Search found 2473 matches

by Normchad
Wed Jun 16, 2021 6:24 pm
Forum: Personal Investments
Topic: Hit my "number" (I think)...now what?
Replies: 69
Views: 5422

Re: Hit my "number" (I think)...now what?

Now that you’ve hit your number, the next step is to agonize about what to do about it. I am in similar circumstances and it’s a daily ritual - at least on work days :wink: LOL definitely. I think my company's direction on WFH will play a large part in how 'swayed' I am towards one side or the othe...
by Normchad
Wed Jun 16, 2021 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Private School - Elementary vs Middle/High (bang for the buck)
Replies: 34
Views: 2901

Re: Private School - Elementary vs Middle/High (bang for the buck)

Lots of great advice here. Unfortunately, there is no perfect answer. We researched the snot out of this question 20 years ago, and decided to send ours to a great private school, starting in kindergarten. We ended up switching to public schools in first grade. It just wasn’t the right fit for our k...
by Normchad
Wed Jun 16, 2021 6:05 pm
Forum: Personal Investments
Topic: Hit my "number" (I think)...now what?
Replies: 69
Views: 5422

Re: Hit my "number" (I think)...now what?

Your age and numbers are super close to mine. I’ve been looking at this hard for the last 8 months, to see if I could pull the plug. My conclusion, I am 100% comfortable from a financial standpoint point quitting today. So I also think you are good to go. Every way I look at it, I’m comfortable with...
by Normchad
Tue Jun 15, 2021 10:01 pm
Forum: Personal Investments
Topic: Teenager new to the job market
Replies: 11
Views: 1034

Re: Teenager new to the job market

I disagree with a lot of people here about the issue of kids investing. Kids make very little money, and what they invest will have a negligible effect on their retirement. But they are working hard, between school and their job. They should have fun with their money while they still can. This isn'...
by Normchad
Tue Jun 15, 2021 7:08 pm
Forum: Personal Consumer Issues
Topic: The Future of Cars in Suburbia?
Replies: 57
Views: 3834

Re: The Future of Cars in Suburbia?

Most of America is built around the car. That can’t change any time soon. And I think driverless cars are a long ways off. So I don’t see much changing anytime soon. Zoning and building codes are a big driver of sprawl. If you build an Applebee’s, you have to make 200 parking spaces for it. Same for...
by Normchad
Tue Jun 15, 2021 6:21 pm
Forum: Investing - Theory, News & General
Topic: What was it like to index during the Lost Decade (1999-2009)?
Replies: 66
Views: 5683

Re: What was it like to index during the Lost Decade (1999-2009)?

As a guy entering his prime earnings years, and savings years, it was an awesome decade for me. Ten years of plowing money in, while prices were flat or declining. That is the dream. Buy low….. The explosion in my account balances now is hugely due to the amount if shares I was able to buy in the lo...
by Normchad
Mon Jun 14, 2021 9:18 pm
Forum: Investing - Theory, News & General
Topic: I'll never regret not having international funds in my portfolio
Replies: 207
Views: 12327

Re: I'll never regret not having international funds in my portfolio

I continue to hold one of the most unorthodox opinions of all. I don't think it matters much. I think this is true of almost all the hot button topics on the forum. Take SS at 62 or 70? Take your choice. It probably won't matter in the long run for most people. Pay off your mortgage or invest a lum...
by Normchad
Mon Jun 14, 2021 5:51 pm
Forum: Personal Consumer Issues
Topic: Need to replace a toilet
Replies: 12
Views: 1253

Re: Need to replace a toilet

Kenkat wrote: Mon Jun 14, 2021 5:48 pmToto Drake
Love the Drake. I have had the Toto G-Max Drake for about 20 years. I have never had to plunge it. And none of my friends have ever had to plunger theirs either…….

At the time I bought it, one online review said “I swear this thing could flush a dead cat….” That’s good enough for me…..
by Normchad
Mon Jun 14, 2021 5:48 pm
Forum: Personal Consumer Issues
Topic: Value on a flooring remodel
Replies: 11
Views: 986

Re: Value on a flooring remodel

I don't think it will matter. In 10 years it will probably need to be re-done anyway because it will look dated. Care and maintenance would be my priority. Do you have kids or pets? Natural stone will need to be regularly cleaned and sealed. I also am concerned about anything "polished" b...
by Normchad
Mon Jun 14, 2021 11:37 am
Forum: Investing - Theory, News & General
Topic: I'll never regret not having international funds in my portfolio
Replies: 207
Views: 12327

Re: I'll never regret not having international funds in my portfolio

The thread title is horrible. You present zero evidence to explain or support your thesis that you will not live to regret it. As for me, I’m always conflicted on this. I do hold international. I have a lot of VSMGX. Lately I would have been better off without it...... America is the biggest economy...
by Normchad
Sun Jun 13, 2021 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Should I look for a new job or call it done?
Replies: 56
Views: 7130

Re: Should I look for a new job or call it done?

Thank you for all the valuable feedback. I have budgeted 25K for health care related cost and 25K for traveling. Are these numbers reasonable? Those numbers are reasonable. I’m using similar numbers. I have pulled the current year prices for the health plan from the exchange that I’d be using, so i...
by Normchad
Sun Jun 13, 2021 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: pricing our house?
Replies: 116
Views: 13143

Re: pricing our house?

This is a great thread. Thanks for updating it so frequently. From your original post, it doesn’t sound like you need to be in a big hurry to sell it. So you can be patient. Personally, I am getting a sense though that just in the last month, the market here in NOVA has changed. I can’t put my finge...
by Normchad
Sun Jun 13, 2021 7:48 pm
Forum: Investing - Theory, News & General
Topic: Using Home Equity
Replies: 17
Views: 1582

Re: Using Home Equity

This is just a terrible way to think. I’ve seen many lives destroyed in the past by this….. lose your job, lose your house, lose your spouse. I’ve seen it several times….. A CashoutRefi isn’t free money. It’s just another loan. You have to pay it back. But lots of people view their homes as some mag...
by Normchad
Sun Jun 13, 2021 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Should I look for a new job or call it done?
Replies: 56
Views: 7130

Re: Should I look for a new job or call it done?

In your situation, I would quit. Your job is providing you any life satisfaction, and you don’t need the money it provides. What else is there? Not sure how you pay for medical from now to 65, but read up on it. If you have significant taxable accounts, and can manage your MAGI, you may qualify for ...
by Normchad
Sun Jun 13, 2021 2:11 pm
Forum: Personal Consumer Issues
Topic: Another thread on "Which car should I buy?"
Replies: 40
Views: 2915

Re: Another thread on "Which car should I buy?"

Have you test driven all these vehicles? That's how I usually narrow it down. No test drives yet. We will be relocating to the USA from abroad in early July, so I am not in a position to test drive. This is pre-arrival intelligence gathering. I really do not want to test drive 5 different makes and...
by Normchad
Sun Jun 13, 2021 2:01 pm
Forum: Personal Consumer Issues
Topic: Tire flat fixing for beginners
Replies: 143
Views: 6516

Re: Tire flat fixing for beginners

I’ve never had to change a flat tire in the road before, but have done it at home a few times. I think it’s like long division, everybody should know how to do it, even if they will never actually do it. Safety is always first. I’m the only male in the house. I’ve taught my wife how to change the sp...
by Normchad
Sun Jun 13, 2021 1:31 pm
Forum: Personal Investments
Topic: So tempted to pull the trigger and Retire
Replies: 61
Views: 6710

Re: So tempted to pull the trigger and Retire

It sounds like you are asking if COASTFire is appropriate for you. It all comes down to expenses. If that $40k number is accurate. For me, nailing down the expenses number has been the hardest part. You have a good portfolio now. If you could find a different job that you liked better, and it covere...
by Normchad
Sat Jun 12, 2021 5:36 pm
Forum: Personal Consumer Issues
Topic: What would you do and why? [HELOC to buy used Porsche]
Replies: 81
Views: 5768

Re: What would you do and why? [HELOC to buy used Porsche]

There are different ways to look at it. The HELOC might be the mathematically optimal way to do it, of the two choices you presented. For me though, I never want to owe more money for my house. I’ve seen too many people use HELOCS for things, and eventually lose their homes. In essence what they did...
by Normchad
Sat Jun 12, 2021 2:49 pm
Forum: Personal Consumer Issues
Topic: Another thread on "Which car should I buy?"
Replies: 40
Views: 2915

Re: Another thread on "Which car should I buy?"

I personally owned a Mazda CX-5 Touring, and recommend it without reservation. I actually think it was so good, that it was a bargain. I found it be very comfortable, good looking, and feature complete.
by Normchad
Fri Jun 11, 2021 3:44 pm
Forum: Personal Consumer Issues
Topic: Where to get podcasts without activity being tracked?
Replies: 12
Views: 1243

Re: Where to get podcasts without activity being tracked?

I guess I have to ask. I just use the iPhone podcast app for all my podcasts. As far as I know, they’re not tracking me. Or if they are, I’m not seeing anything obvious. How would I know? What evidence would I see? I listen to a lot of stuff from the Malcolm Gladwell conglomerate for instance. I nev...
by Normchad
Thu Jun 10, 2021 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate agent reluctant to show offers to the seller prior to decision
Replies: 99
Views: 9646

Re: Real estate agent reluctant to show offers to the seller prior to decision

In some states realtors are going to redact personal information about the buyer (such as surname, gender(s), marriage status) to ensure compliance with federal and state fair housing laws and other statutes. There are laws, there are brokerage policies, and there are realtor preferences (often gui...
by Normchad
Thu Jun 10, 2021 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Maybe housing prices are not as inflated as they seem
Replies: 13
Views: 1754

Re: Maybe housing prices are not as inflated as they seem

I know every market is different, but I live in a nice Philly suburb that is probably representative of other desirable parts of the country. In 2000, new construction townhouses were starting around 190 (my parents got theirs for 230 all in). In 2005, I paid 325 for the same thing in the same deve...
by Normchad
Thu Jun 10, 2021 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Maybe housing prices are not as inflated as they seem
Replies: 13
Views: 1754

Re: Maybe housing prices are not as inflated as they seem

I know every market is different, but I live in a nice Philly suburb that is probably representative of other desirable parts of the country. In 2000, new construction townhouses were starting around 190 (my parents got theirs for 230 all in). In 2005, I paid 325 for the same thing in the same deve...
by Normchad
Wed Jun 09, 2021 9:26 pm
Forum: Personal Investments
Topic: Transfer 529 to adult child and pay tax
Replies: 3
Views: 520

Re: Transfer 529 to adult child and pay tax

Do you want the money to still be in a 529? Or do you just want the kid to have the money? If you just want them to have the money, just make a distribution from the plan, directly to them. If you want it to remain in a 529, just switch the owner. When I looked into years ago, it wasn’t clear if tha...
by Normchad
Wed Jun 09, 2021 2:48 pm
Forum: Personal Consumer Issues
Topic: new computer? Apple desktop?
Replies: 57
Views: 4103

Re: new computer? Apple desktop?

I don’t replace them often. Would you consider a Mac Mini? They are very small, and relatively cheap compared to an iMac. The iMac is super gorgeous. And I used to own one, but it eventually died and I didn’t buy another one. I got a MacBook Pro that I use with a docking station. I really like that ...
by Normchad
Wed Jun 09, 2021 12:41 pm
Forum: Personal Consumer Issues
Topic: When did cars start good safety features?
Replies: 89
Views: 4847

Re: When did cars start good safety features?

Since it’s a safety thread, I will point out that my Tesla model 3, for all its techno wizardry, does not have blind spot monitoring. Having driven in a friends Tesla Model 3 (I think that was the model) when the feature activated, isn't "Lane Departure Avoidance" kind of a work around fo...
by Normchad
Wed Jun 09, 2021 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Home seller (at-least initially) declined only offer at list price
Replies: 97
Views: 10452

Re: Home seller (at-least initially) declined only offer at list price

cheese_breath wrote: Wed Jun 09, 2021 11:37 am Is this through FSBO or realtor? IF FSBO he can do whatever he wants. If through realtor he might owe realtor a commission.
I actually hope the seller gets stuck paying the commission, and never sells the house.
by Normchad
Tue Jun 08, 2021 9:39 pm
Forum: Personal Consumer Issues
Topic: Backing up family memories: HDD, SSD, Cloud?
Replies: 24
Views: 1703

Re: Backing up family memories: HDD, SSD, Cloud?

I’ve got the stuff in many places. Thumb drives. DVDs. Some in the cloud. This stuff is super important though. I actually have all the pictures I keep, developed on to paper. So I’ve got a huge heavy tub full of pictures. In Avery real way, I think I am less likely to lose them when they exist phys...
by Normchad
Tue Jun 08, 2021 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: the math is really off in this cnbc (and acorns) article regarding compounding interest
Replies: 3
Views: 859

Re: the math is really off in this cnbc (and acorns) article regarding compounding interest

I tried a random online calculator and came up with 1.13M after 45 years.... so I agree with you.... There are a ton of media outlets out there. And they have to keep cranking out content to drive traffic and get ad sales. A lot of people making this content have no idea what they are talking about....
by Normchad
Tue Jun 08, 2021 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Flooded
Replies: 11
Views: 1349

Re: Flooded

Emergency funds are used to cover emergencies. In my world this would be an emergency that is covered by my emergency fund. If I had an emergency it would also eliminate a new car until I had time to re-save the emergency fund. I don’t mix my kids tuition funds with other savings, so in my house th...
by Normchad
Tue Jun 08, 2021 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Home seller (at-least initially) declined only offer at list price
Replies: 97
Views: 10452

Re: Home seller (at-least initially) declined only offer at list price

I would laugh and say the real estate agent will probably have to reduce their commission, so that the seller nets more money. +1. I’d walk away. They’re not serious. I wouldn’t do business with people like that. I guarantee you they will be a PITA during the entire process. I don't see why. Many a...
by Normchad
Tue Jun 08, 2021 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Home seller (at-least initially) declined only offer at list price
Replies: 97
Views: 10452

Re: Home seller (at-least initially) declined only offer at list price

livesoft wrote: Tue Jun 08, 2021 7:07 pm I would laugh and say the real estate agent will probably have to reduce their commission, so that the seller nets more money.
+1. I’d walk away. They’re not serious.

I wouldn’t do business with people like that. I guarantee you they will be a PITA during the entire process.
by Normchad
Tue Jun 08, 2021 2:37 pm
Forum: Personal Consumer Issues
Topic: When did cars start good safety features?
Replies: 89
Views: 4847

Re: When did cars start good safety features?

... It also does *not* have a touchscreen display that requires you to take your eyes off the road when modifying settings. Absolutely! Our Civic 2012 is all real buttons. The Kia Sedona 2016 has an infotainment system that is quite dangerous to operate by comparison. I'd like to hear more what peo...
by Normchad
Tue Jun 08, 2021 12:49 pm
Forum: Personal Consumer Issues
Topic: Quicken Windows min system requirements?
Replies: 9
Views: 594

Re: Quicken Windows min system requirements?

I run Quicken on a relatively powerful desktop PC (i9-9900K, 64gb RAM, fast NVME for storage). It's slow. Sometimes painfully, like when I switch accounts and it auto-reconciles. But I've got 20 years worth of transactions across 50+ accounts. I keep thinking I'm going to start fresh with a new lib...
by Normchad
Tue Jun 08, 2021 12:43 pm
Forum: Personal Consumer Issues
Topic: Attic fans not working
Replies: 42
Views: 3095

Re: Attic fans not working

Are these fans a regional thing? I've never heard of them. I had heard of whole house fans but thought they were a 1970s energy crisis sort of thing. A whole house fan a 1970's energy crisis thing? Don't have one, because no where to put it that wouldn't be very, very visible. Lots of heat build up...
by Normchad
Tue Jun 08, 2021 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: How much did you spend on your kids college beyond 529?
Replies: 28
Views: 1649

Re: How much did you spend on your kids college beyond 529?

So she worked hard to get a full scholarship, and when she graduated from college, she walked away with 70K in unused 529 funds. How does that work? Can the child be given the money tax-free? There were no penalties, since a scholarship was involved. But there were taxes on the earnings. Of that 70...
by Normchad
Tue Jun 08, 2021 11:57 am
Forum: Personal Finance (Not Investing)
Topic: How much did you spend on your kids college beyond 529?
Replies: 28
Views: 1649

Re: How much did you spend on your kids college beyond 529?

I didn’t pay a penny beyond the 529. We told the kid that was the budget, and it was her responsibility to figure out how to make it work. If she went over, she’d have to get the money from someplace. And if there was leftovers, she could keep it. So she worked hard to get a full scholarship, and wh...
by Normchad
Mon Jun 07, 2021 9:05 pm
Forum: Personal Consumer Issues
Topic: When did cars start good safety features?
Replies: 89
Views: 4847

Re: When did cars start good safety features?

Yes unfortunately she had her second accident in the first year of driving. Both "might" have been prevented or mitigated with better safety features. She has lots to learn about better driving and, as grandparents, we of course worry about future possiblitlies. She is taken a special cou...
by Normchad
Mon Jun 07, 2021 8:28 pm
Forum: Personal Consumer Issues
Topic: When did cars start good safety features?
Replies: 89
Views: 4847

Re: When did cars start good safety features?

There are probably a lot of different opinions about which safety features are important, and which are nice to have. For me, 2012 sounds about right. I think the most significant safety features have been seat belts, air bags, antilock brakes, and electronic stability control. I think those were al...
by Normchad
Mon Jun 07, 2021 7:56 pm
Forum: Personal Consumer Issues
Topic: Home Gym or “Real Gym”
Replies: 94
Views: 5517

Re: Home Gym or “Real Gym”

Some people do great working out at home, with a setup like you describe. If you are one of them, it’s a great idea and should save you time and money. For some people though, they spend the money and buy the equipment. Then never use it. They would have been better off joining a gym, realizing they...
by Normchad
Mon Jun 07, 2021 7:40 pm
Forum: Personal Consumer Issues
Topic: plumber cost to "run snake to unclog pipes"
Replies: 66
Views: 4334

Re: plumber cost to "run snake to unclog pipes"

Maybe not relevant to OP but I always find it interesting that people frequently think skilled, blue-collar trades overcharge yet are much less likely to speak up about attorneys charging $400 / hour or some such amount. Very true. These are skilled people. They know more than me, and they are bett...
by Normchad
Mon Jun 07, 2021 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Return to Work - How is your company dealing with it?
Replies: 260
Views: 23645

Re: Return to Work - How is your company dealing with it?

One Megacorp I'm familiar with plans to reduce HQ by about 1/3, and canceled all expansion plans based on the new 2 days/week rotating model and acceleration of whole sale department moves to China. They have deemed the "partial outsourcing/flex resource" model a failure so are mandating ...
by Normchad
Mon Jun 07, 2021 2:21 pm
Forum: Personal Consumer Issues
Topic: Did you make any lifestyle changes after hitting 500k NW?
Replies: 61
Views: 4977

Re: Did you make any lifestyle changes after hitting 500k NW?

Didn’t change a thing.

I think we got a fancy dinner after hitting a million though. Honestly, achieving those milestones felt less satisfying than I imagined they would be.
by Normchad
Mon Jun 07, 2021 2:16 pm
Forum: Personal Consumer Issues
Topic: plumber cost to "run snake to unclog pipes"
Replies: 66
Views: 4334

Re: plumber cost to "run snake to unclog pipes"

I’m not surprised by that price.

Did it fix the problem? If so, I’d let it go. You actually knew the price ahead of time.

If it didn’t fix the problem, I’d ask them to come back and fix it properly at no additional charge.
by Normchad
Mon Jun 07, 2021 5:29 am
Forum: Personal Consumer Issues
Topic: Quicken Windows min system requirements?
Replies: 9
Views: 594

Re: Quicken Windows min system requirements?

I’ve used Quicken on windows for years. My system is pretty good, but not amazing. It far exceeds the recommended specs though.... I think Quicken is just slow on Windows. From reading around, I found some sites that suggested if you had over 10,000 transactions, it would be slow. I’ve got about 35,...
by Normchad
Sun Jun 06, 2021 8:52 pm
Forum: Personal Consumer Issues
Topic: Hacking
Replies: 22
Views: 2239

Re: Hacking

This doesn’t sound right to me.

I would recommend though, she should go use somebody else’s computer, and lock or freeze her credit everywhere.
by Normchad
Sun Jun 06, 2021 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: When can I splurge a little? (New car purchase)
Replies: 130
Views: 9329

Re: When can I splurge a little? (New car purchase)

I can’t believe people here think OP can’t afford a 50k car or that it is a troubling sign he wants to get one. Add me to the Yes column. If you’re looking for a reliable driver focused car, consider the Kia Stinger. Designed by former BMW employees poached by Hyundai. A Golf R may float your boat ...
by Normchad
Sun Jun 06, 2021 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: mid-life crisis
Replies: 2
Views: 1162

Re: mid-life crisis

Great question. This thread will probably get locked soon. In terms of your finances being on auto-pilot, it looks like you are in great shape. It’s an actual goal of mine to setup my own investments so that they could thrive on autopilot for a decade or more without me.... As for “what’s next”, tha...
by Normchad
Sun Jun 06, 2021 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Return to Work - How is your company dealing with it?
Replies: 260
Views: 23645

Re: Return to Work - How is your company dealing with it?

I do feel that leadership is much more enthusiastic about going back into the office. Meanwhile, though, a survey of our people indicated over 60% want to be completely remote and another 20-plus% want only 1 or 2 days per week in the office. So, there’s certainly a gap between leadership and staff...
by Normchad
Sun Jun 06, 2021 5:00 pm
Forum: Investing - Theory, News & General
Topic: "AMC Drama Is Exposing Risks in $11 Trillion World of Indexing"
Replies: 67
Views: 8706

Re: "AMC Drama Is Exposing Risks in $11 Trillion World of Indexing"

See my thread here . The gyrations of AMC, which is currently 0.05% of the market, no matter how irrational they are, do not pose any terrible risk to someone holding a total stock market index fund. Despite being in the Dow, at the time of its collapse, Enron had a market cap of about $66 billion ...