Search found 59 matches

by dacalo
Tue Dec 04, 2018 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Best online banking accounts?
Replies: 35
Views: 3472

Re: Best online banking accounts?

We use Alliant Credit Union, been with them for ~3 years now.

We still have Fidelity CMA and Ally Savings but we split our cash between Alliant and Vanguard PMM. The reason we moved to Alliant was the ability to deposit cash via ATM which wasn't available through other online only bank services.
by dacalo
Tue Dec 04, 2018 3:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8546
Views: 1671950

Re: U.S. stocks in freefall

dacalo wrote:
Tue Dec 04, 2018 3:15 pm
Yawn, just another day. This will be forgotten just like other significant drops in the long-term. I am 100% equities btw. Wish I can buy more.
by dacalo
Tue Dec 04, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8546
Views: 1671950

Re: U.S. stocks in freefall

Yawn, just another day. This will be forgotten just like other significant drops in the long-term. I am 100% equities btw.
by dacalo
Tue Nov 27, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Savings Goals - Split or one goal at a time
Replies: 22
Views: 924

Re: Savings Goals - Split or one goal at a time

Hi OP - we are in similar situation. We max out our tax advantaged accounts but we don't consider then as "emergency fund" although a few pointed out in this thread that they are available. We are currently trying to save for a new car, build an emergency fund, and also save for a vacation. We also ...
by dacalo
Wed Nov 07, 2018 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: Should I wait to deposit my 401k rollover check from Fidelity?
Replies: 14
Views: 873

Re: Should I wait to deposit my 401k rollover check from Fidelity?

I just rolled over my 401k from previous employer to the new one within past 2 weeks. Yes it was tumultuous but I don't really care looking at the big picture. As others said, it's all about time in the market. So nice that Fidelity has deposit feature via their phone app so I don't have to snail ma...
by dacalo
Fri Oct 26, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about staying the course
Replies: 33
Views: 4174

Re: Nervous about staying the course

Stay the course. The market is being discounted currently so you get to pick up additional shares.
by dacalo
Wed Aug 15, 2018 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement guidance for 38 yr old in Silicon Valley CA
Replies: 13
Views: 2416

Re: Retirement guidance for 38 yr old in Silicon Valley CA

You may be waiting a long time for a housing crash in the bay area. We were fortunate to buy one back in Sept 2017 in San Jose, and it only has gone up 20%. With demand far outpacing supply, even with a country-wide crash I am not sure how much silicon valley area homes will be minimally impacted.
by dacalo
Wed Jul 18, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest 100000?
Replies: 36
Views: 2942

Re: When to invest 100000?

I remember seeing a similar post (this kind of post pops up regularly in the forums I read) a few weeks back or so. During that time frame, I have been regularly investing and have over 4% gain. Of course, the market could have gone down instead, but how would have I known? I don't, so I just invest...
by dacalo
Mon Jul 16, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Big 4 Who Jumped to Industry - Compensation
Replies: 35
Views: 5907

Re: Big 4 Who Jumped to Industry - Compensation

Ex Big-4 here who worked in the Bay Are in audit. Left just before my second year as manager and received over 50% increase in total comp. Much less hours (up to 90 hours vs. 40 hours) with work/life balance, enjoying it very much.
by dacalo
Thu Jul 05, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Career Advice
Replies: 11
Views: 1142

Re: Career Advice

Having 30 min total commute vs 120 min makes a ton of difference in life and is worth a lot, especially with a little kid at home You don't mentioned what your partner does, but little kids and time flexibility is a great boon that eliminates a lot of trouble (like emergency daycare or taking off w...
by dacalo
Thu Jul 05, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Career Advice
Replies: 11
Views: 1142

Re: Career Advice

I can coast in this job, earn my paycheck and save while retaining the flexibility. But a part of me is scared of being stagnant and not learning anything new; this is what made me stay in public accounting for a while. All the jobs I have looked would significantly increase my commute, from curren...
by dacalo
Thu Jul 05, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Career Advice
Replies: 11
Views: 1142

Career Advice

Hello Bogleheads. I know there are many wise minds in this forum so I just want to throw my situation out there. Situation: I am a CPA currently working in accounting/finance as mid-level management. I've paid my dues with over 7 years of public accounting, including 4 years at a big 4. I worked in ...
by dacalo
Sun Jun 24, 2018 11:57 pm
Forum: Investing - Help with Personal Investments
Topic: Stocks vs. rental property
Replies: 101
Views: 11010

Re: Stocks vs. rental property

Just to provide one point of view: We bought our San Jose home back in September. It was listed $770k and we submitted an offer for $850k that was accepted (our's wasn't even the highest). Now it is worth around $960k. There was a home we were interested in downtown area at the time listed around $6...
by dacalo
Thu Apr 26, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: When the market crashes...
Replies: 25
Views: 3932

Re: When the market crashes...

Investing when the prices are "normal" but stopping abruptly when the prices are lower. Think about that, this that make sense? Me? I am buying more. :beer
by dacalo
Wed Feb 28, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: Cell Carrier Switch Advice From AT&T To?
Replies: 9
Views: 618

Re: Cell Carrier Switch Advice From AT&T To?

You have a lot of options. You can go to one of those prepaid services, like Straight Talk and Cricket if you have phones under AT&T. If you have Android phones, look into Google Fi project (doesn't work well with iphone). We are under AT&T as well and as soon as my phone is paid off, we are going t...
by dacalo
Mon Feb 26, 2018 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Credit Cards?? [Credit card vs. debit card]
Replies: 108
Views: 6119

Re: Thoughts on Credit Cards??

I don't use debit cards period. I see no advantage and a number of disadvantages. I put everything I can on the cards because I might as well get the card cash back and enjoy the greater protections. Ditto. The only time I pull it out of the wallet is for occasional ATM cash(gasp!) withdrawals. Yea...
by dacalo
Thu Feb 22, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Do you rent even if you can afford to buy?
Replies: 82
Views: 12299

Re: Do you rent even if you can afford to buy?

We rented past 5 years and bought a home 4 months ago and we love it. We were home owners before renting but due to the cost of living here, we had to rent for a while. No more noisy neighbors upstairs and no more worrying about rising rent every year. It gives us a peace of mind that this is our pl...
by dacalo
Thu Feb 22, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Young Investor: Investing In A Bear Market
Replies: 29
Views: 3251

Re: Young Investor: Investing In A Bear Market

I however am getting fairly nervous about the way the market is looking and get the feeling that the recent correction is only the start of the troubles for the rest of this year. I am in my late 30's and I don't know about you, but I would rather invest in a bear market than a bull market. Purchas...
by dacalo
Tue Feb 13, 2018 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 14124

Re: Did you learn anything from the market correction?

I learned that I don't give s*** about these movements and I slept well at night despite being 100% equity. Staying the course with my AA. If it falls 40%? I still wouldn't care and buy more.
by dacalo
Tue Jan 30, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Weighing pros and cons of potential job opportunity
Replies: 9
Views: 854

Re: Weighing pros and cons of potential job opportunity

Where do you live? Would your commute be by car? We would never hire anyone commuting an hour or more (I recruit in the Bay Area) because that commute will absolutely wear you down NO MATTER WHAT YOU SAY OR THINK . How about you negotiate in a WFH agreement for say something like Monday and Friday ...
by dacalo
Mon Jan 29, 2018 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Weighing pros and cons of potential job opportunity
Replies: 9
Views: 854

Weighing pros and cons of potential job opportunity

Looking for some feedback from more experienced members of the forum. A brief background, I am 37 and work in the Silicon Valley as Finance/Corp Accounting professional (CPA). I was presented with an opportunity from my ex-boss: Current Company - Company has limited growth potential - Flexible hours...
by dacalo
Fri Jan 26, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: 50% of my portfolio in FANG - 15% in NVDA
Replies: 64
Views: 7742

Re: 50% of my portfolio in FANG - 15% in NVDA

Have you seen Nvidia's new building in Santa Clara? It looks like an alien spaceship landed in Silicon Valley. https://www.google.com/maps/place/NVIDIA+Endeavor,+Santa+Clara,+CA+95051/@37.3706498,-121.96927,841m/data=!3m2!1e3!4b1!4m5!3m4!1s0x808fca21077d6039:0x85ea9b0fee57034e!8m2!3d37.3708002!4d-1...
by dacalo
Thu Oct 05, 2017 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Pension Now (Age 36) or Later (Age 65)?
Replies: 45
Views: 4390

Re: Pension Now (Age 36) or Later (Age 65)?

I am guessing you got notified from EY. I decided to take the lump sum now and dump it into 401k. There are too many uncertainties and I want control over the funds.
by dacalo
Wed Aug 23, 2017 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for a house around San Jose, CA
Replies: 36
Views: 4765

Re: Looking for a house around San Jose, CA

OP, so this "bidding" is a one shot thing not an eBay auction. Some one may bid tens of thousands more than the second highest bid. That is totally unheard of in New Jersey. How long has this bidding been going on? SJ market declined in 2011 but has been hot hot since and it has been super hot hot ...
by dacalo
Wed Aug 23, 2017 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for a house around San Jose, CA
Replies: 36
Views: 4765

Re: Looking for a house around San Jose, CA

Have you considered Morgan Hill or even Gilroy? I'm just throwing that out there cause it seems like you work around the Santa Clara area, so maybe can take CalTrain? Some parts of San Jose (East SJ included) just require some really long and weird commutes. I just read an article about some lady a...
by dacalo
Wed Aug 23, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for a house around San Jose, CA
Replies: 36
Views: 4765

Re: Looking for a house around San Jose, CA

We bought our first home in Cupertino 35 years ago so we haven't had to deal with this insanity. All three of our children live in the Bay Area so we have no reason to consider moving. At the risk of highjacking dacalo's thread, why isn't there more consideration by you all of relocating elsewhere?...
by dacalo
Wed Aug 23, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for a house around San Jose, CA
Replies: 36
Views: 4765

Re: Looking for a house around San Jose, CA

Thank you everyone for your valuable feedback. Just want to provide a quick update for those interested in the RE market in the San Jose area. In July - we bid for a SFH near Japantown. 3/2, under 1400 sq.ft. but the lot is around 6500 sq.ft. Listed $699k, we put in offer for $765k. Sold to cash buy...
by dacalo
Mon Jul 17, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for a house around San Jose, CA
Replies: 36
Views: 4765

Looking for a house around San Jose, CA

I am originally from Sacramento and have been living in Santa Clara past 5 years. I am still not used to the housing market here; wife and I owned a 1450 sq. ft. brand new home in Sacramento but we had to downsize to 1BD 1BR apartment when we moved down here, paying 2.5X monthly of what we used to p...
by dacalo
Mon Jun 12, 2017 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 50914

Re: Regret early retirement/downsizing

I may be a little out of the norm here, but as a thirty year old who was always told (by parents growing up and then by wife after marriage) that I cannot play so much video games, I cannot possibly imagine being bored after retirement....I will finally have all the time in the world to play all th...
by dacalo
Sat Jun 10, 2017 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank - Is this a safe/best place to stash some cash?
Replies: 108
Views: 33396

Re: Ally Bank - Is this a safe/best place to stash some cash?

We use Ally as our ONLY bank. Only issue is depositing cash, can only do it via getting a money order and mailing it in. I use the e-deposit on my phone about once a week, no issues at all. Really like the convenience of e-check and of using any ATM. Much better rates, convenience and service than ...
by dacalo
Thu May 25, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund too large
Replies: 31
Views: 6871

Re: Emergency Fund to large

I am a long time lurker here, and I have read countless threads in the past about "all-at-once" fear. Although smaller in comparison, I have been dropping $10k here and $15K there on top of my routine contribution to my taxable account ignoring the market. They are all green in gain position. If you...
by dacalo
Wed May 24, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Emergency Fund
Replies: 33
Views: 5554

Re: Investing Emergency Fund

Some people may frown at this but we have our EF in saving account, tax exempt muni, and Wellesley.
by dacalo
Fri May 19, 2017 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 4540

Re: I am a huge believer in Passive Indexing.. but.....

I am not sure what kind of consulting you are doing but when I worked in a Big 4 audit firm we had strict policy that we cannot purchase stocks of customers we serve. They did random audits of our portfolio too.
by dacalo
Thu Mar 02, 2017 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 752
Views: 220630

Re: Share your net worth progression

What an interesting thread. At age 37, wife (31) and I just hit $200k with one income (she is going to school) and with a 10 week year old. Although my income is relatively high, we live in the Silicon Valley which is a VHCOL area. We are renting at the moment but it's a good chunk of my salary, whi...
by dacalo
Tue Feb 28, 2017 12:28 am
Forum: Investing - Help with Personal Investments
Topic: Not really sure how to invest portion of Emergency Fund
Replies: 9
Views: 984

Re: Not really sure how to invest portion of Emergency Fund

Some may shake their heads at me but I have most of mine in Wellesley. It's been doing really well.
by dacalo
Mon Feb 27, 2017 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Should we wait before buying in?
Replies: 52
Views: 6221

Re: Should we wait before buying in?

To give you a perspective, I just invested $180k of investments (all in) 3 weeks ago or so and already up a few thousand. At the time, the stock was all time high. I don't really care since the money was invested according to my allocation comfort and it's for long term.
by dacalo
Fri Feb 24, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Best high-interest checking/savings account?
Replies: 15
Views: 3696

Re: Best high-interest checking/savings account?

I am a fan of Alliant Credit Union, it's our main bank account. It has 1% savings rate, ATM fee reimbursement, and I can actually deposit cash in ATM's in its network.
by dacalo
Fri Feb 24, 2017 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Just beginning: $40k to open taxable and IRA accounts
Replies: 21
Views: 2206

Re: Just beginning: $40k to open taxable and IRA accounts

Right, our employers do not even have retirement accounts. Even if I max out contributions for Roth IRAs 2016 and 2017 ($5,500 x 2 years x 2 accounts = $22,000), that would still leave us with $18,000. (Also does it sound like we should aim to do something differently with this cash-value life/reti...
by dacalo
Fri Feb 24, 2017 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 14682

Re: risk of my Tesla deposit

Maybe I don't understand the logic here. If you are afraid of losing your $1,000 deposit, why are you not afraid of Tesla going under after you purchase a $30,000 car?
by dacalo
Thu Feb 23, 2017 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Just beginning: $40k to open taxable and IRA accounts
Replies: 21
Views: 2206

Re: Just beginning: $40k to open taxable and IRA accounts

Put everything you want to save toward retirement in tax advantaged accounts before turning to taxable. You mention your workplaces do not contribute to 401k accounts. Does this mean that they do not have them at all, or just that you wouldn't get a match? I would not recommend 529s for anyone who ...
by dacalo
Wed Feb 22, 2017 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct still not importing stock data
Replies: 32
Views: 6124

Re: TaxAct still not importing stock data

shark1 wrote:Just checked it today and it's working! About time!
Yup, I just tried and it's working now, woohoo!
by dacalo
Tue Feb 21, 2017 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Is 60/40 too conservative for 31 year old?
Replies: 69
Views: 9788

Re: Is 60/40 too conservative for 31 year old?

Venerable VBIAX Vanguard Balanced Index Fund Admiral Shares is that exact allocation, you are absolutely fine. :beer
by dacalo
Tue Feb 21, 2017 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct still not importing stock data
Replies: 32
Views: 6124

Re: TaxAct still not importing stock data

Here is the response from TaxAct when I reached out to their support online, so maybe later this month? Dear TaxAct® Customer, The stock import function is currently undergoing enhancement modifications and is not available. At this time we do not have a specific date of release. We anticipate the f...
by dacalo
Fri Feb 17, 2017 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct still not importing stock data
Replies: 32
Views: 6124

Re: TaxAct still not importing stock data

Definitely frustrating. I am all done except all the buying and selling done by tax loss harvesting by Betterment from a closed account and I need to use the CSV import. The volume is such that it would take forever for me to key them in myself. As of today, CSV importing feature still does not work.
by dacalo
Tue Feb 14, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Closed my Roth IRA due to political uncertainty - mistake???
Replies: 102
Views: 8088

Re: Closed my Roth IRA due to political uncertainty - mistake???

I think I saw a post a while back that, with every passing year, the risk of having a negative return significantly reduces, especially after 15 years or so. Given that we are talking about Roth IRA, yes you made a mistake. I would assume that due to the nature of the account, you are not planning t...
by dacalo
Thu Feb 02, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: someone talk me out of using betterment or wealthfront as a "checking account"
Replies: 12
Views: 2410

Re: someone talk me out of using betterment or wealthfront as a "checking account"

I very specifically said it was NOT the "keeping the lights on money" ;-) If it's in a brokerage account, I need to actively manage it, which means buying and selling things periodically (which is the entire reason I'm willing to give betterment money to do that part). I'd either have to take the a...
by dacalo
Wed Jan 25, 2017 6:58 pm
Forum: Investing - Theory, News & General
Topic: Dow hits 20,000. What next? Share your strategy
Replies: 107
Views: 11180

Re: Dow hits 20,000. What next? Share your strategy

20,000 is just a number. It may be meaningful psychologically but it means nothing to me in the long-term. Staying the course. :beer
by dacalo
Mon Jan 23, 2017 3:39 am
Forum: Personal Finance (Not Investing)
Topic: Expense tracking app
Replies: 5
Views: 972

Re: Expense tracking app

Goinganontoday wrote:I use YNAB (You Need A Budget). There's a newer version that requires a monthly subscription, but I have an older version that was a one time cost and works great.
This is what we use as well (the old version).
by dacalo
Tue Jan 10, 2017 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Best use of HSA funds
Replies: 21
Views: 3598

Re: Best use of HSA funds

My plan (HealthEquity) allows setting a limit so that any amount above that amount gets invested in my designated funds. I have this limit at $3k so that I can use that for any foreseen/routine medical costs and any money sitting beyond that limit will be invested.