Search found 6201 matches

by KyleAAA
Sun Oct 22, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: When one reaches the 1 million mark what to do with all the money?
Replies: 21
Views: 3230

Re: When one reaches the 1 million mark what to do with all the money?

OP's question about hacking is the only one that really worries me much. If I had $5 million (I don't yet) I would likely want to spread my money around at different brokerages i.e. IRAs at Vanguard, taxable at Schwab. Two factor authentication is just too easily defeated to rely on alone. In terms ...
by KyleAAA
Sat Oct 21, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 100
Views: 6573

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Need, no. But it would be nice to have low-cost DFA access. The principles of tax efficient investing are relatively straightforward: total market index funds in taxable as well as small/value if you tilt (true small/value, not VBR), everything else in tax-advantaged. If you must, muni bonds in taxa...
by KyleAAA
Fri Oct 20, 2017 10:13 am
Forum: Personal Consumer Issues
Topic: Mercedes Benz E300 Navigation System
Replies: 34
Views: 1191

Re: Mercedes Benz E300 Navigation System

Many native systems are pretty good but they often can't take current traffic into account like Google Maps. They often come with outdated maps from the factory but you can usually easily update them for free (within 3 years of purchase for Mazdas).
by KyleAAA
Thu Oct 19, 2017 1:34 pm
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 5274

Re: Is a crash coming soon?

I am extremely confident in my prediction that a crash will probably happen at some point in the future.
by KyleAAA
Thu Oct 19, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 129
Views: 9212

Re: anyone else not liking the new cars?

I was looking to replace my 07 lexus es350 with 195,000 miles on it and have decided to keep it another year or two. In my opinion the new es350 lexus grill is hideous and they have what is basically a mouse to use the navigation. The nav also has voice commands but with the front end, the mouse an...
by KyleAAA
Wed Oct 18, 2017 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is a doctor's practice one of the safest and most profitable businesses?
Replies: 58
Views: 3451

Re: Is a doctor's practice one of the safest and most profitable businesses?

I wouldn't think so. I would think software would be among the most profitable generic lines of business.
by KyleAAA
Tue Oct 17, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 68
Views: 6877

Re: Vanguard expects "decent sized correction" soon

A "decent sized correction" at "some point." Really stepping out on a limb there, Vanguard.
by KyleAAA
Mon Oct 16, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Giving Less in Dividends than Competitors?
Replies: 13
Views: 2062

Re: Vanguard Giving Less in Dividends than Competitors?

Ignore dividends, they are irrelevant. Compare total returns over the long term.
by KyleAAA
Sat Oct 14, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 388
Views: 46491

Re: Quicken's future direction - a cause for concern

The transition to a SaaS subscription model for software like this is unstoppable.
by KyleAAA
Tue Oct 10, 2017 9:18 am
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 11775

Re: 100% in bond to wait for market crash?

I see no evidence of a stock bubble or an impending recession. Growth has been slow but steady and if anything the next year or two is looking up vs the recent past. Fundamentals are strong. That said, I still have 30% of my portfolio in bonds and plan to stay that way. Market timing doesn't work. T...
by KyleAAA
Tue Oct 10, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Made a career mistake- advice/next steps
Replies: 35
Views: 5616

Re: Made a career mistake- advice/next steps

Could you go back to your previous employer? Presumably they valued your contribution. It's actually very common for people to change jobs after only a few months and so long as you don't make a habit of it, it won't generally be held against you. There is an army of recruiters out there who special...
by KyleAAA
Mon Oct 09, 2017 12:58 pm
Forum: Personal Consumer Issues
Topic: Sonoma in October
Replies: 56
Views: 4720

Re: Sonoma in October

For Sonoma, Buena Vista was interesting in an old-school way. It didn't really seem like the others wineries in Sonoma, which tend to be more laid back. We really liked Imagery and Arrowood in Glen Ellen. Viansa had a great view and some good wine but I think we mainly liked it because it was the fi...
by KyleAAA
Mon Oct 09, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 133
Views: 9426

Re: What advice to give 21 year old?

Similarly, about 1.8% of college football players are selected in the NFL draft every year. I started the thread, so I guess I’m allowed to go OT, but 1.8% is higher than I would have guessed. What percentage manage to make a living at it for, say, 5 years or longer? This has been a topic with a fr...
by KyleAAA
Mon Oct 09, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 133
Views: 9426

Re: What advice to give 21 year old?

Howdy I guess you are agreeing with me that it what I wrote is not “pure fiction” after all. Thanks W B No, I am not. A new software engineer at a technology company will easily make in excess of $150K per year This is pure fiction. A college athlete has about as much chance of making an NFL roster...
by KyleAAA
Mon Oct 09, 2017 8:51 am
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 133
Views: 9426

Re: What advice to give 21 year old?

Howdy My kids are sort of in the same boat. I have had this discussion with them several times. They are young and overwhelmingly their assets are human capital, with high earning potential in science and CS related fields, including opportunities in startups and other high-risk high- return opport...
by KyleAAA
Mon Oct 09, 2017 8:47 am
Forum: Investing - Help with Personal Investments
Topic: overloaded w/ Goog?
Replies: 10
Views: 1192

Re: overloaded w/ Goog?

carson1380 wrote:
Sun Oct 08, 2017 11:46 pm
I know diversification is a good thing
...
Any thoughts or advice?
Yes, I have advice. To quote a wise man, "I know diversification is a good thing."
by KyleAAA
Sun Oct 08, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 133
Views: 9426

Re: What advice to give 21 year old?

Howdy My kids are sort of in the same boat. I have had this discussion with them several times. They are young and overwhelmingly their assets are human capital, with high earning potential in science and CS related fields, including opportunities in startups and other high-risk high- return opport...
by KyleAAA
Sat Oct 07, 2017 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 10066

Re: Third time in my 32 year career I have been laid off

In your shoes I would retire and take part-time contract work to keep busy and pad the retirement account little. If you aren't tied to staying in California you could lead a very nice lifestyle somewhere cheaper. You appear to have plenty.
by KyleAAA
Thu Oct 05, 2017 9:00 am
Forum: Investing - Help with Personal Investments
Topic: TLTD - Int'l Developed Small/Value Tilt Fund
Replies: 9
Views: 714

Re: TLTD - Int'l Developed Small/Value Tilt Fund

There unfortunately (still!) aren't many great options in that space. FNDC and DLS are probably the best outside of DFA, but FNDC's value loading tends to fluctuate a lot over time (sometimes it has a moderate tilt and sometimes little-to-none). DLS's weakness is it only includes dividend stocks, so...
by KyleAAA
Thu Oct 05, 2017 8:54 am
Forum: Investing - Theory, News & General
Topic: Throwing Down with a Primerica Advisor
Replies: 45
Views: 3249

Re: Throwing Down with a Primerica Advisor

Who cares which you would have been better off investing in 20 years ago? You don't have a time machine. What we know is that cost predicts returns amongst similarly-allocated funds better than any other factor. VTSMX is the clear forward-looking winner and it isn't even close.
by KyleAAA
Thu Oct 05, 2017 8:52 am
Forum: Investing - Help with Personal Investments
Topic: How much should an 18 year old keep in bonds?
Replies: 28
Views: 1399

Re: How much should an 18 year old keep in bonds?

It's only a 10% bond allocation. While they do add a tiiiiiiiny bit of diversification, honestly, it won't make a significant difference in the long run. Flip a coin.
by KyleAAA
Wed Oct 04, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16290

Re: $10 million+ - Still Working and LBYM

You can leverage stocks too using margin. You can use options. But that''s not the point I am trying to make. Real estate is not, historically, a "safe" investment. You can't leverage on terms anywhere near as advantageous with stocks. I guess it depends on your definition of "safe," but you'll be ...
by KyleAAA
Wed Oct 04, 2017 12:08 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16290

Re: $10 million+ - Still Working and LBYM

WanderingDoc wrote:
Wed Oct 04, 2017 12:31 am
2) Ability to make an infinite return (buy at 70% LTV or ARV, rehab or wait, pull out 80% or less of LTV or ARV = infinite return).
That is not an infinite return. Dividing a number by zero does not equal infinity. What you really mean is "it is a very high return," so say that.
by KyleAAA
Wed Oct 04, 2017 12:06 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16290

Re: $10 million+ - Still Working and LBYM

If you are FI in your early 30s, then let's say you started building your real estate empire in 2009 at the bottom of the financial crisis. According to this data and again here , the S&P CoreLogic Case-Shiller San Francisco Home Price NSA Index bottomed out at about 120 or so. It's now at 245. Gre...
by KyleAAA
Mon Oct 02, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 6053

Re: Are credit cards rewards worth it?

I sometimes question some of the responses I read about cash rebate cards. If one receives an annual cash rebate of $2,500 using a 2% cash-back card that means charging $125,000 annually that card. Under what conditions would a person make personal charges of $125,000 to a credit card to obtain suc...
by KyleAAA
Mon Oct 02, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Reach out to hiring manager directly on LinkedIn?
Replies: 52
Views: 2947

Re: Reach out to hiring manager directly on LinkedIn?

As a hiring manager, I see no downside in this. Worst case if the company policy requires that you go through HR, they will just tell you and you will be no worse off. Even then, I would appreciate the initiative. As a hiring manager, I would naturally be a little irked if someone did this to me, a...
by KyleAAA
Mon Oct 02, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Reach out to hiring manager directly on LinkedIn?
Replies: 52
Views: 2947

Re: Reach out to hiring manager directly on LinkedIn?

As a hiring manager, I see no downside in this. Worst case if the company policy requires that you go through HR, they will just tell you and you will be no worse off. Even then, I would appreciate the initiative. As a hiring manager, I would naturally be a little irked if someone did this to me, a...
by KyleAAA
Sun Oct 01, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Reach out to hiring manager directly on LinkedIn?
Replies: 52
Views: 2947

Re: Reach out to hiring manager directly on LinkedIn?

It would annoy me as a hiring manager and wouldn't help in any way, but it probably wouldn't hurt either.
by KyleAAA
Thu Sep 28, 2017 5:13 am
Forum: Investing - Theory, News & General
Topic: Which bogleheads have a "high need to take risk"?
Replies: 51
Views: 4509

Re: Which bogleheads have a "high need to take risk"?

Did somebody just refer to software engineering as a stable field? How quickly we forget 2000.
by KyleAAA
Sat Sep 23, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 79
Views: 7345

Re: Help?! My 70 year old father is 100% invested in equities

If your dad's portfolio is large enough that he only needs to withdraw 3% per year, 100% in equities isn't crazy. Aggressive, yes, but not crazy. When you're 70 and only need 3% to live, pretty much any reasonable portfolio will work. I'd suggest you stay out of it.
by KyleAAA
Fri Sep 22, 2017 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: $3.6 million at age 25 - need investment advice
Replies: 44
Views: 5390

Re: $3.6 million at age 25 - need investment advice

Seems like the Lifestrategy Growth Fund would serve you well. Is it the most tax-efficient? No. Should you care? No, it's only 20% bonds. You're set for life so long as you don't withdrawal more than 3% per year.
by KyleAAA
Fri Sep 22, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Large Mortgage
Replies: 24
Views: 2336

Re: Large Mortgage

3.125 for a huge mortgage is better. I also don't think rate will go lower. But I'm really surprised that you can get this rate. Last I looked on PenFed, it was a lot higher for a conforming loan. Conforming != jumbo. I, too, was surprised to find cases where the jumbo rate was less than the confor...
by KyleAAA
Thu Sep 14, 2017 12:53 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 18338

Re: Is it really Worth it to brown bag your lunch at work?

Yes, but not for financial reasons. I find I tend to eat significantly healthier when I bring my lunch.
by KyleAAA
Wed Sep 13, 2017 7:33 pm
Forum: Personal Consumer Issues
Topic: Someone set up PayPal account using my email...
Replies: 35
Views: 2705

Re: Someone set up PayPal account using my email...

Reset the password on them (since you get the emails), then log in and delete the account.
by KyleAAA
Fri Sep 08, 2017 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 8710

Re: When calculating net worth, how do you value your house?

I take the average of redfin, zillow, and trulia and then multiply by 0.94 to account for liquidating value after commission. Good enough for my purposes.
by KyleAAA
Wed Sep 06, 2017 8:05 pm
Forum: Personal Consumer Issues
Topic: Places to see in Chicago
Replies: 45
Views: 2959

Re: Places to see in Chicago

Field Museum, river architecture tour, and food are 3 things I recommend. Maybe a blues club if you're into that sort of thing. Please let me know if you find a good AL tour as I'm in Chicago probably every other month and it sounds interesting. Go to Girl and the Goat or Au Cheval if you can get a ...
by KyleAAA
Wed Sep 06, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Wife believes 7+% returns from stock market are guaranteed
Replies: 64
Views: 5735

Re: Wife believes 7+% returns from stock market are guaranteed

The stock market doesn't guarantee 7%+ returns; however, your wife is correct that over the long term you're very likely to come out ahead financially taking on a mortgage and investing the difference. That belief doesn't require a guarantee.
by KyleAAA
Mon Sep 04, 2017 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Is it worth looking into 'put options'?
Replies: 10
Views: 876

Re: Is it worth looking into 'put options'?

Lauretta wrote:
Mon Sep 04, 2017 10:28 am
KyleAAA wrote:
Mon Sep 04, 2017 10:20 am
There are a few very specific situations a boglehead might consider using puts
thanks :-) would you say the S&P500 at present is such a situation?
No, the situations are driven by life circumstances, not the level of the market.
by KyleAAA
Mon Sep 04, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Is it worth looking into 'put options'?
Replies: 10
Views: 876

Re: Is it worth looking into 'put options'?

I would say no, they aren't useful in a boglehead-style long term retirement portfolio. Insurance has costs, and costs are a drag on returns. There are a few very specific situations a boglehead might consider using puts, but not as a general strategy.
by KyleAAA
Sun Sep 03, 2017 9:03 pm
Forum: Investing - Theory, News & General
Topic: Why can't the future of stocks be predicted
Replies: 61
Views: 3432

Re: Why can't the future of stocks be predicted

Because nobody knows the future. If you knew he future, you could easily predict stock prices. OP's question reduces to, simply, "why can't the future be predicted?" I suppose that's more a question for a physics or philosophy forum.
by KyleAAA
Wed Aug 30, 2017 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Deferred compensation plan? risky?
Replies: 59
Views: 2422

Re: Deffered compensation plan? risky?

12% for a bank loan sounds high, but a 12% weighted average cost of capital for a business of that size is well within the realm of what's reasonable. Maybe that's what the CEO meant? But yeah, it does sound a bit fishy.
by KyleAAA
Tue Aug 29, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate vs stock market returns: some unbiased numbers
Replies: 40
Views: 5269

Re: Real estate vs stock market returns: some unbiased numbers

I'm going to choose to take these questions at face value. in two minutes a year? really? are you still talking real estate or buying real estate sector (REITS, close end funds, etc) ? Well that's a bit disingenuous since I spend considerably more than two minutes per year managing my index portfoli...
by KyleAAA
Tue Aug 29, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Real estate vs stock market returns: some unbiased numbers
Replies: 40
Views: 5269

Re: Real estate vs stock market returns: some unbiased numbers

Just comparing returns are not fair. I consider real estate rental investing as a part-time job. Index fund investing, on the other hand, can be done passively, IN ADDITION TO A PART-TIME JOB. It can be a part-time job. It can also be roughly as passive as index investing. The active investors tend...
by KyleAAA
Mon Aug 28, 2017 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Real estate vs stock market returns: some unbiased numbers
Replies: 40
Views: 5269

Re: Real estate vs stock market returns: some unbiased numbers

Your real estate numbers are conservative but reasonable. Your stock/bond numbers are considerably beyond conservative for a 30 year period. 8% seems more likely. But yes, if you have skill ans are willing to put in the work you can make significantly more in real estate.
by KyleAAA
Sat Aug 26, 2017 11:00 am
Forum: Personal Consumer Issues
Topic: Photobucket - disappearing images and $$$ - has it affected you?
Replies: 28
Views: 2561

Re: Photobucket - disappearing images and $$$ - has it affected you?

Photobucket, much like Image Shack, has been obsolete for years. Not surprised to see them take another step in the wrong direction. "Pictures" are not obsolete. If they charged $$ from the get-go, fine, most folks would have went elsewhere, but to suddenly do it 'now', destroying many of the image...
by KyleAAA
Fri Aug 25, 2017 10:30 am
Forum: Personal Consumer Issues
Topic: Photobucket - disappearing images and $$$ - has it affected you?
Replies: 28
Views: 2561

Re: Photobucket - disappearing images and $$$ - has it affected you?

Photobucket, much like Image Shack, has been obsolete for years. Not surprised to see them take another step in the wrong direction. "Pictures" are not obsolete. If they charged $$ from the get-go, fine, most folks would have went elsewhere, but to suddenly do it 'now', destroying many of the image...
by KyleAAA
Thu Aug 24, 2017 12:56 pm
Forum: Personal Consumer Issues
Topic: Photobucket - disappearing images and $$$ - has it affected you?
Replies: 28
Views: 2561

Re: Photobucket - disappearing images and $$$ - has it affected you?

Meh, serving all those images cost them a fortune. I wasn't surprised. Seems like they are getting desperate.
by KyleAAA
Tue Aug 22, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we consider cash flow from rentals but not our own homes?
Replies: 89
Views: 5878

Re: Why do we consider cash flow from rentals but not our own homes?

I would agree that owner equivalent rent in excess of replacement cost does technically count as income. For most people it's not significant enough to matter but if it is for you, count it.
by KyleAAA
Mon Aug 21, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 13612

Re: I own no international stocks. Can you guess why?

My guess is it's because radiation from today's solar eclipse will create a generation of superhuman mutants across North America who will go on to conquer the rest of the world. It's unwise to invest abroad under those circumstances.