Search found 129 matches

by m@ver1ck
Sat Jan 18, 2020 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 145
Views: 13396

Re: Engineers - What are you making? ($$$)

W2 for 2019 was around 335K. Microsoft in Redmond, WA - now a VHCOL area. Around 20yrs experience but I figure it's just the time at msft that counts - which is 12 years. Principal Engineer L66. Base is 210K. Bonus around 45K cash and stocks around 90K vesting over 4 years. ( Or 5 don't remember). L...
by m@ver1ck
Sat Nov 09, 2019 9:50 am
Forum: Personal Consumer Issues
Topic: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?
Replies: 64
Views: 6919

Re: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?

I did exactly this - went back to my old job after two weeks. Five years later not regretting it a bit. This was a company I had already worked for for around 8 years.
In my mind, I’d rather burn the new bridges rather than the old ones.
by m@ver1ck
Sat Oct 19, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10854

Re: What percent of net worth should a persons house be?

fwiw - my home equity is about 750K on a 1M home. Retirement funds and other stocks are around 1.2M. This is just how the cards fell - did not plan for home to double in value in 10yrs. m@ver1ck, What was your net worth excluding the house when you buy the house? What was the purchase price of the ...
by m@ver1ck
Sat Oct 19, 2019 10:07 am
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10854

Re: What percent of net worth should a persons house be?

fwiw - my home equity is about 750K on a 1M home. Retirement funds and other stocks are around 1.2M. This is just how the cards fell - did not plan for home to double in value in 10yrs. m@ver1ck, What was your net worth excluding the house when you buy the house? What was the purchase price of the ...
by m@ver1ck
Fri Oct 18, 2019 9:58 pm
Forum: Personal Investments
Topic: Priotized Investments wiki - for a Microsoft Employee
Replies: 16
Views: 2099

Re: Priotized Investments wiki - for a Microsoft Employee

Sent you a PM with my alias. contact me on corpnet please.
by m@ver1ck
Fri Oct 18, 2019 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10854

Re: What percent of net worth should a persons house be?

fwiw - my home equity is about 750K on a 1M home.
Retirement funds and other stocks are around 1.2M.

This is just how the cards fell - did not plan for home to double in value in 10yrs.
by m@ver1ck
Thu Jul 18, 2019 12:09 pm
Forum: Personal Investments
Topic: Where to put International ETF
Replies: 7
Views: 464

Re: Where to put International ETF

Probably best to put it into taxable - tax loss harvesting seems more likely with international. :-)
by m@ver1ck
Fri Jun 14, 2019 8:46 pm
Forum: Investing - Theory, News & General
Topic: Wellington VS Balanced Index
Replies: 36
Views: 7002

Re: Wellington VS Balanced Index

I have put about 8% of my funds in Vanguard Wellington. Reason - VTSAX has too much exposure to the likes of FB and AAPL - I don't like those stocks much. I have put about 8% of my funds into Vanguard Wellington Global. Reason: As above + Not sure international is lends itself to indexing as well - ...
by m@ver1ck
Wed Jun 12, 2019 11:07 pm
Forum: Personal Investments
Topic: Vanguard 529 calculator - what to plug in?
Replies: 4
Views: 428

Vanguard 529 calculator - what to plug in?

The vanguard 529 calculator asks to estimate how much tuition will go up every year (defaults to 5%) and also talks about how much we expect to make in our investments (defaults to 6%). How realistic are these defaults? I was thinking more along the lines of estimating college to be 40K/yr and going...
by m@ver1ck
Mon Jun 10, 2019 11:14 pm
Forum: Personal Consumer Issues
Topic: Cleaning up new house before move in—getting rid of “cat smell”
Replies: 59
Views: 15077

Re: Cleaning up new house before move in—getting rid of “cat smell”

Pass on that house. Nothing you can do will get rid of cat stuff.
by m@ver1ck
Mon Jun 10, 2019 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 21213

Re: Paying for rent is throwing away money...myth?

I get it - it’s mostly due to leverage. If you bought that much house in 2010, you can also assign a lot of credit to good fortune. I agree. It gets better. When changing jobs in June 2008 I did a 401K rollover. Somehow folks at fidelity decided to liquidate 1/2 my stocks. I did not have time to fi...
by m@ver1ck
Mon Jun 10, 2019 11:15 am
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 15700

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Consider a Golf-R. Most fun you can have with a daily driver. And space for groceries too. Golf R has actually been criticized for being a bit sterile (at least in stock form). Civic Type R, STI, and Focus RS are more engaging in this class. Mind you, the R is very very good, it's just the softer, ...
by m@ver1ck
Mon Jun 10, 2019 11:02 am
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 15700

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Consider a Golf-R. Most fun you can have with a daily driver. And space for groceries too.
by m@ver1ck
Mon Jun 10, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 21213

Re: Paying for rent is throwing away money...myth?

@klangfool - I don't think you can have your cake and eat it too. It doesn't make sense to talk about the 300K opportunity cost - that's counting the same $$ value twice. I already compared buying the house, vs. taking the downpayment and investing that, and the monthly delta between mortgage paymen...
by m@ver1ck
Mon Jun 10, 2019 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 21213

Re: Paying for rent is throwing away money...myth?

We were renting until 2010 - hadn’t saved up enough to buy until then. The market crashed giving us an opportunity to buy. We put 20% down and bought a home for 550K. 30yrs@3.675%, later refinanced to 15yr mortgage. We owe 250K in it now (2.75%). We were able to afford a 2200 sqft home. It’s worth 1...
by m@ver1ck
Sat Jun 08, 2019 1:10 am
Forum: Investing - Theory, News & General
Topic: The logical fallacy behind "Bonds Are For Safety"
Replies: 248
Views: 17441

Re: The logical fallacy behind "Bonds Are For Safety"

I really don't understand this thread. Are we saying that we should be 100% VTSAX? That we don't need to have any Bonds in the mix? I'm pretty sure we're not saying that. Ok - Bonds are not for 'safety'. What are they there for? Anyone care to explain? One thing I do get though - if you're into corp...
by m@ver1ck
Sat May 25, 2019 10:59 am
Forum: Personal Consumer Issues
Topic: Any audiophiles on this forum?
Replies: 108
Views: 7806

Re: Any audiophiles on this forum?

Most of my listening is low to medium levels - more at low levels. Kids in the house don’t like a din.
Kiddo has actually gotten into classical - violin classes did that to him. So - no more rock. :-(
by m@ver1ck
Fri May 24, 2019 10:20 pm
Forum: Personal Consumer Issues
Topic: Any audiophiles on this forum?
Replies: 108
Views: 7806

Any audiophiles on this forum?

I've got about 100K worth of Audio Equipment. Slippery slope - if I had discovered this site earlier, I would have socked more money away - and probably would have been happy with a 10K audio system too.

Still - if any audiophiles here - love to hear what their systems look like...
by m@ver1ck
Fri May 24, 2019 8:41 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 248
Views: 29843

Re: Bogle "5% Gold"

I’ve got a bullion store in my area. I give them
Cash, and they give me a gold coin.
If I give them a gold coin they would give me cash back.
They don’t need my name.
So is this tax free growth? ;-)
by m@ver1ck
Fri May 24, 2019 8:11 pm
Forum: Investing - Theory, News & General
Topic: Who killed value?
Replies: 23
Views: 2692

Re: Who killed value?

Love to hear this talk if value dead. So it’s orobabky a good time to buy some. I got lucky and was invested big in growth / didn’t realize what I was doing. I still don’t know what I’m doing - but as a counterweight to growth, sp500 in my 401K ($400K) I’ve put away about 100K in Wellington (value +...
by m@ver1ck
Fri May 24, 2019 8:26 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12575
Views: 2177616

Re: U.S. stocks in free fall

LiterallyIronic wrote:
Mon May 13, 2019 2:37 pm
TomCat96 wrote:
Mon May 13, 2019 12:34 pm
what a beautiful day.
Indeed. Let's keep going! But, I can already predict what's going to happen. It's going to shoot back up the day before my 401k contributions go through.
+1
But I'm investing 100% in bonds at the moment to go from 90/10 to 80/20 over time so I don't care. :-)
by m@ver1ck
Wed May 22, 2019 11:14 pm
Forum: Personal Investments
Topic: Want to add REITs to portfolio… but how much and which funds?
Replies: 16
Views: 2565

Re: Want to add REITs to portfolio… but how much and which funds?

I sold a bunch of vtsax and went Wellington. Primarily to reduce exposure to amazon, Facebook, Microsoft etc..
Also, growth has been on a roll since several years and I happened to be invested in growth and lucked out. Now trying my luck with value.
by m@ver1ck
Tue May 21, 2019 2:43 pm
Forum: Personal Investments
Topic: Reallocation to target % - Lump Sum or over time?
Replies: 3
Views: 259

Re: Reallocation to target % - Lump Sum or over time?

I'm hoping VTI will hit 155 soon - that's my mental point for doing the rebalance. But it could tank too. :annoyed :oops: :confused I'll wait until the Trump crisis passes or next week and start moving 5K over from stocks to bonds every week. The rest will be taken care of via 401K in the next few m...
by m@ver1ck
Tue May 21, 2019 2:09 pm
Forum: Personal Investments
Topic: Reallocation to target % - Lump Sum or over time?
Replies: 3
Views: 259

Reallocation to target % - Lump Sum or over time?

I've been following this forum for about 6 months now, and realize I might be too stock heavy and need to transfer some $$ into bonds from stocks. My target allocation is 75/25, I'm at 84/16. Total is about 700K over all accounts. Do I just - do the change in one shot? - change new 401K allocation s...
by m@ver1ck
Mon May 20, 2019 10:44 pm
Forum: Personal Investments
Topic: VASIX or VWINX for emergency savings: crazy?
Replies: 26
Views: 3101

Re: VASIX or VWINX for emergency savings: crazy?

I’ve got my emergency fund in 50% vtsax 50% vbtlx. I’ll use the bonds in the case of an emergency. This is about 2 years of expenses including mortgage payments if it came to that. It’s 150K. Got another 30K in cds. Would need about 7K in monthly expenses. But like the vasix approach if it means low...
by m@ver1ck
Thu May 16, 2019 8:43 am
Forum: Investing - Theory, News & General
Topic: How much is the 401K and retirement savings propping up the market?
Replies: 26
Views: 3554

How much is the 401K and retirement savings propping up the market?

I’ve just got this feeling that every 1st and 15th if the month the market kinda rebounds - due to influx of new money into people’s 401Ks. Essentially / has the stock market become some sort of a Ponzi scheme ? If our kids stop investing in the stock market (or the population goes down) will the ma...
by m@ver1ck
Wed May 15, 2019 11:37 pm
Forum: Investing - Theory, News & General
Topic: Did you buy the 600+ dip last week ?
Replies: 129
Views: 9205

Re: Did you buy the 600+ dip last week ?

Put 5K in 529 from bonds in taxable and moved 5K from bonds to stocks in 401K
by m@ver1ck
Tue May 14, 2019 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 213
Views: 38569

Re: Cash - Throw it all on the table!!!

My cash reserves are mostly negative - about 10K in short term loans from my taxable brokerage margin account.
by m@ver1ck
Mon May 13, 2019 1:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12575
Views: 2177616

Re: U.S. stocks in free fall

VTI is just down 3%. I’m waiting for a 20% drop.
I do have msft stock to sell - and need to invest that in a 529. So doesn’t matter when I do it - but if I do it when the market tanks, I can TLH.
by m@ver1ck
Sun May 12, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 13322

Re: What is your U.S./ex-U.S. stock allocation?

90/7, want to push it to 80/20.

Still don't trust the BRIC too much so don’t like VTIAX.

Don’t want to give my money to Russians. Too much currency risk for Brazil India China.

Mostly through Wellington and Gloval Wellington.
Got 1% in vanguard developed nations fund.
by m@ver1ck
Sun May 12, 2019 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Continue working for benefit of adult children or retiring earlier?
Replies: 87
Views: 6993

Re: Continue working for benefit of adult children or retiring earlier?

Really a cultural thing. I was taking to someone atbwotk and he measured success by three things - - Having enough for self - Leaving a smallish legacy for kids. Getting through them college and paying for their weddings. - supporting parents in their old age - financially as well as otherwise You r...
by m@ver1ck
Sat May 11, 2019 6:07 pm
Forum: Personal Investments
Topic: Global Wellesley + Wellington
Replies: 8
Views: 3181

Re: Global Wellesley + Wellington

I've got about 1M in stocks and bonds across taxable and retirement funds. Of these, I have 50K in Wellington and 50K in Wellington Global. Mostly since I want a 80/20 split between stocks and bonds overall and about 10% of international stocks. I personally don't like VTIAX. So I'm going with Globa...
by m@ver1ck
Fri May 10, 2019 9:15 am
Forum: Personal Investments
Topic: Building VTSAX out of Russell indexes
Replies: 6
Views: 457

Building VTSAX out of Russell indexes

In one of other forum posts, I learnt that it is possible to approximate VTSAX by using S&P500 and Vanguard Extended Market in a 4:1 ratio. Looking at my 401K, I notice that I have access to Russel 1000 growth, Russel 1000 value - which probably provide access to the top 1000 stocks, when combined, ...
by m@ver1ck
Wed May 08, 2019 8:48 pm
Forum: Personal Investments
Topic: Wellington Fund: where is the special sauce?
Replies: 41
Views: 10591

Re: Wellington Fund: where is the special sauce?

I moved money into Global Wellington Admiral today - selling vtsax vtblx and vtiax in the same ratios as what the fund has. Primary motivation / I like that it does not have aapl, FB and the likes - and that it is less heavy in emerging market funds. Time will tell... Most of other funds were in sp5...
by m@ver1ck
Wed May 08, 2019 12:20 am
Forum: Personal Investments
Topic: The 4% rule
Replies: 94
Views: 7297

The 4% rule

Can someone point me to the math behind it? Or some calculators on how to simulate sequence of return events? If I just go by a 4% withdrawal starting rate and keep increasing spend by 2% (inflation) every year, and say a conservative 6% return rate, I could go on living on that money forever... - w...
by m@ver1ck
Sat May 04, 2019 12:57 am
Forum: Personal Investments
Topic: Second home? Or 529s, MegaBackDoor IRA etc?
Replies: 12
Views: 1362

Re: Second home? Or 529s, MegaBackDoor IRA etc?

And thanks for the link to the college planner. That was useful. It looks like if my target is saving up for a 4 year college, - I should just put away an extra 30K on top of the existing 30K for my 2 year old and that should be enough to hit my targets. - For the older one, I'd rather put away 500 ...
by m@ver1ck
Fri May 03, 2019 11:52 pm
Forum: Personal Investments
Topic: Vanguard Global Wellington
Replies: 3
Views: 1054

Vanguard Global Wellington

What's not to like? I looked at Vanguard Global Wellington's past performance, compared to vtsax, vbtlx and vtiax (total stock market, total bond market, total international stock market) in the same ratios as the Global Wellington in portfolio visualizer. Looks like the Global Wellington has got pr...
by m@ver1ck
Thu May 02, 2019 3:39 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt VWITX makes no sense?
Replies: 43
Views: 5171

Re: Vanguard Intermediate-Term Tax-Exempt VWITX makes no sense?

I should ask the TurboTax guys - but even after looking at my tax returns I have no idea what my income is. Do I include short term, long term CapGains to figure out what my income is? Or All Earned income from job - (401K + HSA + Standard Deduction + Child Credit)? Looks like I'm either in the 24%...
by m@ver1ck
Thu May 02, 2019 11:07 am
Forum: Personal Investments
Topic: Negative/Subtractive Indexes?
Replies: 23
Views: 921

Re: Negative/Subtractive Indexes?

I'll just put some $$ in Wellington and call it a day.
by m@ver1ck
Thu May 02, 2019 11:05 am
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt VWITX makes no sense?
Replies: 43
Views: 5171

Re: Vanguard Intermediate-Term Tax-Exempt VWITX makes no sense?

It looks like VWITX yields 2.03% (30 day sec yield) while VBTLX (vanguard Total Bond Index) yields 2.94%. Isn't it better to take pay the taxes on the extra yield? Well - I did the math - it looks like if you're below the 31% tax bracket, you're better of in VBTLX, but if you're tax bracket is high...
by m@ver1ck
Thu May 02, 2019 11:03 am
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt VWITX makes no sense?
Replies: 43
Views: 5171

Re: Vanguard Intermediate-Term Tax-Exempt VWITX makes no sense?

AAA wrote:
Thu May 02, 2019 10:25 am
m@ver1ck wrote:
Thu May 02, 2019 10:14 am
And this is before the expense ratios - .17% vs .05%.
Are you thinking that the expense ratios are subtracted from the yields? The quoted yields include the expenses.
Thank you. I did not know that.
by m@ver1ck
Thu May 02, 2019 10:24 am
Forum: Personal Investments
Topic: Risk of securities lending
Replies: 3
Views: 426

Risk of securities lending

How risky is securities lending? I've got a little invested in fidelity's zero funds - but somehow don't trust the securities lending model which makes it possible for them to keep it at 0 cost.
How concerned should I be that they are lending my securities out? :-)
by m@ver1ck
Thu May 02, 2019 10:14 am
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt VWITX makes no sense?
Replies: 43
Views: 5171

Vanguard Intermediate-Term Tax-Exempt VWITX makes no sense?

It looks like VWITX yields 2.03% (30 day sec yield) while VBTLX (vanguard Total Bond Index) yields 2.94%. Isn't it better to take pay the taxes on the extra yield? Well - I did the math - it looks like if you're below the 31% tax bracket, you're better of in VBTLX, but if you're tax bracket is highe...
by m@ver1ck
Thu May 02, 2019 10:03 am
Forum: Personal Investments
Topic: Fidelity's Total Bond Index Fund vs Vanguard Total Bond Index vs. Vanguard Intermediate Bond Index
Replies: 5
Views: 2217

Fidelity's Total Bond Index Fund vs Vanguard Total Bond Index vs. Vanguard Intermediate Bond Index

A few questions - a) what's a better investment - Vanguard Total Bond Index, or Vanguard Intermediate Bond Index? I'm leaning towards Vanguard Intermediate Bond Index - due to some research I did a few weeks ago, but I don't remember why. b) My 401K is at fidelity. I could not figure out what the lo...
by m@ver1ck
Thu May 02, 2019 9:49 am
Forum: Personal Investments
Topic: Negative/Subtractive Indexes?
Replies: 23
Views: 921

Re: Negative/Subtractive Indexes?

Pretty much all into the 3 fund portfolio... Perhaps OT but this does not appear to be accurate. No, really. 10% is currently in MSFT stock. Apart from that, most of this is invested in Vanguards and Fidelitys equivalent of vtsax, vanguard total bond index, vanguard intermediate bond index. I do my...
by m@ver1ck
Thu May 02, 2019 9:39 am
Forum: Personal Investments
Topic: Second home? Or 529s, MegaBackDoor IRA etc?
Replies: 12
Views: 1362

Re: Second home? Or 529s, MegaBackDoor IRA etc?

Thanks all around. I'll 'stay the course'. It seems like a leveraged real-estate investment, specially in a single family home is just not that great a deal, that I forgo the opportunity of raising the kids in a bigger home if I can still meet my long term financial goals. And thanks for vanguard co...
by m@ver1ck
Wed May 01, 2019 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Where to put money aside for car fund?
Replies: 16
Views: 1718

Re: Where to put money aside for car fund?

Would you invest in a California MUNI instead of Vanguard Prime Money Market? It's 2% vs. 2.5%, but after taxes it would be slightly more...
by m@ver1ck
Wed May 01, 2019 11:51 am
Forum: Personal Investments
Topic: Negative/Subtractive Indexes?
Replies: 23
Views: 921

Re: Negative/Subtractive Indexes?

Here's the deal with AAPL (I owned about 100K stock in AAPL) last year. I have no idea why it went down to 140. And I really don't see any reason for it to go up to 207 now. Leads me to belive that analysts that are causing these huge swings have no idea what to do... - and neither do I. I started t...