Search found 6341 matches

by KyleAAA
Sat Feb 17, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Selling Timber
Replies: 25
Views: 1356

Re: Selling Timber

I wouldn’t even consider negotiating this yourself if it’s a decent tract of land. Contact your state forestry service and they can give you pointers. Usually it’s best to have a certified forester negotiate on your behalf as you’re very likely to get ripped off if you go it alone. But if it’s only ...
by KyleAAA
Wed Feb 14, 2018 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Restricted Stock Units vesting- always sell immediately?
Replies: 7
Views: 525

Re: Restricted Stock Units vesting- always sell immediately?

I believe you are correct. You'll owe income tax on the value at the vest date regardless of whether or not you sell.
by KyleAAA
Sun Feb 11, 2018 10:11 pm
Forum: Investing - Theory, News & General
Topic: proper # of holdings in an income portfolio
Replies: 10
Views: 839

Re: proper # of holdings in an income portfolio

6.5% is likely too high of a withdrawal rate, yes. Conventional wisdom says to limit distributions to 4% in order to minimize the risk of running out of money. You won’t find much support for an income strategy here.
by KyleAAA
Sat Feb 10, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: Borrow vs Pay Cash
Replies: 24
Views: 1839

Re: Borrow vs Pay Cash

I took the loan. Worked out very well this last time.
by KyleAAA
Sat Feb 10, 2018 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Is Rental Property/Income Same as Bonds
Replies: 38
Views: 1978

Re: Is Rental Property/Income Same as Bonds

No, it is real estate. It is nothing at all like a bond. Instead of a stock/bond mix you have a stock/bond/real estate mix.
by KyleAAA
Fri Feb 09, 2018 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Live / work in California - Technology Career
Replies: 98
Views: 5646

Re: Live / work in California - Technology Career

If you're in technology and want to move to California, the Bay Area is the only place to consider. Otherwise, you're much better off in Seattle. SF salaries without the SF COL, plus there's no state income tax. Still Bay Area is the only place to consider for Technology. Yes this is the reason as ...
by KyleAAA
Fri Feb 09, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Live / work in California - Technology Career
Replies: 98
Views: 5646

Re: Live / work in California - Technology Career

If you're in technology and want to move to California, the Bay Area is the only place to consider. Otherwise, you're much better off in Seattle. SF salaries without the SF COL, plus there's no state income tax.
by KyleAAA
Wed Feb 07, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: 401k Insight Needed
Replies: 6
Views: 303

Re: 401k Insight Needed

You could roll over the 403b balance to a Traditional IRA at Fidelity or Vanguard, which would be my advice. You can do the math to decide whether or not you should convert the balance to a Roth. The tax-deferral of a 401k is very valuable so you should probably contribute even if the options aren't...
by KyleAAA
Wed Feb 07, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: market downturn
Replies: 13
Views: 985

Re: market downturn

50/50 is very appropriate. No need to worry. I also don't think it's accurate to say there is an "expected nasty market." The economy is humming along just fine, after all.
by KyleAAA
Wed Feb 07, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14491

Re: Vanguard site is crashed now?

This is specifically what I was referring to as an unrealistic expectation: buccimane wrote: ↑Tue Feb 06, 2018 4:22 pm I have the expectation that a website holding most of my personal information on it should be able to handle traffic fluctuations without crashing completely. Yes, if you take thin...
by KyleAAA
Tue Feb 06, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14491

Re: Vanguard site is crashed now?

As stated, from a non-technical background, if a website is unable to remain operational it would not be a giant stretch for me to ponder the security of it. Also, having only been with Vanguard for < 6 months, it is concerning that I am being asked security questions that I did not select nor can ...
by KyleAAA
Tue Feb 06, 2018 3:12 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14491

Re: Vanguard site is crashed now?

The NYSE closed for about 4 months in 1914 due to the beginning of WWI. There have been brief closures or trading halts on many occasions since due to national security or technical issues. NYSE closure in 1914 is 100 years past relevancy. In this day and age, I have the expectation that a website ...
by KyleAAA
Mon Feb 05, 2018 4:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14491

Re: Vanguard site is crashed now?

I'm probably not alone in being willing to pay a few basis points more in my VG funds if that meant that their website wouldn't crash during high-demand periods. You already can in that you can buy their ETFs at a better brokerage. I'm sure there are still a few brokerages with Vanguard ETFs on the...
by KyleAAA
Mon Feb 05, 2018 12:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard REIT fund changes objective, name & index
Replies: 13
Views: 1788

Re: Vanguard REIT fund changes objective, name & index

Existing shareholders voted to make the change so I would imagine a majority are for it. It's only 3% of assets at most so I doubt it will have any significant impact.
by KyleAAA
Sun Feb 04, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Opening an LLC for investing: tax advantages?
Replies: 12
Views: 1352

Re: Opening an LLC for investing: tax advantages?

I would imagine this would be significantly LESS tax efficient because as an S-Corp you’d have to pay yourself a reasonable salary, potentially turning QDI and LTCG into ordinary income. Then there’s the added cost and complexity of the new entity on top of that.
by KyleAAA
Thu Feb 01, 2018 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 286
Views: 19281

Re: I bought a stock today - Redfin (RDFN)

Agree real estate market is ripe for disruption. Is Redfin the company to do it? No idea. There will be a day in the future where people buy houses online the way they buy clothes, though. Lots of challenges to overcome to get there, but it's coming.
by KyleAAA
Thu Feb 01, 2018 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Become a rent-to-own landlord?
Replies: 9
Views: 665

Re: Become a rent-to-own landlord?

This type of arrangement seems to be very common in condos where the HOA limits the number of units that can be rented at any given time. Lease-to-own is apparently a common loophole to get around those rules. But yeah, you charge a slightly above-average rent and agree to apply some percentage of t...
by KyleAAA
Wed Jan 31, 2018 9:00 pm
Forum: Personal Consumer Issues
Topic: undergrad major shortlist process
Replies: 20
Views: 1357

Re: undergrad major shortlist process

Both Ageism and offshoring is going on in Megacorp for seasoned design engineers with lots of experience. Although entry level jobs are good for electrical and mechanical, consider civil engineering. If psychology is a consideration, expect that the minimum level of education to make more money tha...
by KyleAAA
Tue Jan 30, 2018 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Should I join Linkedin?
Replies: 48
Views: 3521

Re: Should I join Linkedin?

For white collar professions I'd say it's essential. Most of your job leads are likely to come through linkedin these days.
by KyleAAA
Fri Jan 26, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: Starting to feel like the late 1990s?
Replies: 145
Views: 12632

Re: Starting to feel like the late 1990s?

Valuations are definitely high but we don't have ridiculous situations where companies with no revenue (not just companies that were operating at a loss, companies that actually didn't have any significant revenue) were valued in the hundreds of millions based on eyeballs. There were other crazy hap...
by KyleAAA
Fri Jan 26, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Are 100-year old homes junk?
Replies: 62
Views: 2259

Re: Are 100-year old homes junk?

In my experience build quality tends to be a lot higher in older homes, but of course that doesn't account for things like water damage. With a good inspector I think older homes are very safe buys.
by KyleAAA
Fri Jan 26, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: Bond Portfolio for High Net Worth Individuals - Different Rules?
Replies: 56
Views: 5657

Re: Bond Portfolio for High Net Worth Individuals - Different Rules?

I don't think most people really consider $5M to be high net worth. Banks don't consider that to be high net worth either, although they may tell you that they do. I consider the bottom of HNW to be around $50M. Ralph $5M is definitely high net worth. It isn't ULTRA high net worth in the sense that...
by KyleAAA
Thu Jan 25, 2018 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Almost 34 years old... Looking for Career Ideas with realistic High Earning Potential
Replies: 31
Views: 3129

Re: Almost 34 years old... Looking for Career Ideas with realistic High Earning Potential

Computer science graduates can make $100k a few years out of school. I’m not aware of any other options without committing to years of grad school, off the top of my head, CPA maybe?
by KyleAAA
Tue Jan 23, 2018 3:37 pm
Forum: Investing - Theory, News & General
Topic: Bond Portfolio for High Net Worth Individuals - Different Rules?
Replies: 56
Views: 5657

Re: Bond Portfolio for High Net Worth Individuals - Different Rules?

Same rules apply. Asset allocation should be based on need, ability, and willingness to take risk. Being wealthy impacts those 3 factors in various ways (less need to take risk but more ability, for example), but the underlying rules don't change.
by KyleAAA
Tue Jan 23, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: UHNW on paper - advice fire-testing AA
Replies: 7
Views: 475

Re: UHNW on paper - advice fire-testing AA

I'd likely invest conservatively in your situation but I wouldn't go 100% bonds. At a minimum, 20-30% in stocks seems wise just as an inflation hedge if nothing else. Even if your business decreased in value by 2/3, you'd still be set for life if you sold it at that price.
by KyleAAA
Sun Jan 21, 2018 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: 4% Rule Clarification in regard to taxes
Replies: 6
Views: 1020

Re: 4% Rule Clarification in regard to taxes

Pre-tax. Taxes are a cost like any other, so in your example above your living expenses are actually $50k. It’s a lot easier to manage your tax liability in retirement, though.
by KyleAAA
Sun Jan 21, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Please recommend an allocation now ( age 31) if retiring in 20 years ?
Replies: 33
Views: 2313

Re: Please recommend an allocation now ( age 31) if retiring in 20 years ?

Your allocation starting from $0 doesn’t matter at all. Just concentrate on saving 50% of your pretax income and the rest will fall in place. 80/20 is fine. So are 100/0 and 60/40.
by KyleAAA
Sun Jan 21, 2018 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 67583

Re: Quicken's future direction - a cause for concern

Another letter to customers from Eric Dunn, CEO of Quicken: Letter to the Quicken Community about the Membership Plan (November 2017) Since the launch of the 2018 releases of Quicken, we have heard questions from many of you about the new Membership Plan, where customers subscribe to Quicken on an ...
by KyleAAA
Sun Jan 21, 2018 4:56 pm
Forum: Investing - Theory, News & General
Topic: Automated Tax Loss Harvesting by Robo Advisor - Anyone with real results?
Replies: 40
Views: 3389

Re: Automated Tax Loss Harvesting by Robo Advisor - Anyone with real results?

The $3K is net (capital losses - capital gains), so it can be worth more to you, and you can also carry it forward [in unlimited amounts and use it to offset realized capital gains in any amount, and use that to offset ordinary income each year] at $3K a year. [...] When I read that statement, it l...
by KyleAAA
Sun Jan 21, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Help Late Early Accumulators Be Comfortable Right Now with (Bogle-appropriate) Aggressive AA
Replies: 30
Views: 1934

Re: Help Late Early Accumulators Be Comfortable Right Now with (Bogle-appropriate) Aggressive AA

Yes, this is blatant market timing. Your discomfort is a sign that you’re investing beyond your risk tolerance. I would suggest you probably should move to a more conservative asset allocation, but not as a temporary measure due to valuations but as a permanent measure reflecting a more nuanced unde...
by KyleAAA
Sun Jan 21, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 67583

Re: Quicken's future direction - a cause for concern

Another letter to customers from Eric Dunn, CEO of Quicken: Letter to the Quicken Community about the Membership Plan (November 2017) Since the launch of the 2018 releases of Quicken, we have heard questions from many of you about the new Membership Plan, where customers subscribe to Quicken on an ...
by KyleAAA
Sun Jan 21, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Sell Home Depot?
Replies: 51
Views: 4055

Re: Sell Home Depot?

HD has returned just over 22% annualized since 1985. They are over $100 billion in revenue now, though, and I don’t see it having that level of success over then next 10 or 20 years. I suppose there are still international markets, but the US market seems relatively saturated at this point. Although...
by KyleAAA
Fri Jan 19, 2018 11:30 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads reconcile efficient markets theory with Bitcoin?
Replies: 45
Views: 2360

Re: How do Bogleheads reconcile efficient markets theory with Bitcoin?

The EMH explicitly attempts only to describe deep, liquid public debt and equity markets. No attempt is made by the theory to describe all markets, least of all esoteric markets like cryptocurriences. No reconciliation is necessary as I’m not aware of any version of the theory or any EMH advocate th...
by KyleAAA
Wed Jan 17, 2018 9:22 pm
Forum: Investing - Theory, News & General
Topic: Recent market gains
Replies: 18
Views: 1622

Re: Recent market gains

Earnngs growth has been very strong recently. I’d be surprise don’t if the market wasn’t up.
by KyleAAA
Tue Jan 16, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 107
Views: 18534

Re: Study: The Rate of Return on Everything, 1870-2015

You are not a company or industry. Neither am I. We are small time investors. And we were comparing tax advantages of equities vs. real estate, before you conveniently trying to deter the topic. A small time investor can benefit from killer tax strategies and pay very little taxes, WITHOUT being a ...
by KyleAAA
Mon Jan 15, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 107
Views: 18534

Re: Study: The Rate of Return on Everything, 1870-2015

Actually, direct real estate IS special in that regard. Why don't you ask Mr. Trump why he pays so little taxes? Hint: its not his mutual fund portfolio ;) What, specifically, about real estate is special in that regard that companies in other industries can't and don't take advantage of? Please be...
by KyleAAA
Mon Jan 15, 2018 10:46 am
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 107
Views: 18534

Re: Study: The Rate of Return on Everything, 1870-2015

My preference to real estate are two-fold: cash flow and tax efficiency. The point is that direct real estate isn't special in any way along those lines. Investing in a company with real estate experience (ie. REIT) gives you a measly 5-7% return. I won't even consider a deal if it doesn't produce ...
by KyleAAA
Fri Jan 12, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 107
Views: 18534

Re: Study: The Rate of Return on Everything, 1870-2015

Liquidity is another way of saying "bad tax treatment". I'll pass. I haven't found any asset class with better tax treatment better than real estate. Full stop. New tax law non-withstanding (I haven't had a chance to dig deeply into its implications for real estate vs pass-through vs C Corps), the ...
by KyleAAA
Fri Jan 12, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 107
Views: 18534

Re: Study: The Rate of Return on Everything, 1870-2015

Liquidity is another way of saying "bad tax treatment". I'll pass. I haven't found any asset class with better tax treatment better than real estate. Full stop. New tax law non-withstanding (I haven't had a chance to dig deeply into its implications for real estate vs pass-through vs C Corps), the ...
by KyleAAA
Mon Jan 08, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?
Replies: 156
Views: 17431

Re: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?

IJS and VSIAX/VISVX/VBR just aren't that different. IJS is a little bit smaller. VSIAX/VISVX/VBR is a little bit more valuey (and the index changes haven't changed it that much). One should expect the performance to be similar. That's what nearly two decades of data show. The funds are similar and ...
by KyleAAA
Fri Jan 05, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Validity of Cryptocurrencies
Replies: 2
Views: 486

Re: Validity of Cryptocurrencies

I wouldn't say blockchain is revolutionary, necessarily, but it is definitely highly-applicable to a variety of fields. I'm not bought into cryptocurrencies but blockchain itself is a very promising technology. Vanguard is already using it along with a number of other financial companies. https://pr...
by KyleAAA
Fri Jan 05, 2018 10:12 am
Forum: Investing - Theory, News & General
Topic: Intel might take a hit
Replies: 38
Views: 4006

Re: Intel might take a hit

If it was going to take a hit it presumably would have already. My understanding is that Meltdown is much easier to fix both in hardware (obviously not immediately) and in software (immediately). Spectre is the much, much more serious flaw and since it's an architectural approach flaw, all of Intel'...
by KyleAAA
Wed Jan 03, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: Do Vanguard and Fidelity have automatic rebalancing?
Replies: 14
Views: 1369

Re: Do Vanguard and Fidelity have automatic rebalancing?

Unfortunately, no. It's a long-standing feature request.
by KyleAAA
Mon Jan 01, 2018 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Company Stock - % in portfolio
Replies: 21
Views: 1813

Re: Company Stock - % in portfolio

I don’t see any evidence stocks are at or near a peak. And bond returns are not negative. Typical recovery time from peak is nowhere near 14 years, though.
by KyleAAA
Sat Dec 30, 2017 3:42 pm
Forum: Investing - Theory, News & General
Topic: Is Beta a distinct factor or a summation of other factors
Replies: 42
Views: 2007

Re: Is Beta a distinct factor or a summation of other factors

It is distinct in the multi-factor literature. I believe beta itself explains something like 80% of a portfolio’s variation and beta taken with size and value together collectively explain about 95%, from memory. My memory may be a bit off.
by KyleAAA
Fri Dec 29, 2017 9:47 pm
Forum: Investing - Theory, News & General
Topic: Obtaining Exposure to Quality / Profitability Factor
Replies: 57
Views: 6192

Re: Obtaining Exposure to Quality / Profitability Factor

The index IJS and VIOV follow has a quality screen.
by KyleAAA
Fri Dec 29, 2017 1:11 pm
Forum: Personal Consumer Issues
Topic: Spain Trip: Barcelona & Girona + Cycling
Replies: 11
Views: 677

Re: Spain Trip: Barcelona & Girona + Cycling

If you have 4 or 5 days to spare, doing part or all of this hike is well worth it. You can get from Girona to any of the towns along the trail via bus. Cadaques is especially beautiful. You can also apparently take a ferry between some of these towns but I never did that so I don't know the details....
by KyleAAA
Wed Dec 27, 2017 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $600-650k house?
Replies: 60
Views: 6948

Re: Can I afford a $600-650k house?

It’s risky. While there’s a good chance your income will go up as expected, funny things happen in recessions. I wouldn’t buy a house that expensive on your current income but you can probably make it work if you don’t mind being house poor for a decade. Your chances of retiring comfortably will tak...
by KyleAAA
Tue Dec 26, 2017 11:21 am
Forum: Investing - Theory, News & General
Topic: Implications of tax bill on residential real estate (house prices)
Replies: 62
Views: 5800

Re: Implications of tax bill on residential real estate (house prices)

Has there been any serious analysis that doesn’t come from NAR? I’m inclined to downplay their numbers as self-interested lobbying. But I’m not seeing much else out there. I can’t imagine a 10% across the board drop although I can definitely see pockets of the market that could drop that much.