Search found 385 matches

by Theseus
Tue Nov 21, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: 501(c)(3) Public-Charity or a Private Foundation?
Replies: 32
Views: 1710

501(c)(3) Public-Charity or a Private Foundation?

I have a specific cause close to my heart where I plan to spend part of my time during retirement on an ongoing basis. I plan to transfer in excess of $1 million in today's money over my life time and perhaps more. I like to transfer money that provide best tax advantage so I can stretch it as much ...
by Theseus
Tue Nov 21, 2017 2:47 pm
Forum: Personal Consumer Issues
Topic: What are the things you want to do between 55 and 65?
Replies: 140
Views: 11966

Re: What are the things you want to do between 55 and 65?

I have a bucket list of hikes/treks I want to go on - most of them are fairly challenging (at least for me). Usually I can do once a year. If my knees support me I have 10 years in the best case. But most likely I have 3-5 years. Exactly same for me. I'm 59 and at the top of this list are: New Zeal...
by Theseus
Mon Nov 20, 2017 5:00 pm
Forum: Personal Consumer Issues
Topic: What are the things you want to do between 55 and 65?
Replies: 140
Views: 11966

Re: What are the things you want to do between 55 and 65?

I have a bucket list of hikes/treks I want to go on - most of them are fairly challenging (at least for me). Usually I can do once a year. If my knees support me I have 10 years in the best case. But most likely I have 3-5 years.
by Theseus
Tue Nov 14, 2017 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Borrowing from parents - what interest rate?
Replies: 52
Views: 4395

Re: Borrowing from parents - what interest rate?

I agree with those who said don’t do it. As soon as money is involved the dynamic of the relationship will change. And there are other aspects that come in also. I loaned money twice to family members to buy their homes with no explicit payment plan in place. One paid off quickly enough as soon as t...
by Theseus
Tue Nov 14, 2017 1:56 pm
Forum: Personal Consumer Issues
Topic: Keurig died...what now?
Replies: 73
Views: 6327

Re: Keurig died...what now?

OK, I am going to share how a real cheapskate drinks coffee. I buy these(niceeshop(TM) Disposable Drawstring Seal Filter Empty Paper Tea Bags (White,M Size,Set of 100) and put my own folgers coffee into the bag- one tablespoon. I then microwave the water and teabag for 2m 55sec in a coffee cup. I a...
by Theseus
Tue Nov 14, 2017 6:41 am
Forum: Personal Consumer Issues
Topic: Keurig died...what now?
Replies: 73
Views: 6327

Re: Keurig died...what now?

Bit the dust "recently," eh? You know there are other options, eh? Wondering if you should switch brands, eh? Your username is "Howie," eh? "What now?" indeed. I would look for something more automated, compact, and easier to use. I'd prefer if it just drank the coffee for me. Your response matches...
by Theseus
Mon Nov 13, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 326
Views: 56789

Re: Any books really change your outlook on life?

While it seems geared towards women, I found The Gift of Fear to be right on - especially about what the "gut feeling or sixth sense is" , how it is developed and not ignoring it. I realized that most of the hires that were problematic in 26+ years of my career, I ignored my gut feeling and talked m...
by Theseus
Sun Nov 12, 2017 9:05 am
Forum: Personal Consumer Issues
Topic: Tipping for restaurants where you order at the counter
Replies: 126
Views: 18346

Re: Tipping for restaurants where you order at the counter

#1 No #2 Only if I am a regular #3 Yes nisiprius: I tip on the original amount. I absolutely dislike tipping system and obligation. I wish it was part of the price and all included. However I feel it is unfair for me to "stiff" the serving staff of the tip just because they are trying to make a livi...
by Theseus
Sun Nov 12, 2017 8:46 am
Forum: Investing - Help with Personal Investments
Topic: What's your weighted average expense ratio?
Replies: 65
Views: 4232

Re: What's your weighted average expense ratio?

just calculated mine. 0.1839 :x My biggest offenders are - Money Market fund (SPAXX). Due to a windfall I have a large amount of cash at the moment parked in this fund that is skewing expenses. And some funds below that i had purchased before becoming a boglehead. Being in the highest tax bracket ov...
by Theseus
Sat Nov 11, 2017 4:53 pm
Forum: Investing - Theory, News & General
Topic: Volatility and Risk relationship
Replies: 29
Views: 2570

Re: Volatility and Risk relationship

If interested, I started a thread in the past on the issue of volatility drag. If two portfolios have the same average annual return but different volatilities, the portfolio with less volatility will have a higher terminal wealth. It’s compounded return will be greater. To me, this is a strong rea...
by Theseus
Fri Nov 10, 2017 9:06 pm
Forum: Investing - Theory, News & General
Topic: Volatility and Risk relationship
Replies: 29
Views: 2570

Re: Volatility and Risk relationship

To answer the question regarding long term and short term volatility the answer is that short term volatility compounds to produce long term volatility. One has to be careful to examine the dispersion of end-point wealth to see the result rather than the deceptive "annualized" return. This article ...
by Theseus
Wed Nov 08, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Eye Doctor $30 to get your Rx? Is this normal?
Replies: 78
Views: 6380

Re: Eye Doctor $30 to get your Rx? Is this normal?

I just feel like going to ophthalmologist that also sells eyewear has a conflict of interest. Like a suitability standard vs. fiduciary standards for brokers. So I go to ophthalmologist that does not sell any eyewear. Her bedside manners can be a little bit better but she is extremely competent and ...
by Theseus
Wed Nov 08, 2017 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 40663

Re: Did you tell anyone you paid off your mortgage?

We told the close family members and siblings when opportunity arose or a discussion about debt/mortgage came up. Doing it publicly could have looked like rubbing it in.
by Theseus
Wed Nov 08, 2017 2:17 pm
Forum: Investing - Theory, News & General
Topic: Volatility and Risk relationship
Replies: 29
Views: 2570

Re: Volatility and Risk relationship

OP Here Thank you all for great comments. While I am intimately familiar with risk management discipline in my service industry (probably, impact, mitigation etc.), the volatility has me confused regarding investments. You all made me think much harder than I have in past. And since I have only one ...
by Theseus
Sun Nov 05, 2017 3:48 pm
Forum: Investing - Theory, News & General
Topic: Volatility and Risk relationship
Replies: 29
Views: 2570

Volatility and Risk relationship

I am trying to understand the relationship between volatility and risk as it pertains to options for different investment allocations. So those who have studied this, can you share your thoughts in the layman's terms? Is there a correlation? If so, how much of correlation is there and how do you fac...
by Theseus
Mon Oct 23, 2017 10:10 pm
Forum: Investing - Theory, News & General
Topic: Building very high net worth
Replies: 81
Views: 9868

Re: Building very high net worth

This is a very flawed way to determine what differentiates those with high net worth from those without. Most people who start businesses do not end up with high net worth, many end up with nothing - to give this as blanket advise to people is not wise. And if 8 figures is your target, there are ma...
by Theseus
Mon Oct 23, 2017 8:17 pm
Forum: Investing - Theory, News & General
Topic: Building very high net worth
Replies: 81
Views: 9868

Re: Building very high net worth

This is a very flawed way to determine what differentiates those with high net worth from those without. Most people who start businesses do not end up with high net worth, many end up with nothing - to give this as blanket advise to people is not wise. And if 8 figures is your target, there are ma...
by Theseus
Mon Oct 23, 2017 7:43 am
Forum: Personal Consumer Issues
Topic: Cold feet
Replies: 23
Views: 2769

Cold feet

I have poor blood circulation and my feet and toes get really cold. I am always dreading the fall and winter. At work I use a footrest that warms up and works well. But I need to take my shoes off. But at home there is no real option as I am moving around and about. I have used variety of socks but ...
by Theseus
Sun Oct 22, 2017 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 34838

Re: Does anyone here with net worths north of $1 mil use financial advisors?

I don't use it right now. But I will use a cash-fee only (or Fidelity or Vanguard assigned FA - I have accounts there) soon to do some specific planning or validate a plan I develop myself. There is a lot of resentment towards FA on this forum. And I completely understand why that is for the AUM bas...
by Theseus
Wed Oct 18, 2017 8:26 am
Forum: Personal Consumer Issues
Topic: Anyone who started a business what made you comfortable enough to take the chance?
Replies: 25
Views: 2394

Re: Anyone who started a business what made you comfortable enough to take the chance?

For me - Got tired of corporate culture of putting quarterly results at the expense of the customer's interests. I worked for one of the top 5 IT companies back then. They are still in top 10. And I knew it will be the same no matter where I go. - I had an opportunity where the potential client (bec...
by Theseus
Tue Oct 17, 2017 7:26 pm
Forum: Personal Consumer Issues
Topic: Calculating max electrical load of your home
Replies: 34
Views: 2845

Re: Calculating max electrical load of your home

Does an electric car need 220v/50 amp circuit? No. It depends on the EVSE equipment you want to put in. My car does not charge any faster than 16A @240V. The EVSE I bought maxes out at 16A @240V. So I only put in a 20A circuit with #12 wire, terminating with a 6-20R receptacle. If you have a Tesla ...
by Theseus
Tue Oct 17, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to make some dollars on a 10 day vacation?
Replies: 57
Views: 6123

Re: Best way to make some dollars on a 10 day vacation?

Hi Bogleheads, I am a full time Mechanical (Thermal) Engineer in NJ close to NYC area. Recently I realized I've accumulated plenty of PTOs (around 10 days) that I need to squander this year (expiring end of year). As I have no plan for a travel or trip somewhere, and I am single having nobody to ac...
by Theseus
Tue Oct 17, 2017 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: how long did it take to get used to retirement
Replies: 105
Views: 11933

Re: how long did it take to get used to retirement

retire57 wrote:
Tue Oct 17, 2017 4:53 pm
It took DH about 20 minutes. I realize how harsh this sounds but ... people who say they don't know what they will do with themselves in retirement have no imagination.
In my case I agree. I have no imagination :D
by Theseus
Tue Oct 17, 2017 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: how long did it take to get used to retirement
Replies: 105
Views: 11933

Re: how long did it take to get used to retirement

I retired from my job 3 months ago at age 59. Although I gave it a lot of thought before I actually pulled the trigger and had 3 trips planned immediately so that I was retiring TO something I am now home and experiencing let down. I guess I was just delaying the inevitable by keeping myself so bus...
by Theseus
Tue Oct 17, 2017 3:52 pm
Forum: Personal Consumer Issues
Topic: How did you rise into the Executive Ranks?
Replies: 19
Views: 4389

Re: How did you rise into the Executive Ranks?

Some of the things I went through are below. 1. Most important thing is "knowing" your company mission and "knowing" your customers. If you don't believe in either - get out. Chances are you will never succeed. I learned this very hard way. 2. Sell yourself by doing hard things and making sure peopl...
by Theseus
Mon Oct 16, 2017 9:21 am
Forum: Investing - Theory, News & General
Topic: Interest Rates - What am I missing?
Replies: 2
Views: 575

Re: Interest Rates - What am I missing?

There is a currency risk involved. Euro was $1.08 earlier in the year and today it is $1.18. You can not know for sure if you are going to make money or loose money when you cash out - even with higher interest return of US.
by Theseus
Sat Oct 14, 2017 2:17 pm
Forum: Personal Consumer Issues
Topic: Happy Consumer Story (Backpacking Tent)
Replies: 16
Views: 1607

Re: Happy Consumer Story (Backpacking Tent)

We have Delta faucets when we got the house built 10+ years ago. And I didn't know they come with a lifetime warranty. So our kitchen soap dispenser was broken, I was looking to replace it. A friend told me about the warranty. I called them, they help me identify the discontinued model. And shipped ...
by Theseus
Sat Oct 14, 2017 2:07 pm
Forum: Personal Consumer Issues
Topic: Happy Consumer Story (Backpacking Tent)
Replies: 16
Views: 1607

Re: Happy Consumer Story (Backpacking Tent)

REI has a very liberal return policy. Makes me wonder how they stay in business. :shock: They have a loyal following. Their prices are usually on par with other big companies or slightly higher. But I would never shop anywhere else if I can get what I need from REI. Extremely knowledgeable sales st...
by Theseus
Fri Oct 13, 2017 9:36 am
Forum: Personal Consumer Issues
Topic: Earplugs that work on low frequency noise?
Replies: 35
Views: 2974

Re: Earplugs that work on low frequency noise?

Talking to them might actually work better than anything else. When I hired our lawn service, I had specific condition to not do Friday afternoons and on the weekends or early mornings. Since your neighbor is not doing it himself/herself it shouldn't be a big deal. But if that doesn't work, I have u...
by Theseus
Fri Oct 13, 2017 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Does IRS have equivalent of credit freeze?
Replies: 20
Views: 1874

Re: Does IRS have equivalent of credit freeze?

My wife and I are not eligible to request an IRS PIN, but I know our SS numbers and other info have been hacked at Equifax. What complications will we run into if we E-file a no refund 2017 joint tax return on January 26, 2018 and then file an amended return, with complete info that may or may not ...
by Theseus
Thu Oct 12, 2017 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Does IRS have equivalent of credit freeze?
Replies: 20
Views: 1874

Re: Does IRS have equivalent of credit freeze?

It would seem that the IRS could add an entry block to the tax form where they would ask you to enter your AGI (or some other value) from your previous year's tax form. That would stop a lot of fake returns immediately. This would be an inexpensive and reliable check of the validity of a return. Wh...
by Theseus
Thu Oct 12, 2017 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Does IRS have equivalent of credit freeze?
Replies: 20
Views: 1874

Re: Does IRS have equivalent of credit freeze?

THere have been many reports (I think there was a 60 minutes story also) on scammers filing fake returns. They will use stolen ssn, name etc and they submit a return online showing that they are owed a large refund. IRS will process that and deposit the refund amount in the bank account given. Then ...
by Theseus
Thu Oct 12, 2017 7:08 pm
Forum: Personal Consumer Issues
Topic: Protein Bars and Smoothies
Replies: 82
Views: 7843

Re: Protein Bars and Smoothies

my smoothie recipe - 2 scoops of goldstandard naturally flavored protien powder - half a cup of orange juice - 3/4 to 1 inch piece of ginger - 1/2 inch tumeric root (we get it from Wegmans) - 8-10 chuncks of pinneapple - 8-10 strawberries, or mango pieces - kale or spinatch - 10-12 drops of lemon ju...
by Theseus
Thu Oct 12, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Does IRS have equivalent of credit freeze?
Replies: 20
Views: 1874

Does IRS have equivalent of credit freeze?

With all the data breaches going around I have finally frozen my credit at the three bureaus. So I was thinking I should do the same for my tax returns as that seem to be much harder to fix if someone files a false tax return. So went looking for that on IRS site and don’t see anything like that ava...
by Theseus
Thu Oct 12, 2017 6:21 pm
Forum: Personal Consumer Issues
Topic: Washington DC Trip
Replies: 25
Views: 2247

Re: Washington DC Trip

Have you considered taking Segway tour. I haven’t done it in DC but did it in San Diego and it was a lot fun. We did that on the first day and then decided to go back to the places we were interested in during rest of the stay. DC has some of the most amazing restaurants for all budgets. I live in n...
by Theseus
Wed Oct 11, 2017 4:06 pm
Forum: Personal Consumer Issues
Topic: Ecuador safe to travel and hike?
Replies: 21
Views: 2725

Re: Ecuador safe to travel and hike?

Thank you all. I think we will go to Ecuador with a guided tour.
by Theseus
Tue Oct 10, 2017 8:45 pm
Forum: Personal Consumer Issues
Topic: Ecuador safe to travel and hike?
Replies: 21
Views: 2725

Ecuador safe to travel and hike?

I am thinking of going on a 8 day hike/trek with my college freshman daughter in January. She is not the type that would rough it out into a tent. So I have narrowed down to two guided treks that are reasonably priced that each has hotel stay so she has access to her bathroom and bed :-). Our first ...
by Theseus
Mon Oct 09, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 7517

Re: Asking for discounts

I have a funniest story. In 1998 we had this guy that moved to work for our company from far away. He had sold everything he owned and drove down with just car and cloths. So he ended up going to Walmart to buy a bunch of things. His bill was about $2000. At the checkout counter he simply asked sinc...
by Theseus
Tue Oct 03, 2017 5:43 pm
Forum: Personal Consumer Issues
Topic: Visiting Paris - should we buy tickets in advance?
Replies: 37
Views: 2298

Re: Visiting Paris - should we buy tickets in advance?

Eiffel tickets on popular days sell out quickly - at least in the summer. If you want to be on the top at a specific time of the day (sunset), it may be worth buying ahead. We were there in summer. It was all sold out and we had to go through getyourguide.com. We ended up paying more for it. But the...
by Theseus
Wed Sep 27, 2017 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest cash to retire tomorrow?
Replies: 22
Views: 3148

Re: Where to invest cash to retire tomorrow?

Considering that you are 1. Not risk averse 2. Have marketable skills 3. Inheritance coming 4. Most likely you can adjust your lifestyle (in the worst case scenario) I would recommend no more than 20% in the bond index funds. Rest in broad market index funds and and some in international. Higher equ...
by Theseus
Wed Sep 27, 2017 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Another "Should I sell my business" thread
Replies: 26
Views: 2974

Re: Another "Should I sell my business" thread

Congratulations on your success. I am sure it is gratifying to see all the hard work come to fruition. I just sold my business about two months back at the age of 50. I am FIR. Here are my thoughts. In somewhat random order. 1. Nedsaid is correct. You will get the most value if you sell when its gro...
by Theseus
Wed Sep 20, 2017 7:21 pm
Forum: Personal Consumer Issues
Topic: Spray Foam Insulation
Replies: 20
Views: 2599

Re: Spray Foam Insulation

When I finished my basement, I got the spray foam insulation in the basement ceiling for noise dampening. I regret doing that. If I ever have to fish the wire to run the lines, it is nearly impossible. I just ran into this last week. My AC line was punctured by a contractor that was drilling a hole ...
by Theseus
Tue Sep 19, 2017 2:07 pm
Forum: Personal Consumer Issues
Topic: Finding contractor for small-ish, hourly job (deck carpentry)
Replies: 19
Views: 1394

Re: Finding contractor for small-ish, hourly job (deck carpentry)

I've used Thumbtack successfully to find people for jobs around the house. I am not sure if it is busy/good in all areas, but the last project I put on there was for a handyman. You select the type of service you want, provide details of the job, and then local service people can send you back thei...
by Theseus
Tue Sep 19, 2017 12:31 pm
Forum: Personal Consumer Issues
Topic: Getting (young) kids interested in coding
Replies: 81
Views: 6287

Re: Getting (young) kids interested in coding

I know others have said this. But Scratch is the best thing at that age. It is not overwhelming and kids can see the results fairly quickly. I have experience with this with two of my girls with very different process. As my older one is a freshman at V-Tech and younger just started 6th grade. Older...
by Theseus
Mon Sep 18, 2017 10:27 am
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 387
Views: 44224

Re: Name something you had to have and now you regret purchasing it?

My Audi Q5 Hybrid - Sport Suspension....About to trade it in for my arriving Model X. Wow, I know the new iPhone is expensive, but trading in an Audi?? :wink: Congrats on the Tesla! Thank you. Tesla is more of an emotional buy for me - and I am blessed enough to be able to afford it without impacti...
by Theseus
Thu Sep 14, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: AAII conference
Replies: 4
Views: 670

Re: AAII conference

Thank you! I will go and see how it is.
by Theseus
Wed Sep 13, 2017 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: AAII conference
Replies: 4
Views: 670

AAII conference

I am trying to decide if this year's conference is worth attending. It will be my first time. For those who have attended this conference in the past, what value do you assign to it? Is it worth attending? I am an index investor but investment related topics interest me a lot.
by Theseus
Wed Sep 13, 2017 1:04 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 387
Views: 44224

Re: Name something you had to have and now you regret purchasing it?

My Audi Q5 Hybrid - Sport Suspension. I really wanted hybrid and they had made only 300 that year. So I bought without seeing or test driving the sport suspension. I found out sport suspension isn't for me. But kept it for 5 years. About to trade it in for my arriving Model X.
by Theseus
Tue Sep 12, 2017 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tips on helping spouse feel that we are truly FI?
Replies: 18
Views: 1813

Re: Tips on helping spouse feel that we are truly FI?

Thanks for the input so far. To clarify why I posted this, my main purpose is to convince my wife that we are in good shape and have some options. She doesn't need to be as stressed about work or money at this point. The second reason is so that we can dream and discuss more about future options an...