Search found 2322 matches

by Normchad
Sat May 15, 2021 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Decision to make- Should I take up the new gig?
Replies: 20
Views: 939

Re: Decision to make- Should I take up the new gig?

I wouldn’t take it as contract to perm..... I love staffing agencies, I use them all the time for hiring. But they are a middle man, and if you use, you are taking a risk. My concern would be, are they telling you the truth? There are a lot of unscrupulous placement companies out there. That VP job ...
by Normchad
Sat May 15, 2021 5:40 pm
Forum: Investing - Theory, News & General
Topic: Future of Natural Gas
Replies: 7
Views: 777

Re: Future of Natural Ga

I have no idea. One of the big uses for natural gas is in electricity production. In 2019, 38% of electricity production was done with natural gas. According to my 10 seconds on google. So it probably depends a lot of what you think will happen with electricity production in the future. Wind and sol...
by Normchad
Sat May 15, 2021 9:24 am
Forum: Personal Investments
Topic: Is there a website that would show taking 5% out of the S&P 500 starting in the year 2000 what would happen to the
Replies: 18
Views: 1507

Re: Is there a website that would show taking 5% out of the S&P 500 starting in the year 2000 what would happen to the

Try https://www.portfoliovisualizer.com/backtest-portfolio For example: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=2000&firstMonth=1&endYear=2021&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=100000&annual...
by Normchad
Fri May 14, 2021 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: What specific complaints do you have for your tax software
Replies: 58
Views: 2745

Re: What specific complaints do you have for your tax software

I’ve used TurboTax many times. I have no real complaints. But since you ask, I’ll nitpick them....... I don’t like the add-ons they offer to sell you at the end I don’t like the egregious fees they charge for using your anticipated refund to pay for your state filing I don’t like that they offer 3 d...
by Normchad
Thu May 13, 2021 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Losing Motivation in Work - 5 Years To Go - Suggestions?
Replies: 131
Views: 11683

Re: Losing Motivation in Work - 5 Years To Go - Suggestions?

I basically hate my job, even though: Well compensated Good coworkers Good boss Insane work flexibility (currently WFH but have always had lots of flexibility Very secure It's everything a person wants in a job. Except it's missing one thing: it's not fun. It's not interesting. I started as a devel...
by Normchad
Thu May 13, 2021 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Losing Motivation in Work - 5 Years To Go - Suggestions?
Replies: 131
Views: 11683

Re: Losing Motivation in Work - 5 Years To Go - Suggestions?

as someone about 10-15 years behind most in this thread, it reads as damning portrayal of corporate America The number of people completely disengaged from their work, literally counting down the days to retirement, says a lot about how unsatisfying the world work has become. Or maybe it says more ...
by Normchad
Thu May 13, 2021 6:36 pm
Forum: Personal Consumer Issues
Topic: how much is integrity worth?
Replies: 25
Views: 2291

Re: how much is integrity worth?

It’s tough, and I think it depends on the exact situation. In this case, I think you did the right thing. I think I would have done the same thing. For me this is based on you saying that you agreed on the price prior to them writing it up. So you are correcting a clerical error, and honoring the ag...
by Normchad
Thu May 13, 2021 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Attempted fraudulent CC application in my name...lock your credit reports people
Replies: 24
Views: 2407

Re: Attempted fraudulent CC application in my name...lock your credit reports people

For those who do not know, there is a difference between "freezing" your reports and "locking" them Freezing, which you should do, is a federally mandated process, free and the credit bureaus have no control over what it means Locking is a product they developed to sell, not reg...
by Normchad
Thu May 13, 2021 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Attempted fraudulent CC application in my name...lock your credit reports people
Replies: 24
Views: 2407

Re: Attempted fraudulent CC application in my name...lock your credit reports people

Great reminder. Between the breaches at Equifax, Target, and OPM, I think everybody should just assume all of their information is already in the hands of criminals. Including social security number, etc. Yep. Everyone should also create an IRS Identity Protection PIN to prevent fraudulent tax retu...
by Normchad
Thu May 13, 2021 6:25 pm
Forum: Personal Consumer Issues
Topic: HOA Advantage
Replies: 110
Views: 7306

Re: HOA Advantage

This thread is taking the usual course for Bogleheads HOA threads, but as I have pondered it, a potentially peculiar (perhaps even preposterous) perspective has piqued my partiality: Both those who do not , and those who do like HOA's should be critical of HOA's. :shock: The first group is obvious....
by Normchad
Thu May 13, 2021 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Attempted fraudulent CC application in my name...lock your credit reports people
Replies: 24
Views: 2407

Re: Attempted fraudulent CC application in my name...lock your credit reports people

Great reminder. Between the breaches at Equifax, Target, and OPM, I think everybody should just assume all of their information is already in the hands of criminals. Including social security number, etc.
by Normchad
Thu May 13, 2021 11:08 am
Forum: Personal Consumer Issues
Topic: HOA Advantage
Replies: 110
Views: 7306

Re: HOA Advantage

I’m sure they vary widely from state to state. I’m only familiar with the ones in Virginia. I wouldn’t live in a neighborhood that didn’t have an HOA. And the people that hate HOAs, really hate them. And they should never live in a neighborhood that has one. In Virginia, as far as I know, all buyers...
by Normchad
Thu May 13, 2021 11:04 am
Forum: Personal Investments
Topic: $5M Construction Project :confused
Replies: 62
Views: 5844

Re: $5M Construction Project :confused

Sometimes you only think you will get your feet wet, instead you wind up taking a bath. I get what you are saying. How do you rationalize Risk taking. Without Risk no reward right You have to take risk. But you have to fully understand the risk, and be compensated for it. It sounds like the risk he...
by Normchad
Thu May 13, 2021 1:38 am
Forum: Personal Consumer Issues
Topic: Rugged laptop options?
Replies: 31
Views: 1558

Re: Rugged laptop options?

For something truly rugged, there is the Panasonic Toughbook.
by Normchad
Wed May 12, 2021 8:35 pm
Forum: Personal Investments
Topic: $5M Construction Project :confused
Replies: 62
Views: 5844

Re: $5M Construction Project :confused

What is your friends motivation for letting you in on this deal? Why wouldn’t he do this without you and keep all the money for himself?

As written, it just sounds like he’s giving you a half million for no reason.
by Normchad
Tue May 11, 2021 10:42 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2403
Views: 286384

Re: Post your Financial Milestone Announcements Here

vgc303 wrote: Tue May 11, 2021 10:34 pm Just accepted a job offer for 120k per year + stock options. Was previously making 75k. I'm very excited!!
That’s fantastic! Congratulations on your new job!
by Normchad
Tue May 11, 2021 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: I See no Path Forward Financially
Replies: 99
Views: 10931

Re: I See no Path Forward Financially

I have no specific advice for you. Believe it or not, you’re not in that bad of shape. Keep working at it and moving forward. Keep your head up. It sounds cliche, but we all get knocked down eventually. Getting back up is what counts. I was 30 before I got to a net worth of zero. So at your age, our...
by Normchad
Tue May 11, 2021 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Losing Motivation in Work - 5 Years To Go - Suggestions?
Replies: 131
Views: 11683

Re: Losing Motivation in Work - 5 Years To Go - Suggestions?

Don't look at it as 5 more years. Look at every day as One More Day. If you can survive tomorrow, do it again the day after. That truly is awful. If you have to break it up into just 'one more day' every day, it may be time to re-evaluate your role and career. This is the horror of golden handcuffs...
by Normchad
Tue May 11, 2021 11:29 am
Forum: Personal Investments
Topic: Social Security as Part of Bond Allocation
Replies: 142
Views: 5759

Re: Social Security as Part of Bond Allocation

I think people who say this, are really just looking for a way to mentally justify high equity allocations. We never see these kinds of posts when the market is tanking. You are free to set your AA to whatever you want it to be. You don’t need permission from anybody, and you don’t have to justify i...
by Normchad
Tue May 11, 2021 11:24 am
Forum: Personal Finance (Not Investing)
Topic: If your net worth is over $3 million, how did you do it?
Replies: 630
Views: 158782

Re: If your net worth is over $3 million, how did you do it?

I'll throw this one out there: by moving . I know people should optimize for happiness, and things are deeply personal, but it's been my observation than many people overweight the impact of moving for a job on their relationships and/or happiness they derive from family & friends. In some case...
by Normchad
Mon May 10, 2021 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: What do you wish you knew before you retired you know now!
Replies: 98
Views: 15923

Re: What do you wish you knew before you retired you know now!

One thing that surprised me in retirement was that I’d occasionally run into someone who seemed miffed that I was retired and there were not. I think my younger-than-my-years look may have contributed to this. I've experienced this, and I'm not yet retired (but close). The envy factor plays a role,...
by Normchad
Mon May 10, 2021 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Should I tear down my house?
Replies: 57
Views: 5799

Re: Should I tear down my house?

...From the time the permits are issued to move-in is 4 months per my builder; I'll plan on six... This will not be the only thing you hear from this builder that will not come to pass... Typically builders will start with a fast demo (partial) or demolition (complete) so you are then committed to ...
by Normchad
Sun May 09, 2021 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Hired College Friend
Replies: 8
Views: 1102

Re: Hired College Friend

The milestones are pretty clear. In April, I gave him a 3k draw which means he's supposed to find his own claims or I'm supposed to hand him claims where he gets a % of the revenue to offset the draw. I can't trust him with claims to manage though because he isn't picking anything up. We write a lo...
by Normchad
Sun May 09, 2021 9:04 pm
Forum: Personal Consumer Issues
Topic: Tesla’s regenerative braking
Replies: 36
Views: 2691

Re: Tesla’s regenerative braking

Many people are weirded out by regenerative braking at first. It took me just a few days to become accustomed to it. “One pedal driving” is awesome. Driving cars that require me to press the brake to keep the car from rolling away at a stop lights seems strange now. My wife drives a 2017 Acura RDX....
by Normchad
Sun May 09, 2021 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Hired College Friend
Replies: 8
Views: 1102

Re: Hired College Friend

Ouch! That’s a tough spot to be in. In addition to making the deadline and expectations clear, spend the time mentoring the dickens out of your friend. So the message is “I’m going to do my level best to help you succeed, but ultimately your future here is determined by your own efforts and accompli...
by Normchad
Sun May 09, 2021 5:50 pm
Forum: Personal Consumer Issues
Topic: Tesla’s regenerative braking
Replies: 36
Views: 2691

Re: Tesla’s regenerative braking

As a long-time and very satisfied Tesla owner, it will be a bit of an adjustment for you to probably never have to get a brake reline during the life of the car. IMO a nice kind of "problem." I think I once figured out that, based on the wear and mileage, I was likely to go more than 250k...
by Normchad
Sun May 09, 2021 5:44 pm
Forum: Personal Consumer Issues
Topic: Are there quiet central air conditioners (the outside unit)?
Replies: 18
Views: 1516

Re: Are there quiet central air conditioners (the outside unit)?

A lot of them are much quieter now. My new units are significantly quieter than the ones they replaced.

But it’s my observation that they get louder with time.

In your shoes, I’d look to upgrade the windows to mitigate the noise.
by Normchad
Sun May 09, 2021 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: "Time the Market" By Selling Current House?
Replies: 34
Views: 3313

Re: "Time the Market" By Selling Current House?

Why did you buy your current house in March 2020? Presumably because you wanted it. If that’s the case, you should stay put. Nothing has really changed, right? If you wanted a smaller/cheaper place, I assume that’s what you would have bought last year. Pat yourself on the back for picking a good hou...
by Normchad
Sun May 09, 2021 9:47 am
Forum: Personal Consumer Issues
Topic: HOA Advantage
Replies: 110
Views: 7306

Re: HOA Advantage

It's simple: If you don't like the rules, you should definitely not buy into a HOA community. If you like the rules go ahead. I don't understand why someone would move into a HOA community planning to fight over their right to have a weed filled lawn, purple front door, and violate parking rules. I...
by Normchad
Sun May 09, 2021 9:14 am
Forum: Personal Consumer Issues
Topic: Tesla’s regenerative braking
Replies: 36
Views: 2691

Re: Tesla’s regenerative braking

IIRC there is a setting to reduce it, but as others have posted you’ll be addicted to it after a bit of time so it’s probably moot. Teslas are amazing cars. I have an X myself. Just be prepared for random build quality issues that you’re probably not used to in other cars. The entire car is a big c...
by Normchad
Sun May 09, 2021 9:02 am
Forum: Personal Consumer Issues
Topic: Tesla’s regenerative braking
Replies: 36
Views: 2691

Re: Tesla’s regenerative braking

It took me two days to get used to it. Now it bugs me when it is diminished (it is diminished when the car is cold and/or charged full). I got accustomed to one pedal driving literally overnight. Same here - took me about 1-2 days and then it was second nature. Now when I drive my wife’s car, I’m l...
by Normchad
Sat May 08, 2021 10:27 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2403
Views: 286384

Re: Post your Financial Milestone Announcements Here

My net worth reached $250,000 for the first time! I am a quarter-millionaire! This is a big deal because I spent my 20s in grad school w loans (in the arts), my 30s working in contingent faculty positions (underpaid, but managed to save a few thousand in whatever plan was offered even in part time ...
by Normchad
Sat May 08, 2021 8:30 pm
Forum: Personal Investments
Topic: Things I bought VTWAX in lieu of
Replies: 21
Views: 2066

Re: Things I bought VTWAX in lieu of

I totally understand your feeling. I have an automatic monthly investment in VTI, month and month, year after year. I’m up something like 40% in the last 12 months.... everybody should be as well, given what it was like 12 months ago..... And I’m totally glad I do what I do.... But when I see Ethere...
by Normchad
Sat May 08, 2021 3:59 pm
Forum: Personal Consumer Issues
Topic: Ikea bathroom fixtures/cabinets
Replies: 21
Views: 2071

Re: Ikea bathroom fixtures/cabinets

The IKEA cabinets are surprising durable. I haven’t used them in a bathroom, but have had them in my garage for 20 years, and am pretty hard on them. They hold up great. If the style suited me, I wouldn’t hesitate to use them in the bath or kitchen. And if the style doesn’t suit you, there are place...
by Normchad
Sat May 08, 2021 3:55 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2403
Views: 286384

Re: Post your Financial Milestone Announcements Here

Dottie57 wrote: Sat May 08, 2021 2:57 pm Hit over 2.1mm in net worth - including modest condo.
Congratulations! And a big Thank you for your great contributions to this forum!
by Normchad
Sat May 08, 2021 11:41 am
Forum: Personal Finance (Not Investing)
Topic: pricing our house?
Replies: 25
Views: 2637

Re: pricing our house?

Price it high. You’re not in a rush to sell. I think most people list their homes too low...... the folks that sold this home to us certainly screwed up and missed out on a lot of money...... You don’t need 30 offers, you only need 1. In our area, I think Zillow is pretty accurate. It’s just a data ...
by Normchad
Sat May 08, 2021 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Frustrating candidate experiences in job search
Replies: 79
Views: 6074

Re: Frustrating candidate experiences in job search

For those who are out of work due to COVID, be prepared to answer the following question in an interview. “What did you do during that time to improve yourself?”
by Normchad
Fri May 07, 2021 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrating candidate experiences in job search
Replies: 79
Views: 6074

Re: Frustrating candidate experiences in job search

I hire people. I’m not part of HR, but I do the interviewing and make the hiring decisions for my group. I typically hire about a dozen engineers a year. We get buried in applications, and need some way to whittle the pile down. It’s easy to apply to a thousand jobs, so we need a way to quickly disc...
by Normchad
Fri May 07, 2021 4:46 pm
Forum: Personal Consumer Issues
Topic: Recommendation for Leaf Blower
Replies: 58
Views: 2795

Re: Recommendation for Leaf Blower

I use a corded electric one for my suburban yard. I think it would be adequate for any quarter acre yard, and it’s inexpensive. So if you outgrow it, you haven’t wasted much money. It’s 20 years old, but here is what the newer models look like. https://www.amazon.com/BLACK-DECKER-Electric-Blower-LB7...
by Normchad
Fri May 07, 2021 1:17 pm
Forum: Personal Investments
Topic: How much do you trust FIRECalc?
Replies: 17
Views: 2126

Re: How much do you trust FIRECalc?

The FireCalc methodology is simply to tabulate what would have happened to you if you had implemented your plan starting in each of a hundred or so historical years and observed the actual result. In that sense the output is not subject to uncertainty or doubt because it is a tabulation of establis...
by Normchad
Thu May 06, 2021 4:41 pm
Forum: Personal Consumer Issues
Topic: Is there any free site that provides IQ test and results
Replies: 33
Views: 2146

Re: Is there any free site that provides IQ test and results

I am a self-admitted Turbo Idiot, and I crushed both parts of the Mensa test. There is nothing in that test that measures intelligence.....

My wife was a school psychologist. A big part of her job was diagnostic and IQ texting. Ask your school if they will do it. It would be more valid......
by Normchad
Tue May 04, 2021 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a townhouse in Nova
Replies: 24
Views: 2756

Re: Buying a townhouse in Nova

Yes you can. My rule of thumb is to borrow no more than 3x your salary. So in your shoes, I’d be willing to spend up to 600K. Especially now, with interest rates being so,low. Now, it’s just a rule of thumb. You should adjust based on your personal values and circumstances. Do either of you plan to ...
by Normchad
Mon May 03, 2021 5:05 pm
Forum: Personal Consumer Issues
Topic: HVAC replacement when experts disagree
Replies: 96
Views: 6175

Re: HVAC replacement when experts disagree

Thank you all for your help. We ended up going with a 3-ton, two-stage heat pump and 90K two-stage 80% AFUE furnace. The contractor provided a detailed manual J based on our desired settings. The heat pump comes with a pretty substantial rebate, so the system will cost about $10,000 after rebates. ...
by Normchad
Mon May 03, 2021 12:03 pm
Forum: Personal Investments
Topic: I sold off all my (modest) crypto holdings this morning
Replies: 87
Views: 10321

Re: I sold off all my (modest) cryto holdings this morning

You made 30% on your money in just one month! That’s awesome. And normally, that would be the story you’d tell your grand kids.

But with Crypto, somehow it feels “less than”. Like you *only* made 30%.

But I say, 3k is 3K. Enjoy the heck out of it!
by Normchad
Sun May 02, 2021 8:41 pm
Forum: Personal Consumer Issues
Topic: Digital Privacy Recommendations - Email and Cloud Storage
Replies: 16
Views: 914

Re: Digital Privacy Recommendations - Email and Cloud Storage

For cloud storage, I suggest encrypting your data on your local computer with a program like Veracrypt with a long password. And then upload to one of the free services like Google Drive. I've read this before, but my concern is access if something happened to me. It's kind of complicated to downlo...
by Normchad
Sun May 02, 2021 8:32 pm
Forum: Investing - Theory, News & General
Topic: Practice vs theory in portfolio strategies
Replies: 82
Views: 3932

Re: Practice vs theory in portfolio strategies

How are we define “the market”? stocks and bonds?

Home country and International?

Commodities?

Crypto?

Real estate?

Collectibles?
by Normchad
Sun May 02, 2021 8:28 pm
Forum: Personal Consumer Issues
Topic: Digital Privacy Recommendations - Email and Cloud Storage
Replies: 16
Views: 914

Re: Digital Privacy Recommendations - Email and Cloud Storage

I’m slowly moving everything to the cloud. I’m not super concerned about privacy or security. I’m going with Apple for everything. I’m not sure if they’re better or more trustworthy than anybody else. But as Tim Cook says, (in reference to Google), if you’re not paying for it, you’re not their custo...
by Normchad
Sun May 02, 2021 8:14 pm
Forum: Investing - Theory, News & General
Topic: Practice vs theory in portfolio strategies
Replies: 82
Views: 3932

Re: Practice vs theory in portfolio strategies

The average height of men in the US is 5'9"", but there's no sense in which that height is ideal or a default height. It's the same with the market portfolio. I'll be direct here: I believe that this analogy makes absolutely no sense whatsoever. in fact, it might be the weirdest apples wi...
by Normchad
Sun May 02, 2021 6:43 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 531
Views: 44253

Re: The Power of Working Longer

I love all the threads and thoughtful discussions here. I can’t thank all of you enough for all I’ve gained by reading your perspectives. I’m leaning strongly to retirement soon. Yesterday, I think somebody here pushed me over the edge. They said “I can make more money, but I can’t make more time”. ...