Search found 2228 matches

by Normchad
Thu Apr 22, 2021 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a university/college for my son a future Computer Science Major
Replies: 206
Views: 16507

Re: Choosing a university/college for my son a future Computer Science Major

I have heard more good things about RoseH than I would expect for a school of its size. Ski Terre Haute! https://www.youtube.com/watch?v=3IPgGmLexzY [Before there was Photoshop. I always thought it was real, albeit staged, until now.] Some say it's one of the Big 3 Tech schools, and some consider i...
by Normchad
Thu Apr 22, 2021 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a university/college for my son a future Computer Science Major
Replies: 206
Views: 16507

Re: Choosing a university/college for my son a future Computer Science Major

I have heard more good things about RoseH than I would expect for a school of its size. Ski Terre Haute! https://www.youtube.com/watch?v=3IPgGmLexzY [Before there was Photoshop. I always thought it was real, albeit staged, until now.] Some say it's one of the Big 3 Tech schools, and some consider i...
by Normchad
Thu Apr 22, 2021 3:06 pm
Forum: Personal Investments
Topic: What do you define "hitting your number?"
Replies: 16
Views: 952

Re: What do you define "hitting your number?"

I had a lot of spare time on my hands back in 1992. That’s when I decided my life goal was to amass a net worth of $4M at 65, and retire. I don’t honestly remember how I came up with it, but over the years I haven’t had any reason to change it. So, that’s the number. A net worth of $4M. My criteria ...
by Normchad
Thu Apr 22, 2021 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Crazy Situation - Acura Dealer Gave Me Car With Wrong VIN Number - Wants to Swap Cars?
Replies: 83
Views: 3814

Re: Crazy Situation - Acura Dealer Gave Me Car With Wrong VIN Number - Wants to Swap Cars?

I would have them deliver the new car to you and not drive the other car since you do not have car insurance on it. Get a rental car until then if you need to, the dealership should reimburse you for that. ^This. Don't drive that car again. Sounds like an honest mistake at the dealer. You will be c...
by Normchad
Thu Apr 22, 2021 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Unicorns pay no federal tax!
Replies: 55
Views: 5452

Re: Unicorns pay no federal tax!

We have found it easy to have no federal liability since capital gains have figured prominently in our income stream. Our state taxes LTCG as income so this unicorn keeps having state taxes. The techniques surrounding this concept have piqued my interest. I am coming to the end of 40 years as an em...
by Normchad
Wed Apr 21, 2021 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: my YOLO moment (career downshift and full-time WFH)
Replies: 29
Views: 3388

Re: my YOLO moment (career downshift and full-time WFH)

Wow, this sounds like a bad situation. You should move to be with your spouse, then let the chips fall where they may. If they insist you go back to the office, then you should quit. But if you do that, if you're willing to quit, they might change their mind. but I wouldn't put up with what you're d...
by Normchad
Wed Apr 21, 2021 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Unicorns pay no federal tax!
Replies: 55
Views: 5452

Re: Unicorns pay no federal tax!

For MFJ capital gains are not taxed up to 80K. Then the next 24K are the standard deduction. So if you live off your investments, you can have 104K non-taxable income. And that's in addition to the cost-basis of your proceeds, which are not subject to taxation. This is it right here. And it’s my pl...
by Normchad
Wed Apr 21, 2021 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer - Company won't put bonus info in offer letter or in writing
Replies: 38
Views: 3517

Re: Job Offer - Company won't put bonus info in offer letter or in writing

Our company pays significant bonuses to about 95% of the workforce. They do this twice a year for the last 25 years. It is regular as clockwork, but it is discretionary. We never include this in the offer letters. We also don’t include the Christmas bonus, etc etc. As a company, we love doing bonuse...
by Normchad
Wed Apr 21, 2021 12:03 am
Forum: Personal Consumer Issues
Topic: Need a good 5th-6th grade math DRILLING book (with LOTS of problems)
Replies: 27
Views: 1742

Re: Need a good 5th-6th grade math DRILLING book (with LOTS of problems)

We used a website that would let us make our own sheets of problems. They were highly customizable, so for example you could pick the range of numbers in multiplication problems,etc. we found it to be easy and great,,,, they seems to have a variety of subjects appropriate for lots of grade levels as...
by Normchad
Tue Apr 20, 2021 12:25 pm
Forum: Personal Consumer Issues
Topic: Sale of Expensive Home--Limit Showing
Replies: 34
Views: 3243

Re: Sale of Expensive Home--Limit Showing

That all seems reasonable. Probably just showing by appointment only will achieve your goal. (Keeping out the looks-loos and nosed neighbors). It seems more common now to not have a for sale out front. Might recommend you do that too, if you don’t want a lot of neighborly interest. On the other hand...
by Normchad
Mon Apr 19, 2021 3:57 pm
Forum: Personal Consumer Issues
Topic: How to purchase a mattress that will last and be durable?
Replies: 9
Views: 1006

Re: How to purchase a mattress that will last and be durable?

I went tempurpedic.

For me, I only did it because of the 90 day return policy if you buy it directly from them.

And that’s because, as far as I can tell, there is no good way to evaluate a bed without sleeping on it for two weeks or so....

So I took a chance on this one, and it worked out.
by Normchad
Sun Apr 18, 2021 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 125
Views: 12229

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

Unpopular opinion: if you have kids you’ve probably been coasting at work a long time. Or a horrible parent. Funny, but true... My employees without kids work about 45 hours a week and my employees with kids work about 35 hours a week. having kids is way harder than any office job I could ever imag...
by Normchad
Sun Apr 18, 2021 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 125
Views: 12229

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

You seem mighty harsh to the OP and anyone else that would like to have a less stressful job and/or more downtime. Nope. Coast if you want. Just don't pretend it's for your diet or so you can find the time to purchase glasses. It's okay to just want to work part-time. OP here. To be clear: the heal...
by Normchad
Sun Apr 18, 2021 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Investing in..your career
Replies: 13
Views: 1793

Re: Investing in..your career

If you’re not growing, you’re dying. Mid 30s is too early to stagnate.
by Normchad
Sun Apr 18, 2021 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: What Does College Tuition Really Cost?
Replies: 84
Views: 6537

Re: What Does College Tuition Really Cost?

Here in the Pacific Northwest my daughter got reasonable merit aid offers from Gonzaga, Whitman, Lewis & Clark, University of Oregon, Washington State, and University of Puget Sound. She got a less generous merit aid offer from Occidental College in CA. I wouldn't know what the exact equivalent...
by Normchad
Sun Apr 18, 2021 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Stepping back in career when wife is doing well?
Replies: 58
Views: 5547

Re: Stepping back in career when wife is doing well?

TLDR. OP: As someone who stepped back (sold business/retired) as wife's career took off, I came up with a simple solution for supporting my spouse: Copy the behaviors she exhibited when I was the one working 80 hours a week. Regarding modeling good behavior for your children, I can't think of a bet...
by Normchad
Sun Apr 18, 2021 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Would a Shift to Primarily WFH Affect Promotion Opportunity?
Replies: 32
Views: 2037

Re: Would a Shift to Primarily WFH Affect Promotion Opportunity?

Yes, it will. Ultimately, these decisions are made by humans, with human emotion and human biases. “Out of sight, out of mind” applies here. Also, people don’t like to give each other bad news. If your boss has to pick between a remote worker, and one he sees everyday, he might just pick the local g...
by Normchad
Sun Apr 18, 2021 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: cost of college
Replies: 11
Views: 958

Re: cost of college

Personally, I think college costs will continue to rise. Why shouldn’t they? People are lining up to,pay them. And thanks to COVID, we know how bad and sorely lacking distance learning is. So that doesn’t help..... On the other hand, I think there are an awful lot of jobs that require a degree, but ...
by Normchad
Sun Apr 18, 2021 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: What Does College Tuition Really Cost?
Replies: 84
Views: 6537

Re: What Does College Tuition Really Cost?

My kid didn’t pay 1 dollar for her undergrad tuition. She was a very strong student, who graduated at the top of her high school class and got great standardized test scores. She was admitted to UVA, William & Mary, etc etc. the only school she wasn’t accepted to was Stanford. She choose to go t...
by Normchad
Sun Apr 18, 2021 10:49 am
Forum: Personal Consumer Issues
Topic: Epoxy garage floor?
Replies: 40
Views: 8676

Re: Epoxy garage floor?

Interesting thread. I did my own garage, and it looks brand new even after ten years. I used Rust-oleum epoxy shield, and I think I spent about $150 all in. It wasn’t difficult to do. The hardest part was emptying out the garage, and staying out of it for a couple days while it dried. The only thing...
by Normchad
Sun Apr 18, 2021 10:41 am
Forum: Investing - Theory, News & General
Topic: Help me get a basic education in cryptocurrency
Replies: 168
Views: 9761

Re: Help me get a basic education in cryptocurrency

It’s like gold, except it has no industrial uses, or ornamental uses. It’s a scam, that some people are getting rich from.
by Normchad
Sat Apr 17, 2021 9:05 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2314
Views: 274716

Re: Post your Financial Milestone Announcements Here

Emptykeg wrote: Sat Apr 17, 2021 8:53 pm Went over 12 million in net worth last week. My plan was to get there by 55 years old but thanks to this crazy bull market, got there right before turning 50 this summer. My plan was to retire at 55. Now I’m wondering if 50 sounds better.
Good google-moogly! Congrats!
by Normchad
Fri Apr 16, 2021 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle this? -- big utility company problem!
Replies: 68
Views: 4835

Re: How would you handle this? -- big utility company problem!

Good luck. I’d bet you are stuck on the insulation bill. Hello, I am providing an update to every person who previously commented on this post... because I appreciate everyone / you taking the time to provide input. Here is the update: Based on advice on this thread, I contacted the MN Public Utili...
by Normchad
Fri Apr 16, 2021 6:32 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2314
Views: 274716

Re: Post your Financial Milestone Announcements Here

We hit $1.5M in our investment accounts today (excludes cash, 529, and paid-off home). Probably also topped $2M net worth recently, but I don’t really track my home value too closely. A big thanks to the forum for helping us achieve this big milestone in our mid/late 30s! Amazing feat! Congratulati...
by Normchad
Fri Apr 16, 2021 2:45 pm
Forum: Personal Consumer Issues
Topic: C8 Corvette?
Replies: 44
Views: 3857

Re: C8 Corvette?

I keep seeing posts in my car groups for C8s at $40k over sticker. I'm not a vette guy but if I were and in the market for one, there's something about that that turns me off. If you find one for sticker then grab it! c8's can be had for sticker price, but it takes some shopping around and diligenc...
by Normchad
Fri Apr 16, 2021 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: At what salary range to move out of a HCOL state?
Replies: 21
Views: 2134

Re: At what salary range to move out of a HCOL state?

I wouldn’t accept any cut in pay. I bet you can either find a higher paying job close to where you are now, or an equal or better paying job someplace else in the country. Where does your wife’s family live? That is usually very important.... Just put in some time looking around to get a feel for th...
by Normchad
Fri Apr 16, 2021 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 125
Views: 12229

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

Unless coasting means going from 60 hours to 25 hours per week. As far as I can tell, your need for glasses and a good diet is the same with a 25 hour job as it is with a 60 hour job. It makes prioritizing fitness, meditation, and relationships way, way easier. If you aren't able to prioritize your...
by Normchad
Fri Apr 16, 2021 3:03 am
Forum: Personal Consumer Issues
Topic: can I get boglehead approval for a 70K truck?
Replies: 97
Views: 5410

Re: can I get boglehead approval for a 70K truck?

Approved.

It’s your money spend on things that make you happy.
by Normchad
Thu Apr 15, 2021 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: The primary factor for picking a College/University is out of pocket cost
Replies: 238
Views: 12053

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

....unless this entire post/discussion was started as a term we call "gunner behavior" in med school, where you deliberately mislead other people from making the right choice, eliminating competition for select spots before they even know it. Nope. My kid is average. The ROI for spending ...
by Normchad
Thu Apr 15, 2021 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Another home insurance rant - do you really give them all that info?
Replies: 13
Views: 1281

Re: Another home insurance rant - do you really give them all that info?

Just wait til you try to buy life insurance..... those questions actually are personal.....
by Normchad
Thu Apr 15, 2021 5:45 pm
Forum: Personal Consumer Issues
Topic: Hoover Vacuum Problem (Mystery Solved)
Replies: 21
Views: 1272

Re: Hoover Vacuum Problem

If you like it, take it to a Vaccuum repaid shop and see what they say.
by Normchad
Thu Apr 15, 2021 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Another home insurance rant - do you really give them all that info?
Replies: 13
Views: 1281

Re: Another home insurance rant - do you really give them all that info?

I give that info out freely. It’s already out there. Me giving it out doesn’t make the problem any worse. For the longest time, my SSN was printed on my checks. And it was my account number at the bank, etc. It is literally everywhere..... Edited: and it as also my drivers license number for around ...
by Normchad
Thu Apr 15, 2021 3:39 pm
Forum: Personal Consumer Issues
Topic: Considering porcelain flooring that looks like wood
Replies: 12
Views: 689

Re: Considering porcelain flooring that looks like wood

I’ve used porcelain tile on a backsplash. I’d have no hesitation using that stuff on a floor. The tiles I used, you could hit them pretty hard with a hammer and they wouldn’t even chip. Never had any issues or stains with them. I really can’t believe that they could stain, to be honest.
by Normchad
Wed Apr 14, 2021 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: IC to Manager
Replies: 16
Views: 1688

Re: IC to Manager

I went into management about 12 years ago. It's been fine, and very lucrative. I don't love it. To this day, I still do not know if it was the right decision or not. Being an IC comes with a lot of stress and frustration. And being management comes with a lot of stress and frustration, although comp...
by Normchad
Wed Apr 14, 2021 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: If you hit your # would you retire in this market?
Replies: 124
Views: 13963

Re: If you hit your # would you retire in this market?

I would. Somebody around here said that 90% of the time, the market is at or near an all time high. So I either have to retire near one, or retire when it's diving into the tank. And none of us is brave enough to do that.... so I think I am doomed to retire at or near an all time high. I don't know ...
by Normchad
Wed Apr 14, 2021 8:18 pm
Forum: Personal Consumer Issues
Topic: DIY recessed lighting installation?
Replies: 51
Views: 2725

Re: DIY recessed lighting installation?

Hire someone with experience. It's not rocket surgery, but they license electricians for a reason. To increase pricing power by artificially limiting supply? :sharebeer Like many trades and professions, electrical work comprises of some work that can be done by almost anybody with an 8th grade educ...
by Normchad
Wed Apr 14, 2021 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Power of a personal real estate offer letter
Replies: 77
Views: 4803

Re: Power of a personal real estate offer letter

Reading these responses, my conclusions are that a letter PROBABLY wouldn't help, but DEFINITELY wouldn't hurt (if I am careful about what I write) and MIGHT help with just the right seller. And writing a letter is easy. So it seems to make sense to do it. If the seller doesn't bother reading it, f...
by Normchad
Wed Apr 14, 2021 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Power of a personal real estate offer letter
Replies: 77
Views: 4803

Re: Power of a personal real estate offer letter

I guess to answer your question, I'd probably take 5% less if I thought it would get me a quicker, trouble free close. Wow - that's a lot of money for a nice letter! yeah, it might be worth $100 per word. Of course, there is no guarantee. I think people leave a lot more money than that on the table...
by Normchad
Wed Apr 14, 2021 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Power of a personal real estate offer letter
Replies: 77
Views: 4803

Re: Power of a personal real estate offer letter

As a seller, I think a letter would impact my decision, if the offer was otherwise competitive. Interesting. How much money would you give up for a well-written letter? I really prioritize a quick, hassle free closing. If I had reason to think the highest offer either wouldn't close, or would creat...
by Normchad
Wed Apr 14, 2021 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Biggest expenses in life
Replies: 50
Views: 4126

Re: Biggest expenses in life

My single biggest expense in life is Insulin. It's worth it.....

Actually, I spend more on taxes. I also think those are worth it.
by Normchad
Wed Apr 14, 2021 5:22 pm
Forum: Investing - Theory, News & General
Topic: Another 2.8% SWR Article Quoting Wade Pfau
Replies: 252
Views: 13984

Re: Another 2.8% SWR Article Quoting Wade Pfau

Considering most bogleheads are very conservative, I don’t get why “SWR” rates are so heavily discussed when we know ANY flexibility drastically increases your chances of success. I think it would be more prudent to make a more realistic withdrawal method the standard so that we can stop talking ab...
by Normchad
Wed Apr 14, 2021 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Power of a personal real estate offer letter
Replies: 77
Views: 4803

Re: Power of a personal real estate offer letter

As a seller, I think a letter would impact my decision, if the offer was otherwise competitive. When I do sell my house, I want a closing with no hassles, and I want for a family to live in my house. (Now that the kids are gone, I’m embarrassed to live in this house..... there should be at least fou...
by Normchad
Wed Apr 14, 2021 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense that a car dealer needs to do a hard pull if you pay in full by check (cash)?
Replies: 79
Views: 7223

Re: Does it make sense that a car dealer needs to do a hard pull if you pay in full by check (cash)?

I had the same issue. The dealer explained it, they want to be sure your check is good. A credit pull doesn’t do that per se, but it can be an indicator that you’re a deadbeat or not. I have no problem with them doing it. But my credit is locked/frozen, and I didn’t know the password to open it up. ...
by Normchad
Tue Apr 13, 2021 7:37 pm
Forum: Personal Consumer Issues
Topic: C8 Corvette?
Replies: 44
Views: 3857

Re: C8 Corvette?

No, not yet. I disagree that buying a C8 is “totally non-Boglehead.” First, the Corvette is an excellent value. Its direct competitors cost at least 2x the price. Second, the purpose of investing is to fund future consumption. Spend your money according to your priorities. You are 100% correct on a...
by Normchad
Tue Apr 13, 2021 6:12 pm
Forum: Personal Consumer Issues
Topic: Hoarding and Decluttering
Replies: 15
Views: 1442

Re: Hoarding and Decluttering

The problems I (and perhaps others) continually run into are these: You can't throw away someone else's stuff You can't make them throw it away either You can't put away someone else's stuff or they won't know where it is You can't make them put it away themselves either The accidental not really a...
by Normchad
Tue Apr 13, 2021 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle this? -- big utility company problem!
Replies: 68
Views: 4835

Re: How would you handle this? -- big utility company problem!

Good luck. I’d bet you are stuck on the insulation bill.
by Normchad
Tue Apr 13, 2021 5:52 pm
Forum: Personal Consumer Issues
Topic: Hoarding and Decluttering
Replies: 15
Views: 1442

Re: Hoarding and Decluttering

Yes it’s hard. Different people feel differently. And some people have very real sentimental attachments to some of their stuff. Not me though. I’m ruthless. My goal every week is to make the garbage man wince when he lifts the can. :) It’s just amazing how much stuff accumulates over the years. I’m...
by Normchad
Tue Apr 13, 2021 11:46 am
Forum: Investing - Theory, News & General
Topic: how do S&P 500 index investors perform long term compared to all investors
Replies: 4
Views: 684

Re: how do S&P 500 index investors perform long term compared to all investors

This should help. Dalber studies this kind of thing, and finds that the average investor consistently under performs the funds that they invest in. Here is a good article. But basically over the 20 year period, the average investor underperformed the S&P. So, if you had invested in the S&P, ...
by Normchad
Mon Apr 12, 2021 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: How much does your employer sponsered health insurance cost you?
Replies: 43
Views: 2570

Re: How much does your employer sponsered health insurance cost you?

I'm curious to see what is considered normal to be paying. For me its currently $500 per month, for just me no spouse or children from my local mid sized employer. Its a great plan that has zero deductible, great coverage, and sponsered my IVF a couple of years ago :) However the rates consistently...
by Normchad
Mon Apr 12, 2021 9:11 pm
Forum: Investing - Theory, News & General
Topic: Is this the single worst time to be a passive investor
Replies: 73
Views: 9339

Re: Is this the single worst time to be a passive investor

Didn't everybody make a lot of money in 2020 by being an index investor? Or was that just me? 20% is pretty good for a year of doing nothing....


indexing just means you own a bit of a lot of things. Nothing wrong with that. If the American stock market keeps doing well, I'll keep doing well.