Search found 1984 matches

by WhiteMaxima
Wed Nov 20, 2019 7:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard’s chief economist says [elevated risk of stock drawdowns]
Replies: 42
Views: 4118

Re: Vanguard’s chief economist says [elevated risk of stock drawdowns]

Anytime could happen tomorrow. Turn off the radio. Fire that vanguard chief economist. Have a diversified AA, pay no attention to daily tweeter, enjoy the ride.
by WhiteMaxima
Wed Nov 20, 2019 6:49 pm
Forum: Investing - Theory, News & General
Topic: What Powered Such a Great Decade For Stocks?
Replies: 25
Views: 2095

Re: What Powered Such a Great Decade For Stocks?

Globalization, techonoledge advancement ,cheap borrowing and debt.
by WhiteMaxima
Wed Nov 20, 2019 6:42 pm
Forum: Personal Investments
Topic: Which 529 Plan?
Replies: 10
Views: 687

Re: Which 529 Plan?

Utah
NY
Ohio
Michigan

I start invest when I 1st child was born. And will mega invest as estate planning vehicle for future generation educational fund.
by WhiteMaxima
Wed Nov 20, 2019 12:45 pm
Forum: Personal Consumer Issues
Topic: Year in Europe (location advice)
Replies: 30
Views: 1559

Re: Year in Europe (location advice)

istanbul. it is a euroasia capital. use to be called est roma capital constantinnople. deep in history and culture. food is amazing. very affordable. 4 hr drive to turkey agean sea coast. very safe. people are very warm. I agree Istanbul is a wonderful city. But "very safe"? Not exactly. https://en...
by WhiteMaxima
Wed Nov 20, 2019 12:18 pm
Forum: Personal Consumer Issues
Topic: Year in Europe (location advice)
Replies: 30
Views: 1559

Re: Year in Europe (location advice)

istanbul. it is a euroasia capital. use to be called est roma capital constantinnople. deep in history and culture. food is amazing. very affordable. 4 hr drive to turkey agean sea coast. very safe. people are very warm.
by WhiteMaxima
Wed Nov 20, 2019 12:00 pm
Forum: Personal Investments
Topic: 529 in S&P fund, child senior in HS
Replies: 18
Views: 911

Re: 529 in S&P fund, child senior in HS

Too risky. Move 50% into FDIC insured fund. rest in a diversified index.
by WhiteMaxima
Wed Nov 20, 2019 11:40 am
Forum: Personal Investments
Topic: S&P 500 Index vs Total Stock Market Index
Replies: 20
Views: 2674

Re: S&P 500 Index vs Total Stock Market Index

The two fund should perform very similar since both are head heavy and overlap.
by WhiteMaxima
Tue Nov 19, 2019 6:20 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 229
Views: 14778

Re: Toughest Purchase of my Life. Engagement Ring time

Setup a budget, don't exceed it. Shop at Costco.com and select your ring.
by WhiteMaxima
Tue Nov 19, 2019 4:45 pm
Forum: Personal Consumer Issues
Topic: What to replace my 2010 Q5 with
Replies: 37
Views: 1766

Re: What to replace my 2010 Q5 with

Lexus RX350 or Toyota 4Runner if your off-road.
by WhiteMaxima
Fri Nov 15, 2019 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: California Divorce, Our Son
Replies: 28
Views: 4061

Re: California Divorce, Our Son

Money loss.
by WhiteMaxima
Fri Nov 15, 2019 12:28 pm
Forum: Personal Consumer Issues
Topic: Network Streamer Suggestions
Replies: 11
Views: 506

Re: Network Streamer Suggestions

Tidal HiFi or Qubuz Studio if your receiver has USB DAC. Make sure you have a good DAC capable of 192k/24bit for HiFi music. I have an Oppo105D universal CD/SACD/DAC player. It has a build in Tidal App. I can use IPad, Iphone to link and browse Tidal music library. I believe the new Apple TV gen 4 b...
by WhiteMaxima
Wed Nov 13, 2019 7:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1993
Views: 208642

Re: U.S. stocks continue to soar!

very much like before Y2K .com bubble bust. I would do 50/50 AA or no more than 60/40. not to get too greedy. I am curious why you say that? I admit, I am not seeing that from where I sit, but I try to give consideration to the alternate case. In my view, Y2K was accompanied by wild euphoria and ma...
by WhiteMaxima
Wed Nov 13, 2019 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Forgotten Expenses in Retirement--Travel
Replies: 32
Views: 2634

Re: Forgotten Expenses in Retirement--Travel

I will travel around around when I was young. Don't wait till retirement. When I was young I could travel more economically: stay in hostel, fly economy class, ride bike in the city, jumping from one train to another quick and more tolerate to street food without worry about heath problems. When I r...
by WhiteMaxima
Wed Nov 13, 2019 2:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1993
Views: 208642

Re: U.S. stocks continue to soar!

very much like before Y2K .com bubble bust. I would do 50/50 AA or no more than 60/40. not to get too greedy.
by WhiteMaxima
Wed Nov 13, 2019 2:52 pm
Forum: Personal Investments
Topic: Spend It All vs. Leave $$ for the Kids
Replies: 192
Views: 14905

Re: Spend It All vs. Leave $$ for the Kids

I would mage save what's left into 529 for my heirs. No inherit for fancy vacation, luxury cars, big house. They have to work hard to earn these. Education fund is the only gift to them.
by WhiteMaxima
Wed Nov 13, 2019 2:35 pm
Forum: Personal Consumer Issues
Topic: Apple TV vs Competitors
Replies: 31
Views: 2488

Re: Apple TV vs Competitors

Apple Eco system, easy and intuitive hardware. ATV2 has optical audio out but only 2K video, ATV3 has 4K video and HDMI for audio out. 99.9% of of the features are the same as competitors. Price a little higher. Video quality a little better in my perspective. You can get ATV3 on sale for around $120.
by WhiteMaxima
Tue Nov 12, 2019 3:31 pm
Forum: Personal Investments
Topic: Buy some VYM [Vanguard High Dividend Yield]?
Replies: 31
Views: 2974

Re: Buy some VYM?

in a tax deferred account, preferable Roth:Yes.
by WhiteMaxima
Mon Nov 11, 2019 6:54 pm
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 174
Views: 11815

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

sound like a good plan.
by WhiteMaxima
Thu Oct 24, 2019 12:39 pm
Forum: Personal Consumer Issues
Topic: How to get quicker hot water
Replies: 45
Views: 2495

Re: How to get quicker hot water

I turn on hot water when I brush my teeth. There is always cold water in the pipe. When I finish brushing. The water become warm for shower. To saving water, you can collect used water to flush toilet if you are BH.
by WhiteMaxima
Wed Oct 23, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Do you plan to actually spend down your portfolio?
Replies: 104
Views: 9768

Re: Do you plan to actually spend down your portfolio?

Only if you have a business to be inherited and your heirs are good business managers. There are two must. Even business could be run down.
by WhiteMaxima
Wed Oct 23, 2019 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do you plan to actually spend down your portfolio?
Replies: 104
Views: 9768

Re: Do you plan to actually spend down your portfolio?

I will plan to spend down all my retirement saiving while saving 529 for my heirs. No inherit for fancy cars and luxury vacation. Money has to be earned not to be inherited.
by WhiteMaxima
Wed Oct 23, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do you plan to actually spend down your portfolio?
Replies: 104
Views: 9768

Re: Do you plan to actually spend down your portfolio?

Many retirement calculators or rules usually assume that a retiree will spend down their money at end of the presumed life. A success is that you have more than zero dollar at the end of your modeling years, be it 30 years or 40 years. Yet we see here again and again statements (from retirees) like...
by WhiteMaxima
Mon Oct 21, 2019 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Pay off Mortgage Before Retiring vs. Taxable Investing
Replies: 38
Views: 3593

Re: Pay off Mortgage Before Retiring vs. Taxable Investing

That depends. if your aft-tax return > mortgage rate, then I would invest in aft-tax account 1st. Start rollover 401k into roth ira ($24000) and pay zero tax, use aft-tax dividend for living expense (many dividend rate 4-5%> mortgage rate of3.5%).
by WhiteMaxima
Tue Oct 15, 2019 3:54 pm
Forum: Investing - Theory, News & General
Topic: Bank of America declares 'the end of the 60-40' standard portfolio
Replies: 88
Views: 15223

Re: Bank of America declares 'the end of the 60-40' standard portfolio

In a bull market and in a low yield environment, it is true that many dividend paying stock serves like bond (T, MO, etc). Bond yield is so low, however, AAA bond preserve principle. In a bear market, stock investor could lose principle, dividend could get cut. Bond principle is preserved if you hol...
by WhiteMaxima
Tue Oct 15, 2019 10:26 am
Forum: Personal Investments
Topic: 529 funding strategy/ inlaw debt management
Replies: 16
Views: 852

Re: 529 funding strategy/ inlaw debt management

Talk to your IW, pay off their CC debt, cut their credit card, let them pay you back by invest in 529 DCA. I don't believe lump sum now, too much market risk. DCA in to 100% equity. stop funding when it reach 120k. Done.
by WhiteMaxima
Fri Oct 11, 2019 11:41 am
Forum: Investing - Theory, News & General
Topic: 529 and FIRE
Replies: 29
Views: 3244

Re: 529 and FIRE

529 is an estate transfer vehicle. It is tax free for your future generations. If you and your wife live in a modest life (big house, luxury vehicle, expensive vacation), then you should have a lot savings. then 529 is a perfect tool to save. No tax, no RMD. It is a scholarship fund for your childre...
by WhiteMaxima
Wed Oct 09, 2019 1:31 pm
Forum: Investing - Theory, News & General
Topic: John Bogle’s formula says 1% real stock returns likely over next decade
Replies: 187
Views: 19964

Re: John Bogle’s formula says 1% real stock returns likely over next decade

Yes, it is very like this: market down 30% from current level. Then up 4% in real term in next decade. So it is a 1% real return YOY avg in next decade.
by WhiteMaxima
Mon Oct 07, 2019 5:51 pm
Forum: Personal Investments
Topic: All in on VT?
Replies: 30
Views: 4745

Re: All in on VT?

seems like an idiot but it works.
by WhiteMaxima
Wed Oct 02, 2019 3:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12344
Views: 2132054

Re: U.S. stocks in free fall

Folks, I am hoping for a bigger market drop before the end of the year. That would give me a great opportunity to do some Tax Loss Harvesting. KlangFool I am hoping market changed only according to inflation forward and pay me dividend at 4% based on 4% withdraw rate. WhiteMaxima, Your hope will ne...
by WhiteMaxima
Wed Oct 02, 2019 3:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12344
Views: 2132054

Re: U.S. stocks in free fall

KlangFool wrote:
Wed Oct 02, 2019 2:52 pm
Folks,

I am hoping for a bigger market drop before the end of the year. That would give me a great opportunity to do some Tax Loss Harvesting.

KlangFool
I am hoping market changed only according to inflation forward and pay me dividend at 4% based on 4% withdraw rate.
by WhiteMaxima
Wed Oct 02, 2019 3:07 pm
Forum: Personal Investments
Topic: I pulled out... How do I get back in?
Replies: 100
Views: 13496

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

I have all my IRA in MM. Suggestions for getting back in the market? ETFs? Why did i pull out? I wanted to hedge some market downside, anticipating a 5% drop with the global uncertainty, knowing i could miss a 5% upside I didn't pull out of the taxable assets due to tax issues, Silly me, pulled out...
by WhiteMaxima
Tue Oct 01, 2019 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Business - How much to expect, what is the process
Replies: 59
Views: 4235

Re: Selling Business - How much to expect, what is the process

PE? PB? Price to Revenue? Growth potential? How difficulty for new owner to see the business? All these will considered when selling a business. If your business is good, why are you selling it? Potential buyer will ask these questions. Your business should be no expensive than open market equities....
by WhiteMaxima
Mon Sep 30, 2019 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Roth 401k or 401k: diversify tax risk or hit SS limits
Replies: 14
Views: 1037

Re: Roth 401k or 401k: diversify tax risk or hit SS limits

Once you are past the second "bent point" for SS, each dollar you pay to SS gives a very marginal benefit. I don't think I would let that be a factor in your decision. I "hedge" because my employer has the so-called mega backdoor Roth (after tax 401(k) contributions which can be rolled over to a Ro...
by WhiteMaxima
Mon Sep 30, 2019 10:44 am
Forum: Investing - Theory, News & General
Topic: 80/20 vs 100% stocks, Long Term Treasuries, Can I get a primer?
Replies: 11
Views: 1248

Re: 80/20 vs 100% stocks, Long Term Treasuries, Can I get a primer?

80/20 will perform very similar to 100% but with less volatility. You also have 20% pool of fix income to rebalance into stock. So 80/20 would be an ideal choice.
by WhiteMaxima
Mon Sep 30, 2019 10:29 am
Forum: Personal Consumer Issues
Topic: Mouse in the house
Replies: 46
Views: 4436

Re: Mouse in the house

You need a cat.
by WhiteMaxima
Fri Sep 27, 2019 1:31 pm
Forum: Personal Consumer Issues
Topic: First car for child
Replies: 129
Views: 8152

Re: First car for child

I bought a used low mileage 2008 Mazda 3 hatch back (based on Ford Focus C platform). Good driving dynamics and reliability.
by WhiteMaxima
Fri Sep 27, 2019 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4141
Views: 796578

Re: What's Your Credit Card Rewards Strategy?

I am very satisfied with my current reward card. New credit card will damage my FICO score and affect my future mortgage refin rate. let same I want to refin 400K. a 0.25% penalty will cost me 400,000x0.025% $1000 a year for 30 years. No new reward card game for me. I already got 2% Fidelity card, 4...
by WhiteMaxima
Fri Sep 27, 2019 10:57 am
Forum: Personal Consumer Issues
Topic: First car for child
Replies: 129
Views: 8152

Re: First car for child

I bought a used low mileage 2008 Mazda 3 hatch back (based on Ford Focus C platform). Good driving dynamics and reliability.
by WhiteMaxima
Fri Sep 27, 2019 10:24 am
Forum: Personal Consumer Issues
Topic: Beyond Meat Burger? Do you like?
Replies: 119
Views: 9512

Re: Beyond Meat Burger? Do you like?

I eat either meat burger or tofu. No fake meat tofu or tofu burger. I use pork or ox bone to make soup to add meat flavor. Then add fried tofu as my main protein source.
by WhiteMaxima
Thu Sep 26, 2019 12:16 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 246
Views: 29881

Re: What is your AA, given your age? and, Why?

Age 40s
AA 50/20/10/10 (US/Intl/BOND/Cash&Gold)
by WhiteMaxima
Wed Sep 25, 2019 10:59 am
Forum: Personal Investments
Topic: Currently invested in 100% stock
Replies: 130
Views: 14035

Re: Currently invested in 100% stock

You could if you turn off all the TV and Radio and throw you monthly statement into trash can. When you turn 70.5, open the statement and figure out what's your RMD. Very few people can do that.
by WhiteMaxima
Fri Sep 20, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Fight with my insurance company for rear-end collision?
Replies: 24
Views: 1820

Re: Fight with my insurance company for rear-end collision?

You are rear end vehicle in front of you. No matter if the front is on the phone and green light. If you kept safe distance when driving, you wouldn't rear end the car. The guy should get a ticket for phoning while driving. You could also get a ticket for not keep safe distance which cause that acci...
by WhiteMaxima
Wed Sep 18, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Tax avoidance and estate planning ‘for the rich’?
Replies: 61
Views: 6591

Re: Tax avoidance and estate planning ‘for the rich’?

Establish your family own private foundation.
by WhiteMaxima
Wed Sep 18, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 508
Views: 30201

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

Our Assets: •$50k in checking accounts earning 4% at Orion Credit Union •Mid-six figures in retirement accounts, including $250k in Roth IRAs •Townhome valued around $825k with a mortgage balance of $354k. •Two relatively new Toyota Corollas that were purchased with cash Our Monthly Expenses: Mortga...
by WhiteMaxima
Wed Sep 18, 2019 11:28 am
Forum: Personal Consumer Issues
Topic: $2k repairs on $12K car
Replies: 81
Views: 5309

Re: $2k repairs on $12K car

2K cost covers all wearable items. Even if you bought a new car, you will still need to spending money to do these. It is cheaper to keep an old car than new one.