Search found 684 matches

by anoop
Tue Jun 12, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Should I contribute to this ESPP?
Replies: 21
Views: 1261

Re: Should I contribute to this ESPP?

Thanks everyone for the feedback. I've decided to contribute the max ($6250 per quarter) and treat is as deferred compensation. I will probably sell at 1 year (which is the earliest I can) and take some of the difference in price as ordinary income rather than tie it up another year for slightly be...
by anoop
Mon Jun 11, 2018 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10038

Re: Why do we work?

Like many have said already, I too work because I need to.

If I didn't need to, I might still work, but my attitude to it would be very different.

Also, this question becomes very interesting in the context of no dependents.
by anoop
Mon Jun 11, 2018 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Mea culpa - market-timing with REITs - what to do now?
Replies: 25
Views: 2814

Re: Mea culpa - market-timing with REITs - what to do now?

REIT index funds as measured by VNQ / VGSIX are up about 9% since I last dissed them, so your perception of them not performing well of late is terribly wrong. A lot of other things are up in the 5% to 8% range since then. Maybe it is time to rebalance out of REITs now? Interesting. Ivy portfolio r...
by anoop
Thu Jun 07, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Fixed Income investments too conservative?
Replies: 59
Views: 3707

Re: Fixed Income investments too conservative?

I'm 47 and close to 100% fixed income. I have been earning < 1% most of the last few years on my 401k... Ouch. Over the last few years like 2016 and 2017, the inflation rate for both years was 2.1% , so, unfortunately no earnings, but rather losses in purchasing power :? Fully aware of that and it ...
by anoop
Thu Jun 07, 2018 1:06 am
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 273
Views: 12452

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

Sure you've done this already, but... http://lmgtfy.com/?q=law+school+at+age+60 Also, to all those who think OP is too old to start a new career, consider this: https://blog.adioma.com/wp-content/uploads/2014/06/never-too-late-when-companies-started-infographic.png Or even this: https://www.slidesha...
by anoop
Wed Jun 06, 2018 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Fixed Income investments too conservative?
Replies: 59
Views: 3707

Re: Fixed Income investments too conservative?

I'm 47 and close to 100% fixed income. I have been earning < 1% most of the last few years on my 401k. Outside 401k it has been a bit better at < 2%. So I think it all boils down to what you are comfortable with. There are others here (a minority for sure) that are also close to or 100% fixed income...
by anoop
Sun May 27, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: Re: done with Gmail
Replies: 114
Views: 12216

Re: done with Gmail

I've heard good things about proton mail This is from the Proton mail website... ProtonMail's zero access architecture means that your data is encrypted in a way that makes it inaccessible to us. Data is encrypted on the client side using an encryption key that we do not have access to. This means ...
by anoop
Sun May 27, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: US T bills - first time user
Replies: 113
Views: 8443

Re: US T bills - first time user

This might merit its own post, but I have some of the same questions about T Bills. However, I wonder about using Merrill Edge. I have seen recommendations in the past for Fidelity for this, but have incentive to keep transactions at Merrill Edge for Preferred Rewards. Any pros/cons to using Merril...
by anoop
Tue May 22, 2018 6:59 pm
Forum: Personal Consumer Issues
Topic: Tesla Autopilot, worth it?
Replies: 113
Views: 7175

Re: Tesla Autopilot, worth it?

This is my view on Tesla's implementation of autopilot.
http://anoopsplace.blogspot.com/2018/04 ... pilot.html
by anoop
Tue May 22, 2018 4:11 am
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7809

Re: Is there a boglehead muscle car?

https://www.caranddriver.com/honda/civic-type-r

Costs about 10K more than your budget but it will more economical than most in the long run and also likely to retain its value.
by anoop
Tue May 22, 2018 3:45 am
Forum: Personal Finance (Not Investing)
Topic: Buy this home?
Replies: 39
Views: 4087

Re: Buy this home?

The house price is a little on the high side for your income, but still manageable. Normally, I would be comfortable with price/income = 2.5 to 3.5. In your case, it's about 4. Here are some general thoughts on affordability. http://anoopsplace.blogspot.com/2010/08/useful-rules-of-thumb-for-home-buy...
by anoop
Tue May 22, 2018 1:44 am
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to change jobs or should I stay put?
Replies: 70
Views: 6653

Re: Is it time for me to change jobs or should I stay put?

Linked in....what's that? Just kidding....but I do not have a linked in, never really had much use for it. I wonder if merely creating an accout at this stage would be a giveaway. LinkedIn is useful as a rolodex, to stay in touch with people you know, and nothing more. They are people that actually...
by anoop
Tue May 22, 2018 1:21 am
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 10627

Re: Career planning in IT/software development when over 40

It's a dead end for a career in the US. May be a good idea if you're in Asia. We need shoes, but they come from Asia. Nobody is saying we won't need shoes in the future. Likewise, we will need technology, but it will come from Asia. It is already impossible to do high tech manufacturing in the US b...
by anoop
Mon May 21, 2018 9:28 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 48436

Re: "Why 97% of People Don't Use 529 College Savings Plans."

I will never use a 529 plan because of simplicity. Imagine I have two kids so I have two 529 plans, a 401K (at least 1), a ROTH, HSA, taxable (maybe more than 1), etc. Too much for me. I like simplicity . I like to have as few accounts as possible. It keeps my money more focused. Hurray for simplic...
by anoop
Mon May 21, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 48436

Re: "Why 97% of People Don't Use 529 College Savings Plans."

I will never use a 529 plan because of simplicity. Imagine I have two kids so I have two 529 plans, a 401K (at least 1), a ROTH, HSA, taxable (maybe more than 1), etc. Too much for me. I like simplicity . I like to have as few accounts as possible. It keeps my money more focused. Hurray for simplic...
by anoop
Mon May 21, 2018 9:11 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 48436

Re: "Why 97% of People Don't Use 529 College Savings Plans."

I will never use a 529 plan because of simplicity. Imagine I have two kids so I have two 529 plans, a 401K (at least 1), a ROTH, HSA, taxable (maybe more than 1), etc. Too much for me. I like simplicity . I like to have as few accounts as possible. It keeps my money more focused. Hurray for simplic...
by anoop
Mon May 21, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 10627

Re: Career planning in IT/software development when over 40

Oh, come on. STEM isn't a dead end. Possibly reduced importance or income possibilities, but the world is still constantly moving towards a technological future. Insurance and real estate is the future? C'mon. Those things are automated much more easily than most of tech. It's a dead end for a care...
by anoop
Mon May 21, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 10627

Re: Career planning in IT/software development when over 40

The system admin thing (and other support jobs) are significantly less prone to outsourcing or offshoring I have seen anecdotally. This is not true. A good chunk of IT support is now done from off shore locations. Only things like replacing hardware are done locally. As far as enterprises go, publi...
by anoop
Sun May 20, 2018 12:27 am
Forum: Personal Consumer Issues
Topic: New 2018 Nissan Leaf (with 150 mi range)
Replies: 52
Views: 5136

Re: New 2018 Nissan Leaf (with 150 mi range)

Congratulations.

There are some incredible deals to be had on electric cars.
https://www.bloomberg.com/news/articles ... ubway-pass

2019 Leaf will have longer range.
https://electrek.co/2018/01/04/nissan-l ... -charging/
by anoop
Sat May 19, 2018 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 10627

Re: Career planning in IT/software development when over 40

Think of coding as manufacturing of yore. Hardware jobs are shrinking like crazy because most companies source everything from ODMs in Asia. Moving forward, software is headed in that direction too. I would recommend getting an MBA or a masters in financial engineering. That is the future. All compa...
by anoop
Fri May 18, 2018 9:36 am
Forum: Personal Consumer Issues
Topic: Should I have my new garage floor coated with Epoxy?
Replies: 23
Views: 3163

Re: Should I have my new garage floor coated with Epoxy?

naples09 wrote:
Fri May 18, 2018 9:33 am
anoop wrote:
Thu May 17, 2018 11:08 pm
BobTexas wrote:
Thu May 17, 2018 6:51 pm
A point to remember is that it is much easier to do before you move in. I would do it again
Why is it easier?
The smell is really bad too for a couple days.
Are there any options where the smell is not too bad. Perhaps low/zero VOC product or some other alternatives?
by anoop
Fri May 18, 2018 9:17 am
Forum: Personal Consumer Issues
Topic: Should I have my new garage floor coated with Epoxy?
Replies: 23
Views: 3163

Re: Should I have my new garage floor coated with Epoxy?

ddurrett896 wrote:
Fri May 18, 2018 9:13 am
anoop wrote:
Thu May 17, 2018 11:08 pm
Why is it easier?
There is nothing to move out...
OK. In my case, the only things there are my car and a doormat.
by anoop
Thu May 17, 2018 11:22 pm
Forum: Personal Consumer Issues
Topic: Unique Phone Apps that you find yourself using most often?
Replies: 30
Views: 3436

Re: Unique Phone Apps that you find yourself using most often?

To the extent possible, I avoid using apps other than those from Apple. This is because apps do weird things like run in the backrground consuming battery and also try to be smart by wanting to know your location and possibly other info. So there's a trust issue. Instead, I access most services thro...
by anoop
Thu May 17, 2018 11:08 pm
Forum: Personal Consumer Issues
Topic: Should I have my new garage floor coated with Epoxy?
Replies: 23
Views: 3163

Re: Should I have my new garage floor coated with Epoxy?

BobTexas wrote:
Thu May 17, 2018 6:51 pm
A point to remember is that it is much easier to do before you move in. I would do it again
Why is it easier?
by anoop
Sun May 13, 2018 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: CA muni bonds v US bonds in taxable account?
Replies: 38
Views: 3309

Re: CA muni bonds v US bonds in taxable account?

The thing that bothers me about munis is they don't carry the same guarantee as a treasury. What happens if a city declares bankruptcy? http://www.sacbee.com/news/politics-government/capitol-alert/article45376695.html https://www.gobankingrates.com/net-worth/bankruptcy/us-cities-bankrupt/ Your assu...
by anoop
Sun May 13, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: CA muni bonds v US bonds in taxable account?
Replies: 38
Views: 3309

Re: CA muni bonds v US bonds in taxable account?

The thing that bothers me about munis is they don't carry the same guarantee as a treasury.

What happens if a city declares bankruptcy?

http://www.sacbee.com/news/politics-gov ... 76695.html
https://www.gobankingrates.com/net-wort ... -bankrupt/
by anoop
Fri May 11, 2018 10:18 pm
Forum: Investing - Theory, News & General
Topic: Anything wrong with too many lots?
Replies: 47
Views: 4835

Re: Anything wrong with too many lots?

^ In that case, I was incorrect based on old experience, ca. 2000. Were these laws in place back then?
by anoop
Fri May 11, 2018 9:43 pm
Forum: Investing - Theory, News & General
Topic: Anything wrong with too many lots?
Replies: 47
Views: 4835

Re: Anything wrong with too many lots?

Why would you lose the basis on transfer? Isn't it all stored now? Where would it be stored? You end your relationship with the current brokerage and they don't have any obligation to hold information for you. At that point, it is up to you to provide the burden of proof of the basis if/when assets...
by anoop
Fri May 11, 2018 9:38 pm
Forum: Investing - Theory, News & General
Topic: Anything wrong with too many lots?
Replies: 47
Views: 4835

Re: Anything wrong with too many lots?

Why would you lose the basis on transfer? Isn't it all stored now? Where would it be stored? If you end your relationship with the old brokerage, they don't have any obligation to hold information for you. At that point, it is up to you to provide the burden of proof of the basis if/when assets are...
by anoop
Fri May 11, 2018 9:19 pm
Forum: Investing - Theory, News & General
Topic: Anything wrong with too many lots?
Replies: 47
Views: 4835

Re: Anything wrong with too many lots?

In a tax-free account, definitely not. In a taxable account, it depends on how the cost basis is being tracked. If it's being handled by the brokerage and you plan to stay with them forever, no big deal. If they don't, or if you are planning on changing brokerage accounts in which case you will lose...
by anoop
Fri May 11, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Housing "slow down"
Replies: 8
Views: 1928

Re: Housing "slow down"

Just read this blog if you care about US real-estate. http://www.calculatedriskblog.com/ The key thing to watch according to him is inventory. In most places it is low but it is slowly increasing from all time lows. If that is sustained, increase in price will first slow then reverse. http://www.cal...
by anoop
Fri May 11, 2018 1:47 am
Forum: Personal Finance (Not Investing)
Topic: ques
Replies: 47
Views: 4500

Re: Should I pay cash for a house?

Go for it.
by anoop
Tue May 08, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: simplifying my financial life -- should i get rid of treasury direct?
Replies: 47
Views: 4657

Re: simplifying my financial life -- should i get rid of treasury direct?

OK I just redeemed all my E bonds and I bonds (except one which won't be eligible for selling until November). It was hard to sell the old ones given the 4% rate, but I decided to plough ahead in the name of simplicity. Selling them one-by-one was an absolute pain! So now I have about $25K of taxabl...
by anoop
Mon Apr 30, 2018 10:33 pm
Forum: Investing - Theory, News & General
Topic: Money market funds - under par interest rates
Replies: 15
Views: 1564

Re: Money market funds - under par interest rates

So are online savings account banks buying 10 years and offering 2% savings rates and pocketing the 1%? how do i apply to become a bank again? :D https://www.offshorecompany.com/banking/start-a-bank/your-own/ And if it's money you're after, this is how to run the bank once you get it going. https:/...
by anoop
Mon Apr 30, 2018 10:25 pm
Forum: Investing - Theory, News & General
Topic: Dilbert Creator: If everyone indexed...
Replies: 39
Views: 7011

Re: Dilbert Creator: If everyone indexed...

Gropes & Ray wrote:
Thu Aug 07, 2014 1:52 pm
Who's buying the stock when it gets turned out of the index if everyone indexed?
This could be a zen koan.
by anoop
Wed Apr 25, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: Is my computer obsolete?
Replies: 60
Views: 4415

Re: Is my computer obsolete?

I'm not sure if this is the right place for a question like this, but I'm wondering if I should replace an old computer or if there are steps I can take to make it more current. It's a Dell Vostro from around 2012. Processor is: i5-2450 @ 2.50 ghz. 6.0 GB RAM. Hard drive is 700 GB. It's running Win...
by anoop
Sat Apr 21, 2018 11:31 pm
Forum: Investing - Theory, News & General
Topic: Is anyone putting money aside into Gold?
Replies: 148
Views: 15224

Re: Is anyone putting money aside into Gold?

I believed the doom websites instead of following my gut. Now my gut tells me to stay out. The gig economy is very elastic. Most of the jobs are part time and don’t include benefits. So while the unemployment rate is low, most of the people hold multiple jobs and those are all dependent on easy cre...
by anoop
Sat Apr 21, 2018 6:27 pm
Forum: Investing - Theory, News & General
Topic: Is anyone putting money aside into Gold?
Replies: 148
Views: 15224

Re: Is anyone putting money aside into Gold?

... BTW, earlier in the thread you talked about people whose returns have suffered in the last 10 years. I'm one of them. I got out of stocks in early 2008 before the crash and never got back in. There are some quarters when my 401k earned less than the $20 maintenance fee! I'm about to make out li...
by anoop
Thu Apr 19, 2018 4:30 pm
Forum: Personal Consumer Issues
Topic: Do you use Yahoo? New Privacy Terms
Replies: 32
Views: 3194

Re: Do you use Yahoo? New Privacy Terms

Deleted Yahoo 5 years ago after their 2013 breach. :annoyed I thought about that. My concern was that someone else could then sign up using my old username and some random folks might end up impersonating me. A year or so ago, I logged in to Yahoo after a really long time. I discovered someone had ...
by anoop
Thu Apr 19, 2018 4:24 pm
Forum: Personal Consumer Issues
Topic: Do you use Yahoo? New Privacy Terms
Replies: 32
Views: 3194

Re: Do you use Yahoo? New Privacy Terms

Pretty easy for me to switch email providers. I use an alias which is forwarded to what my current email provider is. Originally, it pointed to my university email address, then to hotmail, then to yahoo, and now to gmail. Any time I switch providers, I lose the ability to take my archive, but othe...
by anoop
Thu Apr 19, 2018 8:48 am
Forum: Personal Consumer Issues
Topic: Do you use Yahoo? New Privacy Terms
Replies: 32
Views: 3194

Re: Do you use Yahoo? New Privacy Terms

I have an account with https://protonmail.ch but I primarily still use gmail. Some day I may get away. I've had a ProtonMail account for a while, but I haven't really used it. I just upgraded to a $5/month paid account to test out the more advanced features. If I like it, it's $48/year paid annuall...
by anoop
Thu Apr 19, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: Do you use Yahoo? New Privacy Terms
Replies: 32
Views: 3194

Re: Do you use Yahoo? New Privacy Terms

I don't know if all this is inevitable but they don't want pieces of us anymore. They want ALL of us. https://www.theverge.com/2018/4/14/17237864/oath-aol-yahoo-email-privacy-terms-scan-ads Another link: https://www.cnet.com/news/yahoo-aol-oath-privacy-policy-verizon-emails-messages/ I have not cli...
by anoop
Thu Apr 19, 2018 8:33 am
Forum: Personal Consumer Issues
Topic: PC laptops
Replies: 94
Views: 5046

Re: PC laptops

FWIW, I suggest taking a look at Lenovo. In the original complaint against Lenovo, the FTC charged that "beginning in August 2014 Lenovo began selling consumer laptops in the United States that came with a pre-installed advertising software program called VisualDiscovery that interfered with how a ...
by anoop
Thu Apr 19, 2018 2:30 am
Forum: Personal Consumer Issues
Topic: landline solutions
Replies: 27
Views: 1681

Re: landline solutions

If reliability is your concern then landline via copper (aka POTS) is there to serve. If the power goes out a 'traditional' plugged in phone will still work. I've kept POTS for this reason, but at ~$55/mo w/o LD it's getting hard to justify even considering the reliability of copper landline. I als...
by anoop
Thu Apr 19, 2018 2:10 am
Forum: Personal Consumer Issues
Topic: Do you use Yahoo? New Privacy Terms
Replies: 32
Views: 3194

Re: Do you use Yahoo? New Privacy Terms

I have an account with https://protonmail.ch but I primarily still use gmail. Some day I may get away.
by anoop
Wed Apr 18, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: Rise in rates continues - good for fixed income investors and banks
Replies: 6
Views: 1369

Re: Rise in rates continues - good for fixed income investors and banks

It also feels more like "normal equilibrium." Sure feels like, except my opinion is that it isn't. If it were true, the rates on the 30 year would be a lot higher. May be my memory is doing me in, but I remember all the talk about the fed engineering a soft landing for housing and how subprime woul...
by anoop
Wed Apr 18, 2018 3:09 am
Forum: Personal Finance (Not Investing)
Topic: Please help figuring out cost of medical treatment(s)
Replies: 8
Views: 921

Re: Please help figuring out cost of medical treatment(s)

My husband has an autoimmune disease. Up until now he's been taking a medication that was mostly covered by his insurance (the remaining part was covered by a copay assistance program through the drug manufacturer, so he actually didn't have to pay anything out of pocket). His doctor has suggested ...
by anoop
Thu Apr 12, 2018 9:31 pm
Forum: Investing - Theory, News & General
Topic: Meb Faber/Cambria/Trinity Funds
Replies: 49
Views: 4238

Re: Meb Faber/Cambria/Trinity Funds

Too complicated for me.

If I were interested in trend following I would build a portofolio with 5 funds and use the signals published by dshort.com at the end of every month.

But even that is too much for me. So I’m only in money market and individual treasuries. :)