Search found 384 matches

by Nathan Drake
Sat Aug 26, 2017 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 66
Views: 5721

Re: Physician & Real Estate investor seeks advice

So how much did you put into your rental properties over this period and how did each one appreciate? Sometimes luck is just luck. Successful people can have bad luck. Just look at the recent cases of industry veterans in oil that have completely exited the business or been wiped out. Many real est...
by Nathan Drake
Sat Aug 26, 2017 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 66
Views: 5721

Re: Physician & Real Estate investor seeks advice

You seem very confident in your real estate investing. Some of your details don't really add up -- you made most of your (nearly 7 figure) real estate holdings from 3 years in residency? How does that work? Your income surely wouldn't have been great enough to have multiple property loans? I agree ...
by Nathan Drake
Sat Aug 26, 2017 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 66
Views: 5721

Re: Physician & Real Estate investor seeks advice

You seem very confident in your real estate investing. Some of your details don't really add up -- you made most of your (nearly 7 figure) real estate holdings from 3 years in residency? How does that work? Your income surely wouldn't have been great enough to have multiple property loans? I agree t...
by Nathan Drake
Sat Jun 10, 2017 10:55 pm
Forum: Investing - Theory, News & General
Topic: Tell me a stock you like better than Google/Alphabet Right Now and Why
Replies: 101
Views: 8550

Re: Tell me a stock you like better than Google/Alphabet Right Now and Why

My advice would be to start tracking your performance against some benchmark like Growth Index or S&P 500 Index (if you are not) and see how you do over 3-5 years. It is very difficult for the individual investor to pick stocks and beat the market; many here would say it is nearly impossible. M...
by Nathan Drake
Thu May 18, 2017 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else agree with my logic on silicon valley housing?
Replies: 84
Views: 7975

Re: Anyone else agree with my logic on silicon valley housing?

I'm an engineer living in silicon valley, and I am pretty sure I'm going to exit within the next year, to somewhere like Austin, Texas or something. I came to the revelation that I need to live SV when I realized that, as long as I am comfortable financially, lifestyle is more important to me than ...
by Nathan Drake
Wed Mar 15, 2017 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Do you avoid international investing like Jack Bogle?
Replies: 151
Views: 9935

Re: Do you avoid international investing like Jack Bogle?

I tilt 66% international 33% US and reside in the US. Reasons why: 1. Valuations - US has had great performance lately and now has roughly half the world's equity, however historically I believe this will mean revert. 2. My job & career are tied to the US. 3. I don't believe in the superiority o...
by Nathan Drake
Sun Jan 15, 2017 8:21 pm
Forum: Investing - Theory, News & General
Topic: leverage and beating the market
Replies: 45
Views: 4545

Re: leverage and beating the market

If you're a buy & hold investor that has been able to weather downturns before in the past and doesn't have a need to touch investments for 30+ years, is there any issue in holding a bit of leverage to increase returns and avoid margin calls? In my early 30s and would like to find a smart way t...
by Nathan Drake
Sat Jan 14, 2017 11:05 pm
Forum: Investing - Theory, News & General
Topic: leverage and beating the market
Replies: 45
Views: 4545

Re: leverage and beating the market

If you're a buy & hold investor that has been able to weather downturns before in the past and doesn't have a need to touch investments for 30+ years, is there any issue in holding a bit of leverage to increase returns and avoid margin calls? In my early 30s and would like to find a smart way to...
by Nathan Drake
Thu Nov 17, 2016 11:55 pm
Forum: Investing - Theory, News & General
Topic: Have low interest rates effected any internatinal stocks in the same way it has effected US dividend funds?
Replies: 7
Views: 922

Re: Have low interest rates effected any internatinal stocks in the same way it has effected US dividend funds?

I wonder if the case can also be made at how much more undervalued international stocks are as a result. Their P/E is much lower along with interest rates.
by Nathan Drake
Sun Aug 14, 2016 1:21 pm
Forum: Investing - Theory, News & General
Topic: Avoid International?
Replies: 103
Views: 11414

Re: Avoid International?

While returns of US vs. Intl stocks are expected to be around the same for long investment horizons (30+ years), I do think there's some benefit to holding a global market cap portfolio since you can have long stretches of under or out performance of one versus the other. US stocks had their "d...
by Nathan Drake
Fri Jun 10, 2016 9:03 pm
Forum: Personal Consumer Issues
Topic: Best Playstation 4 Games for Beginners?
Replies: 28
Views: 3228

Re: Best Playstation 4 Games for Beginners?

As the name suggests, I also recommend the Uncharted series. Get the collection and Uncharted 4. If you set the difficulty on easy the games aren't difficult.

Closest gaming series I've seen to a hollywood blockbuster
by Nathan Drake
Sun Feb 07, 2016 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for some clarification on ROTH Conversion Ladders
Replies: 5
Views: 657

Re: Looking for some clarification on ROTH Conversion Ladders

It's no different than Roth IRA contributions other than you have to delay principal withdrawal for 5 years after the conversion. Once it's converted, that initial amount is the principal, and any growth thereafter will need to wait until retirement age. The idea is to withdraw in this order: 1. Tax...
by Nathan Drake
Sat Jan 16, 2016 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Should I use some of my emergency fund to buy cheap stocks right now?
Replies: 36
Views: 5157

Re: Should I use some of my emergency fund to buy cheap stocks right now?

It depends on your circumstances. I think saving an emergency fund initially makes sense. But as the years go by and the Roth IRA and taxable accounts grow, it makes less and less sense to hold on to such a substantial amount of cash. OP may not be in such a situation, but if you have a few years s...
by Nathan Drake
Sat Jan 16, 2016 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Should I use some of my emergency fund to buy cheap stocks right now?
Replies: 36
Views: 5157

Re: Should I use some of my emergency fund to buy cheap stocks right now?

If you have a sizable Roth IRA or taxable account I feel that emergency funds are highly overrated. People hold large balances in cash for long periods of time and seldom ever use it. Nathan Drake, Say who? I survived through multiple rounds of recessions and multiple periods of unemployment lastin...
by Nathan Drake
Sat Jan 16, 2016 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Should I use some of my emergency fund to buy cheap stocks right now?
Replies: 36
Views: 5157

Re: Should I use some of my emergency fund to buy cheap stocks right now?

If you have a sizable Roth IRA or taxable account I feel that emergency funds are highly overrated.

People hold large balances in cash for long periods of time and seldom ever use it.
by Nathan Drake
Tue Jan 05, 2016 12:34 am
Forum: Personal Consumer Issues
Topic: Should I replace an old car that is technically still running?
Replies: 34
Views: 2672

Re: Should I replace an old car that is technically still running?

Had a similar car situation and made a thread about it.

Decided to get rid of it and purchased completely brand new. Hopefully I'll get to 300k with the new car (Honda Civic). Figure it's good for at least 200k miles without too much trouble
by Nathan Drake
Sat Jan 02, 2016 2:20 pm
Forum: Investing - Theory, News & General
Topic: frustrating to keep investing in international/EM
Replies: 179
Views: 19528

Re: frustrating to keep investing in international/EM

Total international is around 33% below its 2007 peak right now in USD.
by Nathan Drake
Sat Jan 02, 2016 2:05 pm
Forum: Personal Consumer Issues
Topic: New or Lightly Used Honda CRV?
Replies: 16
Views: 2258

Re: New or Lightly Used Honda CRV?

I've heard a major redesign is coming for next year similar to the Civic. May want to wait for that, but if timing is an issue id probably get it new. Hondas do not depreciate nearly as much as other vehicles so the used car cost won't give you much of a discount if you take into account that the us...
by Nathan Drake
Sat Jan 02, 2016 1:47 pm
Forum: Investing - Theory, News & General
Topic: frustrating to keep investing in international/EM
Replies: 179
Views: 19528

Re: frustrating to keep investing in international/EM

But there are folks that say intl/EM are highly correlated with US markets. May be true, but the magnitude can diverge greatly. As we've seen, the US was quicker to react with easing measures, and did not have the political conflict that the EU has which resulted in better fiscal actions on behalf o...
by Nathan Drake
Sat Jan 02, 2016 1:37 pm
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 196
Views: 26980

Re: The Big Short

Really enjoyed the film, but I must have missed what Ryan Gosling's motivation was? How did he profit off of selling these bad (for the bank) default swaps? I'm not positive, but I think he merely received a broker fee and a bonus. And, even a fee that constitutes a tiny percentage of the huge mone...
by Nathan Drake
Sat Jan 02, 2016 12:44 pm
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 196
Views: 26980

Re: The Big Short

Really enjoyed the film, but I must have missed what Ryan Gosling's motivation was? How did he profit off of selling these bad (for the bank) default swaps?
by Nathan Drake
Fri Jan 01, 2016 11:53 pm
Forum: Investing - Theory, News & General
Topic: Is the collapse of oil price a "black swan"?
Replies: 133
Views: 17087

Re: Is the collapse of oil price a "black swan"?

Certainly natural gas will remain relevant for a while, though the big question is where oil goes from here if EVs become priced for the mass market in ten years. In my view demand for oil could be greatly reduced in relatively short order and never bounce back.
by Nathan Drake
Fri Jan 01, 2016 1:54 am
Forum: Investing - Theory, News & General
Topic: Is the collapse of oil price a "black swan"?
Replies: 133
Views: 17087

Re: Is the collapse of oil price a "black swan"?

Of course it hard in West Texas, South Dakota and Alberta. Those guys were booming for 10 years, and now its a bust. Was going to happen eventually given the coming long term decline in oil demand , and I think everyone in that business with half a brain knew it was coming. It's not at all clear to...
by Nathan Drake
Sun Dec 27, 2015 10:58 pm
Forum: Personal Consumer Issues
Topic: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?
Replies: 75
Views: 9515

Re: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?

Ended up getting the new Civic using the tips suggested in this thread and others. Negotiated price strictly through email against all the major dealers in my city. The bids coming back from highest to lowest were a few thousand dollars apart. Received two quotes much lower than the rest and began a...
by Nathan Drake
Fri Dec 18, 2015 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: For people with a MBA..when should I be looking to apply?
Replies: 30
Views: 2382

Re: For people with a MBA..when should I be looking to apply?

Thanks for the advice! I would definitely wait..but the problem is the opportunity costs grow exponentially the longer I wait. At age 30, I'll most likely be at a director level in consulting ($300k+ annual salary) and be in the running for partner. At that point, the payback of the MBA literally d...
by Nathan Drake
Sun Dec 13, 2015 7:39 pm
Forum: Personal Consumer Issues
Topic: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?
Replies: 75
Views: 9515

Re: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?

I don't see the issue with financing when rates are so low, unless you use the financing as a means to go over your budget on a car and that's not what I'm doing.

I'd prefer to not pull money out of savings to pay for a car upfront.
by Nathan Drake
Sat Dec 12, 2015 11:45 pm
Forum: Personal Consumer Issues
Topic: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?
Replies: 75
Views: 9515

Re: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?

Now I'm wondering if I should consider a lease. My yearly mileage is somewhat high (20,000 miles), but I could find a lease for around $250/mo for a Civic with 20k miles/yr with no downpayment. If I were to repeat this for 10 years (or around 3 lease terms), this translates to roughly $30k over a te...
by Nathan Drake
Tue Dec 08, 2015 8:59 pm
Forum: Personal Consumer Issues
Topic: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?
Replies: 75
Views: 9515

Re: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?

Bumping this thread because I'll likely try and make the purchase here in a few weeks, and I'm going to follow the internet quote strategy and not even bring up financing until I already have a firm price. However, I do want to finance the car since interest rates are so low and I have a high credit...
by Nathan Drake
Thu Nov 19, 2015 11:15 pm
Forum: Personal Consumer Issues
Topic: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?
Replies: 75
Views: 9515

Re: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?

One thing I'm a little concerned about is the fact that the auto industry seems to be on the verge of going through some pretty radical shifts in technology -- should I be concerned about this? You have proclamations from certain auto makers that autonomous vehicles will be here in 4 years. Then you...
by Nathan Drake
Wed Nov 18, 2015 9:43 pm
Forum: Personal Consumer Issues
Topic: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?
Replies: 75
Views: 9515

Re: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?

If you want to purchase a 2016 Civic I suggest you wait until very near year end 2015. The week after Christmas is pretty dead for new car sales. New years eve day or day before is a great day to buy a car as dealers are desperate to move whatever they have on the lot before the new year starts. Us...
by Nathan Drake
Tue Nov 17, 2015 10:57 pm
Forum: Personal Consumer Issues
Topic: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?
Replies: 75
Views: 9515

Re: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?

Thanks for the replies! Regarding vehicle choice, I'll simply respond to what someone mentioned below: Something that isn't so loud and causes vibration to irrate your tendons. Something with enough legroom so you backseat passengers don't need to be contorsonists. Enough trunk room to take a vacati...
by Nathan Drake
Mon Nov 16, 2015 11:05 pm
Forum: Personal Consumer Issues
Topic: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?
Replies: 75
Views: 9515

Re: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?

Also curious if the Honda Sensing suite of Safety Features is worth the additional $1000 MSRP. I'm inclined to say yes, plus it's probably an item that can be negotiated.
by Nathan Drake
Mon Nov 16, 2015 10:58 pm
Forum: Personal Consumer Issues
Topic: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?
Replies: 75
Views: 9515

1999 Honda Civic, 200K miles --- buy a new 2016 Civic?

Car topics tend to be popular on here, so here's another one! I currently have a 1999 Honda Civic with around 200K miles. Had the transmission rebuilt about 2 years ago ($2k cost), and I've since driven the car for around 35,000 miles without issue. This is the first car I've ever owned and I've had...
by Nathan Drake
Sat Oct 24, 2015 10:20 pm
Forum: Investing - Theory, News & General
Topic: "Bogle: Tough Decade Ahead for Equity Investors"
Replies: 135
Views: 17419

Re: "Bogle: Tough Decade Ahead for Equity Investors"

Fixed income isn't going to be returning anywhere close to 3 percent real.

I would imagine it will get 0% real at best.

4%, while smaller than 6-7% of the past, is still much better than 0%. Compounded annually, it makes a huge difference.
by Nathan Drake
Sat Oct 24, 2015 9:46 pm
Forum: Investing - Theory, News & General
Topic: "Bogle: Tough Decade Ahead for Equity Investors"
Replies: 135
Views: 17419

Re: "Bogle: Tough Decade Ahead for Equity Investors"

Because a 4% real return is still great even if it's not as good as 7% of the past?

Nobody knows what the future will bring.
by Nathan Drake
Sat Oct 24, 2015 12:13 pm
Forum: Investing - Theory, News & General
Topic: "Bogle: Tough Decade Ahead for Equity Investors"
Replies: 135
Views: 17419

Re: "Bogle: Tough Decade Ahead for Equity Investors"

Curious what the ERP is of international markets right now and how they look compared to their historical averages? The blackrock article showed that US stocks are attractively valued relative to the risk free rate, but with European rates even lower coupled with a much lower P/E, I wouldn't be surp...
by Nathan Drake
Thu Oct 22, 2015 10:52 pm
Forum: Investing - Theory, News & General
Topic: "Bogle: Tough Decade Ahead for Equity Investors"
Replies: 135
Views: 17419

Re: "Bogle: Tough Decade Ahead for Equity Investors"

Big flaw in the reasoning against International equities (such as demographics, socialism, etc) is the fact that much like the US, large cap developed equities do a substantial portion of their business overseas. They are not necessarily anchored to their domestic markets. Which is why I think valua...
by Nathan Drake
Sun Oct 18, 2015 10:16 pm
Forum: Investing - Theory, News & General
Topic: Eliminate International?
Replies: 78
Views: 7308

Re: Eliminate International?

visualguy, The flaw in your thinking is recency bias. For those that are extremely wealthy, most own some sort of business. But you're only seeing a small fraction of those that start businesses, and whether through hard work and some combo of luck, manage to strike it rich, and they didn't do it by...
by Nathan Drake
Sun Sep 20, 2015 11:56 pm
Forum: Investing - Theory, News & General
Topic: Japan vs US stock returns over 30 years - Why So Different?
Replies: 43
Views: 4394

Re: Japan vs US stock returns over 30 years - Why So Different?

Valuations are very important. While some metrics put US equities as overvalued, they are a far cry from Japanese equities at their peak.

International stocks in general have very attractive valuations right now, out of all equities.
by Nathan Drake
Sun Sep 13, 2015 1:31 pm
Forum: Investing - Theory, News & General
Topic: is anything 'cheap' out there?
Replies: 82
Views: 14568

Re: is anything 'cheap' out there?

Looking at Vanguard international (VGTSX), it's basically been a "forgotten/dead decade" for these stocks (minus the dividend returns).

Will international have its 2-3X return in the span of a few years like the S&P 500?
by Nathan Drake
Sat Sep 12, 2015 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: How Much To Save/Invest After Retirement and Emergency Funding Is Maxed Out
Replies: 17
Views: 1404

Re: How Much To Save/Invest After Retirement and Emergency Funding Is Maxed Out

JustinTime wrote:Yeah maybe a bit more just depends how Q4 ends for the business.

Nathan Drake wrote:Making 400K at 24 years old? Wow


Curious what business you are in?
by Nathan Drake
Tue Aug 18, 2015 10:50 pm
Forum: Investing - Theory, News & General
Topic: Should you own foreign stocks?
Replies: 67
Views: 5867

Re: Should you own foreign stocks?

Returns may be similar for 30 year+ periods, but the dispersion of returns between certain periods (similar direction, but different in magnitude), makes me feel more comfortable holding foreign stocks. Just look at the "lost decade" for US stocks after the tech-bust, international had muc...
by Nathan Drake
Fri Aug 07, 2015 9:23 pm
Forum: Investing - Theory, News & General
Topic: Energy Sector: Oil and gas
Replies: 50
Views: 4551

Re: Energy Sector: Oil and gas

There's possibility of making a short term profit (3-5 years), however when I take a long-term approach (10-20+ years), I see electric vehicles coming to the center stage and eventually replacing the automobile fleet over the long horizon. That, and the possibility of autonomous driving & uber-e...
by Nathan Drake
Thu Apr 16, 2015 11:24 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri looking to internationalize his portfolio
Replies: 507
Views: 123801

Re: Rick Ferri looking to internationalize his portfolio

YTD: Vanguard Total Stock: 3.62% Vanguard Total International: 9.53% Vanguard Emerging Markets: 10.99% What if the dip never comes? Which is precisely why I have been rebalancing back to 60% international ever since US equities went on a large surge while international lagged behind. It's just now ...
by Nathan Drake
Thu Apr 09, 2015 9:53 pm
Forum: Investing - Theory, News & General
Topic: investing in Europe paying off?
Replies: 2
Views: 697

Re: investing in Europe paying off?

Total International +7.8% YTD Total US Stock Market + 2.5% YTD This is after accounting for currency fluctuations. I'm a little surprised that Euro stocks are hitting all time highs, but I suppose that's the effect of currency changes. VGTSX still isn't anywhere close to all time highs set back in 2...
by Nathan Drake
Sun Apr 05, 2015 12:49 am
Forum: Personal Finance (Not Investing)
Topic: My wife is getting a new job -- some related questions
Replies: 19
Views: 2335

Re: My wife is getting a new job -- some related questions

What does your wife do to earn that much, and is it stressful at her age?
by Nathan Drake
Fri Mar 20, 2015 12:31 am
Forum: Investing - Theory, News & General
Topic: The Most Likely Portfolio Peril — Inflation or Deflation?
Replies: 40
Views: 5440

Re: The Most Likely Portfolio Peril — Inflation or Deflation

Let's not confuse equity deflation (Japan stock's P/E soaring to 100+ levels and being reduced to a fifth of that over the coming decades) and consumer prices deflation. I see no reason why equities couldn't be a good hedge against deflation given the right set of circumstances. Total returns may be...
by Nathan Drake
Sat Jan 17, 2015 11:51 pm
Forum: Investing - Theory, News & General
Topic: Why invest in International funds? It's a mystery
Replies: 121
Views: 13888

Re: Why invest in International funds? It's a mystery

I have to scratch my heads at the people in this thread saying that "international is highly correlated to domestic equities, so there's no reason to hold international" 1. Have you even been keeping up with the performance of US vs. Intl stocks the past 5 years? US has outperformed intern...
by Nathan Drake
Thu Jan 08, 2015 11:26 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri looking to internationalize his portfolio
Replies: 507
Views: 123801

Re: Rick Ferri looking to internationalize his portfolio

Foreign stocks are almost always undervalued relative to US stocks. If you examine the relative returns of foreign versus domestic stocks you will note that they regularly move in multi year cycles. Historically patient buyers have been rewarded for taking advantage of these relatively long cycles ...