Search found 261 matches

by cdu7
Sun May 26, 2019 8:49 am
Forum: Personal Consumer Issues
Topic: No more print Money magazine
Replies: 87
Views: 8561

Re: No more print Money magazine

Wait, what’s a magazine again?
by cdu7
Sun May 26, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Close to making an offer on a home
Replies: 65
Views: 5202

Re: Close to making an offer on a home

You said there is a high chance you would need to move in the next few years for work reasons. If that really is the case then I would seriously reconsider the need to buy. Also there are many markets (especially VHCOL areas) in which renting is a better financial deal than owning most of the time. ...
by cdu7
Sun May 26, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: 4M 70K expenses would you stop?
Replies: 105
Views: 10736

Re: 4M 70K expenses would you stop?

I know a doctor in his late 70s with comparable expenses and a portfolio well over yours and he doesn’t plan to stop working until someone makes him or he keels over. That said you can retire without fear as far as the numbers go.
by cdu7
Sun May 26, 2019 8:28 am
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 62
Views: 7207

Re: “Upsizing” are we foolish?

Don’t forget to factor in HOA/assessment monthly fees if you are moving into a townhome.
by cdu7
Tue May 14, 2019 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Calling online bank to ask for a bonus?
Replies: 8
Views: 937

Calling online bank to ask for a bonus?

With all the talk about online bank bonus offers, I was wondering if anyone has tried simply calling up their bank and asking for a bonus. Has anyone done this, has it worked?
by cdu7
Mon May 13, 2019 7:55 am
Forum: Personal Consumer Issues
Topic: Summer Vacation UK vs. Spain
Replies: 41
Views: 2868

Re: Summer Vacation UK vs. Spain

I saw a bit late that your trip is second half of June or I would have recommended Alicante - we go there every second year in late June to catch the biggest fiesta in Spain - Las Hogueras de St Joan. A week long of serious festivities (parades, food tents, music, fireworks, a night of beach bonfir...
by cdu7
Sun May 12, 2019 9:12 am
Forum: Personal Consumer Issues
Topic: Summer Vacation UK vs. Spain
Replies: 41
Views: 2868

Re: Summer Vacation UK vs. Spain

Ok so I’ve booked flights and accommodations for a 10 day trip to Barcelona. We got an apartment in the Eixample neighborhood and decided to just do day trips to surrounding small cities by train, rather than try to pack everything and move around during the trip. I got an awesome deal on the flight...
by cdu7
Sat May 11, 2019 9:03 am
Forum: Personal Consumer Issues
Topic: Summer Vacation UK vs. Spain
Replies: 41
Views: 2868

Re: Summer Vacation UK vs. Spain

We have booked flights in mid-June for a 10 day trip. Our next step is picking accommodations and determining whether to rent a car. First question is the Gracia district a good place to stay for our "primary" hub during the first week? I'm thinking we will stay 4 nights in Barcelona then go out to ...
by cdu7
Thu May 09, 2019 12:32 pm
Forum: Investing - Theory, News & General
Topic: Stocks really "Chernobyl" risky for people near/in retirement?
Replies: 23
Views: 2913

Re: Stocks really "Chernobyl" risky for people near/in retirement?

I really disagree, simply based on all the model's I've looked at in terms of risk. I think a healthy stock/bond allocation (i.e. 50/50 60/40) is extremely safe for 99.9% of retirees. Let's leave the Chernobyl risk to HBO (really awesome miniseries btw).
by cdu7
Thu May 09, 2019 12:18 pm
Forum: Personal Investments
Topic: windfall management
Replies: 38
Views: 3445

Re: windfall management

thanks for the input. i very much haven't 'won the game' yet. i agree i need to move from cash to the market. to all of those recommending throwing a lump sum in, you would feel comfortable putting in 7 figures in the market this month?? i appreciate the insight into spending/expenses as I am perso...
by cdu7
Thu May 09, 2019 11:47 am
Forum: Personal Consumer Issues
Topic: Summer Vacation UK vs. Spain
Replies: 41
Views: 2868

Re: Summer Vacation UK vs. Spain

Thanks so much for all of your awesome advice so far! We hope to have our plans finalized by this weekend. I love the idea of splitting between Barcelona and San Sebastian. Also thanks for all the advice on AirBnb / myTaxi.
by cdu7
Thu May 09, 2019 11:42 am
Forum: Personal Investments
Topic: Hedge against the decline of the Realtor profession
Replies: 48
Views: 4127

Re: Hedge against the decline of the Realtor profession

I feel like this is the wrong question to ask since there are many stocks that a former travel agent "should have" invested in that would have had far higher returns than Expedia (netflix anyone?). We aren't here to pick and choose winning stocks, we are here to invest in the whole market and let it...
by cdu7
Tue May 07, 2019 8:48 am
Forum: Personal Consumer Issues
Topic: Summer Vacation UK vs. Spain
Replies: 41
Views: 2868

Re: Summer Vacation UK vs. Spain

Thanks in part to all the advice, we have decided on Spain. Does anyone know a good way to go about planning a Spain vacation? In the past I’ve used preorganized tours or relied on family advice, but this time I want to try and book everything myself. Any suggestions for a 2 week trip?
by cdu7
Sun May 05, 2019 7:16 pm
Forum: Personal Consumer Issues
Topic: Summer Vacation UK vs. Spain
Replies: 41
Views: 2868

Re: Summer Vacation UK vs. Spain

Colorado13 wrote:
Sun May 05, 2019 7:15 pm
How old are the kids?
Ones a baby, the other is 5.
by cdu7
Sun May 05, 2019 6:48 pm
Forum: Personal Consumer Issues
Topic: Summer Vacation UK vs. Spain
Replies: 41
Views: 2868

Summer Vacation UK vs. Spain

My wife and I are trying to decide whether to visit the UK or Spain this summer. I'd appreciate input from anyone who has visited either or both countries. Is the UK an overall "easier" trip due to language etc? Is Spain the more "memorable" trip with scenic views etc? I'm very much leaning towards ...
by cdu7
Sat May 04, 2019 2:52 pm
Forum: Personal Consumer Issues
Topic: Windows Update Nightmare
Replies: 2
Views: 839

Windows Update Nightmare

After installing the latest cumulative update for Windows 10, my system was unable to restart successfully. Every time I would force restart I would get the same loading circle with no change. I was finally able to do a system restore. Oddly enough after running the update again, everything proceede...
by cdu7
Wed May 01, 2019 11:15 am
Forum: Personal Investments
Topic: Intel sell or hold NOW sold.
Replies: 67
Views: 4856

Re: Intel sell or hold

Thanks for the heads up, sold some old Intel today as well and moved into total market.
by cdu7
Tue Apr 30, 2019 7:45 pm
Forum: Personal Consumer Issues
Topic: Man’s life savings stolen from hijacked cellphone number
Replies: 180
Views: 16475

Re: Man’s life savings stolen from hijacked cellphone number

I made this thread hoping to feel safer after reading all the replies. Ironically I now feel more paranoid than ever.
by cdu7
Sun Apr 28, 2019 8:05 am
Forum: Personal Consumer Issues
Topic: Man’s life savings stolen from hijacked cellphone number
Replies: 180
Views: 16475

Man’s life savings stolen from hijacked cellphone number

https://www.nbcbayarea.com/news/local/M ... 97961.html

Really scary stuff, the scammers used an AT&T call center workers to pull off a theft of over a million in life savings. Happened in minutes. Apparently the SIM card transfer is very common.
by cdu7
Thu Apr 11, 2019 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Replacing Main car to get better safety features
Replies: 51
Views: 2157

Re: Replacing Main car to get better safety features

I refuse to upgrade my 13 year old camry because of all the annoying new "safety" features. Backup cameras / warning sensors / etc, the cars are loaded in tech. Now if I have a minor fender bender it's thousands and thousands to replace all these sensors, when before it would just be a cheap plastic...
by cdu7
Fri Apr 05, 2019 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Anxiety about car/house purchase
Replies: 28
Views: 2900

Re: Anxiety about car/house purchase

Ordinarily I’d recommend being frugal in auto purchases, but in your case not buying new luxury cars seems like the crazy choice. You clearly have had tremendous family support putting you on third base from the start. You have tons of savings at the very beginning of a medical career (most are in m...
by cdu7
Tue Apr 02, 2019 12:55 pm
Forum: Personal Investments
Topic: I bought a stock for the first time.
Replies: 66
Views: 4053

Re: I bought a stock for the first time.

I’ll think about buying some Lyft when it hits $30 a share.
by cdu7
Sun Mar 31, 2019 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Paying Estimated Taxes with Direct Pay
Replies: 3
Views: 436

Paying Estimated Taxes with Direct Pay

So I just paid my estimated taxes with Direct Pay for the first time (I used to mail). It was amazingly easy to do, but they said they would email a confirmation which has yet to happen. For those who have used this service before how long before a confirmation email shows up. Also how long before t...
by cdu7
Fri Mar 29, 2019 6:31 am
Forum: Personal Finance (Not Investing)
Topic: Anybody else get a huge tax increase due to SALT deduction changes?
Replies: 101
Views: 7173

Re: Anybody else get a huge tax increase due to SALT deduction changes?

Being married with kids helps a lot: double standard deduction, higher bracket limits, child tax credits. All of those essentially evened it out for us. We may have still paid a bit more, but your case seems especially painful losing 80k+ deductions.
by cdu7
Wed Mar 27, 2019 6:30 am
Forum: Personal Finance (Not Investing)
Topic: Are family vacations considered a reportable gift?
Replies: 33
Views: 3722

Re: Are family vacations considered a reportable gift?

I think officially you are supposed to. Will someone come after you if you didn’t, probably not, but I’d still advise going with the letter of the law.
by cdu7
Wed Mar 27, 2019 6:26 am
Forum: Personal Finance (Not Investing)
Topic: OK to give adult offspring job but not unearned salary?
Replies: 9
Views: 1380

Re: OK to give adult offspring job but not unearned salary?

I would definitely gift up to the maximum non reportable amount every year, perhaps even double it up if you are married (i.e. you and your wife each gift 15k for a total of 30k a year).

If you are gifting in excess of that, aren’t you essentially just borrowing against your future estate?
by cdu7
Sat Mar 23, 2019 10:26 am
Forum: Personal Consumer Issues
Topic: Anybody tempted by the new iPads?
Replies: 37
Views: 3159

Re: Anybody tempted by the new iPads?

New mini is fine, but do not waste money on the new air. The 2017 pro is better in every way (the air is basically this iPad with seriously degraded functionality). Buy the 2017 pro from amazon or used if you are in the market for an air. Honestly the cheap $329 iPad ($250 often on amazon), is the b...
by cdu7
Sat Mar 16, 2019 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Too good to be true or great deal?
Replies: 4
Views: 879

Re: Too good to be true or great deal?

It does appear to be an actual refinance, which also means I could use the opportunity to put some money towards the mortgage and get a lower monthly payment, not sure if it is worth doing that though.
by cdu7
Sat Mar 16, 2019 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Too good to be true or great deal?
Replies: 4
Views: 879

Too good to be true or great deal?

Yesterday I got contacted by the lender I had used to set up our mortgage. Essentially the loan I had been given has a clause that if interest rates dropped more than .25% 6 months after the original loan, they would refinance at no cost. It definitely is the company they say they are (the emails ha...
by cdu7
Tue Mar 12, 2019 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Can or should we afford this house
Replies: 62
Views: 4380

Re: Can or should we afford this house

Yes you can afford it, but it will impact your ability to retire early. Housing isn’t a frivolous expense. If you want this house and it makes sense for your life you should get it.
by cdu7
Wed Mar 06, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: Company ESPP - share price drop after purchase
Replies: 32
Views: 1659

Re: Company ESPP - share price drop after purchase

Faith in the company/ not worrying. It’s a gamble; it paid off for my wife, she has held company stock for years to that significantly outperformed the broader market in that period. Could have gone the other way. If you fear losses, maybe just set limit orders to sell at the price point you are hop...
by cdu7
Tue Mar 05, 2019 7:47 pm
Forum: Personal Investments
Topic: Time to sack Warren Buffett?
Replies: 41
Views: 4141

Re: Time to sack Warren Buffett?

Don’t forget to keep 1 share for the geico discount when you sell. :beer
by cdu7
Tue Mar 05, 2019 7:46 pm
Forum: Personal Investments
Topic: How to Begin with 1M
Replies: 150
Views: 22599

Re: How to Begin with 1M

Welcome to the forum. You're in great shape overall, once you fire that advisor and simplify. Here's my recommendation for starting out: Of course, the very first step is to fire your advisor immediately. Send a polite but firm thank you note saying their services are no longer needed. Then, 1. Kee...
by cdu7
Fri Mar 01, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: Naval on getting rich.
Replies: 79
Views: 9686

Re: Naval on getting rich.

Here is what it takes to get rich quickly: Step 1: Have a decent amount of capital to invest Step 2: Have a higher than normal ability to emotionally withstand extreme risk Step 3: Be in the right place at the right time (I.e. get lucky in terms of an investment opportunity / being made aware of it....
by cdu7
Thu Feb 28, 2019 8:39 pm
Forum: Investing - Theory, News & General
Topic: Why does dividend investing not work?
Replies: 147
Views: 14373

Re: Why does dividend investing not work?

The short answer is that it does work, just not as well as bogleheads investing would work. It’s a relic of a time before index funds really existed.
by cdu7
Wed Feb 27, 2019 8:24 am
Forum: Personal Investments
Topic: Does anyone own gold?
Replies: 78
Views: 7725

Re: Does anyone own gold?

This is likely outside of our lifetimes, but just wait until asteroid mining becomes cost effective. The price of gold, platinum, and many other rare and valuable metals will go the way of aluminum. The nearest asteroid to earth contains far more gold and platinum than has been ever mined in human h...
by cdu7
Mon Feb 25, 2019 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: best way to borrow about $300K for a few months for new house
Replies: 33
Views: 2759

Re: best way to borrow about $300K for a few months for new house

Just get the cheapest ARM you can find and call it a day. If you are lucky they can pay towards some closing costs.
by cdu7
Mon Feb 25, 2019 7:21 am
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 6825

Re: I'm essentially market timing, but can't bring myself to stop.

teelainen wrote:
Sun Feb 24, 2019 11:45 pm
cdu7 wrote:
Sun Feb 24, 2019 10:09 am
180k cash earning roughly 2.6%
cdu7, where are you able to get 2.60% for your cash? Can you please share?

Thanks.
Oops looks like I’m slightly off after double checking, it’s 2.5% in vanguard prime money market. That said I’ve seen 2.6%+ on various cds or direct bonds.
by cdu7
Sun Feb 24, 2019 8:11 pm
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 6825

Re: I'm essentially market timing, but can't bring myself to stop.

Ok, so I have a significant chunk of excess cash ... I want to put it into the market, but I just can't bring myself to pull the trigger. I'm having the same problem as the OP. I have somewhere around $750K to invest in taxable, and based on the advice from this board, I should be allocating it to ...
by cdu7
Sun Feb 24, 2019 7:24 pm
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 6825

Re: I'm essentially market timing, but can't bring myself to stop.

"Housing: roughly 750k total value, one rental/ one home, with 440k debt"? I'm 'Old-School'...and obviously out of touch with the younger generation's way of thinking...but in my simple mind it's a no-brainer...pay down the debt first...then deal with the rest. The interest rates are 3.68 and 4.5 3...
by cdu7
Sun Feb 24, 2019 2:25 pm
Forum: Personal Investments
Topic: I won the game. Now what?
Replies: 16
Views: 4312

Re: I won the game. Now what?

Without more detail it’s hard to give good advice. Are most of these assets in tax deferred accounts? If they are in taxable accounts, why is there a significant tax burden? Are they dividend heavy, are you planning on selling a significant portion of capital gains?
by cdu7
Sun Feb 24, 2019 10:09 am
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 6825

Re: I'm essentially market timing, but can't bring myself to stop.

Fuller update after checking details: 1 million index 3 fund 80/20 450k company stock 180k cash earning roughly 2.6% 315k rental with 105k mortgage at 3.7% (rental getting 2300 a mo with expenses at 1700 a mo, paying off mortgage would reduce monthly expenses by roughly 750) 460k house with 325k mor...
by cdu7
Sun Feb 24, 2019 8:32 am
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 6825

Re: I'm essentially market timing, but can't bring myself to stop.

"Housing: roughly 750k total value, one rental/ one home, with 440k debt"? I'm 'Old-School'...and obviously out of touch with the younger generation's way of thinking...but in my simple mind it's a no-brainer...pay down the debt first...then deal with the rest. The interest rates are 3.68 and 4.5 3...
by cdu7
Sun Feb 24, 2019 7:20 am
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 6825

Re: I'm essentially market timing, but can't bring myself to stop.

The company stock is in addition to the portfolio, but it still represents an unhealthily large part of our net worth. I know what needs to be done, I’ll be setting up auto investment buys and continue to sell the company stock as allowed.
by cdu7
Sat Feb 23, 2019 11:15 am
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 6825

Re: I'm essentially market timing, but can't bring myself to stop.

Because I feel like if a crash happens, I’d be in an amazing position to buy low with our excess cash. I’m fully aware I’m irrational because I don’t know when it will happen and when the bottom will be. You WERE in an amazing position to buy equities in December. Your behavior in December tells me...
by cdu7
Sat Feb 23, 2019 11:04 am
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 6825

Re: I'm essentially market timing, but can't bring myself to stop.

So what has your experience been when there is a big market drop? What did you do on December 24, 2018? That will tell you how you react to waiting for a big market drop. I tax loss harvested some stock into a total market fund to reach 3k in losses for the year. That’s about it. I know I should ha...
by cdu7
Sat Feb 23, 2019 10:41 am
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 6825

Re: I'm essentially market timing, but can't bring myself to stop.

"Housing: roughly 750k total value, one rental/ one home, with 440k debt"? I'm 'Old-School'...and obviously out of touch with the younger generation's way of thinking...but in my simple mind it's a no-brainer...pay down the debt first...then deal with the rest. The interest rates are 3.68 and 4.5 3...
by cdu7
Sat Feb 23, 2019 10:24 am
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 6825

Re: I'm essentially market timing, but can't bring myself to stop.

We have a 3 fund already, the issue is in moving money We currently have in the form of cash / company stock into the 3 fund all at once. This company stock literally doubled in value in the past two years, my wife thinks it’s a winner (understandably so) and won’t let me dump it all and definitely...
by cdu7
Sat Feb 23, 2019 10:17 am
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 6825

Re: I'm essentially market timing, but can't bring myself to stop.

I tax loss harvested some stock into a total market fund to reach 3k in losses for the year. That’s about it. I know I should have bought more stock at that time. This actual behavior tells me that you actually don't buy when the market has the drop that you were waiting for. You are a terrible mar...
by cdu7
Sat Feb 23, 2019 10:13 am
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 6825

Re: I'm essentially market timing, but can't bring myself to stop.

We have a 3 fund already, the issue is in moving money We currently have in the form of cash / company stock into the 3 fund all at once. This company stock literally doubled in value in the past two years, my wife thinks it’s a winner (understandably so) and won’t let me dump it all and definitely ...