Search found 220 matches

by sunspotzsz
Fri Oct 05, 2018 1:44 am
Forum: Investing - Help with Personal Investments
Topic: Where to park 40k?
Replies: 9
Views: 1247

Re: Where to park 40k?

capital one has $500 promotion for depositing 50k
by sunspotzsz
Sun Sep 09, 2018 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area housing frenzy cooling
Replies: 120
Views: 18158

Re: Bay Area housing frenzy cooling

remember this time 2016? There was a cooling as well. What happened after?
by sunspotzsz
Fri Aug 31, 2018 6:32 pm
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4377

Re: Expense ratios and fees - Fidelity and flip flopping advice

Once you have your allocation, fees are pretty much only thing you can control.

Even though it is small, I did switch to zero fee funds. It doesn't cost anything to move funds, why not?
by sunspotzsz
Tue Aug 28, 2018 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21941

Re: Decent compensation to move to Bay Area CA?

You can just look at the cost of living.

What about the added opportunity in bay area and working with top notch people?
by sunspotzsz
Mon Aug 27, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to buy house in Bay Area?
Replies: 19
Views: 2924

Re: Can we afford to buy house in Bay Area?

We make less than you but bought a house in Sunnyvale last year.

It was a good decision.
by sunspotzsz
Thu Aug 09, 2018 5:34 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 240
Views: 21683

Re: "Don't Obsess About Expense Ratios"

Lol, now all of sudden, expense ratio is not important!

such a hypocrite!
by sunspotzsz
Wed Apr 25, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: Traveling to Asia-need advice
Replies: 46
Views: 4134

Re: Traveling to Asia-need advice

These places are more advanced than you think and much safer than US. just give him enough money and let him go enjoy.
by sunspotzsz
Thu Mar 22, 2018 12:49 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 27871

Re: Anyone Deleting Facebook?

i deleted facebook last year and life is so much better since i waste way less time

it is sad that a lot of young smart people to work for facebook and try to get other people waste a little more of their time everyday
by sunspotzsz
Thu Mar 22, 2018 12:08 am
Forum: Personal Consumer Issues
Topic: Amazon Prime Going Sideways/Weird Shipment Problems
Replies: 66
Views: 6282

Re: Amazon Prime Going Sideways/Weird Shipment Problems

Same experience. Longer shipping from amazon. also realized that a lot of times, amazon is more expensive than walmart, target and costco as well. I have cancelled prime and have been using other sites. Really like the google express lately since they have free second day shipping and service is gre...
by sunspotzsz
Tue Mar 06, 2018 1:17 pm
Forum: Personal Consumer Issues
Topic: Is this a housing bubble?
Replies: 71
Views: 9337

Re: Is this a housing bubble?

pointless to discuss one area on a general forum.

a lot of engineers easily make 300-400k a year and that's not typical anywhere else.
by sunspotzsz
Mon Mar 05, 2018 5:34 pm
Forum: Personal Consumer Issues
Topic: Which car, Porsche Cayenne or Volvo XC90?
Replies: 71
Views: 6396

Re: Which car, Porsche Cayenne or Volvo XC90?

Love love our T5. go with cx90
by sunspotzsz
Mon Mar 05, 2018 2:01 am
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 182
Views: 28599

Re: Torn between Vanguard, Fidelity and Schwab

go with schwab.

lowest fee, great web/app, and excellent service
by sunspotzsz
Tue Feb 13, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 24454

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

with fee free broker like robinhood, you don't have to be rich to make your own index fund.
by sunspotzsz
Thu Feb 01, 2018 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 24454

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

Hope the price keeps going down so that I can buy more.
by sunspotzsz
Thu Feb 01, 2018 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 24454

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

dreamjob9 wrote:
Thu Feb 01, 2018 2:25 pm
Redfin partnership program???

https://www.redfin.com/partner
this is good!

redfin has the best user experiences with their site and app. i hope they can better monetize that traffic.

people who are buying homes need a lot of other services as well.
by sunspotzsz
Thu Feb 01, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 24454

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

i like redfin but they have a bad business model. they still rely on their own agents to make money and it is not very scalable. zillow has a better model. They don’t have their own agents in my area. that's exactly the problem. they have to hire people in each market to make money. zillow can make...
by sunspotzsz
Thu Feb 01, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 24454

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

i like redfin but they have a bad business model. they still rely on their own agents to make money and it is not very scalable. zillow has a better model. They don’t have their own agents in my area. that's exactly the problem. they have to hire people in each market to make money. zillow can make...
by sunspotzsz
Thu Feb 01, 2018 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 24454

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

i like redfin but they have a bad business model.

they still rely on their own agents to make money and it is not very scalable. zillow has a better model.
by sunspotzsz
Fri Jan 26, 2018 6:46 pm
Forum: Personal Consumer Issues
Topic: Buying a house now versus waiting (Bay Area)
Replies: 35
Views: 6293

Re: Buying a house now versus waiting (Bay Area)

When I was afraid of buying at the peak two years ago and waited. Obviously, everyone who waited ended up regretting the decision. If you can afford, i think you should buy ASAP. There are so many high paying jobs and so little inventory, I don't see it going down anytime soon. We bought 5 month ag...
by sunspotzsz
Fri Jan 26, 2018 5:54 pm
Forum: Personal Consumer Issues
Topic: Buying a house now versus waiting (Bay Area)
Replies: 35
Views: 6293

Re: Buying a house now versus waiting (Bay Area)

When I was afraid of buying at the peak two years ago and waited. Obviously, everyone who waited ended up regretting the decision. If you can afford, i think you should buy ASAP. There are so many high paying jobs and so little inventory, I don't see it going down anytime soon. We bought 5 month ago...
by sunspotzsz
Fri Jan 05, 2018 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Optimum strategy for exiting lendingclub?
Replies: 12
Views: 4359

Re: Optimum strategy for exiting lendingclub?

my lendingclub experiment has been a disaster. losing money and paying taxes.

it will take a few years to exit.
by sunspotzsz
Thu Oct 12, 2017 5:36 pm
Forum: Personal Consumer Issues
Topic: SUV options with 3 little kids
Replies: 57
Views: 5298

Re: SUV options with 3 little kids

we bought the Volvo XC90 and love it
by sunspotzsz
Wed Oct 04, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 19003

Re: Bay Area Real Estate

I struggled with this for a long time, thinking this craziness can't possibly continue and decided to wait. It turned out to be a very bad decision since price went up significantly since then. I now tend to think that the price will continue to go up. there are still a lot of people who want to buy...
by sunspotzsz
Sun Jun 25, 2017 1:29 am
Forum: Personal Consumer Issues
Topic: Bay Area housing
Replies: 69
Views: 8359

Re: Bay Area housing

I did the same and am kicking myself. My wife wanted to buy when we moved to bay area in 2015. I said the price is so crazy and it has to come down. Then in summer of 2016, it finally seemed that the prices started to turn lower and I thought I would buy when there is a 10-20% correction. oh, well, ...
by sunspotzsz
Sun May 07, 2017 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: health equity HSA
Replies: 9
Views: 1723

Re: health equity HSA

I am struggling with the same thing, wondering if I should move to a different HSA provider. I am paying $3.95 monthly admin fee plus the 0.03% monthly expense ratio. I have 63K in the account so it adds up. for high balance account, i wonder what provider would be the best choice with low fees and ...
by sunspotzsz
Fri Nov 11, 2016 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: HSA contribution limits with two separate plans
Replies: 15
Views: 1413

Re: HSA contribution limits with two separate plans

I've asked the same question before and i think you are right.
by sunspotzsz
Thu Sep 01, 2016 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Choices for HSA after leaving current employer
Replies: 9
Views: 1274

Choices for HSA after leaving current employer

Hi, I have my HSA with health equity through my employer. I've been maxing out HSA every year, investing the balance, and paying healthcare costs out of pocket. I now have $58k in it of which $57 is invested in 3 vanguard index funds. Now, I am leaving my employer to join a small startup. I don't kn...
by sunspotzsz
Mon Apr 25, 2016 6:11 pm
Forum: Investing - Theory, News & General
Topic: Social Security loopholes closed
Replies: 19
Views: 3287

Re: Social Security loopholes closed

they are closing the backdoor roth as well
by sunspotzsz
Fri Sep 11, 2015 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking help with IRA
Replies: 8
Views: 984

Re: Seeking help with IRA

I want to report back on my earlier questions. I started working at the new company a couple of month ago and it turns out that I can't roll the traditional IRA into my 401k. The new 401k is manged by vanguard and when I called they said very very rarely do companies allow such rollover oh, well, to...
by sunspotzsz
Fri May 15, 2015 7:42 am
Forum: Investing - Theory, News & General
Topic: Fidelity Passively Managed Investment Offering
Replies: 2
Views: 720

Re: Fidelity Passively Managed Investment Offering

the value add for such strategy is really re-balancing and tax loss harvesting but i don't see that here.

schwab is better but i don't like the fact that you can't build your own portfolio
by sunspotzsz
Tue Apr 21, 2015 9:09 pm
Forum: Personal Consumer Issues
Topic: MB vs Volvo vs. Other?
Replies: 48
Views: 5898

Re: MB vs Volvo vs. Other?

we got the xc90 and really love it
by sunspotzsz
Fri Mar 27, 2015 9:59 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 439
Views: 88765

Re: Schwab Intelligent Portfolios [now live]

so, you have to buy the recommended funds to get re-balancing and tax loss harvesting, right?
by sunspotzsz
Fri Mar 27, 2015 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: please help me understand this stock award
Replies: 19
Views: 1198

Re: please help me understand this stock award

thank you all so much!

now i think i understand it much better!
by sunspotzsz
Fri Mar 27, 2015 10:48 am
Forum: Investing - Help with Personal Investments
Topic: please help me understand this stock award
Replies: 19
Views: 1198

Re: please help me understand this stock award

Sounds like on the date of grant you will get $80,000 valued option. So say the stock closes at $20 on the date of the grant. Your award would be 4,000 shares at a $20 strike price. Since these shares vest over annual periods, the first 1,000 shares (25% of the shares granted) would vest a year aft...
by sunspotzsz
Fri Mar 27, 2015 10:33 am
Forum: Investing - Help with Personal Investments
Topic: please help me understand this stock award
Replies: 19
Views: 1198

Re: please help me understand this stock award

Sounds like on the date of grant you will get $80,000 valued option. So say the stock closes at $20 on the date of the grant. Your award would be 4,000 shares at a $20 strike price. Since these shares vest over annual periods, the first 1,000 shares (25% of the shares granted) would vest a year aft...
by sunspotzsz
Fri Mar 27, 2015 10:14 am
Forum: Investing - Help with Personal Investments
Topic: please help me understand this stock award
Replies: 19
Views: 1198

Re: please help me understand this stock award

thanks a lot, guys.

so this kind of option is worth far less than the $80k they claim, right? the stock of the company has gone up a lot recently and i think the upside is limited.

if another offer with same base gives a $40k cash bonus, then the cash bonus is probably better, right?

thanks!
by sunspotzsz
Fri Mar 27, 2015 10:08 am
Forum: Investing - Help with Personal Investments
Topic: please help me understand this stock award
Replies: 19
Views: 1198

Re: please help me understand this stock award

thanks!

let's see that I started job yesterday and the company is Cisco. How would i calculate the option?

thanks again!
by sunspotzsz
Fri Mar 27, 2015 9:53 am
Forum: Investing - Help with Personal Investments
Topic: please help me understand this stock award
Replies: 19
Views: 1198

please help me understand this stock award

I just got a new job and there is a stock option award with the offer. I don't really understand what it means. please help. You will be nominated to receive a one-time new hire Non-Qualified Stock Option award with a target value of $80,000. This amount uses the Black-Scholes methodology for valuin...
by sunspotzsz
Fri Mar 20, 2015 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking help with IRA
Replies: 8
Views: 984

Re: Seeking help with IRA

thank you so much, Alan!

this is very helpful. fingers crossed that Vanguard 401k will accept my ira.
by sunspotzsz
Fri Mar 20, 2015 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Seeking help with IRA
Replies: 8
Views: 984

Re: Seeking help with IRA

Thanks a lot, Alan! I just called Fidelity and re-characterized the conversion. However, the guy told me that whether you are doing conversion or rollover with IRA, you can never be selective and it always has to be prorated. If that's the case, I cannot rollover my IRA to 401k since 401k won't acce...
by sunspotzsz
Thu Mar 19, 2015 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking help with IRA
Replies: 8
Views: 984

Re: Seeking help with IRA

thanks a lot. So the best way to minimize the current tax bill and also achieve being able to do backdoor is: reverse the conversion now -> once I start working, roll over the deductible IRA to 401k -> then roll over to non-deductible IRA to Roth and only pay taxes on the gains from 2012 contributio...
by sunspotzsz
Thu Mar 19, 2015 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking help with IRA
Replies: 8
Views: 984

Seeking help with IRA

Hi, I've been reading and learning from the forum for a while and really appreciate all the knowledge and wisdom members here are willing to share. I am hoping to get some help with my IRA conversion situation. In past few years, I've been contributing to traditional IRA since my company didn't have...
by sunspotzsz
Sun Feb 08, 2015 9:48 pm
Forum: Personal Consumer Issues
Topic: How much is a safe car worth?
Replies: 170
Views: 14462

Re: How much is a safe car worth?

safe car doesn't have to expensive.

we are considering starting a family and plan to buy a Volvo, which is one of the safest cars out there but not very expensive.
by sunspotzsz
Sun Feb 08, 2015 9:45 pm
Forum: Investing - Theory, News & General
Topic: My co. is switching HSA providers; Is HSA Bank best?
Replies: 16
Views: 2914

Re: My co. is switching HSA providers; Is HSA Bank best?

Regarding the "transfer out fee", why can't you just do a ACH pull from your preferred HSA custodian? It should be free ,right?
by sunspotzsz
Sun Feb 08, 2015 12:02 pm
Forum: Investing - Theory, News & General
Topic: My co. is switching HSA providers; Is HSA Bank best?
Replies: 16
Views: 2914

Re: My co. is switching HSA providers; Is HSA Bank best?

Consider yourself very lucky!

Our HSA was with Chase HSA as well and our employer switched to health equity, which is much worse!

They charge 0.40% fee on top of the fund expense for low cost funds. Our balance is over 50k, that's more than 200 a year!
by sunspotzsz
Sat Feb 07, 2015 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Problem with IRA conversion tax form
Replies: 5
Views: 662

Re: Problem with IRA conversion tax form

thank you all very much! I am still a little confused as to the action I need to take. I did the conversion in 2014. Most of my IRA contribution has been deductible since my company doesn't have retirement plan. The only exception was year 2012 when the income exceeded the limit. I did file a 8606 c...
by sunspotzsz
Fri Feb 06, 2015 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Problem with IRA conversion tax form
Replies: 5
Views: 662

Problem with IRA conversion tax form

Hi, I did a conversion from traditional IRA to Roth last year and got the 1099-R form. The problem is that some of my IRA contribution was deductible and some was non-deductible IRA contribution. However, on the 1099-R form, entire conversion amount was treated as taxable amount. I have my IRA at Fi...