Search found 1841 matches

by investingdad
Sat Apr 03, 2021 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Megacorp imposed 401k After-tax contribution cap
Replies: 26
Views: 2346

Re: Megacorp imposed 401k After-tax contribution cap

My mega Corp has a 50% cap. My first employer was privately owned after being splintered off from a holding company. This was in 1996. The HR department was one woman who was more interested in day trading and socializing than doing her job. They had a 15% cap on PRE tax contributions. That meant I ...
by investingdad
Thu Apr 01, 2021 6:43 pm
Forum: Personal Consumer Issues
Topic: How to make strong coffee equivalent to Starbucks for cheaper?
Replies: 125
Views: 9607

Re: How to make strong coffee equivalent to Starbucks for cheaper?

Has anyone mentioned cold brewing? Cold brew caffeine extract is quite high. It also gives a very flavorful and easy drinking cuppa coffee. Twelve hours in a French press in the fridge will do nicely. I'm surprised it took this much thread to mention cold brew. I received a Toddy rig for Christmas ...
by investingdad
Wed Mar 31, 2021 6:16 am
Forum: Personal Consumer Issues
Topic: From your personal experience, bathroom in finished basement?
Replies: 37
Views: 2725

Re: From your personal experience, bathroom in finished basement?

Mostly looking for a simple yes or no, from your experience. We’re refinishing our 600 sf basement and we’re thinking of adding a small half bath. It’s not overly costly but takes up a little more room than we’d like, so now we’re a bit hesitant, but don’t want to regret not doing it (though based ...
by investingdad
Wed Mar 24, 2021 8:05 pm
Forum: Personal Consumer Issues
Topic: Whiplash settlement experience?
Replies: 9
Views: 812

Re: Whiplash settlement experience?

Have you talked to a personal injury attorney? It might be worth a chat. If they offered you $500 to go away, I’m guessing that a quick letter from an attorney might get more. Regardless, it’s worth it to run this by someone who knows how the sausage is made. Nope, but I have an attorney I chat wit...
by investingdad
Wed Mar 24, 2021 8:03 pm
Forum: Personal Consumer Issues
Topic: Whiplash settlement experience?
Replies: 9
Views: 812

Re: Whiplash settlement experience?

It happened about a week and a half ago.

I was thinking of waiting just in case I have some issues pop up later. I don’t think they will, and said as much, but... never had this happen either.

Seems like it would better to wait.
by investingdad
Wed Mar 24, 2021 7:33 pm
Forum: Personal Consumer Issues
Topic: Whiplash settlement experience?
Replies: 9
Views: 812

Whiplash settlement experience?

Without going into a lot of detail, I was rear ended while stopped. The impact was at low speed, maybe 10 mph, but my car was in park so my head took a shot from the headrest. Checked out by urgent care, no serious injury or concussion, but headaches next day that cleared up within 36 hours. No othe...
by investingdad
Sun Mar 21, 2021 11:55 am
Forum: Personal Consumer Issues
Topic: How to make strong coffee equivalent to Starbucks for cheaper?
Replies: 125
Views: 9607

Re: How to make strong coffee equivalent to Starbucks for cheaper?

Has anyone mentioned cold brewing?

Cold brew caffeine extract is quite high. It also gives a very flavorful and easy drinking cuppa coffee.

Twelve hours in a French press in the fridge will do nicely.
by investingdad
Thu Mar 18, 2021 12:29 pm
Forum: Personal Consumer Issues
Topic: What is the BEST thing you spent money on?
Replies: 241
Views: 23255

Re: What is the BEST thing you spent money on?

Fully automatic espresso maker
Violin lessons
One pricey violin
by investingdad
Tue Mar 16, 2021 6:57 am
Forum: Investing - Theory, News & General
Topic: Hitting your numbers. How to estimate when you have enough.
Replies: 175
Views: 20006

Re: Hitting your numbers. How to estimate when you have enough.

If you frame it the right way, you don’t have to hit 25x to enjoy work. It’s all about the mindset. Be free, now. I will never enjoy work. It will just be tolerable once I'm financially independent. The exact opposite is just as likely to happen. You might dislike work even more knowing you don't n...
by investingdad
Sun Mar 14, 2021 8:32 am
Forum: Investing - Theory, News & General
Topic: Day trading is futile.
Replies: 17
Views: 2330

Re: Day trading is futile.

I’m on another forum that’s not investing related.

But there’s a stock and investing thread.

Post just recently went like this:

Do you daytrade?
I’m still a newb, just started three weeks ago, lol. I’m up about 18% so far so doing ok.


:oops:
by investingdad
Sun Mar 14, 2021 7:05 am
Forum: Personal Finance (Not Investing)
Topic: [Third stimulus payment - mega-thread]
Replies: 362
Views: 25849

Re: Received 3rd stimulus check 3/12/21

Awesome. I've been waiting to get the stimmy before sending in my 2020 return. :sharebeer On the other hand, it's about time to buy an engagement ring so I'm sure my $1400 check (and a little more) will be going to stimulate a lucky jeweler. :moneybag Good luck! It’s exciting to be at the start of ...
by investingdad
Sun Mar 07, 2021 9:58 am
Forum: Personal Finance (Not Investing)
Topic: So what kind of raise did you guys get for 2021?
Replies: 222
Views: 16879

Re: So what kind of raise did you guys get for 2021?

I’ll say this... the biggest factor in looking at a lack of meaningful raises or promotions is being very near to FI. While colleagues are climbing over each other to secure the bigger bucks that come from promotions entering late middle career or early late career, our life long saving and investin...
by investingdad
Sun Mar 07, 2021 7:32 am
Forum: Personal Finance (Not Investing)
Topic: So what kind of raise did you guys get for 2021?
Replies: 222
Views: 16879

Re: So what kind of raise did you guys get for 2021?

I’m an engineer at a mega Corp. We have not have Covid layoffs, actually been hiring. I got 2.5% and a 10% bonus to start 2021.

My wife is higher up the food chain at a medium Corp but in the financial side. She got 4.5%, 15% bonus, 20% stock.
by investingdad
Sun Mar 07, 2021 7:24 am
Forum: Personal Consumer Issues
Topic: Help me fix my toilet flush handle - it's too LIGHT!
Replies: 26
Views: 1838

Re: Help me fix my toilet flush handle - it's too LIGHT!

Either move the chain connection further to the end of the lever or attach weight to the end of the lever.

Is it possible the water level isn’t deep enough because the float is too low and the standing water column height it’s insufficient to put much pressure on the valve?
by investingdad
Thu Mar 04, 2021 6:52 am
Forum: Personal Consumer Issues
Topic: Anybody golf at Disney World, course recommendation?
Replies: 0
Views: 207

Anybody golf at Disney World, course recommendation?

We’re planning to (hopefully) take a vacation this summer. We’re staying at Grand Floridian and my son and I would like to get in a round of golf. My wife and I played Oak Trail 9 hole course back in 2001 before we were married and that was my only golf down there. We’re bringing some of our importa...
by investingdad
Wed Mar 03, 2021 10:17 am
Forum: Personal Finance (Not Investing)
Topic: How Do People Without Computer Access Prepare and File Their Taxes?
Replies: 94
Views: 9951

Re: How Do People Without Computer Access Prepare and File Their Taxes?

My parents don’t have Internet access and don’t want it.

My dad goes to his local congressional reps office for a lot of forms, or asks me to print them.

He does quarterly paper returns.
by investingdad
Sat Feb 27, 2021 10:33 pm
Forum: Personal Consumer Issues
Topic: Dental PPO - Cost for Cap/Crown
Replies: 31
Views: 2782

Re: Dental PPO - Cost for Cap/Crown

If you find a dentist you trust and know they do good work, I'd be willing to overpay. Although your quote seems reasonable. I had a root canal and then a crown put on by a dentist I was new to a while back. Some time passed by and I noticed there was a gap under the crown. I got it checked out by ...
by investingdad
Thu Feb 25, 2021 10:28 am
Forum: Personal Consumer Issues
Topic: Cost to build a southern home like you are in Minnesota with pipe protection for freezes
Replies: 95
Views: 6710

Re: Cost to build a southern home like you are in Minnesota with pipe protection for freezes

All this said, I think way colder climates than we see in PA often require 2x6 rather than 2x4 exterior wall construction.
by investingdad
Sun Feb 21, 2021 5:47 pm
Forum: Personal Consumer Issues
Topic: Cost to build a southern home like you are in Minnesota with pipe protection for freezes
Replies: 95
Views: 6710

Re: Cost to build a southern home like you are in Minnesota with pipe protection for freezes

And as others mentioned, northern construction homes don’t insulate pipes. The water main from the street is 4 feet underground, comes in through the basement wall, and is not run along exterior walls.
by investingdad
Sun Feb 21, 2021 5:44 pm
Forum: Personal Consumer Issues
Topic: Cost to build a southern home like you are in Minnesota with pipe protection for freezes
Replies: 95
Views: 6710

Re: Cost to build a southern home like you are in Minnesota with pipe protection for freezes

While I am not in Minnesota, we get lots of weather with below freezing temperature. My house is built on a slab, with all piping in the slab. I asked the builder about the possibility of freezing pipes. He told me that he used PEX tubing. He further explained that it can be blown up with air to te...
by investingdad
Sun Feb 21, 2021 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Revealing net worth
Replies: 251
Views: 16526

Re: Revealing net worth

My parents knew we broke 1 million back when we did. I elected to tell my mom mostly because I was getting the occasional lecture about saving and spending as she perceived we were spending too much given that we had two little kids to take care of. After that, it never came up again. My parents are...
by investingdad
Thu Feb 18, 2021 7:28 am
Forum: Personal Consumer Issues
Topic: Busted water pipe, now what? Help a Texan out.
Replies: 187
Views: 14197

Re: Busted water pipe, now what? Help a Texan out.

My water manifold tree has a shutoff for every supply line in the house. Standard construction. If by standard you mean standard in many newer construction homes then yes. This would be a minuscule fraction of homes across the country. The average person would have never ever lived in a home with a...
by investingdad
Wed Feb 17, 2021 7:33 pm
Forum: Personal Consumer Issues
Topic: Busted water pipe, now what? Help a Texan out.
Replies: 187
Views: 14197

Re: Busted water pipe, now what? Help a Texan out.

Not sure where you landed with the fix OP, but I don’t see any urgent issue here personally. If there’s no water in the lines, then there’s not much risk of additional leaks. Why not just wait for the plumbers? PS. Lol at all the comments about a shutoff valve for EACH hose bib. Surely you don’t me...
by investingdad
Tue Feb 16, 2021 11:18 am
Forum: Personal Consumer Issues
Topic: Busted water pipe, now what? Help a Texan out.
Replies: 187
Views: 14197

Re: Busted water pipe, now what? Help a Texan out.

Are water main lines that enter Texas homes from the street buried below the freeze line? Is there a freeze line?
by investingdad
Tue Feb 16, 2021 9:23 am
Forum: Personal Consumer Issues
Topic: Busted water pipe, now what? Help a Texan out.
Replies: 187
Views: 14197

Re: Busted water pipe, now what? Help a Texan out.

Am I right that most home heating is electric in Texas?

Granted, even a natural gas furnace needs power to operate but a natural gas fireplace with piezoelectric starter does not.
by investingdad
Mon Feb 15, 2021 10:53 pm
Forum: Personal Consumer Issues
Topic: Busted water pipe, now what? Help a Texan out.
Replies: 187
Views: 14197

Re: Busted water pipe, now what? Help a Texan out.

There’s no central manifold for your water lines that lets you isolate and turn off each line, including outdoor faucets? In any case, the sink cabinets on outside walls being opened in a a good idea for when it gets really cold. Truthfully, there’s only so much folks in Texas can do. Homes aren’t b...
by investingdad
Sun Feb 14, 2021 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing mentally for retirement
Replies: 46
Views: 3822

Re: Preparing mentally for retirement

I’m 47 and not yet at the number we need, but we’re closing in. The reality is, we may be able to retire in just a couple years. Actually retiring is daunting in that it means I’m entering a latter phase of life... even though I feel more or less the same as I did in college. Not sure if that makes ...
by investingdad
Fri Feb 12, 2021 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2490
Views: 571130

Re: Share your net worth progression

I wanted to share because it may drop by day’s end, but....

.... just rolled the total to $4 million as of this posting.

Pretty sweet seeing that number.

Hit $1 million at 39, my wife and I are both 47 now.
by investingdad
Sun Feb 07, 2021 11:02 am
Forum: Personal Consumer Issues
Topic: Return to office after covid shutdowns
Replies: 183
Views: 7345

Re: Return to office after covid shutdowns

What has me torqued is that not everyone is being required to come back in. The VP of engineering has decided unilaterally that engineering should be in the office. The finance, accounting, and HR VPs? They're not bringing people back. So only some of us, seemingly arbitrarily, are being required to...
by investingdad
Fri Feb 05, 2021 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2490
Views: 571130

Re: Share your net worth progression

That must have been a sizable TSLA holding relative to the rest of your investments if a ten fold increase in the stock had a similar effect on your NW. That’s correct. So my question is... are you staying in the Tesla or taking the money off the table given the very high concentration? We are in a...
by investingdad
Thu Feb 04, 2021 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2490
Views: 571130

Re: Share your net worth progression

That must have been a sizable TSLA holding relative to the rest of your investments if a ten fold increase in the stock had a similar effect on your NW.
by investingdad
Sun Jan 31, 2021 8:30 am
Forum: Personal Consumer Issues
Topic: Anyone prefer their old golf clubs?
Replies: 53
Views: 4018

Re: Anyone prefer their old golf clubs?

I have a set of Ben Hogan irons, made in Texas, from around 2000 or so. Christmas present from my then girlfriend, now wife.

I still play them, regularly, because they're a great set of irons.
by investingdad
Thu Jan 28, 2021 7:55 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4545
Views: 227805

Re: GameStop GME: anyone joining?

I'm on another forum that has nothing to do with investing, but the OT sub forum has a stock thread. That thread has blown up, with comments like it was 2000 again... Should I get on the train at 350? What do you guys think? I sold it since I was only up 5% after a week. What is the next GME? Can yo...
by investingdad
Sat Jan 09, 2021 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2490
Views: 571130

Re: Share your net worth progression

We increased a bit over 20% this year, I'm pleased. The major milestone synopsis: Age 30, 200k NW Age 39, 1 million NW Age 47, 3.85 million NW Portfolio of funds, 70:30 equities. No Tesla stock ;) We were close in 2014 (first page), but you have really turned it on since I am at a mere $2.5M. Guess...
by investingdad
Fri Jan 08, 2021 7:14 am
Forum: Personal Consumer Issues
Topic: Gaming Console for 12 yo
Replies: 82
Views: 3606

Re: Gaming Console for 12 yo

Our kids, 15 girl and 13 boy, each have a Switch. This year, we got my son an xbox one. He mostly plays sports games. That said, I've been into video games since Atari and am 47 now and still like to play. The Switch is the most thoughtful, tightly engineered, cleanest implementation of any console ...
by investingdad
Tue Jan 05, 2021 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Got my stimulus check, how about you?
Replies: 212
Views: 16262

Re: Got my stimulus check, how about you?

We're not eligible. The delicate part is when our kids, 15 and 13, want to know if we've gotten it. They're not dumb, they can figure out what we earn at minimum knowing we don't get anything. In the end, we reinforced to them that we're both fortunate to have the jobs we do and that's why their edu...
by investingdad
Mon Jan 04, 2021 4:29 pm
Forum: Personal Consumer Issues
Topic: Any multimillionaire's (more than 2mm) out there still mow their own lawn?
Replies: 341
Views: 25969

Re: Any multimillionaire's (more than 2mm) out there still mow their own lawn?

I enjoy an hour of riding the riding mower each nice Saturday.
by investingdad
Fri Jan 01, 2021 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2490
Views: 571130

Re: Share your net worth progression

We increased a bit over 20% this year, I'm pleased.

The major milestone synopsis:

Age 30, 200k NW
Age 39, 1 million NW
Age 47, 3.85 million NW

Portfolio of funds, 70:30 equities. No Tesla stock ;)
by investingdad
Thu Dec 31, 2020 8:46 am
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult? ...Four Years Later
Replies: 255
Views: 43155

Re: Learning Violin as an adult? ...Four Years Later

Four years now since my original post below, a four piece playing sample at the back of the thread. Congratulations on your progress! With what you know now, what advice would you give to someone learning to play? I am interested in learning to play the violin. For example, in hindsight, would you ...
by investingdad
Thu Dec 31, 2020 8:29 am
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult? ...Four Years Later
Replies: 255
Views: 43155

Re: Learning Violin as an adult? ...Four Years Later

I would be self teaching to start. Have you ever met anyone who successfully taught himself to play an instrument? Why, when your age is already against you, would you want to reduce your chances of success by using a dubious method? All the successful musicians I have ever met had had teachers. Hi...
by investingdad
Wed Dec 30, 2020 9:58 am
Forum: Personal Finance (Not Investing)
Topic: What did you spend in 2020?
Replies: 204
Views: 12860

Re: What did you spend in 2020?

We spent 15.5% less in 2020 than in 2019.

The better question is, what did we save?

We probably saved at highest rate ever....40.8% of our take home.

If I correct for 401k savings, our savings rate jumps to 50.2% in 2020.
by investingdad
Wed Dec 23, 2020 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Should I move to PA
Replies: 29
Views: 3229

Re: Should I move to PA

The Royersford area can also include Skippack, Collegeville, etc. There are some nice areas... small town and rural. Pricier and cheaper. Skippack has a quaint little shopping and eating Main street. 422 sucks. You're close to King of Prussia. You could also go over to Bucks county, pay more, and li...
by investingdad
Tue Dec 22, 2020 10:02 am
Forum: Personal Consumer Issues
Topic: 6 years to college degree?????
Replies: 139
Views: 8318

Re: 6 years to college degree?????

I was a chem eng major and graduated in four years. I wanted to stretch it to five for two reasons, but didn't, because my parents were not going to pay for it. 1) I started at a branch campus, which meant ALL of my engineering classes were compressed into two years, that was extremely stressful and...
by investingdad
Mon Dec 21, 2020 7:20 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 170
Views: 18009

Re: After financial independence, do you lose motivation for work?

After achieving financial independence (FI), you know you have enough, do (did) you lose motivation for work? Lost motivation when my salary was deposited into my account and sat unused At a certain point I realized that I was dealing with politics/admin/make-work-projects/meetings for ... ? So I r...
by investingdad
Sun Dec 20, 2020 9:07 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 170
Views: 18009

Re: After financial independence, do you lose motivation for work?

Our megacorp, after laying off a lot of people about 6 years ago has gone on a hiring spree of higher level people... nearly all of them from a single competitor, to the point that the new arrivals are hiring people they used to work with at said rival. They've brought with them their mind numbing p...
by investingdad
Sat Dec 19, 2020 3:20 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 170
Views: 18009

Re: After financial independence, do you lose motivation for work?

jaqenhghar wrote: Sat Dec 19, 2020 1:52 pm
InMyDreams wrote: Tue Nov 28, 2017 11:47 am I had a boss, who talked about his boss's saying: Good employees are 2.5 times their annual salary in debt. ;)
So much truth there but still :shock:
And that's applicable across all salary ranges.

There are plenty of people at the upper echelons of salary in just as much relative debt.
by investingdad
Sat Dec 19, 2020 8:00 am
Forum: Personal Finance (Not Investing)
Topic: What is the Worst Financial Decision/Mistake You Have Made?
Replies: 230
Views: 18477

Re: What is the Worst Financial Decision/Mistake You Have Made?

Not paying the taxes with cash on my wife's RSUs and doing net shares instead.

After a decade of employment, her original RSUs went from 40 to 400.
by investingdad
Thu Dec 17, 2020 5:11 pm
Forum: Personal Consumer Issues
Topic: Best ice making with dispenser refrigerator for under $1600 usd?
Replies: 19
Views: 1278

Re: Best ice making with dispenser refrigerator for under $1600 usd?

I don't know about the particular Samsung you're looking at, but our French door Samsung model has a known design flaw that causes the icemaker to frost up and quit working. You might want to investigate that problem. It's not fun. Hahahahaha.... I just called Home Depot today on our extended warra...
by investingdad
Fri Dec 11, 2020 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2490
Views: 571130

Re: Share your net worth progression

At age 36, our net worth is currently $3.4 million, about a third of which is home equity. We've been in the workforce for 11 years (with bouts of unemployment) and our household gross income has ranged from $160-300k. Considering I started learning about investing just 6 years ago, I'm astonished ...
by investingdad
Thu Dec 10, 2020 10:43 am
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult? ...Four Years Later
Replies: 255
Views: 43155

Re: Learning Violin as an adult? ...Four Years Later

The four piece sample for the four year follow up... https://drive.google.com/file/d/13FDsS8nEN-wQNe8eOUzbys7KjCYNHU4G/view?usp=drivesdk https://drive.google.com/file/d/13E46qPsVx4gOaiWsYtJROFYtRxaVrGpy/view?usp=drivesdk https://drive.google.com/file/d/13AYeq3hP8uEtQNhL29QZ_iX3gPs33pfn/view?usp=driv...