Search found 1234 matches

by HawkeyePierce
Thu May 28, 2020 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: 1:1 salary and stock jobs?
Replies: 72
Views: 4257

Re: 1:1 salary and stock jobs?

But I think that misses the point of this post. The point is that jobs with significant equity compensation have significant growth potential relatively independent of what kind of work you do and how you do it. I can’t think of another job where an analyst starts off making $100k and ends up at $4...
by HawkeyePierce
Thu May 28, 2020 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Getting plane tickets refunded from Virgin
Replies: 16
Views: 723

Re: Getting plane tickets refunded from Virgin

Virgin Atlantic is on the edge of bankruptcy and has been slow-rolling refunds to preserve cash. https://www.flyertalk.com/forum/virgin-atlantic-airways-flying-club/2015208-vs-currently-paying-out-agreed-refunds.html There's a decent chance you won't get that money back at this point. If the bankru...
by HawkeyePierce
Thu May 28, 2020 11:47 am
Forum: Personal Investments
Topic: Why Vanguard Seems to Be Pushing Us Towards ETFs?
Replies: 50
Views: 4407

Re: Why Vanguard Seems to Be Pushing Us Towards ETFs?

I'm not familiar with ETF. So please bear with me if this is a stupid question. Would an ETF created on different time period priced differently assuming a change in stock component of the index that it's based on? Let's say an ETF A is created based on Vanguard 500 Index mutual fund. 10 years late...
by HawkeyePierce
Thu May 28, 2020 9:13 am
Forum: Personal Finance (Not Investing)
Topic: CC Points Extraction...What would you do with 1,000,000 points?
Replies: 18
Views: 1265

Re: CC Points Extraction...What would you do with 1,000,000 points?

Since travel *will* resume eventually and Amex/Chase points are far more flexible than points with any airline, I'd leave them right where they are. Right now all my Chase/Citi/Amex points are staying in those programs until we see how the airlines weather the current crisis. Of course, that depends...
by HawkeyePierce
Thu May 28, 2020 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Getting plane tickets refunded from Virgin
Replies: 16
Views: 723

Re: Getting plane tickets refunded from Virgin

Virgin Atlantic is on the edge of bankruptcy and has been slow-rolling refunds to preserve cash.

https://www.flyertalk.com/forum/virgin- ... funds.html

There's a decent chance you won't get that money back at this point.
by HawkeyePierce
Wed May 27, 2020 10:36 pm
Forum: Personal Investments
Topic: SCV worth higher ER?
Replies: 12
Views: 621

Re: SCV worth higher ER?

Is there a reason you're limited to these two funds?
by HawkeyePierce
Wed May 27, 2020 5:04 pm
Forum: Investing - Theory, News & General
Topic: iBonds and BulletShares - Diversified Corp Bond ETFs with Target Dates
Replies: 9
Views: 619

Re: iBonds and BulletShares - Diversified Corp Bond ETFs with Target Dates

Conceptually I like the idea, I'm just not sure I see the point for the retail investor. Retail investors generally don't have nominal obligations at a fixed point in the future. Maybe college expenses? TIPS ladders guard against the risk of sudden short-term inflation. What risk does a corporate fi...
by HawkeyePierce
Tue May 26, 2020 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8434

Re: Investors: be aware of weakness in 2FA + strengthening

It would be incredibly difficult (and not at all user-friendly) to implement a 30 second expiration for a code sent via SMS. It would probably make for a good comedy sketch though. Not really, transit time for SMS should be on the order of a couple of seconds. "Should" That is surprisingly often no...
by HawkeyePierce
Tue May 26, 2020 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: 1:1 salary and stock jobs?
Replies: 72
Views: 4257

Re: 1:1 salary and stock jobs?

Exactly. When you get to $400k total comp, no one is offering that entirely in base salary, for any role in any industry. Netflix is the exception that proves the rule here. Sort of. They're small (~1000 engineers) and only hire engineers who would be staff engineers or higher at peer companies. Li...
by HawkeyePierce
Tue May 26, 2020 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8434

Re: Investors: be aware of weakness in 2FA + strengthening

By "stole your information" do you mean he has my username and password? If not, what good is the verification code to him? They can steal your SSN, answers to security questions, etc. so as to port your number out. They can then use the phone number to reset your password. See the Fidelity passwor...
by HawkeyePierce
Tue May 26, 2020 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8434

Re: Investors: be aware of weakness in 2FA + strengthening

The best security for the average person is a password manager that will autofill your credentials only into a matching domain. The password manager allows you to have unique passwords for each site, preventing credential stuffing, and it allows for validation of the domain for which credentials ar...
by HawkeyePierce
Tue May 26, 2020 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: 1:1 salary and stock jobs?
Replies: 72
Views: 4257

Re: 1:1 salary and stock jobs?

To be fair, Netflix pays engineers >$400k in base salary with next to no stock-based compensation.

However, they are the only Valley firm I know of with a comp structure like that, they are highly competitive and turnover is sky-high.
by HawkeyePierce
Tue May 26, 2020 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: 1:1 salary and stock jobs?
Replies: 72
Views: 4257

Re: 1:1 salary and stock jobs?

RSUs are about 45% of my compensation right now. I'm a software engineer at a major tech company. $155k salary, $31k target bonus (variable), $150k RSUs at present FMV. In tech your cash comp caps out pretty quickly. I'm unlikely to break $200k in salary, but my RSU target value could easily double ...
by HawkeyePierce
Sun May 24, 2020 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8434

Re: Investors: be aware of weakness in 2FA + strengthening

If you do use 2FA that is reliant on your cell carrier, would advise that you look into any type of extra security available (pin codes / account strengthening that they offer). This would make it more difficult for the SIM attack. Could also look at 2FA like google Authenticator if your financial ...
by HawkeyePierce
Sun May 24, 2020 2:22 pm
Forum: Personal Investments
Topic: Why Vanguard Seems to Be Pushing Us Towards ETFs?
Replies: 50
Views: 4407

Re: Why Vanguard Seems to Be Pushing Us Towards ETFs?

Fclevz wrote:
Sun May 24, 2020 1:56 pm
But Vanguard also has many funds for which there is no ETF share class.
They also have many ETFs for which their is no mutual fund share class.
by HawkeyePierce
Sun May 24, 2020 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8434

Re: Investors: be aware of weakness in 2FA + strengthening

Several companies have started using 2 passwords. One for login and the other for trading. When you make a trade or transaction you assign it a password. Probably active for just a few days. Then when finished assign the account a new "trading password". That would be used for future transactions o...
by HawkeyePierce
Sun May 24, 2020 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8434

Re: Investors: be aware of weakness in 2FA + strengthening

There are basically two types of 2FA: -Code generators (token apps like Authy or Symantec VIP) that are good. -"We will send you a code by SMS". The latter is garbage and insecure, and we should all be very concerned that most of our banks only use that one. (Vanguard offers use of the Yubikey, whi...
by HawkeyePierce
Sun May 24, 2020 12:48 am
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8434

Re: Investors: be aware of weakness in 2FA + strengthening

You can make recovery via email, but in Vanguard's view, email may be less secure than SMS. For 99% of the population, the recovery to your email is via SMS. You can make recovery via snail mail. This works great for credit card companies, but you have to tolerate being without access to your accou...
by HawkeyePierce
Sun May 24, 2020 12:47 am
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8434

Re: Investors: be aware of weakness in 2FA + strengthening

lawman3966 wrote:
Sun May 24, 2020 12:23 am
I have ordered a Yubikey and hope to add this security feature to accounts at Schwab, Vanguard, and Fidelity.

Can anyone provide any feedback regarding the method for adding Yubikey to accounts at these companies and how it has worked for you.
Schwab doesn't support Yubikeys.
by HawkeyePierce
Sat May 23, 2020 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 153
Views: 8434

Re: Investors: be aware of weakness in 2FA + strengthening

FIREchief wrote:
Sat May 23, 2020 10:45 pm
Does this apply in any way to 2FA that uses semantic VIP, such as at Fidelity?
No.
by HawkeyePierce
Sat May 23, 2020 8:57 pm
Forum: Personal Consumer Issues
Topic: Self Isolating Winter Getaway Ideas
Replies: 19
Views: 1722

Re: Self Isolating Winter Getaway Ideas

Utah won't be warm, but its National Parks in winter are unbeatable. No crowds, often sunny weather, inexpensive.

Moab is one of my favorite winter destinations. St. George is also a great option.
by HawkeyePierce
Sat May 23, 2020 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card perks besides cash/points?
Replies: 19
Views: 1539

Re: Best credit card perks besides cash/points?

Amex's concierge has helped me get reservations at Michelin-starred restaurants in Tokyo. Their hotel program is also useful. Whenever I go to Vegas I book through Amex at a participating hotel on the Strip—which includes most of the good ones. Rates are usually the same or very close to booking dir...
by HawkeyePierce
Sat May 23, 2020 11:46 am
Forum: Personal Finance (Not Investing)
Topic: How often do you change passwords on your investment accounts?
Replies: 41
Views: 2451

Re: How often do you change passwords on your investment accounts?

Never, unless I'm notified of a breach. NIST no longer recommends forced password rotations: https://pages.nist.gov/800-63-FAQ/#q-b05 The First rule bout Security is: one doesn't talk about Security! I was thinking to comment, but saw this first. Sounds like good advice. It's not good advice. For th...
by HawkeyePierce
Sat May 23, 2020 1:20 am
Forum: Personal Investments
Topic: Thinking of selling some SP 500 to buy more Wells Fargo
Replies: 73
Views: 4779

Re: Thinking of selling some SP 500 to buy more Wells Fargo

Also can’t ignore the Div yield of 8.44%. I know they might decrease it , but still will be better yield than 500 A dividend is a tax-inefficient way to move money you already own from one pocket to the other. The company is paying out money to shareholders that is already owned by those shareholde...
by HawkeyePierce
Fri May 22, 2020 11:45 pm
Forum: Personal Investments
Topic: Has anyone ever used their Emergency Fund?
Replies: 92
Views: 7115

Re: Has anyone ever used their Emergency Fund?

Twice. Once when I was in a horrible job at one of the big consulting firms. One day I just quit. Packed up and moved to a new city without a job lined up. My emergency fund kept me going while I searched. Having the cash to make that move led me to a new job that got my foot in the door of the worl...
by HawkeyePierce
Thu May 21, 2020 11:16 pm
Forum: Personal Consumer Issues
Topic: How to find someone to build a web application/website
Replies: 9
Views: 1288

Re: How to find someone to build a web application/website

Learn enough to build a prototype yourself, then think about hiring a firm or individual to build a more polished version. Or be prepared to spend a fortune. The minimum price tag on a project like this at a good firm is $100k. Mobile app development requires more than just a dev shop to throw somet...
by HawkeyePierce
Wed May 20, 2020 9:31 am
Forum: Investing - Theory, News & General
Topic: Emerging Market Stocks Funds too exposed to China
Replies: 27
Views: 2215

Re: Emerging Market Stocks Funds too exposed to China

I split my EM allocation between stocks and bonds to limit exposure to China. Half VWO, half VWOB.
by HawkeyePierce
Wed May 20, 2020 9:29 am
Forum: Investing - Theory, News & General
Topic: Worth replacing International Small Cap (DLS, FNDC and DGS) to VSS ?
Replies: 26
Views: 1385

Re: Worth replacing International Small Cap (DLS, FNDC and DGS) to VSS ?

Earlier this year I switched my int'l small cap allocation from SCHC (Schwab developed small cap) to ISCF (iShares multifactor int'l small cap).

ISCF tilts towards value, momentum and quality. So far it's weathered the crisis reasonably well, though past is past.
by HawkeyePierce
Tue May 19, 2020 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for grocery rewards
Replies: 37
Views: 2804

Re: Best credit card for grocery rewards

Amex Everyday Preferred offers 4.5x on groceries and 3x on gas as long as you hit 30 transactions a month.
by HawkeyePierce
Tue May 19, 2020 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Student debt vs investing
Replies: 37
Views: 1974

Re: Student debt vs investing

I was in a similar situation, with a six-figure student loan balance and high income. I chose to max out all tax-advantaged space but forgo taxable investing. I was able to pay it off in a few years. Those early retirement contributions are the most valuable. If you can maintain them, it's probably ...
by HawkeyePierce
Sun May 17, 2020 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Security at Schwab in Light of SIM Hack Concerns
Replies: 3
Views: 463

Re: Security at Schwab in Light of SIM Hack Concerns

Schwab supports 2FA using a TOTP app. This is not susceptible to a SIM swap attack.

I’ve been with Schwab for ten years and don’t think they’ve ever texted me anything.
by HawkeyePierce
Sun May 17, 2020 10:37 pm
Forum: Personal Investments
Topic: Do you Max for 401k then go for mega backdoor or both concurrently?
Replies: 14
Views: 990

Re: Do you Max for 401k then go for mega backdoor or both concurrently?

Our plan won’t let you make after tax contributions unless you’re making out pre-tax and/or Roth contributions.
by HawkeyePierce
Sun May 17, 2020 2:03 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 HawkeyePierce
Sat May 16, 2020 9:35 am
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 50780

Re: How Is Your Job Being Impacted By The Current Crisis?

I'm very excited about permanent WFH. I was planning to buy a house this summer and I've already started sketching out what my optimal home office will look like.
by HawkeyePierce
Sat May 16, 2020 12:03 am
Forum: Personal Consumer Issues
Topic: Who needs a firewall and who doesn't?
Replies: 18
Views: 1306

Re: Who needs a firewall and who doesn't?

In years past, yes, you needed a lot of third-party software to keep Windows safe. That has all changed. Windows Defender is plenty and most third-party antivirus is garbage. 1) Don't pirate software 2) Keep backups with Backblaze (which can't be impacted by ransomware, though this is rare for an in...
by HawkeyePierce
Fri May 15, 2020 12:09 am
Forum: Investing - Theory, News & General
Topic: Fixed Income lessons learned from Coronavirus?
Replies: 48
Views: 4257

Re: Fixed Income lessons learned from Coronavirus?

No changes. Long term treasuries, a small slice of emerging market bonds and a healthy emergency fund in CDs.
by HawkeyePierce
Thu May 14, 2020 10:35 am
Forum: Investing - Theory, News & General
Topic: Which one is better EM bonds or EM equities or both?
Replies: 41
Views: 1685

Re: Which one is better EM bonds or EM equities or both?

Which one is better for emerging markets allocation EM bonds or EM equities? Since EM bonds behave like equities I think this is a fair question. I use both, though I treat the EM bonds as part of my equity allocation instead of my bond allocation because of their volatility. The regional exposures...
by HawkeyePierce
Wed May 13, 2020 11:08 pm
Forum: Investing - Theory, News & General
Topic: WisdomTree 90/60 U.S. Balanced Fund [NTSX]
Replies: 292
Views: 22429

Re: WisdomTree 90/60 U.S. Balanced Fund [NTSX]

Used on its own 100% NTSX vs 100% PSLDX what do you guys think? Pros for NTSX: Lower ER, can be used in taxable, lower exposure to bond duration Pros for PSLDX: Higher returns since inception. Differences: PSLDX is more leveraged so higher gains and loses. Structure requires it be held in IRA. The ...
by HawkeyePierce
Wed May 13, 2020 3:42 pm
Forum: Investing - Theory, News & General
Topic: WisdomTree 90/60 U.S. Balanced Fund [NTSX]
Replies: 292
Views: 22429

Re: WisdomTree 90/60 U.S. Balanced Fund [NTSX]

They're not comparable funds IMO. NTSX only leverages Treasurys, PSLDX leverages corporate bonds *and* equities.
by HawkeyePierce
Wed May 13, 2020 3:37 pm
Forum: Investing - Theory, News & General
Topic: Why GAAP and non GAAP?
Replies: 24
Views: 1364

Re: Why GAAP and non GAAP?

There's a great book called "Financial Shenanigans" that will teach you how to identify, well, shenanigans in financial reports, especially around non-GAAP reporting.
by HawkeyePierce
Tue May 12, 2020 10:50 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13073

Re: Will "work from home" destroy the commercial real estate market?

Our CEO just announced that we're moving to permanent WFH for everyone. Nobody will be required to return to the offices once they reopen next year. If we and enough of our peer companies make this move I don't see how it *can't* impact the SF real estate market, both commercial and residential. We ...
by HawkeyePierce
Mon May 11, 2020 10:49 pm
Forum: Investing - Theory, News & General
Topic: AQR/Asness on the Death of Value...Which Vanguard ETFs to Get?
Replies: 43
Views: 3502

Re: AQR/Asness on the Death of Value...Which Vanguard ETFs to Get?

*In theory* I like the methodology of QVAL, but over the last three years it's had nearly identical results as VIOV or VBR. And that is a bad thing why? Over a period where size and value factors have been crushed, a fund that picks from the deepest decile of value and only holds ~42 stocks has kep...
by HawkeyePierce
Mon May 11, 2020 10:45 pm
Forum: Personal Consumer Issues
Topic: How to visit all the US national parks
Replies: 19
Views: 2108

Re: How to visit all the US national parks

The annual National Parks pass is possibly the best travel deal in the world.

Personally, I've decided to pick a few parks and get to know them deeply, rather than trying to visit all of them. For me, that's Rocky Mountain, Arches, Canyonlands and Zion.

But to each their own.
by HawkeyePierce
Mon May 11, 2020 6:22 pm
Forum: Personal Consumer Issues
Topic: Password vault or generator?
Replies: 74
Views: 3923

Re: Password vault or generator?

You are far far more likely to suffer due to a credential-stuffing attack than due to someone installing a physical keylogger on your machine.

Bringing that hypothetical threat in just muddles what are exceptionally clear waters: password managers improve security for the average user.
by HawkeyePierce
Mon May 11, 2020 6:08 pm
Forum: Investing - Theory, News & General
Topic: AQR/Asness on the Death of Value...Which Vanguard ETFs to Get?
Replies: 43
Views: 3502

Re: AQR/Asness on the Death of Value...Which Vanguard ETFs to Get?

*In theory* I like the methodology of QVAL, but over the last three years it's had nearly identical results as VIOV or VBR. And that is a bad thing why? Over a period where size and value factors have been crushed, a fund that picks from the deepest decile of value and only holds ~42 stocks has kep...
by HawkeyePierce
Mon May 11, 2020 4:50 pm
Forum: Personal Consumer Issues
Topic: Thoughts on Berkey Water Filters
Replies: 20
Views: 1462

Re: Thoughts on Berkey Water Filters

I don't know why people are so enthusiastic about this thing. The manufacturer hasn't sought independent certifications of its filtration system and those who have tested it have found it wanting compared to its marketing claims.

https://thewirecutter.com/reviews/big-b ... er-system/
by HawkeyePierce
Mon May 11, 2020 4:45 pm
Forum: Investing - Theory, News & General
Topic: AQR/Asness on the Death of Value...Which Vanguard ETFs to Get?
Replies: 43
Views: 3502

Re: AQR/Asness on the Death of Value...Which Vanguard ETFs to Get?

*In theory* I like the methodology of QVAL, but over the last three years it's had nearly identical results as VIOV or VBR.
by HawkeyePierce
Mon May 11, 2020 4:30 pm
Forum: Personal Consumer Issues
Topic: 90%+ chocolate bar
Replies: 67
Views: 4822

Re: 90%+ chocolate bar

Theo produces a delicious 85% bar. My runner-up brand is Chocolove.
by HawkeyePierce
Mon May 11, 2020 12:20 am
Forum: Personal Consumer Issues
Topic: SIM Card Hack
Replies: 21
Views: 2647

Re: SIM Card Hack

Coincidentally, I came across this topic recently and believe a ‘port freeze’ to be a reasonable option if your carrier provides it. In essence, you make it more difficult to facilitate a sim swap. Perhaps this too may be circumvented, but should provide an additional measure of protection in the m...
by HawkeyePierce
Mon May 11, 2020 12:10 am
Forum: Investing - Theory, News & General
Topic: Can't believe how ridiculously expensive Shopify is [Stock]
Replies: 65
Views: 4372

Re: Can't believe how ridiculously expensive Shopify is [Stock]

Are you telling us to go all-in on Twilio? lol that's exactly what I'm saying. If only we'd had this conversation on Wednesday! The right way to play the enterprises-shifting-to-the-cloud trend is not through stock picking, but rather by buying all the B2B SaaS stocks. I am partial to the index tha...