Search found 7117 matches

by KyleAAA
Thu Jul 18, 2019 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Buying a home; Very HCOL Area
Replies: 40
Views: 3538

Re: Buying a home; Very HCOL Area

$600k for a move in ready house doesn’t sound VHCOL at all. Even cities like Atlanta are higher than that in desirable neighborhoods. Where I live $600k won’t even get you a tear down, much less a fixer upper. If your income supports it, go for it.
by KyleAAA
Wed Jul 17, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 7514

Re: No A/C in Office [not a safe work environment]

Work AC broke two days ago, it is 90 degrees outside and probably hotter in the building, since we have no breeze or airflow. The boss refuses to close the office, even thought the other 4 floors every company is not working. Company is small and has no HR, at what point is this not a safe work env...
by KyleAAA
Wed Jul 17, 2019 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 7514

Re: No A/C in Office [not a safe work environment]

Definitely unsafe. People have died in such an environment. Is a work from home arrangement possible until it is fixed? When will it be fixed? That most people are not harmed by this environment or that some people have it worse is not relevant. If only 1 in 1,000,000 people have a negative health ...
by KyleAAA
Wed Jul 17, 2019 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 7514

Re: No A/C in Office [not a safe work environment]

But then no workplace can be considered safe. Which is probably fair, if you consider safe as "guaranteed not to harm you." Not really. 90+ indoor heat is a known significant risk factor, whereas the basket of other random things that could happen (a meteor hits you in the bathroom stall) are not. ...
by KyleAAA
Wed Jul 17, 2019 12:21 pm
Forum: Personal Consumer Issues
Topic: Would you pay that much for parking?
Replies: 26
Views: 1755

Re: Would you pay that much for parking?

If I lived in a snowy area, sure. Where I live now, no.
by KyleAAA
Tue Jul 16, 2019 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: Do you care about your home appreciating?
Replies: 91
Views: 4645

Re: Do you care about your home appreciating?

Unless you are sure it is your forever home, then yes. Sure, your next home will also be more expensive but your equity will increase many times faster due to leverage, so you still come out well ahead. The equity increases at the rate of your home value, regardless of your mortgage. If you own a $...
by KyleAAA
Tue Jul 16, 2019 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Do you care about your home appreciating?
Replies: 91
Views: 4645

Re: Do you care about your home appreciating?

Unless you are sure it is your forever home, then yes. Sure, your next home will also be more expensive but your equity will increase many times faster due to leverage, so you still come out well ahead. but will it? lets say I purchase a home for 200k now., I put down 20% (40k). Home goes up in val...
by KyleAAA
Tue Jul 16, 2019 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 7514

Re: No A/C in Office [not a safe work environment]

That most people are not harmed by this environment or that some people have it worse is not relevant. If only 1 in 1,000,000 people have a negative health outcome to this environment, does that qualify as safe? Of course not. But then no workplace can be considered safe. Which is probably fair, if...
by KyleAAA
Tue Jul 16, 2019 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 7514

Re: No A/C in Office [not a safe work environment]

That most people are not harmed by this environment or that some people have it worse is not relevant. If only 1 in 1,000,000 people have a negative health outcome to this environment, does that qualify as safe? Of course not. But then no workplace can be considered safe. Which is probably fair, if...
by KyleAAA
Tue Jul 16, 2019 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Do you care about your home appreciating?
Replies: 91
Views: 4645

Re: Do you care about your home appreciating?

Unless you are sure it is your forever home, then yes. Sure, your next home will also be more expensive but your equity will increase many times faster due to leverage, so you still come out well ahead.
by KyleAAA
Tue Jul 16, 2019 11:20 am
Forum: Personal Investments
Topic: Poor financial advisor performance
Replies: 71
Views: 3827

Re: Poor financial advisor performance

It is human nature to look at an alternative path that has worked out better — even if just in the short run — than the one you chose and be unhappy. But the OP’s advisor isn’t making changes without consulting him; the OP has signed off on the changes and so has some responsibility for the results...
by KyleAAA
Tue Jul 16, 2019 9:36 am
Forum: Personal Finance (Not Investing)
Topic: College cost prediction and savings for 5, 3, and newborn
Replies: 99
Views: 4683

Re: College cost prediction and savings for 5, 3, and newborn

My plan is to dump $30k into my son's 529 each of the first 2 years of his life, invest fairly aggressively, and let it ride. I will reevaluate when he is 13 to see if I should contribute more. No state income tax so no point in spreading out contributions for a deduction. I figure with decent gains...
by KyleAAA
Mon Jul 15, 2019 6:30 pm
Forum: Personal Investments
Topic: Poor financial advisor performance
Replies: 71
Views: 3827

Re: Poor financial advisor performance

The portfolio you posted is more complex than it needs to be, but in general is quite good. I would not fault an advisor for those picks. International and small value have lagged large growth over the last several years. That’s the point of diversification: something is always underperforming. The ...
by KyleAAA
Mon Jul 15, 2019 4:59 pm
Forum: Investing - Theory, News & General
Topic: dumb question about mutual fund returns
Replies: 8
Views: 770

Re: dumb question about mutual fund returns

Mutual funds do not pay taxes, so it would be you. There are 2 sources of taxes on mutual funds. 1.) Dividends and capital gains distributions are made every year. You owe tax on them even if you don’t sell your shares. That is the 5% number mentioned I.e. taxes on those dividends and distributions ...
by KyleAAA
Mon Jul 15, 2019 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 7514

Re: No A/C in Office [not a safe work environment]

Definitely unsafe. People have died in such an environment. Is a work from home arrangement possible until it is fixed? When will it be fixed? That most people are not harmed by this environment or that some people have it worse is not relevant. If only 1 in 1,000,000 people have a negative health o...
by KyleAAA
Mon Jul 15, 2019 4:50 pm
Forum: Personal Investments
Topic: Poor financial advisor performance
Replies: 71
Views: 3827

Re: Poor financial advisor performance

Did you use an appropriate benchmark? If, for example, your portfolio contains international stocks (very likely) and the benchmark doesn’t (likely), it is not a valid comparison.
by KyleAAA
Mon Jul 15, 2019 12:43 pm
Forum: Investing - Theory, News & General
Topic: Agree? Article: Tracking the Agg? Why the Bond Index May Not Work.
Replies: 14
Views: 1752

Re: Agree? Article: Tracking the Agg? Why the Bond Index May Not Work.

Very, very shallow article. Not really any meat to discuss. They are an active money manager so of course they say you can do better than the index.
by KyleAAA
Mon Jul 15, 2019 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: House not appraising for amount we were offered!
Replies: 117
Views: 10539

Re: House not appraising for amount we were offered!

We put our house on the market on a Friday morning and by 8pm that night, we had an offer for 257k. Our asking price was 254.9k, so the offer was obviously a huge offer. Fast forward to last week and the appraisal came back 230k. We now have a dilemma because most banks only loan up to the appraisa...
by KyleAAA
Mon Jul 15, 2019 11:17 am
Forum: Personal Finance (Not Investing)
Topic: House not appraising for amount we were offered!
Replies: 117
Views: 10539

Re: House not appraising for amount we were offered!

We put our house on the market on a Friday morning and by 8pm that night, we had an offer for 257k. Our asking price was 254.9k, so the offer was obviously a huge offer. Fast forward to last week and the appraisal came back 230k. We now have a dilemma because most banks only loan up to the appraisa...
by KyleAAA
Mon Jul 15, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Tenant turned off all utilities advice please!!
Replies: 83
Views: 6801

Re: Tenant turned off all utilities advice please!!

michaeljc70 wrote:
Mon Jul 15, 2019 11:07 am
wilked wrote:
Mon Jul 15, 2019 8:59 am
As a landlord you need to utilize attorneys for these very things.
How much of the $1200 in question is going to go to the attorney?
Maybe $150 at most, potentially much less. And next time something like this happens, you won’t need to consult an attorney at all.
by KyleAAA
Mon Jul 15, 2019 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Tenant turned off all utilities advice please!!
Replies: 83
Views: 6801

Re: Tenant turned off all utilities advice please!!

If you’re going to be a landlord you need to develop a relationship with a good RE attorney in your area. You don’t need them on retainer or anything but you should have somebody to ask questions like this. In most cases it will be a quick consultation at moderate cost. You should also buy and read ...
by KyleAAA
Sun Jul 14, 2019 10:44 pm
Forum: Personal Investments
Topic: Phase out EF [Emergency Fund]?
Replies: 111
Views: 4683

Re: Phase out EF?

For me, about 5x my desired EF. But I will never go below 3-4months worth of expenses in cash. That's a small enough portion of my portfolio to be inconsequential, or at least itnwull be soon.
by KyleAAA
Sun Jul 14, 2019 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Did rockstarfinance.com sell their domain? It's trash now.
Replies: 18
Views: 2158

Re: Did rockstarfinance.com sell their domain? It's trash now.

Wonder how the current crappy owner is monetizing the site when hits/views are dropping like crazy. My consolation prizes are campfirefinance who still does daily articles curation. And Grant Sabateur(??) Who I stopped reading due to him shilling his new book too much. Hits and views are worth very...
by KyleAAA
Sun Jul 14, 2019 5:54 pm
Forum: Personal Consumer Issues
Topic: I think i can spend 30k on this vacation, but wife not sure
Replies: 77
Views: 6902

Re: I think i can spend 30k on this vacation, but wife not sure

I did a safari for a fraction of that and I'm not exactly a penny pincher. Where is all that money going?
by KyleAAA
Sun Jul 14, 2019 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Did rockstarfinance.com sell their domain? It's trash now.
Replies: 18
Views: 2158

Re: Did rockstarfinance.com sell their domain? It's trash now.

I believe it was sold to a portfolio investor, so they have every incentive to milk as much revenue out of it as possible. I'm sure it was in the low-mid 6 figure range.
by KyleAAA
Sun Jul 14, 2019 9:34 am
Forum: Personal Consumer Issues
Topic: Anyone buy the Nissan Rogue over the Honda CRV???
Replies: 85
Views: 4773

Re: Anyone buy the Nissan Rogue over the Honda CRV???

Other than the oil issue, which has apparently been fixed in the latest model, are there really any major complaints about the CRV? It has more interior space than most of its competitors. The only CUV I would consider as an alternative would be the Mazda CX5, which would be much more fun to drive a...
by KyleAAA
Sat Jul 13, 2019 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Invest in career change to Accounting for 37 yr old? Would it be foolish?
Replies: 145
Views: 7132

Re: Invest in career change to Accounting for 37 yr old? Would it be foolish?

My wife says passing the CPA exams was one of the hardest things she ever had to do. Solid earning potential, though. And every company needs accountants, so jobs are everywhere. I don't see why 37 would be too late. The downside is long hours during month end close. You can forget taking vacations ...
by KyleAAA
Fri Jul 12, 2019 11:36 pm
Forum: Personal Consumer Issues
Topic: Company not addressing my dad's health condition
Replies: 29
Views: 2661

Re: Company not addressing my dad's health condition

The manager should have referred your dad to HR. Managers tend not to have the training to deal with these issues and you're usually better off going straight to HR (send an email first so there's a record of it). He'll need to provide some sort of doctor's note but assuming the company isn't some 4...
by KyleAAA
Wed Jul 10, 2019 5:25 pm
Forum: Personal Consumer Issues
Topic: Job Promotion - How to Show on Resume
Replies: 40
Views: 3218

Re: Job Promotion - How to Show on Resume

Thanks for all the replies, sorry for the late response y'all. To be clear, I would never put Controller as my title without holding the position. I was just looking for feedback to see if there was a "proper" way to represent there was a promotion on the table. I said in the initial post that I di...
by KyleAAA
Wed Jul 10, 2019 2:29 pm
Forum: Personal Investments
Topic: Yet another ETF premium/discount discussion
Replies: 28
Views: 987

Re: Yet another ETF premium/discount discussion

My hunch is they are the same and the difference in expense ratio reflects that. But I do know that market returns during the day have been nil, while virtually all of the market return has occurred overnight. Why risk open market transactions with an ETFs when you can just purchase a MF at NAV? No...
by KyleAAA
Tue Jul 09, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Wealthfront Wants Login Info.
Replies: 7
Views: 503

Re: Wealthfront Wants Login Info.

It would be a deal-breaker for me. When you create a login at Vanguard or anywhere else, you physically or electronically sign something saying, one way or another, that you agree not to disclose your password. I don't disclose my passwords, period. That's what everyone who issues me a password tel...
by KyleAAA
Sat Jul 06, 2019 12:14 pm
Forum: Personal Investments
Topic: Does International makes sense in this situation?
Replies: 6
Views: 524

Re: Does International makes sense in this situation?

VTIAX actually isn’t tax inefficient at all. It’s a reasonable choice in taxable. It may be that total stock index or small value ends up being more tax efficient over the next 10 years, but that would be difficult to predict.
by KyleAAA
Sat Jul 06, 2019 12:10 pm
Forum: Investing - Theory, News & General
Topic: Historically has it been bad to withhold further contributions 8 years after the beginning of a bull market?
Replies: 36
Views: 3460

Re: Historically has it been bad to withhold further contributions 8 years after the beginning of a bull market?

Common wisdom among the pundits and also the small folk is that we're over extended this latest bull market. Some people I know are witholding futher contributions or even divesting in anticipation of a sharp downturn. Not really my way of looking at the market and I suspect most here feel the same...
by KyleAAA
Fri Jul 05, 2019 7:07 pm
Forum: Personal Investments
Topic: Invest $2-3M now and how? Index vs self made stock portfolio? How's my Portfolio?
Replies: 111
Views: 5841

Re: Invest $2-3M now and how? Index vs self made stock portfolio? How's my Portfolio?

You say you can do a lot of things that I am fairly certain you can’t actually do. Certainly the professionals who dedicate their entire adult lives to this can’t do so reliably, which is why index funds are so popular to begin with. What you are proposing is many, many, many times more difficult th...
by KyleAAA
Fri Jul 05, 2019 7:03 pm
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 83
Views: 8095

Re: Pick one: $135,000 rental property or $110,000 in REITs

I would say a lot of it depends on whether you want a second, part-time job (or maybe less part-time that you might like depending on the house, tenant, etc.). The current yield on VNQ would mean about $4,300 to $4,400 a year (3.98% on $110,000), so roughly $2,000 less than the net you're talking a...
by KyleAAA
Fri Jul 05, 2019 6:59 pm
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 83
Views: 8095

Re: Pick one: $135,000 rental property or $110,000 in REITs

Pre-tax money is not equivalent to post-tax money. It’s trivial to defer taxes essentially forever on rental properties. It is also likely to be much more tax efficient on an ongoing basis than VNQ. I'm nothing close to a real estate expert, but my understanding is that once the property's deprecia...
by KyleAAA
Fri Jul 05, 2019 12:53 am
Forum: Personal Investments
Topic: Microsoft bond
Replies: 15
Views: 1875

Re: Microsoft bond

It depends entirely on the prevailing interest rate. Bond prices move inversely with rates. If rates double, you will see a big move.
by KyleAAA
Fri Jul 05, 2019 12:50 am
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 83
Views: 8095

Re: Pick one: $135,000 rental property or $110,000 in REITs

For the situation described in the OP (opening post), the rental property is owned free and clear. In its current as-is condition with no repairs, it can sell for $135,000. What are your thoughts about owning this $135,000 free and clear rental property vs. $110,000 in VNQ ? $135k > $110k Pre-tax m...
by KyleAAA
Thu Jul 04, 2019 10:56 am
Forum: Investing - Theory, News & General
Topic: "Converting Vanguard Mutual Funds To ETFs"
Replies: 22
Views: 2242

Re: "Converting Vanguard Mutual Funds To ETFs"

This is going to have to be the next topic I add to my “don’t read these threads” list along with International. I actually find the numerous ETF threads to be kind of funny from a psychological perspective. Too numerous or unnecessary choices tend to confuse people. My personal view on ETFs is tha...
by KyleAAA
Thu Jul 04, 2019 10:38 am
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 83
Views: 8095

Re: Pick one: $135,000 rental property or $110,000 in REITs

Why is everyone fixated on comparing the yields on cost? That’s probably the least relevant metric to look at. What if OP earns $6500 net profit but only has 25% equity? Suddennly that becomes a 19% cash yield not including appreciation or tax benefits. Yeah, people who don’t know how to properly e...
by KyleAAA
Wed Jul 03, 2019 6:12 pm
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 83
Views: 8095

Re: Pick one: $135,000 rental property or $110,000 in REITs

Why is everyone fixated on comparing the yields on cost? That’s probably the least relevant metric to look at. What if OP earns $6500 net profit but only has 25% equity? Suddennly that becomes a 19% cash yield not including appreciation or tax benefits. Yeah, people who don’t know how to properly e...
by KyleAAA
Wed Jul 03, 2019 5:59 pm
Forum: Investing - Theory, News & General
Topic: VFMF (Vanguard Multifactor) == Closet Value Index Fund
Replies: 59
Views: 4746

Re: VFMF (Vanguard Multifactor) == Closet Value Index Fund

Why such a large negative alpha? I would expect some, but -3ish% seems excessive. Is it due to reconstitution?
by KyleAAA
Wed Jul 03, 2019 5:31 pm
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 83
Views: 8095

Re: Pick one: $135,000 rental property or $110,000 in REITs

I would say a lot of it depends on whether you want a second, part-time job (or maybe less part-time that you might like depending on the house, tenant, etc.). The current yield on VNQ would mean about $4,300 to $4,400 a year (3.98% on $110,000), so roughly $2,000 less than the net you're talking a...
by KyleAAA
Wed Jul 03, 2019 5:29 pm
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 83
Views: 8095

Re: Pick one: $135,000 rental property or $110,000 in REITs

Why is everyone fixated on comparing the yields on cost? That’s probably the least relevant metric to look at. What if OP earns $6500 net profit but only has 25% equity? Suddennly that becomes a 19% cash yield not including appreciation or tax benefits. Yeah, people who don’t know how to properly ev...
by KyleAAA
Tue Jul 02, 2019 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: HCOL vs LCOL Dilemma
Replies: 96
Views: 4736

Re: HCOL vs LCOL Dilemma

There are so many great places to live in this country, literally something for everyone. That is unfortunately not the case if good year-round climate is one of your criteria for a great place to live. Opinions on what constitutes a great climate differ dramatically. Not everybody would agree Cali...
by KyleAAA
Tue Jul 02, 2019 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: HCOL vs LCOL Dilemma
Replies: 96
Views: 4736

Re: HCOL vs LCOL Dilemma

1) If you believe that you have diversity in a $1m+ neighborhood, we have a different definition of diversity. KlangFool, what you are missing is that in many CA neighborhoods, all the homes cost $1M+, but the only people who need to afford that are newcomers who buy i n. Plenty of diversity in the...
by KyleAAA
Tue Jul 02, 2019 12:15 pm
Forum: Investing - Theory, News & General
Topic: "Converting Vanguard Mutual Funds To ETFs"
Replies: 22
Views: 2242

Re: "Converting Vanguard Mutual Funds To ETFs"

IMO the tax managed funds have been obselete for long time. No need to sell if you already own one, but i wouldn't add more money.
by KyleAAA
Tue Jul 02, 2019 12:11 pm
Forum: Personal Consumer Issues
Topic: Overstaying Tenant and Illegal hoarding
Replies: 19
Views: 1604

Re: Overstaying Tenant and Illegal hoarding

Thanks for the replies. I would like to clarify certain details: None of which matter as much as your jurisdiction and the rental laws therein. This is lawyer territory, OP; you can cause yourself serious damage if you make mistakes in the process. Call a lawyer today. This. You're on the verge of ...
by KyleAAA
Tue Jul 02, 2019 12:08 pm
Forum: Personal Consumer Issues
Topic: Overstaying Tenant and Illegal hoarding
Replies: 19
Views: 1604

Re: Overstaying Tenant and Illegal hoarding

How about 1 week notice (again) and change the locks? Hire a locksmith and be there with him while he changes the locks. As mentioned, much will depend on state/city rules. This is almost certainly bad advice. Contact a lawyer ASAP. Again, who actually owns the property is not the relevant piece of...