Search found 53 matches

Return to advanced search

Re: Cost Analysis: Living in CA vs the South

Utility bill savings can indeed be significant in many parts of CA when compared to other parts of the country, including the South. You didn't ask about income (or even mention whether you are working) but of course, incomes can be significantly higher as well, depending on your profession… I made ...
by sharke
Thu Jan 30, 2014 3:21 am
 
Forum: Personal Finance (Not Investing)
Topic: Cost Analysis: Living in CA vs the South
Replies: 79
Views: 5952

Re: Considering joining early stage startup

Thanks very much freebeer, your comments are quite helpful. I hadn't considered the possibility of the soft landing scenario that you describe, and the fact that a talent-driven acquisition would almost certainly come with significant signing compensation. I could live with that, especially if it ha...
by sharke
Sat Jan 18, 2014 2:57 am
 
Forum: Personal Finance (Not Investing)
Topic: Considering joining early stage startup
Replies: 2
Views: 527

Considering joining early stage startup

I have about 20 years of experience as a software engineer and have worked for many different companies along the way. My current employer is a Fortune 500 company. The compensation is quite good, but job satisfaction and room for career growth are less than ideal. Recently I was invited to consider...
by sharke
Fri Jan 17, 2014 3:51 am
 
Forum: Personal Finance (Not Investing)
Topic: Considering joining early stage startup
Replies: 2
Views: 527

Re: Letting go: Classic textbooks

How about donating them to your local library (or local university library)? More people might benefit, and you could still have the option of reading them yourself, should the urge ever strike.
by sharke
Thu Jan 16, 2014 12:38 am
 
Forum: Personal Consumer Issues
Topic: Letting go: Classic textbooks
Replies: 54
Views: 4118

Re: How Much Will You Leave on the Table?

Thanks 555 - exactly to the point I've been shouting into the wind about. With a floor, the consequences of depleting your retirement portfolio when you're an old coot aren't necessarily horrific enough that you have to forego spending for self and others earlier in your retirement. You don't need ...
by sharke
Mon Dec 30, 2013 3:20 am
 
Forum: Investing - Theory, News & General
Topic: How Much Will You Leave on the Table?
Replies: 100
Views: 8315

Re: Pull-ups and Push-ups

Are pull-ups considered safe for the joints, e.g. shoulders? A few years ago I was able to do a dozen but I subsequently hurt my shoulder. Now that my shoulder is better, I'd like to ease back into pull-ups. On a related note, does anyone have a favorite door frame pull up bar to recommend? Edit: I ...
by sharke
Sat Dec 28, 2013 1:37 am
 
Forum: Personal Consumer Issues
Topic: Pull-ups and Push-ups
Replies: 329
Views: 40306

Re: Felix Salmon: How online investment advisers add value

It strikes me that a big opportunity for these services to add value is in tailoring their recommendations to fit the specifics of each customer's circumstances. For example, this linked article about asset location when the majority of assets are held in taxable is interesting: https://blog.wealthf...
by sharke
Thu Dec 12, 2013 3:50 am
 
Forum: Investing - Theory, News & General
Topic: Felix Salmon: How online investment advisers add value
Replies: 7
Views: 1118

Re: Favorite Podcasts?

KCRW To the Point (current events) is excellent
And, more apropos to bogleheads, I'm enjoying Paul Merriman's new podcast :happy
by sharke
Sun Dec 08, 2013 4:11 am
 
Forum: Personal Consumer Issues
Topic: Favorite Podcasts?
Replies: 22
Views: 1794

Re: What are the consequences of Fed's tapering?

Interesting analysis from Reuters: The Government Dominated Bond Market ....as a stylized fact, the bond market is dominated on both sides by the official sector. Private participants might sit in the middle as market-makers, or try to borrow money here or there, but overall what you’re looking at, ...
by sharke
Wed Nov 27, 2013 6:12 pm
 
Forum: Investing - Theory, News & General
Topic: What are the consequences of Fed's tapering?
Replies: 12
Views: 959

Re: Muni tax loss harvest - wash sale?

Christine_NM wrote:Your Vanguard 1099 will show the allowable capital loss on VCADX. The allowable loss will be reduced slightly by the dividend transactions.

Thanks Christine, this is the answer for which I was hoping!
by sharke
Wed Nov 27, 2013 1:39 pm
 
Forum: Investing - Help with Personal Investments
Topic: Muni tax loss harvest - wash sale?
Replies: 7
Views: 436

Muni tax loss harvest - wash sale?

Earlier this year I sold Vanguard Intermediate Term Muni (VCADX) at a loss and immediately re-invested the proceeds into Vanguard Long Term Muni (VCLAX), with the presumption that the two funds are not substantially identical. For example (simplifying the numbers) say I bought 3500 shares @ 11.80 in...
by sharke
Tue Nov 26, 2013 6:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: Muni tax loss harvest - wash sale?
Replies: 7
Views: 436

Re: Delete Wiki on Tax-Efficient Asset Location

To the new investors: Other than the points of contention mentioned by the OP, is there anything else that you would like to see changed? Is the wording clear, or does something need to be changed to help you understand the concepts better? I believe the advice to place international stock funds in...
by sharke
Wed Nov 20, 2013 3:34 am
 
Forum: Investing - Theory, News & General
Topic: Delete Wiki [Article] on Tax-Efficient Asset Location
Replies: 285
Views: 17020

Re: Nov 2013 I Bond Rate - 1.38% (0.20% Fixed)

nisiprius wrote:[...]
So, in ONE NIGHT, I "lost" $27.17 due to bad planning and faulty timing of the trick-or-treat market.

Now, about that 0.2% on a $10,000 investment....

Great story, thanks for this :D
by sharke
Sat Nov 02, 2013 10:36 am
 
Forum: Investing - Theory, News & General
Topic: Nov 2013 I Bond Rate - 1.38% (0.20% Fixed)
Replies: 94
Views: 7403

Re: Portfolio rejigger? VSS, VBR, muni location?

I actually recently shifted my international allocation completely to taxable based on this rule of thumb, and now I feel a little silly for not doing more research first. I skimmed your thread: AA when Taxable account balance exceeds Tax Deferred . You received solid advice in that thread from man...
by sharke
Wed Oct 30, 2013 9:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio rejigger? VSS, VBR, muni location?
Replies: 33
Views: 2383

Re: Portfolio rejigger? VSS, VBR, muni location?

That's very helpful, livesoft. Thanks!
by sharke
Wed Oct 30, 2013 10:13 am
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio rejigger? VSS, VBR, muni location?
Replies: 33
Views: 2383

Re: Portfolio rejigger? VSS, VBR, muni location?

Wow, the decision on whether to place International funds in taxable or tax-advantaged accounts seems to be much more complex than I was led to believe by reading this: http://www.bogleheads.org/wiki/Principles_of_tax-efficient_fund_placement#Step_3:_Place_international_stock_funds_in_taxable_accoun...
by sharke
Wed Oct 30, 2013 12:51 am
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio rejigger? VSS, VBR, muni location?
Replies: 33
Views: 2383

Re: why not cash instead of bonds?

There is a weak argument to be made that because bonds have fluctuations and because those fluctuations are uncorrelated with stocks--not opposite of, just independent of--there is a diversification effect. People who are interested in this probably want long-term bonds, and are doing something dif...
by sharke
Thu Oct 24, 2013 1:22 am
 
Forum: Investing - Help with Personal Investments
Topic: why not cash instead of bonds?
Replies: 33
Views: 4753

Re: Any Dangerous Boglehead Group-Think?

Munir wrote:
livesoft wrote:Faith that market timing does not work.

Faith that the most effective way to discredit any idea one disagrees with is to call it "market timing".

Did any Boglehead actually not try to time the bond market in the past 2 years? :shock:
by sharke
Tue Oct 15, 2013 9:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Any Dangerous Boglehead Group-Think?
Replies: 73
Views: 4580

Re: Are Bogleheads generally against long term bonds?

The baseline for thinking about portfolios should be something like Total Stock Market for stocks, Total Bond Market for bonds. If you want to do something different from that, the question that needs to be answered is, "Why, exactly, do I think it would be much better to add an allocation to ...
by sharke
Sat Oct 12, 2013 2:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Are Bogleheads generally against long term bonds?
Replies: 41
Views: 2192

Re: Second career in teaching?

... Teaching in a community college has some appeal to me because I think I would find it rewarding to work with students from less privileged backgrounds I work at a community college. Please ditch this attitude before applying--it won't be appreciated and won't get you hired. Sorry, I didn't mean...
by sharke
Mon Oct 07, 2013 11:30 am
 
Forum: Personal Finance (Not Investing)
Topic: Second career in teaching?
Replies: 28
Views: 2156

Re: Second career in teaching?

Thanks very much for the suggestions. Indeed, trying out teaching first is a great idea, and that reminds me that the local college has an extension system, so teaching non-credit classes there could be a good way in. Below that, there is meetup.com - essentially anyone can offer to teach anything t...
by sharke
Mon Oct 07, 2013 2:35 am
 
Forum: Personal Finance (Not Investing)
Topic: Second career in teaching?
Replies: 28
Views: 2156

Second career in teaching?

I've recently become interested in the possibility of transitioning from corporate work (almost 2 decades in engineering) into teaching. I'm considering making the switch in about 2 years. From my initial research it looks like my existing masters degree qualifies me to teach in local community coll...
by sharke
Sun Oct 06, 2013 11:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: Second career in teaching?
Replies: 28
Views: 2156

Re: Is a hand-written Federal tax return an audit magnet?

I did it by hand for many years, up to the mid 2000's. Never audited, even with a Sched C etc. I did on one occasion have unambiguous math errors. The IRS computer just fixes them as it goes and spits out a letter and a check or a bill. I suppose if the numbers are very screwy they would trigger so...
by sharke
Fri Sep 27, 2013 9:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is a hand-written Federal tax return an audit magnet?
Replies: 32
Views: 3538

Re: What it you expect to be a net saver through retirement?

Tax deferred investments represent less that a quarter of my financial assets. I plan to live off required minimum distributions from tax deferred accounts and dividends from TSM, international total stock, and intermediate term munis in taxable accounts. That means that the choice is not "pay...
by sharke
Fri Sep 27, 2013 8:56 pm
 
Forum: Investing - Theory, News & General
Topic: Updated figures and results on slice and dice vs TSM
Replies: 142
Views: 39347

Re: Day trip from San Francisco to Lake Tahoe

A day trip from SF will be tiring, but it's certainly possible with an early morning start - the drive is 3-4 hours each way, and you can drive around the lake in 1-2 hours. The lake is very beautiful and there are lots of good photo opportunities available just by driving around it. Depending on yo...
by sharke
Sun Sep 15, 2013 9:42 pm
 
Forum: Personal Consumer Issues
Topic: Day trip from San Francisco to Lake Tahoe
Replies: 30
Views: 1569

Re: Asset allocation and early retirement planning

[...]Having set the value for (a), your job is to accumulate enough safe assets to get you to a point at the age of retirement where the flooring portfolio generates the desired income stream. To calculate the target value of these assets, and adjust from year to year, you might inquire into the pr...
by sharke
Sat Sep 14, 2013 1:50 pm
 
Forum: Investing - Theory, News & General
Topic: Asset allocation and early retirement planning
Replies: 33
Views: 2519

Re: best cash back credit card

I use the US Bank Cash Plus. No annual fee, 1% cash back on everything, plus some 5% and 2% categories that you select each quarter. FYI, you can only apply for this person in a branch (not online or by phone). Unfortunately, despite the name, US Bank has no branches in many parts of the country. I...
by sharke
Fri Sep 13, 2013 11:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: best cash back credit card
Replies: 185
Views: 32704

Re: Should I swap bond funds?

Another option could be the Vanguard CA Long Term Muni fund.

Intermediate: 2.71% SEC yield, 5.7 year maturity, 5.8 year duration
Long Term: 3.81% SEC yield, 8.4 year maturity, 7.7 year duration
by sharke
Fri Sep 13, 2013 11:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should I swap bond funds?
Replies: 12
Views: 1440

Re: Asset allocation and early retirement planning

Sorry, I am not going to be of any help. I think everyone should be about 60/40 stocks/bonds regardless of age. (OK, maybe between 50% and 70% stocks.) Set the AA and forget about it. The important knob you have control over is your savings rate. Thanks for the reply. Just because your rule of thum...
by sharke
Fri Sep 13, 2013 11:46 pm
 
Forum: Investing - Theory, News & General
Topic: Asset allocation and early retirement planning
Replies: 33
Views: 2519

Re: Tax advantaged (muni's) in down markets

deleted (sorry, wrong thread!)
by sharke
Fri Sep 13, 2013 11:38 pm
 
Forum: Investing - Theory, News & General
Topic: Tax advantaged (muni's) in down markets
Replies: 6
Views: 649

Asset allocation and early retirement planning

It strikes me that the "age in bonds" asset allocation rule of thumb (yes, I know it's only a blunt starting point) more or less presumes retirement between age 60 and 70. Can we (or has someone already) come up with rules of thumb or more complex formulas to help set the asset allocation ...
by sharke
Fri Sep 13, 2013 10:22 pm
 
Forum: Investing - Theory, News & General
Topic: Asset allocation and early retirement planning
Replies: 33
Views: 2519

Re: best cash back credit card

I use the US Bank Cash Plus. No annual fee, 1% cash back on everything, plus some 5% and 2% categories that you select each quarter.
I regularly get 2.5-3% back overall, because of my particular spending pattern.
by sharke
Fri Sep 13, 2013 10:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: best cash back credit card
Replies: 185
Views: 32704

Re: Larry Swedroe - Saint Louis Post-Dispatch 05/06/07

You're bumping a six-year old thread. So what? Thanks for bumping this thread. I found the post above by Mr. Swedroe from May 10, 2007 5:25 pm to be quite intriguing. I'd love to read the long version if it now exists. I presume this is expounded upon in Larry's subsequent books? Edit - found the a...
by sharke
Wed May 01, 2013 2:28 am
 
Forum: Investing - Theory, News & General
Topic: Larry Swedroe - Saint Louis Post-Dispatch 05/06/07
Replies: 53
Views: 29530

Re: Do you trust Mint.com or similar services?

If more websites used 2-step verification services (Vanguard or Fidelity...) this entire question could be completely meaningless... 2-step verification is certainly a good thing because it makes web based attacks more difficult, but I think what gets overlooked sometimes in these password discussi...
by sharke
Fri Apr 26, 2013 11:19 am
 
Forum: Investing - Theory, News & General
Topic: Do you trust Mint.com or similar services?
Replies: 29
Views: 3637

Re: Jack Bogle: We need to fix the bond index

There is a difference of opinion on this forum over whether an investor should hold all bonds in an IRA (401k) and all stock in a taxable account or be diversified in both accounts. I fall more on the side of being diversified in both accounts, but also put some thought into it. For example, use mu...
by sharke
Wed Apr 24, 2013 2:21 am
 
Forum: Investing - Theory, News & General
Topic: Jack Bogle: We need to fix the bond index
Replies: 48
Views: 6886

Re: Short term savings/emergency fund

I'm probably going to make a fool of myself (not the first time!), but I just cannot understand this topic of an emergency fund. If I need up to $20K at a swipe of a card, well, I have a credit card (actually two, hence more flexibility if needs be). Then for anything not strictly instantaneous (or...
by sharke
Wed Apr 24, 2013 2:09 am
 
Forum: Investing - Help with Personal Investments
Topic: Short term savings/emergency fund
Replies: 24
Views: 2147

Re: Timing the (travel) market ...

In a more abstract way I do favor locations with weaker currencies as not having to worry about money during the trip increases my enjoyment significantly. If beers are $0.50, costs are generally below my threshold of pain - hello Bratislava in the '90's. If beers are > $6, I start worrying total c...
by sharke
Wed Feb 13, 2013 7:29 am
 
Forum: Personal Consumer Issues
Topic: Timing the (travel) market ...
Replies: 22
Views: 1875

Re: Revisiting cable cutting

Thanks. Now, I want a cookie. Me too. Fortunately there are none in the house. I just came back from grocery shopping and once again didn't buy cookies, so there are none in my house for yet another week. Just walking down the cookie aisle is tough, but "stay the course" is my motto for c...
by sharke
Tue Dec 18, 2012 12:27 am
 
Forum: Personal Consumer Issues
Topic: Revisiting cable cutting
Replies: 40
Views: 3281

Re: Early retirement overseas?

The Living Abroad book series by Moon looks like a good resource for use in evaluating retirement in a specific country:
http://www.moon.com/books/moon-living-abroad
by sharke
Sun Dec 16, 2012 10:42 pm
 
Forum: Personal Consumer Issues
Topic: Early retirement overseas?
Replies: 116
Views: 9251

Re: Early retirement overseas?

Retiring abroad complicates retirement finances substantially. In addition to all the other investment risks, you now face currency risk, unless you transfer your assets to your host country. I would never consider moving my assets into the Thai baht, for many reasons. That means that if the US dol...
by sharke
Sat Dec 15, 2012 5:34 pm
 
Forum: Personal Consumer Issues
Topic: Early retirement overseas?
Replies: 116
Views: 9251

Re: Early retirement overseas?

I'm retired at 25 and wrote a (pseudonymous) article that partially discusses my thinking: http://voices.yahoo.com/why-retire-lima-peru-11818472.html You can tell the article is for a 25-year old's concerns because it doesn't even mention heath care :) You can definitely hugely reduce costs - you j...
by sharke
Fri Dec 14, 2012 11:36 pm
 
Forum: Personal Consumer Issues
Topic: Early retirement overseas?
Replies: 116
Views: 9251

Re: Early retirement overseas?

I'm late to the party here, but thought I'd pitch in some on basic expat issues and healthcare. I'm a China expat - 2 years in remote China working and another 3 to go. You scoff at the Aunt Jemima thing because you haven't done a long stint overseas . You've never been through serious sustained cu...
by sharke
Fri Dec 14, 2012 11:15 pm
 
Forum: Personal Consumer Issues
Topic: Early retirement overseas?
Replies: 116
Views: 9251

Re: Early retirement overseas?

I'm not sure how much you're prioritizing the "rising cost of health care in the US" but I think that's a bit of a red herring. Yes, medical care is cheaper or even free in some other countries, but if you're thinking in terms of early retirement then most likely you are in an age bracket...
by sharke
Fri Dec 14, 2012 12:19 pm
 
Forum: Personal Consumer Issues
Topic: Early retirement overseas?
Replies: 116
Views: 9251

Re: Early retirement overseas?

Hi Sharke, you might try the Early Retirement forum: http://www.early-retirement.org/forums/ I have lived in four countries besides the USA since I early retired at age 41. It seems like I ended up spending about the same amount of money everywhere. But I do live a much better lifestyle overseas. [...
by sharke
Fri Dec 14, 2012 12:04 pm
 
Forum: Personal Consumer Issues
Topic: Early retirement overseas?
Replies: 116
Views: 9251

Re: Early retirement overseas?

I have no financial advice to offer. However, one of the most notable aspects of a multi-year professional stint in a european country years ago was how miserable several Americans I worked with were. They had sought out the job, had far more personal support (families in comfortable circumstances,...
by sharke
Fri Dec 14, 2012 11:51 am
 
Forum: Personal Consumer Issues
Topic: Early retirement overseas?
Replies: 116
Views: 9251

Early retirement overseas?

I've noticed that there are a few members here who seem to be happily retired overseas, sometimes early. The idea certainly has appeal to me, both due to the promise of new cultural experiences and the potential for reduced cost of living. I am also pessimistic enough about the rising cost of health...
by sharke
Fri Dec 14, 2012 2:11 am
 
Forum: Personal Consumer Issues
Topic: Early retirement overseas?
Replies: 116
Views: 9251

Re: AA when Taxable account balance exceeds Tax Deferred

I have a similar dollar amount of unvested RSUs, but for better or worse I do not consider them as a part of my overall asset allocation. I consider them income over the next few years. Obviously this heavily ties me to my company's fortunes, but that is the case anyway as it is my only source of i...
by sharke
Wed Nov 21, 2012 11:34 am
 
Forum: Investing - Help with Personal Investments
Topic: AA when Taxable account balance exceeds Tax Deferred
Replies: 12
Views: 622

Re: AA when Taxable account balance exceeds Tax Deferred

Very good advice from previous posters, I just wanted to be sure you are aware that the ING REIT fund is a stock fund and you should not separate it and think you are 50% equity when you would actually be 60%. On top of that, the fund is 2x the volatility of Vanguard's REIT fund. It lost 67% in 200...
by sharke
Wed Nov 21, 2012 11:29 am
 
Forum: Investing - Help with Personal Investments
Topic: AA when Taxable account balance exceeds Tax Deferred
Replies: 12
Views: 622

Re: AA when Taxable account balance exceeds Tax Deferred

Sharke, welcome! Since your stated goal is "serious retirement planning" then, assuming retirement at 65 (we don't know), you have 21 years of accumulation x $35K = $735K plus expected growth. This gives you a quick reference that those restricted stock units (when vested) - and your 401K...
by sharke
Wed Nov 21, 2012 11:28 am
 
Forum: Investing - Help with Personal Investments
Topic: AA when Taxable account balance exceeds Tax Deferred
Replies: 12
Views: 622

Re: AA when Taxable account balance exceeds Tax Deferred

What kind of company is represented by your RSU shares? If small cap, you would want your other equity in S&P500. If large cap, perhaps overweight small/mid in your other equity holdings. You can't diversify away the single company risk or the single industry risk associated with your (very) co...
by sharke
Wed Nov 21, 2012 11:23 am
 
Forum: Investing - Help with Personal Investments
Topic: AA when Taxable account balance exceeds Tax Deferred
Replies: 12
Views: 622
Next

Return to advanced search