Search found 118 matches

by dacalo
Tue May 05, 2020 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant Salary Growth
Replies: 35
Views: 4772

Re: Accountant Salary Growth

I think you are doing fine considering cost of living. I started at a regional accounting firm (auditing banks), but decided to join a Big 4 firm with a lot more interesting clients (tech and biotech). It was a great opportunity as I learned a ton but it was stressful and long hours. Looking back, g...
by dacalo
Tue Apr 28, 2020 12:59 pm
Forum: Personal Investments
Topic: How are the "100% Stocks" people doing?
Replies: 137
Views: 11396

Re: How are the "100% Stocks" people doing?

We hold cash for emergency fund but rest is in stocks. Haven't flinched at all and sleeping well at night. Buying stocks at scheduled intervals as usual.
by dacalo
Mon Apr 06, 2020 6:38 pm
Forum: Personal Investments
Topic: Do you want to own the whole haystack [VTI] when someone has a blowtorch?
Replies: 125
Views: 9416

Re: Do you want to own the whole haystack [VTI] when someone has a blowtorch?

I have a slightly different view. I don't see VTI or VTSAX (or any other index funds) as a haystack. Rather, I see it as a stack of different materials. Some are more flammable than others in this environment, and if you pick something that is more flammable, then it might not end well, so WHY NOT o...
by dacalo
Sat Feb 29, 2020 2:03 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296887

Re: Coronavirus and the market

Through this week's downturn, I learned that my tolerance level is very high so I learned something new. Went through 2008 downturn too but my asset wasn't that big. I really appreciate this opportunity to pick up shares around December levels.
by dacalo
Tue Feb 25, 2020 3:48 pm
Forum: Personal Investments
Topic: 38 yr old having 2nd thoughts...
Replies: 93
Views: 10753

Re: 38 yr old having 2nd thoughts...

I just turned 40 and I have very minimal bond holdings. All the recent sell off hasn't rattled me at all. If anything, I welcome the market cooling down a little. It was just too crazy past few months.
by dacalo
Thu Feb 20, 2020 1:09 pm
Forum: Personal Investments
Topic: Where to invest emergency fund?
Replies: 27
Views: 2340

Re: Where to invest emergency fund?

We have our EF split between STAR fund, VTEB, and savings account. We also have mutual funds and ETFs in taxable if necessary. Interesting mix of a tax inefficient mutual fund and a muni bond ETF. Any particular reason for that that? We have to pay taxes on savings account anyways, so don't see pay...
by dacalo
Thu Feb 20, 2020 1:06 pm
Forum: Personal Investments
Topic: Have 100% Retirement Accounts, Should I invest in NonRetirement Now or Later?
Replies: 18
Views: 1617

Re: Have 100% Retirement Accounts, Should I invest in NonRetirement Now or Later?

I am not sure about using 8%, that does seem very optimistic. It may end up being higher or lower, but personally, I would use a rate that is lower and work backwards to see how much you need for taxable account. But yes, I think the order would be max ROTH, 401k up to match or at a rate you are abl...
by dacalo
Thu Feb 20, 2020 1:00 pm
Forum: Personal Investments
Topic: Where to invest emergency fund?
Replies: 27
Views: 2340

Re: Where to invest emergency fund?

We have our EF split between STAR fund, VTEB, and savings account. We also have mutual funds and ETFs in taxable if necessary.
by dacalo
Sat Feb 15, 2020 4:30 pm
Forum: Personal Investments
Topic: You Can't Time The Market
Replies: 73
Views: 5797

Re: You Cant Time The Market

I just tell myself that I don't know anything, and the only thing I can control is how I invest. Therefore, I just keep buying regardless what the market says. Coronavirus? Buy. Bernie leading the caucus? Buy. Companies blowing away earnings? Buy. Trump news? Buy. All the events are just noise, I do...
by dacalo
Mon Feb 10, 2020 10:34 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lets clients now trade fractional shares of stocks and ETFs
Replies: 174
Views: 16242

Re: Fidelity lets clients now trade fractional shares of stocks and ETFs

Still not activated - been a customer for around 18 years.
by dacalo
Fri Feb 07, 2020 12:27 pm
Forum: Personal Investments
Topic: Why is my Vanguard account balances always delayed?
Replies: 21
Views: 1823

Re: Why is my Vanguard account balances always delayed?

I think OP is talking about balances reflecting new trades, not update to valuation for existing investments. I think this comes with the territory if investing with Vanguard and the company not having the greatest IT infrastructure. They probably do a "batch" type of update later in the day, versus...
by dacalo
Tue Feb 04, 2020 2:38 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lets clients now trade fractional shares of stocks and ETFs
Replies: 174
Views: 16242

Re: Fidelity lets clients now trade fractional shares of stocks and ETFs

Almost seems like vaporware at this point. I don't think I have come across anyone who seems to have this feature yet (Reddit, Twitter, Bogleheads, etc).
by dacalo
Fri Jan 24, 2020 12:44 pm
Forum: Personal Investments
Topic: New Here Wondering About Possible Market Crash
Replies: 70
Views: 6532

Re: New Here Wondering About Possible Market Crash

Nobody knows, so the best time is now. Ignore all the noise and just be diligent, that's all you need to build wealth. It's pretty simple, really.
by dacalo
Sun Jan 19, 2020 1:20 pm
Forum: Personal Investments
Topic: Paralysis by analysis - Taxable account
Replies: 23
Views: 1833

Re: Paralysis by analysis - Taxable account

I am not clear on what you mean by not able to see over all gains in their app. I use Fidelity for CMA, brokerage (after-tax), and 401k and i see over all gains for all of them.
by dacalo
Sun Dec 29, 2019 5:47 pm
Forum: Personal Investments
Topic: Parking money in VMMXX until Roth - good or no?
Replies: 25
Views: 2147

Re: Parking money in VMMXX until Roth - good or no?

Are you able to transfer from taxable to IRA and then do backdoor transfer as VTSAX (transfer as mutual fund rather than cash) at Vanguard? We need to do backdoor due to our income level but would rather have the money invested rather than sitting in cash going forward.
by dacalo
Mon Dec 09, 2019 3:50 pm
Forum: Investing - Theory, News & General
Topic: Retail investors selling US stocks at record levels/WSJ article 12/8/19
Replies: 26
Views: 4003

Re: Retail investors selling US stocks at record levels/WSJ article 12/8/19

Yet, the market is up in 2019. Please sell more so I can pick up shares at a discount.
by dacalo
Sun Dec 01, 2019 4:07 pm
Forum: Personal Investments
Topic: Fidelity: Automate Investing with ETFs (M1 Finance?)
Replies: 20
Views: 1850

Re: Fidelity: Automate Investing with ETFs (M1 Finance?)

M1 Finance just had a fiasco; they withdrew money twice for some customers which happened to me. I am going to move my money to Fidelity, don't want to deal with this kind of "mistakes."
by dacalo
Wed Nov 20, 2019 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Best insurance company for auto, renters, umbrella insurance
Replies: 28
Views: 2258

Re: Best insurance company for auto, renters, umbrella insurance

Amica is very good, although my claims were minimal. Their customer service was top notch. However, they commanded too much premium over companies like Geico and we switched.
by dacalo
Wed Nov 20, 2019 4:15 pm
Forum: Personal Investments
Topic: I want to make my children millionaires.
Replies: 74
Views: 12649

Re: I want to make my children millionaires.

Better for your children to be money smart but have to start from scratch than be money dumb and blow all the money prematurely.
by dacalo
Mon Nov 11, 2019 6:20 pm
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 174
Views: 13228

Re: Investing $140k in cash at 1k per week

dacalo wrote:
Mon Nov 11, 2019 6:20 pm
dacalo wrote:
Mon Nov 11, 2019 6:20 pm
timetraveler wrote:
Mon Nov 11, 2019 5:35 pm
mortfree wrote:
Mon Nov 11, 2019 3:22 pm
But you won’t actually put 1000 per week in VTI because you can’t buy partial shares (or can YOU)? I can’t.
I believe Schwab allows you to buy fractional shares. It is relatively recent feature. :happy
They will in the future, can't do it yet.
by dacalo
Mon Nov 11, 2019 6:20 pm
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 174
Views: 13228

Re: Investing $140k in cash at 1k per week

timetraveler wrote:
Mon Nov 11, 2019 5:35 pm
mortfree wrote:
Mon Nov 11, 2019 3:22 pm
But you won’t actually put 1000 per week in VTI because you can’t buy partial shares (or can YOU)? I can’t.
I believe Schwab allows you to buy fractional shares. It is relatively recent feature. :happy
They will in future, can't do it yet.
by dacalo
Wed Oct 09, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Finance or Accounting Degree?
Replies: 81
Views: 6439

Re: Finance or Accounting Degree?

I am a CPA with about 15 years of experience who worked in a Big 4 firm, now in a corporation. Contrary to what most people think, accounting has very little to do with math. Most successful accountants/CPA's I've seen have great communication, people skills, and writing skills, traits that are more...
by dacalo
Thu Oct 03, 2019 11:24 am
Forum: Personal Investments
Topic: 100% Stock too Aggressive in 401k Plan?
Replies: 40
Views: 2795

Re: 100% Stock too Aggressive in 401k Plan?

I am nearing 40 and my 401k is 100% total stock fund. I sleep well at night. If the market goes up, I am happy because my shares are appreciating. If the market goes down, I am happy because I can purchase shares at a discount. Win-win.
by dacalo
Wed Oct 02, 2019 11:33 am
Forum: Personal Investments
Topic: I pulled out... How do I get back in?
Replies: 100
Views: 14016

Re: I pulled out... How do I get back in?

Get back in with the same vindication as when you pulled out.
by dacalo
Tue Sep 17, 2019 5:14 pm
Forum: Personal Consumer Issues
Topic: $2k repairs on $12K car
Replies: 81
Views: 5663

Re: $2k repairs on $12K car

We spent $1,500 on a 13-year-old car worth $3k- $4k with 120k miles on it. It still runs like a champ. So from this perspective, spending $2k on a $12k car with only 70k miles doesn't seem that far fetched. Also, you can do some of that yourself. Like battery change, just get one from Costco and spe...
by dacalo
Fri Sep 13, 2019 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant Salary Growth
Replies: 35
Views: 4772

Re: Accountant Salary Growth

You are doing fine. Here is my experience in a Big 4 (be mindful this is in CA where it is VHCOL) excluding bonuses and benefits: Staff 1 - 45k Staff 2 - 50k Senior 1 - 70k Senior 2 - 74k Senior 3 - 79k Manager 1 - 95k Industry Accounting Manager - 120k Technical Accounting Manager/Reporting - 145k ...
by dacalo
Tue Aug 27, 2019 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Should I purchase a $30k car?
Replies: 112
Views: 8209

Re: Should I purchase a $30k car?

You are doing great for your age, go for it. Wife and I did something similar and splurged on a Tesla Model 3 a couple of months ago after her 2012 Honda Fit got totaled (was parked and no one inside thank god). Would have never imagined buying a luxury car but Tesla was appealing to us as an EV, an...
by dacalo
Thu May 09, 2019 10:27 pm
Forum: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 13905

Re: What is your U.S./ex-U.S. stock allocation?

100% US past 18 years, have done well.
by dacalo
Thu May 09, 2019 11:21 am
Forum: Personal Investments
Topic: tech funds
Replies: 30
Views: 5138

Re: tech funds

I don't have any specific suggestions, but with my "fun" money, I have been bullish on cyber security and cloud computing/storage solutions and have done very well.
by dacalo
Wed May 01, 2019 6:35 pm
Forum: Personal Investments
Topic: Beginner investor seeks advice in record high stock market [2019]
Replies: 37
Views: 3929

Re: Beginner investor seeks advice in record high stock market [2019]

When the market is down, people panic and are reluctant to invest. When the market is up, people think the market is over priced. See the problem? What about: When the market is down, it's good time to buy at discounted prices, the market will recover in the long run. When the market is up, the mark...
by dacalo
Thu Apr 25, 2019 12:23 am
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 18452

Re: Dump international?

I don't hold any international. I know a lot of bogleheads hold international but I am happy with just holding the US market and I sleep well at night. Jack Bogle in the past has stated that he sees no need to hold any international but if diversification is important for someone, I can see why they...
by dacalo
Sat Apr 20, 2019 6:04 pm
Forum: Personal Investments
Topic: Where to park the next dollar, beyond 401k?
Replies: 12
Views: 1705

Re: Where to park the next dollar, beyond 401k?

Since you two are not yet married, i assume you both are filing as Single status. Do you 2 have any IRA Accounts? If not, are you eligible to contribute to Roth IRA (directly or through Back door Roth)? I would put my next dollar in Roth IRA. Ah yes.. I do have a Roth IRA account. This year we are ...
by dacalo
Fri Apr 19, 2019 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Best Software for Budgeting/Tracking Investments/Projecting retirement drawdown
Replies: 9
Views: 1676

Re: Best Software for Budgeting/Tracking Investments/Projecting retirement drawdown

I've been looking for one as well, but haven't found one that fits my criteria. FYI, there is Moneydance, Banktivity, and of course, Quicken. I've tried all three on Mac and found them to be not intuitive at all setting up the account initially, but this is my personal opinion and you may think othe...
by dacalo
Thu Apr 18, 2019 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 101
Views: 21594

Re: Do not use Personal Capital

I've been using Personal Capital for last couple of years and I sleep well at night. I would imagine they have access to my financial info but I would imagine that is the whole point of their service.
by dacalo
Tue Apr 02, 2019 7:11 pm
Forum: Personal Investments
Topic: Asset allocation?
Replies: 6
Views: 889

Re: Asset allocation?

Just my humble opinion, but at your salary range of $150k - $200k, I would contribute everything to pre-tax 401k to reduce your tax burden. Unless you know something that we don't know, I would start investing now. VTSAX (total stock market) is a good choice. Bonds are recommended to be held in tax ...
by dacalo
Fri Mar 22, 2019 3:41 pm
Forum: Personal Investments
Topic: saving too much?
Replies: 17
Views: 1649

Re: saving too much?

i don't think you can save too much. Better than to be short later, but also reward yourselves when you hit milestones and budget for fun stuff like vacations.
by dacalo
Sun Mar 10, 2019 11:47 am
Forum: Personal Investments
Topic: Should I go all in with Vanguard or "diversify" with Fidelity?
Replies: 37
Views: 4799

Re: Should I go all in with Vanguard or "diversify" with Fidelity?

My 401k is with Fidelity and we use Fidelity’s CMA. We also use Vanguard for our Roths and taxable accounts.
by dacalo
Thu Mar 07, 2019 12:34 pm
Forum: Personal Investments
Topic: Most NON obvious thing for new investors
Replies: 58
Views: 8314

Re: Most NON obvious thing for new investors

How investing successfully is boring and not as sexy as some think. How simplicity is preferred over complexity. Minimal actions and trading. I am also guilty of this. Sometimes, I feel like I want to tinker with something. There are articles out there that recommends certain stocks or funds. Howeve...
by dacalo
Fri Mar 01, 2019 4:47 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 23433

Re: Talk me in/out of $35k Tesla Model 3

GuineaPig wrote:
Fri Mar 01, 2019 2:07 pm
You have loads of money, so that's not the issue. You can easily afford it.

But I notice that you've got two young kids. Seems to me that your next vehicle should be one that is better for transporting the family, not worse.
It's been decided, Tesla X then! :twisted:
by dacalo
Fri Mar 01, 2019 4:40 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 386204

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

mighty72 wrote:
Fri Mar 01, 2019 3:00 pm
Okay, after reading and taking my time, I took a plunge today. I am at a couple of decades away from retirement and can live with my investment in this trade going to zero. thanks
Same here, if it works out great, if it doesn't, no biggie.
by dacalo
Fri Mar 01, 2019 12:10 pm
Forum: Personal Investments
Topic: My first attempt at backdoor Roth IRA
Replies: 3
Views: 627

Re: My first attempt at backdoor Roth IRA

I moved $6k from a Vanguard brokerage account to this Rollover IRA account a few days ago. If the “source account” is a brokerage account (taxable, in this case) at Vanguard, that tells me you are on the “upgraded” platform. When you buy or sell anything in that account, there is a built-in “settle...
by dacalo
Thu Feb 28, 2019 8:51 pm
Forum: Personal Investments
Topic: My first attempt at backdoor Roth IRA
Replies: 3
Views: 627

My first attempt at backdoor Roth IRA

Wife started working second half of last year so we will be over the Roth IRA income limit for 2019. Wife had an old "Rollover IRA" account at Vanguard that she used to rollover an old balance from her previous pre-tax 401k plan which we paid taxes on in 2017 tax year to convert all of it to ROTH. S...
by dacalo
Fri Feb 15, 2019 7:10 pm
Forum: Investing - Theory, News & General
Topic: Did you get spooked by the December 2018 fall and gave up on passive?
Replies: 133
Views: 9190

Re: Did you get spooked by the December 2018 fall and gave up on passive?

Wife and I managed to max out our Roth towards the end of December in lump sum which was great timing in hindsight. No, we weren't trying to time it that way, just got lucky. We just kept buying more and being consistent, nothing changed.
by dacalo
Mon Feb 11, 2019 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 6758

Re: Newlyweds and joint accounts for household expenses

We keep it simple and we just have multiple joint accounts, all considered "household" income. Wife and I both grew up with parents with joint accounts so it's natural for us.
by dacalo
Mon Feb 11, 2019 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Rollover tax reporting question
Replies: 5
Views: 486

Re: HSA Rollover tax reporting question

Did you do a trustee-to-trustee transfer or a 60-day rollover? With a trustee-to-trustee transfer, you sent a form to the receiving HSA custodian, and they handled everything from there. You never got the funds into your possession and you, yourself, never wrote a check to the receiving HSA custodi...
by dacalo
Sun Feb 10, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Rollover tax reporting question
Replies: 5
Views: 486

HSA Rollover tax reporting question

Hello folks, I am working on 2018 tax and we rolled over our HSA from Healthequity to Lively around October. I would assume that we would need to file something similar to 401k rollover but for the life of me I can't find the form number. I've been searching google, TaxAct search and IRS past hour a...
by dacalo
Tue Feb 05, 2019 3:24 pm
Forum: Personal Investments
Topic: Besides your core.. anyone also hold a play account?
Replies: 61
Views: 3699

Re: Besides your core.. anyone also hold a play account?

I have around 1% of my portfolio in individual stocks via M1Finance. They are all in cloud technology/cybersecurity industry and are doing very well. Not sure how much more I am going to fund it though
by dacalo
Tue Jan 29, 2019 8:21 pm
Forum: Personal Investments
Topic: Feedback on current situation
Replies: 9
Views: 783

Re: Feedback on current situation

This is what I would do: -Max out 401k, why? You are young and right now is THE time to let your investments grow and compound. You will thank yourself later when you are in 30's -Max out Roth IRA (looks like you are already doing this) -Pay off that car loan ASAP. Why earn 2.2% when you are paying ...
by dacalo
Sun Jan 20, 2019 8:10 pm
Forum: Personal Investments
Topic: REIT in tax deferral account?
Replies: 11
Views: 677

Re: REIT in tax deferral account?

We have 10% allocated in my 401k plan but none in our taxable.