Search found 8981 matches

by stoptothink
Sat Apr 10, 2021 4:00 pm
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 223
Views: 15170

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

Once high earners indulge in luxury lifestyle, it’s difficult to pull back and they’re more susceptible when their income goes away. We know this and we still maintain our lifestyle the same as when we start our professional careers. My brother, who is used to a $300k+ income (oil & gas) was la...
by stoptothink
Fri Apr 09, 2021 3:06 pm
Forum: Personal Consumer Issues
Topic: The Great Swing Set Dilemma
Replies: 26
Views: 2040

Re: The Great Swing Set Dilemma

Not sure that I'll help you out in your decision. But... I'm trying to look at this long term and not just in the immediate term of what my son can or can't do. My advice in the "long term" - this likely won't be used. Or at least it wasn't in our case. Child is currently 12, and we proba...
by stoptothink
Fri Apr 09, 2021 11:25 am
Forum: Personal Consumer Issues
Topic: Are you competitive? If so, how do you compete as you get older?
Replies: 46
Views: 2909

Re: Are you competitive? If so, how do you compete as you get older?

I like to hike and I have encountered many people of advanced age on the trail that put young people to shame. Some are doing long through hikes of trails like the Pacific Crest Trail and others are out there volunteering with trail work teams and working their butt off. If you like to run, hike, c...
by stoptothink
Fri Apr 09, 2021 9:36 am
Forum: Personal Consumer Issues
Topic: Are you competitive? If so, how do you compete as you get older?
Replies: 46
Views: 2909

Re: Are you competitive? If so, how do you compete as you get older?

Similar here, lifelong competitive athlete: football/baseball/wrestling/track growing up, football in college, then powerlifting and superbike (motorcycle) racing, then triathlons/running/cycling races as an adult. Injuries (torn biceps, ruptured achilles, two knee surgeries, and now a host of curre...
by stoptothink
Thu Apr 08, 2021 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 160
Views: 18247

Re: For those retired or FI, how much do you spend annually?

My wife and I are 59, retiring in the next 6-12 months, living in a HCOL area. For planning purposes, we made the conservative assumption that we will need what we currently make, minus what we are actively saving for retirement, minus the mortgage we recently paid off, minus support for our daught...
by stoptothink
Thu Apr 08, 2021 6:38 pm
Forum: Investing - Theory, News & General
Topic: Why 1971 has become the starting point for increasing income inequality?
Replies: 24
Views: 1569

Re: Why 1971 has become the starting point for increasing income inequality?

Supply and demand for labor. FWIW, increased "inequality" can be beneficial if the overall standard is rising. "Equality" is easy when everybody has nothing. In before the lock. How is that beneficial for everyone, from the fairness perspective? After all, the "overall stan...
by stoptothink
Thu Apr 08, 2021 11:25 am
Forum: Investing - Theory, News & General
Topic: How much do you spend annually in retirement?
Replies: 112
Views: 10230

Re: How much do you spend annually in retirement?

We're retired, late 60s / early 70s, in a small town in the South, with a paid-off house. Last year we spent a total of about $53K, of which: $8K income tax (fed + state) $12K donations (charitable + political) $7K Medicare premiums $9K housing-related (utilities, property tax, insurance, maintenan...
by stoptothink
Thu Apr 08, 2021 8:19 am
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 223
Views: 15170

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. Strange is right. I'm wondering where you live that you never see a...
by stoptothink
Thu Apr 08, 2021 8:06 am
Forum: Personal Finance (Not Investing)
Topic: HOA rules - limit number of rentals?
Replies: 39
Views: 3108

Re: HOA rules - limit number of rentals?

We live in a townhouse community. When we first moved here 5yrs ago there were almost no renters. There is not a single renter in our 8-home unit (4 homes per row, two sides of the street), but we know of a few in other units. But, with how often people are buying and selling, they might as well be ...
by stoptothink
Thu Apr 08, 2021 7:35 am
Forum: Investing - Theory, News & General
Topic: How much do you spend annually in retirement?
Replies: 112
Views: 10230

Re: How much do you spend annually in retirement?

We're retired, late 60s / early 70s, in a small town in the South, with a paid-off house. Last year we spent a total of about $53K, of which: $8K income tax (fed + state) $12K donations (charitable + political) $7K Medicare premiums $9K housing-related (utilities, property tax, insurance, maintenan...
by stoptothink
Wed Apr 07, 2021 8:12 pm
Forum: Personal Investments
Topic: 34yr old - First time poster - Portfolio & Life Help
Replies: 20
Views: 3079

Re: 34yr old - First time poster - Portfolio & Life Help

I've never known anyone who already had a non-academic job whose job prospects were improved by getting a PhD. Obviously can vary by the field but you should have a much clearer idea of what you'd get out of this. Pure enjoyment of research? Change fields? Switch to teaching? Agree with this. If yo...
by stoptothink
Wed Apr 07, 2021 4:35 pm
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 223
Views: 15170

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

Its all priorities. I drive 200k+ car. Dont wanna drive a junk in my prime 30s. No point driving ferrari when you are old and bald lol. Are you going to downgrade when you are older? Psychologically, that is very difficult. If you can "afford" it, who cares? Not much of an issue on Bogleh...
by stoptothink
Wed Apr 07, 2021 3:52 pm
Forum: Investing - Theory, News & General
Topic: How long to turn 1 million to 2 millions for you?
Replies: 86
Views: 29364

Re: How long to turn 1 million to 2 millions for you?

David Jay wrote: Wed Apr 07, 2021 3:45 pm Zombie thread - no posts for 5 years until this afternoon...
If I remember correctly, depending on the value of TSLA for the day, the OP has gone from $1M to $10M+ since 2016. We hit $1M around September and we're at $1.3M+ now (with moderate income for this board, ~$230k/yr).
by stoptothink
Wed Apr 07, 2021 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a paycut for a more stable state job (CA)?
Replies: 75
Views: 4556

Re: Taking a paycut for a more stable state job (CA)?

Personality-wise, hopefully other people can chime in (my experience is close relatives & friends working public jobs of various sorts - city, county, state.. I never did.) But I'd say those that are happiest: 1) Happy to show up, happy to go home. The work is almost irrelevant. Their work may ...
by stoptothink
Wed Apr 07, 2021 11:53 am
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 223
Views: 15170

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

I agree a car can be purchased for ~$4000 that gets the job done, I did this for ~10 years driving a dodge stratus, then Honda Accord. That and renting an extra bedroom were big levers in my 20s for wealth accumulation. One thing otherwise rational people forget is that you can get in a car wreck t...
by stoptothink
Wed Apr 07, 2021 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Should I be concerned about over funding 529?
Replies: 17
Views: 1659

Re: Should I be concerned about over funding 529?

We stopped at $28k/each, which is slightly more than the current cost of 4yrs of tuition + fees at local U, which is ~5 miles from our home. My kids are 9 and 5 so plenty of time for those accounts to grow (and for tuition to increase). Some of the 529s balances in this thread (and board in general)...
by stoptothink
Wed Apr 07, 2021 9:05 am
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 160
Views: 18247

Re: For those retired or FI, how much do you spend annually?

@SpaceCowboy It does matter where you live. I have a very nice house that runs about $6K a year in property tax. High end insurance runs about $5K (Car, umbrella and house but not including healthcare). Healthcare would be about $24K unless I qualified for ACA in which case it would be a lot less. ...
by stoptothink
Wed Apr 07, 2021 8:55 am
Forum: Personal Consumer Issues
Topic: The best $10,000 to $15,000 vehicle.
Replies: 42
Views: 3198

Re: The best $10,000 to $15,000 vehicle.

$15k would buy a brand new Honda FIT. Or a slightly used Civic LX. What's important to you besides reliability and fuel mileage? Heck...a Mazda Miata fits the mpg and reliability requirements. A newer NB with low mileage fits your budget easily. Last time we were looking for cars (January '17) the ...
by stoptothink
Tue Apr 06, 2021 3:16 pm
Forum: Personal Consumer Issues
Topic: Family car
Replies: 86
Views: 6473

Re: Family car

If you're wife requires a Escalade ESV I think I would be looking for a new wife. We're the prototypical outdoorsy family whose vacations almost exclusively include dozens of miles of hiking and a tent. We currently do it, with our two kids, out of a VW jetta and did it out of a 3-door hyundai acce...
by stoptothink
Tue Apr 06, 2021 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else see drastic increase in Zillow value today?
Replies: 127
Views: 12012

Re: Anyone else see drastic increase in Zillow value today?

Mine is up ~5% since I last checked, maybe a month ago. It's actually less than my next-door neighbor just sold for last week, and I'm pretty certain I could get a little more because I have an end unit (townhome) with much nicer finishes and her unit requires some immediate maintenance. Insane, my ...
by stoptothink
Mon Apr 05, 2021 4:16 pm
Forum: Personal Consumer Issues
Topic: Buying pantry items in bulk
Replies: 22
Views: 1893

Re: Buying pantry items in bulk

The kinds of foods I keep in my pantry are oatmeal, peanut butter, nuts, raisins, cans of soup, chili, tuna. I have not found it to be a good value to buy grocery items through Amazon. Walmart.com has had better deals, and I can choose to pickup most stuff same-day locally. Target.com has also had ...
by stoptothink
Mon Apr 05, 2021 2:24 pm
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 228
Views: 22099

Re: High spenders what do you spend on?

Firemenot wrote: Mon Apr 05, 2021 2:20 pm I don’t think a 5 million NW is near enough to start using Netjet.
STARTING at $165k+ for 25hrs, plus FET and fuel charges; yeah, I wouldn't be remotely considering it unless I'm in 8-figures.
by stoptothink
Mon Apr 05, 2021 8:39 am
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 228
Views: 22099

Re: High spenders what do you spend on?

Highest spending category is Taxes. Next spending category is not even close. So true... Last year, taxes exceeded all of my other spending, combined. Looking forward to early retirement, and 7-10 years of paying zero in taxes...... We're not even high income (for Bogleheads, ~$230k/yr HHI) and I t...
by stoptothink
Sun Apr 04, 2021 3:58 pm
Forum: Investing - Theory, News & General
Topic: Is Cash Trash now?
Replies: 51
Views: 4563

Re: Is Cash Trash now?

That is really impressive. 315lb/143kg is about right for me! I refuse to use wrist straps and that's about all I can grip without dropping the bar. Thanks, but my DL is actually pretty mid-tier for my weight bracket; I compete in the 102 kg weight class. Double bodyweight DL is nothing special for...
by stoptothink
Sun Apr 04, 2021 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice for high schooler with HFA & difficulty with math
Replies: 63
Views: 5560

Re: Career advice for high schooler with HFA & difficulty with math

I'm a high-functioning autistic and I was also terrible at math in high school. Don't underestimate the possibility that this comes down to poor teaching. Once I got to college and started learning from a professor who both understood the material and knew how to teach, it clicked and I was suddenl...
by stoptothink
Sun Apr 04, 2021 2:40 pm
Forum: Personal Consumer Issues
Topic: Family car
Replies: 86
Views: 6473

Re: Family car

If you're wife requires a Escalade ESV I think I would be looking for a new wife. We're the prototypical outdoorsy family whose vacations almost exclusively include dozens of miles of hiking and a tent. We currently do it, with our two kids, out of a VW jetta and did it out of a 3-door hyundai acce...
by stoptothink
Sun Apr 04, 2021 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Jobhunting after Covid-19 quit
Replies: 35
Views: 4418

Re: Jobhunting after Covid-19 quit

Honestly, I think preemptively addressing the work gap in a cover letter draws unnecessary attention to the gap. That’s just what I think. Others may differ. In a cover letter, AC should focus on why they are a great fit for the job. Good luck to AC. Completely agree with this. If this is an entry ...
by stoptothink
Sun Apr 04, 2021 9:40 am
Forum: Personal Consumer Issues
Topic: Curious about negative expat experiences -- why don't more people do it?
Replies: 111
Views: 10593

Re: Curious about negative expat experiences -- why don't more people do it?

The U.S. has its warts, but I think the fact that ~4x more people immigrate to it every year than any other nation is a pretty telling statistic. Whether you would enjoy an expat experience completely depends on the type of person you are, but there is clearly also a romanticism of "something ...
by stoptothink
Sun Apr 04, 2021 8:51 am
Forum: Personal Consumer Issues
Topic: Curious about negative expat experiences -- why don't more people do it?
Replies: 111
Views: 10593

Re: Curious about negative expat experiences -- why don't more people do it?

Because you are already living in the best country in the world. I didn't realize the OP was living in Switzerland. :happy Overall Best Countries Ranking --- https://www.usnews.com/news/best-countries/overall-rankings All these rankings are like hospital or school rankings. One who works there know...
by stoptothink
Sun Apr 04, 2021 8:38 am
Forum: Personal Consumer Issues
Topic: AWD vs 2WD in up state new york
Replies: 53
Views: 3239

Re: AWD vs 2WD in up state new york

Does anyone in here has experience driving front wheel drive vs forward wheel drive in heavy snow? I live in an area where we don't get much snow but when we do I have noticed that lots(most ?) of the vehicles in ditches are all wheel drive or four wheel drive vehicles that people were overdriving ...
by stoptothink
Sat Apr 03, 2021 1:24 pm
Forum: Personal Investments
Topic: WSJ article "How to Know if Your Retirement Savings Are on Track"
Replies: 33
Views: 4528

Re: WSJ article "How to Know if Your Retirement Savings Are on Track"

I saw this article today in the Wall Street journal and finally took the bait and clicked and read it. I was surprised to find that the the measure of retirement savings at a certain age was expressed compared to income instead of expenses. Despite that, I was well ahead of the benchmark following ...
by stoptothink
Sat Apr 03, 2021 12:22 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2743
Views: 273436

Re: [What TV Show Have You Recently Watched?]

Just finished S2 of "Patriot" on Amazon Prime. Started watching it with my wife, who thought it was ok but bailed after 3 episodes... "Written for guys" was her critique. By the time I got to S2, I realized she was right... and I enjoyed it very much. Quirky, often implausible a...
by stoptothink
Sat Apr 03, 2021 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice for high schooler with HFA & difficulty with math
Replies: 63
Views: 5560

Re: Career advice for high schooler with HFA & difficulty with math

Avoid social interactions may be too broad. For instance, she may be fine interacting with a person while focussed on a particle task, eg upgrading a computer. But, she may hate general small talk or interacting with groups. That is me, I have no issues interacting with a colleague on a work projec...
by stoptothink
Sat Apr 03, 2021 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Career advice for high schooler with HFA & difficulty with math
Replies: 63
Views: 5560

Re: Career advice for high schooler with HFA & difficulty with math

Be extremely careful about taking career advice on this board from any person who has never raised a child with autism from infant stage to becoming an adult, or someone who doesn't have autism. There was another thread that was similar to this, and I was dumbfounded in regard to the careers that w...
by stoptothink
Fri Apr 02, 2021 10:31 am
Forum: Personal Finance (Not Investing)
Topic: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too
Replies: 211
Views: 12180

Re: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too

The let-the-kid-decide crowd is not being realistic since no teenager has one iota of knowledge of what heavy debt does to life choices. The kid would be making the decision with zero information. Not a way to enter a contract. IMO, if your children reach high school graduation without at least a f...
by stoptothink
Fri Apr 02, 2021 9:15 am
Forum: Personal Consumer Issues
Topic: Resole hiking boots?
Replies: 40
Views: 2021

Re: Resole hiking boots?

I actually don't want waterproof hiking shoes / boots. That's because I cross creeks and streams that are deeper than my ankles and calves and water will just come in over the tops of the boots, fill them up, and never drain nor dry out. I'm not going to walk barefoot through creeks nor remove my s...
by stoptothink
Fri Apr 02, 2021 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Taking on more Debt for an Internship
Replies: 15
Views: 1071

Re: Taking on more Debt for an Internship

I didn’t think unpaid internships were even still a thing except in niches like fashion and film/TV production. They definitely are, my current employer (health products megacorp) and my last employer (public health) both have unpaid internships. Most of the time it was undergrads trying to get the...
by stoptothink
Thu Apr 01, 2021 6:09 pm
Forum: Personal Consumer Issues
Topic: Family car
Replies: 86
Views: 6473

Re: Family car

I'm going to go out there and suggest a used Chevy Suburban. You say you will only be using it for trips so you may as well get a vehicle that is comfortable and can carry everything without having to install a rooftop carrier and a basket hanging off the rear. I agree. I think for decades the Subu...
by stoptothink
Thu Apr 01, 2021 12:20 pm
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 228
Views: 22099

Re: High spenders what do you spend on?

No one is into art/fine collectables? RM That'd require me to understand art or fine collectables. Well.. I don't. My wife just inherited our only piece of something approaching fine art. It is a statue by a Russian/French sculptor nicknamed Erte which my late mother-in-law paid almost $8k for in 1...
by stoptothink
Thu Apr 01, 2021 10:57 am
Forum: Personal Consumer Issues
Topic: Storage Unit Rent Increase
Replies: 32
Views: 2788

Re: Storage Unit Rent Increase

around me they are building storage units like wildfire, unsure why. I get the usefulness on occasion, but not sure where the need is deriving from. I mean, its a lot of them. It is amazing. The self-storage industry rakes in nearly $40 billion per year. There is literally enough rentable storage s...
by stoptothink
Thu Apr 01, 2021 10:36 am
Forum: Personal Consumer Issues
Topic: Pre buy Disney World tickets as inflation hedge
Replies: 42
Views: 6956

Re: Pre buy Disney World tickets as inflation hedge

If there’s one thing I dislike is waiting in line. Instead of trying to hedge against inflation, I would recommend trying to find a day when the park is not crowded. I’d be more than willing to pay twice as much to not have to wait in line. I think everybody should go to Disneyland at least once. H...
by stoptothink
Thu Apr 01, 2021 7:29 am
Forum: Personal Consumer Issues
Topic: TV size question
Replies: 105
Views: 5776

Re: TV size question

I just bought a 55" TCL 5 series for $489.... built in Roku. Works great and picture is terrific. Sound is pretty adequate as well. You can get a 65" QLED for $649. What did it replace? I have yet to see a mainstream TCL/Hisense set that I would describe with stronger term than "good...
by stoptothink
Tue Mar 30, 2021 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Spending money and living now VS saving and living better later?
Replies: 82
Views: 12219

Re: Spending money and living now VS saving and living better later?

I set my FI goal, went after it, and achieved it in my mid-30. Now I that I don't really need to put new money into stocks & bonds portfolio, I have the freedom to spend on "living now" items that I want, and still have money left over to save. Put it this way: if FI is your goal, get...
by stoptothink
Tue Mar 30, 2021 12:33 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2743
Views: 273436

Re: [What TV Show Have You Recently Watched?]

Heartland. No vampires, crackheads, zombies or drug dealers - true to life. Clean but more raw than you expect. On for 14 years and still filming. Same cast. Watch the youngsters grow up before your eyes. Lovely romance. Most popular actress in the world that you've never heard of. Shown in 115 cou...
by stoptothink
Tue Mar 30, 2021 9:50 am
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 228
Views: 22099

Re: High spenders what do you spend on?

I don’t see any difference between my thread and these threads: What lifestyle creep made you happier? What is the BEST thing you spent money on? Except for a higher barrier to entry With all due respect, it seems odd that a person wouldn't know how to spend his own money. It doesn't take much imag...
by stoptothink
Tue Mar 30, 2021 9:47 am
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 228
Views: 22099

Re: High spenders what do you spend on?

This has gotta be the weirdest thread I've read on this forum. :?: Ditto, if you can't figure out how to spend the money you are earning, maybe take a year off and figure it out? Well this is a strange response, if I quit my job I wouldn’t have the money to spend would I? Your posts are framed in a...
by stoptothink
Tue Mar 30, 2021 9:01 am
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 228
Views: 22099

Re: High spenders what do you spend on?

This has gotta be the weirdest thread I've read on this forum. :?: Ditto, if you can't figure out how to spend the money you are earning, maybe take a year off and figure it out? I am far from a big spender, but I am surrounded by them. Some examples: -Childhood friend has lived off-and-on on his 7...
by stoptothink
Mon Mar 29, 2021 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Paying Sister for Childcare
Replies: 21
Views: 1883

Re: Paying Sister for Childcare

I agree with the above. I'd do this "above board" and pay her formally. FYI I believe that the typical cost for a full time nanny is like $70-80k per year where I live (northeast), per my colleague who has looked into it. That would be a ridiculous amount of money to pay someone "inf...
by stoptothink
Mon Mar 29, 2021 8:39 am
Forum: Personal Consumer Issues
Topic: Why are Subarus so popular?
Replies: 114
Views: 6213

Re: Why are Subarus so popular?

Subaru sold about 600k cars in 2020 in the US. Toyota sold 2.2 million. Maybe recalibrate what you think is popular? That said, it’s the cheapest way into AWD and people want AWD. Toyota also makes everything from small RWD sports coupes to minivans to full-size trucks. Subaru is exceedingly popula...
by stoptothink
Sun Mar 28, 2021 5:19 pm
Forum: Personal Consumer Issues
Topic: Preparing For First Homebuying Experience
Replies: 11
Views: 914

Re: Preparing For First Homebuying Experience

Makefile wrote: Sun Mar 28, 2021 4:38 pm
For credit score, I thought either 720 or 740 was a common threshold for the best rate.
In general, it's 760.