Search found 2714 matches

by Normchad
Mon Jul 26, 2021 10:14 pm
Forum: Personal Consumer Issues
Topic: Brass front door kickplate: paint or remove?
Replies: 20
Views: 1451

Re: Brass front door kickplate: paint or remove?

A lot of them are purely ornamental now. My door is metal, and also has the brass kick plate. If you like it, and it’s nasty, just buy a new one. They’re cheap. If you just want to paint your door, just paint around it. If you have a wood door, and live in the north someplace, they make more sense I...
by Normchad
Mon Jul 26, 2021 10:09 pm
Forum: Investing - Theory, News & General
Topic: Actual headline: "Analyst: A stock market pullback is 'going to happen at some point.'"
Replies: 29
Views: 3441

Re: Actual headline: "Analyst: A stock market pullback is 'going to happen at some point.'"

Total word salad. And in the quote from OP, they don’t actually say anything at all. I think it was stocknoob that nailed the BH2020 contest. I will lesson to stocknoob, but ignore everybody else. I’ll further predict that at some point, my kid will look at the stock prices of 2021 and shake their ...
by Normchad
Mon Jul 26, 2021 10:08 pm
Forum: Investing - Theory, News & General
Topic: Actual headline: "Analyst: A stock market pullback is 'going to happen at some point.'"
Replies: 29
Views: 3441

Re: Actual headline: "Analyst: A stock market pullback is 'going to happen at some point.'"

Total word salad. And in the quote from OP, they don’t actually say anything at all.

I think it was stocknoob that nailed the BH2020 contest. I will lesson to stocknoob, but ignore everybody else.
by Normchad
Mon Jul 26, 2021 9:55 pm
Forum: Personal Investments
Topic: Really how many times your annual spending?
Replies: 51
Views: 3716

Re: Really how many times your annual spending?

This is how I would ultimately like to do it. How would one do the calculation or determine what's enough? Just as an example, let's say you're 55 with 22x expenses and can take SS in 7 years. SS will be 0.33 years of expenses each year. So essentially you'd be taking withdrawals of 4.54% for 7 yea...
by Normchad
Mon Jul 26, 2021 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Are Private Universities Worth It Compared to State Universities?
Replies: 116
Views: 5653

Re: Are Private Universities Worth It Compared to State Universities?

None of the Supreme Court justices went public for undergrad, so beware of that. A few of them went to Stanford for undergrad I believe. But obviously that’s a ludicrous way to make a decision. I’m solidly in the “it just doesn’t matter” where you go to school; it matters what you do while you’re in...
by Normchad
Mon Jul 26, 2021 9:44 pm
Forum: Personal Investments
Topic: Really how many times your annual spending?
Replies: 51
Views: 3716

Re: Really how many times your annual spending?

Are people using “after-tax” savings, tax-deferred or both for this calculation? 25x annual expenses would require more $ if the majority of my savings were locked in a tax-deferred 401K versus a Roth for example… Annual expenses include taxes. If the vast majority of your money is in your 401k, yo...
by Normchad
Mon Jul 26, 2021 12:01 pm
Forum: Personal Consumer Issues
Topic: Rock Bands/performers that Have Stood the Test of Time
Replies: 48
Views: 1771

Re: Rock Bands/performers that Have Stood the Test of Time

regularguy455 wrote: Mon Jul 26, 2021 11:24 am Gotta go with The Eagles. Don Henley still has it.
I saw Don Henley a few years back. I didn’t realize how old he was….. it was a great show, and you’re right, he still has it.
by Normchad
Mon Jul 26, 2021 11:56 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3636
Views: 605054

Re: What are you up YTD? [Year To Date]

HeadHunter wrote: Mon Jul 26, 2021 6:47 am NW up $992,073 YTD. Seems more interesting to me than my portfolio return of 15%.
This is also the way that I measure it. It’s all about the Benjamin’s. I don’t care where they come from, as long as they show up in droves.
by Normchad
Sun Jul 25, 2021 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: What are your “rules” for how much real estate you’re comfortable buying?
Replies: 27
Views: 2373

Re: What are your “rules” for how much real estate you’re comfortable buying?

Net worth has zero to do with buying real estate, as a recent thread covered. Zero. Income determines how much real estate one is comfortable having, because that's how you pay for it. If retired, an asset based mortgage computes income off assets. +1. I will add though, for me, if I were worth $10...
by Normchad
Sun Jul 25, 2021 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: What is the average savings rates for bogleheads?
Replies: 225
Views: 14589

Re: What is the average savings rates for bogleheads?

I also think that if you are saving half of your income at $40,000, and thinking you are saving 1x expenses per year, there may be some false hope in that belief. It's one thing to be single with no spouse or kids, and company paid health insurance, but if those aspects of your life change, your re...
by Normchad
Sun Jul 25, 2021 8:35 am
Forum: Personal Investments
Topic: 529 Documentation for at-home student?
Replies: 4
Views: 358

Re: 529 Documentation for at-home student?

My daughter will be starting college in a month. She'll be living at home. Her school lists R&B at $16,820 per year, and does not differentiate between on-campus / off-campus / at home costs. Is a print out of a webpage sufficient documentation for 529 withdrawal, or does IRS require more than ...
by Normchad
Sun Jul 25, 2021 8:31 am
Forum: Personal Finance (Not Investing)
Topic: What is the average savings rates for bogleheads?
Replies: 225
Views: 14589

Re: What is the average savings rates for bogleheads?

I'm sure it happens. I find the savings rate threads confusing because of all the different ways somebody can calculate their savings rate. OP asked for net of taxes and several people posted their gross savings rate. Maybe we need a complete list for the numerator and denominator to define both gr...
by Normchad
Sun Jul 25, 2021 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever taken a huge salary cut to live somewhere you wanted to be?
Replies: 35
Views: 4467

Re: Have you ever taken a huge salary cut to live somewhere you wanted to be?

z3r0c00l wrote: Sun Jul 25, 2021 5:53 am I think you have worked long and hard enough to take a pay cut and do something you will enjoy for a few years. Consider it a half-retirement which you say you can afford. My only hesitation on that front would be the pandemic which has become very variable by country.
+1. Beautifully said.
by Normchad
Sun Jul 25, 2021 1:36 am
Forum: Personal Finance (Not Investing)
Topic: Whats the point of building wealth?
Replies: 32
Views: 2942

Re: Whats the point of building wealth?

Being poor sucks. The point is to not be poor.
by Normchad
Sat Jul 24, 2021 3:56 pm
Forum: Investing - Theory, News & General
Topic: Is VPW a safer retirement strategy than SWR?
Replies: 216
Views: 10193

Re: Variable Percentage Withdrawal (VPW)

I use VPW as a structured way to provide regular monthly income. With this system my income will be variable, as it depends on the market's performance. However, my budget (i.e. expected spending) is calculated separately and takes into account the possibility of a severe market crash. My spending ...
by Normchad
Sat Jul 24, 2021 12:24 pm
Forum: Personal Consumer Issues
Topic: Tesla Model Y Ride + Quality
Replies: 190
Views: 17426

Re: Tesla Model Y Ride + Quality

I also own and love my Tesla. You’re right though about the EV exaggerators. To them, there are no downsides or inconveniences at all. It’s tough to take a group like that seriously. One interesting anti-gas argument I have heard, which I think has merit, is from women. Many of them say they just do...
by Normchad
Sat Jul 24, 2021 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: What is the average savings rates for bogleheads?
Replies: 225
Views: 14589

Re: What is the average savings rates for bogleheads?

Yep. Different strokes for different folks.

I have coworkers who save nothing for the future.

Turns out they retired from the military in their 40s, and their pensions, lifetime healthcare, and SS is all they will need. Makes sense to me.
by Normchad
Fri Jul 23, 2021 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Owner's title insurance for cash purchase - lawyer says mandatory
Replies: 69
Views: 4742

Re: Owner's title insurance for cash purchase - lawyer says mandatory

supalong52 wrote: Fri Jul 23, 2021 6:06 pm Penny wise, pound foolish to skip out on owner's title insurance. Although in our case, the seller paid for it.
+1. “I can pay cash for this house. Don’t want to pay 4K for Insurance though”.
by Normchad
Fri Jul 23, 2021 12:03 pm
Forum: Personal Investments
Topic: If you had No Significant Pension or SS what asset allocation would you chose for a 30 year time period?
Replies: 20
Views: 1282

Re: If you had No Significant Pension or SS what asset allocation would you chose for a 30 year time period?

Personally, I’m very near retirement and I’m considering putting 100% of everything in VSMGX, Vanguard Life Strategy Moderate Growth. And I’ve got reasons. 1. It’s balanced 60/40 stocks/bonds 2. It’s balanced between US and International 3. It doesn’t ever get out of balance 4. It may not be perfect...
by Normchad
Thu Jul 22, 2021 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring Early Just on Savings (i.e. No Significant Pension or SS) mitigating market risks
Replies: 36
Views: 5244

Re: Retiring Early Just on Savings (i.e. No Significant Pension or SS) mitigating market risks

I won’t have a pension. I will have SS eventually. I’ve concluded that I’m completely comfortable with using a fixed 3.6% WR forever. However it looks like I’ll actually start using something much closer to 3.2% I’m just not worried about running out of money. I’m not a worrier by nature though. We ...
by Normchad
Thu Jul 22, 2021 6:38 pm
Forum: Investing - Theory, News & General
Topic: Do Indexers even need to pay attention to market valuation?
Replies: 165
Views: 13815

Re: Do Indexers even need to pay attention to market valuation?

Valuations simply give you information about how much you are paying today (PV) in relation to the (best estimation of) long-term value you'll receive far into the future (FV). That's it. Pretty basic math can solve the equation for expected returns over a give time period and based on whatever inp...
by Normchad
Thu Jul 22, 2021 3:48 pm
Forum: Personal Consumer Issues
Topic: Tesla Model Y Ride + Quality
Replies: 190
Views: 17426

Re: Tesla Model Y Ride + Quality

I have a different question about the Model Y. My daughter lives in Indianapolis and I live in Pittsburgh. She just bought a Model Y and says it will require two charging stops to get from there to here via Interstate 70. It's 375 miles door to door, and she'll probably be driving, honestly, at abo...
by Normchad
Thu Jul 22, 2021 3:21 pm
Forum: Personal Consumer Issues
Topic: [Dad passed away - Which tools to keep?]
Replies: 29
Views: 3212

Re: [Dad passed away - Which tools to keep?]

I forgot to mention, my dad also passed away and left me a lot of his tools. He was born in the 30s and was a mechanics apprentice in a foreign country before moving to the US and becoming an automotive engineer. So I’ve got a lot of very old hand tools from his days as a mechanic. They are best to ...
by Normchad
Thu Jul 22, 2021 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Apple Pay: value vs. chip credit card
Replies: 69
Views: 4090

Re: Apple Pay: value vs. chip credit card

Most if what I love about it, is is so fast and convenient. I was in California for a week, and literally everyplace I went accepted Apple Pay. You just hold it near the reader, double click the side button, and you’re done in about 5 seconds. That is about how long it takes me to do a chip card tr...
by Normchad
Thu Jul 22, 2021 11:46 am
Forum: Investing - Theory, News & General
Topic: How many Bogleheads "tinker"with their portfolios?
Replies: 48
Views: 5710

Re: How many Bogleheads "tinker"with their portfolios?

I don’t tinker, but I think about it quite a bit…..
by Normchad
Thu Jul 22, 2021 11:41 am
Forum: Personal Consumer Issues
Topic: [Dad passed away - Which tools to keep?]
Replies: 29
Views: 3212

Re: Tools: What you love and what you want?

Are you talking about tools as in things you use to do home improvement projects, or tools to manage generational wealth in the wake of your dad's passing? It is clear that this is about financial tools. It may be that it is the wrong forum topic. It wasn’t clear to me, but you’re probably correct....
by Normchad
Thu Jul 22, 2021 11:04 am
Forum: Personal Consumer Issues
Topic: [Dad passed away - Which tools to keep?]
Replies: 29
Views: 3212

Re: Tools: What you love and what you want?

For power cordless tools I have all Milwaukee M18. Very happy with this platform. For corded power tools I have a mix of Ryobi, Dewalt and Makita. For hand tools I mainly have Harbor Freight which have a lifetime warranty and are cheap. I am not a mechanic so they only get occasional use. +1. You'l...
by Normchad
Thu Jul 22, 2021 11:02 am
Forum: Personal Consumer Issues
Topic: [Dad passed away - Which tools to keep?]
Replies: 29
Views: 3212

Re: Tools: What you love and what you want?

In a lot of cases, if you want really good, pro-Sumer type stuff, you will buy different tools from different companies. I have a Mikita impact driver that I absolutely love. My compound Mitre saw and biscuit jointer are from deWalt though. I’ve got some stuff from Ryobi, but that is typically not s...
by Normchad
Thu Jul 22, 2021 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Apple Pay: value vs. chip credit card
Replies: 69
Views: 4090

Re: Apple Pay: value vs. chip credit card

I’ll rephrase. For me, I can complete the transaction faster than I can even get the card out of my wallet. (And I’m super close to stop carrying a wallet all together. As soon as I can put my drivers license in my phone…..) But I always have my phone in my hand, and that’s not the case for everybo...
by Normchad
Thu Jul 22, 2021 10:50 am
Forum: Personal Finance (Not Investing)
Topic: [Getting a promotion, how do I negotiate a raise?]
Replies: 105
Views: 6937

Re: [Getting a promotion, how do I negotiate a raise?]

5) In summary, it is a business. There is nothing wrong for either side to shop for the best deal. Of course it’s a business, but managers are human and care about the employees’ wellbeing. Not all employees, but most. There’s an aspect of threading the needle to take note of employees’ situations ...
by Normchad
Thu Jul 22, 2021 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Apple Pay: value vs. chip credit card
Replies: 69
Views: 4090

Re: Apple Pay: value vs. chip credit card

There's obviously also the convenience of being able to carry many cards without the bulk. For those who like to optimize cash back / points (e.g. one card earns 5X points at supermarkets, another card earns 5X at office supply stores) this is a nice perk. This is a really good point I didn’t even ...
by Normchad
Thu Jul 22, 2021 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Apple Pay: value vs. chip credit card
Replies: 69
Views: 4090

Re: Apple Pay: value vs. chip credit card

Most if what I love about it, is is so fast and convenient. I was in California for a week, and literally everyplace I went accepted Apple Pay. You just hold it near the reader, double click the side button, and you’re done in about 5 seconds. That is about how long it takes me to do a chip card tr...
by Normchad
Thu Jul 22, 2021 10:37 am
Forum: Personal Finance (Not Investing)
Topic: [Getting a promotion, how do I negotiate a raise?]
Replies: 105
Views: 6937

Re: [Getting a promotion, how do I negotiate a raise?]

I don't think this is the case for OP; but something I see a lot is people rise up, are successful, and get paid well. And slowly but surely, they plateau, and at some point, they are no longer worth what they are paid. They never realize this of course, and think the big raises should just keep co...
by Normchad
Thu Jul 22, 2021 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Apple Pay: value vs. chip credit card
Replies: 69
Views: 4090

Re: Apple Pay: value vs. chip credit card

I absolutely love love love Apple Pay! For me, I always have my phone with me. So that’s not an issue for me. Most if what I love about it, is is so fast and convenient. I was in California for a week, and literally everyplace I went accepted Apple Pay. You just hold it near the reader, double click...
by Normchad
Wed Jul 21, 2021 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: [Getting a promotion, how do I negotiate a raise?]
Replies: 105
Views: 6937

Re: [Getting a promotion, how do I negotiate a raise?]

What I find interesting on here is that people managers, even anonymously on this forum, seem to discourage or claim it is incredibly difficult to increase comp beyond what is being graciously given to you by the organization. And I don’t doubt this is true for the majority of people. What I’m curi...
by Normchad
Wed Jul 21, 2021 9:21 pm
Forum: Personal Consumer Issues
Topic: Colleges for STEM/CS kid - Overall rank or engineering/CS rank?
Replies: 154
Views: 10302

Re: Colleges for STEM/CS kid - Overall rank or engineering/CS rank?

Our younger daughter went to Johns Hopkins. She had a good experience there. The campus is nice, it's Maryland so not very cold. They're ranked high in comp sci and engineering, She got a BS in Mechanical engineering. They offer a minor in robotics at JHU. She went on to get her Ph.D. at UC Berkele...
by Normchad
Wed Jul 21, 2021 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a % of wages legal limit on 401(k) plan contributions?
Replies: 28
Views: 2454

Re: Is there a % of wages legal limit on 401(k) plan contributions?

Assume the question is only for non-HCEs (non-highly compensated employees). The limit is plan wide, so if they plan administrators set it to 10% to limit highly compensated, then the 10% applies to non-highly compensated, most of the time but not always. I have seen in some plans where some segmen...
by Normchad
Wed Jul 21, 2021 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a % of wages legal limit on 401(k) plan contributions?
Replies: 28
Views: 2454

Re: Is there a % of wages legal limit on 401(k) plan contributions?

I believe the IRS also has a limit of how much pay is considered eligible compensation for a 401K plan. I think it’s around 300K or something. So if you make more than that, adjust accordingly.
by Normchad
Wed Jul 21, 2021 6:10 pm
Forum: Investing - Theory, News & General
Topic: Do Indexers even need to pay attention to market valuation?
Replies: 165
Views: 13815

Re: Do Indexers even need to pay attention to market valuation?

I don’t care about valuations. Mostly because there just isn’t anything useful I can do with that information. Maybe not when it comes to when/whether to invest. But I do think it's wise to consider valuations when projecting future returns, since the relationship between the two is well-establishe...
by Normchad
Wed Jul 21, 2021 6:01 pm
Forum: Investing - Theory, News & General
Topic: Do Indexers even need to pay attention to market valuation?
Replies: 165
Views: 13815

Re: Do Indexers even need to pay attention to market valuation?

I don’t care about valuations. Mostly because there just isn’t anything useful I can do with that information. Maybe not when it comes to when/whether to invest. But I do think it's wise to consider valuations when projecting future returns, since the relationship between the two is well-establishe...
by Normchad
Wed Jul 21, 2021 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Strategies for making offers on home
Replies: 61
Views: 4331

Re: Strategies for making offers on home

I thought PEX was a good material to use for pipes? Or is your point that the presence of PEX indicates that the house was repiped, presumably due to a slab leak? I heard that some people proactively repipe to avoid potential leaks. So the fact that they repiped isn’t necessarily a bad indication. ...
by Normchad
Wed Jul 21, 2021 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a % of wages legal limit on 401(k) plan contributions?
Replies: 28
Views: 2454

Re: Is there a % of wages legal limit on 401(k) plan contributions?

userwithconcern wrote: Wed Jul 21, 2021 5:50 pm Assume the question is only for non-HCEs (non-highly compensated employees).
I can set my deferral up to 80% in my employers plan. I’ve never tried it though……

If I retire early next year, I will do that and get as much shoved into the plan as I can.
by Normchad
Wed Jul 21, 2021 4:11 pm
Forum: Personal Consumer Issues
Topic: Do they make hose bibs that don't leak/spray water?
Replies: 19
Views: 1599

Re: Do they make hose bibs that don't leak/spray water?

On my hose bibs, the anti-siphon piece can be removed/unscrewed. By doing so, you are left with a plain old fashion out door faucet.

I don’t recommend this. But it can be done….

This is what mine look like: https://www.lowes.com/pd/ProPlumber-Bra ... er/4330066
by Normchad
Tue Jul 20, 2021 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Private vs Public school .. HCOL .. should I upgrade house for good school district ?
Replies: 40
Views: 2433

Re: Private vs Public school .. HCOL .. should I upgrade house for good school district ?

I bought a new house primarily to switch from a bad public middle school to a good one. It worked out for us.
by Normchad
Tue Jul 20, 2021 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 515
Views: 72231

Re: Austin real estate seems to be slowing down

I’m not in Austin, but it feels like it is cooling down here in Northern Virginia. My neighbor had no problem selling their house in 1 day, but it didn’t get a bazillion silly offers. I’ve been looking at homes in the Dallas area. It seems to be cooling down there as well. Many homes we have seen in...
by Normchad
Tue Jul 20, 2021 8:29 pm
Forum: Personal Consumer Issues
Topic: Buying an iPhone
Replies: 16
Views: 1851

Re: Buying an iPhone

I want to buy an iPhone SE - what's the best way to get a bargain on one? The price on Verizon (my carrier) and Costco online were essentially the same. Should I go in-store? Is there a website that offers better pricing? Or is it all standardized and the same price regardless of sales channel? I t...
by Normchad
Tue Jul 20, 2021 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Strategies for making offers on home
Replies: 61
Views: 4331

Re: Strategies for making offers on home

Are you in love with this house? If you just have to have it, you need to make your best offer. If there are other similarly desirable homes nearby, you don’t need to make such a great offer. Have you ever owned a home before? How smart are you about maintenance problems? I ask because letting a ho...
by Normchad
Tue Jul 20, 2021 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: [Getting a promotion, how do I negotiate a raise?]
Replies: 105
Views: 6937

Re: [Getting a promotion, how do I negotiate a raise?]

I've promoted many people of my career (think of me as a C-level executive and Board Member). I've never had one person try to negotiate the comp change as part of it. Come to think of it, I've never had any try to negotiate a year on year comp raise. They trust my judgement and know I've put a lot...
by Normchad
Tue Jul 20, 2021 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Strategies for making offers on home
Replies: 61
Views: 4331

Re: Strategies for making offers on home

Are you in love with this house? If you just have to have it, you need to make your best offer. If there are other similarly desirable homes nearby, you don’t need to make such a great offer. Have you ever owned a home before? How smart are you about maintenance problems? I ask because letting a hom...
by Normchad
Tue Jul 20, 2021 7:12 pm
Forum: Personal Consumer Issues
Topic: Everyday sneakers: How often do you change?
Replies: 47
Views: 4556

Re: Everyday sneakers: How often do you change?

10-15 years. +1. I’m actually in the same boat. I don’t know why, but my shoes seem to last forever. And Im not sedentary, and I don’t have foot problems. I’m honestly surprised by how frequently people buy néw shoes on this thread. It’s certainly money well spent, and I’d do it too if I needed too...