Search found 8152 matches

by KyleAAA
Fri May 29, 2020 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Simple jobs during FATFire?
Replies: 84
Views: 5039

Re: Simple jobs during FATFire?

Open a margarita stand on the beach.
by KyleAAA
Thu May 28, 2020 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: 16 Weeks Paternity Leave
Replies: 119
Views: 7598

Re: 16 Weeks Paternity Leave

Experiences vary. This does not represent the experience of either my wife or I through 2 kids and it's not like we have high-stress jobs. Lucky for you. Note that it wasn't just feeding and changing the baby. It was innumerable dr appointments, cleaning everything, laundry, yardwork, shopping, etc...
by KyleAAA
Thu May 28, 2020 10:06 am
Forum: Investing - Theory, News & General
Topic: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?
Replies: 186
Views: 17742

Re: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?

stocknoob4111 wrote:
Thu May 28, 2020 3:02 am
This rally does not necessarily mean anything... we went from 3386 to 2237 in few weeks.. that could happen again
It doesn't necessarily not mean anything, either.
by KyleAAA
Thu May 28, 2020 10:05 am
Forum: Personal Finance (Not Investing)
Topic: 16 Weeks Paternity Leave
Replies: 119
Views: 7598

Re: 16 Weeks Paternity Leave

I don’t think someone who refers to paternity leave as a vacation is going to get it. That mentality really annoyed me when I was on paternity leave. Taking care of an infant is much, much more difficult than going to work. It's the opposite of vacation. Going back to work was the vacation. Experie...
by KyleAAA
Wed May 27, 2020 10:56 am
Forum: Personal Finance (Not Investing)
Topic: "Vacation" Home as First Home Purchase?
Replies: 14
Views: 1449

Re: "Vacation" Home as First Home Purchase?

Seems a bit risky in that vacation rental demand may take quite a while to rebound. Long after you may be required to move back to your current city for some reason. What if people prefer secluded mountain cabins rather than crowded beach condos for the next decade due to all this? It could happen. ...
by KyleAAA
Tue May 26, 2020 6:24 pm
Forum: Personal Investments
Topic: [Is an Investment Policy Statement needed? How do I write one?]
Replies: 43
Views: 1380

Re: [Is an Investment Policy Statement needed? How do I write one?]

Yes, if you think it would you achieve your goals. Not everybody needs one. Many find it helpful.
by KyleAAA
Tue May 26, 2020 12:43 am
Forum: Personal Finance (Not Investing)
Topic: How to convince amazon.com - Spending is difficult and confusing to track
Replies: 17
Views: 2146

Re: How to convince amazon.com - Spending is difficult and confusing to track

Jeff Bezos is known to actually read customer emails. There are tons of free tools you could use to accomplish this though.
by KyleAAA
Tue May 26, 2020 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Yet another "can I afford this house"?
Replies: 12
Views: 1426

Re: Yet another "can I afford this house"?

$600k doesn't sound VHCOL to me. You can afford $1.3mm cash plus 3x income of $1.8m = $3.1m house. You'll probably find it difficult to retire in 10 years with that mortgage. So maybe only borrow 1x your income = $1.9mm.
by KyleAAA
Mon May 25, 2020 1:56 pm
Forum: Personal Consumer Issues
Topic: New Vehicle: Forester or Rav4 for boglehead couple
Replies: 65
Views: 3520

Re: New Vehicle: Forester or Rav4 for boglehead couple

The Mazda CX5 is very nice but a bit less storage space. It will be the "sportiest" option and is probably the best all around value. If you don't want a CVT, the new CRV hybrid is worth a look. Most storage space by a significant margin. RAV4 styling is better, but having extra space to carry kid's...
by KyleAAA
Sat May 23, 2020 2:34 pm
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 104
Views: 7196

Re: NJ property taxes too high. What are my alternative states?

You probably shouldn’t look at property tax in isolation. Several states that don’t have an income tax have high property and sales taxes. But if you make a decent income, you’re probably still better off. Areas of Texas and a Florida could be nice. Washington if you like milder weather.
by KyleAAA
Fri May 22, 2020 12:36 am
Forum: Investing - Theory, News & General
Topic: artificial intelligence ETFs
Replies: 20
Views: 1610

Re: artificial intelligence ETFs

I really question their methodology. Why Are Google, Amazon, and Microsoft not the top 3 holdings at something like 20% each? They are far and away the leaders just based on their scale. I find it hard to take this ETF seriously. This ETF should basically be FAANG plus a few others like NVidia and M...
by KyleAAA
Thu May 21, 2020 6:54 pm
Forum: Forum Issues and Administration
Topic: Support the site through Amazon?
Replies: 23
Views: 1333

Re: Support the site through Amazon?

Following that wiki link I do see the tag you reference. But then when I go shopping, let's say for this pressure washer, the URL doesn't give me confidence I'm supporting the site: "https://www.amazon.com/TACKLIFE-Pressure-Multiple-Accessories-Efficient/dp/B082PV22TL/ref=pd_rhf_ee_p_img_7?_encodin...
by KyleAAA
Thu May 21, 2020 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: LLC or as individual when investing in CRE syndication?
Replies: 10
Views: 538

Re: LLC or as individual when investing in CRE syndication?

I'm not a tax accountants but AFAIK a single member LLC would-be a disregarded entity as far as taxes are concerned. You'd owe the same tax either way. If you elected to be taxed as an S Corp that might change things. I don't think it would save you any taxes. What business expenses a would the LLC...
by KyleAAA
Wed May 20, 2020 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: LLC or as individual when investing in CRE syndication?
Replies: 10
Views: 538

Re: LLC or as individual when investing in CRE syndication?

I'm not a tax accountant but AFAIK a single member LLC would be a disregarded entity as far as taxes are concerned. You'd owe the same tax either way. If you elected to be taxed as an S Corp that might change things. I don't think it would save you any taxes. What business expenses a would the LLC h...
by KyleAAA
Wed May 20, 2020 9:45 pm
Forum: Forum Issues and Administration
Topic: Support the site through Amazon?
Replies: 23
Views: 1333

Re: Support the site through Amazon?

1.) Please clarify your question. Are you asking if you click a link and then separately open the Amazon app, on this or another device, will the site receive a referral? If you added it to your cart on the web and simply checked out in the app, I believe so. If you didn't add it to your cart on the...
by KyleAAA
Tue May 19, 2020 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: New job / wife 33 weeks pregnant / paternity
Replies: 42
Views: 4327

Re: New job / wife 33 weeks pregnant / paternity

Do you and your wife work at the same company? Wondering if that compiles your risk of something happens to the company. I would be upfront with the recruiter and see what they say. Don’t dig in on the paternity leave in case it is a sticking point and they weed you out of their section. Please don...
by KyleAAA
Tue May 19, 2020 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: New job / wife 33 weeks pregnant / paternity
Replies: 42
Views: 4327

Re: New job / wife 33 weeks pregnant / paternity

Option 1 is best. Ask the recruiter if there is a tenure requirement before becoming eligible for paternity leave. Most places I've worked, nobody would bat an eye at this. Strong talent is difficult to find and a good hiring manager would gladly let you kick off your employment on leave. I did some...
by KyleAAA
Sun May 17, 2020 3:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Vanguard just says: "Joint accounts don't need beneficiaries. Joint accounts simply pass to the surviving owner." That sounds like a reasonable explanation. Unless the unlikely event that all joint owners die at the same time is there a reason for beneficiary? As long as couples ride in the same ca...
by KyleAAA
Sun May 17, 2020 3:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

And yes, my standards for "reasonably competent" engineering are rather high. They may seem impossibly high to some. Anakin So which companies, specifically, would you consider reasonably competent? Certainly none of the FAANGs qualify, so you must have secret insider information on some unicorn no...
by KyleAAA
Sun May 17, 2020 2:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Also as I already said before, the "old" platform is still going to remain in use for the 401k business. Not sure why those arguing against the "old" platform's existence keep missing relevant facts even after they are pointed out to them repeatedly. Must be the same reason why so many of them thin...
by KyleAAA
Sun May 17, 2020 2:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

I knew someone would say that. I don't buy that. Leaving perfectly functional software running does not have "enormous costs". Anyway this platform will continue to be used for 401k plans administered by Vanguard. So the "enormous cost savings" will be exactly zero. If anything, creating this half-...
by KyleAAA
Sun May 17, 2020 2:30 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Also as I already said before, the "old" platform is still going to remain in use for the 401k business. Not sure why those arguing against the "old" platform's existence keep missing relevant facts even after they are pointed out to them repeatedly. Must be the same reason why so many of them thin...
by KyleAAA
Sun May 17, 2020 2:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

I think the onus is on Vanguard to come clear on why exactly they want to retire the "old" platform that's working perfectly fine for so many millions of clients for so many decades. They have done so. Repeatedly and transparently. There are enormous costs associated with maintaining parallel syste...
by KyleAAA
Sun May 17, 2020 1:00 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Since Vanguard is the one bugging users to switch (and endure the disruption and hassle, however small or large it may be), it's Vanguard's responsibility to make the experience as seamless and convenient as possible. Making up BS excuses about the "complexity" of generating PDF statements strains ...
by KyleAAA
Sun May 17, 2020 12:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Foolish decision. They already do it on the old platform, why not just port it over to the new and limit the ability to Vanguard mutual funds. Same with some of the other downgrades of moving to the brokerage platform. Putting on my old hat as a software development manager.... if I had a dollar fo...
by KyleAAA
Sat May 16, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

There's no evidence "people" want it or even care. Certainly a few people have expressed a preference. But you don't build a feature based on a few anecdotes. Presumably Vanguard has far better data than you or I on what their customers actually want. Even if they know their customers do want it, t...
by KyleAAA
Sat May 16, 2020 4:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Since Vanguard is the one bugging users to switch (and endure the disruption and hassle, however small or large it may be), it's Vanguard's responsibility to make the experience as seamless and convenient as possible. Making up BS excuses about the "complexity" of generating PDF statements strains ...
by KyleAAA
Sat May 16, 2020 3:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Agreed. At some point if the high net worth customers leave Vanguard will not the impact their business? Or "our" business? I don’t know, but I have to imagine that the number of HNW customers with Compliance restrictions isn’t massive enough to bother Vanguard. I would expect that DW’s employer mi...
by KyleAAA
Sat May 16, 2020 3:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Foolish decision. They already do it on the old platform, why not just port it over to the new and limit the ability to Vanguard mutual funds. Same with some of the other downgrades of moving to the brokerage platform. Putting on my old hat as a software development manager.... if I had a dollar fo...
by KyleAAA
Sat May 16, 2020 3:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

I can also make some pretty educated guesses. I think there are a lot of customers who want to get end of year statements for example. It is not rocket science to create PDFs with the end of year statement. And actually Vanguard have been doing this for 20+ years on the "old" platform so how come i...
by KyleAAA
Sat May 16, 2020 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Programming Course- Summer headstart for a highschooler
Replies: 11
Views: 668

Re: Programming Course- Summer headstart for a highschooler

Thanks for your inputs so far. Yes, the kid has a laptop. Please provide your inputs on online courses for Java, C, Python and any certifications... It really depends on the kid's interests and what motivates them. None of us can give a reasonable recommendation. Certifications aren't really a thin...
by KyleAAA
Sat May 16, 2020 10:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Do you have the survey that showed it was 0.5%? Of course I don't. I don't work at Vanguard and don't have access to their proprietary data. But I DO work in the industry and I know how features are prioritized. I can make some pretty educated guesses as to why they would do what they are doing. I ...
by KyleAAA
Sat May 16, 2020 10:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Maybe if they send a telegram the people who still care about this will get it, too. Should i tell you that i still use paper checks too? .... and for the people who work in certain companies that must have their BROKERAGE activity monitored (mutual fund accounts don't usually need that level of mo...
by KyleAAA
Sat May 16, 2020 10:16 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

sport wrote:
Fri May 15, 2020 11:02 pm
KyleAAA wrote:
Fri May 15, 2020 8:20 pm
Almost nobody actually looks at statement of any kind unless they have to for some reason.
How do you know what everyone does?
Via work
by KyleAAA
Sat May 16, 2020 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Programming Course- Summer headstart for a highschooler
Replies: 11
Views: 668

Re: Programming Course- Summer headstart for a highschooler

There a no value in a any sort of certification except the AP exam, since you can get college credit with a 4 or 5. As far as a course, I know at that age I would have been more interested in a fun project vs a class. I'd probably find something he enjoys and try to have him do a project around it. ...
by KyleAAA
Fri May 15, 2020 8:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Since it is so minor and so convenient to so many, why not add it to the new platform? I wish Vanguard would answer that question. Instead they act as if they know best and will do what they want and not listen to the customer. Businesses who do that in other areas don't do so well. How minor the f...
by KyleAAA
Fri May 15, 2020 8:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

How minor the feature may be to end users is completely disconnected to how difficult or expensive it would be to implement. If it's not something the competition does, there's no real incentive for Vanguard to spend any money building it. To the "not listen to the customer" point, just because a c...
by KyleAAA
Fri May 15, 2020 5:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Why is it so important to some long-time Vanguard customers to be able to automatically redirect the dividends of one fund into a different fund? Seems like a minor feature to me in the grand scheme of things. Since it is so minor and so convenient to so many, why not add it to the new platform? I ...
by KyleAAA
Fri May 15, 2020 12:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Why is it so important to some long-time Vanguard customers to be able to automatically redirect the dividends of one fund into a different fund? Seems like a minor feature to me in the grand scheme of things. Since it is so minor and so convenient to so many, why not add it to the new platform? I ...
by KyleAAA
Fri May 15, 2020 12:02 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Maybe if they send a telegram the people who still care about this will get it, too. Should i tell you that i still use paper checks too? .... and for the people who work in certain companies that must have their BROKERAGE activity monitored (mutual fund accounts don't usually need that level of mo...
by KyleAAA
Thu May 14, 2020 7:37 pm
Forum: Personal Investments
Topic: Company stock/options divesting help
Replies: 15
Views: 750

Re: Company stock/options divesting help

Do you get yearly refreshers? If so you have plenty of exposure to the upside. No reason to add to the risk.
by KyleAAA
Thu May 14, 2020 11:58 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8601

Re: Vanguard Mutual Fund Platform EOL

Well it's about time.
by KyleAAA
Wed May 13, 2020 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7606

Re: Should you include home equity in Net Worth?

Yes, it should. I net equity with selling expenses because I'm more interested in the liquidation value. The expenses are material and there is no way to avoid them. This is my thinking too....what % do you use for selling expenses? I think I use 7% to 8%. I use 8%. 6% for commission, 2% transfer t...
by KyleAAA
Tue May 12, 2020 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7606

Re: Should you include home equity in Net Worth?

Yes, it should. I net equity with selling expenses because I'm more interested in the liquidation value. The expenses are material and there is no way to avoid them.
by KyleAAA
Sat May 09, 2020 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 9749

Re: $2 million dollar house pre requisites

Most people in VHCOL stretch way too far when buying a home and make an excuse that somehow the rules for prudent home purchase don't apply to them. I like the rule of somewhere around no more than 25% of after tax pay on a 15 year fixed putting income at >$1m or around 2-2.5 gross pay at max. Most...
by KyleAAA
Sat May 09, 2020 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 9749

Re: $2 million dollar house pre requisites

At least 20% down and PITI no more than 35% of your income should do it. Preferably less than 28%. Everything else is so contextual it's impossible to give more specific advice. People in VHCOL areas often have no choice bit to break the usual homebuying rules.
by KyleAAA
Fri May 08, 2020 5:40 pm
Forum: Personal Consumer Issues
Topic: Amazon issues - cannot even cancel Prime really
Replies: 59
Views: 3735

Re: Amazon issues - cannot even cancel Prime really

I do not read it that way: "If the item you're ordering is out of stock or unavailable to ship immediately , the shipping method time starts when the item ships. For example, it will take two business days after an item ships to reach you with Two-Day Shipping." I am very confident my interpretatio...
by KyleAAA
Fri May 08, 2020 4:02 pm
Forum: Personal Consumer Issues
Topic: Amazon issues - cannot even cancel Prime really
Replies: 59
Views: 3735

Re: Amazon issues - cannot even cancel Prime really

Two day shipping guarantee is from the date Amazon ships an item, not from the day you order it.. Only applies to OOS items. From the FAQ you linked to confirms this: "If the item you're ordering is out of stock or unavailable to ship immediately, the shipping method time starts when the item ships...
by KyleAAA
Fri May 08, 2020 3:19 pm
Forum: Personal Consumer Issues
Topic: Amazon issues - cannot even cancel Prime really
Replies: 59
Views: 3735

Re: Amazon issues - cannot even cancel Prime really

Two day shipping guarantee is from the date Amazon ships an item, not from the day you order it.. Only applies to OOS items. From the FAQ you linked to confirms this: "If the item you're ordering is out of stock or unavailable to ship immediately, the shipping method time starts when the item ships...