Search found 2148 matches

by MossySF
Tue Apr 25, 2017 2:58 am
Forum: Personal Consumer Issues
Topic: New job and offer - recruiter sent a wrong $$
Replies: 43
Views: 4558

Re: New job and offer - recruiter sent a wrong $$

Changing jobs is like free agency in sports -- it's your opportunity to get a salary bump. If you waste your opportunity switching for the same salary, that'll just put your career 3-5 years further behind (the next move after this).
by MossySF
Tue Apr 25, 2017 2:20 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 101
Views: 6881

Re: Why is Real-Estate so Bad?

It's easy to fudge numbers to make RE returns seem better than they are. And we do it because that's just human psychology -- affirmation bias, loss avoidance, etc. You don't have the price of your RE holdings going up and down on a computer screen in realtime. So if there is a temporary drop, it's ...
by MossySF
Tue Apr 18, 2017 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Why invest in International Index Fund?
Replies: 38
Views: 3132

Re: Why invest in International Index Fund?

20 years seems like a long time but if you eyeball historic charts, it feels like each cycle of performance/underperformance lasts about 7 years. Hence, 20 years is just enough to have a 2 GOOD/1 BAD or 2 BAD/1 GOOD in some sequence. Yeah, it sucks that you do have to wait 40 years to see a trend be...
by MossySF
Mon Apr 17, 2017 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Why invest in International Index Fund?
Replies: 38
Views: 3132

Re: Why invest in International Index Fund?

If you look at the math directly, adding more diversification means you never will have the top performing portfolio for any period. Doesn't matter if it's 1 year, 5 years or 50 years. You will always lag the top portfolio that owned a single asset class (or a single stock) that performed best for t...
by MossySF
Mon Apr 17, 2017 12:38 am
Forum: Investing - Help with Personal Investments
Topic: I got a FACTA-related form from my home country?
Replies: 24
Views: 1082

Re: I got a FACTA-related form from my home country?

How? Most banks seem to charge a lot to do a wire transfer, and sending a check is usually very time consuming (typically takes a month to clear after it has been deposited) and there's a commission. Wells Fargo has a free transfer option if you are at PMA Plus status (250K balance). Otherwise, it'...
by MossySF
Thu Apr 06, 2017 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Variable Universal Life - how long to stay?
Replies: 20
Views: 1734

Re: Variable Universal Life - how long to stay?

You should read through the prospectus yourself. The prospectus states the commission amount except they usually call it something like unit charge per dollar coverage. VULs *can* be decent if: (1) you already max out every possible retirement vehicle and have a hefty taxable account already ... (2)...
by MossySF
Mon Apr 03, 2017 9:22 am
Forum: Personal Consumer Issues
Topic: China Trip - Visa Expediter?
Replies: 26
Views: 1360

Re: China Trip - Visa Expediter?

I went and got my visa at the consulate myself. Took two visits, one to drop off my passport with the forms (15 mins total) and another 4 business days later to pick up my passport with the visa (5 mins total). Depends on which consulate. If you go to the one in San Francisco, it's 3-5 hours to sub...
by MossySF
Sun Apr 02, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Saving 50% of salary; what does it really mean?
Replies: 142
Views: 10413

Re: Saving 50% of salary; what does it really mean?

They mean after tax. That seems like it should have been the obvious answer to you. Actually, you would be wrong assuming that "should have been the obvious answer". I interpret that as 50% of gross income. Why shouldn't I look at it that way, when a potentially large chunk of your salary...
by MossySF
Fri Mar 31, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Saving 50% of salary; what does it really mean?
Replies: 142
Views: 10413

Re: Saving 50% of salary; what does it really mean?

And because they don't own a home, they don't pay real estate taxes and they don't get subjected to AMT. Have a kid and you'll find you may have part of your exemption taken away courtesy of Pease. I have the solution, let's all move to a no income tax state or don't buy a home, open a business so ...
by MossySF
Fri Mar 31, 2017 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Saving 50% of salary; what does it really mean?
Replies: 142
Views: 10413

Re: Saving 50% of salary; what does it really mean?

I ran some numbers on taxformcalculator.com with dual income professional couple over 55 and assumed their combined salary $300K. Even without including the real estate taxes or health insurance premium, 44% of the money is taken straight off the top! These numbers are too high. Using Taxcaster, I ...
by MossySF
Wed Mar 22, 2017 2:29 am
Forum: Personal Consumer Issues
Topic: Short visit to Hong Kong - "must do/see"?
Replies: 16
Views: 1240

Re: Short visit to Hong Kong - "must do/see"?

youdiditr2 wrote:I actually liked Hong Kong Disneyland. Don't shoot me!


The lines for HK Disneyland are way shorter than in other Disneylands around the world. There were a bunch of rides where we got off and immediately ran back in and got back on.
by MossySF
Wed Mar 22, 2017 12:29 am
Forum: Investing - Theory, News & General
Topic: Why buying the falling funds don’t work?
Replies: 7
Views: 1095

Re: Why buying the falling funds don’t work?

My own opinion ... I've tried various techniques across different accounts and it's better to let it ride for a while before you "rebalance". Momentum is a studied factor so if you switch out too soon, you may buy shares cheap but you lose out on a lot of the bubblicious gains. What the ri...
by MossySF
Wed Mar 22, 2017 12:06 am
Forum: Personal Consumer Issues
Topic: Anybody using the TERMINAL over the GUI in ubuntu?
Replies: 45
Views: 2638

Re: Anybody using the TERMINAL over the GUI in ubuntu?

The CLI is especially useful for doing lots of repetitive actions. For example, let's say you want to resize 100,000 photos to get them small enough to upload to some cloud account -- I would do something like this: echo "convert \$1 -resize 33.33% -filter Cubic -quality 80 ~/temp/resize33/\$1&...
by MossySF
Mon Mar 20, 2017 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: My son wants to move to Hong Kong
Replies: 35
Views: 4644

Re: My son wants to move to Hong Kong

I don't want to get this thread side-tracked. I was just making that comment that an average American with a white complexion working an average retail job at the mall will probably see a bump in social class and opportunities in Hong Kong. This could make it a bonus for moving to Hong Kong permanen...
by MossySF
Mon Mar 20, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: My son wants to move to Hong Kong
Replies: 35
Views: 4644

Re: My son wants to move to Hong Kong

The cost of housing is high but if you are willing to live in a smaller footprint, you can offset with other lower living costs. The metro is cheap and best run in the world. Many people live in high rises where you can just take an elevator down to the shops/supermarkets at ground/2nd floor of your...
by MossySF
Sat Mar 18, 2017 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: How to report HSA gains in CA return? (H&R block software)
Replies: 19
Views: 1047

Re: How to report HSA gains in CA return? (H&R block software)

For dividends and interest, it's easy. Make a fake 1099DIV entry that is tax-free for federal but taxable for CA. It would basically be the equivalent of dividends/interest from a nationwide muni bond fund. For capital gains, TaxAct allowed me to update line 13 of the CA Adjustment form to make the ...
by MossySF
Mon Mar 06, 2017 2:20 am
Forum: Personal Finance (Not Investing)
Topic: HSA Maintenance Fee - California Returns
Replies: 4
Views: 649

Re: HSA Maintenance Fee - California Returns

There's little guidance on CA HSA laws. I myself do deduct the fees against my interest/taxable gains.
by MossySF
Sun Mar 05, 2017 5:22 am
Forum: Personal Consumer Issues
Topic: Where do you order checks from?
Replies: 57
Views: 3558

Re: Where do you order checks from?

You can print your own checks if you have a MICR toner cartridge. My company used to do this in the old days before outsourced bill paying services.
by MossySF
Sun Mar 05, 2017 1:16 am
Forum: Investing - Theory, News & General
Topic: Why not hedge using futures?
Replies: 54
Views: 3753

Re: Why not hedge using futures?

A question; I do not understand the 60-40 breakdown of long and short term capital gains. The holding period for long term gains is one year. If I bought the short futures now it seems to me that at the end of the year everything would be short term capital gains? Capital gains on futures are taxed...
by MossySF
Fri Mar 03, 2017 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Ameriprise VUL IV ES: should I stay or should I go?
Replies: 2
Views: 202

Re: Ameriprise VUL IV ES: should I stay or should I go?

Since you can't get replacement insurance yet, just wait it out.

Yeah you got into a bad deal but it's pretty much a wash whether you take the surrender charge now or wait it out. The insurance companies always design it perfectly to benefit them either way.
by MossySF
Thu Mar 02, 2017 1:28 pm
Forum: Personal Consumer Issues
Topic: Chromebook video quality question
Replies: 13
Views: 672

Re: Chromebook video quality question

If using an HDMI cable the computer should be able to find out the TV's native resolution and set the video output resolution accordingly, so I doubt it's a case of mismatched resolutions. More likely that the resolution was just too low for the size of the TV screen. In mirror mode, the highest co...
by MossySF
Thu Mar 02, 2017 12:49 pm
Forum: Personal Consumer Issues
Topic: Chromebook video quality question
Replies: 13
Views: 672

Re: Chromebook video quality question

This would be a TV resolution mismatch. Your TV probably doesn't support enough resolution variations so your Chromebook has to negotiate down to something low. This is common for TVs that weren't designed for computer resolutions.
by MossySF
Thu Mar 02, 2017 1:38 am
Forum: Personal Consumer Issues
Topic: Used German Luxury vs New Japanese
Replies: 89
Views: 7468

Re: Used German Luxury vs New Japanese

I'll insert a caveat about the driving experience. It dramatically decreases as you get into the heavier models. From looking at the OP's target of $50K used, that's about the price of 3-year old BMW 750. You'd just be driving a boat with a big engine and is not that different from a Japanese car at...
by MossySF
Wed Mar 01, 2017 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Why can't I save enough to have decent vacation or restaurant meal
Replies: 125
Views: 11514

Re: Why can't I save enough to have decent vacation or restaurant meal

In a country as large as the United States, surely there are "decent" vacation spots close by to anybody which won't cost an arm & a leg?!?!
by MossySF
Sun Feb 26, 2017 8:44 pm
Forum: Investing - Theory, News & General
Topic: News Article Today: Index Investing Unmasked: 96% Of Stocks Are Garbage. What does this mean??
Replies: 13
Views: 1535

Re: News Article Today: Index Investing Unmasked: 96% Of Stocks Are Garbage. What does this mean??

All you have to do is identify the 96% underperforming stocks and not invest in them. Easy. Right?
by MossySF
Thu Feb 02, 2017 5:35 pm
Forum: Personal Consumer Issues
Topic: Should you stop using your antivirus software?
Replies: 36
Views: 2762

Re: Should you stop using your antivirus software?

Antivirus is pretty much useless against today's phishing attacks. Our work computers had everything enabled -- latest patches, antivirus, firewalls, etc. -- and a user clicking an email attachment activated ransomware that encrypted half our drives. Antivirus can only protect against known signatur...
by MossySF
Wed Feb 01, 2017 12:39 am
Forum: Investing - Theory, News & General
Topic: Betterment just raised their costs.
Replies: 189
Views: 16229

Re: Betterment just raised their costs.

Vanguard's 0% platform fee is for the no advisor service -- whether robo or personal. If you can do it all yourself, why did go to Betterment in the first place? Now I feel for the overseas expats working for foreign employers who had to choose Betterment because Vanguard wouldn't let them open acco...
by MossySF
Sat Jan 14, 2017 6:33 am
Forum: Investing - Theory, News & General
Topic: "Millennials may need to double how much they save for retirement"
Replies: 173
Views: 17723

Re: "Millennials may need to double how much they save for retirement"

jimb_fromATL wrote:Just saw a news article somewhere on TV this morning that the average millennial spends a bigger percentage of their budget for coffee than for retirement funding.


So $30/day coffee habit means they could be saving as much as $11K a year which is a pretty good number.
by MossySF
Tue Jan 10, 2017 12:36 am
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 118
Views: 19651

Re: Sad News About a Respected Forum Member

I loved reading Ole Meph's posts about insurance. The details to be gleaned were always enlightening.

He will be missed on this forum and in life.
by MossySF
Tue Jan 10, 2017 12:34 am
Forum: Investing - Help with Personal Investments
Topic: [403(b) Fidelity or TIAA Cref allocation, and do I want one?]
Replies: 137
Views: 5571

Re: EJ not [costing me as much as] others?

Besides the annual capital gains, the biggest strike against the EJ FA is putting you in 19 different funds. Blend them all together and then look at the combined stock holdings -- how much different will that be from holding 2 or 3 Vanguard index funds (besides the extra fees, taxes and complicatio...
by MossySF
Mon Jan 09, 2017 3:09 am
Forum: Personal Finance (Not Investing)
Topic: W2 vs. 1099
Replies: 6
Views: 585

Re: W2 vs. 1099

I have no idea what your tax professional told you but they really should presented something more concrete versus just "more deductions". It would have taken them 5 minutes to whip up a spreadsheet to show the net gain/loss for the 2 scenarios. If it was me, the employer would have to off...
by MossySF
Sat Jan 07, 2017 3:37 am
Forum: Investing - Theory, News & General
Topic: Can someone explain Vanguard's higher turnover rates vs Index Funds?
Replies: 22
Views: 2105

Re: Can someone explain Vanguard's higher turnover rates vs Index Funds?

Here's something to think about. Say rates drop and a bond price appreciates. I could hold onto it until maturity and which time all the capital gains would disappear in favor of the annual distributions of interest. What's my tax rate on interest? Income rate. Or I could sell it, take the gains imm...
by MossySF
Thu Jan 05, 2017 5:38 am
Forum: Investing - Theory, News & General
Topic: VUSD or HKG:3140
Replies: 3
Views: 246

Re: VUSD or HKG:3140

Because Europe treats dividends and capital gains differently, European ETFs try to reinvest dividends as part of internal mechanism. This means when dividends are issued by the underlying S&P500 companies, the price of the ETF does not decrease. In Hong Kong, neither capital gains nor dividends...
by MossySF
Fri Dec 30, 2016 11:09 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting - Is it worth it?
Replies: 85
Views: 6338

Re: Tax Loss Harvesting - Is it worth it?

I remembered to TLH just in time to get my transactions done on 12/30. It'll cost me an extra time to type in all the transactions into TaxAct. But I type fast and I consider saving probably $2000 in taxes to be worth my time. EDIT: I see TaxAct has a CSV import option. I'll try that this coming yea...
by MossySF
Fri Dec 30, 2016 9:29 am
Forum: Investing - Theory, News & General
Topic: "Maybe instead of chanting 'U-S-A', investors should be thinking 'C-A-P-E'?"
Replies: 18
Views: 2458

Re: "Maybe instead of chanting 'U-S-A', investors should be thinking 'C-A-P-E'?"

If I was to use such a strategy, I'd keep the stock/bond allocation the same but range US/INTL based on relatively historic CAPE versus current CAPE. For example, make 70/30 US/INTL the middle/average point with 60/40 <--> 80/20 as the range.
by MossySF
Fri Dec 30, 2016 1:21 am
Forum: Investing - Theory, News & General
Topic: "Maybe instead of chanting 'U-S-A', investors should be thinking 'C-A-P-E'?"
Replies: 18
Views: 2458

Re: "Maybe instead of chanting 'U-S-A', investors should be thinking 'C-A-P-E'?"

Whether rebalancing or over-rebalancing, there's always a bit of knife catching. If you do it in steps versus one big chunk, you can usually capture enough of the bottom. If you aim for buying every share at absolutely bottom and selling every share at absolute top, you will always miss. I usually s...
by MossySF
Thu Dec 29, 2016 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: Canada + US Tax-Advantaged Accounts for Dual Citizen
Replies: 5
Views: 403

Re: Canada + US Tax-Advantaged Accounts for Dual Citizen

Will Canada let you contribute to a RRSP if you aren't a tax resident? Thinking it through logically, I doubt it since you'd need Canadian earned income in order to deduct it from Canadian taxes.
by MossySF
Thu Dec 29, 2016 7:40 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Three Month Update
Replies: 135
Views: 12308

Re: Learning an instrument as an adult?

I played Double Bass plus did some "backup" Cello in school and didn't think it was any harder than violin/viola (when messing around during off time). I did try picking up a violin recently and my hands are too big nowadays to press down the strings with any accuracy. But my wide hands th...
by MossySF
Thu Dec 29, 2016 12:35 am
Forum: Investing - Theory, News & General
Topic: frustrating to keep investing in international/EM
Replies: 179
Views: 18277

Re: frustrating to keep investing in international/EM

Seems like this was the thread to have back in 2009 when US was a great deal -- especially the US REIT sector. But that's just me thinking pondering through the "buy low, sell high" idea.
by MossySF
Wed Dec 28, 2016 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Canada + US Tax-Advantaged Accounts for Dual Citizen
Replies: 5
Views: 403

Re: Canada + US Tax-Advantaged Accounts for Dual Citizen

The US will tax you on any gains inside the TFSA. Only the pretax accounts -- deductible traditional IRA+401K / RRSP -- are honored by treaty on both sides.
by MossySF
Wed Dec 28, 2016 8:40 pm
Forum: Investing - Theory, News & General
Topic: Does Vanguard always have our best interests in mind?
Replies: 55
Views: 4877

Re: Does Vanguard always have our best interests in mind?

The name no longer has "Tax Managed" in the funds but is there any underlying difference? If you read the descriptions of tax-managed funds, there isn't much change ... unless you add an extra requirement to never sell a company even if it drops out of the index you are following. And comb...
by MossySF
Wed Dec 28, 2016 9:59 am
Forum: Investing - Theory, News & General
Topic: Does Vanguard always have our best interests in mind?
Replies: 55
Views: 4877

Re: Does Vanguard always have our best interests in mind?

I believe most people go into finance with the concept of Enough in mind. Mr Bogle had no need to write about it. Wall Street is different. Any where else - like a suburb of a city founded on brotherly love - has finance people who care about you and love you. Companies have a vision created by the...
by MossySF
Wed Dec 28, 2016 7:15 am
Forum: Investing - Theory, News & General
Topic: Does Vanguard always have our best interests in mind?
Replies: 55
Views: 4877

Re: Does Vanguard always have our best interests in mind?

Vanguard could raise fees of course but for what purpose? There are no shareholders to partake in the profits from those fees. Sure the fund manager could get a raise from $1M to $2M a year. Would we even notice it though in our $100B fund? Maybe all 100 employees get a 50% raise? Spread over the 50...
by MossySF
Wed Dec 28, 2016 5:08 am
Forum: Investing - Help with Personal Investments
Topic: Reducing US equity allocation, increasing EMs
Replies: 7
Views: 776

Re: Reducing US equity allocation, increasing EMs

My opinion is that it's ok to make a tactical allocation change. Just don't go overboard and do it in steps. Why? Is your advise based on technical reasons? Well the reality is these kinds of decisions don't matter much. I've done a bit of tactical allocation and the decisions have turned out prett...
by MossySF
Wed Dec 28, 2016 3:39 am
Forum: Investing - Help with Personal Investments
Topic: Reducing US equity allocation, increasing EMs
Replies: 7
Views: 776

Re: Reducing US equity allocation, increasing EMs

My opinion is that it's ok to make a tactical allocation change. Just don't go overboard and do it in steps.
by MossySF
Tue Dec 27, 2016 10:29 pm
Forum: Investing - Theory, News & General
Topic: VGTSX Price in 2000 - $14.31. Price in late 2016? $14.63.
Replies: 17
Views: 1808

Re: VGTSX Price in 2000 - $14.31. Price in late 2016? $14.63.

Yes, international has had some short periods of outperformance but it hasn't made up for the past 20 years. 20 year cycle is too short. The average bear-bull cycle is roughly 7 years so right now we are the ragged end of a US-INTL-US pattern. What if you looked back 30 years instead? I'm too lazy ...
by MossySF
Tue Dec 27, 2016 9:44 pm
Forum: Investing - Theory, News & General
Topic: VGTSX Price in 2000 - $14.31. Price in late 2016? $14.63.
Replies: 17
Views: 1808

Re: VGTSX Price in 2000 - $14.31. Price in late 2016? $14.63.

Why would you have bought in 2000 when the graph shows you clearly could have waited for a much better deal in 2002? :beer For any asset class, you can always find start/end dates to prove your point. Just a few years ago, this was the same topic in this thread about U.S. Stocks because bonds were w...
by MossySF
Tue Dec 27, 2016 8:02 am
Forum: Investing - Theory, News & General
Topic: Remember what it was like before the recession?
Replies: 81
Views: 8798

Re: Remember what it was like before the recession?

I remember in 2004, my wife & I walked into Washington Mutual to open a CD. The conversation soon took this turn: Banker: "Are you planning to buy a house?" Me: "Of course but it'll probably take us another 2 years to save up the downpayment." Banker: "You know, many of ...
by MossySF
Mon Dec 26, 2016 11:58 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand if/why I should buy bonds in this environment
Replies: 21
Views: 2739

Re: Help me understand if/why I should buy bonds in this environment

Since 2009, there have been multiple threads on this board about this subject. Rates can't go any lower, they must go up soon so why buy bonds? And yet the rates kept dropping and dropping. Yeah, rates finally went up and somebody who posted about this subject back in 2009 can finally say "see,...
by MossySF
Mon Dec 26, 2016 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is it possible to graduate from college in 3 years?
Replies: 101
Views: 5008

Re: Is it possible to graduate from college in 3 years?

I remember this story from 10 years ago:

http://www.washingtonpost.com/wp-dyn/co ... 01779.html

David Banh, an 18-year-old from Annandale, just graduated from the University of Virginia in one year. With a double major.

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