Search found 69 matches

by klondike
Mon Sep 14, 2020 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: What % of income to spend on car?
Replies: 122
Views: 8584

Re: What % of income to spend on car?

I'd like to get something I will enjoy, and get good use out of. I like to go on roadtrips (I work remotely), I like to ski, go camping, I like to drive to different golf courses all over the place, etc. So it would be nice to find something worthwhile. Based on this new information, the only corre...
by klondike
Sun Sep 06, 2020 3:07 pm
Forum: Personal Investments
Topic: What single individual stock would you buy?
Replies: 163
Views: 15256

Re: What single individual stock would you buy?

I'm not a bogleheads when it comes to 3 funds portfolio. To compensate my aggressive tech tilting, I'm holding substantial amount of boring stocks like LMT(Lockheed Martin), RTX(Raytheon), NOC(Northrop Grumman), HII(Huntington Ingall Industry), GD, some BA too. There is not way all these companies w...
by klondike
Fri Sep 04, 2020 5:43 pm
Forum: Personal Investments
Topic: Looking to invest 1% of NW into high risk/high reward. QQQ? VGT? IGM?
Replies: 20
Views: 1422

Re: Looking to invest 1% of NW into high risk/high reward. QQQ? VGT? IGM?

1% won't move the needle.You can play options, buy lottery tickets regularly.
by klondike
Fri Sep 04, 2020 5:09 pm
Forum: Personal Investments
Topic: Neutralizing TSLA in VTSAX?
Replies: 20
Views: 1938

Re: Neutralizing TSLA in VTSAX?

I thought of shorting equal amount of AMZN and NFLX 12 years ago for the exact same reason. It won't end well.
by klondike
Thu Sep 03, 2020 5:54 pm
Forum: Investing - Theory, News & General
Topic: What does the term lock in gains mean?
Replies: 5
Views: 428

Re: What does the term lock in gains mean?

They realized capital gain.
by klondike
Wed Sep 02, 2020 3:41 pm
Forum: Personal Investments
Topic: Portfolio review: Currently feeling foolish for being a Boglehead. Help!
Replies: 53
Views: 5067

Re: Portfolio review: Currently feeling foolish for being a Boglehead. Help!

It's a great portfolio that will serve you well. No problem at your age if you want to go 85/15...you're young. International exposure fits nicely with what many Bogleheads recommend at 20-30% of equity position. To impress your friends just tell them you have about $100K riding in Apple, Amazon, M...
by klondike
Wed Sep 02, 2020 3:28 pm
Forum: Personal Investments
Topic: Portfolio review: Currently feeling foolish for being a Boglehead. Help!
Replies: 53
Views: 5067

Re: Portfolio review: Currently feeling foolish for being a Boglehead. Help!

IMO, you have too much bonds for your age and income level.
by klondike
Wed Sep 02, 2020 3:22 pm
Forum: Personal Investments
Topic: Should I take short term gains and face the taxes?
Replies: 94
Views: 4755

Re: Should I take short term gains and face the taxes?

Let me post this question again Let me ask all of you this. If you know with certainty that an event about to happen, like the financial meltdown in 2008. Let's just say somehow you have information to foresee that coming and know the impact it would have to your account, would you not get out and ...
by klondike
Wed Sep 02, 2020 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: How does short term cap gain taxed?
Replies: 7
Views: 488

Re: How does short term cap gain taxed?

Taxed as W2 income + 3.8% NIIT Obama tax if you're deemed rich.
by klondike
Wed Sep 02, 2020 12:11 am
Forum: Personal Investments
Topic: Worried about preserving my wealth
Replies: 33
Views: 5209

Re: Worried about preserving my wealth

Im dual US/Canadian. I live in the states now and earn USD. I just still have assets in Canada, but plan on moving it over to USD in the near future. Discussion on wealth preserveration would generally remain helpful regardless if your in Canada or USA. Please keep the thread here. Why do you have ...
by klondike
Tue Sep 01, 2020 8:47 pm
Forum: Personal Investments
Topic: FDGRX - Growth Fund vs. SP500
Replies: 51
Views: 3959

Re: FDGRX - Growth Fund vs. SP500

I have done very few things right so far in my life, owning boat load of Fido growth commingled pool is one of them. My fee is lower than the full blown FDGRX. I continue DCA in. A fantastic ride. In fact, one of reasons I FI but not RE is because I want to continue to fund it in my 401k plan. If I'...
by klondike
Wed Aug 26, 2020 5:40 pm
Forum: Personal Investments
Topic: Magellan Midstream Partners MMP K1 tax ?
Replies: 6
Views: 314

Re: Magellan Midstream Partners MMP K1 tax ?

I own small amount of pipeline MLP. K1 is easy with TT. The K1 arrives very early so I never have to wait for it. Of course I don't file my tax return in JAN.
by klondike
Tue Aug 25, 2020 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a new car?
Replies: 79
Views: 5434

Re: Can I afford a new car?

XSE $60,509 at Toyota of Oxnard SE $61,847 at Capital Toyota and many "contact dealer for price" That is beyond absurd. By later next year the prices will be normalized. If someone is willing to pay 50% markup for a Rav4... well, I'm just about speechless. For $60k, one can buy a very nic...
by klondike
Tue Aug 25, 2020 4:21 pm
Forum: Investing - Theory, News & General
Topic: The 0.5% Rule (SWR) [Safe Withdrawal Rate]
Replies: 419
Views: 24653

Re: The 0.5% Rule (SWR)

$12M at 3% gets you $360K which is a pretty nice lifestyle. Nice, but not fantastically awesome because I know quite a few folks with family incomes in that range. Top 2% is just nice? :oops: I'll give you the benefit of the doubt. Maybe those people are saving a good chunk of that money (minus tax...
by klondike
Tue Aug 25, 2020 2:29 pm
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate for someone retiring at 35? Would real estate help or hurt?
Replies: 59
Views: 7523

Re: Safe withdrawal rate for someone retiring at 35? Would real estate help or hurt?

konic wrote: Mon Aug 24, 2020 9:37 pm Here we go again ... race to the bottom starts in 3 .. 2 .. 1 ..
No, it is -4%
by klondike
Tue Aug 25, 2020 2:24 pm
Forum: Personal Investments
Topic: Russell 2000 VS SP500 vs Dow vs Nasdaq
Replies: 14
Views: 772

Re: Russell 2000 VS SP500 vs Dow vs Nasdaq

annu wrote: Tue Aug 25, 2020 1:55 pm There used to be a fund like sp495, without top 5, but is no longer around.
Buy VTI or VOO and short equal amount of FANG.
by klondike
Tue Aug 25, 2020 1:07 pm
Forum: Personal Investments
Topic: Russell 2000 VS SP500 vs Dow vs Nasdaq
Replies: 14
Views: 772

Re: Russell 2000 VS SP500 vs Dow vs Nasdaq

Which index do you think is the best buy right now? SP500 has already climbed so much, nasdaq is semi bubble with Tesla stock definitely a bubble. Russell 2000 has not gone up that much and has a lot of room to still go up but investors may still keep favoring megacap stocks? This is Bogleheads, th...
by klondike
Tue Aug 25, 2020 11:54 am
Forum: Personal Consumer Issues
Topic: Any car enthusiasts? (or soon to be)
Replies: 112
Views: 6985

Re: Any car enthusiasts? (or soon to be)

They way I enjoy cars is different. I like to take care of my own cars. I love some of these supercars but I will not own them before I build my own barn with a lift. For those supercar, there are too many regular maintenance jobs require engine/tranny out to perform. For example, on a Bentley Conti...
by klondike
Tue Aug 25, 2020 11:17 am
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 349
Views: 30245

Re: How much you lost/gain since Feb 20,2020 ?

kaufeegurl wrote: Tue Aug 25, 2020 7:15 am up 30%.

Equities: no int'l holdings, tilting heavily to large growth (FDGRX, up 44.8% for the year)
Amen!
by klondike
Tue Aug 25, 2020 12:51 am
Forum: Personal Investments
Topic: Suggestions for 100x moonshots
Replies: 87
Views: 12927

Re: Suggestions for 100x moonshots

Options, VC, private equity, angel investor, penny stocks, casino.
by klondike
Tue Aug 25, 2020 12:31 am
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 349
Views: 30245

Re: How much you lost/gain since Feb 20,2020 ?

Lost substantial 6 digits and recovered 7 digits. What a ride.
by klondike
Mon Aug 24, 2020 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Do you talk to your friends/family/coworkers about this stuff?
Replies: 210
Views: 16892

Re: Do you talk to your friends/family/coworkers about this stuff?

Last month, I got a call from a former colleague at the company I retired from. The stock price dropped by 75% in a couple of months. She thanked me profusely because I explained to her many years ago why I didn't hold any vested company stock. If the stock price went up like TSLA or AMZN, things w...
by klondike
Fri Aug 21, 2020 5:32 pm
Forum: Investing - Theory, News & General
Topic: Will Nasdaq 100 (QQQ) Outperform VTI?
Replies: 72
Views: 3915

Re: Will Nasdaq 100 (QQQ) Outperform VTI?

wackerdr wrote: Fri Aug 21, 2020 1:51 pm Past performance doesn’t foretell future performance - except when we talk about QQQ which lost 80% from its peak. :D
Exactly! :happy
by klondike
Fri Aug 21, 2020 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a new car?
Replies: 79
Views: 5434

Re: Can I afford a new car?

sd323232 wrote: Thu Aug 20, 2020 12:47 pm Is 401k 346 or 346k? 40k for a car is pricey with this income.
She has $1.552M+ and is making $190k/yr. $40k is not pricy by any measures.
by klondike
Fri Aug 21, 2020 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford a new car?
Replies: 79
Views: 5434

Re: Can I afford a new car?

To outfit a 450h with leather interior, rear cross-traffic alerts, roof rack, etc., the price climbs to $54k+. Assume 8% off, and you're at $50k. It also gets much worse gas mileage (combined 30 mpg) than the RAV4, which gets 42 mpg (and yes, I own one. My previous car was a...Lexus RX350). Yes, MP...
by klondike
Fri Aug 21, 2020 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford a new car?
Replies: 79
Views: 5434

Re: Can I afford a new car?

Can I afford it? I welcome your input as I have a hard time spending that much money, however I have been keeping my cars around 12 years. Thank you for the help and advice. Make it a great day! Yes you can afford it. But $40k+ for a RAV4 seems too expensive, I would look for a Lexus RX450h. More l...
by klondike
Thu Aug 20, 2020 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: how often do you check your net worth?
Replies: 153
Views: 9882

Re: how often do you check your net worth?

When my 25x target was in sight, I checked weekly sometimes daily as I was very stressed out by my job.
Once I reached, I check in a very good day or a very bad one like Mid March this year. When it approaches next whole $M, I checked couple times a week so I can smoke a celebratory cigar.
by klondike
Thu Aug 20, 2020 5:38 pm
Forum: Personal Investments
Topic: What is your asset allocation and what future % returns are you expecting?
Replies: 91
Views: 6238

Re: What is your asset allocation and what future % returns are you expecting?

I care less about the returns of 30 years into the future as long as I remain within x% of net worth. I don't see anything imminent that would drag me from x to x+n where n is positive.
When encountering a hungry grizzly in the wild, one just need to make sure s/he is not the slowest.
by klondike
Wed Aug 19, 2020 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: How to quit a job for retirement
Replies: 61
Views: 5375

Re: How to quit a job for retirement

How did you do it? Regular give notice stuff? Walk out or phone it in? Life has really changed for us, on a small vacation now. I’d really like to not ever work for someone else again. No particular bad feelings but work generally sucks having enough money. Part of me would rather not deal with 2-4...
by klondike
Tue Aug 18, 2020 9:19 pm
Forum: Investing - Theory, News & General
Topic: Can Academics Beat the Stock Market?
Replies: 109
Views: 7552

Re: Can Academics Beat the Market?

000 wrote: Tue Aug 18, 2020 9:13 pm If the academics underperform, who is outperforming? :confused
Bogleheads
by klondike
Tue Aug 18, 2020 9:00 pm
Forum: Personal Investments
Topic: How does the DJI close affect VTSAX?
Replies: 11
Views: 1064

Re: How does the DJI close affect VTSAX?

It tracks very closely because only the top 30 stocks matter anyway. People on other financial forums argue that index investing is a poor choice because everything outside of the top thirty just bring the whole index down, and you're better off making your own index with individual stocks purchase...
by klondike
Tue Aug 18, 2020 12:15 am
Forum: Personal Investments
Topic: Time to buy Tesla?
Replies: 71
Views: 10368

Re: Time to buy Tesla?

Makaveli wrote: Mon Aug 17, 2020 7:19 pm Last I looked there is nearly $20,000,000,000 of shorts on Tesla. I watched a youtube video on the "short squeeze" and all the upward momentum that creates.
It is always fun to see short sellers getting burned.
by klondike
Tue Aug 11, 2020 2:17 pm
Forum: Personal Investments
Topic: Moving to Cash?
Replies: 158
Views: 11567

Re: Moving to Cash?

000 wrote: Tue Aug 11, 2020 2:12 pm I'd rather have 76.5% of 100 than 100% of 0.
Ideally, I would like to sell it slowly and controllably when I don't have a W2. You could keep all 100 if you do it properly-:) :sharebeer
by klondike
Tue Aug 11, 2020 2:13 pm
Forum: Personal Consumer Issues
Topic: What YouTube channels do you watch?
Replies: 56
Views: 5131

Re: What YouTube channels do you watch?

South Main Auto
Eric The Car Guy
by klondike
Tue Aug 11, 2020 2:10 pm
Forum: Personal Investments
Topic: Moving to Cash?
Replies: 158
Views: 11567

Re: Moving to Cash?

Damn, so the capital gains on the shares you have in your taxable account are high enough that you'd owe 6 figures to the government if you sold all your shares? Baller right here. LTCG+NIIT can be very high, i.e. 23.5% or more. It's not hard to cut a substantial 6 dights check to IRS. Liquidating ...
by klondike
Tue Aug 11, 2020 1:49 pm
Forum: Personal Investments
Topic: Moving to Cash?
Replies: 158
Views: 11567

Re: Moving to Cash?

Dow is 28,000, with an all time high pre corona virus of 29,000, it seems irrational to have the Dow only 3ish% off the all time high with so many unemployed, no end to corona in sight, rising national debt, retail is a mess, real estate especially commercial is a mess. I am thinking it is best to ...
by klondike
Tue Aug 04, 2020 10:16 pm
Forum: Investing - Theory, News & General
Topic: Are we better off now than Dec 2018?
Replies: 264
Views: 21199

Re: Are we better off now than Dec 2018?

Thank OP -- this is a very interesting and educational thread to read.
by klondike
Mon Aug 03, 2020 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Rental property investing and #'s explained (why real estate can be a great investment)
Replies: 138
Views: 9244

Re: Rental property investing and #'s explained (why real estate can be a great investment)

If I can find properties at 9.8% cap rate and not having to carry a pistol and wearing body armor to collect rents in my area, I will buy a lot of properties all day long. Hello all, I have had someone in another post not believe my claims of being able to beat the avg return (9-10% return) of stock...
by klondike
Fri Jul 31, 2020 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 587
Views: 92321

Re: Losing a job in your 50's...

Klang, I have that stupid thing too. I have not been actively looking to be a star performer but I just can't let things ruin my reputation. I thought I would not have given a damn once I become FI but that's simply not true. Sorry. That does not work for me. I have a stupid sense of family honor an...
by klondike
Sat Jul 18, 2020 8:02 pm
Forum: Personal Consumer Issues
Topic: Used Bentley Flying Spur
Replies: 16
Views: 2114

Re: Used Bentley Flying Spur

atikovi wrote: Sat Jul 18, 2020 7:25 pm You should be able to pick one up for under $20,000, and way under that if you shop salvage auctions.
The one that runs (mid 2000s, close to 100k miles) is around $28-35k. I guess I need to look harder.
by klondike
Sat Jul 18, 2020 7:08 pm
Forum: Personal Consumer Issues
Topic: Used Bentley Flying Spur
Replies: 16
Views: 2114

Re: Used Bentley Flying Spur

It will come the day when you spend all weekends time to fix the car and your spouse get upset. Knowing one car is okay, but it's not like the snap of a finger and you know what to do with the Bentley right away. Learning takes time. Yes, at one point she threatened to towel my Odyssey to junk yard...
by klondike
Sat Jul 18, 2020 7:05 pm
Forum: Personal Consumer Issues
Topic: Used Bentley Flying Spur
Replies: 16
Views: 2114

Re: Used Bentley Flying Spur

One problem I can see is that Bentley packs a lot of stuff into the engine bay. It's very tight space. Many rubber hoses and vacuum lines are located in the back of the engine and tranny. Hoses and rubber do crack. It sucks to drop the engine and tranny just to replace a $10 vacuum line.
by klondike
Sat Jul 18, 2020 2:28 pm
Forum: Personal Consumer Issues
Topic: Used Bentley Flying Spur
Replies: 16
Views: 2114

Re: Used Bentley Flying Spur

What engine are you thinking? The V8 or the W12? The VW Phaeton/Audi S8 shared a lot of parts with it including the W12 in some trims. A lot of these exotics aren't necessarily bad maintenance wise but you really need to take them to a specialized shop for any major repairs which cost a fortune. I ...
by klondike
Sat Jul 18, 2020 12:23 am
Forum: Personal Consumer Issues
Topic: Used Bentley Flying Spur
Replies: 16
Views: 2114

Used Bentley Flying Spur

Hi, I'm a lifetime Honda owner and recently got hooked on a Bentley Flying Spur. I am considering buying a used 2006 era Flying Spur with less than 100k miles. I'm generally mechanically savvy. I maintain my Honda fleet - 3 Honda and 1 Acura myself, oil change, brake change, timing belt change, engi...
by klondike
Sat Jul 18, 2020 12:07 am
Forum: Personal Finance (Not Investing)
Topic: Tired Lawyer, Need career and life advice
Replies: 106
Views: 14146

Re: Tired Lawyer, Need career and life advice

I am not a lawyer but I am curious to know what is so stressful about a 40 hour a week job I'm very curious too. I make more than he does but I work much more hours and live in HCOL high tax state. I can't sleep and literally don't want to eat if I have a dangling problem that I couldn't figure out...
by klondike
Wed Jul 08, 2020 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Landlords: How are you doing this year?
Replies: 159
Views: 19790

Re: Landlords: How are you doing this year?

With the pending "free rent" bills at state and fed level, I don't feel like adding more rentals. What is this free rent bill? Nothing is free. Someone has to pay for it. Free rent means landlord is not allowed to evict tenants as soon as they claim they are affected by covid19. No proof ...
by klondike
Wed Jul 08, 2020 6:13 pm
Forum: Personal Consumer Issues
Topic: Toyota OEM parts
Replies: 32
Views: 1853

Re: Toyota OEM parts

I don't know about Toyota but I am the chief mechanic of my Honda fleet(3 Hondas and 1 Acura). I personally would never buy auto parts from eBay or Amazon. Too many counterfeits. They make no attempt to stop it. There are online discount OE parts. Some Honda dealers has online parts department where...
by klondike
Wed Jul 08, 2020 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Landlords: How are you doing this year?
Replies: 159
Views: 19790

Re: Landlords: How are you doing this year?

In our beautiful costal SoCal, rental market is hot. My loadlord friend and I are doing fine. No late payment so far -- knocking on wood... With the pending "free rent" bills at state and fed level, I don't feel like adding more rentals. OP, BiggerPockets is a much more interesting site fo...
by klondike
Wed Jul 08, 2020 12:18 pm
Forum: Personal Investments
Topic: Asset allocation for very early retirement?
Replies: 20
Views: 2124

Re: Asset allocation for very early retirement?

a bad luck (emotionally, not financially) in corporate America, so I’m looking to get out of it in a couple years, or similar, as soon a my portfolio reaches around $3M. I just can’t stand corporate authority anymore . Managers, bad peers, ... I want to insulate my life from people who have the pow...
by klondike
Wed Jul 08, 2020 11:42 am
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 374
Views: 70433

Re: Selling all equities, discuss why I'm wrong. :)

I remember someone somewhere said that if everyone can do timing correctly and reliably, we all will earn risk free return.
It's probably true.