Search found 45 matches

by Salmon
Wed Nov 15, 2017 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way

Doing some more reading and perhaps 80/20 is indeed the way to go as it provides an acceptable balance of risk vs return This is what I’m thinking : 20% bonds, 15% domestic SCV, 25% domestic market, 15% EM, 25% Intl Thoughts? Some other questions: 1. Should we superfund 529? 2. What to do with extra...
by Salmon
Tue Oct 31, 2017 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way

Salmon, 100% stock only works in the long run. It does not work if you are going to reach your number in 10 years. That is not a long time aka long run. You need to start with the basic. A) How much you have now? B) How much do you save every year? C) When do you want to reach your number? D) What ...
by Salmon
Tue Oct 31, 2017 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way

Salmon, 100% stock only works in the long run. It does not work if you are going to reach your number in 10 years. That is not a long time aka long run. You need to start with the basic. A) How much you have now? B) How much do you save every year? C) When do you want to reach your number? D) What ...
by Salmon
Sun Oct 29, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way

Salmon, you have been getting some excellent help from posters, but it appears that you may be missing some fundamentals in portfolio development and management. I don't know or sure, but I'm assuming you do not have a written plan or an investment policy statement. Those two things will help you g...
by Salmon
Sun Oct 29, 2017 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way

New annual Contributions Her 401a - 18K + some employer match Her 403b - 18K Her additional retirement account - 18K Her NEW Fido account - about 50K annual, but no monies yet Her VG Roth - $5500 His Company one - 18K + some employer match His Company two - about 40K/year His VG Roth - $5500 Total ...
by Salmon
Thu Oct 26, 2017 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way

Salmon, 100% stock only works in the long run. It does not work if you are going to reach your number in 10 years. That is not a long time aka long run. You need to start with the basic. A) How much you have now? B) How much do you save every year? C) When do you want to reach your number? D) What ...
by Salmon
Thu Oct 26, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way

I agree with KlangFool , based in what you have posted so far, that your goal seems to be in reach without taking an unnecessary risk with a 100% stock allocation. How do I rebalance what I have to what I want? Assuming 80/20 or 100/0? What type of account is her "future" retirement account, which ...
by Salmon
Wed Oct 25, 2017 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way

OP, I am a big picture type of person. So, would you please summarize your financial situation. 1) Gross income -> above 400K -> okay. That is enough to go on. correct 2) Emergency fund plus down payment -> 700K correct 3) Plan to buy a 2 million dollar house. not necessarily - the house MAY cost u...
by Salmon
Wed Oct 25, 2017 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way

OP, Let's go back to the big picture. 1) What is your number? Do you have one? Haven't given number a thought really. Just had a newborn so FI has not been on the front burner as sleep deprived :mrgreen: . We are also in our mid 30s. If I had to guess, I would say number is $5mil+ with no debt? 2) ...
by Salmon
Wed Oct 25, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way

OP, Let's go back to the big picture. 1) What is your number? Do you have one? Haven't given number a thought really. Just had a newborn so FI has not been on the front burner as sleep deprived :mrgreen: . We are also in our mid 30s. If I had to guess, I would say number is $5mil+ with no debt? 2) ...
by Salmon
Wed Oct 25, 2017 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way

OP, I am a big picture type of person. So, would you please summarize your financial situation. 1) Gross income -> above 400K -> okay. That is enough to go on. correct 2) Emergency fund plus down payment -> 700K correct 3) Plan to buy a 2 million dollar house. not necessarily - the house MAY cost u...
by Salmon
Wed Oct 25, 2017 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way

OP, I am a big picture type of person. So, would you please summarize your financial situation. 1) Gross income -> above 400K -> okay. That is enough to go on. correct 2) Emergency fund plus down payment -> 700K correct 3) Plan to buy a 2 million dollar house. not necessarily - the house MAY cost u...
by Salmon
Tue Oct 24, 2017 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Please help! Portfolio mess - should I get a financial advisor?

With that said, international allocation global market cap is 50%. The labor capital (in my case huge) would argue for tilting more to international. I can ignore the noise and add more international and consider using that to lower equity allocation some (which for me would net invested assets 1mi...
by Salmon
Mon Oct 23, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Non-US Valuations Look Attractive
Replies: 74
Views: 7373

Re: Larry Swedroe: Non-US Valuations Look Attractive

Does one account for his/her labor capital when deciding non-US equities? For example, global intl cap is 50%. Since i am in the US and my labor capital being on the younger spectrum is huge and tied ONLY to the US market, does it make sense for me to overweight intl market cap and go to say 60% int...
by Salmon
Mon Oct 23, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Is it ok to have 100% stocks, 15 years+
Replies: 97
Views: 8444

Re: Is it ok to have 100% stocks, 15 years+

No right answer. I plan to be 100% equities until I hit a milestone and then will scale back
by Salmon
Mon Oct 23, 2017 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Please help! Portfolio mess - should I get a financial advisor?

Desired International allocation: 60% of stocks (1/3 of this EM) This is in essence a bet AGAINST the US market. Are you USA-based? In general it is a big mistake to bet against the USA if you are investing as a person subject to USA taxation. Thanks for replying. Can you please clarify further how...
by Salmon
Sun Oct 22, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Please help! Portfolio mess - should I get a financial advisor?

Desired International allocation: 60% of stocks (1/3 of this EM) This is in essence a bet AGAINST the US market. Are you USA-based? In general it is a big mistake to bet against the USA if you are investing as a person subject to USA taxation. Thanks for replying. Can you please clarify further how...
by Salmon
Sun Oct 22, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Please help! Portfolio mess - should I get a financial advisor?

Just in case it wasn't clear, I meant start by looking at: US 27.17% his 401k (must be us), his roth (small value), her roth (small value), her additional pre tax retirement account (US total market) INTL 17.69% her 403b, her 401a (TIAA Access International Equity Index * .85) [this index is 85% de...
by Salmon
Sun Oct 22, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Please help! Portfolio mess - should I get a financial advisor?

Target% - US 40% INT 40% EM20% To hit the EM and value targets, my inclination would be to use the 0.16% TIAA Access International Equity Index funds in her 401a and 403b accounts. They tilt a little growth but would leave you will money to allocate in your fidelity accounts where you have free cho...
by Salmon
Sat Oct 21, 2017 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Please help! Portfolio mess - should I get a financial advisor?

Contributions New annual Contributions Her 401a - 18K + some employer match Her 403b - 18K Her additional retirement account - 18K Her NEW Fido account - about 50K annual, but no monies yet Her VG Roth - $5500 His Company one - 18K + some employer match His Company two - about 40K/year His VG Roth ...
by Salmon
Sat Oct 21, 2017 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Please help! Portfolio mess

This is a new account that is open but no contributions yet for her. Will be making contributions around tax time and will have access to all funds at Fido. Ok will get to editing and making it cleaner I see. That was the biggest missing piece since usually we pick the best funds in the 401k and th...
by Salmon
Sat Oct 21, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Please help! Portfolio mess

1. How do I change my allocation best to get currently where I want to be? Some clarification: by where you want to be, do you mean the asset allocation you outlined at the top, or do you mean something holistic--as in how do we get where we want to be in life? I mean getting the asset allocation 2...
by Salmon
Sat Oct 21, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Re: Please help! Portfolio mess

Desired Asset allocation: 100% stocks (tilt to SCV) Desired International allocation: 60% of stocks (1/3 of this EM) That works out to be: 40% US 40% Intl 20% EM Is it your intention to underweight US equities? global market cap intl is 50%. the labor capital (in my case huge) would argue for tilti...
by Salmon
Fri Oct 20, 2017 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way
Replies: 49
Views: 3576

Initial Portfolio Review- need help with AA, funds, etc. Want the boglehead way

Emergency funds: Close to $700K (also includes down payment for a home. Price of home may be as high as $2m) Debt: $0 Tax Filing Status: MFJ Tax Rate: 39% Federal, 9+% State Age: 30s Desired Asset allocation: 100% stocks (tilt to SCV) Desired International allocation: 60% of stocks (1/3 of this EM) ...
by Salmon
Mon Oct 16, 2017 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Wills/Trust/Estate Planning - How best to review legal documents
Replies: 21
Views: 1689

Re: Wills/Trust/Estate Planning - How best to review legal documents

Does the document carry out your wishes that you had outlined beforehand? Does it fulfill your needs now and in the future? If you had planned and listed these things and had them organized, then now you'd only have to verify that each of those items are carried out in the provisions of the trust. ...
by Salmon
Sun Oct 15, 2017 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Wills/Trust/Estate Planning - How best to review legal documents
Replies: 21
Views: 1689

Wills/Trust/Estate Planning - How best to review legal documents

I am in the process of estate planning. I met with a TA attorney a few times and we are now in the drafting stages of wills/trusts. At this point, I am forwarded documentation. This includes about 100 pages each for myself and spouse of legalese along with a one/two page summary. How do I best go ab...
by Salmon
Wed Aug 23, 2017 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

Bumping this up. I updated my original post. Debt free now and savings are growing. Just an update - we are planning not to get this house for $2mil for a variety of reasons. No potential date for a home purchase yet. We will keep looking and only jump if we truly both want the place. What do I do w...
by Salmon
Sat Jul 15, 2017 6:20 am
Forum: Personal Finance (Not Investing)
Topic: Tips and advice from those who had their homes built
Replies: 13
Views: 1380

Tips and advice from those who had their homes built

We are considering building a new home from a national level builder. You pick land, and then a home design. The home design has many structural options and then you finish off with internals. One pays a premium for the internal but I suppose the benefit is that it goes in once the home is being bui...
by Salmon
Sun Jul 09, 2017 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

Dollar-wise, assuming your income remains as predicted and your jobs are intact, I agree it is certainly affordable. What is your best exit strategy should you need to move from your house (e.g. job transfer, loss of job, loss of income, etc.). You haven't been at your job very long, and even stabl...
by Salmon
Sun Jul 09, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

On which side is the easement for lot 8? From what I was told, there is no actual easement on the lot. Behind Lot 8 (the narrow section of the lot), there will be a small pathway/road that will lead to the catchment area behind Lot 7. That pathway will be covered by greens by the builder so it won'...
by Salmon
Sat Jul 08, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

Had a meet with builder's agent. http://i.cubeupload.com/5DCDYL.jpg Lot 5 gets cut in half with easement and the builder agent does not recommend purchase. So that is out. Lot 6&7 out due to very high premium. That leaves lot 1,2,3,4,8 1 is out as 2 is available. 3 is out due to multiple roads behin...
by Salmon
Fri Jul 07, 2017 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

I am not sure if I can help but your situation is almost exaclty like mine...I am in healthcare also and so is my wife. We have two kids 3 and 5...and here is some advice from me to you. These are just my thoughts and my experiences. I also live in a high cost area (California) and this is my 5th y...
by Salmon
Wed Jul 05, 2017 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

knpstr wrote:I'd take $100K in cash and pay off my student loans.
I am putting in more and more. Just paid off $25K, so now the balance is about $75K. I will likely pay this off prior to getting the home.
by Salmon
Wed Jul 05, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

The current rental is just not an option as it very small and, with the baby stuff, getting very crowded. In terms of saving or spending, I have not sat down and done the math, but saving about $40k/month? I would guess. I realize the expenses/year will increase, but, on the flip side, there is the...
by Salmon
Tue Jul 04, 2017 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

OP. Can you afford it? Absolutely Should you buy it? I had a similar profile at your age and chose not to and it was one of the smartest financial decisions I ever made. You are spending $36,000 a year on the housing expenses with the million dollar income. As long as you and your family are reason...
by Salmon
Fri Jun 30, 2017 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

Has anyone used redfin to purchase a home?
by Salmon
Tue Jun 27, 2017 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

Is it wise to NOT use a buyer's agent in such a case? Would a buyer's agent add anything in this purchase? The development has sales agent that work for the builders. Do you think it is possible to negotiate a discount? Bringing my agent would mean loss of 3% commission - I can offer 4.5% to them an...
by Salmon
Tue Jun 27, 2017 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

Net worth of 900k considering a 2m house? I would say no, sure you have good income to afford it and 25% down but you are putting an enormous chunk into one asset on one region. Can you get it partially unfinished and complete that later when you have cash to pay it outright? Perhaps that might be ...
by Salmon
Tue Jun 27, 2017 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

I would have gone with 8 or 2. 8 provided you can have some privacy hedges/fencing.. also i'd pay attention to sunlight (east cost you don't get as much sun so you need to) north/south facing gives you good sun in the backyard . the ones with easement look much larger, they are worth considering du...
by Salmon
Mon Jun 26, 2017 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

To OP's question about building sites: in the second location, you say land as far as the eye can see. What does that mean? Who owns it, and what's going to happen with it? Unless there's an easement or restrictive covenant, I have to assume its going to become another neighborhood in the soonish f...
by Salmon
Sun Jun 25, 2017 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

Retiring @ 55 - sounds about right or at least drastically cutting back. Wife work: she genuinely enjoys what she does. From our conversations, she is open to working until the house is paid off majority or perhaps until the young one starts school. After that, she can work part time and still gene...
by Salmon
Sun Jun 25, 2017 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

Congrats on the success OP. The only feedback I can give is to account for delays in construction and cost for options and upgrades for your home. Just because you get to choose on materials and design, you will find that the developer will upsell you on everything way above market. And even so, yo...
by Salmon
Sun Jun 25, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Re: Can we/should we afford a $2M house?

Thanks all for the varying input. Some additonal info: Job Stability: stable, we are in healthcare business Taxes: 40k/annum Consulting income: 95% tied to me Aspirations for financial Independence/early retirement: obviously FI would be nice, but that means something different to everyone. We have ...
by Salmon
Fri Jun 23, 2017 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15318

Can we/should we afford a $2M house?

First time, long time... We are in a very HCOL area. Below are some details of our situation: Age: 35 for both 1 very young child - 529 plan - put in 10K Current Rent: $3000/month Wife W2 income: $300K Husband W2 income: $400K (this will likely increase - but cannot be 100% sure) Consulting Business...