Search found 50 matches

by Estate_Esq
Fri Sep 02, 2016 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: The Richest Man in Babylon
Replies: 29
Views: 7215

Re: The Richest Man in Babylon

A great book. Happily, it's available in several audiobook versions.
by Estate_Esq
Thu Sep 01, 2016 7:42 pm
Forum: Investing - Theory, News & General
Topic: Mr. Money Mustache Staying in Lending Club
Replies: 68
Views: 11441

Re: Mr. Money Mustache Staying in Lending Club

Haters gonna hate. I guess. :D Regular readers of the MMM blog will know that by "retire" MMM means something closer to financially independent than "will never do anything productive for the rest of your life". Being financially independent means quitting your job and spending ...
by Estate_Esq
Thu Sep 01, 2016 12:29 pm
Forum: Investing - Theory, News & General
Topic: Mr. Money Mustache Staying in Lending Club
Replies: 68
Views: 11441

Re: Mr. Money Mustache Staying in Lending Club

there's no way I'd go near Lending Club these days.
What about Prosper?
by Estate_Esq
Thu Sep 01, 2016 11:56 am
Forum: Investing - Theory, News & General
Topic: Mr. Money Mustache Staying in Lending Club
Replies: 68
Views: 11441

Re: Mr. Money Mustache Staying in Lending Club

It's in MMM financial interest to continue recommending this to others. I do wonder how much he makes through that affiliate link. I believe the NYT article about him said he makes well into the six figures off all the affiliate links. It is not surprising that he is still pushing something that fu...
by Estate_Esq
Thu Sep 01, 2016 11:49 am
Forum: Investing - Theory, News & General
Topic: Mr. Money Mustache Staying in Lending Club
Replies: 68
Views: 11441

Re: Mr. Money Mustache Staying in Lending Club

Pacman wrote:It's in MMM financial interest to continue recommending this to others.

I do wonder how much he makes through that affiliate link.
by Estate_Esq
Thu Sep 01, 2016 10:51 am
Forum: Investing - Theory, News & General
Topic: Mr. Money Mustache Staying in Lending Club
Replies: 68
Views: 11441

Mr. Money Mustache Staying in Lending Club

After the recent turmoil involving the Lending Club, MMM says he's sticking with it. See the August 2016 Update at the end of this post: http://www.mrmoneymustache.com/the-lending-club-experiment/ I was considering investing with LC. However, I don't find MMM's or new CEO Scott Sanborn's response to...
by Estate_Esq
Thu Sep 01, 2016 12:53 am
Forum: Personal Consumer Issues
Topic: Who is ready for iphone 7?
Replies: 149
Views: 18892

Re: Who is ready for iphone 7?

iphone 7 is just around the corner. Apple states its release in early September. Based on current leak and rumor it is almost certain that there won't be significant upgrade from iphone 6/6s at least in appearance. Quite a few people think Apple has run out of innovative ideas since Steve Jobs pass...
by Estate_Esq
Wed Aug 31, 2016 12:44 pm
Forum: Personal Investments
Topic: Question regarding my advisor's recommendations...
Replies: 32
Views: 2937

Re: Question regarding my advisor's recommendations...

BL wrote: There is a free short little PDF booklet that is packed with good info that I love to recommend:
https://www.etf.com/docs/IfYouCan.pdf

I just read that. Pure gold. His words on financial advisers are scorching.
by Estate_Esq
Tue Aug 30, 2016 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off huge student loan vs Investing
Replies: 49
Views: 6897

Re: Pay off huge student loan vs Investing

So many numbers... So many differing views. 1. Pay it off 2. Don't touch it 3. Go middle ground 4. Let it pay itself off My wife is laughing at me as I pull my hair out. Are there some "core tenets" that Bogleheads agree upon financially? I need to start from the beginning because ya'll o...
by Estate_Esq
Tue Aug 30, 2016 10:32 am
Forum: Investing - Theory, News & General
Topic: In what order should I read these books?
Replies: 42
Views: 9875

Re: In what order should I read these books?

It looks like I need to add Bernstein's Four Pillars to my list and possibly get right to it. I'm reading the pdf suggested above and am most impressed so far. I confess that I've already "read" The Millionaire Next Door via audiobook. Being prone to extravagance, I recognized that I had t...
by Estate_Esq
Mon Aug 29, 2016 11:16 pm
Forum: Investing - Theory, News & General
Topic: In what order should I read these books?
Replies: 42
Views: 9875

Re: In what order should I read these books?

FYI: I've just discovered the following in audiobook format: The Millionaire Next Door: The Surprising Secrets of America's Rich http://www.audible.com/pd/Business/The-Millionaire-Next-Door-Audiobook/B002UZKJSG/ref=a_pd_Self-D_c4_2_3_i?ie=UTF8&pf_rd_r=1A42VR1R6C1WS625JWGP&pf_rd_m=A2ZO8JX97D5...
by Estate_Esq
Mon Aug 29, 2016 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Managing a windfall: DIY or hire an advisor?
Replies: 53
Views: 7094

Re: Managing a windfall: DIY or hire an advisor?

FYI: Available in audiobook format: The Millionaire Next Door: The Surprising Secrets of America's Rich http://www.audible.com/pd/Business/The-Millionaire-Next-Door-Audiobook/B002UZKJSG/ref=a_pd_Self-D_c4_2_3_i?ie=UTF8&pf_rd_r=1A42VR1R6C1WS625JWGP&pf_rd_m=A2ZO8JX97D5MN9&pf_rd_t=101&p...
by Estate_Esq
Mon Aug 29, 2016 11:08 pm
Forum: Investing - Theory, News & General
Topic: Looking for Audible (audio book) recommendations
Replies: 15
Views: 3896

Re: Looking for Audible (audio book) recommendations

The Millionaire Next Door: The Surprising Secrets of America's Rich http://www.audible.com/pd/Business/The-Millionaire-Next-Door-Audiobook/B002UZKJSG/ref=a_pd_Self-D_c4_2_3_i?ie=UTF8&pf_rd_r=1A42VR1R6C1WS625JWGP&pf_rd_m=A2ZO8JX97D5MN9&pf_rd_t=101&pf_rd_i=detail-page&pf_rd_p=18147...
by Estate_Esq
Mon Aug 29, 2016 7:03 pm
Forum: Investing - Theory, News & General
Topic: In what order should I read these books?
Replies: 42
Views: 9875

Re: In what order should I read these books?

moneywise3 wrote:I haven't read any of these books fully, just partly. But I read this forum, and never felt the need to read anything else.
I'm addicted to books. Better than heroin, I suppose. :wink:
by Estate_Esq
Mon Aug 29, 2016 7:02 pm
Forum: Investing - Theory, News & General
Topic: In what order should I read these books?
Replies: 42
Views: 9875

Re: In what order should I read these books?

BL wrote:I suggest The Bogleheads' Guide to Investing.
Also you can read this pdf tonight by Dr William Bernstein:
https://www.etf.com/docs/IfYouCan.pdf
Looks interesting. I'm 44 rather than a Millennial, but I'm sure much of it will be useful for me too. Thx.
by Estate_Esq
Mon Aug 29, 2016 6:45 pm
Forum: Investing - Theory, News & General
Topic: In what order should I read these books?
Replies: 42
Views: 9875

Re: In what order should I read these books?

Ganacel wrote:If you're already out of debt and saving a lot of money (and probably you are based on you saying you already have six figures to invest), then...
True, no debt.

Thanks all for the responses so far. A consensus seems to be emerging about Random Walk being the first to read.
by Estate_Esq
Mon Aug 29, 2016 4:22 pm
Forum: Investing - Theory, News & General
Topic: In what order should I read these books?
Replies: 42
Views: 9875

In what order should I read these books?

Having tried and failed miserably at active trading :oops:, I'm sort of new to the Bogleheads way. I've bought the books listed below and now am trying to figure out which I should read first, second, etc. What do you think? Oh, any great video recommendations would also be most welcome. I've alread...
by Estate_Esq
Sun Aug 21, 2016 5:26 pm
Forum: Investing - Theory, News & General
Topic: Financial Freedom?
Replies: 13
Views: 2274

Re: Financial Freedom?

Been thinking about retiring early, basically due to stress which comes from my job. I'm 55 years old and can collect a healthy pension and have my health care mostly covered (I pay $400/month) Not super rich compared to many posters on this site but I do have about 1.2 M in retirement savings. No ...
by Estate_Esq
Thu Aug 11, 2016 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: WaPo profiles Bogleheadish family
Replies: 10
Views: 2281

Re: WaPo profiles Bogleheadish family

The Washington Post has a story on their website about a very large and very frugal family: ... Thanks much for sharing. Such a beautiful, fruitful, and prudent family. They're obviously fellow actual ("traditional") Catholics, and thus hold a special place in my heart. And they're not in...
by Estate_Esq
Thu Aug 11, 2016 5:58 pm
Forum: Personal Consumer Issues
Topic: Solo Travel
Replies: 40
Views: 5544

Re: Solo Travel

I will be traveling to Tulum, Mexico... Any advice would be greatly appreciated. Thanks! Beware the airport scam recounted here: Avoid the megaresorts of Mexico in Tulum, a hipster mecca on the Yucatan Peninsula https://www.washingtonpost.com/lifestyle/travel/avoid-the-megaresorts-of-mexico-in-tulu...
by Estate_Esq
Thu Aug 11, 2016 5:46 pm
Forum: Personal Consumer Issues
Topic: Talked myself out of buying a new car. What do you think
Replies: 30
Views: 4182

Re: Talked myself out of buying a new car. What do you think

Railroader wrote:I think I will get the owners manual out and go spend a couple hundred dollars and replace my fluids. What do you guys think?
Yes, do this.
by Estate_Esq
Wed Aug 10, 2016 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Parents TOO frugal - leave it be???
Replies: 34
Views: 5489

Re: Parents TOO frugal - leave it be???

Slacker wrote:Just continue to mind my own business?
Yes, completely.
by Estate_Esq
Wed Jul 20, 2016 3:14 pm
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 113
Views: 41337

Re: Betterment Review

Normaldude, your last post should be in the Bogleheads' Member Post Hall of Fame. You made your point brilliantly with the photos. As they say, a picture is worth 1,000 words. I second this motion. Great post indeed, Normaldude. Whenever I see tattoos, jeans, and all such slovenliness, my skeptical...
by Estate_Esq
Mon Jul 18, 2016 3:38 pm
Forum: Personal Consumer Issues
Topic: Okinawa: No Word for Retirement!
Replies: 6
Views: 2607

Re: Okinawa: No Word for Retirement!

[They] also live rather primitively without modern conveniences, sewage, etc. The Blue Zones books mention what the author calls "de-conveniencing" as part of the longevity recipe. I've now started parking in the most remote reaches of parking lots. I'm also ripping out the modern plumbin...
by Estate_Esq
Mon Jul 18, 2016 3:33 pm
Forum: Personal Consumer Issues
Topic: Who do you not tip, and why?
Replies: 57
Views: 7756

Re: Who do you not tip, and why?

I tip everyone I possibly can, usually at a 50% rate. It brings me great service and happiness wherever I go.
by Estate_Esq
Sun Jul 17, 2016 1:44 am
Forum: Personal Consumer Issues
Topic: Okinawa: No Word for Retirement!
Replies: 6
Views: 2607

Okinawa: No Word for Retirement!

I've been reading The Blue Zones (2nd edition) book, each zone consisting of the longest lived people in the world, and one of the zones is Okinawa. While also watching lectures by the author on Youtube and related videos, I learned that the Okinawans have no word for retirement. This is the video w...
by Estate_Esq
Fri Jul 15, 2016 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: I created dependency, now what?
Replies: 50
Views: 8093

Re: I created dependency, now what?

Alas, pathological altruism is one of the defining bugs of the modern secularized European mind. Much, much more could be said about this. At any rate, I believe that justice demands that you don't cut them off immediately. Rather, incrementally decrease your contributions and let them know you'll b...
by Estate_Esq
Fri Jul 15, 2016 5:11 pm
Forum: Investing - Theory, News & General
Topic: "Pokemon Go" -- should buying Nintendo have been obvious?
Replies: 88
Views: 9348

Re: "Pokemon Go" -- should buying Nintendo have been obvious?

They are also releasing this http://www.theverge.com/2016/7/14/12187296/nintendo-nes-classic-edition-announced-price-games. If I would have known a month ago, I probably would have bought my first individual stock. It's going to be a huge year for Nintendo. It's insane to me the number of tech-incl...
by Estate_Esq
Fri Jul 15, 2016 3:06 pm
Forum: Personal Consumer Issues
Topic: Raising a reader
Replies: 53
Views: 6466

Re: Raising a reader

Our son is going to be 8 months old soon, and both my wife and I want to ensure that he gets into a habit of reading from an early age. What strategies have worked for parents here for that? Any ideas you guys can share? Thanks! Any ideas? Ok. The hard, hard truth is that universal literacy is vast...
by Estate_Esq
Fri Jul 15, 2016 2:52 pm
Forum: Personal Consumer Issues
Topic: Raising a reader
Replies: 53
Views: 6466

Re: Raising a reader

Our son is going to be 8 months old soon, and both my wife and I want to ensure that he gets into a habit of reading from an early age. What strategies have worked for parents here for that? Any ideas you guys can share? Thanks! Any ideas? Ok. Yours is a great aspiration, but one to be pursued with...
by Estate_Esq
Wed Jul 13, 2016 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Real career path for a 23 yr old with no college degree
Replies: 50
Views: 14641

Re: Real career path for a 23 yr old with no college degree

I am hoping to tap the group's wisdom and experiences on this one as I am somewhat at a loss. My 23 year old son (ADHD and very dyslexic) has decided college is not for him.... I salute your son! His recognition that college isn't for him indicates a degree of wisdom vastly superior to most college...
by Estate_Esq
Wed Jul 13, 2016 7:05 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 5075
Views: 1323702

Re: What Book Are You Currently Reading? Part VI

Re-reading a golden little book by the Frenchman Rev. Jacques Philippe; namely, Searching for and Maintaining Peace: A Small Treatise on Peace of Heart
by Estate_Esq
Wed Jul 13, 2016 6:57 pm
Forum: Personal Investments
Topic: Pull out of market?
Replies: 56
Views: 9351

Re: Pull out of market?

Sell half your stocks - live peacefully at 30/70 for the rest of your days. Said like a winner ! :sharebeer 'Tis indeed saintly advice. I'm reminded of that great little book by the Frenchman Rev. Jacques Philippe entitled Searching for and Maintaining Peace: A Small Treatise on Peace of Heart .
by Estate_Esq
Wed Jul 13, 2016 6:44 pm
Forum: Personal Consumer Issues
Topic: What should I tip the limo driver?
Replies: 25
Views: 5768

Re: What should I tip the limo driver?

Tour of the local wine country. Eight hours total. Drive up there is about 75 minutes. Cost for eight hours is $1200. Eight adults- obnoxious level probably medium to medium high by the end of the day. So what should I tip this guy at the end of it? Thanks. I recommend a provisional 50% tip. Disbur...
by Estate_Esq
Tue Jul 12, 2016 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: I am doing this! First time Home Buyer. How do you choose an Attorney?
Replies: 16
Views: 2168

Re: I am doing this! First time Home Buyer. How do you choose an Attorney?

Phineas is exactly right.

Some might instead advise you to check sites like Martindale or Avvo. These sites are, in fact, worthless. The ratings are bought.
by Estate_Esq
Tue Jul 12, 2016 6:08 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3500
Views: 582719

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

GoldenFinch wrote:We hit an "all time high" the day before Brexit, and now are at a new "all time high" today. It's been an interesting year.
And yet another today. DJIA closed at 18347.67.
by Estate_Esq
Tue Jul 12, 2016 6:02 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3500
Views: 582719

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

U.S. Stocks (Vanguard Total Stock Market ETF) 31.4%, 6.2% return Foreign Stocks (Vanguard FTSE Developed Markets ETF) 24%, 2.9% return Emerging Markets (Vanguard FTSE Emerging Markets ETF & iShares Core MSCI Emerging Markets ETF) 19.7%, 6.5% return Dividend Stocks (Vanguard Dividend Appreciation...
by Estate_Esq
Sun Jul 10, 2016 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Fund Kid
Replies: 63
Views: 8468

Re: Trust Fund Kid

Looking for advice on dealing with a 23 year old son who dropped out of college in his senior year and now works minimum wage job and shares apartment with people he found on Craig's list. Behavior changed when he became aware that he is beneficiary of a million dollar trust. I know its not an inve...
by Estate_Esq
Sat Jul 09, 2016 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Trust nightmare, help needed!!!
Replies: 26
Views: 4907

Re: Trust nightmare, help needed!!!

In such a situation, wisdom demands heeding only the following message board advice: hire an attorney who specializes in this area of law. You shouldn't feel compelled to come to a message board for advice. If you already have an attorney, consider a replacement.
by Estate_Esq
Thu Jun 30, 2016 6:59 pm
Forum: Investing - Theory, News & General
Topic: Betterment's market timing move.
Replies: 5
Views: 1421

Re: Betterment's market timing move.

Betterment's move to halt trading following Brexit vote sparks controversy; "The notion they would halt trading on a 2% market drop; I was very surprised,” he adds, echoing the opinion of other advisers. “I couldn’t imagine if Vanguard would ever do the same thing." Betterment didn't even...
by Estate_Esq
Sat Jun 25, 2016 4:01 pm
Forum: Investing - Theory, News & General
Topic: What did you learn from the post-Brexit bloodbath?
Replies: 145
Views: 18016

Re: What did you learn from the post-Brexit bloodbath?

I learned to raise my skeptical antennae even higher whenever listening to hysterical media scum.
by Estate_Esq
Wed May 18, 2016 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 9632

Re: Pride in no inheritance to kids?

OP, it is strange indeed. It's a kind of plebeian, peasant pride; definitely something that doesn't infect aristocratic souls. Sadly, Warren Buffet is infected with this same petty pride. Perhaps many, looking to him as a role model, are adopting his brand of pathetic pecuniary perfidy.
by Estate_Esq
Tue May 17, 2016 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 30793

Re: Rich But Middle Class

OP, you are not rich, but you are thoroughly middle class (as indicated by, among other things, your belief that you're rich). Highly recommended reading: Class: A Guide Through the American Status System, by Paul Fussell.
by Estate_Esq
Wed May 11, 2016 9:43 am
Forum: Personal Consumer Issues
Topic: One Week "Sabbatical"
Replies: 43
Views: 5856

Re: One Week "Sabbatical"

Maui.
by Estate_Esq
Tue May 10, 2016 6:42 pm
Forum: Personal Consumer Issues
Topic: Sci-Fi ... your favorite movies and episodes??
Replies: 145
Views: 20014

Re: Sci-Fi ... your favorite movies and episodes??

wvmtnbkr wrote:
gd wrote:I was always underwhelmed by ST: DS9, too, but I've considered watching it again as I missed a lot of it during the original broadcast run and my friend claims it is the best of the "new" Trek.
It gets really, really epic good starting at season 4.
by Estate_Esq
Tue May 10, 2016 6:35 pm
Forum: Personal Consumer Issues
Topic: Sci-Fi ... your favorite movies and episodes??
Replies: 145
Views: 20014

Re: Sci-Fi ... your favorite movies and episodes??

Psyayeayeduck wrote:My favorite ST series is ST: Deep Space 9 especially when Worf was reintroduced to the series. It felt like the most "realistic" out of all of the ST series.
Yes! I just watched that episode--The Way of the Warrior--last night.
by Estate_Esq
Tue May 03, 2016 7:52 pm
Forum: Personal Consumer Issues
Topic: Sci-Fi ... your favorite movies and episodes??
Replies: 145
Views: 20014

Re: Sci-Fi ... your favorite movies and episodes??

Interested in seeing what the group likes best. My all time favorites are Avatar as a movie, the last two episodes of Star Trek Voyager, where Janeway time travels to defeat the Borg and return Voyager home. The Stargate introductory movie, the Star Trek Enterprise season end and start episodes whe...
by Estate_Esq
Wed Apr 13, 2016 8:54 pm
Forum: Personal Consumer Issues
Topic: One finance/investing book you heard great things but wasn't your cup of tea.
Replies: 29
Views: 3689

Re: One finance/investing book you heard great things but wasn't your cup of tea.

....... Right now I am reading The Four Pillars .... The Four Pillars of Investing is one of the basic, fundamental texts; required reading for new investors, in my opinion. The history of stock markets should be required reading; Bernstein does it the best. I've read elsewhere that The Investor's ...
by Estate_Esq
Wed Apr 13, 2016 8:58 am
Forum: Personal Finance (Not Investing)
Topic: How do you find more satisfaction while living below your means?
Replies: 52
Views: 6450

Re: How do you find more satisfaction while living below your means?

Read Preparation for Death by St. Alphonsus Liguori (Alfonso de Liguori in the original Italian). He beautifully and unforgettably puts everything into perspective.