Search found 6946 matches

by KyleAAA
Fri Apr 19, 2019 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 91
Views: 7083

Re: Job Offer Evaluation - FANG

Wander around the worksite at the FAANG job and notice how many 50 year olds there are and picture your future. I will be contrarian and say keep your current job, enjoy the vacation, and buy FAANG stocks. I recently toured a high end tech company - it looked like a museum of 20 year olds who lived...
by KyleAAA
Fri Apr 19, 2019 11:26 am
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 76
Views: 5352

Re: Thinking about selling stocks near all time highs

Stocks are usually at or near all time highs. If you sold every time that happened you'd never be in the market and never make any money. If your risk tolerance has decreased and you are uncomfortable with your current asset allocation, you should adjust, but that has nothing to do with the current ...
by KyleAAA
Wed Apr 17, 2019 2:29 pm
Forum: Personal Investments
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 441
Views: 35020

Re: Mr. Money Mustache, SWR, and equity allocation

You can not deny that having financial independence earlier in life is better. Period! I do deny it, if "independence" is conditional to a reduced lifestyle. Hmm, maybe it means different things to different people...? And if assumptions differ, conclusions may well diverge.... Sure it is subjectiv...
by KyleAAA
Mon Apr 15, 2019 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 17332

Re: Bogleheads, why won't anyone hire me?

I haven’t read all the replies and want to put more thought into a reply later, but I just wanted to say a few things. A. The job market is not as “great” as the stats make it sound. Most new jobs have been in retail and fast food. B. I agree it’s definitely who you know. And luck. C. My experience...
by KyleAAA
Sun Apr 14, 2019 12:37 pm
Forum: Personal Investments
Topic: Zero Fees: Fidelity Lower than Vanguard
Replies: 10
Views: 868

Re: Zero Fees: Fidelity Lower than Vanguard

There isn’t enough difference to matter anymore. Taking ERs from 0.3% to 0.04% was significant, but going from 0.04% to 0% is small. Plus, Vanguard’s funds are likely to be more tax efficient in taxable. If you are opening a brand new account you might choose fidelity, but it’s not worth switching i...
by KyleAAA
Sun Apr 14, 2019 12:03 pm
Forum: Personal Investments
Topic: If you have plenty of money, why not 100% stocks in retirement?
Replies: 107
Views: 6933

Re: If you have plenty of money, why not 100% stocks in retirement?

Sure, if you have so much that a 2% withdrawal rate will meet your needs, there’s little reason not to go all in on stocks and real estate. But why would you accumulate that much money to begin with? Most would stop when they got to 3-4%. If you enjoy your work, go for it. But most here would rather...
by KyleAAA
Sat Apr 13, 2019 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating to Seattle from Baltimore Area
Replies: 86
Views: 3862

Re: Relocating to Seattle from Baltimore Area

People complaining about not feeling safe in Seattle must lead very sheltered lives. Crime absolutely isn’t a major issue. The most common property crime is that somebody might steal a package off your porch, annoying but you can easily avoid it and you’re never in any real danger. There are a lot o...
by KyleAAA
Sat Apr 13, 2019 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating to Seattle from Baltimore Area
Replies: 86
Views: 3862

Re: Relocating to Seattle from Baltimore Area

$210k seems pretty low for FANG in Seattle. Have you run your offer past the folks on Blind? There might be a lot of room to negotiate on equity. You QOL could very well go down in Seattle with that TC. I wouldn’t assume you will be working 55 hours. WLB is famously good at most of those companies o...
by KyleAAA
Fri Apr 12, 2019 5:32 pm
Forum: Personal Consumer Issues
Topic: Help Me Move to Low Country USA
Replies: 22
Views: 2820

Re: Help Me Move to Low Country USA

chevca wrote:
Thu Apr 11, 2019 8:51 pm
What/where is "Low Country"? I've never heard that before.
https://en.wikipedia.org/wiki/South_Carolina_Lowcountry

Some people also include the sea islands, which reach into Georgia and Florida. Think most of coastal South Carolina down to Savannah, plus the islands.
by KyleAAA
Fri Apr 12, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford a $1mil home?
Replies: 37
Views: 4515

Re: Can we afford a $1mil home?

And yes, I agree we could easily move and afford a house somewhere else, but we wouldn't make anywhere near the income we make here. We moved from NYC two years ago and have significantly increased our income. We have some other reasons to stay in this area for now as well. (not for the OP, so much...
by KyleAAA
Fri Apr 12, 2019 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford a $1mil home?
Replies: 37
Views: 4515

Re: Can we afford a $1mil home?

Consider HOA but financially, yeah, you can afford it. Your multiples will be within normal range, and that's saying a lot in SF where most people have to streeeetch. Don't forget your mortgage interest deduction and probably your SALT deduction will be capped, so don't rely too much on the tax dedu...
by KyleAAA
Fri Apr 12, 2019 2:42 pm
Forum: Personal Consumer Issues
Topic: About to buy a 2019 Mazda CX-5. To turbo or not to turbo...
Replies: 72
Views: 4223

Re: About to buy a 2019 Mazda CX-5. To turbo or not to turbo...

I have a good friend who was having her first baby and wanted some advice on a family vehicle. I went with her and her husband to a few places looking at suitable cars. Her requirements were a newer car with under 80k miles and under 20K. I had mentioned a Volvo, Subaru, Honda CRV or Pilot, and a f...
by KyleAAA
Fri Apr 12, 2019 1:46 pm
Forum: Investing - Theory, News & General
Topic: Equity valuation and not caring
Replies: 50
Views: 2985

Re: Equity valuation and not caring

If U.S. equities are priced well above their historical P/E average, what's the received boglehead view on why this "overvaluation" doesn't matter beyond the basic idea of not being able to predict the future? Digging deeper, is it the idea that the historical data isn't an accurate gauge of what's...
by KyleAAA
Wed Apr 10, 2019 3:05 pm
Forum: Personal Consumer Issues
Topic: About to buy a 2019 Mazda CX-5. To turbo or not to turbo...
Replies: 72
Views: 4223

Re: About to buy a 2019 Mazda CX-5. To turbo or not to turbo...

That particular turbo is a lot of fun. The n/a is good, though.
by KyleAAA
Wed Apr 10, 2019 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 17332

Re: Bogleheads, why wont anyone hire me?

I've gotten tons of interviews just applying on the internet. That was my sole strategy during my last job search. It works because you can easily apply to hundreds of jobs within a few weeks if you needed to. If you are getting interviews but not the job, there's something else at play. That's clea...
by KyleAAA
Mon Apr 08, 2019 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 334
Views: 48544

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Earl Lemongrab wrote:
Mon Apr 08, 2019 5:59 pm
KyleAAA wrote:
Mon Apr 08, 2019 3:44 pm
I don't need alternatives, I want alternatives. I would not allow them to invest in anything I didn't want to be invested in.
Like what? And if you already know plenty about them, why do you need an adviser?
Because I don't want to handle the details myself.
by KyleAAA
Mon Apr 08, 2019 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 334
Views: 48544

Re: Does anyone here with net worths north of $1 mil use financial advisors?

If I had $100m I might engage an advisor, but that would be purely to delve a bit more into alternatives. I'd probably still hold the Institutional/Admiral shares for my core equity holdings. You can bet I'd own physical real estate and maybe a few other alternatives with 20-30% of my portfolio, th...
by KyleAAA
Mon Apr 08, 2019 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 334
Views: 48544

Re: Does anyone here with net worths north of $1 mil use financial advisors?

If I had $100m I might engage an advisor, but that would be purely to delve a bit more into alternatives. I'd probably still hold the Institutional/Admiral shares for my core equity holdings. You can bet I'd own physical real estate and maybe a few other alternatives with 20-30% of my portfolio, tho...
by KyleAAA
Sat Apr 06, 2019 12:06 pm
Forum: Personal Investments
Topic: high dividend investments
Replies: 34
Views: 2443

Re: high dividend investments

Investors can do as they please, but dividends do not increase one's wealth . PJW Also 100% stocks return better than any bond mix. But people still carry bonds, even when they are not retired and withdrawing. The concept of dividend stocks is the piece of mind it gives you correct or not there are...
by KyleAAA
Thu Apr 04, 2019 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Weighing career options (34 yo, considering leaving low COL for high COL, am I crazy?)
Replies: 54
Views: 3844

Re: Weighing career options (34 yo, considering leaving low COL for high COL, am I crazy?)

Don't ever give up a government job for a private sector one. You may easily have long periods of unemployment, a layoff after age 45 with no prospects for further employment (certainly not as a direct employee, and you will enter the gig economy as a contractor with short term jobs and terrible be...
by KyleAAA
Thu Apr 04, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Weighing career options (34 yo, considering leaving low COL for high COL, am I crazy?)
Replies: 54
Views: 3844

Re: Weighing career options (34 yo, considering leaving low COL for high COL, am I crazy?)

Chicago is a fantastic city and I would classify it as more MCOL than HCOL. If you are city people, Chicago will improve your QOL just based on all the amenities. The food scene is great so expect to spend more eating out and doing stuff. It isn't just your rent that will go up. But $200k+ in Chica...
by KyleAAA
Thu Apr 04, 2019 11:13 am
Forum: Investing - Theory, News & General
Topic: Anyone projecting a REALLY low SWR?
Replies: 24
Views: 1521

Re: Anyone projecting a REALLY low SWR?

Live it up after retirement! Business class to another continent every year and all-inclusive Caribbean resorts sound like a good plan.
by KyleAAA
Wed Apr 03, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Weighing career options (34 yo, considering leaving low COL for high COL, am I crazy?)
Replies: 54
Views: 3844

Re: Weighing career options (34 yo, considering leaving low COL for high COL, am I crazy?)

Chicago is a fantastic city and I would classify it as more MCOL than HCOL. If you are city people, Chicago will improve your QOL just based on all the amenities. The food scene is great so expect to spend more eating out and doing stuff. It isn't just your rent that will go up. But $200k+ in Chicag...
by KyleAAA
Tue Apr 02, 2019 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Sanity check: Buying new house -- 400k with 155k income?
Replies: 46
Views: 5040

Re: Sanity check: Buying new house -- 400k with 155k income?

You could reasonably afford up to $600k unless you have a lot of debt you didn't mention. If your wife went back to work you could afford even more. Point is, you won't have a cash flow problem with a $400k house.
by KyleAAA
Mon Apr 01, 2019 4:07 pm
Forum: Personal Investments
Topic: Safe way to "bet" against LYFT?
Replies: 36
Views: 3831

Re: Safe way to "bet" against LYFT?

My thinking is this: LYFT' and Uber can't make money without self-driving cars. I willing to bet such cars ain't gonna' happen for decades, if ever. The problem is that I have to be buying out of the money puts for a long time to for this to pan out for me. You know what Keynes said about how long ...
by KyleAAA
Mon Apr 01, 2019 3:33 pm
Forum: Personal Investments
Topic: Safe way to "bet" against LYFT?
Replies: 36
Views: 3831

Re: Safe way to "bet" against LYFT?

I think $70ish is about right for Lyft, so I wouldn’t bet against it. The secular trend behind ride sharing isn’t disappearing and there is more than enough market opportunity for both lyft and Uber to thrive. But for what you want, either shorting coupled with a long term call to hedge or buy puts...
by KyleAAA
Mon Apr 01, 2019 12:25 pm
Forum: Investing - Theory, News & General
Topic: Which Vanguard Dividend Fund to pick?
Replies: 47
Views: 3009

Re: Which Vanguard Dividend Fund to pick?

Both of those funds are good at what they do. What are you trying to accomplish? What does the rest of your portfolio look like? It is never wise to evaluate an investment in isolation. What matters is how it works in the context of your overall portfolio. The way you phrased the question makes it s...
by KyleAAA
Mon Apr 01, 2019 12:11 pm
Forum: Personal Investments
Topic: Small Cap and/or Value Tilt in a Taxable Portfolio
Replies: 3
Views: 252

Re: Small Cap and/or Value Tilt in a Taxable Portfolio

Vanguard doesn’t have great international options beyond the broad cap weighted total <segment> funds. For international small value/multi factor, FNDC and ISCF seem like good options. For emerging markets, DGS and EMGF are worth looking into. Note that the ishares multi factor ETFs are fairly new a...
by KyleAAA
Mon Apr 01, 2019 10:58 am
Forum: Personal Consumer Issues
Topic: Best place to buy Microsoft Office 2019....
Replies: 85
Views: 6096

Re: Best place to buy Microsoft Office 2019....

MSFT is currently the top holding in the Total Stock Market Index fund. Please do us all a favor and pay the annual subscription so our 401ks go up 0.00001%. For real though, the Outlook 365 cloud version is dramatically superior to the installed version if you actually need Office. If you just need...
by KyleAAA
Sat Mar 30, 2019 1:14 pm
Forum: Personal Investments
Topic: Safe way to "bet" against LYFT?
Replies: 36
Views: 3831

Re: Safe way to "bet" against LYFT?

I think $70ish is about right for Lyft, so I wouldn’t bet against it. The secular trend behind ride sharing isn’t disappearing and there is more than enough market opportunity for both lyft and Uber to thrive. But for what you want, either shorting coupled with a long term call to hedge or buy puts...
by KyleAAA
Sat Mar 30, 2019 12:51 pm
Forum: Personal Investments
Topic: Safe way to "bet" against LYFT?
Replies: 36
Views: 3831

Re: Safe way to "bet" against LYFT?

I think $70ish is about right for Lyft, so I wouldn’t bet against it. The secular trend behind ride sharing isn’t disappearing and there is more than enough market opportunity for both lyft and Uber to thrive. But for what you want, either shorting coupled with a long term call to hedge or buy puts.
by KyleAAA
Fri Mar 29, 2019 10:49 pm
Forum: Personal Investments
Topic: VTI vs. Cap-weighted Portfolio
Replies: 11
Views: 723

Re: VTI vs. Cap-weighted Portfolio

I realized I didn't quite explain why I setup the choices that way. I know that financial planners say you should invest in growth, growth & income, aggressive growth, and international so I was putting that view to the test, viz-a-viz the VTI-only approach. I like the idea of buying the haystack a...
by KyleAAA
Fri Mar 29, 2019 12:21 am
Forum: Investing - Theory, News & General
Topic: Vanguard Balanced Index (VBIAX) vs. Vanguard LifeStrategy Moderate Growth Fund (VSMGX)
Replies: 14
Views: 1353

Re: Vanguard Balanced Index (VBIAX) vs. Vanguard LifeStrategy Moderate Growth Fund (VSMGX)

The lifestrategy fund is significantly more diversified and the cost difference is inconsequential. It would be difficult to justify buying balanced index over the lifestrategy fund unless you had a very specific reason to do so.
by KyleAAA
Thu Mar 28, 2019 11:21 am
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 155
Views: 17896

Re: What's your cash position

The only dedicated cash position I have is my emergency fund, which sits at around 12 months worth of expenses. When I retire I will probably shorten my bond duration a bit, but I doubt I will keep cash beyond enough to fund the next few months worth of spending.
by KyleAAA
Wed Mar 27, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: New Honda CR-V vs. 2-3 Year Old CR-V?
Replies: 11
Views: 667

Re: New Honda CR-V vs. 2-3 Year Old CR-V?

Honda claims to have fixed the oil issue in the 2019 model, fwiw. But yeah, the non-turbo LX version is probably a better value anyway.
by KyleAAA
Wed Mar 27, 2019 3:39 pm
Forum: Personal Investments
Topic: DFA, iShares edge Factor, Vanguard decisions
Replies: 9
Views: 942

Re: DFA, iShares edge Factor, Vanguard decisions

The ishares edge ETFs seem to have relatively small factor loads, maybe because of the sector guardrails. Because of that, I don't know if it's worth owning one of them unless it is your only holding in that segment. Otherwise, you dilute the factor loadings too much. The Vanguard multifactor fund ...
by KyleAAA
Wed Mar 27, 2019 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: New Honda CR-V vs. 2-3 Year Old CR-V?
Replies: 11
Views: 667

Re: New Honda CR-V vs. 2-3 Year Old CR-V?

I think the CRV got a lot more attractive with the 2017 redesign. I think the interior got a significant improvement, although the infotainment system is still horrible. It has slightly more cargo space and slightly more rear legroom. I'd be wary of buying the first year of a redesign, though, so ei...
by KyleAAA
Wed Mar 27, 2019 11:54 am
Forum: Investing - Theory, News & General
Topic: Move beyond stocks after couple mil ?
Replies: 44
Views: 5962

Re: Move beyond stocks after couple mil ?

Real estate and franchises are like any other business. They aren't any inherently easier to succeed in, and there is a LOT of competition from people with plenty of experiences in these businesses. If you got those first few mil by working in real estate and franchises than you probably have some ...
by KyleAAA
Wed Mar 27, 2019 11:30 am
Forum: Personal Investments
Topic: DFA, iShares edge Factor, Vanguard decisions
Replies: 9
Views: 942

Re: DFA, iShares edge Factor, Vanguard decisions

The ishares edge ETFs seem to have relatively small factor loads, maybe because of the sector guardrails. Because of that, I don't know if it's worth owning one of them unless it is your only holding in that segment. Otherwise, you dilute the factor loadings too much. The Vanguard multifactor fund s...
by KyleAAA
Tue Mar 26, 2019 1:08 pm
Forum: Personal Consumer Issues
Topic: Bogleheads with $100K+ MSRP cars?
Replies: 146
Views: 19737

Re: Bogleheads with $100K+ MSRP cars?

LiveSimple wrote:
Tue Mar 26, 2019 12:23 pm
KyleAAA wrote:
Tue Mar 26, 2019 11:28 am
I could see myself paying $50k for a used car that cost $100k new some day. Maybe when I get to 8 figures.
Then what are you going to do with the $9,999,950
beer
by KyleAAA
Tue Mar 26, 2019 1:08 pm
Forum: Investing - Theory, News & General
Topic: Move beyond stocks after couple mil ?
Replies: 44
Views: 5962

Re: Move beyond stocks after couple mil ?

How passive do you want to be and how much do you want to earn? You can get higher returns being more active in direct real estate, but those returns don't come for free. I wouldn't recommend getting into franchises unless you want to quit your day job and own a full-time business. There is a strong...
by KyleAAA
Tue Mar 26, 2019 11:28 am
Forum: Personal Consumer Issues
Topic: Bogleheads with $100K+ MSRP cars?
Replies: 146
Views: 19737

Re: Bogleheads with $100K+ MSRP cars?

I could see myself paying $50k for a used car that cost $100k new some day. Maybe when I get to 8 figures.
by KyleAAA
Sun Mar 24, 2019 12:09 pm
Forum: Personal Consumer Issues
Topic: When your responsibility to your children ends?
Replies: 76
Views: 6873

Re: When your responsibility to your children ends?

Never. That doesn’t imply the help need be financial.
by KyleAAA
Sun Mar 24, 2019 11:39 am
Forum: Personal Consumer Issues
Topic: Anybody tempted by the new iPads?
Replies: 37
Views: 3082

Re: Anybody tempted by the new iPads?

Steve Jobs is rolling in his grave over the Apple Pencil. Personally, I think the tablet's prime is past. Even just for generic web browsing it's a pain using my iPad vs laptop. This is a fundamental misunderstanding of what Job’s meant. At the time of that comment, the majority of touch devices re...
by KyleAAA
Sun Mar 24, 2019 11:36 am
Forum: Personal Consumer Issues
Topic: Aetna website identity tracking for personalized experience
Replies: 4
Views: 320

Re: Aetna website identity tracking for personalized experience

While it is really easy to do what you are asking at a technical level, I have to think doing something like that would run afoul of HIPPA in some way. What if the site were personalized in such a way that somehow revealed private medical info to somebody looking over her shoulder? Seems like a big ...
by KyleAAA
Sun Mar 24, 2019 12:42 am
Forum: Personal Finance (Not Investing)
Topic: Where do you find high paying jobs?
Replies: 72
Views: 5341

Re: Where do you find high paying jobs?

If you read ‘blind’, you will be depressed. People make $300k to $800k at FAANG. New grads at Amazon start at $150k total comp. Or read this levels.fyi Don't believe half of what you read on Blind. I can vouch that the comp numbers on blind are generally realistic, but not for any individual claims...
by KyleAAA
Sun Mar 24, 2019 12:36 am
Forum: Personal Finance (Not Investing)
Topic: Where do you find high paying jobs?
Replies: 72
Views: 5341

Re: Where do you find high paying jobs?

If you read ‘blind’, you will be depressed. People make $300k to $800k at FAANG. New grads at Amazon start at $150k total comp. Or read this levels.fyi Don't believe half of what you read on Blind. I can vouch that the comp numbers on blind are generally realistic, but not for any individual claims...
by KyleAAA
Sat Mar 23, 2019 11:05 pm
Forum: Personal Consumer Issues
Topic: Anybody tempted by the new iPads?
Replies: 37
Views: 3082

Re: Anybody tempted by the new iPads?

Steve Jobs is rolling in his grave over the Apple Pencil. Personally, I think the tablet's prime is past. Even just for generic web browsing it's a pain using my iPad vs laptop. This is a fundamental misunderstanding of what Job’s meant. At the time of that comment, the majority of touch devices re...
by KyleAAA
Sat Mar 23, 2019 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Where do you find high paying jobs?
Replies: 72
Views: 5341

Re: Where do you find high paying jobs?

Get an in demand skill in an industry with above average profit margins in a revenue generating unit. Doctor, software engineer, quant trader on Wall Street, etc are all examples.