Search found 702 matches

by DVMResident
Fri Jul 31, 2015 10:47 am
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 156
Views: 14367

Re: Free Windows 10 Upgrade, Yes or No?

"Generally my advice with a new OS is wait for the first service pack or maintenance (non-security) update. Then upgrade, so you are taking full advantage of the latest enhancements (especially security related)." Windows 10 isn't going to follow the traditional pattern of patches and ser...
by DVMResident
Thu Jul 30, 2015 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrated with low raise
Replies: 44
Views: 2839

Re: Frustrated with low raise

Sorry, OP. It must be frustrating. I also got "exceeds expectations" (top 20% in our organization). Got a 2.01% raise. We've had retention issues. HR holds focus groups to find out why and how to stop people from leaving. Employees say "pay us more", "2% raises don't cut it&...
by DVMResident
Wed Jul 29, 2015 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity one-on-one financial guidance consultations
Replies: 3
Views: 380

Fidelity one-on-one financial guidance consultations

Fidelity comes a few times a year to my worked to give these one-on-one consultations.

Has anybody gone to these consultations?
Useful or waste of time?
by DVMResident
Wed Jul 29, 2015 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Who are you able to share good financial news with?
Replies: 71
Views: 4084

Re: Who are you able to share good financial news with?

Spouse, family, my adviser from grad school (a close friend/mentor), and 2 life-long friends (who are successful on their own).

Not co-workers. And definitely not the in-laws :!:
by DVMResident
Tue Jul 28, 2015 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Is FFNOX similar to the 3 fund portfolio?
Replies: 7
Views: 428

Re: Is FFNOX similar to the 3 fund portfolio?

You have to squint pretty hard to tell the difference between
VG's 2035 TD and FFNOX over the past 10 years.

Your plan is simple, solid, and easy to execute. I like it :)
by DVMResident
Tue Jul 28, 2015 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Just Got Financially Independent
Replies: 32
Views: 3001

Re: Just Got Financially Independent

Congratulations! That's huge and the reward of hard work. Question: how did you pick your "desired age of retirement"? Normally, I think of retirement can occur when investments returns > expenses. Never thought of desiring to achieve a particular age (outside of the usual age requirements...
by DVMResident
Mon Jul 27, 2015 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Rental with heavy appreciation and decent cash-flow – sell or keep?
Replies: 14
Views: 1381

Re: Rental with heavy appreciation and decent cash-flow – sell or keep?

Here's what I'm thinking now: -Hold rental for ~1 more year to give DW time to find a job so we know where to live, then sell -Do a 1031 exchange for our desired primary residence -Renting out new home for 2 years to meet the personal-use exclusion of the 1031 exchange (1) -Move-in The timing would ...
by DVMResident
Mon Jul 27, 2015 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: What advice would you give...Salary bumping up from 37k to 45k annually
Replies: 15
Views: 1361

Re: What advice would you give...Salary bumping up from 37k to 45k annually

Congratulations! :sharebeer Couple questions: -How much are currently saving? -Do you have an emergency fund? I'd fill this out first to smooth out the unpredictable financial hits. -Does your 401(k) give a match? You to contribute at least this much. Not getting the match is losing part of your sal...
by DVMResident
Sun Jul 26, 2015 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Rental with heavy appreciation and decent cash-flow – sell or keep?
Replies: 14
Views: 1381

Re: Rental with heavy appreciation and decent cash-flow – sell or keep?

OP here. Larger picture requested for more informed advice: Emergency funds: $25k (~6 months expenses, could stretch to ~9 month if lost job/moved in with family) Debt: $6k student loans @ 2.X%; mortgage on rental $393k @ 3.5%, 3 year into a 30 year Tax Filing Status: Married Tax Rate: 25% Federal, ...
by DVMResident
Sun Jul 26, 2015 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Rental with heavy appreciation and decent cash-flow – sell or keep?
Replies: 14
Views: 1381

Re: Rental with heavy appreciation and decent cash-flow – sell or keep?

If you bought the unit at it's current market price and interest rate could you still rent it out and at least break even? If purchased today, near zero cash-flow assuming 20% down, 30-year @ 4% fixed. The value:rent does not justify a good investment. However, there are steep transactional costs a...
by DVMResident
Sat Jul 25, 2015 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Rental with heavy appreciation and decent cash-flow – sell or keep?
Replies: 14
Views: 1381

Re: Rental with heavy appreciation and decent cash-flow – sell or keep?

I'd sell. In fact, something similar happened to me recently in one of the areas where I invest, although my properties are worth a lot less than yours. My property appreciated by 40%+ in about 18 months. The rent didn't increase commensurately, so I took my profit and got out. You're returning 5% ...
by DVMResident
Sat Jul 25, 2015 12:12 am
Forum: Investing - Help with Personal Investments
Topic: Rental with heavy appreciation and decent cash-flow – sell or keep?
Replies: 14
Views: 1381

Re: Rental with heavy appreciation and decent cash-flow – sell or keep?

I'd sell. In fact, something similar happened to me recently in one of the areas where I invest, although my properties are worth a lot less than yours. My property appreciated by 40%+ in about 18 months. The rent didn't increase commensurately, so I took my profit and got out. You're returning 5% ...
by DVMResident
Fri Jul 24, 2015 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Rental with heavy appreciation and decent cash-flow – sell or keep?
Replies: 14
Views: 1381

Re: Rental with heavy appreciation and decent cash-flow – sell or keep?

Thanks BlueNote. I'm also in hold forever camp -- I appreciate your feedback. The tax hit will hurt. I can't regain the home exclusion due to the job being ~100 miles away. The on cash-on-cash return is a better than 5% due to the principle pay down and the cash-flow will improve when the PMI is gon...
by DVMResident
Fri Jul 24, 2015 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Rental with heavy appreciation and decent cash-flow – sell or keep?
Replies: 14
Views: 1381

Rental with heavy appreciation and decent cash-flow – sell or keep?

*Edited: OP was too long. Extra details removed.* Purchased a 2-unit rental in 2012. Lived in the larger unit and move out in 2014 (for a job). Now renting both units. Appreciation has been unreal: -Area is gentrifying -New high ranking elementary school -New entertainment complex is being built (Wh...
by DVMResident
Fri Jul 24, 2015 1:32 pm
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 18758

Re: What 2008/09 has done to me

On one hand, a core tenet of Boglehead strategy is to buy shares of the largest 500 MegaCorps, hitching our personal fortunes to their profit wagon. On the other hand, this thread is full of anecdotes about the ways that the disloyalty, greed, shortsightedness, and double-dealing of those same Mega...
by DVMResident
Thu Jul 23, 2015 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: The Good the Bad and the Ugly of real estate
Replies: 79
Views: 10445

Re: The Good the Bad and the Ugly of real estate

Property 1 (no mortgage): 8.34% Property 2 (HELOC balance of appx 28% of market value): 14.26% Property 3 (no mortgage): 5.19% <<<<Two month vacancy and $3700 worth of repairs Property 4 (mortgage balance of 74% of my purchase price): 15.37% Property 5 (mortgage balance of 71% of my purchase price)...
by DVMResident
Wed Jul 22, 2015 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: How do people afford children with a SAHS?
Replies: 183
Views: 10579

Re: How do people afford children with a SAHS?

I agree with HomerJ: the simplest way is to reduce 401(k) contributions down to the match for a few years, until your $10k misc debt and PMI are paid off. Again, I think your numbers are doable. $100k start in your mid-20's is an awesome start. You're ahead of the game. The next couple years will be...
by DVMResident
Wed Jul 22, 2015 3:28 pm
Forum: Personal Consumer Issues
Topic: Moving to Los Angeles
Replies: 21
Views: 1982

Re: Moving to Los Angeles

Congrats on the new job! Stay north of the Sepulveda pass. Traffic is too brutal. If you ignore this advice (please don't), look at Santa Monica, Westwood, and Brentwood. To be honest with you, you're not going to get a walkable area of the valley (80+ walk score). I was pulling my hair out trying t...
by DVMResident
Wed Jul 22, 2015 10:52 am
Forum: Personal Finance (Not Investing)
Topic: What are your financial goals?
Replies: 41
Views: 4054

Re: What are your financial goals?

Mid-30's Short-term : (1) Stay married (2) Stay employed (3) Pay off student loans (almost down) (4) DW start working again Long-term : (1) Still be married :) (2) Financial independence by 50 (when kid graduates high school) - (2.1) 30x expenses - (2.2) House paid off - (2.3) Do what I want, which ...
by DVMResident
Tue Jul 21, 2015 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: How do people afford children with a SAHS?
Replies: 183
Views: 10579

Re: How do people afford children with a SAHS?

I think it's possible to reach your goals, maintain a decent retirement savings, and have your spouse stay home on $85k/yr. You're budget and housing is reasonably. I won't rehash what's been said, but make a couple points about your budget. -The PMI will go away by the time you're ~30 (guessing you...
by DVMResident
Tue Jul 21, 2015 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: How do people afford children with a SAHS?
Replies: 183
Views: 10579

Re: How do people afford children with a SAHS?

I know families with one wage-earner who have 10+ kids. Perhaps there are economies of scale. You decide which is more important - children or stuff. What quality of care do kids get in a family with ten kids? I'm pretty sure there is no economy of scale on college tuition or medical expenses or fo...
by DVMResident
Tue Jul 21, 2015 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Rent my condo? Looking at Cap Rate, COC, Total ROI
Replies: 10
Views: 731

Re: Rent my condo? Looking at Cap Rate, COC, Total ROI

Secondarily, the cash-flow is razor thin. There's a good chance you'll have to throw your W-2 salary into a repair at some point. I agree that the cash flow is thin. However, I have over $20k liquid in prepaid card savings accounts making 5% FDIC insured. That is enough to cover any repair or a lon...
by DVMResident
Mon Jul 20, 2015 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Rent my condo? Looking at Cap Rate, COC, Total ROI
Replies: 10
Views: 731

Re: Rent my condo? Looking at Cap Rate, COC, Total ROI

I agree with your conclusion: the condo is not worth turning into a rental.
Secondarily, the cash-flow is razor thin. There's a good chance you'll have to throw your W-2 salary into a repair at some point.

If I were you, I'd sell. Best of luck.
by DVMResident
Mon Jul 20, 2015 1:12 pm
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 18758

Re: What 2008/09 has done to me

As someone 31 years old, working at mega corp, and the primary breadwinner for a young family, this thread scares the bejeezes out of me Ditto. I think this is the behavior that will be young BH's saving* grace: He advocated attempting to reach financial independence as quickly as possible during o...
by DVMResident
Sun Jul 19, 2015 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: What can you deduct for undermarket rental?
Replies: 23
Views: 1621

Re: What can you deduct for undermarket rental?

If you're diving into the LL business, you need to read this: NOLO Every Landlord's Tax Deduction Guide

And the state specific rental law book.

Sounds like a bad idea to rent a $3k/mo unit for $500/mo. You have to cover insurance, taxes, maintenance, and repairs.
by DVMResident
Fri Jul 17, 2015 1:10 pm
Forum: Personal Consumer Issues
Topic: Baby on the way...yay! Big ticket items, and what do you REALLY need?
Replies: 82
Views: 4521

Re: Baby on the way...yay! Big ticket items, and what do you REALLY need?

2. Diapers. My wife seems to want to go with cloth diapers. You read online all the benefits, $ savings, environment, etc. But cleaning poo into the toilet every time a diaper is dirty? All that laundry? She will be primarily a SAHM...but is she going to regret this after a week of the cloth? Are c...
by DVMResident
Thu Jul 16, 2015 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in post tax 401k
Replies: 9
Views: 523

Re: Investing in post tax 401k

Does your 401(k) allow for Megaback Door ROTH IRA ? If it does, it's defiantly worth the tax-sheltering advantage. Note the contribution limit for all tax-advantaged space is $53k/yr for 2015 including employer match, but excluding your IRA (another $5.5k/yr +/- spousal IRA if married). Pedantic po...
by DVMResident
Thu Jul 16, 2015 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Investing in post tax 401k
Replies: 9
Views: 523

Re: Investing in post tax 401k

Does your 401(k) allow for Megaback Door ROTH IRA ? If it does, it's defiantly worth the tax-sheltering advantage. Note the contribution limit for all tax-advantaged space is $53k/yr for 2015 including employer match, but excluding your IRA (another $5.5k/yr +/- spousal IRA if married). Pedantic poi...
by DVMResident
Wed Jul 15, 2015 2:31 pm
Forum: Investing - Theory, News & General
Topic: If less than 30% EM, you are underweight?
Replies: 29
Views: 2440

Re: If less than 30% EM, you are underweight?

It's true that market-cap weighed portfolios do not represent the world distribution of capital. We see this same issue in REITs, were US real estate total cap is almost equal to the US stock market, but only represents ~3% of the Total Stock Market fund. However, it does not follow that an underwei...
by DVMResident
Wed Jul 15, 2015 1:12 pm
Forum: Investing - Theory, News & General
Topic: Where do you put your cash?
Replies: 64
Views: 7804

Re: Where do you put your cash?

1/2 Checking accounts: ~2 month expenses.
1/2 CA muni-bond fund: I'm a convenience enthusiast, AKA lazy, and like everything under one roof. Probably would hold as iBonds if I was willing to deal another vendor.
by DVMResident
Tue Jul 14, 2015 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: relocation budget and tax deduction for moving expenses
Replies: 7
Views: 577

Re: relocation budget and tax deduction for moving expenses

I am nearing the end of a corporate relocation across country. My new employer offered me a budget of $32,000 which was "grossed up", which I understand to mean that they prepaid the taxes so what I actually receive is about $21,000. So my additional "income" of $32,000 this yea...
by DVMResident
Mon Jul 13, 2015 11:21 am
Forum: Investing - Theory, News & General
Topic: If You Slice and Dice
Replies: 22
Views: 2973

Re: If You Slice and Dice

Beyond tinker personality, S&D carries another risk: accessibility changes over time. My family is fairly young and we've already accumulated 9 accounts under his and her name and various tax status (pre-, ROTH, taxable, and a pension) that can not be combined. Several of these accounts are smal...
by DVMResident
Thu Jul 09, 2015 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Young couple - Rent old house, buy new (bigger) house
Replies: 6
Views: 623

Re: Young couple - Rent old house, buy new (bigger) house

Quite frankly, I don't think becoming a landlord is worth your time. You gross $375k and growing. $2.4k/mo gross rent is a drop in the bucket. Try this exercise: find your "number" for retirement (ballpark is fine). Than figure out how long it will take to reach the number with and without...
by DVMResident
Thu Jul 09, 2015 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: How much to save?
Replies: 42
Views: 5244

Re: How much to save?

To answer the OP's question, you can simply weight the savings according to their tax status like so:

Saving rate = [pre-tax savings/gross] + [ROTH savings/net]

That's what I do.

Note a potential flaw: this method assumes taxes will during working years will be similar to retirement.
by DVMResident
Wed Jul 08, 2015 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 95
Views: 9176

Re: What age did you become debt free and what opportunities did it create?

We paid off the mortgage at age 37 (2007). Our saving and investing vaulted forward. Two years ago we went down to one income. Stress plummeted and flexibility increased. Other than a credit card we use for Costco rewards we intend to stay debt free. No regrets here. Debt freeeeeedom!! Lucky timing...
by DVMResident
Wed Jul 08, 2015 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 95
Views: 9176

Re: What age did you become debt free and what opportunities did it create?

We paid off the mortgage at age 37 (2007). Our saving and investing vaulted forward. Two years ago we went down to one income. Stress plummeted and flexibility increased. Other than a credit card we use for Costco rewards we intend to stay debt free. No regrets here. Debt freeeeeedom!! Lucky timing...
by DVMResident
Wed Jul 08, 2015 10:51 am
Forum: Investing - Help with Personal Investments
Topic: UC DCP Questions
Replies: 14
Views: 5358

Re: UC DCP Questions

One more question. Apparently across our plans we're only allowed to contribute 70% of our income to retirement plans. Do you guys think this is pre-tax income or would after-tax count too? As in, could I contribute approximately 100% of my total after-tax income assuming 30% of my total pre-tax in...
by DVMResident
Tue Jul 07, 2015 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: UC DCP Questions
Replies: 14
Views: 5358

Re: UC DCP Questions

Is anyone still using this technique, and if so, do you guys have any tips on how to go about putting it into process? I'm a new resident physician here and when I asked the Fidelity representative about it at our orientation she just had NO idea what I was talking about and didn't seem to think it...
by DVMResident
Tue Jul 07, 2015 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: UC DCP Questions
Replies: 14
Views: 5358

Re: UC DCP Questions

The 401(a), 403(b), and 457 are very similar and there's not a lot of advantage of using one over the other. If you're a young lifer in the UC system, I would favor the 457 because it allows for withdraw before 59.5 years of age after employer separation without the 10% plenty. This is an extra laye...
by DVMResident
Tue Jul 07, 2015 1:37 pm
Forum: Investing - Theory, News & General
Topic: Robert Shiller's Continuing Demise
Replies: 36
Views: 5967

Re: Robert Shiller's Continuing Demise

William Million wrote:He is saying Greece might be the best VALUE play out there. He could be right.


GREK's style box is running at
0, 0, 0
38, 32, 5
24, 1, 2

P/E 12

That's pretty dang value-y. Shiller's comment is fair.
by DVMResident
Mon Jul 06, 2015 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 95
Views: 9176

Re: What age did you become debt free and what opportunities did it create?

We did the opposite and purchased a rental with heavy leverage. It boosted our income by ~24%: 7% is cash-flow, 6% principle pay-down, and 11% appreciation (if sold today the appreciation would be higher, but I'm assuming the appreciation will revert to the mean of +1% real). The extra cash-flow goe...
by DVMResident
Mon Jul 06, 2015 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a formula for picking between DB and DC plans?
Replies: 4
Views: 421

Re: Is there a formula for picking between DB and DC plans?

You can come up with scenarios where DC is, ON AVERAGE, as good or better than DB. But you are taking the risk that the returns over your 40 years won't be average. On the flip side, DB also has risks change in the formula, employee contribution rates, and (most important) the chance you won't be w...
by DVMResident
Mon Jul 06, 2015 1:41 pm
Forum: Investing - Theory, News & General
Topic: Valuation timing - it doesn't work in the long term either
Replies: 5
Views: 742

Re: Valuation timing - it doesn't work in the long term either

CAPE only has a R^2 of 0.43 (Figure 2) -- and that's the best single value metric we have. In other words, the noise dominates the signal. I wouldn't expect stellar performance improvement using tactical allocations using CAPE. RAFI's mutli-factor approach is more appealing, but given it's almost a...
by DVMResident
Mon Jul 06, 2015 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: 22 years old want to do rental properties
Replies: 35
Views: 3698

Re: 22 years old want to do rental properties

4.) Like others say...become a handyman. Youtube is your friend to find how-to info. Also, I have 3 or 4 friends who are also landlords. They are great sources as far as finding good plumbers, electricians, etc. I actually like doing handyman stuff and the rentals are more of my "hobby" t...
by DVMResident
Sun Jul 05, 2015 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: 22 years old want to do rental properties
Replies: 35
Views: 3698

Re: 22 years old want to do rental properties

4.) Like others say...become a handyman. Youtube is your friend to find how-to info. Also, I have 3 or 4 friends who are also landlords. They are great sources as far as finding good plumbers, electricians, etc. I actually like doing handyman stuff and the rentals are more of my "hobby" t...
by DVMResident
Sun Jul 05, 2015 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: 22 years old want to do rental properties
Replies: 35
Views: 3698

Re: 22 years old want to do rental properties

Are you going the FHA route (owner-occupancy turned rental) because of the 3.5% down? I'm guessing "yes" -- in which case, the PMI and high mortgage cost is likely to eat up most of your cash-flow. Retiring in 8 years using FHA leverage RE to replace your day-time job income is not realist...
by DVMResident
Sat Jul 04, 2015 12:38 pm
Forum: Personal Consumer Issues
Topic: Eating Out
Replies: 57
Views: 6860

Re: Eating Out

Eating out is a social activity. Good times with good friends is worth it. I wouldn't sweat it unless it's really breaking the budget.

When it's just the wife and I, we very rarely order drinks, apps, or dessert. They double the bill. We'd rather go out twice as often.
by DVMResident
Thu Jul 02, 2015 11:58 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 466
Views: 65920

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

AA 80/20 (50/50 international on equities): +2.81%
by DVMResident
Thu Jul 02, 2015 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard v.s. Betterment
Replies: 45
Views: 4962

Re: Vanguard v.s. Betterment

What are the pros and cons? Pro -- It's cheaper. Con -- You'll have to do the work. That might take an entire hour every year. There is no work if you use a Vanguard LifeStrategy fund. These balanced portfolios are automatically managed to a fixed asset allocation of low-cost index funds - with no ...
by DVMResident
Wed Jul 01, 2015 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: As a target retirement fund investor, should I substitute Admiral Funds for Investor Shares?
Replies: 25
Views: 2190

Re: As a target retirement fund investor, should I substitute Admiral Funds for Investor Shares?

Eye balling the admiral ER and the Retirement fund, you'll save ~0.1% ER, or about $10 per $10k of investment assets by switching to admiral funds.
Is that worth it to you?

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