Search found 169 matches

by austin757
Thu Dec 03, 2020 8:35 pm
Forum: Personal Investments
Topic: Portfolio Review: Need help focusing
Replies: 10
Views: 803

Re: Portfolio Review: Need help focusing

... When I changed my health plan, I did not see any options for having HSA contributions deducted from my paycheck (pre-tax). If my company doesn’t allow for these deductions, would I have to make all my contributions post tax? ... Qualified HSA contributions are tax free regardless Of how the con...
by austin757
Thu Dec 03, 2020 8:33 pm
Forum: Personal Investments
Topic: Portfolio Review: Need help focusing
Replies: 10
Views: 803

Re: Portfolio Review: Need help focusing

Age: 26 Current retirement assets: $868,000 Goals: To not worry about money while living a comfortable lifestyle. Also to be a better investor and businessperson. Questions: 1.) For 2021, I changed my healthcare from PPO to HDHP/HSA. I am planning on investing the HSA in Total Stock Market. Should ...
by austin757
Thu Dec 03, 2020 4:02 pm
Forum: Personal Investments
Topic: Portfolio Review: Need help focusing
Replies: 10
Views: 803

Re: Portfolio Review: Need help focusing

Bump*

*Edited my post in proper format and removed excess wording
by austin757
Thu Dec 03, 2020 10:31 am
Forum: Investing - Theory, News & General
Topic: Grayscale Bitcoin Trust GBTC
Replies: 8
Views: 361

Re: Grayscale Bitcoin Trust GBTC

Anon9001 wrote: Thu Dec 03, 2020 10:29 am Just use Coinbase if you are living in USA. The GBTC has a 2% expense ratio along with a 30% premium over spot price:https://ycharts.com/companies/GBTC/disc ... ium_to_nav
If you use Coinbase, do you have to buy an entire share of Bitcoin at its current price (~$19k)?
by austin757
Thu Dec 03, 2020 8:07 am
Forum: Personal Investments
Topic: Portfolio Review: Need help focusing
Replies: 10
Views: 803

Re: Portfolio Review: Need help focusing

Our 401k is also administered by Fidelity. In our plan, the after-tax contributions are called a “spillover contribution”, whereby after you’ve hit your pretax max you can have additional amounts withheld on a post-tax basis ($57k total including post-tax, pretax and employer contributions). These ...
by austin757
Wed Dec 02, 2020 8:52 pm
Forum: Personal Investments
Topic: Portfolio Review: Need help focusing
Replies: 10
Views: 803

Re: Portfolio Review: Need help focusing

Wow. You are doing remarkably well for a 26 year old (or a 36 year old, for that matter). First of all, one always been a very conservative investor, so I have no input on small business or real estate. Your investment choices look solid. I’m a fan of international, but you as well as many others h...
by austin757
Wed Dec 02, 2020 7:52 pm
Forum: Personal Investments
Topic: Portfolio Review: Need help focusing
Replies: 10
Views: 803

Portfolio Review: Need help focusing

Hello, First time seeking a review of my portfolio. I'm a Boglehead with most of my investments, but I find myself feeling that I am missing out on other investment opportunities (questions to follow). Income has been slightly reduced due to COVID. Emergency funds : None Debt: Zero Tax Filing Status...
by austin757
Wed Dec 02, 2020 7:00 pm
Forum: Personal Consumer Issues
Topic: Neptune City New Jersey
Replies: 11
Views: 682

Re: Neptune City New Jersey

Great hospital, not the greatest area. However, there are many nice towns nearby with homes/condos reasonably priced.
by austin757
Wed Dec 02, 2020 2:44 pm
Forum: Investing - Theory, News & General
Topic: Do you actually NEED to invest in equities?
Replies: 43
Views: 3567

Re: Do you actually NEED to invest in equities?

I know real estate investors and small business owners who have zero in retirement accounts. No equities or fixed income. It seems to have worked out fine for them, albeit at a higher, concentrated level of risk.
by austin757
Thu Nov 26, 2020 10:36 pm
Forum: Personal Consumer Issues
Topic: Trading a BMW for a Toyota
Replies: 83
Views: 6292

Re: Trading a BMW for a Toyota

Camrys are much larger cars than what you have. You might look at Corollas to get a car more like what you have. Or other Toyota models. Disclosure: Toyota fan for many years, and I went from a Camry to a Corolla when I realized how large they had gotten over several model years. So true. Same thin...
by austin757
Tue Nov 24, 2020 3:04 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10600
Views: 837766

Re: U.S. stocks continue to soar!

Yes, stock returns usually beat bond returns. Often by a lot. But once you reach a certain age (and/or portfolio size) it's not all about returns and growth. +1 I have enough money to put my kids through college and lead a comfortable retirement. Why take the chance for further gains that I don't n...
by austin757
Tue Nov 24, 2020 10:42 am
Forum: Investing - Theory, News & General
Topic: Vanguard website problems
Replies: 33
Views: 1569

Re: Vanguard website problems

Same here. I cannot get to the Balances & Holdings page to buy any shares. Maybe there are so many people trying to log in to buy/sell (seeing that the market is way up) and it's causing issues. I believe this was the cause of one of their previous technical issues.
by austin757
Sun Nov 22, 2020 9:38 am
Forum: Personal Investments
Topic: What is your percentage of debt to NW?
Replies: 139
Views: 7424

Re: What is your percentage of debt to NW?

Right now, zero debt and no mortgage. I’m considering to buy some property and I think a mortgage would be better than paying cash. My inner Dave Ramsey likes the idea of no debt, but I think it can be justified with a good investment.
by austin757
Wed Nov 18, 2020 7:45 pm
Forum: Investing - Theory, News & General
Topic: Taylor Sends His Best to Fellow Bogleheads
Replies: 278
Views: 20237

Re: Taylor Sends His Best to Fellow Bogleheads

Taylor,

You are an incredible man and and inspiration to many. Thank you for your service and for all the contributions over the years. Please stay healthy and well. You look strong as an ox!
by austin757
Thu Nov 12, 2020 11:52 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20768
Views: 2836603

Re: U.S. stocks in free fall

Bill Ackman is preparing for bit drop in stocks over the next few months. https://www.bogleheads.org/forum/viewtopic.php?p=5595703#p5595703 https://www.foxbusiness.com/markets/bill-ackman-just-made-another-massive-bet-on-a-new-covid-19-surge Anyone else plan to buy insurance or reduce equity alloca...
by austin757
Sat Nov 07, 2020 12:40 pm
Forum: Personal Consumer Issues
Topic: What do you give your adult children at holiday time?
Replies: 175
Views: 12381

Re: What do you give your adult children at holiday time?

I think gift cards to their favorite restaurant or coffee spot makes a great gift. I've gotten gift cards for Starbucks, Dunkin, Panera, etc.

They always seem to come in handy, especially if one is near your home or office.
by austin757
Tue Nov 03, 2020 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Using Taxable Account for Bank Owned Foreclosure
Replies: 10
Views: 633

Re: Using Taxable Account for Bank Owned Foreclosure

Doesn’t seem like much return potential for the trouble. I mean you could always bid low at the auction and hope to win but I’ve not found banks to be very generous. I would say the possible exception is if you have insider knowledge of the home (you know it has more value than a 3rd party would se...
by austin757
Tue Nov 03, 2020 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Using Taxable Account for Bank Owned Foreclosure
Replies: 10
Views: 633

Re: Using Taxable Account for Bank Owned Foreclosure

Doesn't seem like it's worth the tax costs and risks. You're going to pay capital gains tax on the sale on equities, pay $13000 in property tax, and then pay capital gains tax again (hopefully) and a realtor commission when you sell the home in a year. After all this is over, how much higher is you...
by austin757
Tue Nov 03, 2020 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Using Taxable Account for Bank Owned Foreclosure
Replies: 10
Views: 633

Re: Using Taxable Account for Bank Owned Foreclosure

Are you looking to rent this house? Spend some money improving it and flip it? What's the goal here? If you are looking to rent it, how much can you rent it for per month? I believe it is currently rented for ~3k/month. If I was to get the house, I wouldn't be in too much of a rush to sell it. I wo...
by austin757
Tue Nov 03, 2020 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Using Taxable Account for Bank Owned Foreclosure
Replies: 10
Views: 633

Re: Using Taxable Account for Bank Owned Foreclosure

Are you looking to rent this house? Spend some money improving it and flip it? What's the goal here? If you are looking to rent it, how much can you rent it for per month? That's the interesting part. The home is rented by a family. I believe they are just renting for around ~3k/month. I can't veri...
by austin757
Tue Nov 03, 2020 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Using Taxable Account for Bank Owned Foreclosure
Replies: 10
Views: 633

Using Taxable Account for Bank Owned Foreclosure

Hi all, The house literally across the street from me is REO (bank owned) and is currently being bid on at auction.com. I am considering bidding on the home since I am familiar with the area and know the house is in good condition. The Zillow estimate for the house is $660k and the current bid is $4...
by austin757
Tue Nov 03, 2020 10:38 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10600
Views: 837766

Re: U.S. stocks continue to soar!

The European and Asian stock markets are still soaring. China seems to be dragging down EM and Total International today. iShares MSCI China ETF (MCHI) is -1.74% Could be from the ANT group IPO issue? I think we can figure out why China shares are down today, but I won't say anything more... I assu...
by austin757
Tue Nov 03, 2020 10:06 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10600
Views: 837766

Re: U.S. stocks continue to soar!

The European and Asian stock markets are still soaring. China seems to be dragging down EM and Total International today. iShares MSCI China ETF (MCHI) is -1.74% Could be from the ANT group IPO issue? I think we can figure out why China shares are down today, but I won't say anything more...
by austin757
Sat Oct 31, 2020 6:14 pm
Forum: Personal Investments
Topic: 1.3M at 30 - what would you do?
Replies: 89
Views: 9659

Re: 1.3M at 30 - what would you do?

Nicely done! Since you enjoy your job and like being part of a team, I think you should keep doing what you're doing. If you start getting burned out in several years, then you'll have a larger nest egg to branch off into something else.
by austin757
Sat Oct 31, 2020 11:54 am
Forum: Investing - Theory, News & General
Topic: When is the BIG Crash coming?
Replies: 31
Views: 2178

Re: When is the BIG Crash coming?

“...there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns—the ones we don't know we don't know. And if one looks throughout the history of our country and othe...
by austin757
Sat Oct 31, 2020 10:53 am
Forum: Investing - Theory, News & General
Topic: When is the BIG Crash coming?
Replies: 31
Views: 2178

Re: When is the BIG Crash coming?

“...there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns—the ones we don't know we don't know. And if one looks throughout the history of our country and other...
by austin757
Sat Oct 31, 2020 1:43 am
Forum: Personal Finance (Not Investing)
Topic: husband wants to move to HCOL state
Replies: 133
Views: 7105

Re: husband wants to move to HCOL state

Is NJ really a HCOL state? I live here and don’t find the cost as unreasonable as some people say. Is it just the property taxes that make it HCOL?
by austin757
Thu Oct 29, 2020 9:27 pm
Forum: Personal Consumer Issues
Topic: Economically viable to buy an airplane?
Replies: 39
Views: 4795

Re: Economically viable to buy an airplane?

Forgot to mention to make sure this is really what he wants to do for a living. The traveling and lifestyle is not for everyone; it’s taken a toll on me for sure. I love planes but dislike the career. I’m looking to change and then be able to just fly for fun in my free time. Just something for him ...
by austin757
Thu Oct 29, 2020 8:36 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 1090
Views: 65811

Re: What are you listening to now

The voices in my head that keep talking to me
by austin757
Thu Oct 29, 2020 8:56 am
Forum: Investing - Theory, News & General
Topic: is now a good time to go to cash in your portfolio?
Replies: 76
Views: 4958

Re: is now a good time to go to cash in your portfolio?

Volatility is part of the game when it comes to investing. If you go to cash now, how will you know when to get back in? Market timing, as they say, requires you to be right both when you sell AND buy back in. I have a long-term investing horizon. I use my bi-weekly contributions (paycheck) to help ...
by austin757
Wed Oct 28, 2020 3:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20768
Views: 2836603

Re: U.S. stocks in free fall

Everything is terrible: Bonds - played out & finished as a hedge, not worth buying for a decade + US stocks - played out, megacap tech already bid up, stale & boring market narrative Gold - not cheap, won't be as effective a hedge as in the 2000s Non-US stocks - uninventive business models,...
by austin757
Tue Oct 27, 2020 5:59 pm
Forum: Personal Consumer Issues
Topic: Economically viable to buy an airplane?
Replies: 39
Views: 4795

Re: Economically viable to buy an airplane?

From my experience, most airplanes hold their value or appreciate. A good trainer airplane, such as a Cessna 172, is always in demand at flight schools and private owners looking for an affordable airplane.

Maintenance and parking shouldn't be too bad. Expect to pay more at airports in HCOL areas.
by austin757
Tue Oct 27, 2020 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Finances & Career Change
Replies: 34
Views: 2766

Re: Finances & Career Change

Traditionally, it’s best to take on a new skill or go to school during a downturn. And while I think a hospice nurse is a fulfilling pursuit, I believe you’re looking too short term. Take a step back and think for a moment. Do you really believe that you will be WFH for good? Say, in two years from ...
by austin757
Sun Oct 25, 2020 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Spending excess income
Replies: 44
Views: 3325

Re: Spending excess income

OP, I am in complete balance. I save one year of current expenses every year. I save as much as I spend every year. So, there is no question as to whether I am spending and/or saving too much. So, you may want to look at your savings as a percentage of your expense. Pick a number that you are comfo...
by austin757
Fri Oct 23, 2020 12:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Abandoning Ship, Developing ‘New Brand Image’ has removed its ship logo from corporate docum
Replies: 107
Views: 9023

Re: Vanguard Abandoning Ship, Developing ‘New Brand Image’ has removed its ship logo from corporate docum

Not trying to get this thread locked, but are they doing this for politically correct reasons?

I’m not aware of any group who would find the Vanguard line of vessels offensive.
by austin757
Mon Oct 19, 2020 10:42 pm
Forum: Personal Investments
Topic: Ok have about 1.7 million and want to buy a new home
Replies: 11
Views: 1497

Re: Ok have about 1.7 million and want to buy a new home

OP,

This sounds more than doable. Your combined income will be more than enough, even after you retire.

As far estate planning, I can be your son if you want :D
by austin757
Sun Oct 18, 2020 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: 3k extra / month. Save it down for me please..
Replies: 17
Views: 1854

Re: 3k extra / month. Spend it down for me please..

I would invest it in a taxable if it was me. I can't suggest how to spend it since I don't know what your interests and hobbies are.
by austin757
Fri Oct 16, 2020 9:36 pm
Forum: Personal Consumer Issues
Topic: Items that are worth the money for the quality
Replies: 484
Views: 38910

Re: Items that are worth the money for the quality

Noise cancelling headphones
by austin757
Sun Oct 11, 2020 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding a Loser Mentality
Replies: 17
Views: 1419

Avoiding a Loser Mentality

Does anyone struggle every day thinking they're a loser in life? Personal finance/wealth can be one of triggers to think this way, but it can also be career choice, social anxiety, or feeling stuck in the same routine day in and day out. I struggle with these feelings every day (particularly the fin...
by austin757
Fri Oct 09, 2020 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a career
Replies: 106
Views: 6067

Re: Choosing a career

Looking for stability AND high pay? These two are hard to find together, in my experience. Physician, investment banking, and certain software engineering positions are really the only things I can think of. Plenty of lawyers make a killing, but not all of them, depending on their specialty. You cou...
by austin757
Fri Oct 09, 2020 12:39 pm
Forum: Personal Consumer Issues
Topic: Flying during the pandemic
Replies: 94
Views: 5749

Re: Flying during the pandemic

Is there any credible evidence pointing to higher transmission of the virus while flying? There’s none that I’m aware of. Higher than what? I do not think there is any indication that flying has a higher incidence of transmission than if you put the same number of people in the same configuration w...
by austin757
Thu Oct 08, 2020 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: What is your Target Savings?
Replies: 64
Views: 7968

Re: What is your Target Savings?

For a younger accumulator, is a taxable account even necessary? Do you think they could save enough in Roth and 401(k) to have enough at a normal retirement age? No plans to FIRE
by austin757
Thu Oct 08, 2020 6:19 pm
Forum: Personal Consumer Issues
Topic: Flying during the pandemic
Replies: 94
Views: 5749

Re: Flying during the pandemic

Is there any credible evidence pointing to higher transmission of the virus while flying? There’s none that I’m aware of.
by austin757
Thu Oct 08, 2020 3:54 pm
Forum: Investing - Theory, News & General
Topic: Is this the worse time to FIRE?
Replies: 20
Views: 1803

Re: Is this the worse time to FIRE?

It seems like the stock market has peaked. Investors are going to have to take more risk for better return. What if there is stagnation for the next 10 years? What is your option if your living expense depends on the stock market? Imagine if instead of the stock market you were a landlord and your ...
by austin757
Thu Oct 08, 2020 3:45 pm
Forum: Investing - Theory, News & General
Topic: Is this the worse time to FIRE?
Replies: 20
Views: 1803

Re: Is this the worse time to FIRE?

Oh, it's tomtoms. Give it a few more posts and you'll hear about how successful he is by investing in real estate.
by austin757
Thu Oct 08, 2020 7:19 am
Forum: Personal Consumer Issues
Topic: Flying during the pandemic
Replies: 94
Views: 5749

Re: Flying during the pandemic

The airports have enhanced cleaning procedures. All employees and passengers are required to wear masks. The planes themselves are being cleaned more often, as well as being flown on by less people since the airlines have cut back on flights. The plane I fly is also undergoing modifications to have ...
by austin757
Sat Oct 03, 2020 9:29 pm
Forum: Investing - Theory, News & General
Topic: Why not Real Estate instead of Stocks?
Replies: 189
Views: 13883

Re: Why not Real Estate instead of Stocks?

Would like to get everyone's opinion on this. The forecast of next 10 years US stocks returns is pretty low. E.g.: U.S. equities 3.9%-5.9% Global equities ex-U.S. (unhedged) 7.4%-9.4% https://americas.vanguard.com/institutional/articles/research-commentary/markets-economy/market-perspectives.htm An...