Search found 25 matches

by vfinx
Wed Jan 06, 2021 2:34 am
Forum: US Chapters
Topic: Your USER NAME...what does it mean?
Replies: 555
Views: 76559

Re: Your USER NAME...what does it mean?

First stock/fund that I purchased. Still a sentimental favorite :)
by vfinx
Thu Dec 31, 2020 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: So what kind of raise did you guys get for 2021?
Replies: 167
Views: 10909

Re: So what kind of raise did you guys get for 2021?

Won’t know until March but I’m honestly just happy to have a job. I’m mostly compensated in stock, and our ticker has swung more than 7X from the lowest to highest point this year so it’s been quite an emotional roller coaster. I really hope for much less volatility next year but I suspect that wish...
by vfinx
Mon Nov 23, 2020 12:53 am
Forum: Personal Consumer Issues
Topic: Should I buy a new BMW X3?
Replies: 37
Views: 3452

Re: Should I buy a new BMW X3?

I had an X3 of the previous generation (F25) for a few years and liked it a lot. Spring for the bigger engine if you can. It’s not just about the speed or power specs. It just feels a lot better, even when you’re not pushing it. For me it was a great balance of sportiness, efficiency, refinement, co...
by vfinx
Fri Nov 13, 2020 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: High Earner Careers?
Replies: 305
Views: 49529

Re: High Earner Careers?

Hi everyone, I hope I’m posting this in the correct area. First I want to thank everyone for sharing so much knowledge, I’ve learned a lot from reading on these forums but as I read through the posts I’m always amazed at how much some of people on this forum make for a living. I’ve seen many making...
by vfinx
Fri Nov 06, 2020 1:42 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4496

Re: severance negotiation

In my industry, it’s a generally accepted practice that once someone has decided to leave, they set aside grievances, and spend their last weeks helping their team transition. This is because the world is small, and doing anything else can really stain one’s reputation. And that reputation is much m...
by vfinx
Sun Sep 27, 2020 11:46 am
Forum: Personal Consumer Issues
Topic: Talk me into buying a Tesla Model Y
Replies: 86
Views: 7550

Re: Talk me into buying a Tesla Model Y

Figured I'd check to see what Consumer Reports says about this: "The Tesla's ride is too stiff and very choppy. Bumps and ruts hit hard, making passengers feel every road imperfection, and the ride motions are short and quick, which makes the car feel nervous." This hits it on the head. I...
by vfinx
Sat Sep 26, 2020 10:22 pm
Forum: Personal Consumer Issues
Topic: Talk me into buying a Tesla Model Y
Replies: 86
Views: 7550

Re: Talk me into buying a Tesla Model Y

Figured I'd check to see what Consumer Reports says about this: "The Tesla's ride is too stiff and very choppy. Bumps and ruts hit hard, making passengers feel every road imperfection, and the ride motions are short and quick, which makes the car feel nervous." This hits it on the head. T...
by vfinx
Sat Sep 26, 2020 9:47 pm
Forum: Personal Consumer Issues
Topic: Carvana or Vroom- ever use it?
Replies: 65
Views: 5718

Re: Sell My Car To Carvana?

I also had a seamless selling experience to Carvana. I wasn't actually trying to sell my car but heard through other forums that they were making crazy offers, which turned out to be true. I will say though that they barely inspected my car. I probably wouldn't buy from Carvana, unless I was willing...
by vfinx
Sat Sep 26, 2020 9:34 pm
Forum: Personal Consumer Issues
Topic: Talk me into buying a Tesla Model Y
Replies: 86
Views: 7550

Re: Talk me into buying a Tesla Model Y

Figured I'd check to see what Consumer Reports says about this:

"The Tesla's ride is too stiff and very choppy. Bumps and ruts hit hard, making passengers feel every road imperfection, and the ride motions are short and quick, which makes the car feel nervous."

This hits it on the head.
by vfinx
Sat Sep 26, 2020 9:28 pm
Forum: Personal Consumer Issues
Topic: Talk me into buying a Tesla Model Y
Replies: 86
Views: 7550

Re: Talk me into buying a Tesla Model Y

Of note, Tesla itself says that the Model Y ride is more harsh with just one person in it, and improves when multiple people are inside. So if you are going to be the sole passenger most of the time, be sure you drive it alone rather than bringing your entire family along on the test drive so you c...
by vfinx
Sat Sep 26, 2020 9:12 pm
Forum: Personal Consumer Issues
Topic: Talk me into buying a Tesla Model Y
Replies: 86
Views: 7550

Re: Talk me into buying a Tesla Model Y

I was set on a Model Y. I even put in a $100 order fee a few weeks ago. An EV suits my situation very well. I unexpectedly had a free day to do a test drive. When I got into the car I loved everything. The driving position is great, and my expectations regarding build quality were set appropriately ...
by vfinx
Wed Jun 17, 2020 7:56 am
Forum: Personal Investments
Topic: Situation Review
Replies: 25
Views: 1797

Re: Situation Review

I hold zero vested stock in my company. I've been selling it as it vests.
by vfinx
Tue Jun 16, 2020 5:52 pm
Forum: Personal Investments
Topic: Situation Review
Replies: 25
Views: 1797

Re: Situation Review

smitcat wrote: Tue Jun 16, 2020 4:10 pm RSU's are taxable when?
I don't actually follow the logic of this sub-thread anymore, but to try to answer your question, in my case 53% of the RSUs that vest is withheld by my company for taxes, under a "sell to cover" approach.
by vfinx
Tue Jun 16, 2020 3:02 am
Forum: Personal Investments
Topic: Situation Review
Replies: 25
Views: 1797

Re: Situation Review

I'm doing backdoor and megabackdoor roths while earning more than OP. The laziness has nothing to do with income which we have no delusions of being anything special, especially in our area. It was just a bad habit that became the norm over a few years as we got busy. I've just committed to fixing ...
by vfinx
Tue Jun 16, 2020 12:05 am
Forum: Personal Investments
Topic: Situation Review
Replies: 25
Views: 1797

Re: Situation Review

150k at a 4% withdrawal rate is 3.75M. Let’s just round up to $4M. Forgot to respond to this point - I don't think a 4% withdrawal rate can be used as an FI gauge in one's 40s or 50s? I don't know what the right number is, but 4% seems too high. But your $150k includes $40k in daycare? That will go...
by vfinx
Mon Jun 15, 2020 11:40 pm
Forum: Personal Investments
Topic: Situation Review
Replies: 25
Views: 1797

Re: Situation Review

150k at a 4% withdrawal rate is 3.75M. Let’s just round up to $4M. After you sell the house you’ll be at 3.4M in liquid assets. You save 300k per year? 400k? Net net, you’ll be financially independent way before 55. How about 40? If my children are lucky enough to get into college, I would like to ...
by vfinx
Mon Jun 15, 2020 11:13 pm
Forum: Personal Investments
Topic: Situation Review
Replies: 25
Views: 1797

Situation Review

I could use some help evaluating my situation, and hopefully coming up with an IPS. I have specific questions, but for now I'd rather leave this open-ended so I can get raw feedback. Thanks! Objectives Financial independence by 55 to have the freedom to decide whether to keep working. Pay for our 2 ...
by vfinx
Sun Jun 07, 2020 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Home Selling Advice
Replies: 5
Views: 621

Re: Home Selling Advice

Check with your agent, but in general I would not do upgrades like countertops or shower especially in San Jose. Is this an entry, mid-level, or high valued house for the market? If entry or mid-value with what you describe I would remove all dated window coverings, paint walls off white, and repla...
by vfinx
Sun Jun 07, 2020 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Home Selling Advice
Replies: 5
Views: 621

Home Selling Advice

We own a house in California (San Jose) that was being rented out up until a month ago. We now want to sell the house. Actually we wanted to sell the house years ago, but emotional attachment led us to rent it out when we moved out of it. Now we've realized that we hate being landlords. We didn't ru...
by vfinx
Wed Nov 20, 2019 11:35 am
Forum: Personal Consumer Issues
Topic: Car Lease Immediate Buyout
Replies: 14
Views: 1590

Re: Car Lease Immediate Buyout

In case anyone is interested, this process went as expected. I spent a lot of time reviewing the contract before signing (surprisingly an auto lease contract is not that bad to read through) and the early purchase option is pretty clearly described. The "Buyout Quote" is now available onli...
by vfinx
Sun Nov 17, 2019 12:24 pm
Forum: Personal Consumer Issues
Topic: Car Lease Immediate Buyout
Replies: 14
Views: 1590

Re: Car Lease Immediate Buyout

How much will be the total cost to you when you buyout the lease now? Sum of what you have already paid and what you have to pay. What will be the best price you can get the same car for? Since the car is essentially new, assume you are buying a new car. No long explanation, just give a number. I w...
by vfinx
Sun Nov 17, 2019 11:02 am
Forum: Personal Consumer Issues
Topic: Car Lease Immediate Buyout
Replies: 14
Views: 1590

Re: Car Lease Immediate Buyout

The reason I would buy out the lease immediately is to avoid the substantial rent (interest) charge that would be paid as part of each monthly payment. The base effective rate, which I'm getting, that the manufacturer has set for anyone availing of this incentive is 6.7% (0.00187). If I were to take...
by vfinx
Sat Nov 16, 2019 11:48 pm
Forum: Personal Consumer Issues
Topic: Car Lease Immediate Buyout
Replies: 14
Views: 1590

Re: Car Lease Immediate Buyout

It's not quite $7k because of ~$300 in buyout fees plus a $650 "lease acquisition fee". So the true savings is probably about $6k. But then you have to factor in the time it will take to do the buy out. It's probably worth it though. But I'm a big believer in the "there's no free lunc...
by vfinx
Sat Nov 16, 2019 10:58 pm
Forum: Personal Consumer Issues
Topic: Car Lease Immediate Buyout
Replies: 14
Views: 1590

Car Lease Immediate Buyout

I saved up cash to purchase a vehicle, but now that I'm actually about to do it, my research (i.e. online forums) suggests that the best way is to take advantage of the large lease incentive being offered, and then immediately "buy out" the lease. There will be some early termination fees,...
by vfinx
Thu Apr 19, 2018 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Mistake while Paying Estimated Taxes
Replies: 1
Views: 550

Mistake while Paying Estimated Taxes

This being my first post, I wanted to preface by saying that I'm a long-time reader, and pass along my thanks to the community for all the knowledge I've gained. Unfortunately I think I've done something dumb: I recently paid estimated taxes for the 2018 tax year (1040ES) because of a one-time windf...