Search found 541 matches

by ray.james
Wed May 25, 2016 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: When will Annual Roth IRA Contribution Limit Increase
Replies: 21
Views: 3542

Re: When will Annual Roth IRA Contribution Limit Increase

Thanks dodecahedron.
While reading those, I am thinking of nice if-else loop code to write for computing 401k limit. May be I will write a script and put it on website to show the current number. :D
Let SSCritic know we miss his puns, quips and above all knowledge every much.
by ray.james
Wed May 25, 2016 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 147
Views: 6490

Re: What's Your Credit Card Rewards Strategy?

I have looked at rewards game but am not sure how people manage to do it. Apart from rent, we spend roughly 30-35K an year for 2 people. A 2% card covers most of it. Lets say we optimize it. Last year we spent 7K on food/dining, 7K on airlines/hotels, the rest were all over the place with no categor...
by ray.james
Tue May 24, 2016 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: When will Annual Roth IRA Contribution Limit Increase
Replies: 21
Views: 3542

Re: When will Annual Roth IRA Contribution Limit Increase

Epsilon, thanks for thorough explanation. CPI reached 246.992 in April- 16. To confirm is this the general inflation number with out food ? edit: cpi link http://data.bls.gov/cgi-bin/surveymost?cu It's CPI-U, the cost of living for all urban consumers. CPI-U includes food and energy (along with eve...
by ray.james
Tue May 24, 2016 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: When will Annual Roth IRA Contribution Limit Increase
Replies: 21
Views: 3542

Re: When will Annual Roth IRA Contribution Limit Increase

It's based on the CPI. If I understand the rules correctly... The adjustment is based on the average for Sept to August. The base year is 2007 with an average CPI of 205.625. To raise the contribution limit to $6000 CPI would need to be 6000/5000 * 205.625 = 246.75. The average value for Sept 2013-...
by ray.james
Thu May 19, 2016 7:09 pm
Forum: Personal Consumer Issues
Topic: Is living in the Bay Area this difficult?
Replies: 49
Views: 7393

Re: Is living in the Bay Area this difficult?

Personally living in a HCOL let me save a ton of money. I got paid enough at a young age to max out 401(k)s and IRAs which I wouldn't have been able to do if I was getting paid 20% less.The higher pay more than compensated for the higher rent I was paying. Now buying a house was a different situati...
by ray.james
Thu May 12, 2016 2:01 pm
Forum: Investing - Theory, News & General
Topic: Carl Icahn Is Betting Big on a Stock Market Crash
Replies: 32
Views: 7099

Re: Carl Icahn Is Betting Big on a Stock Market Crash

I got 4,360,000 hits on "stock market crash 2016" Then I hit Ctrl F5 to reload the page and got 2,260,000 Where did the other 2 million hits go ? Then I do it again and they come back. Try it !!! https://www.google.com/#q=stock+market+crash+2016 I get a steady 3,870,000 results. Perhaps t...
by ray.james
Thu May 12, 2016 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Costco AMEX Transition - Costco has no answers
Replies: 163
Views: 25243

Re: Costco AMEX Transition - Costco has no answers

Amex-Costco is one of my oldest cards and had very generous limit. By adding my wife on it, her credit history jumped all way from 620 to 750+ in 6 months. Somehow, she got through college and couple of working years with no credit cards and used an old family car (Thanks MIL and FIL :D ). By adding...
by ray.james
Wed May 11, 2016 4:59 pm
Forum: Investing - Theory, News & General
Topic: NY Times article on the "tip of the iceberg" that is Puerto Rico
Replies: 76
Views: 11188

Re: NY Times article on the "tip of the iceberg" that is Puerto Rico

I may be understanding this incorrectly, but I think call risk is increasing when more developed countries are moving to negative interest rates. More corporate debt will decides to finance their next bonds in forex for less(less rollover's). One of the leading presidential candidate want to buy bac...
by ray.james
Tue May 10, 2016 3:50 pm
Forum: Investing - Theory, News & General
Topic: LendingClub/P2P the next subprime credit debacle?
Replies: 44
Views: 4797

Re: LendingClub/P2P the next subprime credit debacle?

I agree. It feels similar lending money to a friend, who you know won't pay up if they hit hard times. Average returns are listed around 5.25 - 8.5%, which I believe is taxed as ordinary income. A balanced portfolio return is in the middle of that and is very tax efficient. So, why bother with P2P ...
by ray.james
Mon May 09, 2016 12:23 pm
Forum: Investing - Theory, News & General
Topic: Lending Club management shake up / improper loan sales - thoughts?
Replies: 1
Views: 374

Re: Lending Club management shake up / improper loan sales - thoughts?

I was reading the exact article. In theory this has so much potential, but when their own underwriters agree that their default ratio is as much as 2x regular loans, they are opening up to lawsuits. Although lending club itself is not taking risk here, its stock should sail. Its the investors who mi...
by ray.james
Mon May 09, 2016 12:14 pm
Forum: Investing - Theory, News & General
Topic: Why invest in consumer defensive
Replies: 15
Views: 1374

Re: Why invest in consumer defensive

Active managers add more consumer defensive/utilities when P/E reaches too high; which is probably where OP is coming from. OP, understand not every down turn is same. If there is consumption decrease/deflation style, these are the first sectors to burn!
by ray.james
Fri May 06, 2016 6:11 pm
Forum: Investing - Theory, News & General
Topic: Classic Bernstein 3 — Diversifying Portfolio Equities
Replies: 11
Views: 1663

Re: Classic Bernstein 3 — Diversifying Portfolio Equities

Great post, simplegift. For all the issues raised on international allocation/other specific hot/cold asset classes on this board, people tend to ignore with recency bias. Even if an asset class did not beat another in no more than 5 of 25 years years the lower standard deviation is enough to give w...
by ray.james
Thu May 05, 2016 12:27 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets Fund retirement plan
Replies: 7
Views: 635

Re: Emerging Markets Fund retirement plan

In general most 401k's have something called core funds and sector specific funds. This is to inform everyone on the risks. At our place, Target retirement, total stock and total bond are in core funds. The rest few (6-7) are in "higher risk group funds" which are small cap, active bond fu...
by ray.james
Sat Apr 30, 2016 8:18 pm
Forum: Investing - Theory, News & General
Topic: Classic Bernstein 1 — Asset Allocation and Time Horizon
Replies: 46
Views: 5776

Re: Classic Bernstein — Asset Allocation and Time Horizon

SimpleGift, thank you for sharing this. I started with Ben Graham Intelligent investor and after 50 pages left investing; until Dr Bernstein single post on efficient frontier convinced me. His data driven observations triggered something in logical brain.
by ray.james
Thu Apr 28, 2016 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Saving Too Much in Retirement Accounts?
Replies: 35
Views: 4813

Re: Saving Too Much in Retirement Accounts?

At that income level, I would say the tax benefits are just enough to even bother rechecking the math. If owning a home is of interest, reducing 401k slightly to get at least 10% down payment initially is a good idea. Having said that down payment in NY or CA is pretty much like 100K-200K. So probab...
by ray.james
Tue Apr 26, 2016 5:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Precious Metals and Mining Fund Country Diversification
Replies: 7
Views: 812

Re: Vanguard Precious Metals and Mining Fund Country Diversification

In regards to Australia it is one of the leading producing of more traditional metals like iron, copper, lead, zinc, nickel. It does have lot of gold but most of it is mined by Barrick and NewMont which are Canadian/American companies; Unlike Rio Tinto/BHP which lead in traditional metals and are li...
by ray.james
Tue Apr 26, 2016 1:40 am
Forum: Investing - Theory, News & General
Topic: Got a Question for Jack Bogle? Post it Here.
Replies: 67
Views: 7035

Re: Got a Question for Jack Bogle? Post it Here.

Deflation is trending to be a top topic on forum. It will be nice to get his thoughts on deflation in USA.
Thanks.
by ray.james
Fri Apr 22, 2016 2:57 pm
Forum: Investing - Theory, News & General
Topic: Do you think this is a bad time to enter the market? With the dow at 18,000
Replies: 89
Views: 8008

Re: Do you think this is a bad time to enter the market? With the dow at 18,000

Someone who is here since 2008 and after 1800 posts asks this question :? :? :? :annoyed

I can understand someone new asking this almost every week.
by ray.james
Thu Apr 21, 2016 12:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2901
Views: 623181

Re: U.S. stocks in freefall

Broadstone, I thought I would share my real feelings that I went through last 5 years. I started investing in 2008/09. Made some money, lost some in cycles. Turned to index funds in 2011. Then started tweaking things a lot. Factor loading, value, international, P/E etc., Things started changing last...
by ray.james
Wed Apr 20, 2016 3:04 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2901
Views: 623181

Re: U.S. stocks in freefall

Sometimes there are so many warning flags waving that you have to pay attention, other times not so much. Now is a time where technical analysis, and economic logic are screaming, hey, it's June, the ice is melting but you're still standing in the middle of the lake like it's mid winter. I never wa...
by ray.james
Tue Apr 19, 2016 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage pre payment, why?
Replies: 101
Views: 11340

Re: mortgage pre payment, why?

For me, once I can maintain a decent first tier EF and pay off the entire mortgage balance, I will. Before I can pay off the entire balance, I could prepay part to save interest, but then my cashflow would stay the same until the loan is paid off. This means more short-term risk for a long term gai...
by ray.james
Mon Apr 18, 2016 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage pre payment, why?
Replies: 101
Views: 11340

Re: mortgage pre payment, why?

Here is another often overlooked factor...you have to earn that much more money at your marginal tax rate to pay the mortgage. Consider this...let's say you have a mortgage payment of $2,000 per month for a nice round number, and let's say you are in the 25% marginal tax bracket, that means you hav...
by ray.james
Thu Apr 14, 2016 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on HSA?
Replies: 13
Views: 951

Re: Thoughts on HSA?

Can these be used by anyone in family tax free ? Any restriction who or when can use it. Like dependent children or HDHP in a later year for a family member that is currently using a FSA. A child can stay on the parent plan until they're 26 but if the child can't be claimed as a dependent funds fro...
by ray.james
Thu Apr 14, 2016 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on HSA?
Replies: 13
Views: 951

Re: Thoughts on HSA?

Can these be used by anyone in family tax free ? Any restriction who or when can use it. Like dependent children or HDHP in a later year for a family member that is currently using a FSA.
by ray.james
Mon Apr 11, 2016 11:33 pm
Forum: Investing - Theory, News & General
Topic: I'm Calling an Emerging Markets Bottom
Replies: 181
Views: 22947

Re: I'm Calling an Emerging Markets Bottom

In retrospect grap0013 made a good call on EM and has profited from it. I agree with him that EM equity valuations are still attractive relative to DM and especially to US. There is clearly more political risk, more corruption, more currency risk, and more instability in EM, but those risks are ful...
by ray.james
Mon Apr 11, 2016 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Decided not to buy home in Bay Area - changing gears [to] investing
Replies: 6
Views: 1448

Re: Decided not to buy home in Bay Area - changing gears [to] investing

countofmc, Like you we mull all options of living in the bay area. This is what we have decided. keep 12% downpayment in safe bond/savings account combo if we chose to live here or market goes down. The rest is invested. Our 401k had generous matching and also has a loan provision that does not need...
by ray.james
Fri Apr 08, 2016 2:08 pm
Forum: Personal Consumer Issues
Topic: Experience with Honda Sensing?
Replies: 41
Views: 2885

Re: Experience with Honda Sensing?

inbox788, I think one need to consider not just fatalities, but other property damage based costs. The 1k gets a lot of features including collision avoidance. I agree with your premise, that auto manufactures are gaming this for profit and real benefits are much farther away in time. But as more ma...
by ray.james
Fri Apr 08, 2016 1:30 pm
Forum: Personal Consumer Issues
Topic: Experience with Honda Sensing?
Replies: 41
Views: 2885

Re: Experience with Honda Sensing?

wow, that is pretty much most of what Tesla is doing. Impressive! May be its time to rid of my non ABS car for these, especially my wife being a poor driver. I don't know if it's fate or coincidence or what, a couple hours after posting on this thread I was just rear-ended by 2013 Tesla Model S whi...
by ray.james
Thu Apr 07, 2016 8:16 pm
Forum: Personal Consumer Issues
Topic: Experience with Honda Sensing?
Replies: 41
Views: 2885

Re: Experience with Honda Sensing?

wow, that is pretty much most of what Tesla is doing. Impressive!
May be its time to rid of my non ABS car for these, especially my wife being a poor driver.
by ray.james
Thu Apr 07, 2016 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy
Replies: 32
Views: 3410

Re: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy

I did some math:(ALL FEES ARE IN ADDITIONAL FEES TO LOWER FEE OPTION DEFAULT--0.12%.) For 1% fee compounded over 30 years one have missed 20% of the money. So for eg: If they wound up with 1000000, they might have had 1200000 if not for the additional fees. That's pretty much the same as 20% average...
by ray.james
Wed Apr 06, 2016 1:55 pm
Forum: Investing - Theory, News & General
Topic: Baby Boomers Doubling in next 20 yrs predictions ?
Replies: 50
Views: 4055

Re: Baby Boomers Doubling in next 20 yrs predictions ?

As per CDC our birth rates are still going down. Immigration along with higher immigrant birth rate is keeping the population table up. But we are nowhere near what Europe/Japan is facing. http://www.cdc.gov/nchs/data/nvsr/nvsr64/nvsr64_01.pdf I could not find the exact work, but the baby boomer eff...
by ray.james
Wed Apr 06, 2016 1:18 pm
Forum: Investing - Theory, News & General
Topic: Relative tax efficiency including Foreign Tax Credit (VSS, VWO, VBR, etc.)
Replies: 46
Views: 1720

Re: Relative tax efficiency including Foreign Tax Credit (VSS, VWO, VBR, etc.)

Thanks Triceratop for taking time. This is new gold standard info on foreign tax efficiency. I was not looking at "qualified dividend ratio vs tax credit" correctly, which led to inefficiency especially in high tax state like California. lee71959, I was thinking the same until livesoft sho...
by ray.james
Mon Apr 04, 2016 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging Markets?
Replies: 15
Views: 1444

Re: Emerging Markets?

The last time I did TLH EM, I bought them in tax advantaged space assuming they have reached attractive valuations. Partial reason being - a lot of unqualified dividends, expected larger potential gain. Before that for 2 years I was using taxable; since the TLH advantage is higher.
by ray.james
Wed Mar 30, 2016 8:22 pm
Forum: Investing - Theory, News & General
Topic: Got a Question for Jack Bogle? Post it Here.
Replies: 67
Views: 7035

Re: Got a Question for Jack Bogle? Post it Here.

boglerdude wrote:1) Is there a valuation level where it would make sense to invest internationally?

2) Does he worry about redemption risk in the bond fund he holds (VBILX)?


+1 to these questions. These are my top info/anxiety as well.
by ray.james
Tue Mar 29, 2016 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Which Engineering Discipline for the next 20+ years !!!
Replies: 122
Views: 7378

Re: Which Engineering Discipline for the next 20+ years !!!

Just my thoughts as GenXer Engineering - Computers(esp Graphics, AI, Data Patterns, general software will lead in master degree specializations for 10 years), Mechanical(robotics, autonomous, ergo, design, sensors, etc., ), Bio_fusion areas - Biomedical/Bio-engineering. (gene based work, vaccines, n...
by ray.james
Mon Mar 28, 2016 2:16 pm
Forum: Investing - Theory, News & General
Topic: It's all about saving, not investing really.
Replies: 84
Views: 8014

Re: It's all about saving, not investing really.

It doesn't matter that much during accumulation or until later phases of accumulation. However for draw down it is a one of the key thing. Having said that, the recent thread on real_returns sounds more light on this. All that tinkering with slicing, small, value factoring etc., at the end is probab...
by ray.james
Mon Mar 28, 2016 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Pay Off Student Loans or Mortgage?
Replies: 5
Views: 618

Re: Pay Off Student Loans or Mortgage?

Paying off student loan will reduce one less thing to worry about and it looks you can do both of them in few months. It also seems to be mathematically better value considering tax deduction etc., If you income raises push you to next bracket, it sweetens the mortgage deal further. I would also mak...
by ray.james
Fri Mar 25, 2016 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Liking the new Citi CC at Costco
Replies: 69
Views: 17081

Re: Liking the new Citi CC at Costco

I don't know about others but you're suggesting carrying around at least three if not four different cards to achieve equivalent savings on every seven thousandth dollar and above spent on gasoline as well as 2 percentage points better on eating out and travel for 90 days. Or I could just carry one...
by ray.james
Wed Mar 23, 2016 6:19 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 anyone?
Replies: 279
Views: 18747

Re: Tesla Model 3 anyone?

I highly doubt if tesla can meet that timeline. I am interested in one but will not be reserving.
I am also looking at Bolt(For a change, Detroit impressed me). I am sure they will go super cheap used, 6 months after release which will coincide with model 3 release. :happy
by ray.james
Wed Mar 23, 2016 5:52 pm
Forum: Investing - Theory, News & General
Topic: The Rarely Noted "Real Returns"
Replies: 45
Views: 5141

Re: The Rarely Noted "Real Returns"

A quick question: Any reason not to Annualized inflation like returns? Is it mathematically correct to calculate real return per year(nominal - inflation) and then annualized it or the other way around? Statistics experts, chime in :happy . Does this change numbers? You need to calculate the real r...
by ray.james
Wed Mar 23, 2016 5:49 pm
Forum: Investing - Theory, News & General
Topic: The Rarely Noted "Real Returns"
Replies: 45
Views: 5141

Re: The Rarely Noted "Real Returns"

A quick question: Any reason not to Annualized inflation like returns? Is it mathematically correct to calculate real return per year(nominal - inflation) and then annualized it or the other way around? Statistics experts, chime in :happy . Does this change numbers? Adjust numbers to real first, th...
by ray.james
Wed Mar 23, 2016 2:15 pm
Forum: Investing - Theory, News & General
Topic: The Rarely Noted "Real Returns"
Replies: 45
Views: 5141

Re: The Rarely Noted "Real Returns"

I may have found the answer here. I am not sure if the raw data numbers are different. But based on the calculator on this site: http://www.moneychimp.com/features/market_cagr.htm

1928 - 2015 - real CAGR : 6.54
1928 - 1972: 7.03
1972- 2015 : 6.04

Not much different from OP's data.
by ray.james
Wed Mar 23, 2016 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Housing Prices Trajectory in the Bay Area?
Replies: 77
Views: 6223

Re: Thoughts on Housing Prices Trajectory in the Bay Area?

We are in same boat and looking at East bay. Even that is not cheap but 3/2 townhouses are available for 650-800K. The key is that compared to global cities, the prices in bay area are still low. Local income does allow for further appreciation. The boom and bubble does happen but it is a wash if it...
by ray.james
Wed Mar 23, 2016 1:35 pm
Forum: Investing - Theory, News & General
Topic: The Rarely Noted "Real Returns"
Replies: 45
Views: 5141

Re: The Rarely Noted "Real Returns"

QuietWealth, Great thread. Based on simba's spread sheets I have come to same conclusion. Probably, one of the reason why I don't worry much 2-3 % real returns. A quick question: Any reason not to Annualized inflation like returns? Is it mathematically correct to calculate real return per year(nomin...
by ray.james
Mon Mar 21, 2016 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Any negative to doing a backdoor Roth each month, instead of once a year?
Replies: 11
Views: 1307

Re: Any negative to doing a backdoor Roth each month, instead of once a year?

Also, it will probably be 12 1099 forms that needs to be entered tax time? :happy
by ray.james
Sat Mar 19, 2016 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire Next Door and Budgeting
Replies: 81
Views: 9193

Re: Millionaire Next Door and Budgeting

OP, Save 1/3, spend 1/3, pay 1/3 in tax. It is very simple. KlangFool This is my guideline and experience as well. When I was starting career/early years, 33% of total tax is pretty much given due to California + fica. Keeping expenses to 1/3 is a great guideline to start and maintain at most range...
by ray.james
Mon Mar 14, 2016 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: House Down Payment Cash - Where to Put? (CA Resident)
Replies: 8
Views: 875

Re: House Down Payment Cash - Where to Put? (CA Resident)

For a very similar scenario, we chose 30% savings, 70% limited term tax exempt. Initially we played the interest checking but that got into too much management and after taxes its not much of a difference.
by ray.james
Wed Mar 09, 2016 2:53 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces says IRS auditors disapprove of Backdoor Roth IRA's
Replies: 154
Views: 19952

Re: Michael Kitces says IRS auditors disapprove of Backdoor Roth IRA's

When congress lifted the income limits for ROTH conversions in 2010 - which started this whole issue, they might have not anticipated people using current income for ROTH contribution. In my view, it will be a matter of time before any government would let go 30 years of compounded gains un-taxed fo...
by ray.james
Tue Mar 08, 2016 3:06 pm
Forum: Investing - Theory, News & General
Topic: VG Precious Metals & Mining Fund up 21% this year. Why aren't other ETFs?
Replies: 48
Views: 1492

Re: VGPMX [Vanguard Precious Metals And Mining Fund]

I invested in steel ETF last year - specific metal but also luckily timed double down this January after 2014 investment. Net effect, I can see green in close territory(2% of portfolio). However nothing will make up for the EM hole during last 3 years :P
by ray.james
Sun Mar 06, 2016 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Is the benefit of paying credit card interest is just to get the item NOW instead of later?
Replies: 24
Views: 1718

Re: Is the benefit of paying credit card interest is just to get the item NOW instead of later?

Sure. It's not like it's all irresponsible consumerism, though. A lot of people do live paycheck-to-paycheck or not far from it, and a financial shock like an unexpected medical complication or vehicle breaking down is all it takes to burn through liquid assets, whereupon credit has to be tapped at...

Go to advanced search