Search found 6765 matches

by KyleAAA
Tue Jan 15, 2019 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a Mortgage when You can Pay Cash for a House
Replies: 132
Views: 6722

Re: Getting a Mortgage when You can Pay Cash for a House

I don't have to have to know the reason if I have known it to be true based on my experience. If something is true, it's true, and the reason is secondary. I can speculate as to the reasons if you would like...I think most sellers like it when a buyer can pay cash and not have to rely on getting ap...
by KyleAAA
Tue Jan 15, 2019 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Part time work and taxes
Replies: 5
Views: 532

Re: Part time work and taxes

Neither you nor your employer can choose to be 1099 or W2. Your classification depends on a set of admittedly somewhat ambiguous criteria. If you meet them, you are W2 whether you or your employer want you to be or not. There is a large grey area where you could probably justify going either way.
by KyleAAA
Tue Jan 15, 2019 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 101
Views: 5273

Re: A co-worker makes more than me

I’m an employer (50+ employees). The absolute worst way to ask me for a raise is to say that someone else makes more. Asking for more money is fine. Just be prepared to say why you deserve the raise. Bad reasons: - I’ve been here a long time. - So and so makes more than me. - I need it because of.....
by KyleAAA
Tue Jan 15, 2019 7:40 pm
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 100
Views: 5007

Re: Are You Dumping Netflix?

No, I wouldn't dump them if they tripled the price. I get a ton of value out of their service.
by KyleAAA
Tue Jan 15, 2019 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 101
Views: 5273

Re: A co-worker makes more than me

It's fairly common for employees with the same responsibilities to have different levels of compensation. Differentiated rewards based on performance is intentional in most white-collar professions.
by KyleAAA
Tue Jan 15, 2019 4:07 pm
Forum: Investing - Theory, News & General
Topic: Wrong about international bonds?
Replies: 9
Views: 871

Re: Wrong about international bonds?

I think a small allocation is probably wise, but not necessary.
by KyleAAA
Mon Jan 14, 2019 10:59 pm
Forum: Investing - Theory, News & General
Topic: Are REITs better to purchase when interest rates are high or low?
Replies: 64
Views: 4265

Re: Are REITs better to purchase when interest rates are high or low?

This statement is false. The dividends that you earn on a REIT you will pay short or long capital gains taxes on. I've been investing real estate for over 11 years and despite consistently netting more than $5,000 of income into my bank account each and every month, I have still yet to pay taxes on...
by KyleAAA
Mon Jan 14, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a Mortgage when You can Pay Cash for a House
Replies: 132
Views: 6722

Re: Getting a Mortgage when You can Pay Cash for a House

At sub-4% I would likely take the mortgage at this point in my life. Were I 70 and retired I wouldn’t.
by KyleAAA
Mon Jan 14, 2019 7:38 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]
Replies: 145
Views: 8333

Re: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]

Seems unnecessarily paternalistic. But most people using these ETFs were probably already investing elsewhere.
by KyleAAA
Mon Jan 14, 2019 7:14 pm
Forum: Investing - Theory, News & General
Topic: Are REITs better to purchase when interest rates are high or low?
Replies: 64
Views: 4265

Re: Are REITs better to purchase when interest rates are high or low?

I don’t know many financial advisors still working in their 60s, personally. As for your points, they are the same tired arguments real estate investors always make up post hoc to try to justify what they already decided. Of course REIT investors get the same tax advantages: do the math. The only d...
by KyleAAA
Sun Jan 13, 2019 12:38 pm
Forum: Investing - Theory, News & General
Topic: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)
Replies: 126
Views: 6975

Re: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)

Actually, I'm not assuming I know anything more than the market. I'm just not convinced I want to give emerging markets the benefit of the doubt, whereas the market partially does. In a world where the market knows nothing at all about the earnings of companies, the market is going to make a more o...
by KyleAAA
Sun Jan 13, 2019 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: CD at 2.70 APR - 1, 2 or 3 years?
Replies: 21
Views: 2539

Re: CD at 2.70 APR - 1, 2 or 3 years?

I don't know, so use a 5 year ladder for my ER and don't try to guess the direction of interest rates. I could see rates continuing their upward trajectory as easily as going back down.
by KyleAAA
Sat Jan 12, 2019 8:43 pm
Forum: Investing - Theory, News & General
Topic: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)
Replies: 126
Views: 6975

Re: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)

Am I claiming I know something that the market doesn't? Certainly not Yes, you literally are. Your contention depends on the unproven assumption "emerging markets cannot be fairly valued," whereas the market thinks that they can be. You're welcome to operate under that assumption, or course, but yo...
by KyleAAA
Sat Jan 12, 2019 5:16 pm
Forum: Investing - Theory, News & General
Topic: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)
Replies: 126
Views: 6975

Re: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)

Actually, I'm not assuming I know anything more than the market. [...] In a world where the market knows nothing at all about the earnings of companies , the market is going to make a more or less uninformed bet. Here, I bolded the faulty assumption for you. Hi and thanks for your reply. In my book...
by KyleAAA
Sat Jan 12, 2019 5:13 pm
Forum: Investing - Theory, News & General
Topic: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)
Replies: 126
Views: 6975

Re: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)

Am I claiming I know something that the market doesn't? Certainly not Yes, you literally are. Your contention depends on the unproven assumption "emerging markets cannot be fairly valued," whereas the market thinks that they can be. You're welcome to operate under that assumption, or course, but yo...
by KyleAAA
Sat Jan 12, 2019 3:54 pm
Forum: Investing - Theory, News & General
Topic: Are REITs better to purchase when interest rates are high or low?
Replies: 64
Views: 4265

Re: Are REITs better to purchase when interest rates are high or low?

What about diversification? I would be terrified to own a property and then have a major repair. Repair costs are factored into your analysis. 5% repair 5% vacancy 8% property management cost (whether or not you manage yourself) of gross rents, if it still cash flows then you have a great investmen...
by KyleAAA
Sat Jan 12, 2019 3:23 pm
Forum: Investing - Theory, News & General
Topic: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)
Replies: 126
Views: 6975

Re: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)

In general, the market is intelligent enough to account for fraud and bake it into valuations. There are exceptions, of course, but even in prominent cases like Enron it was known there was fraud taking place by forensic accountants at least a year or two prior to the collapse. Why the market didn’t...
by KyleAAA
Fri Jan 11, 2019 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying a $700K first home crazy?
Replies: 70
Views: 7235

Re: Is buying a $700K first home crazy?

You can easily afford that house without breaking a sweat. $700k isn’t even that bad for a VHCOL area.
by KyleAAA
Fri Jan 11, 2019 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire by 40 and How you Did it?
Replies: 90
Views: 9833

Re: Millionaire by 40 and How you Did it?

Large annual income in conjunction with spouse also earning a good income. Not frugal, exactly, but living well below our means helped immensely.
by KyleAAA
Fri Jan 11, 2019 1:46 am
Forum: Investing - Theory, News & General
Topic: Are REITs better to purchase when interest rates are high or low?
Replies: 64
Views: 4265

Re: Are REITs better to purchase when interest rates are high or low?

fire4fun wrote:
Fri Jan 11, 2019 1:22 am
My advice - own real property. Better returns, second to none tax incentives, more control, wealth building legacy. REITs aren't worth the paper they are printed on IMHO.
The numbers in my brokerage account beg to differ.
by KyleAAA
Thu Jan 10, 2019 9:06 pm
Forum: Investing - Theory, News & General
Topic: Salary, Portfolio size, and Asset Allocation
Replies: 33
Views: 2722

Re: Salary, Portfolio size, and Asset Allocation

Bonds represent a contractual obligation. With few examples, salaries have no contractual guarantee. Therefore, it cannot be thought of as a bond. Human capital is its own thing, neither stock nor bond.
by KyleAAA
Wed Jan 09, 2019 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Built a Dividend Growth Investment Portfolio
Replies: 19
Views: 1439

Re: Help me Built a Dividend Growth Investment Portfolio

Most here would advise against an explicit dividend strategy, but I think there are worse approaches. I would definitely avoid buying individual stocks and suggest sticking with ETFs. Tilting HALF (probably no more than half) of your domestic stock allocation to VYM and half your international stock...
by KyleAAA
Tue Jan 08, 2019 4:20 pm
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate at 38 years old
Replies: 95
Views: 7362

Re: Safe withdrawal rate at 38 years old

3-3.25% should be pretty much bulletproof regardless of how long you need the portfolio to last, especially at 80/20 (I wouldn’t recommend going too much below 70/30 for a time horizon that long).
by KyleAAA
Tue Jan 08, 2019 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Recent Engineering College Graduate can’t get job interviews, needs advice
Replies: 145
Views: 10777

Re: Recent Engineering College Graduate can’t get job interviews, needs advice

Curious what engineering field you are in. In the software company(s) I've worked for, we always had the GPA when interviewing people coming out of college/grad school. Always. Nobody thought GPA was the only important metric, but it was an obvious first screen. In those companies, we generally had...
by KyleAAA
Tue Jan 08, 2019 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Need a little insight from STEM Bogleheads
Replies: 59
Views: 2660

Re: Need a little insight from STEM Bogleheads

If she’s looking for a lucrative field to use her math degree, data science and machine learning are both hot right now. Data science is a bit further along on the hype curve. If she can hack an MS in theoretical math I’d wager she can get good enough at programming to do either of those. Of course ...
by KyleAAA
Mon Jan 07, 2019 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Recent Engineering College Graduate can’t get job interviews, needs advice
Replies: 145
Views: 10777

Re: Recent Engineering College Graduate can’t get job interviews, needs advice

You are an experienced hire; a new college graduate should absolutely include GPA if it's 3.0 or higher. If not, for engineers it's considered acceptable to list one's major GPA since the engineering gen ed requirements are so arduous. Just because someone didn't do a stellar job in physics or calc...
by KyleAAA
Mon Jan 07, 2019 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tech budget to fix issues
Replies: 26
Views: 1629

Re: Vanguard Tech budget to fix issues

I'm sure very little of that billion goes to the website.
by KyleAAA
Sun Jan 06, 2019 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Recent Engineering College Graduate can’t get job interviews, needs advice
Replies: 145
Views: 10777

Re: Recent Engineering College Graduate can’t get job interviews, needs advice

Why would you include GPA on your resume at all unless it were exceptional? I've never been asked for my college GPA and I've certainly never asked for it. You are an experienced hire; a new college graduate should absolutely include GPA if it's 3.0 or higher. If not, for engineers it's considered ...
by KyleAAA
Sun Jan 06, 2019 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Recent Engineering College Graduate can’t get job interviews, needs advice
Replies: 145
Views: 10777

Re: Recent Engineering College Graduate can’t get job interviews, needs advice

Why would you include GPA on your resume at all unless it were exceptional? I've never been asked for my college GPA and I've certainly never asked for it. You are an experienced hire; a new college graduate should absolutely include GPA if it's 3.0 or higher. If not, for engineers it's considered ...
by KyleAAA
Thu Jan 03, 2019 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Recent Engineering College Graduate can’t get job interviews, needs advice
Replies: 145
Views: 10777

Re: Recent Engineering College Graduate can’t get job interviews, needs advice

Why would you include GPA on your resume at all unless it were exceptional? I've never been asked for my college GPA and I've certainly never asked for it.
by KyleAAA
Tue Jan 01, 2019 4:27 pm
Forum: Personal Consumer Issues
Topic: Booking an international trip
Replies: 10
Views: 792

Re: Booking an international trip

All the major travel sites like Expedia and Priceline allow you to buy packages. I’d start there. I’ve had great luck with Hotwire.com over the years but you have to be flexible.
by KyleAAA
Tue Jan 01, 2019 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: How to handle Real Estate in AA, esp w/r/t international
Replies: 10
Views: 565

Re: How to handle Real Estate in AA, esp w/r/t international

This is not something I’ve considered much but probably should have, so thank you for asking the question. I think it makes a lot of sense to include your real estate investments as part of your domestic AA. Would you not count a domestic REIT fund in your domestic AA? Why would a privately held re...
by KyleAAA
Tue Jan 01, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: How to afford a sports car?
Replies: 128
Views: 8930

Re: How to afford a sports car?

Your income could double or triple over the next decade. Mine is almost 10x what it was at 22. Keep at it and you'll be able to afford nice things, although you may change your mind about it being a sports car. Btw, the answer to these car threads is always "buy a miata." You can get a used one quit...
by KyleAAA
Sat Dec 29, 2018 7:26 pm
Forum: Personal Consumer Issues
Topic: Shoes to wear with jeans to the office?
Replies: 87
Views: 5582

Re: Shoes to wear with jeans to the office?

Flip flops if it's hot out, Vans are fine otherwise.
by KyleAAA
Fri Dec 28, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: Investing in Vanguard funds via Fidelity
Replies: 25
Views: 4723

Re: Investing in Vanguard funds via Fidelity

This topic interests me, as I am considering investing in Vanguard's VTI (Vanguard Total Stock Market) ETF through my Fidelity account. Many people suggest to only invest in Vanguard at Vanguard, and I totally get that. But I don't think I want ITOT, and I've heard bad things about Vanguard's custo...
by KyleAAA
Fri Dec 28, 2018 6:21 pm
Forum: Personal Consumer Issues
Topic: Why do people buy- performance cars?
Replies: 67
Views: 2361

Re: Why do people buy- performance cars?

1. There is no acceleration limit
2. They are a ton of fun to drive even at normal speeds and especially on windy mountain roads
3. You can take them to the track
by KyleAAA
Thu Dec 27, 2018 1:20 am
Forum: Investing - Theory, News & General
Topic: Why call them "losses" when you still own the shares?
Replies: 103
Views: 4873

Re: Why call them "losses" when you still own the shares?

You still have the shares, but they are worth less. Your wealth has decreased. The "you haven't lost until you sell" mantra is non-sense.
by KyleAAA
Wed Dec 26, 2018 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Total International ETF Options
Replies: 7
Views: 500

Re: Total International ETF Options

I use IXUS at Fidelity.
by KyleAAA
Wed Dec 26, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan, Inheritance Situation
Replies: 16
Views: 1449

Re: Student Loan, Inheritance Situation

I wouldn, no. That debt appears easily serviceable on your income, especially after it doubles. 5% isn’t great but it isn’t terrible either.
by KyleAAA
Wed Dec 26, 2018 2:59 am
Forum: Investing - Theory, News & General
Topic: Is there any Low Risk 4 % Return
Replies: 52
Views: 6377

Re: Is there any Low Risk 4 % Return

Margin at this point? To buy bonds? Sounds like a really terrible idea. My investing guru, Warren Buffett, will not let himself use margin because he doesn't see the point of taking on the risk. Why do you want to put yourself in that position? I can't predict stock prices and bonds prices are even...
by KyleAAA
Sat Dec 22, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: Is The Federal Reserve Necessary
Replies: 14
Views: 584

Re: Is The Federal Reserve Necessary

The Fed doesn’t actually raise or lower interest rates. They control the rate for a single overnight fed funds rate and that’s it. As maturities go out, the fed’s actions have less and less influence.
by KyleAAA
Thu Dec 20, 2018 1:59 am
Forum: Investing - Help with Personal Investments
Topic: FAANG
Replies: 48
Views: 3700

Re: FAANG

If it's less than 5% of your portfolio, there isn't significant risk. Even at 5% of your portfolio, that would boost your annual returns by 1.5% per year. I don't see how you can say that wouldn't be significant. I would retire EXTREMELY wealthy in 10 years if I got an extra 1.5%. KyleAAA, 1) I am ...
by KyleAAA
Wed Dec 19, 2018 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: FAANG
Replies: 48
Views: 3700

Re: FAANG

None of my portfolio is in AMZN for reasons that have nothing to do with its investment potential. And "just" a 30% per year gain? I'm puzzled that you think 30% per year isn't significant. People have been asking the same question for 20 years now and AMZN keeps outperforming anyway. One would thi...
by KyleAAA
Wed Dec 19, 2018 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: FAANG
Replies: 48
Views: 3700

Re: FAANG

3 of these companies have market caps above $700B, one is at $300B, and the tiny one is at $100B. All of them are already dominant players globally in their respective markets. The bulk of their growth will have to come from new products, not from expanding the market for their existing products. T...
by KyleAAA
Wed Dec 19, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: FAANG
Replies: 48
Views: 3700

Re: FAANG

3 of these companies have market caps above $700B, one is at $300B, and the tiny one is at $100B. All of them are already dominant players globally in their respective markets. The bulk of their growth will have to come from new products, not from expanding the market for their existing products. T...
by KyleAAA
Wed Dec 19, 2018 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: FAANG
Replies: 48
Views: 3700

Re: FAANG

3 of these companies have market caps above $700B, one is at $300B, and the tiny one is at $100B. All of them are already dominant players globally in their respective markets. The bulk of their growth will have to come from new products, not from expanding the market for their existing products. T...
by KyleAAA
Wed Dec 19, 2018 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: FAANG
Replies: 48
Views: 3700

Re: FAANG

Folks, Why would you put any money into those individual stocks when you know that they have no possibility of going up 10X to 30X over the next few years? A) I only put my "play money" into individual stocks. B) I only gamble on individual stocks that have the possibility of going up 10X to 30X. K...
by KyleAAA
Wed Dec 19, 2018 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: FAANG
Replies: 48
Views: 3700

Re: FAANG

A few of them seem undervalued to me, but I hold enough of a hot tech stock through my employer so I will avoid buying more. Google and FB in particular seem cheap but the rest are probably fairly priced as well.
by KyleAAA
Sun Dec 16, 2018 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Selling well performing etf to purchase one that is on sale
Replies: 6
Views: 342

Re: Selling well performing etf to purchase one that is on sale

if it fits your predetermined rebalancing strategy, sure. I just rebalance once a year in January, but many prefer to rebalance in bands. There's no right or wrong answer.