Search found 255 matches

by TigerNest
Mon Jan 01, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Maxing out 401k Contributions
Replies: 11
Views: 892

Re: Maxing out 401k Contributions

I've maxed my 401(k) at three employers to date, and at each one Payroll would automatically stop contributions once it hit the max.

As others have said, check the plan doc, and follow-up with your Payroll Department after you put 10% to confirm that they'll stop it once it hits $18,500.
by TigerNest
Mon Jan 01, 2018 10:57 am
Forum: Personal Consumer Issues
Topic: Costa Rica
Replies: 17
Views: 1894

Re: Costa Rica

Enjoy! Costa Rica is a wonderful vacation spot. Flamingo Beach Resort in Guanacaste province is a hidden gem. It has one of the most beautiful beaches we've ever seen, and it is so relaxing. Manuel Antonio is also 'can't-miss.' The wildlife is stunning and plentiful. Lots of monkeys and sloths. We s...
by TigerNest
Tue Dec 26, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Should I preserve parents’ risky portfolio? Or “disobey” them?
Replies: 74
Views: 4870

Re: Should I preserve parents’ risky portfolio? Or “disobey” them?

Why did the financial advisor quit? I don't think I've ever heard of a financial advisor giving up AUM once they've got their hands on it.
by TigerNest
Thu Dec 07, 2017 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Should I file taxes w/o her?
Replies: 54
Views: 3822

Re: Should I file taxes w/o her?

If you are married, you are not allowed to file as 'Single.' 'Married Filing Separately' is not the same as filing as two single people. It is a separate category that is subject to significantly higher taxes in almost all cases. You're disqualified from a lot of credits. Unfortunately there isn't r...
by TigerNest
Fri Nov 17, 2017 9:47 pm
Forum: Investing - Theory, News & General
Topic: Marijuana stocks
Replies: 11
Views: 1355

Re: Marijuana stocks

These ventures are still illegal under US federal law, so it's very unlikely you'd find a bank that would help bring a company like this to public investors in an IPO. They have a hard enough time opening a checking account. Most of the companies in the space are funded privately, or operate in inte...
by TigerNest
Tue Nov 14, 2017 12:09 am
Forum: Personal Consumer Issues
Topic: places to live near Stanford University
Replies: 35
Views: 2904

Re: places to live near Stanford University

I've been doing some searching on realtor.com. So I'm thinking of even looking at down town San Francisco. I found a 600 sq ft place for 350 K. I do not know the city. Are there some places in the city that are considered unsafe? What areas in downtown are "safe" vs "unsafe"? Even the 350K seemed s...
by TigerNest
Wed Oct 11, 2017 9:40 pm
Forum: Investing - Theory, News & General
Topic: Offensive Valuations
Replies: 45
Views: 4512

Re: Offensive Valuations

Why in the world would I buy more shares of this "business" (S&P 500) right now, at a multiple of twice the historical average? Enterprise Value/Revenue is higher than historical averages, but 2x is an exaggeration. It's about 50% more right now: http://www.multpl.com/s-p-500-price-to-sales While i...
by TigerNest
Sat Oct 07, 2017 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Paternity/Maternity Leave & Its Influence on Career Trajectory
Replies: 23
Views: 1916

Re: Paternity/Maternity Leave & Its Influence on Career Trajectory

I know someone at a tech company that staggered his paternity leave: 4 weeks when the baby arrived, then 8 more weeks later in the year when the baby was 6-8 months old. You could consider that.
by TigerNest
Mon Sep 18, 2017 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Sending USD between banks
Replies: 2
Views: 300

Re: Sending USD between banks

Write yourself a check.
by TigerNest
Mon Sep 18, 2017 12:41 am
Forum: Investing - Help with Personal Investments
Topic: How would you invest this bonus??
Replies: 13
Views: 1375

Re: How would you invest this bonus??

Make sure to understand exactly how your 401(k) matching policy works. Under some plans you have to contribute every pay period to get the most match.
by TigerNest
Fri Sep 15, 2017 11:29 am
Forum: Investing - Help with Personal Investments
Topic: 100k short term park
Replies: 10
Views: 1805

Re: 100k short term park

Consider an online high interest savings account like Ally, Barclays, Capital One or Goldman, which will give you greater flexibility and liquidity than a CD at similar (or maybe even better) rates.
by TigerNest
Wed Sep 13, 2017 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Reaching 401k Max
Replies: 15
Views: 1616

Re: Reaching 401k Max

It stops automatically at $18,000. At least it has at my last few employers. I'm not sure if my employer or the 401(k) provider is the one that keeps track of it.
by TigerNest
Tue Sep 05, 2017 12:02 am
Forum: Personal Consumer Issues
Topic: Service organizations/Dinner clubs?
Replies: 10
Views: 1112

Re: Service organizations/Dinner clubs?

VictoriaF wrote:
Mon Sep 04, 2017 7:09 pm
Check out meetups in your area, https://www.meetup.com/ .

Victoria
I second this, my wife and I made several good friends this way.
by TigerNest
Sat Sep 02, 2017 9:31 pm
Forum: Personal Consumer Issues
Topic: Podcast [Looking for suggestions]
Replies: 29
Views: 2524

Re: Podcast

I really like Tyler Cowen's podcast, Conversations with Tyler.

S-Town was also really interesting.
by TigerNest
Wed Aug 30, 2017 1:33 am
Forum: Personal Finance (Not Investing)
Topic: Evaluating new job offer
Replies: 40
Views: 3373

Re: Evaluating new job offer

Choice #3: look for another, better job.

The offer sounds like a lateral move with for less compensation. You have a good job, which gives you the luxury of time in a job search. Find a job that's a real promotion.
by TigerNest
Wed Aug 30, 2017 1:13 am
Forum: Investing - Help with Personal Investments
Topic: Couple in mid-30s looking for financial independence within 10 years
Replies: 34
Views: 7316

Re: Couple in mid-30s looking for financial independence within 10 years

My goodness, $250k in cryto?

You hit the lottery. I'd sell the entire thing and count your blessings.
by TigerNest
Wed Aug 30, 2017 1:11 am
Forum: Personal Finance (Not Investing)
Topic: When to give resignation notice
Replies: 64
Views: 6966

Re: When to give resignation notice

I am required to give 90 days notice if I intend to leave. However , my vesting ceases at the time I give notice . I am still required to work (at their discretion), but for salary only. Make sure to read the fine print in your employee handbook carefully. The relationship often changes the moment y...
by TigerNest
Mon Aug 28, 2017 5:52 pm
Forum: Investing - Theory, News & General
Topic: Can stocks or Bitcoin drop to about zero?
Replies: 45
Views: 4229

Re: Can stocks or Bitcoin drop to about zero?

Bitcoin? My speculation is that yes, over a period of week(s) yes it could go to zero or very low. Many things could cause this but most likely govt action (to me this is the single greatest threat as it is a govt's role to issue currency). I agree with everything you said except this. By its very ...
by TigerNest
Sat Aug 12, 2017 2:42 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 7319

Re: What Percentage CASH are you?

We're in our mid-30s, and 40% of our assets are in cash + short-term CDs. That's our emergency fund + saving up to buy a house, which we hope to purchase in the next ~2 years. The rest is in retirement accounts with 75%/25% stock bond split.
by TigerNest
Sat Jul 29, 2017 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Tesla - next big lottery ticket ?
Replies: 177
Views: 19153

Re: Tesla - next big lottery ticket ?

Tesla was a lottery ticket until early 2013. It's now worth $55 billion, more than Ford ($44 billion) and GM ($52 billion). For you to jump from "$350 a share to $1000 in less than a decade", Tesla would have to increase in value to $157 billion, which is about what Ford, GM, Honda and Mitsubishi co...
by TigerNest
Sat Jul 22, 2017 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: What's your personal savings rate?
Replies: 135
Views: 12987

Re: What's your personal savings rate?

Last year: 43% Savings / 38% Taxes / 19% Spending
This year (so far): 43% Savings / 35% Taxes / 22% Spending
by TigerNest
Sat Jul 22, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Changing Health Insurance Around Child birth to reduce costs
Replies: 25
Views: 2089

Re: Changing Health Insurance Around Child birth to reduce costs

Congratulations! I don't want to worry you, but be prepared for things to not go as planned. 1 in 8 babies are born prematurely in the US, and 10% - 15% of babies spend time in the NICU (neonatal intensive care unit). We had a perfectly normal pregnancy up until birth (full term). We then had an unp...
by TigerNest
Sat Jul 22, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401k
Replies: 3
Views: 412

Re: Roth 401k

Welcome to the site, DoubleR. I also recommend reading the wiki. Basically they should be equivalent if your current marginal tax rate is the same as your marginal tax rate in retirement (i.e. you either pay 28% now or in the future). If there's a divergence then one is better than the other. A few ...
by TigerNest
Fri Jul 21, 2017 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: How much cash to hold for ~2-4 yr home buying time horizon
Replies: 12
Views: 1278

Re: How much cash to hold for ~2-4 yr home buying time horizon

We're hoping to buy a 2br/1ba for about $1M And this is why we can't bring ourselves to settle down in the Bay Area. For a million dollars I'd want a second bathroom! :shock: The brokerage is already quite liquid, but it's risky. You should gauge whether it's ok for it to be +/- $50k by the time yo...
by TigerNest
Thu Jul 20, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: Would you let your teenager spend all his savings on a gaming computer?
Replies: 123
Views: 8167

Re: Would you let your teenager spend all his savings on a gaming computer?

Also, as an aside, I tried to get back into some light gaming recently. There are few if any wholesome/family friendly games. It became an issue of having to keep it on "mute" even in a WW1 combat game, about every other word your fellow soldiers shout in game is foul language. The most popular gam...
by TigerNest
Wed Jul 19, 2017 9:12 pm
Forum: Personal Consumer Issues
Topic: Would you let your teenager spend all his savings on a gaming computer?
Replies: 123
Views: 8167

Re: Would you let your teenager spend all his savings on a gaming computer?

Honestly, I'd not only let him do it, I'd encourage it and learn how to do it with him. Building a computer is a great learning experience. You learn how all the parts work and fit together. You can save money in the long run by buying quality parts that last and replacing things like graphics cards...
by TigerNest
Wed Jul 19, 2017 1:44 am
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 72
Views: 5223

Re: Expense Ratios, how high is too high

The cheapest fund in my wife's 401(k) is 1.4%. :| All actively managed, no index funds of course.
by TigerNest
Tue Jul 18, 2017 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Investment advice for $4 million - can I do all stocks?
Replies: 72
Views: 6824

Re: Investment advice for $4 million - can I do all stocks?

Our current assets are: 401-Ks: $1,000,000 Stocks: $1,000,000 I feel like those numbers will both likely double over the next 10 years, but even if they don’t and say worst case they don't move at all, with $2,000,000 saved and $70,000 in social security we'd get by fine. 0% return is by no means t...
by TigerNest
Sat Jul 08, 2017 4:59 pm
Forum: Personal Consumer Issues
Topic: What to wear for job interview - skip the tie?
Replies: 53
Views: 4992

Re: What to wear for job interview - skip the tie?

I'd wear the tie. Your shirt collar might be too tight if you hate ties that much. Go to a suit store and buy a white collared shirt with a wider collar. Neck collars go up in 0.5 inch increments (i.e. 15" to 18"). You should be able to button the top button comfortably. Your tie doesn't need to be ...
by TigerNest
Sat Jun 17, 2017 10:36 pm
Forum: Investing - Theory, News & General
Topic: Risk on or Risk off? An NYU professor's take
Replies: 5
Views: 1303

Re: Risk on or Risk off? An NYU professor's take

Glassman and Hassett first wrote an article in 1999 called "Stock prices are still far too low," and followed it up in 2000 with a book called "Dow 36,000," which said "A sensible target date for Dow 36,000 is early 2005, but it could be reached much earlier." And one of the author of that book, th...
by TigerNest
Sat Jun 17, 2017 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Example of why this forum is so good
Replies: 19
Views: 3732

Re: Example of why this forum is so good

That is a great quote. Thank you for sharing.
by TigerNest
Sat Jun 17, 2017 1:05 am
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 22656

Re: Siblings in disagreement over mom's house.

What if you take out a line of credit and use that cash to buy out the parties that don't want to own it? The ones that do want to own the house are left with a reasonable mortgage payment.
by TigerNest
Tue Jun 13, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Was it unprofessional for the HR manager to ask for my salary history in front of a peer at a job interview?
Replies: 74
Views: 8901

Re: Was it unprofessional for the HR manager to ask for my salary history in front of a peer at a job interview?

Always turn it around: "My employer would prefer that I not share this information and I would like to respect those wishes. What is the compensation range for the position?"
by TigerNest
Sun Jun 11, 2017 2:51 am
Forum: Personal Consumer Issues
Topic: College admissions question - she got a "C"
Replies: 100
Views: 10326

Re: College admissions question - she got a "C"

I had a 3.8 in high school and got a C in a higher level math class. I ended up going to an ivy league school. Admissions are far more holistic than GPA, and a majority of it is probably luck. She's a good student, she's probably beating herself up over it. I recommend focusing on being supportive a...
by TigerNest
Fri Jun 09, 2017 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: (Very) Early Retirement vs Parenthood
Replies: 74
Views: 5972

Re: (Very) Early Retirement vs Parenthood

My wife and I just had our first child last year. It has just been such an indescribable joy to get to know the little guy. I say go for it.
by TigerNest
Tue May 30, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: Do I deserve it? [A new car]
Replies: 69
Views: 6761

Re: Do I deserve it?

I bought a really nice new Corolla for $15,500 off-the lot, drove it for ten years, and sold it to Carmax for $6,000. I only sold it because we moved to a city and downsized, or I'd still be driving it.

A new car is a fine decision, but in your mid-20s, with that salary, aim for a lower price point.
by TigerNest
Tue May 16, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: How much house? How large of a down payment? Infinite permutations are driving me batty
Replies: 36
Views: 3502

Re: How much house? How large of a down payment? Infinite permutations are driving me batty

Congratulations on your many blessings in life. We just recently had a child and it is an amazing experience. I would buy the house cash. The question is: would you borrow money at 4.2% interest to invest in the stock market right now? That's the current rate for a 30-year jumbo loan. I think a bala...
by TigerNest
Fri May 12, 2017 12:58 pm
Forum: Investing - Theory, News & General
Topic: Penfed IRA Certificates for 59.5+ y o vs. other IRA CDs with better yield
Replies: 33
Views: 2827

Re: Penfed IRA Certificates for 59.5+ y o vs. other IRA CDs with better yield

I find it useful to think about CDs in terms of dollars instead of a percentage. 2% of $1,000 is $20 a year. Post-tax it's ~$12. A year.

I'd say take the greater flexibility. It's not that expensive in absolute terms.
by TigerNest
Mon May 01, 2017 12:51 am
Forum: Investing - Theory, News & General
Topic: Schwab Vs. Vanguard?
Replies: 35
Views: 10868

Re: Schwab Vs. Vanguard?

I am a client of both. I love Vanguard, but if I had to choose one, I would choose Schwab. They've been consistently great over the last decade. You can always own Vanguard funds and ETFs through the Schwab brokerage account.
by TigerNest
Fri Apr 21, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Age when you started to max out your retirement accounts?
Replies: 177
Views: 29378

Re: Age when you started to max out your retirement accounts?

I was 25. I realized I hadn't started saving for retirement yet, and it was the final goal of a broader 'get your financial act together' period in my life. It was 34% of my gross salary at the time, so I was quite proud.
by TigerNest
Wed Apr 19, 2017 1:58 am
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 83
Views: 8475

Re: Did anything surprise you in your 2016 taxes?

We had a baby last year, but we did not get the famous tax break at all -- the individual deduction was completely phased out!
by TigerNest
Tue Apr 18, 2017 8:01 pm
Forum: Investing - Theory, News & General
Topic: Is all the money flowing into index funds bad?
Replies: 21
Views: 3429

Re: Is all the money flowing into index funds bad?

The one issue I see is a bit extraneous. With index funds, who or whom exercises the voting rights of the shares of the companies owned by the index fund? I'm assuming no one. This would take time and effort on the part of someone to research and place votes. With no one exercising the voting right...
by TigerNest
Thu Apr 06, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Any reason NOT to do a backdoor Roth IRA?
Replies: 56
Views: 5336

Re: Any reason NOT to do a backdoor Roth IRA?

To be honest, I know it's very popular and common, but I don't do it because I feel like it violates the spirit of the law and I'm not convinced it's quite legal.
by TigerNest
Thu Apr 06, 2017 9:07 am
Forum: Personal Finance (Not Investing)
Topic: High Income earners, whats your Tax Strategy?
Replies: 113
Views: 13502

Re: High Income earners, whats your Tax Strategy?

jambadoc wrote:I think the Roth 401(k) will be better in the end (assuming it doesn't end up means-tested or something like that).
Another poor scenario for a Roth would be if in 30 years the US chooses to rely less heavily on income taxes and instead shifts to consumption taxes like a VAT or sales taxes.
by TigerNest
Wed Apr 05, 2017 8:59 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle's 6 best money and career tips for young people
Replies: 9
Views: 1943

Re: Jack Bogle's 6 best money and career tips for young people

Wow, he had a heart attack 57 years ago and is still chugging along. God bless modern medicine.
by TigerNest
Wed Apr 05, 2017 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: What is your definition of 'Savings'?
Replies: 25
Views: 2072

Re: What is your definition of 'Savings'?

Whatever I don't spend or pay in taxes.
by TigerNest
Wed Apr 05, 2017 8:54 pm
Forum: Personal Consumer Issues
Topic: How best to handle disrespectful employee?
Replies: 40
Views: 4356

Re: How best to handle disrespectful employee?

Redefine 'sale', and make it clear that the 'sale' isn't complete unless a new client is onboarded appropriately. Make sure the definition is reflected in the commission structure.
by TigerNest
Wed Apr 05, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: High Income earners, whats your Tax Strategy?
Replies: 113
Views: 13502

Re: High Income earners, whats your Tax Strategy?

I wish we had a better one. :-/ Our 2016 effective tax bracket was 38.2%, and our marginal tax rate is 51.8%. Such is life in the Bay Area. I max out my 401(k), but my wife doesn't have access to one at work. We can't afford a house yet, California 529 plan contributions aren't tax deductible, and a...
by TigerNest
Mon Apr 03, 2017 9:21 pm
Forum: Personal Consumer Issues
Topic: Law school-most cost efficient, yet quality, way to get Real Estate law degree?
Replies: 37
Views: 3223

Re: Law school-most cost efficient, yet quality, way to get Real Estate law degree?

Talk to some local lawyers at firms you'd like to work at after law school. Look them up on their websites, give them a call, tell them you're interested in a legal career, and offer to buy them lunch to hear some advice. Find out what kind of people they hire and from what schools they recruit, the...