Search found 66 matches

by Stick5vw
Tue Sep 17, 2019 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: How do you spend money to gain time? (young family)
Replies: 141
Views: 8866

Re: How do you spend money to gain time? (young family)

Cleaning service once per week Order groceries online and have them delivered Laundry service once per week (we still do laundry at home often but these are for when things begin to pile up - and they often do!) Babysitter one or two days per week. From late afternoons into the evening (say 4pm-10pm...
by Stick5vw
Wed Sep 11, 2019 8:40 pm
Forum: Personal Investments
Topic: Low fee Private Equity / Alternative Investing Approach
Replies: 13
Views: 1423

Re: Low fee Private Equity / Alternative Investing Approach

I would be interested in this is as well. There is a company in SF named CircleUp that seemed interesting. Helps link consumer/retail companies with VC but to invest one needs to be an “accredited investor”. I think you would probably qualify. I am not sure what the minimum ticket was but if memory ...
by Stick5vw
Sat Aug 24, 2019 7:42 am
Forum: Non-US Investing
Topic: Cheapest way to buy MSCI World
Replies: 17
Views: 1117

Re: Cheapest way to buy MSCI World

from a performance standpoint, is the outcome better or worse for investing in a global equity ETF than a US + Intl + EM approach? For full disclosure I follow the latter approach as I am comfortable with a slight overweight to Intl/EM (please not looking to open the Pandora’s box of US vs Intl!) I ...
by Stick5vw
Wed Aug 14, 2019 10:59 am
Forum: Personal Investments
Topic: What sort of fund for saving for sabbatical?
Replies: 11
Views: 1044

Re: What sort of fund for saving for sabbatical?

I’m 2 months in to a 6 month sabbatical as well. Hoping to start working again in Q1 after a relocation back to USA from overseas, and getting family settled back into the USA etc. We have about $100k in a high yield savings account (2.1%) and about $60k in a checking account. This is probably more ...
by Stick5vw
Mon Aug 12, 2019 6:34 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio bullish on China (China market cap to overtake US in 2030?)
Replies: 47
Views: 3781

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

I believe that BW has launched an All Weather strategy focused on the China market. https://www.pionline.com/article/20170911/ONLINE/170919989/bridgewater-prepares-chinese-version-of-all-weather-risk-parity-strategy While I think there is indeed a strong case to be made that China is a great long te...
by Stick5vw
Sat Aug 10, 2019 10:37 am
Forum: Personal Investments
Topic: What is the best Total Intl Equity Index Fund for taxable account?
Replies: 15
Views: 1424

Re: What is the best Total Intl Equity Index Fund for taxable account?

iShares Core MSCI Total Intl Stk ETF (IXUS) It look like IXUS has slightly outperformed VXUS before tax, but what is the tax drag on IXUS vs VXUS? Paul I think comparing these two is like apples to apples, they are almost virtually identical, I go with IXUS because it trades commission free at fide...
by Stick5vw
Thu Aug 08, 2019 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Taking a graduate data science job offer, or doing a MSc in Statistics
Replies: 34
Views: 2161

Re: Taking a graduate data science job offer, or doing a MSc in Statistics

Take the job. Make/save some money, get some solid work experience on your resume, and who knows as other have said, you may realise the masters in statistics is not useful or something you really want to pursue after all. (You may decide an MBA or something else is better) good luck.
by Stick5vw
Thu Aug 01, 2019 1:50 pm
Forum: Personal Investments
Topic: Question re superfunding NYS 529
Replies: 5
Views: 477

Re: Question re superfunding NYS 529

Thank you mcraepat9 for your detailed response. If I understood correctly, you seem to suggest I should structure these top ups so that I do not have to file the form 709. Is the 709 cumbersome / painful? Hello - my wife and I would like to top up our 2-year old son’s 529 with New York State and wou...
by Stick5vw
Thu Aug 01, 2019 10:36 am
Forum: Personal Investments
Topic: Question re superfunding NYS 529
Replies: 5
Views: 477

Question re superfunding NYS 529

Hello - my wife and I would like to top up our 2-year old son’s 529 with New York State and would appreciate insight from the bh community. Currently the balance is $39k in the 529, with $14k contributed in 2018 and 15k in 2019. We would like to top this up to about $100k with a $61k deposit. My que...
by Stick5vw
Tue Jul 30, 2019 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring money internationally
Replies: 3
Views: 313

Re: Transferring money internationally

Suggest checking TransferWise, whose rates I have always found to be very good - but you would need to see whether they can work with banks in Trinidad
by Stick5vw
Mon Jul 29, 2019 5:38 pm
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 180
Views: 41398

Re: Bogleheads, tell me about your 40's?

I turn 40 tomorrow 😅 and there’s a lot of very good food for thought in here. Definitely already feeling the pressure of aging parents / young child (+one more kid very likely in next year or two), while balancing a desire for career progression (+ income / savings growth) for myself and my wife. Ne...
by Stick5vw
Tue Apr 23, 2019 6:14 am
Forum: Personal Finance (Not Investing)
Topic: Interview advice needed - specific question around departure from company
Replies: 4
Views: 718

Re: Interview advice needed - specific question around departure from company

Thank you both. This is great advice and totally makes sense. I definitely do not have anything to hide here, but I am mindful of "perception" and want to ensure there is no cloud above me heading into key discussions.
by Stick5vw
Mon Apr 15, 2019 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Interview advice needed - specific question around departure from company
Replies: 4
Views: 718

Interview advice needed - specific question around departure from company

Dear bogleheads: Some may recall my prior post ( https://www.bogleheads.org/forum/viewtopic.php?f=2&t=269520 ) discussing a move back to the USA after 10+ years overseas with a MNC. Ultimately as it transpired, the agreement reached was to resign at the end of February, with my last day in the offic...
by Stick5vw
Wed Apr 10, 2019 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Potential job change
Replies: 9
Views: 707

Re: Potential job change

Take the job. 25% raise, shorter commute, more time with son? You sound interested in the role too, and could hit the ground running. Seems like a no brainer to me. Congrats!
by Stick5vw
Mon Apr 08, 2019 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Newlyweds considering moving to NYC...advice and insight appreciated.
Replies: 51
Views: 4653

Re: Newlyweds considering moving to NYC...advice and insight appreciated.

Everyone I know in NYC with kids, even those who own their apartments and who work in the city, are looking to get out. Their kids are climbing up the walls of their small apartments. Once you need to pay for daycare and/or school there is a good chance you’ll be looking to leave too. Sample size o...
by Stick5vw
Sun Apr 07, 2019 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds considering moving to NYC...advice and insight appreciated.
Replies: 51
Views: 4653

Re: Newlyweds considering moving to NYC...advice and insight appreciated.

I agree with the above - while living in the city has its advantages, this move will make your commute worse, presumably cost you more money each month (sorry if I missed a discussion on your financials), and result in less living space when you’ve got a baby on the way. You will be exhausted once y...
by Stick5vw
Thu Mar 28, 2019 5:28 pm
Forum: Personal Consumer Issues
Topic: Know a good restaurant in Miami?
Replies: 8
Views: 621

Re: Know a good restaurant in Miami?

I have been to Cafe Prima Pasta on 71st Street in North Miami Beach many times - highly recommend

Otherwise if your friend likes latin /Cuban / South American cuisine the number of good options in Miami is truly endless
by Stick5vw
Sun Mar 03, 2019 1:43 am
Forum: Personal Finance (Not Investing)
Topic: what are the most important financial goals for you
Replies: 24
Views: 1939

Re: what are the most important financial goals for you

I used to toss around a random figure of $5mn saved before I retire. It had no science behind it and just sounded like a nice number. In practice I probably need less as my wife and I tend to be pretty frugal/LBYM types, although a couple million will be fine with me. Anyway I’m focused on the follo...
by Stick5vw
Sun Mar 03, 2019 1:20 am
Forum: Personal Finance (Not Investing)
Topic: Job Choice Feedback
Replies: 9
Views: 914

Re: Job Choice Feedback

Carpe diem - go for A I’d be prepared financially in case it doesn’t work out as planned - either the timeline of events doesn’t work out as you laid out above and/or the incentives are less than you expected. You didn’t list out your age, family details, and financials etc but this sounds to me lik...
by Stick5vw
Mon Feb 25, 2019 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Friend Got Laid Off - Advice Needed
Replies: 48
Views: 7287

Re: Friend Got Laid Off - Advice Needed

Old Sport, just curious - how did things turn out for your friend?
by Stick5vw
Sat Feb 23, 2019 7:47 pm
Forum: Investing - Theory, News & General
Topic: When do you notice the compounding at work?
Replies: 137
Views: 28191

Re: When do you notice the compounding at work?

Just over the last couple of years - after 20 years of committed saving and investing. For what it's worth, compounding is important, but it's not just compounding. It's (1) compounding, (2) saving ~20% of income, (3) living within our means, (4) not dipping into savings, and - probably most import...
by Stick5vw
Sat Feb 23, 2019 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: $50,000 executive MBA at a state school or $5,000 MBA at a regional school?
Replies: 46
Views: 4252

Re: $50,000 executive MBA at a state school or $5,000 MBA at a regional school?

I dont have an MBA but came *very* close to going for an EMBA. May still do it someday. For me it was all about the network, which in turn means you should try to find the most prestigious program possible in my opinion. As such if you have great experience already (and sounds like you do) I second ...
by Stick5vw
Sat Feb 23, 2019 3:05 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating a pay raise
Replies: 24
Views: 1970

Re: Negotiating a pay raise

The times that I have received a raise from my mega corp usually came during the annual "cycle" when title promotions happen and/or comp is re-set for the upcoming year. In my case, this also happened when I changed jobs from one country to another (has happened 3X) when my contract was drawn up to ...
by Stick5vw
Sat Feb 23, 2019 2:34 am
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 404
Views: 53555

Re: Losing a job in your 50's...

In my late 20's I heard a layoff/unemployment horror story from a age 50+ coworker and ever since then I've had it in the back of my mind that I may not be able to work all the way to full retirement age. I have 55 set as my "soft retirement" age just in case I can't work until age 59.5. I held off...
by Stick5vw
Thu Feb 21, 2019 11:03 pm
Forum: US Chapters
Topic: Do you discuss BH philosophy with others?
Replies: 66
Views: 3640

Re: Do you discuss BH philosophy with others?

Do not really ever mention BH per se. However definitely have talked to many friends about minimalist living/LBYM etc, and our efforts to save as much $ as possible. Many work in same industry as me (finance) so we know that tough times can and do arrive someday for almost everyone! So my wife and I...
by Stick5vw
Sun Feb 03, 2019 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: The future of finance in corporations, should I change career path ?
Replies: 3
Views: 764

Re: The future of finance in corporations, should I change career path ?

If you really love finance and want to be a CFO, go for 1. If you want a chance to build some new skills and get exposure to a different part of the business, go for 2. I personally would go for 2 as more credentials under your belt can only help you in my view. If it doesn’t work out, you can pursu...
by Stick5vw
Sat Feb 02, 2019 5:24 am
Forum: Personal Consumer Issues
Topic: 5 days in Hong Kong - Seeking travel tips
Replies: 23
Views: 1871

Re: 5 days in Hong Kong - Seeking travel tips

Go to the peak - amazing views of the spectacular HK skyline. True boglehead style, take the bus up/down (costs about $2 USD) instead of waiting on line (sometimes for hours - esp if there are Chinese tour groups in front of you!) for an overpriced tram ride up the mountain. Or, just take a taxi whi...
by Stick5vw
Fri Jan 25, 2019 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Taking a Year Off
Replies: 36
Views: 3913

Re: Taking a Year Off

Do it! It will be the best experience of your life.
by Stick5vw
Sun Jan 13, 2019 6:35 am
Forum: Personal Finance (Not Investing)
Topic: How would you interpret this comment from boss about possible redundancy package?
Replies: 8
Views: 1164

How would you interpret this comment from boss about possible redundancy package?

Would love to get other views on a comment that my boss made to me. Right now my company is going through layoffs - recently they cut 5% of the workforce. Fortunately I was not let go. Simultaneously, for the past several months I have been talking to my boss about switching roles within the company...
by Stick5vw
Fri Jan 11, 2019 11:52 pm
Forum: Personal Consumer Issues
Topic: NYC restaurant hidden gems?
Replies: 25
Views: 2088

Re: NYC restaurant hidden gems?

You should definitely not limit yourself to midtown. A few thoughts: Lavagna- Italian in east village Cafe Habana - Pan Latin on LES Mamoun’s - falafel in the village (slight hole in the wall but cheap and good!) Ess a Bagel - bagels midtown east (you can probably walk to this one) Joe’s Pizza - Car...
by Stick5vw
Mon Jan 07, 2019 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 484
Views: 54170

Re: What is/ was your career and would you recommend it now?

The likes of Vietnam, Indonesia, the Philippines (Thailand as well) and others in ASEAN classify as frontier / emerging markets and we can debate endlessly regarding whether or not they add value to one's portfolio. Many of these markets have been "emerging" for decades so may be tricky to play as a...
by Stick5vw
Sun Jan 06, 2019 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 484
Views: 54170

Re: What is/ was your career and would you recommend it now?

I am a sales person for a very large financial services company whose name many on this board would recognize. Not Vanguard but a competitor. Ultimately it’s my job to drum up business and ensure these investors are placing their assets with this company. After getting a BA/MA in economics and inte...
by Stick5vw
Sun Jan 06, 2019 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 484
Views: 54170

Re: What is/ was your career and would you recommend it now?

I am a sales person for a very large financial services company whose name many on this board would recognize. Not Vanguard but a competitor. Ultimately it’s my job to drum up business and ensure these investors are placing their assets with this company. After getting a BA/MA in economics and inter...
by Stick5vw
Thu Jan 03, 2019 8:46 pm
Forum: Personal Consumer Issues
Topic: Living Abroad - Who's done it?
Replies: 90
Views: 11082

Re: Living Abroad - Who's done it?

I posted on my experience abroad for >10 years here - recommend looking at the whole thread... https://www.bogleheads.org/forum/viewtopic.php?f=2&t=252542&p=3995723#p3995723 Adding to this, would absolutely echo some of the prior points about the re-patriation. Don’t know if you plan to come back, b...
by Stick5vw
Tue Jan 01, 2019 11:22 am
Forum: Personal Investments
Topic: Asset allocation for almost 44 year old
Replies: 13
Views: 1810

Re: Asset allocation for almost 44 year old

I am 39 and use age minus 20 for bonds, but fully agree that "it depends" on one's personal situation. Was more aggressive in past years although have been dialling it back a bit this year since we are looking to make a few bigger life changes in next year or two: relocate back to USA, have kid #2, ...
by Stick5vw
Mon Dec 31, 2018 10:18 pm
Forum: Investing - Theory, News & General
Topic: International Funds Still Relevant in a Simple Portfolio?
Replies: 74
Views: 5625

Re: International Funds Still Relevant in a Simple Portfolio?

I recently reduced my international holdings to 30% after 23 years of holding 45 to 50%. I've personally come to believe that international investing is probably a lost cause and will generally provide inferior stock returns compared to the US. When, and if, it does outperform the US, I expect that...
by Stick5vw
Mon Dec 31, 2018 10:14 pm
Forum: Investing - Theory, News & General
Topic: International Funds Still Relevant in a Simple Portfolio?
Replies: 74
Views: 5625

Re: International Funds Still Relevant in a Simple Portfolio?

I stick to market weighting as per the MSCI ACWI. Right now I think that means roughly 55% US, 36% International, and 9% EM.
by Stick5vw
Sat Dec 29, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1052
Views: 287616

Re: What is your Year 2018 networth change?

I'm basically flat for the year ($2500 less than the end of 2017) but that's mostly because I'm sitting on a big pile of cash right now, and because I directed almost all new contributions this year towards fixed income. Since the middle of 2014 I am still up about 123%, ie thanks to the bull market...
by Stick5vw
Fri Nov 30, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Laid Off, Considering Multiple Options - Which Would You Recommend?
Replies: 48
Views: 7564

Re: Laid Off, Considering Multiple Options - Which Would You Recommend?

Great food for thought and all tips are spot on. Congrats on the new role!
by Stick5vw
Fri Aug 17, 2018 2:48 pm
Forum: Personal Investments
Topic: Helping elderly mother with her finances - 2 issues
Replies: 17
Views: 1892

Re: Helping elderly mother with her finances - 2 issues

Hi WillRetire - the figures already included social security. Her health care is through Medicare and she pays $91 per month for the supplement "Part D" plan that (as we understand) greatly reduces the cost of several prescriptions that would be pricey if she did not have this. Thanks for the advic...
by Stick5vw
Fri Aug 17, 2018 2:28 pm
Forum: Personal Investments
Topic: Helping elderly mother with her finances - 2 issues
Replies: 17
Views: 1892

Re: Helping elderly mother with her finances - 2 issues

Hi WillRetire - the figures already included social security. Her health care is through Medicare and she pays $91 per month for the supplement "Part D" plan that (as we understand) greatly reduces the cost of several prescriptions that would be pricey if she did not have this. Thanks for the advice...
by Stick5vw
Fri Aug 17, 2018 1:02 pm
Forum: Personal Investments
Topic: Helping elderly mother with her finances - 2 issues
Replies: 17
Views: 1892

Re: Helping elderly mother with her finances - 2 issues

Thank you everyone. My mom sent the paperwork in today to cash the life insurance policy out. She'll get a check for about $34k at some stage in the next few weeks, and also save $253 each month. So now she'll at least have a decent emergency fund (perhaps from which she can cover any higher mortgag...
by Stick5vw
Thu Aug 16, 2018 12:41 pm
Forum: Personal Investments
Topic: Helping elderly mother with her finances - 2 issues
Replies: 17
Views: 1892

Helping elderly mother with her finances - 2 issues

My mom is 83 years old, on a fixed income of $4500 per month from a pension, and following a recent health scare my sister and I are now looking more closely at her finances. (among other things) We’ve always had a loose sense of her overall situation, but now are really going deep and plan to be mu...
by Stick5vw
Fri Jun 29, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: anyone working overseas? pros-cons?
Replies: 22
Views: 2813

Re: anyone working overseas? pros-cons?

I’ve been living overseas for 10+ years. Not in the Middle East but have done stints in Western Europe and currently now in Asia. If you are young and without too many commitments, it can shape your career, really boost your savings / income, and many wonderful memories. But on the flip side expat l...
by Stick5vw
Sun Jun 10, 2018 7:24 pm
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 180
Views: 41398

Re: Bogleheads, tell me about your 40's?

Amazing thread. Being 6 weeks away from turning 39, I think about my 40s a lot nowadays ! Would love to revive this thread again and hear more thoughts.
by Stick5vw
Mon Jun 04, 2018 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Advice/referral: Ex-pat tax preparation
Replies: 6
Views: 877

Re: Advice/referral: expate tax preparation

I’ve used Greenback Tax for almost the whole time I’ve been outside the USA (10 years) and have found them To be extremely knowledgeable and reliable. Depending on what you need filed it usually costs around $450 each year.
by Stick5vw
Sun May 13, 2018 5:54 am
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 20720

Re: What Percentage CASH are you?

We have 6 months of expenses as our emergency account, and right now besides that have about 5% of portfolio in cash.

Normally would be about 0% in cash, but there are a few potential expenses coming up later this year and we'd rather not dip into the emergency fund for these.
by Stick5vw
Sat May 05, 2018 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: Request for career advice
Replies: 5
Views: 936

Re: Request for career advice

Thought I would circle back on this one. As I continued to ask questions over the course of several more interviews with this new company, it became clear that they didn't really understand where the role I was interviewing for would fit into their strategy. I politely declined to be considered furt...
by Stick5vw
Sun Mar 25, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Request for career advice
Replies: 5
Views: 936

Request for career advice

Dear Bogleheads I’ve received good advice from this group on financial issues and would now like some professional advice, to the extent that the wise minds on this board are willing to offer. Sorry if this is a long post but want to lay out my thinking at the moment. Background: I have spent 13 yea...
by Stick5vw
Mon Jan 22, 2018 10:22 pm
Forum: Personal Investments
Topic: Pull back on retirement saving to increase savings for kids' college?
Replies: 31
Views: 3018

Re: Pull back on retirement saving to increase savings for kids' college?

Thank you all - on further consideration, I think we'll continue with $1160 per month into the 529 (and same amount if a second one is opened up whenever child #2 is born). This way we contribute just under the $14k limit per year for the 529, while continuing to plow the bulk of our savings into ou...