Search found 5835 matches

by KyleAAA
Tue Aug 23, 2016 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement: Where $200K Will Last 30 Years
Replies: 42
Views: 5862

Re: Retirement: Where $200K Will Last 30 Years

I would think the downsides are culture shock and being so far from your family and friends. Otherwise, Costa Rica sounds like paradise. Spain is also tempting, although I'm curious as to exactly where in Spain they have you living to get that $2200/month number. Certainly not in Barcelona or anypla...
by KyleAAA
Tue Aug 23, 2016 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: How to determine the % of equities in a joint portfolio.
Replies: 6
Views: 306

Re: How to determine the % of equities in a joint portfolio.

120-your age in stocks is the most commonly-cited rule of thumb these days. But regardless, I think splitting the difference is a fine strategy. There's really no point trying to optimize your asset allocation within more than about 5%. It just doesn't make a material difference over time.
by KyleAAA
Tue Aug 23, 2016 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Oil Well Working Intrest
Replies: 18
Views: 1120

Re: Oil Well Royalty

I'd count it as part of your retirement portfolio under the "alternative assets" subheading. I think a 10-20% allocation to alternatives is fine provided you have deep knowledge of the field, which you apparently do. This is no different than somebody investing 1/3 of their portfolio in re...
by KyleAAA
Mon Aug 22, 2016 9:01 pm
Forum: Personal Consumer Issues
Topic: Honeymoon - Alaska or Greece
Replies: 22
Views: 1520

Re: Honeymoon - Alaska or Greece

I would choose Greece for a honeymoon. Alaska was beautiful but unless you both enjoy the outdoors it isn't particularly romantic. If you both love the outdoors, Alaska is an excellent choice.
by KyleAAA
Mon Aug 22, 2016 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Sold startup at age 25, need portfolio help!
Replies: 12
Views: 2505

Re: Sold startup at age 25, need portfolio help!

Your overall allocation is fine, but I'd ditch PeerStreet and Wunder Capital and invest that money either directly in real estate or throw it into Betterment. It's fine to invest a small part of your portfolio in crowdfunding platforms, but 10% is far too much. At least until they prove themselves t...
by KyleAAA
Sun Aug 21, 2016 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Borrowing money to invest. Good idea?
Replies: 68
Views: 4209

Re: Borrowing money to invest. Good idea?

People do this all the time with 30 year mortgages. The only difference here is that you're borrowing for 10 years. At 4%, I'd prefer to make that bet over 30 years than over 10 years. I'd say you have a moderately good chance of coming out ahead but there's significant risk. It's not an objectively...
by KyleAAA
Sun Aug 21, 2016 2:07 pm
Forum: Investing - Theory, News & General
Topic: Brilliant Quant Hedge Fund has returns of S&P 500
Replies: 11
Views: 1482

Re: Brilliant Quant Hedge Fund has returns of S&P 500

What was the risk? Just because the returns are similar doesn't imply you might as well have put your money in the S&P 500, although I wouldn't say 9.4% and 8.9% are "similar." A 0.5% per year difference is huge over time. If the quant fund was even moderately less risky than the S&...
by KyleAAA
Sat Aug 20, 2016 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Get a mortgage even if not needed?
Replies: 41
Views: 3486

Re: Get a mortgage even if not needed?

boglerocks wrote:Is cash always the best way to pay if possible?


Mathematically, cash is almost never the best way to pay, especially not at 3.5%. How important are the non-financial considerations to you?
by KyleAAA
Thu Aug 18, 2016 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Loan for Owner Occupied Multi-Family
Replies: 4
Views: 363

Re: Loan for Owner Occupied Multi-Family

It is not standard operating procedure for an owner occupied duplex. You should be able to get regular residential financing at residential rates, probably with as little as 5% down if you have good credit. What you have described is standard for non-owner-occupied duplexes.
by KyleAAA
Tue Aug 16, 2016 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: HOA Ruling
Replies: 34
Views: 3679

Re: HOA Ruling

A similar situation happened with my wife's HOA. A tenant was told a certain rule was different than what was in the covenant (forgot what it was, but it was in writing in a closing document). After some legal maneuvering, the HOA was forced to allow the exception. I don't think there was a long tim...
by KyleAAA
Tue Aug 16, 2016 6:17 am
Forum: Investing - Theory, News & General
Topic: Is BNDX (total international bond) and its utilization in target date funds terrible?
Replies: 79
Views: 5241

Re: Is BNDX (total international bond) and its utilization in target date funds terrible?

A ~3% allocation will have little or no effect on portfolio performance, and by the time the allocation becomes meaningful there is only 10 years left of accumulation. It's an unnecessary complication that even in a best-case scenario won't matter. I hear this argument all the time and I don't buy ...
by KyleAAA
Mon Aug 15, 2016 9:07 pm
Forum: Investing - Theory, News & General
Topic: Why are bonds taxed more than stocks?
Replies: 29
Views: 3387

Re: Why are bonds taxed more than stocks?

Who cares? Economists and taxation experts care. I care, because I care about the economy and about helping the poor and middle class thrive. Besides, you cherry-picked my post - see state sales/income taxes and federal income/excise taxes. Apples and oranges. One is a tax on income, the other a ta...
by KyleAAA
Mon Aug 15, 2016 8:53 am
Forum: Investing - Theory, News & General
Topic: Is BNDX (total international bond) and its utilization in target date funds terrible?
Replies: 79
Views: 5241

Re: Is BNDX (total international bond) and its utilization in target date funds terrible?

Meh, global ex-US bonds are by far the largest asset class in the world. Since June 4th, 2013 compared to Total Bond Market Index: Correlation: 0.66 Annualized return: 5.23% vs 3.28% Annualized Std Dev: 2.62% vs 2.95% It has been better in every way since inception. Does that mean it will continue p...
by KyleAAA
Mon Aug 15, 2016 8:24 am
Forum: Investing - Theory, News & General
Topic: Why are bonds taxed more than stocks?
Replies: 29
Views: 3387

Re: Why are bonds taxed more than stocks?

For example, you pay federal and state income tax and payroll taxes on wages and earnings, then you pay sales tax and excise taxes when you spend the same money. But those are all different entities doing the taxing. The income is not taxed twice by any given entity. Double taxation is a big topic ...
by KyleAAA
Sun Aug 14, 2016 3:09 pm
Forum: Investing - Theory, News & General
Topic: "The Minority of Investors" ... Billionaires
Replies: 35
Views: 3638

Re: "The Minority of Investors" ... Billionaires

Billionaires and future billionaires do not hang out on Reddit. Of course they do. I know one (has an interest in a large private company everyone here has heard of). The guy is in his mid thirties, so of course he hangs out on Reddit just like everyone else in their 30s. Why does everyone think bi...
by KyleAAA
Thu Aug 11, 2016 2:53 pm
Forum: Personal Consumer Issues
Topic: How much vacation time do you get at work?
Replies: 135
Views: 7302

Re: How much vacation time do you get at work?

5-6 weeks depending on whether I have any rollover from the year before. Sometimes I take it all, sometimes I have a few days left. Just depends on what's going on.
by KyleAAA
Wed Aug 10, 2016 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Mom wants to invest large sums into CD
Replies: 39
Views: 3639

Re: Mom wants to invest large sums into CD

Need to take risk: low Ability to take risk: high Willingness to take risk: low Given that, I don't think a CD is the worst idea in the world. She could go with an intermediate-term bond fund instead if she's comfortable with just a little more risk. Equities might be too much for her. Then again, r...
by KyleAAA
Tue Aug 09, 2016 10:59 am
Forum: Investing - Theory, News & General
Topic: Vanguard - why don't I 'feel' good about them?
Replies: 36
Views: 3439

Re: Vanguard - why don't I 'feel' good about them?

You can index perfectly well at Fidelity. There's no need to move to Vanguard if you prefer Fidelity for whatever reason.
by KyleAAA
Mon Aug 08, 2016 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Travel for a Year with Family - Career Impact?
Replies: 35
Views: 3472

Re: Travel for a Year with Family - Career Impact?

You can travel in with 6 kids for a year in many parts of the world for less than $20k total. LOL. Yes, it is possible, if you only go 1-2 places, and live like locals. But that's still a crazy statement. I know more than one family that has done it. Not with 6 kids, but they did it significantly c...
by KyleAAA
Mon Aug 08, 2016 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Travel for a Year with Family - Career Impact?
Replies: 35
Views: 3472

Re: Travel for a Year with Family - Career Impact?

It will set you back financially but you seem okay with that (willing to retire a few years later). I say go for it if you have the cash savings to make it happen. You can travel in with 6 kids for a year in many parts of the world for less than $20k total.
by KyleAAA
Mon Aug 08, 2016 8:29 am
Forum: Personal Consumer Issues
Topic: European Vacation Cost
Replies: 13
Views: 1378

Re: European Vacation Cost

For 2 people? Anywhere from $5-10k sounds reasonable. You could do a lot cheaper or a lot more expensive depending on which levers you pull. It'll probably be cheaper in early May vs late June, for example. I did a similar 14 day trip in early May a few years ago for about $4000 but we didn't exactl...
by KyleAAA
Fri Aug 05, 2016 7:14 pm
Forum: Investing - Theory, News & General
Topic: Zero ER ?
Replies: 25
Views: 2324

Re: Zero ER ?

I'd probably stay with Vanguard. Realistically, their admiral shares are close enough to zero as it is, at least for the total market funds.
by KyleAAA
Wed Aug 03, 2016 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: How much to put down on our next house?
Replies: 34
Views: 2097

Re: How much to put down on our next house?

I would pay off the student loan and put the rest down on the house as long as that would still be below the jumbo loan limit. FYI, interest rates are currently lower for jumbo mortgages than for conforming loans if you have good credit. So this may not be something worth pursuing. Jumbo mortgages ...
by KyleAAA
Wed Aug 03, 2016 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: How much to put down on our next house?
Replies: 34
Views: 2097

Re: How much to put down on our next house?

I would pay off the student loan and put the rest down on the house as long as that would still be below the jumbo loan limit. FYI, interest rates are currently lower for jumbo mortgages than for conforming loans if you have good credit. So this may not be something worth pursuing. Jumbo mortgages ...
by KyleAAA
Wed Aug 03, 2016 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: How much to put down on our next house?
Replies: 34
Views: 2097

Re: How much to put down on our next house?

Watty wrote:I would pay off the student loan and put the rest down on the house as long as that would still be below the jumbo loan limit.


FYI, interest rates are currently lower for jumbo mortgages than for conforming loans if you have good credit. So this may not be something worth pursuing.
by KyleAAA
Wed Aug 03, 2016 9:20 am
Forum: Personal Finance (Not Investing)
Topic: How much to put down on our next house?
Replies: 34
Views: 2097

Re: How much to put down on our next house?

I recently put down 10% on a mortgage because I got the same rate as if I'd put down 20% and I can get rid of PMI within a year (planned to do a few upgrades anyway, so I might as well use my extra cash to do that rather than putting an extra 10% down). At ~3.5%, I don't see a reason to put down any...
by KyleAAA
Fri Jul 29, 2016 9:34 am
Forum: Personal Consumer Issues
Topic: Interview in Silicon Valley - Suit?
Replies: 95
Views: 5689

Re: Interview in Silicon Valley - Suit?

Going into an interview wearing something that you know you will never wear again is not genuine, and it tells me that you are more worried about pleasing others than doing what you feel is right. To be fair, it doesn't actually tell you that. That's 100% your own biases at play. Judging somebody b...
by KyleAAA
Wed Jul 27, 2016 5:06 pm
Forum: Personal Consumer Issues
Topic: Interview in Silicon Valley - Suit?
Replies: 95
Views: 5689

Re: Interview in Silicon Valley - Suit?

Is it a tech company? If so, business casual is more than nice enough. A well-tailored suit is always appropriate for an interview, even in the valley.
by KyleAAA
Mon Jul 25, 2016 11:28 am
Forum: Personal Consumer Issues
Topic: What kind of apartment can $1k get you in your city?
Replies: 60
Views: 3627

Re: What kind of apartment can $1k get you in your city?

Atlanta 1 br/bath in the city, around 500-750 sq ft. Whether it's an older apartment in poor repair or a brand new apartment complex with a pool and gym depends on the area of town. In the more desirable neighborhoods, you aren't getting anything nice for $1000. $1400-1800 sounds more realistic for ...
by KyleAAA
Fri Jul 22, 2016 8:43 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation/Trust Income
Replies: 6
Views: 454

Re: Asset Allocation/Trust Income

For something relatively guaranteed like social security or an insured pension, I think it makes a lot of sense to consider the income stream as decreasing the amount of cash you'll need to generate from your portfolio and investing accordingly i.e. you might feel comfortable holding more in equitie...
by KyleAAA
Wed Jul 20, 2016 10:34 am
Forum: Personal Consumer Issues
Topic: Why did the car salesman stop replying to my emails
Replies: 78
Views: 7620

Re: Why did the car salesman stop replying to my emails

Could you explain how cutting out the middleman would be better for the middleman? There aren't enough Carmaxes, btw. I have to drive over 180 miles to the nearest one. For all intents and purposes in most parts of the country, consumers are captive in this system. Perhaps in most geographic parts ...
by KyleAAA
Wed Jul 20, 2016 10:22 am
Forum: Investing - Theory, News & General
Topic: Farmland REITs?
Replies: 26
Views: 1929

Re: Farmland REITs?

Inherited a farm. Don't think I'd buy at current prices as the income from leasing the land is meh. You would need well over a thousand acres to generate any sort of reasonable income. I will grant that it is an extremely effective long-term inflation hedge, though, and we get all kinds of property ...
by KyleAAA
Wed Jul 20, 2016 10:19 am
Forum: Personal Consumer Issues
Topic: Why did the car salesman stop replying to my emails
Replies: 78
Views: 7620

Re: Why did the car salesman stop replying to my emails

And since there are so many loopholes that giving a price in writing over email isn't legally binding . . . . Hmmm...that argument seems a tad suspicious to me. It all depends on what is in the email, of course (and I suppose the jurisdiction), but it shouldn't be that difficult to establish that t...
by KyleAAA
Wed Jul 20, 2016 10:18 am
Forum: Personal Consumer Issues
Topic: Why did the car salesman stop replying to my emails
Replies: 78
Views: 7620

Re: Why did the car salesman stop replying to my emails

As consumers, this is the shopping experience we've created for ourselves and let's be honest, we deserve it. If you want a better experience, vote with your dollars by going to Carmax and paying a bit more. Totally disagree about this. Car dealers have very, very strong lobbying efforts that have ...
by KyleAAA
Wed Jul 20, 2016 9:26 am
Forum: Personal Consumer Issues
Topic: Why did the car salesman stop replying to my emails
Replies: 78
Views: 7620

Re: Why did the car salesman stop replying to my emails

Spend some time on http://www.reddit.com/r/askcarsales , and you will get a good understanding of how car salespeople operate. The salesperson probably decided that their time was better spend with customers who showed up in person, vs long email chains with a customer who may or may not be ready t...
by KyleAAA
Tue Jul 19, 2016 4:25 pm
Forum: Personal Consumer Issues
Topic: Why did the car salesman stop replying to my emails
Replies: 78
Views: 7620

Re: Why did the car salesman stop replying to my emails

My guess would be they think you aren't a serious buyer and just wasting their time. They are flooded with emails that don't go anywhere so it's somewhat understandable.
by KyleAAA
Mon Jul 18, 2016 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Too much house???
Replies: 58
Views: 5677

Re: Too much house???

Your friend can EASILY afford this house. A 3% withdrawal rate for $4.5 million would be $135k and that doesn't even take into account income from her job. I'd probably put at least 50% down in her shoes and finance the rest with cheap debt. Since your friend intends to work (and presumably continue...
by KyleAAA
Sun Jul 17, 2016 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?
Replies: 66
Views: 6959

Re: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?

why would you buy 1/3 of your partner's S Corp? Do they own the company you work for? What's the benefit of that? I don't have to buy any part of my friend's company. Buying in is Not required for the 4-month-per-year deal to go through. He owns 100% of his company. I own 100% of my company. I thou...
by KyleAAA
Sun Jul 17, 2016 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Whether to put 20% or 10% down on house
Replies: 20
Views: 2345

Re: Whether to put 20% or 10% down on house

Currently going through the mortgage process using Wells Fargo. Can confirm a 10% down jumbo loan with no PMI exists and the interest rate is, in fact, cheaper than even a 20% down conventional loan. Their explanation when asked was that since they hold onto their jumbo mortgages they have more pri...
by KyleAAA
Sun Jul 17, 2016 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?
Replies: 66
Views: 6959

Re: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?

I'm extremely fuzzy on the arrangement presented. For example, why would you buy 1/3 of your partner's S Corp? Do they own the company you work for? What's the benefit of that? But more objectively, you say your household expenses are $50k per year and you'd be making $133k per year. $133k > $50k, s...
by KyleAAA
Sat Jul 16, 2016 8:09 pm
Forum: Investing - Theory, News & General
Topic: "Pokemon Go" -- should buying Nintendo have been obvious?
Replies: 88
Views: 4642

Re: "Pokemon Go" -- should buying Nintendo have been obvious?

And no, I was well aware that this game would be filling up my news feed. Honestly, it was vary obvious to me. Plenty of things that are obvious to people end up being wrong. This is because you don't know what you don't know. And if you are telling me you knew in advance that masses of people who ...
by KyleAAA
Sat Jul 16, 2016 7:54 pm
Forum: Investing - Theory, News & General
Topic: "Pokemon Go" -- should buying Nintendo have been obvious?
Replies: 88
Views: 4642

Re: "Pokemon Go" -- should buying Nintendo have been obvious?

I can counter by stating that I am a finance professional, with many degrees and designations, and yes, companies 'managing expectations' is a very common occurrence! But this has nothing to do with managing expectations. And my friends in the industry don't work for Nintendo or Niantic, so even if...
by KyleAAA
Sat Jul 16, 2016 6:59 pm
Forum: Investing - Theory, News & General
Topic: "Pokemon Go" -- should buying Nintendo have been obvious?
Replies: 88
Views: 4642

Re: "Pokemon Go" -- should buying Nintendo have been obvious?

Folks who find the results to be unpredictable are simply out of touch. Their world view does not match reality. I'm not out of touch and I was surprised. My friends who work in the game industry were also surprised. They are REALLY not out of touch. My conclusion is that it wasn't as predictable a...
by KyleAAA
Sat Jul 16, 2016 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Whether to put 20% or 10% down on house
Replies: 20
Views: 2345

Re: Whether to put 20% or 10% down on house

Currently going through the mortgage process using Wells Fargo. Can confirm a 10% down jumbo loan with no PMI exists and the interest rate is, in fact, cheaper than even a 20% down conventional loan. Their explanation when asked was that since they hold onto their jumbo mortgages they have more pric...
by KyleAAA
Sat Jul 16, 2016 11:23 am
Forum: Investing - Theory, News & General
Topic: "Pokemon Go" -- should buying Nintendo have been obvious?
Replies: 88
Views: 4642

Re: "Pokemon Go" -- should buying Nintendo have been obvious?

YOU being unable to predict the success is more of a reflection of you being out of touch with current innovations and cultural developments. The only way that it wouldn't have been a sure thing is if nintendo had completely messed it up, but they wouldn't allow that to happen with one of their fla...
by KyleAAA
Fri Jul 15, 2016 10:34 pm
Forum: Investing - Theory, News & General
Topic: "Pokemon Go" -- should buying Nintendo have been obvious?
Replies: 88
Views: 4642

Re: "Pokemon Go" -- should buying Nintendo have been obvious?

The game wasn't expected to be very successful. I don't think the current craze could have been predicted and it's not at all correct to say it was obvious what would happen looking back.
by KyleAAA
Tue Jul 12, 2016 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Intermediate Vs. Long-Term Bonds NYTimes
Replies: 10
Views: 703

Re: Intermediate Vs. Long-Term Bonds NYTimes

Larry's bond book is an excellent read. In your situation, I personally would choose the intermediate term bond index and I think you'll likely come to a similar conclusion after doing your research. The choice between total bond market and intermediate term bond index mostly comes down to personal ...
by KyleAAA
Tue Jul 12, 2016 11:27 am
Forum: Investing - Help with Personal Investments
Topic: This portfolio appropriate for a 91 year old widow?
Replies: 26
Views: 2201

Re: This portfolio appropriate for a 91 year old widow?

Those are leveraged closed ended funds, meaning they borrow a lot of money. PCM in particular lost 27% in 2007 and 30% in 2008. Though volatility has been muted of late, if you go back 10 years you get a standard deviation of 14%, which is only slightly below the total stock market of 15% over that ...
by KyleAAA
Mon Jul 11, 2016 9:49 am
Forum: Investing - Help with Personal Investments
Topic: What is your taxable account investing strategy?
Replies: 29
Views: 2970

Re: What is your taxable account investing strategy?

I treat everything as one portfolio, only holding equity index funds in taxable accounts for tax efficiency (the same two you mentioned, coincidentally). Start with the total international fund in taxable to get the foreign tax credit and then add the total stock market fund if necessary. There's no...
by KyleAAA
Mon Jul 11, 2016 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on adding Wellesley to 3-Fund Portfolio in Roth IRA
Replies: 19
Views: 1407

Re: Thoughts on adding Wellesley to 3-Fund Portfolio in Roth IRA

Thank you both for the replies! Yes, I was considering adding Wellesley based on performance. I was thinking, instead of adding it when I'm 60 or so, why not add it now and let it compound and grow and shift more funds into it if need be when that time comes. That way I'm not starting from scratch ...

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