Search found 46 matches

by firedup
Sat Feb 20, 2021 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Revealing net worth
Replies: 251
Views: 16545

Re: Revealing net worth

I've told my spouse and my parents.

Other than that, I can't imagine why I would tell anyone else. What good could possibly come from it?
by firedup
Tue Jan 12, 2021 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Got a job offer for $840k/yr. Should I come out of retirement?
Replies: 229
Views: 29055

Re: Got a job offer for $840k/yr. Should I come out of retirement?

You work to earn money so you can eventually have enough money so you don't need to work--you're financially independent. You continue to work when your job is fulfilling enough that you actually enjoy doing it--you're not doing it for the money anymore. You are already financially independent. The ...
by firedup
Wed Jan 06, 2021 11:43 am
Forum: Personal Consumer Issues
Topic: Any multimillionaire's (more than 2mm) out there still mow their own lawn?
Replies: 341
Views: 25975

Re: Any multimillionaire's (more than 2mm) out there still mow their own lawn?

Regardless of my net worth, I do not mow my own lawn because I figured out it was better to hire someone who could do it better and faster than I could.

I also want to support a local business so as long as I can afford it, I'll hire the crew.
by firedup
Wed Jan 06, 2021 11:16 am
Forum: Personal Finance (Not Investing)
Topic: 2020: Lessons learned
Replies: 237
Views: 16173

Re: 2020: Lessons learned

Yep, I have around 8 to 10 years right now (depending on fluctuations in our annual expenses) but I'm hoping I won't need it. Sounds good! Having gone through the dot-com bust, the financial crisis - and what that 13 year secular period without a War Chest was like (due to younger age and still bei...
by firedup
Wed Jan 06, 2021 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Got my stimulus check, how about you?
Replies: 212
Views: 16278

Re: Got my stimulus check, how about you?

No, I don't need any more stimulation. :happy
by firedup
Wed Jan 06, 2021 10:29 am
Forum: Personal Finance (Not Investing)
Topic: 2020: Lessons learned
Replies: 237
Views: 16173

Re: 2020: Lessons learned

I learned that when the market tumbles, having debt makes me anxious--especially since I am near retirement. So when the market rose again this year, I paid off my mortgage and moved some profits to cash to help cushion any future dips. Now, I sleep better at night and am less focused on market swi...
by firedup
Tue Jan 05, 2021 7:03 pm
Forum: Personal Consumer Issues
Topic: What kind of car do Bogleheads like to drive?
Replies: 470
Views: 39324

Re: What kind of car do Bogleheads like to drive?

2008 BMW 335i with a 6-speed manual. It's a good blend of practicality and fun, and costs to own are pretty reasonable. It's already depreciated heavily so little cost there. I probably spend a bit more each year on maintenance and tires than a Honda Accord, but I get a lot of enjoyment for my mone...
by firedup
Tue Jan 05, 2021 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: 2020: Lessons learned
Replies: 237
Views: 16173

Re: 2020: Lessons learned

I learned that when the market tumbles, having debt makes me anxious--especially since I am near retirement. So when the market rose again this year, I paid off my mortgage and moved some profits to cash to help cushion any future dips. Now, I sleep better at night and am less focused on market swi...
by firedup
Tue Jan 05, 2021 6:53 pm
Forum: Personal Consumer Issues
Topic: What kind of car do Bogleheads like to drive?
Replies: 470
Views: 39324

Re: What kind of car do Bogleheads like to drive?

My 24-year-old Audi A4.
by firedup
Sat Jan 02, 2021 9:30 am
Forum: Personal Finance (Not Investing)
Topic: 2020: Lessons learned
Replies: 237
Views: 16173

Re: 2020: Lessons learned

I learned that when the market tumbles, having debt makes me anxious--especially since I am near retirement. So when the market rose again this year, I paid off my mortgage and moved some profits to cash to help cushion any future dips. Now, I sleep better at night and am less focused on market swin...
by firedup
Fri Jan 01, 2021 7:04 pm
Forum: Personal Investments
Topic: How many reached FI goal in 2020?
Replies: 62
Views: 4427

Re: How many reached FI goal in 2020?

Congrats, Frugalecon, a huge accomplishment for 25 years IMHO. I'm sure your Dad would have been very impressed and proud.

It took me over 30 years but I reached my FI number recently. Whether I can stay there is a different story :D
by firedup
Mon Dec 21, 2020 6:48 pm
Forum: Personal Investments
Topic: Vanguard Primecap
Replies: 5
Views: 579

Re: Vanguard Primecap

It did. Payable tomorrow.
by firedup
Thu Dec 17, 2020 10:04 am
Forum: Personal Consumer Issues
Topic: Apple Macbook Air 2020 discounted
Replies: 35
Views: 3104

Re: Apple Macbook Air 2020 discounted

Buy the new one.

My wife has a 10 year old MacBook Air. They are built to last so the extra $200 will be worth it.
by firedup
Tue Dec 15, 2020 7:03 pm
Forum: Personal Investments
Topic: Poor service at Vanguard making me re-think my decision
Replies: 153
Views: 15465

Re: Poor service at Vanguard making me re-think my decision

I have generally had good experiences with Vanguard over the years. I have some money at Fidelity as well, no complaints there either. Maybe I'm foolish and not demanding enough, but Vanguard was Jack Bogle's company and I feel a loyalty to them. He and the Vanguard way have done so much for me and ...
by firedup
Sun Dec 13, 2020 6:12 pm
Forum: Personal Consumer Issues
Topic: Best < $100 purchase?
Replies: 136
Views: 16588

Re: Best < $100 purchase?

I bought a kitchen knife from Woolworths 30 years ago for $5.00.

I have never had it sharpened yet still use it almost every day.

I have really gotten my money's worth from that knife :D
by firedup
Sun Dec 13, 2020 6:07 pm
Forum: Investing - Theory, News & General
Topic: "STAY THE COURSE" by John C. Bogle -- A Gem
Replies: 42
Views: 7279

Re: "Stay The Course" -- A Gem

Thank you, Jack! And thank you Taylor for sharing this wisdom! :happy
by firedup
Sun Dec 13, 2020 9:29 am
Forum: Personal Investments
Topic: Windfall/Retire? Portfolio Review at “Critical Life Decision” Time
Replies: 7
Views: 1238

Re: Windfall/Retire? Portfolio Review at “Critical Life Decision” Time

Welcome to the forum! With the assets you have (and are about to receive) you have the time and resources to think things through and do what's right for you and your family. This is a great gift. You are in great shape and have many options. Take your time and don't "panic" (as you say). ...
by firedup
Sat Nov 21, 2020 6:16 pm
Forum: US Chapters
Topic: Are you a Boglehead?
Replies: 114
Views: 6130

Re: Are you a Boglehead?

Not sure, since I don't know the exact definition. I'm a fan of Jack Bogle and low cost index funds so I guess that counts for something. I also have been a huge saver most of my life and live below my means. I do own a bunch of individual stocks, however. So that may disqualify me. I love this foru...
by firedup
Fri Nov 20, 2020 8:54 pm
Forum: Personal Consumer Issues
Topic: WIFI mesh - Orbi or Google
Replies: 47
Views: 3311

Re: WIFI mesh - Orbi or Google

I've used Google Wifi for a few years and had no problems. I would recommend it. I will say that when setting it up, I benefited from watching some YouTube videos created by people a lot smarter than me who helped make my set up work flawlessly. I'm sorry I don't remember the exact details, but I ha...
by firedup
Fri Nov 20, 2020 8:47 pm
Forum: Personal Consumer Issues
Topic: Non-Alcoholic Beer/Wine/Mock Cocktails
Replies: 37
Views: 2534

Re: Non-Alcoholic Beer/Wine/Mock Cocktails

Clausthaler and Heineken 0 are my two favorite non-alcoholic beers.

I've also enjoyed Gerstel from Trader Joe's but haven't seen it in my area recently. :sharebeer
by firedup
Fri Nov 20, 2020 4:04 pm
Forum: Personal Investments
Topic: What is your percentage of debt to NW?
Replies: 139
Views: 7869

Re: What is your percentage of debt to NW?

O%.

It seems to me that debt to income and monthly expenses would be a more important comparison.

If you lose income (say for a job loss) and you can't meet your expenses, debt can be a huge burden.
by firedup
Fri Nov 20, 2020 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this $725,000 house?
Replies: 162
Views: 12026

Re: Can we afford this $725,000 house?

Looks good to me, financially speaking. Especially once that child care savings kicks in--25K savings versus $7200 extra annual payment Beyond the finances though, it seems that this home will bring you a better quality of life, better education for your kids and happiness for your family. Seems wor...
by firedup
Thu Nov 19, 2020 4:20 pm
Forum: Forum Issues and Administration
Topic: Thank you, moderators!
Replies: 54
Views: 4916

Re: Thank you, moderators!

This is social media that actually adds value.

Thanks you, moderators :happy
by firedup
Wed Nov 18, 2020 7:55 pm
Forum: Personal Investments
Topic: Retirement help with Dad - VGHAX
Replies: 11
Views: 1020

Re: Retirement help with Dad - VGHAX

How does your Dad feel about his allocation? Does it concern him? Is he open to change? It's true that all that money in the health care sector with VGHAX isn't diversified, but I imagine between the annual cap gains and dividends it's kicking out over $40K a year which is a nice supplement to his S...
by firedup
Tue Nov 17, 2020 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need to set aside cash for an emergency fund?
Replies: 13
Views: 966

Re: Do we need to set aside cash for an emergency fund?

To me, your bonds are your emergency fund. And you are well covered there...
by firedup
Mon Nov 16, 2020 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off/down house ? Frozen in indecision.
Replies: 23
Views: 1100

Re: Pay off/down house ? Frozen in indecision.

Who knows what the future holds? If you pay off the mortgage, you know for certain you lower your monthly expenses going forward. You have until 2022 to worry about the Roth. No question I'd pay it off as long as you wouldn't completely deplete your emergency fund since doing that might keep you up ...
by firedup
Sun Nov 15, 2020 8:16 am
Forum: Personal Investments
Topic: 100% S&P?
Replies: 65
Views: 6093

Re: 100% S&P?

I would look at that 15% cash less as a "drag" on your portfolio but more of an investment in peace of mind. If the S&P drops significantly, I would feel much more comfortable riding it out if I knew I had 5 years of cash. Watching the drop with no cash would probably keep me up at nig...
by firedup
Sat Nov 14, 2020 7:18 pm
Forum: Investing - Theory, News & General
Topic: Taylor Sends His Best to Fellow Bogleheads
Replies: 334
Views: 26747

Re: Taylor Sends His Best to Fellow Bogleheads

Get well soon and stay the course! :happy
by firedup
Wed Oct 28, 2020 3:52 pm
Forum: Personal Investments
Topic: Vanguard’s new Target 529s
Replies: 5
Views: 431

Re: Vanguard’s new Target 529s

I believe you can adjust it to any time horizon/allocation you choose. That's what we plan on doing.
by firedup
Tue Oct 27, 2020 9:11 pm
Forum: Personal Consumer Issues
Topic: Help...we're getting a dog!
Replies: 157
Views: 8860

Re: Help...we're getting a dog!

We were in your position a few years ago. My wife and daughter really wanted to get a dog. I like dogs as well but having had one when I was young, I know how much work they can be. Here's a few suggestions based on my experience, FWIW: 1) Reading books/watching videos is great, but I'd also suggest...
by firedup
Mon Oct 26, 2020 9:42 am
Forum: Personal Consumer Issues
Topic: Items that are worth the money for the quality
Replies: 490
Views: 41826

Re: Items that are worth the money for the quality

As a runner, I spend a bit more on running shoes and it is well worth it to me. Fifteen years ago, my orthopedic doc recommended the Asics Gel Kayano. Since then, I've had no running injuries and I used to have frequent knee issues. I'm sure those shoes have saved me lots of money in doctors visits...
by firedup
Sun Oct 25, 2020 9:14 pm
Forum: Personal Consumer Issues
Topic: Items that are worth the money for the quality
Replies: 490
Views: 41826

Re: Items that are worth the money for the quality

As a runner, I spend a bit more on running shoes and it is well worth it to me. Fifteen years ago, my orthopedic doc recommended the Asics Gel Kayano. Since then, I've had no running injuries and I used to have frequent knee issues. I'm sure those shoes have saved me lots of money in doctors visits ...
by firedup
Sun Oct 25, 2020 9:01 pm
Forum: Personal Investments
Topic: Going “all in” on paying mortgage
Replies: 178
Views: 14737

Re: Going “all in” on paying mortgage

I have always prioritized taxable investing and access to liquidity over paying off my mortgage, especially given my low interest rate (3%). As I'm approaching retirement and my portfolio has grown, I guess you could say I'm going "all in" to pay off the mortgage. The main reasons are to ...
by firedup
Wed Oct 21, 2020 4:44 pm
Forum: Personal Investments
Topic: Going “all in” on paying mortgage
Replies: 178
Views: 14737

Re: Going “all in” on paying mortgage

I have always prioritized taxable investing and access to liquidity over paying off my mortgage, especially given my low interest rate (3%). As I'm approaching retirement and my portfolio has grown, I guess you could say I'm going "all in" to pay off the mortgage. The main reasons are to l...
by firedup
Wed Sep 23, 2020 5:15 pm
Forum: Personal Consumer Issues
Topic: iMac - wait or buy now, if so which one?
Replies: 60
Views: 4240

Re: new iMac

How is the sound? Quite good. I got rid of my Bose Companion computer speakers. Only use the iMac's speakers. For the tasks you're describing, 8G is more than enough. But you're going beyond that, I think the extra memory is a good investment . Investment? I think you mean expenditure. I understand...
by firedup
Wed Sep 23, 2020 4:33 pm
Forum: Personal Consumer Issues
Topic: iMac - wait or buy now, if so which one?
Replies: 60
Views: 4240

Re: iMac - wait or buy now, if so which one?

Agree with above about memory. I bought a middle of the road 21.5" iMac recently. For $1300 you would think that it wouldn't lag up. I don't consider myself a power-user, but boy can it drag. I will plan to upgrade to 16 GB from the current 8 GB and see how that goes. Does anyone else find M$ ...
by firedup
Tue Sep 22, 2020 12:42 pm
Forum: Personal Consumer Issues
Topic: iMac - wait or buy now, if so which one?
Replies: 60
Views: 4240

Re: iMac - wait or buy now, if so which one?

We just bought a new iMac as they were updated pretty recently, I believe. FWIW, while I think the large screen is amazing, it's REALLY big. Depending on where you put it, it may be too big. If, however, you also want to use it for streaming TV, the 27" would be a nice option. Given the size o...
by firedup
Mon Sep 21, 2020 5:16 pm
Forum: Personal Consumer Issues
Topic: iMac - wait or buy now, if so which one?
Replies: 60
Views: 4240

Re: iMac - wait or buy now, if so which one?

We just bought a new iMac as they were updated pretty recently, I believe. FWIW, while I think the large screen is amazing, it's REALLY big. Depending on where you put it, it may be too big. If, however, you also want to use it for streaming TV, the 27" would be a nice option. Given the size of...
by firedup
Fri Sep 11, 2020 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 167
Views: 15131

Re: Paying off sub 4% mortgage interest rate early

My wife and I have a 3.0% rate on a 10-year ARM that resets in 2023. Despite the favorable rate and ratio of principal to interest, we are paying off our mortgage this year to reduce our annual expenses by about 30K going forward. We could certainly keep the mortgage, but we feel better getting rid ...
by firedup
Mon Aug 24, 2020 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Do you talk to your friends/family/coworkers about this stuff?
Replies: 210
Views: 17138

Re: Do you talk to your friends/family/coworkers about this stuff?

Rarely. I have a few friends who are passionate about personal finance, so we discuss things, but that's it. My experience is that people are more than willing to share personal information about their relationships/personal struggles but are not comfortable at all talking about their approach to ma...
by firedup
Sat Mar 21, 2020 10:43 am
Forum: Investing - Theory, News & General
Topic: I won the game but kept playing
Replies: 133
Views: 12336

Re: I won the game but kept playing

The game isn't over yet. With 2M you're still in it and you will prevail long-term.

No hindsight in 2020! (my personal motto fwiw)

I know it's hard but try to stay positive and stay the course!
by firedup
Fri Feb 14, 2020 7:42 pm
Forum: Investing - Theory, News & General
Topic: [Market is acting like late August, 2000, or late October, 2007]
Replies: 82
Views: 7359

Re: [Market is acting like late August, 2000, or late October, 2007]

I have no ability to predict the future (darn) so I just keep on keepin' on...
by firedup
Wed Feb 12, 2020 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Tactic to Induce Myself to Keep Working
Replies: 31
Views: 3936

Re: Tactic to Induce Myself to Keep Working

Obviously a personal decision but your most valuable asset is time and unfortunately, none of us know how much we have left. If you and your partner want to travel together and he is significantly older than you, you may want to get on with it. Would you regret having missed that opportunity with hi...
by firedup
Wed Dec 11, 2019 6:08 pm
Forum: Personal Consumer Issues
Topic: Which iPhone would you buy today?
Replies: 102
Views: 7874

Re: Which iPhone would you buy today?

I own the XS right now which I love. I would not trade it for any of the new models. My wife has an SE which she likes for the smaller form factor. Were she to upgrade her phone, I'd suggest the 8. She doesn't care so much about the camera or screen resolution, nor would she want to spend 1,000 buck...