Search found 504 matches

by New Providence
Sat Apr 17, 2021 1:30 pm
Forum: Personal Consumer Issues
Topic: Selling old car - CarMax etc.
Replies: 65
Views: 5030

Re: Selling old car - CarMax etc.

OP, if you were going to buy it, how much would you realistically pay for it?
by New Providence
Sat Apr 17, 2021 1:25 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4570
Views: 230214

Re: [GameStop GME trading mega-thread]

GME is so yesterday, today is DOGE :idea: Holy mother of... I'm glad I checked this thread again. I had forgotten all about my Doge play and checked it today and it has mooned. Thanks for the heads up...I might take some off the table now. Then again, it is preferred by Shiba Inus worldwide so this...
by New Providence
Sat Apr 17, 2021 11:13 am
Forum: Personal Consumer Issues
Topic: Formula One
Replies: 126
Views: 18081

Re: Formula One

But the way, you probably already know this, Netflix has a F1 series.

It is very well-produced, like HBO's NFL Hard Knocks.
by New Providence
Sat Apr 17, 2021 8:35 am
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 125
Views: 12192

Re: How close to retirement age would you start to coast instead of grinding it out?

I'm the hardest working person I know. Have been working part time since 16 and full time from 18 yrs of age. Bachelors, 2 master degrees, etc, all while working. I will keep going at full speed until it is time to retire. That's just me. I see many people who should have retired yrs ago but keep sh...
by New Providence
Fri Apr 16, 2021 8:31 pm
Forum: Personal Consumer Issues
Topic: Formula One
Replies: 126
Views: 18081

Re: Formula One

Bumping it to pick views on the 2021 season.

It looks great and hope that I can travel to at least one race. Anybody else?
by New Providence
Fri Apr 16, 2021 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: What to do next for our savings after maxing out everything?
Replies: 44
Views: 3605

Re: What to do next for our savings after maxing out everything?

What to do next for our savings after maxing out everything? With a user name of "Workaholic" you might want to consider if you are currently saving enough and if it might be time to consider if you should spend some of the extra money on the "now" side of the Now vs Later balan...
by New Providence
Fri Apr 16, 2021 8:40 am
Forum: Personal Finance (Not Investing)
Topic: First child entering college in the fall... need some advice
Replies: 184
Views: 11532

Re: First child entering college in the fall... need some advice

OK people, this is getting REALLY sideways in the replies. I had hoped to keep the college name/reputation vague because it's not really relevant to the questions I'm asking about advice on arranging my finances to maximize the potential of financial aid in future years - if any is potentially fort...
by New Providence
Thu Apr 15, 2021 7:39 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6583
Views: 1452769

Re: What Movie Have You Recently Watched?

On HBO MAX: Marie Antoinette is a 2006 historical drama film written and directed by Sofia Coppola and starring Kirsten Dunst. It is based on the life of Queen Marie Antoinette in the years leading up to the French Revolution. It won the Academy Award for Best Costume Design. It was released in the ...
by New Providence
Thu Apr 15, 2021 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: First child entering college in the fall... need some advice
Replies: 184
Views: 11532

Re: First child entering college in the fall... need some advice

Ivy's in ranking order: 1. Harvard University (Massachusetts) 2. Yale University (Connecticut) 3. Princeton University (New Jersey) 4. Columbia University (New York) 5. Brown University (Rhode Island) 6. Dartmouth College (New Hampshire) 7. University of Pennsylvania (Pennsylvania) 8. Cornell Univer...
by New Providence
Thu Apr 15, 2021 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: First child entering college in the fall... need some advice
Replies: 184
Views: 11532

Re: First child entering college in the fall... need some advice

With income of $250 and only one child in college (at a time), you are unlikely to get any need-based financial aid from any but the most generous schools (eg, Princeton). Good on ‘ya for investing in her. My experience is that the ROI on education is worth it. Many BHs disagree, and that’s what ma...
by New Providence
Wed Apr 14, 2021 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Superfunding 529 plan: What should I know?
Replies: 6
Views: 735

Re: Superfunding 529 plan: What should I know?

"in 2007, Barack and Michelle Obama made a stunning $240,000 contribution to the 529 plans of their two daughters. There's a special provision in 529 tax rules that allow for a "jumbo" contribution in exchange for not gifting any more money to your kids for the next five years. The Ob...
by New Providence
Wed Apr 14, 2021 5:35 pm
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 191
Views: 12888

Re: Coinbase IPO - anyone tempted?

rhoms33 wrote: Wed Apr 14, 2021 12:48 pm Vanguard came through and I got some at $381.

The valuation isn't extreme if you annualize 1Q results.

I expect they'll do big things.

Same here. Got 100 shares.
It just an opportunity to keep an eye on this space. No big deal.
by New Providence
Wed Apr 14, 2021 7:32 am
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 191
Views: 12888

Re: Coinbase IPO - anyone tempted?

I have to admit I’m tempted to nibble.... they are the leader in their industry and it doesn’t seem like crypto is going anywhere. No, because as soon as Schwab or Fidelity offers this service I’ll kick them and their fees to the curb. But Robin Hood (despite its glitches) and being a direct compet...
by New Providence
Tue Apr 13, 2021 3:59 pm
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 191
Views: 12888

Re: Coinbase IPO - anyone tempted?

What price do you think it is going to open? $1k? $2K per share at least?

This could be one of the biggest opens ever. I don't know what the entry level will be.

Good luck to all of those investing in it.
by New Providence
Mon Apr 12, 2021 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Group wants me to be CFO -- advice?
Replies: 35
Views: 3549

Re: Medical Group wants me to be CFO -- advice?

"The CFO of tomorrow should be a big-picture thinker, rather than detail-oriented, outspoken rather than reserved, prefer to delegate rather than be hands-on, emphasize what gets done rather than how things are done, and make collaborative rather than unilateral decisions.[8] The CFO must serve...
by New Providence
Mon Apr 12, 2021 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Financing to Purchase Law Firm
Replies: 45
Views: 3704

Re: Financing to Purchase Law Firm

You need talk to a reputable investment bank. They can certainly lend you $5 million, but most likely would want security and seniority...and it will be costly. This is isn't an opportunity for a commercial lender, it requires a more sophisticated lender. Get a referral from a lawyer working in the ...
by New Providence
Mon Apr 12, 2021 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: The primary factor for picking a College/University is out of pocket cost
Replies: 238
Views: 11994

Re: The primary factor for picking a College/University is out of pocket cost

Best for you, not necessarily for your kids. This kind of pure cost/benefit analysis of college makes me queasy. The difference for the right kid between going to two years community college and then a local school, vs. an Ivy, is incalculable, and it will follow them the rest of their lives. It’s ...
by New Providence
Mon Apr 12, 2021 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Anxiety about the future
Replies: 57
Views: 6478

Re: Anxiety about the future

Perhaps you got into medicine for the wrong reasons. You are young enough to easily switch careers. Before med school, what other of interests did you have? Were you in being a writer, a scientist, the law? You can become a science high school teacher. A science writer. What about going to law schoo...
by New Providence
Fri Apr 09, 2021 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Remodel during housing hysteria?
Replies: 54
Views: 3582

Re: Remodel during housing hysteria?

These are tough decisions so I feel for you. I'm sure others will repeat this message but please be aware that a quoted price, especially for a remodel, is almost never the final price and final price is almost always higher. Most often those overages are not driven by homeowner changes but by the ...
by New Providence
Fri Apr 09, 2021 9:51 am
Forum: Personal Consumer Issues
Topic: Fantastic Resort Recommendations???
Replies: 39
Views: 5110

Re: Fantastic Resort Recommendations???

Twin Farms in Vermont is probably the best resort in this country. https://www.twinfarms.com Came here to post this. It’s a top 10 in the world resort. Go here. I'm bumping this thread because many of us are thinking about vacations later this year....under proper precautions. Twin Farms looks grea...
by New Providence
Thu Apr 08, 2021 9:36 am
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 282
Views: 21093

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

In old movies or old pictures you rarely see new cars. Now, I look around. Never see a car older than 10 yrs. Never see, for example an old Benzo or old Bmer around. I go to the mall and don't see one single clunker. It is strange. A quick Google tells me that the average age of cars in the US is 1...
by New Providence
Wed Apr 07, 2021 8:02 pm
Forum: Personal Consumer Issues
Topic: Family car
Replies: 86
Views: 6695

Re: Family car

Acura MDX
by New Providence
Wed Apr 07, 2021 7:48 pm
Forum: Personal Consumer Issues
Topic: Repair or Replace 2003 Toyota Corolla
Replies: 69
Views: 5876

Re: Repair or Replace 2003 Toyota Corolla

Dear Bogleheads, I would like to seek your help in making a decision, especially from those who know cars well. I have a 2003 Toyota Corolla with 136,000 miles. This is my only car. I was planning to buy a new car at the end of the year and give Corolla to my daughter early next year when she turns...
by New Providence
Wed Apr 07, 2021 7:38 pm
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 282
Views: 21093

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

In old movies or old pictures you rarely see new cars.

Now, I look around. Never see a car older than 10 yrs. Never see, for example an old Benzo or old Bmer around. I go to the mall and don't see one single clunker.

It is strange.
by New Providence
Wed Apr 07, 2021 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Staying at a company after giving notice? (counter-offer)
Replies: 58
Views: 5847

Re: Staying at a company after giving notice? (counter-offer)

Accepting a job offer elsewhere has to be very well-thought out. You, presumably, analyzed all the pros and cons of the situation. There was no real need for you take another job. Yet, for a number of reasons you only know, you accepted another jobs offer. Nothing wrong with that. Now, Follow thru. ...
by New Providence
Mon Apr 05, 2021 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Should I opt for deferred compensation ? seeking advise
Replies: 31
Views: 3091

Re: Should I opt for deferred compensation ? seeking advise

Still not sure when I'll retire but this is the second year with deferred comp. Fist year I did 30% base, 0% bonus...all in Vanguard Index. My aim is to retire early bridge retirement to Social Security and not touch 401k for many years. Wish I had started earlier, even 5 or 10% would had added up s...
by New Providence
Mon Apr 05, 2021 8:09 am
Forum: Investing - Theory, News & General
Topic: The Atlantic: The Autopilot Economy -- Economists ... are Worried That Index Funds are Hurting Markets
Replies: 28
Views: 3444

Re: The Atlantic: The Autopilot Economy -- Economists ... are Worried That Index Funds are Hurting Markets

I'm an Index investor. 401k is only on low fees index funds. One complain I have is that Index Funds do not advance or advocate for the interest of the inverstor. Funds need to become more vocal about exercising their fiduciary responsibilities. Badly run companies, indolent boards, excessive CEO co...
by New Providence
Sun Apr 04, 2021 10:52 am
Forum: Investing - Theory, News & General
Topic: Incredible stock market gains the past year - probably due for a major pullback
Replies: 89
Views: 10826

Re: Incredible stock market gains the past year - probably due for a major pullback

danaht wrote: Sun Apr 04, 2021 9:12 am we are probably due for a long needed correction. I am not making any changes to allocation -
To make it actionable, can you narrow down the dates of your forecasted long needed correction?
by New Providence
Sat Apr 03, 2021 7:59 am
Forum: Personal Consumer Issues
Topic: Would you give money to close friends to live in same neighborhood?
Replies: 45
Views: 2992

Re: Would you give money to close friends to live in same neighborhood?

Yes, it is your money and you can do whatever you want with it. Many a posters in here always suggest to donate to charity. So, are you supposed to donate money to strangers but not to people you like??? Make use of you money in the best way possible for you. There is no greater reward than helping ...
by New Providence
Thu Apr 01, 2021 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Do you trust the current value of your portfolio?
Replies: 130
Views: 9301

Re: Do you trust the current value of your portfolio?

The reality is no one knows where the markets (or any other variable) are going in the future. Safe withdrawal rates and other simulators account for variance. No need to overcomplicate any of it. You either are a worrier or are not. I prefer to not worry; so I don't. Yes, I agree with this comment...
by New Providence
Thu Apr 01, 2021 10:29 am
Forum: Personal Consumer Issues
Topic: Storage Unit Rent Increase
Replies: 32
Views: 2848

Re: Storage Unit Rent Increase

Use your money to buy intangibles that require no storage.

Buy health, time, memories, experiences; not stuff.
by New Providence
Thu Apr 01, 2021 10:19 am
Forum: Personal Consumer Issues
Topic: Resole hiking boots?
Replies: 40
Views: 2044

Re: Resole hiking boots?

Cobblers disappeared once people chose to buy cheap, low-quality stuff manufactured in China.
by New Providence
Wed Mar 31, 2021 1:25 pm
Forum: Personal Investments
Topic: Lost desire to increase my portfolio, temporary?
Replies: 142
Views: 13103

Re: Lost desire to increase my portfolio, temporary?

I can understand this feeling. I don't know that I have lost the desire to increase my portfolio, but rather as it grows I question more and more my motivations to continue to work at a stressful job. I don't find much fulfillment in paying work, which really seems to be a minority around here. Bas...
by New Providence
Wed Mar 31, 2021 11:04 am
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 25294

Re: High spenders what do you spend on?

Do I want to fly in coach? Of course not. But its' not going to kill me. Obviously, it's more of an issue if you are big/tall. My petite spouse who can sleep sitting up can't figure out why people pay for business class at all. But I can see how it would be a torture session for an NBA player to fi...
by New Providence
Wed Mar 31, 2021 11:02 am
Forum: Personal Consumer Issues
Topic: Experiences with professional coaching, e.g. BetterUp or others?
Replies: 26
Views: 2653

Re: Experiences with professional coaching, e.g. BetterUp or others?

The New Yorker had a very good article arguing that we are UNDERcoached. The very best, most talented athletes in the world receive more and better coaching as they progress in their careers. One would had taught that experts required less coaching. Article also used example about outcomes for very ...
by New Providence
Wed Mar 31, 2021 9:11 am
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 1579
Views: 94720

Re: What are you listening to now

Flotsam and Jetsam (Peter Gabriel album)

Flotsam and Jetsam is a compilation album of B-sides, remixes and rarities by Peter Gabriel.

It was released on 13 September 2019.
by New Providence
Wed Mar 31, 2021 8:59 am
Forum: Investing - Theory, News & General
Topic: What’s the correct diversification for high inflation?
Replies: 214
Views: 17941

Re: What’s the correct diversification for hyperinflation?

Recently saw Denzel Washington's The Book of Eli. It is America in a post hyperinflation, post-apocalyptic world.
Check it out, some good pointers. Water becomes a highly-valued commodity, etc.
by New Providence
Tue Mar 30, 2021 5:36 pm
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 25294

Re: High spenders what do you spend on?

It's honestly not so bad to switch back and forth between business and coach... Having gotten used to lie flat seats, a cramped coach seat is something I don't want to deal with. For domestic flights traveling as a couple, in addition to the leg room issue, not having someone else sitting next to u...
by New Providence
Tue Mar 30, 2021 9:29 am
Forum: Investing - Theory, News & General
Topic: In what condition, will international significantly overperform US?
Replies: 171
Views: 12614

Re: In what condition, will international significantly overperform US?

outside of US currency losing its world reserve status, what other conditions will cause US to significantly underperform the world? Pointless to speculate, because there could be many reasons, but ultimately it would be the US currency losing its wolrd reserve status. For example, a civil war coul...
by New Providence
Tue Mar 30, 2021 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Can I stop working?
Replies: 120
Views: 12279

Re: Can I stop working?

OP, I retired two weeks before turning 54 almost six years ago. At the time, my net worth was $4.8 million and my income as a law partner was approaching $1 million a year. Had I continued working until 65 I probably could have earned close to $10 million or more during that 11 year period simply b...
by New Providence
Tue Mar 30, 2021 8:29 am
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 25294

Re: High spenders what do you spend on?

It has been mentioned a million times before but time is the most valuable commodity that you possess. Do what you can to reclaim as much of that as possible. I don't know a single person that was in poor health or terminal that wished they had more houses, boats, or cars. They want time. I bet tho...
by New Providence
Mon Mar 29, 2021 2:51 pm
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 25294

Re: High spenders what do you spend on?

*We fly Biz class
*Stay in 5 start resorts
*Expensive restaurants
*State of the art household IT.
*Expensive, high quality, clothing
*Concerts, art functions, exclusive events.
Etc.

All worth every penny. Life is short and I ain't planning take the dough with me to the grave.
by New Providence
Sat Mar 27, 2021 5:47 pm
Forum: Personal Investments
Topic: Should I save for college in 529 plan or taxable account?
Replies: 20
Views: 1370

Re: Should I save for college in 529 plan or taxable account?

There are countless threads asking same question. It occurs to me that 529 are really for rich people. Middle-class folks are very apprehensive about keeping "unused" money in it. I bet rich people use it as another intergenerational tax deferred account for heirs to inherit. While the non...
by New Providence
Sat Mar 27, 2021 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Can I stop working?
Replies: 120
Views: 12279

Re: Can I stop working?

This sort of questions is not about enough, it is about giving up the money that has not been made. You can always keep working and getting more money. If you like your work, nothing is wrong with that. If you don't like your work, money is still a lovely thing to have more. I don't understand this...
by New Providence
Sat Mar 27, 2021 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Can I stop working?
Replies: 120
Views: 12279

Re: Can I stop working?

$6.6 million. You have $6.6 million. Both of you can retire and spend a quarter of a million dollars a year for the rest of your lives without fully depleting your assets. [edit] ...but go ahead and stay until the RSUs vest :happy Her salary is enough to cover all their expenses. It means that they...
by New Providence
Sat Mar 27, 2021 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Black Swan insurance
Replies: 45
Views: 3535

Re: Black Swan insurance

For things like skiing, etc. if your active child does it sparingly, travel insurance for a set period of time might be something to look at. The caveat with AD&D insurance is there are a lot of exclusions that can be buried in the policy. They may not cover some activities without certain ride...
by New Providence
Sat Mar 27, 2021 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Can I stop working?
Replies: 120
Views: 12279

Re: Can I stop working?

$6.6 million. You have $6.6 million.
by New Providence
Sat Mar 27, 2021 8:56 am
Forum: Personal Investments
Topic: Investing in Coinbase IPO?
Replies: 8
Views: 936

Re: Investing in Coinbase IPO?

Pricing an IPO is an art and not a science. In this case the price manipulation is reduced if bankers aren't participating. Bankers priced ABNB IPO at $50 or so a share. They priced too low for them to buy it low and sell it high. Day before issuance they raised to price to $60 or so a share. The mo...
by New Providence
Fri Mar 26, 2021 8:12 pm
Forum: Personal Consumer Issues
Topic: High ranked Univ with liberal arts major or lower ranked school with STEM major
Replies: 121
Views: 8244

Re: High ranked Univ with liberal arts major or lower ranked school with STEM major

I'd imagine that one isn't cut out for a challenging STEM program if you can get into the program on your own.