Search found 86 matches

by broslami
Tue Mar 20, 2018 8:30 am
Forum: Investing - Help with Personal Investments
Topic: 50% of my portfolio in FANG - 15% in NVDA
Replies: 64
Views: 7251

Re: 50% of my portfolio in FANG - 15% in NVDA

Right now I have around half my retirement fund in Facebook and Google and Amazon. Is this strategy awesome or am I setting myself up for doom? Facebook sheds nearly $40 billion of market cap as investors flee stock By Mark DeCambre and Emily Bary Published: Mar 19, 2018 4:22 p.m. ET Non issue - lo...
by broslami
Mon Mar 19, 2018 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Buy bonds or pay down mortgage
Replies: 19
Views: 1724

Re: Buy bonds or pay down mortgage

Mortgage of $370k left at 4.375% In my other thread, people are recommending I buy more bonds for my advanced age (44) However wondering if it might just be more prudent to put say $20k into mortgage vs another $20k into FSITX? I would anticipate interest rates to increase gradually...and looks lik...
by broslami
Mon Mar 19, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Buy bonds or pay down mortgage
Replies: 19
Views: 1724

Re: Buy bonds or pay down mortgage

Thanks for your replies! One other point to consider The home is essentially a duplex which I airbnb. When I live in one unit, I'd say like 90% of the expenses are covered through rental income. If I live nomadically like I'm doing now, The home has about $1-$2k month cash flow positive. So it's not...
by broslami
Mon Mar 19, 2018 8:52 am
Forum: Investing - Help with Personal Investments
Topic: Buy bonds or pay down mortgage
Replies: 19
Views: 1724

Buy bonds or pay down mortgage

Mortgage of $370k left at 4.375% In my other thread, people are recommending I buy more bonds for my advanced age (44) However wondering if it might just be more prudent to put say $20k into mortgage vs another $20k into FSITX? I would anticipate interest rates to increase gradually...and looks like...
by broslami
Mon Mar 19, 2018 1:45 am
Forum: Personal Finance (Not Investing)
Topic: Bought house six months ago - now feeling like we're treading water and can't save money
Replies: 189
Views: 17897

Re: Bought house six months ago - now feeling like we're treading water and can't save money

For your home, can you get an airbnb going on the side? That could help defray your home costs. However, that might not be practical with a kid in the home and i don't know what your set up is. Frugality is good but the biggest thing would be to increase your $$ take home. Is there some kind of "sid...
by broslami
Sun Mar 18, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to convert s-corp to llc?
Replies: 9
Views: 1008

Re: Does it make sense to convert s-corp to llc?

Some details are needed to provide meaningful advice. What was your business revenue last year? What reasonable salary do you need to pay yourself? Do you have income from other sources, specifically W2 income? What state are you in? $320k I paid myself $140k to take advantage of solo 401k in arizona
by broslami
Sun Mar 18, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to convert s-corp to llc?
Replies: 9
Views: 1008

Does it make sense to convert s-corp to llc?

I made my business an s-corp at the advice of my accountant; supposedly to save on taxes. However, Im finding the complexities of running this to be expensive... in particular running payroll, complex taxes that require accountants, bookkeepers, etc. I'm wondering for simplicity if it might just mak...
by broslami
Sat Mar 17, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Good stock/ bond allocation for middle aged dude?
Replies: 33
Views: 3458

Re: Good stock/ bond allocation for middle aged dude?

Thank you, it sounds iike from everyone's advice something like 70 30 would be more sensible That said, it seems to be that there is a good amount of risk going into bonds as well Equities seem to provide better inflation protection that bonds do What is the potential downside if I Shift a lot into ...
by broslami
Fri Mar 16, 2018 6:54 am
Forum: Investing - Help with Personal Investments
Topic: Good stock/ bond allocation for middle aged dude?
Replies: 33
Views: 3458

Re: Good stock/ bond allocation for middle aged dude?

broslami, Really? Do you mean that they are rich enough to buy Ali Baba? https://www.technologyreview.com/s/609038/chinas-ai-awakening/ KlangFool Not AliBaba, but I was thinking FB buying Instagram crushing Snap, etc. :) I'd be very surprised if Snap goes anywhere. The behemoths like AliBaba (which...
by broslami
Fri Mar 16, 2018 4:55 am
Forum: Investing - Help with Personal Investments
Topic: Good stock/ bond allocation for middle aged dude?
Replies: 33
Views: 3458

Re: Good stock/ bond allocation for middle aged dude?

, but they have so much $$ that any threat can be acquired or rapidly countered. broslami, Really? Do you mean that they are rich enough to buy Ali Baba? https://www.technologyreview.com/s/609038/chinas-ai-awakening/ KlangFool Not AliBaba, but I was thinking FB buying Instagram crushing Snap, etc. ...
by broslami
Fri Mar 16, 2018 4:47 am
Forum: Personal Finance (Not Investing)
Topic: I owe $50k in 2017 taxes. Where can I find a good accountant/ bookkeeper? Or DIY?
Replies: 26
Views: 3665

Re: I owe $50k in 2017 taxes. Where can I find a good accountant/ bookkeeper? Or DIY?

Look on the bright side, you must have made some good gains to be paying that much in taxes. Some simple sanity checks would be what is your average tax rate? Total taxes paid/Total income? Do some rought tax liability calculations on various income sources. Say 30% on income, 20% on capital gains....
by broslami
Thu Mar 15, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: I owe $50k in 2017 taxes. Where can I find a good accountant/ bookkeeper? Or DIY?
Replies: 26
Views: 3665

I owe $50k in 2017 taxes. Where can I find a good accountant/ bookkeeper? Or DIY?

My accountant just told me I owe $50k in taxes I have no idea if this is right or not, and all accountants I talk to are completely flakey and never get back to me timely. I'm not sure if i should just do it myself on turbotax? I have an S-Corp (solo) and LLC for rental. Any idea how a) I can make s...
by broslami
Thu Mar 15, 2018 3:05 am
Forum: Personal Finance (Not Investing)
Topic: Do you consider an emergency fund as part of your overall allocation?
Replies: 24
Views: 2283

Do you consider an emergency fund as part of your overall allocation?

So for example if you have 90% stocks 10% bonds and an emergency fund of 10% of the total portfolio value, would you consider that as an 80/20 allocation?
by broslami
Thu Mar 15, 2018 2:51 am
Forum: Investing - Help with Personal Investments
Topic: Good stock/ bond allocation for middle aged dude?
Replies: 33
Views: 3458

Re: Good stock/ bond allocation for middle aged dude?

, but they have so much $$ that any threat can be acquired or rapidly countered. broslami, Really? Do you mean that they are rich enough to buy Ali Baba? https://www.technologyreview.com/s/609038/chinas-ai-awakening/ KlangFool Not AliBaba, but I was thinking FB buying Instagram crushing Snap, etc. ...
by broslami
Wed Mar 14, 2018 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Good stock/ bond allocation for middle aged dude?
Replies: 33
Views: 3458

Re: Good stock/ bond allocation for middle aged dude?

I put all my money in tech stocks I know because that is the field I work in and understand the companies quite well. That said, I have come on board the Bogle train so am looking to build up smartly after some of my smart or some might more accurately say lucky equity selections (NVDA, GOOGL, AMZN...
by broslami
Wed Mar 14, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Good stock/ bond allocation for middle aged dude?
Replies: 33
Views: 3458

Re: Good stock/ bond allocation for middle aged dude?

Broslami- Welcome to BH. I agree with Blooms comments. If you are asking for opinions, we would need more information. Do you plan to retire early ? Do you have 25X/33X or 50X your annual expenses ? Do you own a business to sell ? or expect an inheritance ? Expect Pension ? Job Stability ? Income l...
by broslami
Wed Mar 14, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Good stock/ bond allocation for middle aged dude?
Replies: 33
Views: 3458

Good stock/ bond allocation for middle aged dude?

I am 44 years old Is 90/10 a good allocation? That is what I'm doing currently. I won't need the cash anytime soon. Of the 90%, I have about 1/2 in individual equities, and 1/2 in a low cost US index fund. I have about 5% in International index fund. I started out buying lots of tech stocks, and it'...
by broslami
Tue Mar 13, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investing proceeds from home sale
Replies: 4
Views: 450

Re: Investing proceeds from home sale

I'd stay all in cash. I like the 360 MMA - it's not the highest interest rate, but it's there when I need it, has a decent web interface, and I have other accounts so the convenience works. As interest rates rise over the next few years, there should be downward pressure on home prices. A few years ...
by broslami
Tue Mar 13, 2018 9:35 pm
Forum: Investing - Theory, News & General
Topic: Is HSA Bank + TD Ameritrade still the best HSA choice?
Replies: 81
Views: 15839

Re: Is HSA Bank + TD Ameritrade still the best HSA choice?

I'm moving my HSA Bank + TDA to Lively + TDA. The $2.50 comes from your checking account as posters above have mentioned -- $2.50/mo in regular dollars is substantially better than $5.50 in tax-advantaged dollars. This isn't highlighted anywhere near enough! I'm trying to do the same thing but afte...
by broslami
Sun Mar 04, 2018 12:46 am
Forum: Investing - Help with Personal Investments
Topic: Best way to short the equity market
Replies: 93
Views: 5648

Re: Best way to short the equity market

Sell puts against the S&P

When it crashes you can buy in cheap and earn income in the meantime
by broslami
Thu Mar 01, 2018 4:42 am
Forum: Investing - Theory, News & General
Topic: AAPL, AMZN, or GOOG?
Replies: 95
Views: 9745

Re: AAPL, AMZN, or GOOG?

What is your bet for the next 20 years? Apple has the cell phone/tablet industry on lock. Amazon has online shopping on lock. Google has the interwebs/data on lock. They all have inter lapping markets (online video, home automation, software) but are also unique. My suspicion is they, and Facebook,...
by broslami
Thu Mar 01, 2018 4:38 am
Forum: Investing - Theory, News & General
Topic: AAPL, AMZN, or GOOG?
Replies: 95
Views: 9745

Re: AAPL, AMZN, or GOOG?

Amazon is best positioned. Valuation cannot be judged by EPS. These guys continue to reinvest all cash flow.

Then barely slightly behind is Google. Cash machine + brilliant technology.

Apple is great. Still really cheap despite run up in prices. Cash on hand is sick.
by broslami
Thu Feb 22, 2018 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about selling GE to invest in an index fund
Replies: 25
Views: 3120

Re: Thinking about selling GE to invest in an index fund

These are the original 12 companies in the dow Jones in 1896 B.B - (before bogle) American Cotton Oil Company American Sugar Company American Tobacco Company Chicago Gas Company Distilling & Cattle Feeding Company Laclede Gas Company National Lead Company North American Company Tennessee Coal, Iron ...
by broslami
Thu Feb 22, 2018 10:09 am
Forum: Personal Consumer Issues
Topic: CBD oil recommendations? [Cannabidiol oil]
Replies: 3
Views: 593

CBD oil recommendations? [Cannabidiol oil]

Have you had success with CBD oil? I'm looking at Functional Remedies to try. They have a sweepstakes for a free year of CBD on their site which someone sent me to from Facebook, ostensibly to increase their chances of winning. Do you know any other good CBD brands?
by broslami
Tue Feb 20, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off $372000 mortgage in 12 months
Replies: 46
Views: 7728

Re: Paying off $372000 mortgage in 12 months

If they're pulling in $30k plus per month, they don't get to use the mortgage interest deduction. They're over the income limit for that.... way over it. If this is a rental property, I see no point in throwing every extra dollar at it though. If someone else, the renter, is paying the mortgage and...
by broslami
Tue Feb 20, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 105
Views: 11210

Re: What's your cash position

2/3 equities
1/3 cash
by broslami
Tue Feb 20, 2018 6:00 am
Forum: Personal Finance (Not Investing)
Topic: Paying off $372000 mortgage in 12 months
Replies: 46
Views: 7728

Re: Paying off $372000 mortgage in 12 months

If you can find $30k/month then I don't really see the urgency in paying it off. You have enough income that you could pay it off quickly whenever you want, and knowing you could pay it off is psychologically not that far from actually paying it off. What's the rate on the mortgage? Is it fixed rat...
by broslami
Mon Feb 19, 2018 1:10 am
Forum: Personal Finance (Not Investing)
Topic: Advice for DIY bookkeeping for S-Corp owner? Software/ systems?
Replies: 2
Views: 405

Advice for DIY bookkeeping for S-Corp owner? Software/ systems?

I have tried to work with accountants and bookkeepers before for the past few years but they all seem super-flakey and just fall off the face of the earth whenever I email them and ask them questions. I'm thinking about doing bookkeeping + taxes myself, but I tried Quickbooks online once at advice o...
by broslami
Mon Feb 19, 2018 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Looking for some help and fast (buying vs renting, net worth)
Replies: 52
Views: 4007

Re: Looking for some help and fast (buying vs renting, net worth)

I think it depends on what you'll be doing with the difference and also what interest rates will be 7-8 months from now, among other factors. Wages are going up which it hasn't in a long time. Sounds great, except that means inflation is picking up since everyone's getting more money such chasing af...
by broslami
Sun Feb 18, 2018 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: What home related expenses do I need to think of?
Replies: 16
Views: 1073

Re: What home related expenses do I need to think of?

Blue Man,

Furniture and a bed. Plus if there's a Blue Woman, whatever she will want to buy to outfit the joint.

And what the above said
by broslami
Sun Feb 18, 2018 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off $372000 mortgage in 12 months
Replies: 46
Views: 7728

Paying off $372000 mortgage in 12 months

Hello, I've recently gotten the debt free bug and trying to reform my profligate ways. I have $372,000 left on my mortgage. I've set a goal of paying it off in 12 months. I have around $90k in cash after paying off my car. Assuming I put $50k into that to start, that would be about $30k per month to...
by broslami
Sun Feb 18, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Ok, so I paid off my car...now what about auto insurance?
Replies: 7
Views: 1338

Ok, so I paid off my car...now what about auto insurance?

So I am feeling boggly after paying off my auto

Wondering what sort of impact, if any, this should have on the auto insurance I'm paying?
by broslami
Sun Feb 18, 2018 3:52 am
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 7412

Re: I think US interest rates could drop.

its possible. a more likely scenario is inflation is picking up so interest rates will go up.
by broslami
Sun Feb 11, 2018 4:16 am
Forum: Investing - Help with Personal Investments
Topic: Stay the course?
Replies: 65
Views: 7885

Re: Stay the course?

No, you should probably sell everything. You'll think back on this time and thank broslami.
by broslami
Sat Feb 10, 2018 4:00 am
Forum: Investing - Help with Personal Investments
Topic: Market Drop - Good Entry point?
Replies: 9
Views: 1518

Re: Market Drop - Good Entry point?

The best entry point is 20 years ago. The second best entry point is right now.
by broslami
Tue Feb 06, 2018 4:24 am
Forum: Investing - Theory, News & General
Topic: Short NVDA?
Replies: 11
Views: 1162

Re: Short NVDA?

I have been long NVDA since the 20's. It's now 15% of my portfolio. I sold $5k 2 days ago just because.

So, no. Long and strong.
by broslami
Mon Feb 05, 2018 6:03 am
Forum: Personal Finance (Not Investing)
Topic: Shorting AGG
Replies: 5
Views: 568

Shorting AGG

What do you think of the logic of shorting a high quality bond fund? Outgoing Fed chair Janet Yellen noted in her last meeting as the head of the US Federal Reserve January 31 that market-based inflation measures have been increasing of late and prices are projected to move higher in the near term. ...
by broslami
Sat Feb 03, 2018 12:35 pm
Forum: Investing - Theory, News & General
Topic: Amazon Stock - Can this giant be stopped?
Replies: 66
Views: 4924

Re: Amazon Stock - Can this giant be stopped?

Amazon is a good chunk of my portfolio

It's best play in tech currently

Valuing Amazon on EPS is missing the point,it's all about revenue + growth.

I don't see it being stopped. Despite run up is still a good buy that you won't regret in 20 years.
by broslami
Thu Feb 01, 2018 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: Need some investment suggestion: will market crash big?
Replies: 21
Views: 2728

Re: Need some investment suggestion: will market crash big?

New York real estate is crazy expensive. Plus HOAs, taxes fees, etc etc. Maybe you want to go out for a meal? $300k doesn't go as far as you'd think in Manhattan. So yes, the market is going to crash big. And then it's going to go back up. And then crash again. And up etc. That's kind of how it work...
by broslami
Tue Jan 30, 2018 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Forget Bitcoin! Bananacoin is here!
Replies: 12
Views: 2226

Re: Forget Bitcoin! Bananacoin is here!

There's limited supply = it's kind of like gold! = where do I buy?
by broslami
Tue Jan 30, 2018 2:11 am
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 23392

Re: I bought a stock today - Redfin (RDFN)

A wonderful company =/= a wonderful stock

Unfortunately, this isn't even a wonderful company.

Good luck on it tho.
by broslami
Mon Jan 29, 2018 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 261
Views: 38544

Re: New HSA provider Lively offers investments for $30/yr fee

Anyone advice on here move from people who've moved from HSA Bank + TDAmeritrade to Lively + TDAmeritrade? Need to do it soon and so am not sure if I need to sell (and rebuy) my investments in TDAmeritrade when I make the switch. I'm actually in process of doing this exact thing right now. You just...
by broslami
Mon Jan 29, 2018 6:39 am
Forum: Investing - Help with Personal Investments
Topic: Invest in another rental property, pay debt, or index funds?
Replies: 5
Views: 806

Invest in another rental property, pay debt, or index funds?

Background 44, single, self-employed $330k/yr income $525 home, $383k mortgage @4.3% $33k car loan @4.4% $230k retirement - 50% in NVDA, GOOGL, FB, AMZN, V, JNJ (Currently trimming a few of these to add to bond index) 50% equity index fund $120k cash I purchased this home in August and I am AirBnBin...
by broslami
Mon Jan 29, 2018 2:55 am
Forum: Investing - Help with Personal Investments
Topic: Really hard to sell when the market is doing well!
Replies: 7
Views: 1684

Really hard to sell when the market is doing well!

I feel like I'm starting to earn some Boglehead stripes tonight. I mentioned in another thread that I had overweight tech like crazy - in particular started buying NVDA in 20's and now at $240 in 2 years, and is now grown to 15% of my portfolio. The two hardest decisions were a) rebuying another tra...
by broslami
Sun Jan 28, 2018 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: What to do about bond allocation in 2018?
Replies: 2
Views: 801

What to do about bond allocation in 2018?

What to do about bonds here in 2018 as we enter the tightening cycle. I'm no Bill Gross obviously, but seems to me like bond funds are a bad place to be in a rising interest rate environment. Wouldn't the declining value of the bond fund overcome the increase in yield that you would likely see? Or w...
by broslami
Fri Jan 26, 2018 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: 50% of my portfolio in FANG - 15% in NVDA
Replies: 64
Views: 7251

Re: 50% of my portfolio in FANG - 15% in NVDA

Thanks for everyone's feedback.

I think where I've aligned is to keep what I have and start adding most of new capital to index funds.

I'm pretty clear that indexing + the tech names I own is the way to go for quite a while yet.

Thanks
by broslami
Fri Jan 26, 2018 4:17 am
Forum: Personal Finance (Not Investing)
Topic: Thinking through Paying Down the Mortgage
Replies: 58
Views: 4896

Re: Thinking through Paying Down the Mortgage

Keep the mortgage

It's cheap money

More importantly, a mortgage is the only way the average person has to short the US dollar.
by broslami
Fri Jan 26, 2018 3:43 am
Forum: Investing - Help with Personal Investments
Topic: Buying a home - Financial Benefits? HCOL
Replies: 75
Views: 4502

Re: Buying a home - Financial Benefits? HCOL

Owning a home is financial suicide: https://jamesaltucher.com/2015/10/own-house/

Buying a home to rent it out is a different matter.
by broslami
Fri Jan 26, 2018 12:49 am
Forum: Investing - Help with Personal Investments
Topic: Invest or wait?
Replies: 21
Views: 2639

Re: Invest or wait?

I would probably go to a cave and meditate on the future. When you have a good feeling in your belly, then it is likely the time to invest. Plus you could also invest when the market implodes and everyone thinks the world is going to end. If you invest at one of these two times you'll be ok. People ...