Search found 5806 matches

by KyleAAA
Fri Jul 22, 2016 8:43 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation/Trust Income
Replies: 6
Views: 416

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: 70
Views: 6155

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: 1838

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: 70
Views: 6155

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: 70
Views: 6155

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: 70
Views: 6155

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: 70
Views: 6155

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: 5526

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: 6733

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: 2291

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: 6733

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: 4464

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: 4464

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: 4464

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: 2291

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: 4464

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: 4464

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: 681

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: 2111

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: 2891

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: 1364

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 ...
by KyleAAA
Wed Jul 06, 2016 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Ideal allocation for someone who has reached their "number"
Replies: 32
Views: 3285

Re: Ideal allocation for someone who has reached their "number"

There's no such thing as an ideal asset allocation because there are just too many variables at play. If you've truly hit your number, you probably only need to invest to keep up with inflation. TIPS seem ideal at first glance, but I'd be extremely wary of putting my entire portfolio in any one asse...
by KyleAAA
Wed Jul 06, 2016 9:34 am
Forum: Investing - Help with Personal Investments
Topic: International Bond Fund: yes or no
Replies: 33
Views: 1897

Re: International Bond Fund: yes or no

They aren't necessary, no. But then again, neither are REITs or emerging market stocks and many/most of us own those. I don't own international bond funds just because were I to do so with my current allocation, it would come out to less than 5% of my portfolio. I'll be 30-40% bonds at some point in...
by KyleAAA
Tue Jul 05, 2016 9:00 am
Forum: Personal Consumer Issues
Topic: Sentra or Corolla?
Replies: 37
Views: 2575

Re: Sentra or Corolla?

I would probably only consider a mazda 3 or corolla in that segment. The Sentra's reputation is mediocre at best. A civic wouldn't be a bad choice, but in my opinion you can get more of whatever you're looking for in either the Mazda or the toyota. FWIW I traded a Corolla for a Mazda 3 and it's shoc...
by KyleAAA
Mon Jul 04, 2016 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off rental or not?
Replies: 17
Views: 1625

Re: Pay off rental or not?

If it's only cash flow neutral I might just consider selling it. What's your cap rate?
by KyleAAA
Sun Jul 03, 2016 10:41 am
Forum: Investing - Theory, News & General
Topic: Vanguard Int'l Dividend Fund
Replies: 13
Views: 1768

Re: Vanguard Int'l Dividend Fund

I wonder what the dividend yield will end up being on it? Vanguard Total International Stock Index Fund is already in the high 2% range, so I'm guessing this high dividend index will at least be around upper 3% range? If you look at the advisor portion of the site, it reads 4.53%. But this number i...
by KyleAAA
Fri Jul 01, 2016 10:16 am
Forum: Investing - Help with Personal Investments
Topic: I made a profitable mistake
Replies: 11
Views: 1699

Re: I made a profitable mistake

You feel guilty for being lucky? This isn't a cult, it's an investment philosophy. The fact that you realize you got lucky is probably enough to prevent you from thinking you can do it again in the future.
by KyleAAA
Fri Jul 01, 2016 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Please show me why three fund is better than this...
Replies: 44
Views: 3044

Re: Please show me why three fund is better than this...

Back testing only tell you what worked in the past, not what will work in the future. Worse, it doesn't tell you WHY it worked in the past. The most likely explanation is if you take 500 potential portfolios, a few of them are always going to look like slam-dunks by pure chance. Unless you can disco...
by KyleAAA
Fri Jul 01, 2016 9:14 am
Forum: Investing - Theory, News & General
Topic: Vanguard Int'l Dividend Fund
Replies: 13
Views: 1768

Re: Vanguard Int'l Dividend Fund

Not much data on Morningstar yet, but they classify the International High Dividend fund as large-cap value and the International Dividend Appreciation fund as large-cap growth.
by KyleAAA
Thu Jun 30, 2016 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Boston area teardown bubble? Sign of a housing downturn ahead?
Replies: 74
Views: 4256

Re: Boston area teardown bubble? Sign of a housing downturn ahead?

This is also happening in Atlanta, except the 3000 Sq ft mansions are only going for $500-700k in all but the most expensive in town neighborhoods. A few neighborhoods are seeing $1MM+ in fills but they are rare even in those hoods. $700k is a lot but most of these households are probably in the $15...
by KyleAAA
Tue Jun 21, 2016 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Accounting or Computer Science
Replies: 67
Views: 5245

Re: Accounting or Computer Science

CS has the advantage because there's no need to get a masters or any certifications. Less time in school + similar pay = more lifetime pay. Both degrees can get you into the C suite. Is it correct that following are the CS cons? - Effects of offshoring in second half of career from 45 to 65 No, this...
by KyleAAA
Mon Jun 20, 2016 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Wellesley or Balanced Index or Life Strategy Conservative Growth or Wellington
Replies: 31
Views: 3965

Re: Wellesley or Balanced Index or Life Strategy Conservative Growth or Wellington

A 50/50 mix of Wellesley and Lifestrategy Conservative Growth would give you a solid, well-diversified, conservative portfolio with a tilt to value stocks and corporate bonds. Still 60% bonds so it should fare relatively well in bear markets.
by KyleAAA
Mon Jun 20, 2016 9:09 am
Forum: Personal Consumer Issues
Topic: What would be the best way to sell this software?
Replies: 80
Views: 3378

Re: What would be the best way to sell this software?

If you let people download the executable then you need to sell it with a one-time fee or the license just won't fit. An AWS remote desktop thing would let you make a different license style work but it will be a pain for most people. This I really don't understand. How hard can it be to double-cli...
by KyleAAA
Sun Jun 19, 2016 7:15 pm
Forum: Personal Consumer Issues
Topic: What would be the best way to sell this software?
Replies: 80
Views: 3378

Re: What would be the best way to sell this software?

But to get back to the current question, my plan is to host it on AWS VMs so there won't be any installation or version problems. All the user will be able to do is login, run the program, and exit, so I don't have to worry too much about configuration either. Would they use a command line interfac...
by KyleAAA
Sun Jun 19, 2016 6:55 pm
Forum: Personal Consumer Issues
Topic: What would be the best way to sell this software?
Replies: 80
Views: 3378

Re: What would be the best way to sell this software?

But to get back to the current question, my plan is to host it on AWS VMs so there won't be any installation or version problems. All the user will be able to do is login, run the program, and exit, so I don't have to worry too much about configuration either. Would they use a command line interfac...
by KyleAAA
Sun Jun 19, 2016 6:45 pm
Forum: Personal Consumer Issues
Topic: What would be the best way to sell this software?
Replies: 80
Views: 3378

Re: What would be the best way to sell this software?

This should be a web application and you should charge a monthly subscription fee. If you think supporting different web browsers and mobile devices is hard, wait til you try to support a desktop application...

This is a textbook SaaS product. The economics of going the desktop app route are poor.
by KyleAAA
Sat Jun 18, 2016 6:22 pm
Forum: Personal Consumer Issues
Topic: website hosting for low traffic website?
Replies: 17
Views: 1167

Re: website hosting for low traffic website?

Honestly, all the cheap hosts are pretty much the same for a low-traffic site.
by KyleAAA
Fri Jun 17, 2016 4:43 pm
Forum: Investing - Theory, News & General
Topic: Pfau: Why Bond Funds Don't Belong in Retirement Portfolios
Replies: 138
Views: 17909

Re: Pfau: Why Bond Funds Don't Belong in Retirement Portfolios

dhodson wrote:It's never irrelevant. Similar problems crop up all the time with all other fields. As pointed out, the assumptions favor certain conclusions.


Why? I don't see any justification for this conclusion.
by KyleAAA
Wed Jun 15, 2016 9:34 am
Forum: Investing - Help with Personal Investments
Topic: How to handle MSFT buyout of LNKD
Replies: 20
Views: 2324

Re: How to handle MSFT buyout of LNKD

It's a cash deal so as long as it goes through, cash will be deposited in your account. You don't really need to DO anything unless you think the deal won't close for some reason. I personally think it's a really good acquisition in principal but for the price? Only time will tell on that. EBITDA sh...
by KyleAAA
Tue Jun 14, 2016 6:33 am
Forum: Investing - Theory, News & General
Topic: Options for low risk bonds in taxable account
Replies: 4
Views: 412

Re: Options for low risk bonds in taxable account

Either the limited term or the intermediate term tax exempt fund would work depending on your desired duration. I'd probably go with the intermediate term fund, myself.
by KyleAAA
Thu Jun 09, 2016 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Are Rentals As Bad As Some Make Them Out To Be?
Replies: 66
Views: 5570

Re: Are Rentals As Bad As Some Make Them Out To Be?

No. This forum in general has a ridiculously inaccurate view of how much work and how much risk is involved with rental properties. If your numbers are accurate (almost sounds too good to be true in a lot of markets), that sounds like a good investment. Rentals aren't no work but to compare them to ...
by KyleAAA
Mon Jun 06, 2016 9:33 am
Forum: Personal Consumer Issues
Topic: Best AWD Sedan/Coupe?
Replies: 53
Views: 3860

Re: Best AWD Sedan/Coupe?

If under $20k and AWD are both requirements, a used Subaru is really your only viable option. You could potentially get an older Audi, but maintenance is going to be a lot more expensive than with a newer Subie. Do you REALLY need AWD? FWD with winter tires does great in the snow, after all. If you ...
by KyleAAA
Wed Jun 01, 2016 9:17 am
Forum: Investing - Theory, News & General
Topic: International stocks underperformed for the last 20 years.
Replies: 135
Views: 9939

Re: International stocks underperformed for the last 20 years.

There is far more evidence that international equities will chronically underperform because there is no investable long-term data showing otherwise. Bogleheads are the ones that promote international equity, I think the burden of proof lies with the Bogleheads. Simply saying that in theory interna...
by KyleAAA
Tue May 31, 2016 9:38 pm
Forum: Investing - Theory, News & General
Topic: International stocks underperformed for the last 20 years.
Replies: 135
Views: 9939

Re: International stocks underperformed for the last 20 years.

There is far more evidence that international equities will chronically underperform because there is no investable long-term data showing otherwise. Bogleheads are the ones that promote international equity, I think the burden of proof lies with the Bogleheads. Simply saying that in theory interna...
by KyleAAA
Tue May 31, 2016 11:05 am
Forum: Personal Consumer Issues
Topic: Moving to North Carolina from NYC
Replies: 66
Views: 5376

Re: Moving to North Caolina from NYC

APB wrote:I'd love to move NYC to NC, but cannot due to limited job prospects there for myself and significant other. (We work in software / tech.


FYI, the tech industry is huge in NC, especially in the Research Triangle area. Job prospects won't be a problem and 6 figures goes a lot further than in NYC.
by KyleAAA
Fri May 27, 2016 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 2 factor authentication
Replies: 11
Views: 887

Re: Vanguard 2 factor authentication

That's the downside of SMS-based 2fa. You might want to ask Vanguard about what you can do if you happened to be out of the country and your wife needed to log in. I'm sure you aren't the first to ask them this question so I would assume they have options. As for whether it's really much more secure...
by KyleAAA
Thu May 26, 2016 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: US REIT P/E seem high - buy anyway for diversification?
Replies: 39
Views: 2355

Re: US REIT P/E seem high - buy anyway for diversification?

KyleAAA suggests using P/FFO instead. My understanding is that this would make the REIT sector look more attractive, but also sounds a little bit like what someone selling REITs would use to measure their valuation.... FFO and AFFO are what analysts use and are universally accepted metrics. REITs a...
by KyleAAA
Thu May 26, 2016 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: US REIT P/E seem high - buy anyway for diversification?
Replies: 39
Views: 2355

Re: US REIT P/E seem high - buy anyway for diversification?

REITs are best valued in terms of P/FFO, not P/E. P/E is not really considered a valid measure for REITs because the E part has little bearing on reality due to the massive depreciation write-offs inherent in real estate. FFO generally involves adding back depreciation and deducting the gains on sal...
by KyleAAA
Thu May 26, 2016 3:53 pm
Forum: Personal Consumer Issues
Topic: Real price for a new car
Replies: 64
Views: 5536

Re: Real price for a new car

Look it up on Truecar. It's usually within a few hundred dollars of what you'll pay if you negotiate well.
by KyleAAA
Thu May 26, 2016 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Is Real Estate Market going crazy again?
Replies: 101
Views: 10176

Re: Is Real Estate Market going crazy again?

The market is booming in Atlanta. Sold my condo in less than a day for full list price. Most houses in decent neighborhoods are going for full list within a week of going on the market, usually with multiple offers.

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