Search found 263 matches

by davidsorensen32
Mon Dec 11, 2017 11:16 pm
Forum: Personal Consumer Issues
Topic: Japan in summer
Replies: 17
Views: 987

Re: Japan in summer

I do detest humid heat
crazygrow wrote:
Mon Dec 11, 2017 10:16 pm
Japan is an amazing country to visit. Yes, it has its temperature extremes, but if this is your chance to go, I wouldn't let it deter me unless you absolutely detest hot weather/humidity...
by davidsorensen32
Mon Dec 11, 2017 11:16 pm
Forum: Personal Consumer Issues
Topic: Japan in summer
Replies: 17
Views: 987

Re: Japan in summer

You’re “toast” (pun intended).
SrGrumpy wrote:
Mon Dec 11, 2017 10:11 pm
tigermilk wrote:
Mon Dec 11, 2017 9:29 pm
We definitely plan to be there for the 2020 Summer Olympics.
It's my plan, too. 24 July to 9 August ... oh dear.
by davidsorensen32
Mon Dec 11, 2017 10:05 pm
Forum: Investing - Theory, News & General
Topic: Call the Top!
Replies: 29
Views: 2427

Re: Call the Top!

+100000000. The more things change, the more they remain the same ... Geez I can't believe I'm starting to sound like this veterans of this board.
runner3081 wrote:
Thu Dec 07, 2017 10:03 pm
There is no top. It will go up, it will go down, it will go up and then down again.
by davidsorensen32
Mon Dec 11, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 59
Views: 4243

Re: 2018 financial goals - what are yours?

Just one goal - Find gainful employment. Is it too early for New Years resolutions? Well I totaled all of our 2017 and compared to our goals and so of course I had to make next year's goals. Any I should change? And anyone make 2018 financial goals yet? 2 income household, 0 children, late 20s 2017 ...
by davidsorensen32
Mon Dec 11, 2017 8:27 pm
Forum: Personal Consumer Issues
Topic: Japan in summer
Replies: 17
Views: 987

Re: Japan in summer

Sounds like a terrible idea because of bad hot/humid weather. We're freezing this idea for now. Will warm it up later. Thanks for your advice !
by davidsorensen32
Mon Dec 11, 2017 12:45 am
Forum: Personal Consumer Issues
Topic: Japan in summer
Replies: 17
Views: 987

Japan in summer

All, planning for a family summer vacation in Japan. Here is our tentative itinerary

*Tokyo - 4 nights
* Kyoto - 4 nights
* TBD (Osaka? / Buddhist monastery/ Hiroshima? Fuji ?) - 4 nights

Planning to get the japan rail pass soon.

Any tips/recommendations will be greatly appreciated.
by davidsorensen32
Sun Dec 10, 2017 8:32 pm
Forum: Personal Consumer Issues
Topic: December 22 - Jan 1 vacation
Replies: 21
Views: 2015

Re: December 22 - Jan 1 vacation

We gave up. There are no deals to be had. We're just going to stay back and invite friends over. Now that’s an awesome suggestion! Thank you A 10 year old might love the sights and environment of Washington D.C., all the government museums, and being in places he's heard/seen about on TV. Probably n...
by davidsorensen32
Sun Dec 10, 2017 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 155
Views: 10169

Re: Save all this money, what do you splurge on?

KF, which bike did you buy ? I'm in the market for a bike myself.
KlangFool wrote:
Sat Dec 09, 2017 11:20 am
OP,

I spent $1,700 on an electric folding bike. That extends my biking distance.

KlangFool
by davidsorensen32
Thu Nov 30, 2017 8:03 pm
Forum: Personal Consumer Issues
Topic: 2018 Goals - Financial or Otherwise
Replies: 63
Views: 4641

Re: 2018 Goals - Financial or Otherwise

Which aerospace company / location of USA are you in ? San Francisco Bay Area. Looking for employment in high tech. I’ve done engineering, pre sales , product, marketing etc. - both extensive customer facing and inbound . Had a great career in “old tech”. Just need a break to prove myself in “new te...
by davidsorensen32
Thu Nov 30, 2017 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Going from 100% U.S stocks to 30% international?
Replies: 36
Views: 2965

Re: Going from 100% U.S stocks to 30% international?

Have you ever been to Japan ? Because the US is not Japan. In fact they are poles apart !! I have the opposite problem. When I constructed my IPS and portfolio about 10 years ago, I was heavily influenced by David Swensen and held 15% of Developed International + 5% Emerging over the last decade. Re...
by davidsorensen32
Thu Nov 30, 2017 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell some of my Berkshire stock
Replies: 31
Views: 2786

Re: Should I sell some of my Berkshire stock

I wouldn't sell. Read Buffet's annual letters. I believe Berkshire's intrinsic value is far greater than its market value. Almost all outcomes I can think about after Buffett passes away is favorable to the stock. Unless you need liquidity, I'd hold on to it forever. Your heirs will get a step up ba...
by davidsorensen32
Thu Nov 30, 2017 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Going from 100% U.S stocks to 30% international?
Replies: 36
Views: 2965

Re: Going from 100% U.S stocks to 30% international?

As warren buffet says - “never bet against the usa”. My money is on Uncle Sam. Good luck ! I have the opposite problem. When I constructed my IPS and portfolio about 10 years ago, I was heavily influenced by David Swensen and held 15% of Developed International + 5% Emerging over the last decade. Re...
by davidsorensen32
Thu Nov 30, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Going from 100% U.S stocks to 30% international?
Replies: 36
Views: 2965

Re: Going from 100% U.S stocks to 30% international?

Because the US is not Japan. In fact they are poles apart !! I have the opposite problem. When I constructed my IPS and portfolio about 10 years ago, I was heavily influenced by David Swensen and held 15% of Developed International + 5% Emerging over the last decade. Returns have been poor until thi...
by davidsorensen32
Wed Nov 29, 2017 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Going from 100% U.S stocks to 30% international?
Replies: 36
Views: 2965

Re: Going from 100% U.S stocks to 30% international?

I don't disagree. But I'm rewriting my IPS of 10 years based on what I've experienced. In my new IPS, Intl+EM will be equal to 0. In the mean time I’ve travelled extensively for work globally and my outlook has soured significantly. Lots of investors in ex-US companies not only travel extensively, b...
by davidsorensen32
Wed Nov 29, 2017 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Going from 100% U.S stocks to 30% international?
Replies: 36
Views: 2965

Re: Going from 100% U.S stocks to 30% international?

Because the denominator of all those metrics you suspect are highly suspect. I don't believe the earnings/book value of Company X (substitute X for most International companies) are of the same quality as a company incorporated in the US. Its not only about earnings, its also about quality of earnin...
by davidsorensen32
Wed Nov 29, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Going from 100% U.S stocks to 30% international?
Replies: 36
Views: 2965

Re: Going from 100% U.S stocks to 30% international?

I have the opposite problem. When I constructed my IPS and portfolio about 10 years ago, I was heavily influenced by David Swensen and held 15% of Developed International + 5% Emerging over the last decade. Returns have been poor until this year. In the mean time I’ve travelled extensively for work ...
by davidsorensen32
Wed Nov 29, 2017 1:52 pm
Forum: Personal Consumer Issues
Topic: 2018 Goals - Financial or Otherwise
Replies: 63
Views: 4641

Re: 2018 Goals - Financial or Otherwise

San Francisco Bay Area. Looking for employment in high tech. I’ve done engineering, pre sales , product, marketing etc. - both extensive customer facing and inbound . Had a great career in “old tech”. Just need a break to prove myself in “new tech”. Haven’t had any luck so far. Any and all help will...
by davidsorensen32
Mon Nov 27, 2017 12:54 pm
Forum: Personal Consumer Issues
Topic: 2018 Goals - Financial or Otherwise
Replies: 63
Views: 4641

Re: 2018 Goals - Financial or Otherwise

I have just one goal - finding gainful employment. I used to have a long list for new years resolution when I had a job. How times change.
by davidsorensen32
Wed Nov 22, 2017 7:07 pm
Forum: Personal Consumer Issues
Topic: best SUV
Replies: 30
Views: 2711

Re: best SUV

https://www.lincoln.com/luxury-suvs/navigator/
ROCKS !!
HerbRight wrote:
Tue Nov 21, 2017 11:33 pm
What is the best SUV for families, and 7 places (not minivans) i.e pathfinder, pilot, etc... should I wait for the new Subaru ASCENT???
by davidsorensen32
Wed Nov 22, 2017 6:23 pm
Forum: Personal Consumer Issues
Topic: December 22 - Jan 1 vacation
Replies: 21
Views: 2015

Re: December 22 - Jan 1 vacation

Now that’s an awesome suggestion! Thank you
123 wrote:
Wed Nov 22, 2017 6:13 pm
A 10 year old might love the sights and environment of Washington D.C., all the government museums, and being in places he's heard/seen about on TV. Probably no crowding or lines around the time you want to go. The weather, not so hot.
by davidsorensen32
Wed Nov 22, 2017 5:40 pm
Forum: Personal Consumer Issues
Topic: December 22 - Jan 1 vacation
Replies: 21
Views: 2015

Re: December 22 - Jan 1 vacation

Thanks. I’m checking. Hello Bogleheads, desperately searching for vacation destination that won't break the bank. Someplace that would be engaging and interesting for a 10 year old. Preferably with good weather - i.e. ideally in the Southern Hemisphere at this time of the year. Costa Rica is one pla...
by davidsorensen32
Wed Nov 22, 2017 5:37 pm
Forum: Personal Consumer Issues
Topic: December 22 - Jan 1 vacation
Replies: 21
Views: 2015

Re: December 22 - Jan 1 vacation

I share your concerns. Hotels and flights are exorbitantly priced or unavailable altogether.
Gill wrote:
Wed Nov 22, 2017 5:06 pm
Do you really think you'll be able to obtain air and hotel reservations? There is no busier time of the year and flights and hotels are often full months in advance.
Gill
by davidsorensen32
Wed Nov 22, 2017 4:17 pm
Forum: Personal Consumer Issues
Topic: December 22 - Jan 1 vacation
Replies: 21
Views: 2015

December 22 - Jan 1 vacation

Hello Bogleheads, desperately searching for vacation destination that won't break the bank. Someplace that would be engaging and interesting for a 10 year old. Preferably with good weather - i.e. ideally in the Southern Hemisphere at this time of the year. Costa Rica is one place we are seriously co...
by davidsorensen32
Sat Nov 04, 2017 2:34 am
Forum: Personal Finance (Not Investing)
Topic: This is why I'm glad I started investing at 23
Replies: 27
Views: 4732

Re: This is why I'm glad I started investing at 23

How much are we talking about ? $3M ? $4M ? When does money 💰 become “enough” that you stop clamoring for promotions ? I did the same as you - ie started saving at 21, drove old cars. The biggest positive that came from investing heavily for retirement very early on was that now, at 44...I don't str...
by davidsorensen32
Thu Oct 12, 2017 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 55
Views: 8524

Re: How young is too young to retire.

So 4147500 / 130000 = 32 years !! That royally sucks So if my lifetime earnings have been 35 * 12 * 9875 = $4,147,500 packed in 15 years then I’m going to get the maximum SSN assuming I collect at 70 ? https://www.ssa.gov/pubs/EN-05-10070.pdf You calculate your average monthly earnings from the 35 y...
by davidsorensen32
Thu Oct 12, 2017 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 168
Views: 17745

Re: What should the savings be for an average professional

Without a pension and health care coverage - which your tenured professors have - you’ll need far more than $2M Average rule of thumb that my mentor told me when I was starting my career: Target for $1M by 40. That's savings+investment gains. For someone starting their career now I'd say $2M by 40. ...
by davidsorensen32
Thu Oct 12, 2017 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 55
Views: 8524

Re: How young is too young to retire.

So if my lifetime earnings have been 35 * 12 * 9875 = $4,147,500 packed in 15 years then I’m going to get the maximum SSN assuming I collect at 70 ? https://www.ssa.gov/pubs/EN-05-10070.pdf You calculate your average monthly earnings from the 35 years with the highest annual earnings (indexed for in...
by davidsorensen32
Thu Aug 31, 2017 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Time to reach 1M and 2M milestones
Replies: 162
Views: 44855

Re: Time to reach 1M and 2M milestones

12 years to reach $1M +5 years to reach $2M Hi all, For those folks who are in the two comma club, I am wondering if you could chime in with how long it took you to reach 1M and 2M milestones. They say the first $1M is the hardest. Is that really true? If so, time to go from $1M to $2M should be muc...
by davidsorensen32
Wed Aug 30, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 168
Views: 17745

Re: What should the savings be for an average professional

Until I got laid off recently, my CAGR was about 9% per annum over 17 years. I changed jobs a bunch of times - partly due to compulsion and partly because of better pay. Never hit a jackpot. No startup gold either. Just plain old grind. 60-80 hour weeks, crazy travel, missed birthdays and anniversar...
by davidsorensen32
Wed Aug 30, 2017 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 168
Views: 17745

Re: What should the savings be for an average professional

Average rule of thumb that my mentor told me when I was starting my career: Target for $1M by 40. That's savings+investment gains. For someone starting their career now I'd say $2M by 40. But don't forget to live a little. Remember everybody dies, but not everyone lives.
by davidsorensen32
Wed Aug 30, 2017 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: HSA: Which funds to invest ?
Replies: 4
Views: 516

HSA: Which funds to invest ?

* CA resident (ouch !) * $10K in HSA - all cash due to really bad funds available until now. Didn't want to bother with tax issues. * New funds just became available - including several vanguard funds: https://image.yourhealth-wellnessteam.com/lib/fe9812707466047a72/m/9/Optum_HSA_Wells_Fargo_Mutual_...
by davidsorensen32
Sat Aug 12, 2017 1:31 am
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

KlangFool, I hear you. The only problem is jobs in these dying dinosaurs won't allow me to accumulate another 2M in the next 10 years. A job in new tech would. The difference in salary for essentially the same kind of job in new tech (not startups - see below - I mean established new tech) v/s old t...
by davidsorensen32
Thu Aug 10, 2017 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

KlangFool, you're SPOT ON ! The problem is I got laid off from one of the companies in that list. And the rest of them others are dying dinosaurs. Layoffs every 6 months. Brutal culture. Very low morale. Everyone is hanging on for as long as they can. Its highly politically charged due to negative g...
by davidsorensen32
Thu Aug 10, 2017 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

Commute is not equal to work. This thread has run its course. The OP has an attitude problem more than a financial/employment one, which I'm sure employers are picking up on. My advice would be to take a deep breath and take some time to regroup. Your thoughts tend to be all over the place. Consider...
by davidsorensen32
Wed Aug 09, 2017 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

Absolutely willing to go back to coding ! But whats the market for 40 year old *has been* coders who haven't been coding for 10 years ? Also how will I rationalize going from coding --> marketing --> coding ? I have dozen+ patents from my time as a programmer - I list them on my resume - but they do...
by davidsorensen32
Wed Aug 09, 2017 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

Guys lets not turn this into a coast versus heartland, red versus blue thing. That was never my intent. There are lots of great companies in the middle of the country (many of them are my customers !!) with lots of great people. But guess what ? They all advice me not to move to the middle of the co...
by davidsorensen32
Wed Aug 09, 2017 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

Isn't Fargo the same city that gets portrayed in movies and TV serials repeatedly as a desolate frozen tundra full of humorless people with funny accents many of who are serial killers and gangmembers dreaming of new schemes for grim murders like shoving you alive in a wood chipper or gluing your mo...
by davidsorensen32
Wed Aug 09, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

Guys I'm not whining or being negative intentionally. Just stating my concerns. Moving to LCOL sounds awesome except when you think about the practicalities of getting a job and networking. If I can't get a job with my connections in the valley what chance do I have outside the valley. I don't know ...
by davidsorensen32
Wed Aug 09, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

Deleted. Duplicate post
by davidsorensen32
Wed Aug 09, 2017 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

Guys, great suggestions. Keep them coming. Some thoughts * Driving for Uber - both my cars are 17 years old. Uber requires new cars. A new car is a big expense in my current situation. * Job fair - I haven't had much success in job fairs in the past. I used to go to them regularly earlier in my care...
by davidsorensen32
Wed Aug 09, 2017 1:44 am
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

WCI, love your blog ! There is an incorrect assumption in your maths. 85k is gross. It's more like 65k after taxes. My assumptions are more like I need 3.5% withdrawal which is cutting it too close. The long awaited layoff happened this week. After 17 years of continuous employment I find myself wit...
by davidsorensen32
Tue Aug 08, 2017 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

Guys, spouse is really attached to the Bay Area because of her line of work. She's apprehensive that she wont be getting an equivalent job (with a pension, great bennies etc.) in other parts of the country. On your suggestions for LCOL - I'm personally completely in favor of it, but am handicapped b...
by davidsorensen32
Tue Aug 08, 2017 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

I used to program years ago (but have undergrad+masters in computer science). Ever since my MBA I shifted to the business side. HomerJ - I work in creating fairly complex and sophisticated products and services for fairly demanding Fortune 2000 enterprise companies. Outside of Seattle not too many a...
by davidsorensen32
Tue Aug 08, 2017 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

How so ? My expenses are Rent + Utilities: $36,000 per annum. But rent controlled. So I don't expect rent to go up very much. Tuition: $24,000 per annum. Vacation: $10,000 per annum. [We will get rid of this] Food, clothing etc: $30,000 per annum [Maybe some opportunity to squeeze here] So ok. Down ...
by davidsorensen32
Tue Aug 08, 2017 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

HomerJ - I work in creating fairly complex and sophisticated products and services for fairly demanding Fortune 2000 enterprise companies. Outside of Seattle not too many areas where companies build the same products and services at scale. Believe me. I tried. On the operational side (that involves ...
by davidsorensen32
Tue Aug 08, 2017 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

* Relocation - Yes, I have to start looking at this possibility. I agree. But what are the chances that I'll get a job outside of the Bay Area in tech when I can't get a job IN the Bay Area ? Seattle might be an exception. davidsorensen32, 1) Much better since you got nothing from this area. KF - n...
by davidsorensen32
Tue Aug 08, 2017 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Re: Life at crossroads. What would you do ?

Great responses. I'll try to address multiple posts in one: * 3 hour commute - this seems to be the only viable option for now. I will continue on this course. It will break my heart not to be able to spend time with my DW + kids in elementary school. They think their dad is their best friend. Will ...
by davidsorensen32
Tue Aug 08, 2017 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18553

Life at crossroads. What would you do ?

The long awaited layoff happened this week. After 17 years of continuous employment I find myself without a paycheck for the first time in my career. I was mentally prepared for it. Been searching for a job since the beginning of the year (for the last 9 months) without any luck so far. My line of t...
by davidsorensen32
Tue Aug 08, 2017 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: When does renting make sense
Replies: 112
Views: 10163

Re: When does renting make sense

If you have a rent controlled apartment then it makes sense to keep renting as long as possible. Rent control will stabilize the rent increases. Take your savings and make it work for you in the market.
wannabogle wrote:When does renting a home make more sense than buying?
by davidsorensen32
Wed Jul 19, 2017 12:57 am
Forum: Investing - Help with Personal Investments
Topic: Personal Finance Milestone: 20 Times Annual Expense
Replies: 95
Views: 9746

Re: Personal Finance Milestone: 20 Times Annual Expense

KF, you are an inspiration. I am in the same situation as you were a bit while ago. My whole team got canned last month. I may be next. Any day. My industry is getting ravaged. I applied to hundreds of jobs last 2 months (any reader from Bay Area wants an eager beaver hardworking Product Manager, Ma...