Search found 22 matches

by ripvanwinklesf
Tue Jan 05, 2021 1:59 pm
Forum: Non-US Investing
Topic: Japan Investing
Replies: 11
Views: 875

Re: Japan Investing

Buying a small 1 bedroom apartment in Rippongi that is already rented. We looked at larger places but wanted a minimum 4% net yield as they call it and the larger places seemed to have lower yields than that.
by ripvanwinklesf
Tue Jan 05, 2021 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Relocation to Houston, Texas from SF Bay - Update
Replies: 3
Views: 482

Relocation to Houston, Texas from SF Bay - Update

Hi All, the original post was locked but just wanted to update everyone. We visited Houston over Christmas and absolutely loved it. We liked it better than LA and SF in fact. Culturally and politically, Texas was a much better fit for conservatives like us and the people were super friendly. The kid...
by ripvanwinklesf
Tue Jan 05, 2021 1:15 pm
Forum: Non-US Investing
Topic: Japan Investing
Replies: 11
Views: 875

Japan Investing

I am considering investing in Japanese, specifically central Tokyo, real estate as a low yielding but lower geopolitical and rule of law risk alternative to US real estate. After living in Japan in high school and several tourist visits more recently, I have personal knowledge of the people and cult...
by ripvanwinklesf
Fri Dec 11, 2020 11:21 am
Forum: Personal Consumer Issues
Topic: Relocation to Houston, Texas from SF Bay - Advice
Replies: 102
Views: 8994

Re: Relocation to Houston, Texas from SF Bay - Advice

Lifestyle: We are frugal minimalists who lead relatively simple lives filled with family-friendly activities, most of which revolve around our 2 elementary school children, and are largely free. Examples: trail hiking, soccer, swimming in our pool or beaches, etc. Your first listed activity is hiki...
by ripvanwinklesf
Fri Dec 11, 2020 12:01 am
Forum: Personal Consumer Issues
Topic: Relocation to Houston, Texas from SF Bay - Advice
Replies: 102
Views: 8994

Re: Relocation to Houston, Texas from SF Bay - Advice

OP here. Thank you all for your thoughtful, extremely helpful responses. We are greatly appreciative and have learned so much over the last day or so. Thank you!! We wanted to follow up to some of your points and comments and provide additional color that may help. First, my wife is satisfied with h...
by ripvanwinklesf
Thu Dec 10, 2020 10:55 am
Forum: Personal Consumer Issues
Topic: Relocation to Houston, Texas from SF Bay - Advice
Replies: 102
Views: 8994

Re: Relocation to Houston, Texas from SF Bay - Advice

Firemenot wrote: Wed Dec 09, 2020 7:53 pm Am I correct in thinking that “option handcuffs” are not a factor?
Great point, current employer relatively stingy on option grants to date after years of service. At her current firm, you have to be higher than VP before it becomes meaningful comp.
by ripvanwinklesf
Wed Dec 09, 2020 4:59 pm
Forum: Personal Consumer Issues
Topic: Relocation to Houston, Texas from SF Bay - Advice
Replies: 102
Views: 8994

Relocation to Houston, Texas from SF Bay - Advice

My spouse got a job offer to relocate to Houston, Texas. We are looking for advice on: a) biggest pros and cons of moving to Houston for Californians - financially, culturally, weather, education, travel-wise/airport accessibility to various places, outdoor lifestyle, etc. - and b) if we take the jo...
by ripvanwinklesf
Wed Nov 11, 2020 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 1367
Views: 184014

Re: How much money do you want to retire?

My number is $4mm liquid and a paid off primary residence. I am 44 and wife 46. We met and exceeded the liquid target with $4.65mm. Overall net worth of $5.75mm [$5.95mm when counting home appreciation], but house is $1.6mm [$1.8mm] with $0.5mm of debt on it. So, I don't have a paid off primary resi...
by ripvanwinklesf
Wed Nov 11, 2020 12:23 am
Forum: Personal Finance (Not Investing)
Topic: How much have you saved from your mortgage refinance?
Replies: 21
Views: 2116

Re: How much have you saved from your mortgage refinance?

We paid down principal of $730k down to $510k, and reduced the interest rate from 4.25% to 2.5%, taking our mortgage down from $4054 per month to $2006 per month, savings of >50%!
by ripvanwinklesf
Thu Sep 03, 2020 3:05 pm
Forum: Personal Investments
Topic: Pending Layoff / Can I retire?
Replies: 36
Views: 6419

Re: Pending Layoff / Can I retire?

Hi All, I had posted a year ago when I was "retired early" - see post "Pending Layoff / Can I retire?". Since then, I have educated myself on personal finance, including Bogleheads and Big ERN among others, as well as general macroeconomics, alternative stores of value, and geopo...
by ripvanwinklesf
Wed Jun 06, 2018 10:07 am
Forum: Personal Investments
Topic: Pending Layoff / Can I retire?
Replies: 36
Views: 6419

Re: Pending Layoff / Can I retire?

Terrific position to be in. I would be afraid of having that much cash on the sidelines (and am in Tech in the Bay Area as well), there's no sign that companies around here are pausing hiring (at least the bigger ones). I also think it's a poor time to get into startups at this point, with current ...
by ripvanwinklesf
Wed Jun 06, 2018 10:00 am
Forum: Personal Investments
Topic: Pending Layoff / Can I retire?
Replies: 36
Views: 6419

Re: Pending Layoff / Can I retire?

How long is your wife planning to work? At 250k, she can easily cover your living expenses so I think you are probably fine. If she wants to retire too, then I am not sure. I would say yes for sure if you could reduce your cost of living in your new location. Thanks for your time / feedback. She re...
by ripvanwinklesf
Tue Jun 05, 2018 6:03 pm
Forum: Personal Investments
Topic: Pending Layoff / Can I retire?
Replies: 36
Views: 6419

Re: Pending Layoff / Can I retire?

Terrific position to be in. I would be afraid of having that much cash on the sidelines (and am in Tech in the Bay Area as well), there's no sign that companies around here are pausing hiring (at least the bigger ones). I also think it's a poor time to get into startups at this point, with current ...
by ripvanwinklesf
Mon Jun 04, 2018 1:57 pm
Forum: Personal Investments
Topic: Pending Layoff / Can I retire?
Replies: 36
Views: 6419

Re: Pending Layoff / Can I retire?

joylesshusband wrote: Mon Jun 04, 2018 1:49 pm
Kenkat wrote: Thu May 31, 2018 7:31 pm The $4 million or so can continue to grow
It might, if it was invested.
Currently, less than 1/2 of it is.
Aye, that is the rub and what I am trying to figure out...:)
by ripvanwinklesf
Mon Jun 04, 2018 1:56 pm
Forum: Personal Investments
Topic: Pending Layoff / Can I retire?
Replies: 36
Views: 6419

Re: Pending Layoff / Can I retire?

But you're not really looking to retire and sit on the couch. You dream of working for a start-up in hopes of hitting big. You're in great financial shape. Your wife has a very solid job. I'm not even sure you included your rental income in the calculations. At your age I think you could take 2.5% ...
by ripvanwinklesf
Mon Jun 04, 2018 1:54 pm
Forum: Personal Investments
Topic: Pending Layoff / Can I retire?
Replies: 36
Views: 6419

Re: Pending Layoff / Can I retire?

You seem convinced a market correction is near. Maybe it is, maybe it isn't. If it is, remember that even though you are cash-rich you also have some downside exposure: how would you feel if the value of your $3.3m in equities & rental property fell by 50%? Your net worth could drop by $1.5m an...
by ripvanwinklesf
Mon Jun 04, 2018 1:48 pm
Forum: Personal Investments
Topic: Pending Layoff / Can I retire?
Replies: 36
Views: 6419

Re: Pending Layoff / Can I retire?

Your family income even with you not working is over $100k more than your current expenses so you in theory don’t really need to work. So that should free you up to pursue the startup idea. The $4 million or so can continue to grow as you don’t need to draw any of that down in the immediate future ...
by ripvanwinklesf
Mon Jun 04, 2018 1:45 pm
Forum: Personal Investments
Topic: Pending Layoff / Can I retire?
Replies: 36
Views: 6419

Re: Pending Layoff / Can I retire?

But you're not really looking to retire and sit on the couch. You dream of working for a start-up in hopes of hitting big. You're in great financial shape. Your wife has a very solid job. I'm not even sure you included your rental income in the calculations. At your age I think you could take 2.5% ...
by ripvanwinklesf
Mon Jun 04, 2018 1:20 pm
Forum: Personal Investments
Topic: Pending Layoff / Can I retire?
Replies: 36
Views: 6419

Re: Pending Layoff / Can I retire?

There are so many startup failures that you stand a better than even chance of working for free if you accept employment for stock only. My friend showed me a resume with > 20 startup employers over about that same # of years. They all had a promising story and RSUs but eventually faded due to a va...
by ripvanwinklesf
Mon Jun 04, 2018 12:52 pm
Forum: Personal Investments
Topic: Pending Layoff / Can I retire?
Replies: 36
Views: 6419

Re: Pending Layoff / Can I retire?

That is a great point. Yes, as long as I am working hard in W-2 retirement for alpha / "outsized returns" vs. sitting on the couch...however, in our perfect world I would be negotiating my own layoff in 3-4 years vs. being pushed out the door in the next 6 months or so but what are you goi...
by ripvanwinklesf
Thu May 31, 2018 5:21 pm
Forum: Personal Investments
Topic: Pending Layoff / Can I retire?
Replies: 36
Views: 6419

Re: Pending Layoff / Can I retire?

Thank you very much for your response / advice. Here is a better snapshot of big picture to answer your questions. Expenses: $10k per month of spending, prior to taxes. Note: $12k=144k annualized is 1 out of every 12 months, most frequent is ~$9k-9.5k per month=108k-$114k annualized, so $10k=$120k a...
by ripvanwinklesf
Thu May 31, 2018 2:12 pm
Forum: Personal Investments
Topic: Pending Layoff / Can I retire?
Replies: 36
Views: 6419

Pending Layoff / Can I retire?

I am a newbie to this forum but a long time saver and FIRE proponent before I knew the term. I am early 40s and have 2 young children in the early stages of elementary school and a working spouse who is also in her early 40s. We live in an extremely HCOL city on the West Coast. We recently sold our ...