Search found 991 matches

by WhiteMaxima
Tue May 22, 2018 12:06 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350, Audi Q5, or Volvo XC 60
Replies: 93
Views: 5680

Re: Lexus RX 350, Audi Q5, or Volvo XC 60

I would wait couple of years until all the bugs fixed and long term reliability data come out. For Civic, there is still non-turbo 2.0L engine option available and it's cheaper.
by WhiteMaxima
Tue May 22, 2018 11:41 am
Forum: Investing - Theory, News & General
Topic: will the SP500 double in 7 years?
Replies: 88
Views: 8922

Re: will the SP500 double in 7 years?

The question is: can S&P500 profit double in 7 years and if the borrowing cost stay the same. It doesn't seems likely. Could S&P500 profit reduction by 50% and borrowing cost double during the same period? If we had a recession and inflation goes up, it will more seems likely.
by WhiteMaxima
Tue May 22, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: Rental cars in Europe
Replies: 22
Views: 1228

Re: Rental cars in Europe

European street is very narrow. A car is sometimes very difficult to navigate. I found train travel is much less stress and get you to city cenetr. Parking is very expensive in Europe. Leave personal things inside van, it is unsafe in many popular places.
by WhiteMaxima
Tue May 22, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: If RMD are large should you still defer into 401k
Replies: 20
Views: 2139

Re: If RMD are large should you still defer into 401k

max 401k pre-ax to your next tax bracket if it is not 35%. If you are into higher tax bracket, then max pre-tax. If you projected RMD is too big, good news for you, you can retire earlier and using the gap years to do Roth conversion till you start to withdraw SS and pension. You can also do a one ...
by WhiteMaxima
Mon May 21, 2018 6:07 pm
Forum: Investing - Theory, News & General
Topic: If RMD are large should you still defer into 401k
Replies: 20
Views: 2139

Re: If RMD are large should you still defer into 401k

max 401k pre-ax to your next tax bracket if it is not 35%. If you are into higher tax bracket, then max pre-tax. If you projected RMD is too big, good news for you, you can retire earlier and using the gap years to do Roth conversion till you start to withdraw SS and pension. You can also do a one t...
by WhiteMaxima
Mon May 21, 2018 5:45 pm
Forum: Personal Consumer Issues
Topic: Best used SUV, Wagon, Hatch, Pickup under $10k
Replies: 15
Views: 1258

Re: Best used SUV, Wagon, Hatch, Pickup under $10k

Toyota Tacoma or 4Runner. It's based on Toyota Prado platform. Rugged, not too big and super reliable if you don't mind a bumpy ride. I would prefer an I4 with 5MT. Time chained so no need belt change. Open top so dog can run around for a breeze of wind while you are driving.
by WhiteMaxima
Mon May 21, 2018 5:11 pm
Forum: Investing - Theory, News & General
Topic: will the SP500 double in 7 years?
Replies: 88
Views: 8922

Re: will the SP500 double in 7 years?

Iran sanction. Production cut and consumption up. Supply and demand. Usually at end of business cycle, oil will perform well. I am adding energy too. I see Thanks! Probably will reach high around summer or a little after summer? Will sell then as I don't follow oil that much. oil is also a hedging ...
by WhiteMaxima
Mon May 21, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: will the SP500 double in 7 years?
Replies: 88
Views: 8922

Re: will the SP500 double in 7 years?

Iran sanction. Production cut and consumption up. Supply and demand. Usually at end of business cycle, oil will perform well. I am adding energy too.
by WhiteMaxima
Mon May 21, 2018 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Vacation Rental Property as an Investment
Replies: 47
Views: 3116

Re: Buying a Vacation Rental Property as an Investment

I see it's more of liability than an investment. Why not invest in Reits?
by WhiteMaxima
Mon May 21, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: International travel for Christmas
Replies: 21
Views: 930

Re: International travel for Christmas

Actually Europe in Christmas is more interesting. Christmas lights and market. Get a Euro global pass (kids traveling free). There are many warm place in southern Europe. Est and central Europa offers the best value for travel.
by WhiteMaxima
Mon May 21, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Rental cars in Europe
Replies: 22
Views: 1228

Re: Rental cars in Europe

Use CSR credit card to save your insurance cost. Small diesel vehicle for gas savings and easy to park.
by WhiteMaxima
Mon May 21, 2018 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: $1,700,000 from family trust...
Replies: 57
Views: 6447

Re: $1,700,000 from family trust...

1. pay off all debts 2. Max retirement saving contribution 3. Mega 529 for future generations 4. save for aft-tax account in tax efficient fund.
by WhiteMaxima
Mon May 21, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: What’s your phone/internet bill?
Replies: 76
Views: 4396

Re: What’s your phone/internet bill?

Comcast 100Mps Internet $40/month
Sprint bring your own phone ulimited LTE data Free for one year plus $4/month tax
OOMA landline phone Free for life.
by WhiteMaxima
Mon May 21, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: will the SP500 double in 7 years?
Replies: 88
Views: 8922

Re: will the SP500 double in 7 years?

Everything is possible. But the chance is small. fed is raising interest rate, wage inflation is coming back, oil price is going up, though we have the tax cut. Can company revenue and profit double in 7 years? I doubt.
by WhiteMaxima
Fri May 18, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Pre-Retirement Check
Replies: 14
Views: 1319

Re: Pre-Retirement Check

house paid off? health insurance till 65 saved? SS and pension usually start at 65. Do you have 10 year living expense covered? 4% withdraw rate are for people with 25 year life withdraw. You would need it for 30 to 35 years. So 3% is real number for you.
by WhiteMaxima
Fri May 18, 2018 3:23 pm
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 110
Views: 9886

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

Make sure you got all the company match over the year 1st then max the 55k.
by WhiteMaxima
Fri May 18, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?
Replies: 71
Views: 10397

Re: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?

Hello Thanks in advance for experienced BH's advice/opinions! Without going into explicit detail of my total financial picture ... I want to purposely keep this post simple and to the point & purpose. I do have other funds invested per common BH guidelines ... I'm not concerned about these. I have ...
by WhiteMaxima
Fri May 18, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: UK expat in China, new investor, help needed, please :)
Replies: 8
Views: 566

Re: UK expat in China, new investor, help needed, please :)

tencent, ctrip, alibaba, maotai liquid. man you have so many growth companies to chose.
by WhiteMaxima
Fri May 18, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage decision killing me
Replies: 52
Views: 6397

Re: Mortgage decision killing me

7 Year ARM as an experienced home owner. When 7 year ends, you do ARM again. ARM is like equity market, fear has built in the rate. 30 year fix is just like bond kind fixed income. ARM is like equity which have risk but with more potential. I will choose ARM so I will min interest and pay down into ...
by WhiteMaxima
Fri May 18, 2018 11:48 am
Forum: Personal Consumer Issues
Topic: Lexus RX 350, Audi Q5, or Volvo XC 60
Replies: 93
Views: 5680

Re: Lexus RX 350, Audi Q5, or Volvo XC 60

Don't rule out Toyota 4Runner, Subaru Outback and Forest if you don't mind a bit harsh ride and noise. But the utility and off-road capability is super. Among all these, Q5 combined all the luxury, utility and performance and styling.
by WhiteMaxima
Fri May 18, 2018 11:08 am
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 110
Views: 9886

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

I maxed out last year. I end loosing company match for a whole month. the 2017 max is 53000, that's total sum of pre aft and comapany match. I will never repeat my mistake again. I lost couple of thousand company match. I would rather contribute less than max then loosing company match. I used to h...
by WhiteMaxima
Thu May 17, 2018 6:14 pm
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 110
Views: 9886

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

I maxed out last year. I end loosing company match for a whole month. the 2017 max is 53000, that's total sum of pre aft and comapany match. I will never repeat my mistake again. I lost couple of thousand company match. I would rather contribute less than max then loosing company match.
by WhiteMaxima
Thu May 17, 2018 5:41 pm
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 252
Views: 45638

Re: What's the ideal safe retirement net worth target?

30x you project retirement spending. Let's say you need 120k in your retirement, and you will have 20k in SS and pension combined. you would need 100k x30 =3 mil in savings. Don't forget house equity should be also included. To most American, their house is the biggest asset. So the real number migh...
by WhiteMaxima
Thu May 17, 2018 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Small Business Owner - how to build retirement wealth
Replies: 25
Views: 1957

Re: Small Business Owner - how to build retirement wealth

Grow you business and sell it to the highest bidder at certain point.
by WhiteMaxima
Thu May 17, 2018 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 7531

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Why silver only? If stock market crashed, you should buy more stocks. If you have invested in broad based stock/bond/real asset/cash, let's say 25/25/25/25, you should do nothing. And if stock crashed tomorrow, you should buy even more.
by WhiteMaxima
Thu May 17, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350, Audi Q5, or Volvo XC 60
Replies: 93
Views: 5680

Re: Lexus RX 350, Audi Q5, or Volvo XC 60

AWD vehicle performs better than FWD even on dry pavement. the only drawback is the mpg loss and tire wear. A 60/40 torque distribution Audi torsen quattro is just like combine a Sport and passenger Sedan together. Also down hill engine braking and uphill climbing performance is much better with a Q...
by WhiteMaxima
Thu May 17, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Why didn’t my variable mortgage rate go up?
Replies: 8
Views: 461

Re: Why didn’t my variable mortgage rate go up?

read your mortgage contract. there is max cap and also the annual increase cap cause. 4.25% is not a bad rate even though more than 3.0% which might be your ARM rate before. I’ve had the loan for about 4-5 years now. It probably started out at about 3%, But last year it went to 4.25%...at least a 1...
by WhiteMaxima
Thu May 17, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Why didn’t my variable mortgage rate go up?
Replies: 8
Views: 461

Re: Why didn’t my variable mortgage rate go up?

read your mortgage contract. there is max cap and also the annual increase cap cause. 4.25% is not a bad rate even though more than 3.0% which might be your ARM rate before.
by WhiteMaxima
Thu May 17, 2018 3:31 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350, Audi Q5, or Volvo XC 60
Replies: 93
Views: 5680

Re: Lexus RX 350, Audi Q5, or Volvo XC 60

Cost cutting to cover the dieselgate scandal cost?
by WhiteMaxima
Thu May 17, 2018 3:01 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350, Audi Q5, or Volvo XC 60
Replies: 93
Views: 5680

Re: Lexus RX 350, Audi Q5, or Volvo XC 60

Q5 Quattro, all-time all wheel drive. RX is more reliable> XC has a lot safety heritage. I like more sport feeling. So Q5 2.0T or 3.0T is my choice. The 2018+ Q5 has "Quattro Ultra" which is AWD on demand, not full-time AWD. In less dynamic driving situations, it remains FWD until additional tracti...
by WhiteMaxima
Thu May 17, 2018 2:56 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 414
Views: 19592

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

To many Americans with less savings for retirement, their projected retirement tax bracket will be lower. To a lot of BH, due to their sizable savings, their future tax bracket could be higher with addition SS income and less deduction (dependent, mortgage interest. ect).
by WhiteMaxima
Wed May 16, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350, Audi Q5, or Volvo XC 60
Replies: 93
Views: 5680

Re: Lexus RX 350, Audi Q5, or Volvo XC 60

The JD power survey still show Lexus is at the top tier of quality. Don't know Audi and Volvo quality. But the paint quality of Lexus is way better than Audi and Volvo. Toyota use much better paint than VW and Volvo. if you like your 10 year old car still shinning like new. Choose Lexus. For me, I l...
by WhiteMaxima
Wed May 16, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: Lexus RX 350, Audi Q5, or Volvo XC 60
Replies: 93
Views: 5680

Re: Lexus RX 350, Audi Q5, or Volvo XC 60

Q5 Quattro, all-time all wheel drive. RX is more reliable> XC has a lot safety heritage. I like more sport feeling. So Q5 2.0T or 3.0T is my choice.
by WhiteMaxima
Mon May 14, 2018 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to define "rich"?
Replies: 32
Views: 2225

Re: Best way to define "rich"?

When you have "enough" for your lifestyle and don't worry about money.
by WhiteMaxima
Fri May 11, 2018 12:36 pm
Forum: Personal Consumer Issues
Topic: Athens Greece in Sept
Replies: 17
Views: 1262

Re: Athens Greece in Sept

I will be there this Sept. Last time was Y2K New Year's eve. Lighting and fireworks over the Acapolis was truly amazing. The cradle of western civilization. US federal reservation, White house, and Lincoln mermorial are all copies of this 3000 year old ancient Greek temple. Very interesting to see s...
by WhiteMaxima
Tue May 08, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new car or buying used car
Replies: 91
Views: 4979

Re: Buying new car or buying used car

A new car with zero % financing is better than 20-30% price reduction on a 2 or 3 year old car with 4 to 5% financing. I would go either with 0% financing on a new car or 5 to 6 year old low mileage used car with 50 to 60% price reduction.
by WhiteMaxima
Tue May 08, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Berkshire Hathaway B
Replies: 65
Views: 6308

Re: Berkshire Hathaway B

BRKA/B are for aft-tax account. Not for trade. Only sell to gap SS and RMD or in lean years to lower cap gain and dividend tax.
by WhiteMaxima
Mon May 07, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 8835

Re: Retire Internationally for FIRE

Unless you have EU resident permission, you can't stay in EU countries for more than 180 days total per year.
by WhiteMaxima
Mon May 07, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Where to save money after 401K/HSA?
Replies: 8
Views: 550

Re: Where to save money after 401K/HSA?

After-tax account cause you will live on it before RMD and SS. It would be very low (or even zero cap gain tax) to withdraw from tax-able account. Invest only in tax-efficient index fund (or ETF).
by WhiteMaxima
Mon May 07, 2018 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Advice for new Expat in Singapore [US ex-pat]
Replies: 10
Views: 812

Re: Advice for new Expat in Singapore [US ex-pat]

No chowing gum. And don't expect us to bail you out if you violate local law this time.
by WhiteMaxima
Fri May 04, 2018 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account
Replies: 52
Views: 5038

Re: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account

The reason I recommend BRKA/B is 1.0mil in a taxable account would generate approx 2% dividend and cap gain which will complicate your tax situation depend your situation. You can also super fund 529 but it max at 70k. Just keep it a simple way. Also majority of BH here can't afford a share of BRKA.
by WhiteMaxima
Fri May 04, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account
Replies: 52
Views: 5038

Re: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account

1 mil buys you 3.3 share of BRKA. No dividend every paid so no cap gain and dividend tax until you sell. After you retired before RMD and SS, convert it to BRAKB and start to sell, keep cap gain a bit below your target tax rate and hopefully zero. Are you kidding? Serious question here. Are you kid...
by WhiteMaxima
Fri May 04, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Pay $2500 in rent or continue living at home
Replies: 91
Views: 6276

Re: Pay $2500 in rent or continue living at home

You can still live with your parents but you should consider paying for rent and utility cost to your parents.
by WhiteMaxima
Fri May 04, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account
Replies: 52
Views: 5038

Re: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account

1 mil buys you 3.3 share of BRKA. No dividend every paid so no cap gain and dividend tax until you sell. After you retired before RMD and SS, convert it to BRAKB and start to sell, keep cap gain a bit below your target tax rate and hopefully zero.
by WhiteMaxima
Fri May 04, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: AAPL - Great Investment or Value Trap
Replies: 62
Views: 7953

Re: AAPL - Great Investment or Value Trap

I like Apple product. My 1st computer is a Motorola based Macintosh SE. Now my kids like apple gadget. The stock is a great value and growth stock. I knew my Vanguard index fund has large portion of AAPL. But I still bought couple of share of AAPL. I used the unrealized gain purchased some new Apple...
by WhiteMaxima
Thu May 03, 2018 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Receiving house after parents pass away - legal issues with siblings?
Replies: 35
Views: 3380

Re: Receiving house after parents pass away - legal issues with siblings?

You put 20% down but your parents pay principle and interest and you want the equity of the house goes to you. Am I understand right?
by WhiteMaxima
Thu May 03, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to smell like buying season?
Replies: 55
Views: 6446

Re: Starting to smell like buying season?

a 40% drop would put CAPE to historical norm. But that would happen when interest rate go back to historical norm like 5 to 6%. So far we are 2.5%. A cumulative 40% drop on the S&P from the highs would be three 40% drops in 18-19 years depending on how long it takes to dip 40% from the Jan 2018 all...
by WhiteMaxima
Thu May 03, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help with post retirement IRA portfolio
Replies: 14
Views: 1232

Re: Help with post retirement IRA portfolio

80/20 AA is kind of heavy on equity side. But OP has pension and SS so probably will cover the cost of live let 80/20 go forever. My thinking is that we are at late cycle of business. Market has more chance to correction than move up more. So a balanced AA would be ideal (30/30/40 AA or 60/40).
by WhiteMaxima
Thu May 03, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to smell like buying season?
Replies: 55
Views: 6446

Re: Starting to smell like buying season?

a 40% drop would put CAPE to historical norm. But that would happen when interest rate go back to historical norm like 5 to 6%. So far we are 2.5%.