Search found 1959 matches

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: 10
Views: 1440

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: 726

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: 27
Views: 2236

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: 160
Views: 13151

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: 4467

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: 12294
Views: 2099578

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: 12294
Views: 2099578

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: 12892

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: 3955

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: 951

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: 1147

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: 4147

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: 7317

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: 4096
Views: 771123

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: 7317

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: 8814

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: 28717

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: 13050

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: 1726

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: 6182

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: 493
Views: 25997

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: 4961

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.
by WhiteMaxima
Tue Sep 17, 2019 12:12 pm
Forum: Personal Consumer Issues
Topic: Grand Canyon and More In October
Replies: 35
Views: 2546

Re: Grand Canyon and More In October

Go to Monument Valley, stay in tribe park , horse ride.
Then go to Moab. Stay in town. Go to Arches NP, Dead horse SP, Canyon Land NP.
by WhiteMaxima
Tue Sep 17, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 493
Views: 25997

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

People live in Bay area with 115K with 50% saved. Sounds too good to be true. Even if OP pay decent price for the housing. There are other expense that is very expensive in SF: services (plumbers, garbage disposal, child activities cost, etc). OP is barely makes end meet with. if there is a inflatio...
by WhiteMaxima
Mon Sep 16, 2019 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 493
Views: 25997

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

Op's pension is backed by school district property tax which is much more solid than private company and even the SS fund.
by WhiteMaxima
Mon Sep 16, 2019 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 493
Views: 25997

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

Op had maximized pre-tax retirement and got generous pension. Not all companies offer non-qualified pre-tax plan in addition to traditional 401k plan. Teachers often work for 10 months a year which is another benefit. OP also bought the house at the peak of last big recession. To the regular folks h...
by WhiteMaxima
Fri Sep 13, 2019 10:55 am
Forum: Investing - Theory, News & General
Topic: Attention retirement savers: college 529 plans aren't just for kids
Replies: 34
Views: 5994

Re: Attention retirement savers: college 529 plans aren't just for kids

Yes. You can use 529 as retirement fund. Enroll in an EU university that on 529 approved list. Tuition is almost free. Room & Board is covered by 529. Enroll in cheap student healthcare plan. Withdraw 529 tax free.
by WhiteMaxima
Wed Sep 11, 2019 5:21 pm
Forum: Personal Consumer Issues
Topic: Calling all iPhone SE Bogleheads
Replies: 61
Views: 4478

Re: Calling all iPhone SE Bogleheads

Got a Rose Gold iPhone SE. :happy :happy :happy
by WhiteMaxima
Wed Sep 11, 2019 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: When do you start gifting the max to your family members? When is enough NW totally enough?
Replies: 80
Views: 9355

Re: When do you start gifting the max to your family members? When is enough NW totally enough?

I start gift to my family from my 1st paycheck. Instead to gift my children $$$$ to buy expensive car or vacation. I put every gift $ into 529 plan. This would only be used for high education for future generation tax free.
by WhiteMaxima
Wed Sep 11, 2019 12:36 pm
Forum: Personal Consumer Issues
Topic: How old is your cellphone?
Replies: 168
Views: 8669

Re: How old is your cellphone?

A rose gold pocket size iPhone SE. It can stand on 4 edges and still have a earphone jack.
by WhiteMaxima
Wed Sep 11, 2019 12:23 pm
Forum: Personal Consumer Issues
Topic: Help With New Car Purchase - Macan S versus...
Replies: 57
Views: 4926

Re: Help With New Car Purchase - Macan S versus...

Don't rule our Lexus RX350 and Acura MDX. German car parts and labor are not very BH. Lexus can be serviced at any Toyota dealer using Toyota parts.
by WhiteMaxima
Tue Sep 10, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: Rich people are hoarding cash
Replies: 101
Views: 15527

Re: Rich people are hoarding cash

When measure wealth, you have to use gold standard :sharebeer
40 years ago when gold was 35USD/oz, 1 mil USD = 28571 oz of gold
today gold is 1500USD/oz, you will need 28571x1500=42 mil USD to be qualified as a true millionaire.
If so, I guess 99% of all BHs are fake millionaires.
by WhiteMaxima
Tue Sep 03, 2019 12:42 pm
Forum: Investing - Theory, News & General
Topic: Does having children hurt net worth?
Replies: 47
Views: 1948

Re: Does having children hurt net worth?

Net worth is defined as the value of all current assets minus outstanding liabilities. Technically speaking, having a child is an 18 year long contract to pay an overall average of $233,610 divided into regular installments over the 18 years. Mathematically speaking, it's the same as any other liab...
by WhiteMaxima
Fri Aug 30, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 9517

Re: The cost to talk to a doctor

DanMahowny wrote:
Sun Aug 25, 2019 6:39 pm
$150 to talk with a doctor is not absurd, at all.

However, when I feel the need to speak to a doctor, I use google instead. If deeper study is necessary, I read a book.
It's absurd for $150. Call India doctor for $10/hr. Int'l call is as 1c/min. I think US doctor expense is outrages.
by WhiteMaxima
Thu Aug 29, 2019 11:42 am
Forum: Investing - Theory, News & General
Topic: Is now still a good time to buy VTSAX?
Replies: 45
Views: 3570

Re: Is now still a good time to buy VTSAX?

If you rebalance your folio, you are either buying or selling VTSAX. Not big deal. VTSAX now yield more than 10 year T-bill which only pays 1.48%. In EU, yield is already negavive. So 1.48% is still better negative.
by WhiteMaxima
Thu Aug 29, 2019 11:01 am
Forum: Investing - Theory, News & General
Topic: Is now still a good time to buy VTSAX?
Replies: 45
Views: 3570

Re: Is now still a good time to buy VTSAX?

If you have 5 year or more investment horizon, it is always good time to buy. However, if you have less year, just buy balanced index with 60/40 AA and you will have smooth ride.
by WhiteMaxima
Wed Aug 28, 2019 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4096
Views: 771123

Re: What's Your Credit Card Rewards Strategy?

Chase Reserve ($150 fee after $300 travel credit), 4.5% travel reward (3% x 1.5 using their travel portal), Airport lounge entry, global entry fee covered, primary rental car insurance, emergency travel medical coverage. Fidelity 529 Visa, flat 2% reward Costco CityBank Visa (4% on gas, 3% on eating...
by WhiteMaxima
Wed Aug 28, 2019 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Should I purchase a $30k car?
Replies: 112
Views: 7662

Re: Should I purchase a $30k car?

Life is too short. If you like your BMW, buy it out. Ask if you could buy additional warranty just in case for costly repair. Otherwise, enjoy your ultimate driving machine. Toyota, honda can't match BMW driving dynamics.
by WhiteMaxima
Wed Aug 28, 2019 1:20 pm
Forum: Personal Consumer Issues
Topic: Acura RDX vs Audi Q5
Replies: 93
Views: 8550

Re: Acura RDX vs Audi Q5

Audi Quattro is all time Torson AWD. Acura has another good AWD system. They are equally good in my point of view. Not anymore for Audi. The new system, which Audi calls Quattro with Ultra technology, decouples the rear axle when it’s not needed which is probably most of the time. Good for MPG and ...
by WhiteMaxima
Wed Aug 28, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Should I purchase a $30k car?
Replies: 112
Views: 7662

Re: Should I purchase a $30k car?

Ignore the posters on this form who claim that BMW is horrible to maintain and unreliable. Yep, do your own research... https://repairpal.com/reliability/bmw https://repairpal.com/reliability/lexus Lexus is just a piece of junk front wheel drive Toyota with leather seats. Sure it’s more reliable th...
by WhiteMaxima
Fri Aug 23, 2019 11:57 am
Forum: Personal Consumer Issues
Topic: LG oled C9 or LGSk8000 for now
Replies: 17
Views: 956

Re: LG oled C9 or LGSk8000 for now

It is worth to wait until Oled TV drop below 1k. I won't buy LED TV. I am still holding my Pioneer 60" Kuro 1080p plasma with has better picture quality than any LED TV. I will replace it with a 75" OLED when LG drop the price under 1.5K USD and it will happen 2-3 years from now when the QLED 4k is ...
by WhiteMaxima
Fri Aug 23, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Should I skip scheduled car maintenance?
Replies: 26
Views: 1881

Re: Should I skip scheduled car maintenance?

If you want your Lexus last forever, don't skip the 5000 miles preventive schedule even if 10000 mile is fine. You can save money by doing these at a Toyota dealer. Lexus is 100% Toyota. You could save 10-20% by doing these at Toyota dealer. You could also check with Both Lexus and Toyota service sp...
by WhiteMaxima
Tue Aug 20, 2019 1:14 pm
Forum: Personal Investments
Topic: 7 years till child attends college...
Replies: 32
Views: 2053

Re: 7 years till child attends college...

7 years is too short to get meaningful gain form stock market and also very risky to loose principles. One things could do now is to pay down mortgage and use home equity when your kid in college. that's a 4% real return and almost zero risk. Also home equity will not affect your kid to receive fina...
by WhiteMaxima
Tue Aug 20, 2019 11:58 am
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 183
Views: 19136

Re: Do you buy new or used cars?

I would buy used luxury car for two reasons: 1) new car fume pollution, I don't like the cancer causing new car smell; 2) value.
by WhiteMaxima
Tue Aug 20, 2019 11:42 am
Forum: Personal Investments
Topic: 7 years till child attends college...
Replies: 32
Views: 2053

Re: 7 years till child attends college...

Do 529 if you can afford. Not only it pays college tuition, it can is a estate planning tool. Don't invest it too aggressively, put it into a low fee balanced fund.
by WhiteMaxima
Tue Aug 13, 2019 1:48 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio bullish on China (China market cap to overtake US in 2030?)
Replies: 58
Views: 5291

Re: Ray Dalio bullish on China (China market cap to overtake US in 2030?)

Conflict of interest. What's the conflict of interest? Did you go around posting "conflict of interest" every time John Bogle talked about investing in index funds? Isn't it better to just discuss something on its merits? By opening Chinese equity. BW will take more investment and make him rich. Ch...