Search found 2299 matches

by Normchad
Sun May 09, 2021 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Hired College Friend
Replies: 8
Views: 1035

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: 35
Views: 2420

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: 1035

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: 35
Views: 2420

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: 17
Views: 1282

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: 21
Views: 1776

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: 70
Views: 4647

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: 35
Views: 2420

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: 35
Views: 2420

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: 2390
Views: 284433

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: 2027

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: 1968

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: 2390
Views: 284433

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: 2604

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: 78
Views: 5720

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: 78
Views: 5720

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: 2689

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: 2099

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: 2112

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: 2735

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: 6142

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: 85
Views: 9394

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: 901

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: 3917

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: 901

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: 3917

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: 502
Views: 40282

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”. ...
by Normchad
Sun May 02, 2021 6:31 pm
Forum: Investing - Theory, News & General
Topic: Is this time of rising rates any different?
Replies: 9
Views: 1241

Re: Is this time of rising rates any different?

Can someone explain if this period is any different and why I hear so many saying to get out of bonds or increase your stock allocation? Jeremy Siegel and Jeremy Schwartz have issued the following stern warning in a Wall Street Journal article entitled "The Great American Bond Bubble". &q...
by Normchad
Sun May 02, 2021 6:23 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite portfolio management tool or calculator?
Replies: 36
Views: 3757

Re: What is your favorite portfolio management tool or calculator?

Quicken :mrgreen: +1 I have scads of accounts, but overall a very simple portfolio. Quicken is just fine for me...... They used to have an internal link to Morningstar Portfolio X-Ray. Not sure if they still do. But if you want to see how much overlap you have, or what your overall exposure to Emer...
by Normchad
Sun May 02, 2021 6:12 pm
Forum: Investing - Theory, News & General
Topic: Tesla exceeds expectations for Q1
Replies: 108
Views: 7892

Re: Tesla exceeds expectations for Q1

nedsaid wrote: Sun May 02, 2021 6:08 pm
HomerJ wrote: Sun May 02, 2021 12:17 pm
nedsaid wrote: Sun May 02, 2021 9:47 am I am not clever enough to hack your account, that wascalwy Swedroe must have done it.
:P
Very good post.
It was probably Amanda Hugginkiss. I’m looking for Amanda Hugginkiss......
by Normchad
Sun May 02, 2021 12:36 pm
Forum: Personal Consumer Issues
Topic: Lexus or Tesla?
Replies: 193
Views: 13019

Re: Lexus or Tesla?

How long does it take to charge from 10 percent to full? It takes max 5 min at gas station to go from 0 to 100 percent. I am sick of tesla owners trying to defend its pathetic charging problem. Electric car only works with charger at home and very unusable without charger at home. Even worse for lo...
by Normchad
Sun May 02, 2021 12:32 pm
Forum: Personal Consumer Issues
Topic: Lexus or Tesla?
Replies: 193
Views: 13019

Re: Lexus or Tesla?

How long does it take to charge from 10 percent to full? It takes max 5 min at gas station to go from 0 to 100 percent. I am sick of tesla owners trying to defend its pathetic charging problem. Electric car only works with charger at home and very unusable without charger at home. Even worse for lo...
by Normchad
Sun May 02, 2021 12:20 pm
Forum: Personal Consumer Issues
Topic: Lexus or Tesla?
Replies: 193
Views: 13019

Re: Lexus or Tesla?

I have a Lexus LS. Although 25+ years, it still runs great with minimum maintenance. My car has belt so I have to change it as part of maintenance. New Lexus cars have timing chains so the maitenance can be lower to just brakes and oil. If the desire is to keep it as long as possible, then you can ...
by Normchad
Sat May 01, 2021 7:31 pm
Forum: Investing - Theory, News & General
Topic: Bill Maher on Cryptocurrency
Replies: 87
Views: 6182

Re: Bill Maher on Cryptocurrency

I’m waiting for the BH website to be updated so we can donate Bitcoin to support it..... when that happens, then we will know it’s real!
by Normchad
Fri Apr 30, 2021 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for jobs for which you are mostly qualified
Replies: 26
Views: 2047

Re: Applying for jobs for which you are mostly qualified

Since everything is done online, I would apply if I were you. You don't have anything to lose. This is correct. A lot of people are bad at writing those job ads. In a lot of cases, they are describing their perfect ideal candidate. In most cases, they won’t find that person, and will have to compro...
by Normchad
Fri Apr 30, 2021 12:48 pm
Forum: Investing - Theory, News & General
Topic: Tesla exceeds expectations for Q1
Replies: 108
Views: 7892

Re: Tesla exceeds expectations for Q1

Interesting article on Tesla on seekingalpha about Dojo and AI. If they can get their AI working to the point of successful Full Self Driving, AND they can offer to sell AI time to other companies to solve their problems, THEN, I agree, Tesla could become the most profitable company in the world. B...
by Normchad
Fri Apr 30, 2021 12:37 pm
Forum: Personal Consumer Issues
Topic: Should I Buy An Electric Car? How Will It Work?
Replies: 64
Views: 2790

Re: Should I Buy An Electric Car? How Will It Work?

EVs are awesome. I have one and I love it. Full disclosure, I also own an Acura RDX. But we are a very long ways away from the demise of the traditional ICE. So unless you really want an EV, I’d have no hesitation about buying an ICE today. EV market share will continue to grow in the US, but we hav...
by Normchad
Thu Apr 29, 2021 10:35 am
Forum: Investing - Theory, News & General
Topic: Tesla exceeds expectations for Q1
Replies: 108
Views: 7892

Re: Tesla exceeds expectations for Q1

https://www.fastcompany.com/90630440/tesla-admits-it-may-never-achieve-full-self-driving-cars The article is an interesting read. There was always a possibility that Full Self Driving would not happen in the short term. And Tesla seems to be hedging that based on their technology, it might not happ...
by Normchad
Wed Apr 28, 2021 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else see drastic increase in Zillow value today?
Replies: 136
Views: 14002

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

Well, I’ll be dipped. I’d previously posted that my zestimate had increased by 50K in the last month. It’s up another 25k today. I’m almost at the point where if somebody rang my door bell, and offered me that amount, I’d just take it and move to an apartment. That number is completely absurd, but ...
by Normchad
Wed Apr 28, 2021 5:14 pm
Forum: Investing - Theory, News & General
Topic: 2021 JD Power study: Vanguard ranks highest in customer satisfaction
Replies: 59
Views: 3433

Re: 2021 JD Power study: Vanguard ranks highest in customer satisfaction

Good to see. I am an very satisfied customer. I know others on the forum are very unhappy with customer service though.
by Normchad
Wed Apr 28, 2021 4:33 pm
Forum: Personal Consumer Issues
Topic: Best time of year for heat pump maintenance?
Replies: 6
Views: 648

Re: Best time of year for heat pump maintenance?

I honestly don't think heat pumps need maintenance. The only thing I can think of that is legit, is perhaps cleaning the "radiator fins" if they get clogged up with pollen or something.... I'm sure I will be shouted down here..... it seems to me though, my acquaintances who get periodic he...
by Normchad
Wed Apr 28, 2021 4:28 pm
Forum: Investing - Theory, News & General
Topic: Tesla exceeds expectations for Q1
Replies: 108
Views: 7892

Re: Tesla exceeds expectations for Q1

Absent China, Tesla is not growing https://i.ibb.co/7rY3vNf/B9228821-269-A-464-F-B946-47-C3954820-B5.jpg What is the take away here? If you take away China, you're really only looking at what they can produce in the single factory in California. that is selling every car it can make. So I'm not sur...
by Normchad
Wed Apr 28, 2021 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Are my expenses too high?
Replies: 130
Views: 11762

Re: Are my expenses too high?

You gross 15K per month. Spending 3,500/month for housing is reasonable. Buy details matter. And your personal preferences matter. Some people are real home bodies, and could comfortably spend a lot more on housing. That makes sense for them, because that’s what’s most important to them. For others,...
by Normchad
Wed Apr 28, 2021 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Townhome sale not going as expected, advice please
Replies: 71
Views: 7655

Re: Townhome sale not going as expected, advice please

Jsdi7873hd wrote: Wed Apr 28, 2021 12:26 pm Just an update here, thanks everyone for their help! Just got an offer at asking! woot!
Awesome! Good things come to those who wait.
by Normchad
Tue Apr 27, 2021 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Job Exit Interview
Replies: 83
Views: 7835

Re: Job Exit Interview

I’m glad I don’t work at the places you all do.....

Sounds like your employers are actually malevolent.
by Normchad
Tue Apr 27, 2021 9:31 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2390
Views: 284433

Re: Post your Financial Milestone Announcements Here

We joined the two comma club today! This is our net worth, slightly over half of which is in our investment portfolio, and most of the rest of which is in our home (which has nearly doubled in value over the last 6 years :shock: ). Next stop, two commas in our portfolio! Congratulations WillThrill!...
by Normchad
Tue Apr 27, 2021 8:39 pm
Forum: Investing - Theory, News & General
Topic: Young Investor's Over Confidence
Replies: 144
Views: 11171

Re: Young Investor's Over Confidence

People can tell you it’s hot, but sometimes you just have to put your hand on the stove..... I was 30 for the dot com implosion, and barely noticed it. I didn’t have that much invested, compared to how much I was adding.... I definitely noticed 2009. That was viscerally sickening.... to lose the val...
by Normchad
Tue Apr 27, 2021 5:33 pm
Forum: Investing - Theory, News & General
Topic: Tesla exceeds expectations for Q1
Replies: 108
Views: 7892

Re: Tesla exceeds expectations for Q1

A guy I follow says that TSLA is the most undervalued company in the NDX 100 based upon future earnings. Called it absurdly cheap, expected to grow CAGR and earnings by 55% over next 5 years. I bet his resume pertaining to market valuations is better than many of the sidelined quarterbacks that lik...
by Normchad
Tue Apr 27, 2021 4:52 pm
Forum: Personal Consumer Issues
Topic: What luggage to buy for young children?
Replies: 11
Views: 794

Re: What luggage to buy for young children?

I’d just give them one of your carry in bags.... or it a backpack with wheels......

Don’t expect it to last for 24 trips......
by Normchad
Tue Apr 27, 2021 4:45 pm
Forum: Investing - Theory, News & General
Topic: Tesla exceeds expectations for Q1
Replies: 108
Views: 7892

Re: Tesla exceeds expectations for Q1

A guy I follow says that TSLA is the most undervalued company in the NDX 100 based upon future earnings. Called it absurdly cheap, expected to grow CAGR and earnings by 55% over next 5 years. I bet his resume pertaining to market valuations is better than many of the sidelined quarterbacks that lik...