Search found 44 matches

by kcxie
Sun Jan 19, 2020 11:09 pm
Forum: Personal Investments
Topic: Deploying a $40m windfall in current market conditions
Replies: 60
Views: 8754

Re: Deploying a $40m windfall in current market conditions

Perm:
congratulation for your success!
no body wants to be specific, then I will try.

Just do this for now:
20m in VTSAX
20m in VWIUX

Park/invest here for as long as you want and then decide to change later any time you wants

wish you the best!
by kcxie
Sat Dec 28, 2019 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Donating $1M
Replies: 66
Views: 9044

Re: Donating $1M

Congratulations. Try my DAF. We can figure out the rest later. Haha. You have my total respect
by kcxie
Mon Dec 09, 2019 9:10 pm
Forum: Personal Investments
Topic: 2020 Plan for $45,000,000 in 2045
Replies: 78
Views: 13455

Re: 2020 Plan for $45,000,000 in 2045

OP your income level Is very impressive, however your net worth is not there yet. try simple methods for now and re-evaluate after you reach to 5 to 10 mil Right now: 50% VTSAX (or somewhere between 50 to 80%) 50% VWIUX (or somewhere between 20 to 50%) After your net worth reach to 5 to 10 mil, then...
by kcxie
Mon Dec 09, 2019 1:34 pm
Forum: Personal Investments
Topic: 2020 Plan for $45,000,000 in 2045
Replies: 78
Views: 13455

Re: 2020 Plan for $45,000,000 in 2045

You make everything too complicated.
For your taxable account which will be your major financial asset:
50%. VTSAX
50% VWIUX

The forget about it.
You will be very rich and very soon.

Enjoy your work and life
by kcxie
Wed Nov 27, 2019 11:36 pm
Forum: Personal Consumer Issues
Topic: Is a minivan worth it?
Replies: 86
Views: 6435

Re: Is a minivan worth it?

Very practical! When you have kids and elderly, no other option is even close. Easy to get in and out. Lot of space for everyone. You will love it. When you drive , it is much safer because everyone else try to stay away from you ! Haha this good to me.
by kcxie
Wed Nov 27, 2019 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Drop my term life insurance?
Replies: 36
Views: 2729

Re: Drop my term life insurance?

you have far enough for your wife and kids to be ok financially in case you are gone. (God forbidden). It is too expensive to continue the coverage. I can understand that everyone wants to leave enough for loves one to continue normal life. On the other side of coin, you do not want to (have to ) le...
by kcxie
Mon Nov 25, 2019 12:13 am
Forum: Personal Investments
Topic: High net worth individual seeks portfolio advice
Replies: 84
Views: 12098

Re: High net worth individual seeks portfolio advice

I am curious what decision the OP made how he is doing.
by kcxie
Thu Nov 21, 2019 2:20 pm
Forum: Personal Investments
Topic: Agressive Investing of $6mm?
Replies: 48
Views: 5127

Re: Agressive Investing of $6mm?

Just put the 50% in stock and a 50% in bonds Then. forget about it. You do not need to take too much risk.
by kcxie
Mon Oct 21, 2019 2:23 am
Forum: Personal Finance (Not Investing)
Topic: Advice: Windfall Makes Working Worse Than Not Working
Replies: 70
Views: 10355

Re: Advice: Windfall Makes Working Worse Than Not Working

How about to Reno. No state tax and easy to drive back if necessary
by kcxie
Fri Aug 02, 2019 11:14 pm
Forum: Personal Investments
Topic: Muni SEC Yield vs Distribution Yield
Replies: 3
Views: 985

Re: Muni SEC Yield vs Distribution Yield

The distribution yield of municipal bond fund has been high for years. I am not complaining.
by kcxie
Mon Jul 22, 2019 12:28 am
Forum: Personal Finance (Not Investing)
Topic: When family members fight over the check when out to eat
Replies: 103
Views: 8839

Re: When family members fight over the check when out to eat

It is nice to have many people who wants to pay the bill. It will be bad that no one wants to pay! But make sure that you pay your share one way or the other. If you always let other people to pay, and you get free meal all the time, it is just not nice unless you are really poor. I love to pay for ...
by kcxie
Fri Jul 19, 2019 11:07 pm
Forum: Personal Consumer Issues
Topic: Anyone install fake grass?
Replies: 35
Views: 3698

Re: Anyone install fake grass?

I install artificial grass on my backyard About 2 years ago. The cost is about the same as cheap As pave stones. so far I am very happy with it it is very clean I don’t not need any maintenance work. My kids enjoy it all year long.
by kcxie
Wed Jul 17, 2019 8:31 pm
Forum: Personal Investments
Topic: asset allocation anxiety
Replies: 29
Views: 2550

Re: asset allocation anxiety

50!50 is the best assets allocation to avoid fear of missing out. when you have a good day for stocks . You’re just looking at the 50th% on the Stocks site when the stocks decline you just to focus on the bonds side. Yes you will be happy ever after!
by kcxie
Tue Jul 16, 2019 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: How do I determine the interest rate if I finance the sale of my business?
Replies: 7
Views: 724

Re: How do I determine the interest rate if I finance the sale of my business?

Do not be greedy. Their success is your success ! Be reasonable. Good luck.
by kcxie
Wed Jul 03, 2019 7:31 pm
Forum: Personal Investments
Topic: dodge&cox vs vanguard intl
Replies: 6
Views: 633

Re: dodge&cox vs vanguard intl

I own both funds. however I do not add more money to Dodge and Cox funs anymore I do continue to add more money to vanguard international fund.
by kcxie
Mon Jul 01, 2019 9:25 pm
Forum: Investing - Theory, News & General
Topic: Why isn't the distribution yield a valuable number? (for VWIUX)
Replies: 37
Views: 3001

Re: Why isn't the distribution yield a valuable number? (for VWIUX)

This mutual fund distribution-yield maintained very high compared to the security yield for a long time, maybe for many years already. I am not a sure the explanation above hold water.
by kcxie
Mon Jul 01, 2019 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 23237

Re: Do you share your net worth with family members?

For the people who like to hold their financial information from their family such as sibling or kids : are you scared that the one day in case they find out the truth, they will blame you for not disclosing the information to them?
by kcxie
Sat Jun 15, 2019 8:16 am
Forum: Investing - Theory, News & General
Topic: 5 Million Into Fixed Income
Replies: 37
Views: 5999

Re: 5 Million Into Fixed Income

5 millions in fixed income is a lot because it is 5 millions.
5 millions in fixed income is NOT a lot because it is only 50% of his net worth.
by kcxie
Wed Jun 12, 2019 11:28 pm
Forum: Personal Investments
Topic: High net worth individual seeks portfolio advice
Replies: 84
Views: 12098

Re: High net worth individual seeks portfolio advice

50% Vanguards total stock
50%. Municipal bond
Then enjoy your life.
by kcxie
Sun Jun 09, 2019 3:07 am
Forum: Personal Finance (Not Investing)
Topic: Do you carry Umbrella Insurance?
Replies: 142
Views: 10744

Re: Do you carry Umbrella Insurance?

Just curious about risk of teenagers drivers. Will they be after the parents wealths if the teenagers are at fault?
by kcxie
Fri Jun 07, 2019 1:00 am
Forum: Personal Investments
Topic: How would you invest a lump sum of 3 million dollars in today's market?
Replies: 50
Views: 6270

Re: How would you invest a lump sum of 3 million dollars in today's market?

This is what I am going to do with 3M :
50% VTSAX
50% VWIUX or total bond.
Th n forget about it
by kcxie
Fri May 31, 2019 9:59 am
Forum: Personal Investments
Topic: Where to put money so I can have access to it?
Replies: 14
Views: 1716

Re: Where to put money so I can have access to it?

You can use Vanguard money market account which has decent return and you can access anytime anywhere
by kcxie
Wed May 08, 2019 12:51 pm
Forum: Personal Investments
Topic: windfall management
Replies: 38
Views: 3919

Re: windfall management

Can you tell us more about your 20K shopping? I am curious what you buy
by kcxie
Tue May 07, 2019 10:49 pm
Forum: Personal Investments
Topic: windfall management
Replies: 38
Views: 3919

Re: windfall management

Can you elaborate on your expenses with 250K?
by kcxie
Fri May 03, 2019 12:55 pm
Forum: Personal Investments
Topic: ESPP
Replies: 8
Views: 676

Re: ESPP

Individual stock should be less than 5% of your portfolio.
Personally I prefer less than 2-3 %. However you should evaluates tax consequence if you try to sell it.
by kcxie
Sun Apr 28, 2019 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: How to define wealth
Replies: 51
Views: 5252

Re: How to define wealth

Wealth is relative. If everyone around you have less money than you do then you are wealthy. If everyone around you have more money than you do then you are pretty poor. :happy
by kcxie
Sun Mar 17, 2019 4:20 pm
Forum: Personal Consumer Issues
Topic: Am I being cheap? Wife wants a minivan, but I want to hold off
Replies: 170
Views: 8981

Re: Am I being cheap? Wife wants a minivan, but I want to hold off

You are not only cheap, you are very very cheap! A Wife who wants a minivan is worth several millions! Your eyes are on the small sesame seed, but you miss the big water melon! Just saying 😁
by kcxie
Thu Jan 24, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Why doesn't a lot of money feel like a lot of money?
Replies: 205
Views: 22792

Re: Why doesn't a lot of money feel like a lot of money?

Bogleheads mind indeed works differently. If I get 50000 dollars Bonus. Bogleheads will take 50% off for tax etc. then you get 25000 dollars left. Using 3% SWR, you get 750 dollars per year . It is about 2 dollars per day. I understand the math, but suddenly 50000 shrink to 2. It is not even enough ...
by kcxie
Sun Nov 26, 2017 9:52 pm
Forum: Personal Consumer Issues
Topic: Etiquette question: going out to dinner with friends and how to split the bill
Replies: 86
Views: 7530

Re: Etiquette question: going out to dinner with friends and how to split the bill

For friend to come to town to visit me I normally pick up the bill however for the friend in town we normally take turn to pay the bill
by kcxie
Tue May 24, 2016 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 312
Views: 74649

Re: Physician Retirement Savings

ImaBeginner wrote: Age 35, in practice almost 5 years. Partner almost 3 years. NW 3.5-4 mil.[/b][/u] Goal: Unsure. As I will want to continue practicing for a long time yet, I would consider myself at goal in some ways. I still am sorting out my desires regarding how much to pass along to my childre...
by kcxie
Sun May 15, 2016 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 312
Views: 74649

Re: Physician Retirement Savings

Lot of physicians here talk about obtaining FI as soon as possible and maybe try to retire early in the 50"s or even late 40's. however I never seen any physician ever do that in my community. most of physicians here will retire in the mid 60's, maybe some in early 60's, but I know no one ever retir...
by kcxie
Sun May 15, 2016 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 312
Views: 74649

Re: Physician Retirement Savings

most of the physicians I know actually are very frugal in life: most of them never buy new cars, looks like they prefer 3-4 years old cars in general. one physician drive 20 years old Honda civic (really beat up) one physician (neurosurgeon) drive 1979 Toyota Camry I believe that they are bogleheads...
by kcxie
Mon May 02, 2016 11:03 am
Forum: Personal Investments
Topic: No tax advantaged accounts - all muni bonds?
Replies: 12
Views: 1926

Re: No tax advantaged accounts - all muni bonds?

at his age, 50/50 vtsmx/ vwiux. Nothing beat simplicity!
by kcxie
Mon May 02, 2016 11:00 am
Forum: Personal Investments
Topic: No tax advantaged accounts - all muni bonds?
Replies: 12
Views: 1926

Re: No tax advantaged accounts - all muni bonds?

midareff wrote:
retiredjg wrote:If simplicity is her priority, I'd use 2 bond funds - half total bond and half intermediate term tax exempt. That would be only 4 funds.

Very reasonable IMHO.
by kcxie
Fri Apr 29, 2016 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Saving Too Much in Retirement Accounts?
Replies: 35
Views: 7473

Re: Saving Too Much in Retirement Accounts?

[quote="White Coat Investor"]I put $200K into retirement accounts last year. Yes, I think there is a point where you can have too much in there. For example, if you're going to end up with the equivalent of a $10M in today's money tax-deferred account, the RMD at age 70 would be $400K. But for most ...
by kcxie
Wed Apr 27, 2016 10:15 am
Forum: Investing - Theory, News & General
Topic: Dodge & Cox
Replies: 10
Views: 2965

Re: Dodge & Cox

anyone has any opinion about the DODFX (D & C international)? I am wondering if I should keep this or change to Vanguard total international.
by kcxie
Sat Jun 20, 2015 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Question regarding sharing an inheritance:
Replies: 19
Views: 3177

Re: Question regarding sharing an inheritance:

Somehow, I feel that the best way is to setup anonymous trust(revocable) which can gift to your three friends certain amount annually. This way can avoid a lot of unnecessary trouble. You may have the best intention, but you may not get the best result.
by kcxie
Thu Dec 18, 2014 12:07 am
Forum: Personal Finance (Not Investing)
Topic: Helping out family members
Replies: 64
Views: 6779

Re: Helping out family members

Blood is thicker than water!
It is your sibling! Help as much as you can.
Few hundreds dollars gift card or cash.
You will feel rewarded sooner than later.
I doubt this will change your financial outlook much, but may make life change for your sibling!
by kcxie
Mon Nov 17, 2014 11:14 pm
Forum: Personal Investments
Topic: Question about Tax Deferred / Taxable Acct Allocations
Replies: 5
Views: 1075

Re: Question about Tax Deferred / Taxable Acct Allocations

If u want to put more bond in taxable account, just try to use tax exempt fund. My reason to put more equity in tax sheltered account is that you will not touch the money for long time anyway. I put more bond in taxable account for stability. In case I need the money, even I have few years EF already.
by kcxie
Sun Aug 08, 2010 10:41 pm
Forum: Personal Consumer Issues
Topic: Anyone using an HD pocket camcorder?
Replies: 11
Views: 1663

Sony DSC TX7

I use sony DSC TX7. This give your Full HD1080 video and it is touch screen. It is very easy to use and convenient. I love it. Give it a try.
by kcxie
Tue Dec 29, 2009 9:33 pm
Forum: Personal Consumer Issues
Topic: Transferring Money Overseas
Replies: 16
Views: 2695

it is called moneygram, you do not need any identification. just take your cash. and they will give your a number and you can call your friends this secret code number, he or she can go to local bank to get the money right away. Good luck.
by kcxie
Tue Jul 28, 2009 11:02 am
Forum: Personal Consumer Issues
Topic: Ethnic foods you enjoy...
Replies: 57
Views: 11933

I just eat everything

I just like every kind of food on the market. actually I more like indexing all of the different ethnic food to make sure I get above average results. we are bogleheads anyway.
by kcxie
Tue Jan 06, 2009 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: Tipping at Buffets at Restaurants
Replies: 81
Views: 12906

buffet is good for bogleheads

I think buffet fit us boglehead very well. with so much choice on the menu in the restarurant, it is really difficulty to make sure you get the best food/nutrition. at buffet, you have the advantage of indexing every type of food available to gurantine that you get at lest average value of your doll...
by kcxie
Thu Dec 18, 2008 10:30 pm
Forum: Investing - Theory, News & General
Topic: can I have solo 401K if I already have another 401K plan?
Replies: 4
Views: 1338

can I have solo 401K if I already have another 401K plan?

I am currently employed by one company which provided 401k plan, I contribute to the maximum. I also do some independent consulting job with some significant income. Can I open another solo 401K plan for my self like in Vanguard?
any response is appreciated.