Search found 549 matches

by Dave76
Sat Mar 24, 2012 7:58 pm
Forum: Personal Consumer Issues
Topic: Law school
Replies: 78
Views: 5218

Re: Law school

I also have a more distant relative who is an actuary and he makes about the same money for half the hours; he has been doing this for almost 10 years. But it's a dull job. My father trained with New York Life in the 1960s. He couldn't stand it. Librarianship is a good choice. Many law firms hire l...
by Dave76
Sat Mar 24, 2012 1:19 am
Forum: Personal Finance (Not Investing)
Topic: About a college scholarship
Replies: 7
Views: 735

Re: About a college scholarship

That's too much money for an undergraduate degree. They could do a distance degree with the London School of Economics for a fraction of the cost. m And a $20k car for a teen is ridiculous. Are you going to make him pay the extortionate amount for insurance? Here's the perfect car for a young colleg...
by Dave76
Thu Mar 22, 2012 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Medical career at 37?
Replies: 68
Views: 5841

Re: Medical career at 37?

A Physician Assistant degree would be a good choice.

http://www.bls.gov/oco/ocos081.htm
by Dave76
Tue Mar 20, 2012 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Trying to Purchase Home. Am I reasonable or just plain cheap
Replies: 44
Views: 3766

Re: Trying to Purchase Home. Am I reasonable or just plain c

Just remember: Marital bliss is when your wife is always right. Is it worth fighting the battle on this one? What you don't want to do is buy the cheaper house, then end up buying a more expensive house in a few years because your wife is unhappy. The transaction costs (including commissions, loans...
by Dave76
Tue Mar 20, 2012 9:21 am
Forum: Personal Consumer Issues
Topic: New car--new model, high demand. Tips?
Replies: 100
Views: 7667

Re: New car--new model, high demand. Tips?

I have no problem with informed preference. I prefer to do most of my driving in a vehicle with a curb weight of 5000 pounds that gets ~100 miles to the gallon or infinite miles to the gallon depending on how your figure it. I am primary driver for a vanpool in a Ford E350 transit van. I ride for f...
by Dave76
Mon Mar 19, 2012 9:08 pm
Forum: Personal Consumer Issues
Topic: New car--new model, high demand. Tips?
Replies: 100
Views: 7667

Re: New car--new model, high demand. Tips?

The Hyundai Elantra Touring is called 'i30 SW' in other markets -- SW meaning Sport Wagon. The hatchback model is called i30.
by Dave76
Mon Mar 19, 2012 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to Purchase Home. Am I reasonable or just plain cheap
Replies: 44
Views: 3766

Re: Trying to Purchase Home. Am I reasonable or just plain c

TRC wrote:With that much income, why not save and pay cash?


If most people were as rational as you, we wouldn't have a foreclosure crisis right now. Levittown-style homes are no longer enough for people. They always want more...

http://tigger.uic.edu/~pbhales/Levittown/building.html
by Dave76
Mon Mar 19, 2012 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Car Purchase: Loan versus Cash
Replies: 26
Views: 2526

Re: Car Purchase: Loan versus Cash

Don't carry a loan with interest, if you don't need the loan, to boost your credit score. Pay all your credit card bills on time, don't carry large balances, utilization less than 20 percent, don't have excessive credit inquiries, and your score should be fine. I am considerably younger than you, a...
by Dave76
Mon Mar 19, 2012 8:19 pm
Forum: Personal Consumer Issues
Topic: New car--new model, high demand. Tips?
Replies: 100
Views: 7667

Re: New car--new model, high demand. Tips?

bru wrote: We couldn't wait for it to arrive this summer (hard to function for six months with only one car, sad but true for us) and really didn't need a hatchback so we went with the sedan.



It's a wagon. The hatchback is not available in North America.

http://commons.wikimedia.org/wiki/File: ... 100516.jpg
by Dave76
Mon Mar 19, 2012 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do if you were in my situation?
Replies: 22
Views: 2615

Re: What would you do if you were in my situation?

Give to a charity. Start a rare book collection. Why on earth would he want to waste his money doing either of these? I do it and I'm happy. OP -- Take your children on a couple of overseas trips. It'll be a good experience for them. There's nothing wrong with spending some of your earnings. What's...
by Dave76
Mon Mar 19, 2012 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Medical career at 37?
Replies: 68
Views: 5841

Re: Medical career at 37?

Do a Physician's Assistant or Nursing degree.
by Dave76
Sun Mar 18, 2012 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do if you were in my situation?
Replies: 22
Views: 2615

Re: What would you do if you were in my situation?

Why I would invest 31% in US equities, 31% in foreign equities, 31% in bonds, and 7% in commercial real estate, of course. Of my equities, I would have no more than 50% in large-cap equities, so say 16% US large-cap and 16% foreign large-cap overall with 17% in US small/mid-cap and 17% in foreign s...
by Dave76
Sun Mar 18, 2012 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do if you were in my situation?
Replies: 22
Views: 2615

Re: What would you do if you were in my situation?

Spend 2 weeks in Switzerland.

Give to a charity.

Start a rare book collection.
by Dave76
Sun Mar 18, 2012 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Should we sell our 2nd car?
Replies: 7
Views: 720

Re: Should we sell our 2nd car?

You could call your insurance company and have them reduce the annual mileage figure for your second vehicle. I did that with my second car and saved $120. My rate is now $315/year.
by Dave76
Sun Mar 18, 2012 8:37 pm
Forum: Personal Consumer Issues
Topic: The crop of small sedans: Cruze, Focus, Elantra, 3...
Replies: 82
Views: 6716

Re: The crop of small sedans: Cruze, Focus, Elantra, 3...

I have a Corrolla and I love it for what it is, a great economy car. I'm not sure what the specs say, but it gets about 40mpg on the highway and I have never had any problems with it as far as repairs. I recently stopped at the auto shop to get some new break pads (I had 75k miles on the car and st...
by Dave76
Sat Mar 17, 2012 7:50 pm
Forum: Personal Consumer Issues
Topic: Car Safety and Crash Test ratings
Replies: 12
Views: 974

Re: Car Safety and Crash Test ratings

Weight of the vehicle does matter. For example, a 5 star rating for a 2500 lb vehicle does not result in the same "safety" as a 5 star rating on a 5000 lb vehicle. Except that if everyone drove around in 2500lb vehicles (and didn't drink+drive, text+drive, read road map+drive, etc, etc, e...
by Dave76
Sat Mar 17, 2012 4:37 pm
Forum: Personal Consumer Issues
Topic: The crop of small sedans: Cruze, Focus, Elantra, 3...
Replies: 82
Views: 6716

Re: The crop of small sedans: Cruze, Focus, Elantra, 3...

The new Subaru Impreza seems nice. It only gets 36 mpg highway, but it's AWD.
by Dave76
Tue Mar 13, 2012 8:40 am
Forum: Personal Consumer Issues
Topic: New car--new model, high demand. Tips?
Replies: 100
Views: 7667

Re: New car--new model, high demand. Tips?

Fair enough. I still don't understand the Boglehead obsession with it. Visibility is poor; it's expensive to buy; it's expensive to insure; the guages are set in the middle of the dashboard; the exterior is homely; diesels in Europe are more efficient and cost less. I really don't see the appeal. I...
by Dave76
Mon Mar 12, 2012 8:32 pm
Forum: Personal Consumer Issues
Topic: New car--new model, high demand. Tips?
Replies: 100
Views: 7667

Re: New car--new model, high demand. Tips?

Aside from wanting her to be safe, I could care less. I kind of like not caring about my car.) Any advice is appreciated. Thanks! -Ryan I don't think a Prius can do a good job protecting its occupants in a crash. It's pretty small. If you want safety, longevity, and an overall proven design, I woul...
by Dave76
Mon Mar 12, 2012 8:13 pm
Forum: Personal Consumer Issues
Topic: New car--new model, high demand. Tips?
Replies: 100
Views: 7667

Re: New car--new model, high demand. Tips?

Aside from wanting her to be safe, I could care less. I kind of like not caring about my car.) Any advice is appreciated. Thanks! -Ryan I don't think a Prius can do a good job protecting its occupants in a crash. It's pretty small. If you want safety, longevity, and an overall proven design, I woul...
by Dave76
Mon Mar 12, 2012 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Back to Med School - Financially Worth It?
Replies: 87
Views: 12943

Re: Back to Med School - Financially Worth It?

czeckers wrote:
The problem with medicine is that you have to try to help patients in spite of all these things. You really have to love what you do to put up with a significant loss of autonomy and still be happy.



And many patients don't listen to their doctors.
by Dave76
Mon Mar 12, 2012 8:00 pm
Forum: Personal Consumer Issues
Topic: New car--new model, high demand. Tips?
Replies: 100
Views: 7667

Re: New car--new model, high demand. Tips?

"How much would you worry about reliability for the first model year of a redesign?"

********

My answer is just four words -- Dodge Aspen, Plymouth Volare.
by Dave76
Mon Mar 12, 2012 5:43 pm
Forum: Personal Consumer Issues
Topic: Suggestions on Eastern European vacation
Replies: 22
Views: 3013

Re: Suggestions on Eastern European vacation

Eastern Europe is no longer interesting. The best time to go was in the 1980s. How about Switzerland?
by Dave76
Mon Mar 12, 2012 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Back to Med School - Financially Worth It?
Replies: 87
Views: 12943

Re: Back to Med School - Financially Worth It?

I'd look into a Physician Assistant program.
by Dave76
Mon Mar 12, 2012 12:52 am
Forum: Investing - Help with Personal Investments
Topic: Goal: Retire by 50
Replies: 108
Views: 10481

Re: Goal: Retire by 50

Rent controlled apartments are hard to come by. The best thing to do is to get out of San Francisco. I'd look at Dallas, Texas or Chapel Hill, North Carolina or Charleston, South Carolina or Yonkers, New York.
by Dave76
Sat Mar 10, 2012 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Using Wellesley for roth at 35
Replies: 7
Views: 893

Re: Using Wellesley for roth at 35

Is Wellington more diversified than Wellesley?
by Dave76
Fri Mar 09, 2012 9:51 pm
Forum: Investing - Theory, News & General
Topic: <Richard Dawson voice> Survey says $150K needed to live...
Replies: 102
Views: 6232

Re: <Richard Dawson voice> Survey says $150K needed to live.

But the OP is talking about families. You're not going to get a reasonably sized place for $1,500 in SF (even for a 1 bedroom that's very cheap). So housing will probably be $3-4k by itself. Not to pick on you, but I am sick and tired of New Yorkers or Californians complaining about housing costs. ...
by Dave76
Fri Mar 09, 2012 5:33 pm
Forum: Investing - Theory, News & General
Topic: <Richard Dawson voice> Survey says $150K needed to live...
Replies: 102
Views: 6232

Re: <Richard Dawson voice> Survey says $150K needed to live.

Yeah....play the misogyny card... What is wrong with a man being conscious about whether he is allowing himself to be turned into a beast of burden to pay for the expensive house, kids, and all the material “stuff” that he might well be willing to trade away for a more pleasant (think peace of mind)...
by Dave76
Fri Mar 09, 2012 1:33 pm
Forum: Investing - Theory, News & General
Topic: <Richard Dawson voice> Survey says $150K needed to live...
Replies: 102
Views: 6232

Re: <Richard Dawson voice> Survey says $150K needed to live.

Hmmm...I make less than $150K a year, live in one of the most expensive cities in the US (San Francsico), drive a BMW, collect expensive wines, go to nice restaurants, travel frequently, and am still able to save and invest alot. No need to make anywhere neat $150K/year to live. Did you win the lot...
by Dave76
Fri Mar 09, 2012 1:22 pm
Forum: Investing - Theory, News & General
Topic: <Richard Dawson voice> Survey says $150K needed to live...
Replies: 102
Views: 6232

Re: <Richard Dawson voice> Survey says $150K needed to live.

Hmmm...I make less than $150K a year, live in one of the most expensive cities in the US (San Francsico), drive a BMW, collect expensive wines, go to nice restaurants, travel frequently, and am still able to save and invest alot. No need to make anywhere neat $150K/year to live. Did you win the lot...
by Dave76
Fri Mar 09, 2012 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: College planning
Replies: 19
Views: 1103

Re: College planning

You're right. I apologise and will end here.
by Dave76
Fri Mar 09, 2012 12:16 pm
Forum: Investing - Theory, News & General
Topic: <Richard Dawson voice> Survey says $150K needed to live...
Replies: 102
Views: 6232

Re: <Richard Dawson voice> Survey says $150K needed to live.

http://money.msn.com/family-money/article.aspx?post=c20e622f-9f80-4b2d-90fd-164ead94b9b1 I admit that I am a top 1%er and make more than this and believe it would be very hard to live on any less than the $150K stated in this article myself (with my current lifestyle kids in private school, saving ...
by Dave76
Fri Mar 09, 2012 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: College planning
Replies: 19
Views: 1103

Re: College planning

They need the discipline, even in young adulthood. I have seen what happens to good kids once they've left the nest. Besides, sending them away to college is just extending adolescence. It's funny how people on this board obsess about money and saving for retirement, yet continue to spend frivolousl...
by Dave76
Fri Mar 09, 2012 11:42 am
Forum: Investing - Help with Personal Investments
Topic: College planning
Replies: 19
Views: 1103

Re: College planning

Most people have those values. Paying $150,000 to send an 18 year old away to live in a dormitory and get drunk and be promiscuous every other night? You think that's a good investment? What kind of values are those? It's better for young people to live at home and commute to a state school. Another...
by Dave76
Fri Mar 09, 2012 9:28 am
Forum: Investing - Help with Personal Investments
Topic: College planning
Replies: 19
Views: 1103

Re: College planning

It just means that he doesn't have to worry about saving for higher education. Sending kids away to colleges and universities is financial suicide. It is better to keep them home and have them work part-time.
by Dave76
Fri Mar 09, 2012 9:10 am
Forum: Investing - Help with Personal Investments
Topic: College planning
Replies: 19
Views: 1103

Re: College planning

Sprcpr,

Check out the University of London's distance learning programs. A BA/BS/BD degree can be had for as little as $5,500 and takes just three years to complete. Yes, for all three years.

http://www.londoninternational.ac.uk/

It's definitely in line with classic Boglehead orthodoxy...
by Dave76
Wed Mar 07, 2012 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Dating and Personal Finances... How important to you?
Replies: 57
Views: 4496

Re: Dating and Personal Finances... How important to you?

VictoriaF wrote:Candidate-3: Drives an expensive car.



That depends... 1983 BMW 533i or 2012 Lexus LS?
by Dave76
Wed Mar 07, 2012 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Dating and Personal Finances... How important to you?
Replies: 57
Views: 4496

Re: Dating and Personal Finances... How important to you?

Just think of what will happen when you're married with children and weighed down with a big mortgage. Take full advantage of your thrift-based lifestyle. You're going to need that money soon...

"To marry means to halve one's rights and double one's duties." -- Arthur Schopenhauer
by Dave76
Mon Mar 05, 2012 6:35 pm
Forum: Personal Consumer Issues
Topic: Car totaled, now what?
Replies: 54
Views: 3580

Re: Car totaled, now what?

I would look around for an old senior citizen special. I found a 1987 Chrysler New Yorker in 2010 for $900. It's my second vehicle, but was my primary vehicle for more than a year. A 1980-1990 Chevrolet Caprice would be another good choice.
by Dave76
Mon Mar 05, 2012 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Query - Target Retirement or Wellington?
Replies: 13
Views: 1154

Re: IRA Query - Target Retirement or Wellington?

Then why should I hold anything else if I've already got broad diversification in one fund (LS Growth fund of funds)? The reason I purchased the 500 Index was because I didn't want to be at the mercy of one fund, even if it is a fund of funds. The Wellington fund is more conservative, but I felt tha...
by Dave76
Mon Mar 05, 2012 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Query - Target Retirement or Wellington?
Replies: 13
Views: 1154

Re: IRA Query - Target Retirement or Wellington?

Many thanks for your input. I have to go back to work, so can only answer briefly: I didn't want to put too much into an IRA because I wanted the other investments to be "on tap" in the event of an emergency (i.e. health, job loss). Both funds are Vanguard funds. I have $8,000 in other fun...
by Dave76
Mon Mar 05, 2012 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Query - Target Retirement or Wellington?
Replies: 13
Views: 1154

Re: IRA Query - Target Retirement or Wellington?

Kevin,

I could max out this year's contributions...if necessary.
by Dave76
Mon Mar 05, 2012 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Query - Target Retirement or Wellington?
Replies: 13
Views: 1154

Re: IRA Query - Target Retirement or Wellington?

Thank you for the replies. To answer your questions: I do not have a 401k. I believe the LS Growth fund is in a taxable account. It's a stand-alone fund and is not in anything. Rather than taking an all-index approach, I thought that it would be best to hedge my bets, so to speak. I also have a few ...
by Dave76
Mon Mar 05, 2012 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Query - Target Retirement or Wellington?
Replies: 13
Views: 1154

IRA Query - Target Retirement or Wellington?

Dear Bogleheads, Thank you for admitting me to Bogleheads.org. I am looking to start an IRA and have the following two funds under consideration: Vanguard Target Retirement fund and the Wellington fund. I think my LifeStrategy Growth fund would complement the Wellington fund nicely; one passively ma...
by Dave76
Sun Mar 04, 2012 6:51 pm
Forum: Personal Consumer Issues
Topic: Toyota Prius Info
Replies: 38
Views: 3509

Re: Toyota Prius Info

Green technology is just too expensive, and the technology is still in its infancy. People who write things like that obviously have no experience or knowledge of the technology. The hybrid and regenerative brake technology is well proven. Prius cabs go hundreds of thousands of miles with only rout...
by Dave76
Sun Mar 04, 2012 6:40 pm
Forum: Personal Consumer Issues
Topic: Toyota Prius Info
Replies: 38
Views: 3509

Re: Toyota Prius Info

The Prius seems like a nice car, but hybrids are expensive. I paid 16.5k for my Hyundai Elantra Touring. It's roomier than the Prius and gets 40 mpg on the highways. The Touring is only rated 31mph highway. You're really getting that much above the EPA rating? I ask because this is one of the poten...
by Dave76
Sun Mar 04, 2012 12:32 pm
Forum: Personal Consumer Issues
Topic: Toyota Prius Info
Replies: 38
Views: 3509

Re: Toyota Prius Info

The Prius seems like a nice car, but hybrids are expensive. I paid 16.5k for my Hyundai Elantra Touring. It's roomier than the Prius and gets 40 mpg on the highways. Green technology is just too expensive, and the technology is still in its infancy. Volkswagen and Seat sell diesels in Europe that ar...
by Dave76
Sat Mar 03, 2012 9:13 pm
Forum: Personal Consumer Issues
Topic: Toyota Prius Info
Replies: 38
Views: 3509

Re: Toyota Prius Info

$25,000 is a lot of money for a small car, even if it is capable of 50+ mpg. I remember the 50+ mpg Chevrolet Sprint in the mid 80s. The sticker price on that one was around 7,000.