Europe, since it is less expensive but still very beautiful and "europe-like." If you want to also see mountains, you could fly into Austria, as the Alps there are quite beautiful (i.e near Salzburg). You could then check out Prague, Budap...
by jodydavis
Sat Mar 16, 2013 10:24 pm
Forum: Personal Investments
Topic: Quitting job and starting law school in the Fall - help!
Replies: 97
Views: 17454

Re: Quitting job and starting law school in the Fall - help!

I'd say that, based on the above discussion, the OP has done his homework and is making an informed and carefully-considered decision. That, alone, puts him ahead of most of his future classmates. Well done. Two key facts in this discussion are: (1) he will be graduating from a top school; and (2) h...
by jodydavis
Sat Dec 01, 2012 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Who will back you up when your money is stolen?
Replies: 27
Views: 3649

Re: Who will back you up when your money is stolen?

Here's a recent story that, while not exactly on point, provides some interesting additional details:

http://www.wired.com/threatlevel/2012/1 ... ictim/all/

Jody.
by jodydavis
Sat Dec 01, 2012 11:38 am
Forum: Personal Consumer Issues
Topic: To go or not to go - family trip to Europe
Replies: 81
Views: 6562

Re: To go or not to go - family trip to Europe

I agree with all of the others, suggesting that you pick one (or at most two) cities to stay in. Financially, it will save you money if you can rent a 2-BR apartment for a week, and also cook some meals yourself. Plus, you will live more like a local, by going to local markets (which are fun), disco...
by jodydavis
Tue Nov 06, 2012 9:37 pm
Forum: Personal Consumer Issues
Topic: honeymoon recommendation
Replies: 30
Views: 2370

Re: honeymoon recommendation

I'd recommend Anguilla. Many beaches, very safe, easy to navigate, and a Greg Norman designed golf course. There are many good accommodations but you might check Cap Jaluca, which will have been newly renovated, or Cuisinart. Another vote for Anguilla. I don't know about the golf, but the food is t...
by jodydavis
Mon Oct 22, 2012 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Las Vegas Trip
Replies: 56
Views: 6062

Re: Las Vegas Trip

Main advice: pace yourself. Five night is a long time to spend in Vegas, and it's very easy to burn out (financially, physically, mentally), even for a 28 year old. Some things to do to slow down the pace: 1. The pool. It's hard to imagine going to the pool while there are so many exciting things go...
by jodydavis
Fri Aug 31, 2012 12:47 am
Forum: Personal Consumer Issues
Topic: Your Favorite [Travel Destination] on Earth: Where and Why?
Replies: 184
Views: 21893

Re: Your Favorite [Travel Destination] on Earth: Where and

I've been to lots of exotic places around the world, but when I think "favorite," I think of places where, every time I arrive there, I feel instantly happy and relaxed. By that measure, my favorite places are: Hawaii, Paris, and Las Vegas.
by jodydavis
Mon Aug 20, 2012 1:19 pm
Forum: Investing - Theory, News & General
Topic: When did you start to save a regular significant amount?
Replies: 81
Views: 14454

Re: When did you start to save a regular significant amount?

Right around 30. Took about five years to pay off law school loans as quickly as I could. Thereafter, stayed in my small apartment and directed those former loan payments straight into savings and retirement. Key was maintaining a pretty constant standard of living throughout.
by jodydavis
Tue Aug 14, 2012 11:18 am
Forum: Personal Consumer Issues
Topic: Boston trip - suggestions?
Replies: 21
Views: 2241

Re: Boston trip - suggestions?

If you like museums, the MFA has a new wing, as does the Isabella Stewart Gardner museum. Also the ICA is new and would give you a chance to visit the newly developed waterfront in South Boston. And although there isn't that much specific to see, definitely check out the downtown area, as the absenc...
by jodydavis
Sun Jul 15, 2012 10:34 pm
Forum: Personal Consumer Issues
Topic: Visit Banff: any suggestion
Replies: 37
Views: 3739

Re: Visit Banff: any suggestion

Just got back from Banff two days ago. Spent four days (not enough). The scenery is pretty spectacular. A10's advice above is pretty much spot-on. We traveled with my slightly elderly parents, so did mostly short hikes and scenic driving, nothing strenuous. Some additional points: 1. If you have onl...
by jodydavis
Wed Jul 04, 2012 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Why everyone needs a BIG emergency fund - a personal story
Replies: 84
Views: 12779

Re: Why everyone needs a BIG emergency fund - a personal sto

Take a minute and think about what the acronym LBYM means. It means LIVE BELOW YOUR MEANS. Taking a HELOC out to pay for something one couldn't otherwise afford is NOT LBYM. How could you make an argument it does?? Did you even read the original post? He referred to the HELOC in the *past tense.* I...
by jodydavis
Wed Jul 04, 2012 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Why everyone needs a BIG emergency fund - a personal story
Replies: 84
Views: 12779

Re: Why everyone needs a BIG emergency fund - a personal sto

To the OP I am sorry for what you are going through. An major illness to a child would be unbearable to any parent. Howeer, in the OP story I can only see one situation that is trully sad and that is one child with a newly diagnosed disease. NO ONE can prepare for that or save for the that situatio...
by jodydavis
Sun May 13, 2012 12:13 pm
Forum: Personal Consumer Issues
Topic: Learn Guitar or Piano?
Replies: 119
Views: 13605

Re: Learn Guitar or Piano?

If you have the time (but only if you have the time), pick the piano. It takes a while longer to sound good, but if you are in it for the long haul, it's very rewarding. And since you were a musician, practicing shouldn't be a problem. I was classically trained growing up, but as an adult, started t...
by jodydavis
Sat May 12, 2012 11:39 am
Forum: Personal Consumer Issues
Topic: Cell phone and plan for 6th grader
Replies: 73
Views: 8953

Re: Cell phone and plan for 6th grader

My daughter is just finishing 6th grade, and we went through exactly this discussion at the beginning of 6th grade. Short answer: get her a basic phone with unlimited texting and a physical qwerty keyboard. Long answer: she will use the phone almost exclusively for texting with her friends (and, occ...
by jodydavis
Fri Apr 20, 2012 9:51 am
Forum: Personal Investments
Topic: Soooo new and sooo lost...
Replies: 76
Views: 8687

Re: Soooo new and sooo lost...

Just wanted to commend the OP for posting here and, more importantly, doing the reading and responding to the comments. I think it's really impressive how much you have internalized in such a short time period. Many, if not most (including many in this forum), took a far longer (and costlier) path t...
by jodydavis
Fri Mar 23, 2012 7:39 pm
Forum: Personal Consumer Issues
Topic: Law school
Replies: 78
Views: 5488

Re: Law school

Echoing some of the comments above, I think the most important thing is for your daughter to figure out if she wants to become a lawyer and, if so, what kind. To that end, I would highly recommend spending a couple of years after college working. The law students I see who work first before coming t...
by jodydavis
Fri Mar 09, 2012 12:24 pm
Forum: Personal Investments
Topic: Managing Massive Law School Debt
Replies: 144
Views: 9943

Re: Managing Massive Law School Debt

Congrats on graduation and landing a good job! Not easy in this environment. As a former Boston biglaw associate, I agree with those who say you should focus primarily on paying down the student loans. I think those who are advocating the IRA may not appreciate the option value of being able to chan...
by jodydavis
Wed Jan 11, 2012 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrated with Work and Dealing with Golden Handcuffs
Replies: 55
Views: 8614

Re: Frustrated with Work and Dealing with Golden Handcuffs

Been there, done that. Had a high-paying law job and slipped off the golden handcuffs in exchange for an alternative that is, at least to me, 10x more rewarding (though far less well-compensating). Never looked back. My advice: instead of worrying in the abstract re: whether you could be doing somet...
by jodydavis
Wed Dec 14, 2011 10:35 pm
Forum: Investing - Theory, News & General
Topic: American Airlines is walking away from their debts.
Replies: 47
Views: 3676

Re: American Airlines is walking away from their debts.

Ethics and law are not the same thing. Lots of things are legal but unethical (e.g. cheating on a spouse). So just because it's legal does not mean it's ethical. Whether something is ethical also depends on the context. If one large corporation intentionally breaches a contract with another large co...
by jodydavis
Sat Dec 03, 2011 11:52 am
Forum: Personal Consumer Issues
Topic: Anyone vacationed to Peru and hiked Machu Picchu?
Replies: 28
Views: 3737

Re: Anyone vacationed to Peru and hiked Machu Picchu?

I'll be interested to hear responses as well. We just booked hotel and plane reservations for a week-long trip in May, so unfortunately, I don't have any direct experiences to relate yet. I will say that my research indicates that February is the height of the rainy season, which means few crowds bu...
by jodydavis
Sat Oct 15, 2011 12:08 am
Forum: Personal Consumer Issues
Topic: 2 Weeks in China (Beijing + Hong Kong): What Should I Know?
Replies: 29
Views: 2267

If you like architecture and urban design, be sure to check out the hutong neighborhoods in Beijing. Lots of narrow streets/alleys, dense, old-fashioned chinese houses. Also, the big urban areas/plazas like Tiananmen, Forbidden City, Temple of Heaven, etc. are interesting. Near Tiananmen is the very...
by jodydavis
Thu Oct 13, 2011 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Don't trust my mortgage broker- help me check his suggestion
Replies: 21
Views: 2086

Definitely shop around. If nothing else, it gives you peace of mind. If you want to reward your broker for bringing this to your attention, see if they will match any lower rate you find elsewhere. And yes, make sure to get a GFE to pin down the costs. If the broker is offering to cover many/all of ...
by jodydavis
Sat Oct 01, 2011 10:58 am
Forum: Personal Consumer Issues
Topic: Should you teach your kids Chinese?
Replies: 67
Views: 6038

I'm not sure I would bother, unless you or your spouse speaks Chinese. And I say this as someone who grew up in a mandarin-speaking household. Sure, your child may learn some Chinese words and tones by having a Chinese nanny. But unless you or your spouse also speak Chinese, your child will find few...
by jodydavis
Fri Sep 30, 2011 2:42 pm
Forum: Personal Consumer Issues
Topic: How to fly business class for free?How to get airline perks?
Replies: 17
Views: 4391

Thanks. I decided to sign up for the Capital One Venture Rewards credit card to get some miles. In addition, no foreign transaction fees which is good for me. The credit cards are most useful, not so much for the regular spending, but for the sign-up bonuses. Assuming your credit rating is strong e...
by jodydavis
Fri Sep 30, 2011 9:56 am
Forum: Personal Investments
Topic: Did you love your work?
Replies: 52
Views: 6051

I like my job quite a bit (law prof) and feel incredibly fortunate that I do. To actually *love* your job seems like almost too much to ask (and in fact, expecting to love your job is probably a recipe for dissatisfaction). The best part of my job is the freedom, something I definitely did not have ...
by jodydavis
Thu Sep 29, 2011 3:03 pm
Forum: Personal Consumer Issues
Topic: Question for bogleheads with no kids
Replies: 225
Views: 19186

The hardest part for me is everyone tells me that it will be different when its your kid and stuff that you think might bother you about the situation wont really mater that much? I can see that but it is also a big leap of faith to take, at least to me. I don't know that if I didn't have kids I wo...
by jodydavis
Thu Sep 29, 2011 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Do you gamble?
Replies: 106
Views: 30865

I play craps more than blackjack. Blackjack is boring. You can make the right play every time and lose while the drunk idiot at third base hits hard 16 vs dealer 6 and scores a 5. Nice post, with lots of good tips about bankroll management. I agree that craps is a lot more exciting than blackjack, ...