Search found 80 matches

by LeftCoastIV
Fri Jan 17, 2020 5:00 pm
Forum: Personal Investments
Topic: About to try FIRE and expolring going from 4.625% on 30yrs to 2.8% on 15 yrs - advice appreciated
Replies: 32
Views: 1829

Re: About to try FIRE and expolring going from 4.625% on 30yrs to 2.8% on 15 yrs - advice appreciated

Your ability to refinance down the road if you need to take some cash out (either cash-out refi, or line of credit) may be limited if you are unemployed. At min, you would likely pay a higher rate, although I don't know the details of your passive income stream and if that would be considered accept...
by LeftCoastIV
Thu Jan 16, 2020 11:44 pm
Forum: Personal Investments
Topic: Money Market account part of AA?
Replies: 30
Views: 1653

Re: Money Market account part of AA?

We include cash in our AA calculation, and it is the vast majority of our fixed income. Bond index funds don't seem to offer a notably superior return without moving into lower credit ratings, so I'm comfortable with money market accounts and/or CDs.
by LeftCoastIV
Wed Jan 15, 2020 10:43 pm
Forum: Personal Investments
Topic: FDIC Insurance Rules Update
Replies: 21
Views: 3015

FDIC Insurance Rules Update

I received this notice today from Ally Bank, where we have FDIC insured accounts. Sharing with others as an FYI. FDIC rule requires us to ask for more beneficiary information The FDIC has made updates, effective April 1, 2020, to its regulatory requirements for paying deposit insurance. To make sure...
by LeftCoastIV
Thu Dec 26, 2019 12:23 am
Forum: Personal Finance (Not Investing)
Topic: Job offer at FAANG for $350k - Declining Offer
Replies: 161
Views: 17462

Re: Job offer at FAANG for $350k

The culture of each FAANG is different. If this is the A in Seattle, be aware that it may significantly impact your ability to spend quality time with your family. Every team within each company can be different, though. Does it seem like your future co-workers have families, or is it a round the cl...
by LeftCoastIV
Sat Dec 21, 2019 5:21 pm
Forum: Personal Investments
Topic: How much in 529 is enough to fund college?
Replies: 114
Views: 10323

Re: How much in 529 is enough to fund college?

I found this tool helpful when planning our college savings goals:
http://www.savingforcollege.com/college ... /index.php

Like any similar tool, the assumptions drive the outcomes.
by LeftCoastIV
Fri Dec 20, 2019 12:13 am
Forum: Personal Consumer Issues
Topic: Casual slip on shoes
Replies: 25
Views: 2393

Re: Casual slip on shoes

Johnston & Murphy McGuffey slip on. I wear these with jeans at work, and wore them around Europe on vacation this summer. Great shoes. Super comfortable. https://www.johnstonmurphy.com/mcguffey-slip-on/6267.html?dwvar_6267_width=M&dwvar_6267_color=Light%20Tan%20Oiled%20Full%20Grain%20Leather#start=5
by LeftCoastIV
Thu Dec 19, 2019 3:51 pm
Forum: Personal Investments
Topic: Stock grants and stock concentration - re-balance or not?
Replies: 12
Views: 564

Re: Stock grants and stock concentration - re-balance or not?

OP here. I wanted to provide an update and seek additional advice. I have started selling all new RSUs immediately, and investing in an S&P500 index fund. Taxes are already withheld by my employer, and I increased my withholding to align more closely to our marginal income tax rate, to avoid tax su...
by LeftCoastIV
Thu Dec 19, 2019 1:33 pm
Forum: Personal Investments
Topic: Stock grants and stock concentration - re-balance or not?
Replies: 12
Views: 564

Re: Stock grants and stock concentration - re-balance or not?

OP here. I wanted to provide an update and seek additional advice. I have started selling all new RSUs immediately, and investing in an S&P500 index fund. Taxes are already withheld by my employer, and I increased my withholding to align more closely to our marginal income tax rate, to avoid tax sur...
by LeftCoastIV
Tue Dec 17, 2019 8:17 pm
Forum: Personal Investments
Topic: Can I Retire?
Replies: 63
Views: 7864

Re: Can I Retire?

Do you have enough $ in bonds or fixed income *outside* of retirement accounts to deal with the first five years of your retirement being a bear market, without needing to sell equities?
by LeftCoastIV
Mon Dec 16, 2019 7:28 pm
Forum: Personal Consumer Issues
Topic: Strategy to work a deal when buying a car
Replies: 38
Views: 3091

Re: Strategy to work a deal when buying a car

My process: 1. Go see and drive car. Let them see and drive your trade-in, if applicable. Tell them you are in a hurry. 2. Leave 3. Negotiate everything over email, text, and phone. Do NOT go back to the dealership until the final amount is fully negotiated 4. Return to dealer to buy car. If amount ...
by LeftCoastIV
Mon Dec 16, 2019 7:12 pm
Forum: Personal Investments
Topic: Give Land Back [Bought land from friend, he wants to buy it back]
Replies: 83
Views: 4914

Re: Give Land Back

I was in a similar situation as the OP many years ago, but with a relative rather than a friend. Here is how we handled it: I determined the price of the land as follows: The price I paid + the property taxes I had paid+ interest I would have earned on the cash if it had been in a CD + closing cost...
by LeftCoastIV
Mon Dec 16, 2019 3:53 pm
Forum: Personal Investments
Topic: Any Reason to Not Use Roth IRA for House Down Payment Money?
Replies: 32
Views: 2962

Re: Any Reason to Not Use Roth IRA for House Down Payment Money?

I'd say if you are pretty confident that you will *not* need to touch the Roth IRA funds for your house, then continue putting money into Roth, and if you ultimately determine you don't need to withdraw the money, then invest in whatever long-term asset allocation you think makes sense in your Roth ...
by LeftCoastIV
Wed Dec 11, 2019 7:34 pm
Forum: Personal Investments
Topic: Thoughts on 5 Fund Strategy for Resident Physician
Replies: 23
Views: 2800

Re: Thoughts on 5 Fund Strategy for Resident Physician

A thought on your bond fund planning: The Vanguard Extended Duration Trs ETF fund you are considering is actually more volatile than the S&P500, at 19.44% annualized standard deviation vs. 11.6% for the S&P 500. The are inversely correlated, so if you don't care about volatility and just want a bear...
by LeftCoastIV
Thu Dec 05, 2019 4:22 pm
Forum: Personal Investments
Topic: Passively Managed Funds in a Market Downturn a Good Idea?
Replies: 28
Views: 2452

Re: Passively Managed Funds in a Market Downturn a Good Idea?

Before you invest (in general, but in passive index funds as well), Bogleheads will tell you to write down your Investment Policy Statement (IPS). Among other things, this allows you to think through how you will respond to a market downturn before it happens, to increases the odds that long-term in...
by LeftCoastIV
Wed Dec 04, 2019 4:24 pm
Forum: Personal Investments
Topic: ESPP in private company
Replies: 5
Views: 279

Re: ESPP in private company

One question I would have is if there are any restrictions on your ability to participate in the liquidity event. For example, can every employee sell all of their shares in a single liquidity period, or would this be a "bank run" of sorts on the company's cash reserves? Unless you think the company...
by LeftCoastIV
Tue Dec 03, 2019 5:49 pm
Forum: Personal Investments
Topic: Choosing between 529 Plans
Replies: 22
Views: 889

Re: Choosing between 529 Plans

We went with Utah and selected an age-based fund, to put it on auto-pilot and not have to think about re-balancing as college approaches.
by LeftCoastIV
Mon Dec 02, 2019 6:47 pm
Forum: Personal Investments
Topic: Financial Health - Review
Replies: 7
Views: 625

Re: Financial Health - Review

I'm a little nervous that you're planning to buy a presumably more expensive house that will add to your already sizable mortgage debt. What do you anticipate your new monthly mortgage payments will be on your new home? What is that as a % of *after-tax* monthly income? You state you plan to save ov...
by LeftCoastIV
Mon Nov 11, 2019 3:57 pm
Forum: Non-US Investing
Topic: Portfolio and Taxes [Singapore]
Replies: 37
Views: 883

Re: Asset Allocation for larger portfolio

I agree with having sufficient cash/fixed income to cover living expenses during an extended bear market, so you don't have to sell equities. If that's three years, five years, etc. is up to you. In theory, everything else could be exposed to equity volatility, subject to your desired AA and toleran...
by LeftCoastIV
Tue Nov 05, 2019 6:34 pm
Forum: Personal Investments
Topic: Should I let UBS manage our windfall?
Replies: 23
Views: 2743

Re: Should I let UBS manage our windfall?

You might also consider putting a portion into a 529 college savings plan for the new addition. Your future self will thank you for starting the compounding investing returns 18 years ahead of time for college costs. If you decide to do this, and it is a significant amount, be sure to check the gift...
by LeftCoastIV
Sun Nov 03, 2019 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: New Job, Depressed, Money issues
Replies: 89
Views: 12236

Re: New Job, Depressed, Money issues

This sounds like a great break for you actually. DevOps/automation skills are more aligned with modern development and deployment practices. You are in essence being paid to modernize your skill set. Learn everything you can. It may feel awkward to ask a 25 year old how to do something, but don’t sw...
by LeftCoastIV
Thu Oct 31, 2019 10:44 am
Forum: Non-US Investing
Topic: Investing for minor in S&P500 IE ETF
Replies: 9
Views: 534

Re: Investing for minor in S&P500 IE ETF

You may want to look into a custodial account. Here’s a brief primer (not a recommendation for this particular company):

https://www.firstrade.com/content/en-us ... /custodial
by LeftCoastIV
Fri Oct 18, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: NYT: Why Don’t Rich People Just Stop Working?
Replies: 18
Views: 3682

NYT: Why Don’t Rich People Just Stop Working?

Pretty light read that looks into the psychology behind folks who continue to dedicate themselves to work long after they need to do so. "Post-economic" life stage, as referenced in the article. (you may hit a paywall) https://www.nytimes.com/2019/10/17/style/rich-people-things.html?smid=nytcore-ios...
by LeftCoastIV
Sat Oct 05, 2019 1:06 am
Forum: Personal Consumer Issues
Topic: Camper Trailers
Replies: 17
Views: 2434

Re: Camper Trailers

Rvshare.com and Outdoorsy.com allow RV/trailer owners to rent to other people, like AirBnB but for RVs/trailers. We just rented a beautiful trailer for a weekend, loved it, and wondered why we would own when renting was so easy.
by LeftCoastIV
Fri Oct 04, 2019 11:04 pm
Forum: Personal Investments
Topic: ESPP taxing rules, to hold or not to hold
Replies: 39
Views: 6501

Re: ESPP taxing rules, to hold or not to hold

Darth Xanadu wrote:
Wed May 09, 2018 10:00 am
What double-tax?
This article may help: https://mystockoptions.typepad.com/blog ... avoid.html >> see #6 in the article
by LeftCoastIV
Thu Sep 26, 2019 1:25 pm
Forum: Personal Investments
Topic: Mega Backdoor Roth through Fidelity
Replies: 22
Views: 2199

Re: Mega Backdoor Roth through Fidelity

Since this is unintuitive, for those who are looking for this information, navigate to the following: 1. NetBenefits 2. Go to "Summary" main tab and "Balances" subtab 3. Scroll down to the "Your Investments" section 4. In the third column in that section, "Sources", click the "Show Details" link 5....
by LeftCoastIV
Wed Sep 25, 2019 8:10 pm
Forum: Personal Investments
Topic: Mega Backdoor Roth through Fidelity
Replies: 22
Views: 2199

Re: Mega Backdoor Roth through Fidelity

I recently started automated MBDRoth contributions with Fidelity. I was surprised that the Fidelity website just lumps everything together into one Balance, and doesn't show me a breakout of my traditional 401K balance and my MBDRoth balance. Perhaps this is because I have everything in the same fun...
by LeftCoastIV
Tue Sep 24, 2019 3:44 pm
Forum: Personal Investments
Topic: Math is scary
Replies: 42
Views: 7030

Re: Math is scary

With 30 years to go until retirement, the best you can do right now IMO is put as much of your savings on auto-pilot as you can. 401K. IRA. Roth. Employee stock plan if you have one. HSA if you have one. 529s if needed. After-tax contributions. Think of your "spendable" paycheck as everything after ...
by LeftCoastIV
Tue Sep 24, 2019 3:29 pm
Forum: Personal Investments
Topic: So, Wow [AA change after divorce]
Replies: 84
Views: 11162

Re: So, Wow [AA change after divorce]

- Not getting rid of the house. I do live in a high cost city, and real estate, including rentals, is very expensive. I'm paying $6,000 a month on a 15 year mortgage vs. $4,000 for what I was paying to rent a 2BR. My kids now have a real place to visit and their own rooms when they come over; my do...
by LeftCoastIV
Tue Sep 24, 2019 3:24 pm
Forum: Personal Investments
Topic: So, Wow [AA change after divorce]
Replies: 84
Views: 11162

Re: So, Wow

abuss368 wrote:
Tue Sep 24, 2019 11:42 am
Outer Marker wrote:
Tue Sep 24, 2019 9:17 am
BarbBrooklyn wrote:
Tue Sep 24, 2019 9:06 am
Why are you funding your mother's long term care?
That is a sacred obligation. I'd bankrupt myself before I neglected my mom.
Thanks.
Do you have siblings or other family members that could/should be helping with these expenses?
by LeftCoastIV
Mon Sep 23, 2019 6:23 pm
Forum: Personal Investments
Topic: Anyone here has more 200k in a single stock ?
Replies: 58
Views: 9170

Re: Anyone here has more 200k in a single stock ?

If you are still in the early accumulation stage, you may be able to reduce single-stock concentration by capping new purchases and/or dividend reinvestments, and letting the the rest of your portfolio outgrow the single stock holding, thus reducing its % of your overall portfolio. This has the bene...
by LeftCoastIV
Thu Sep 19, 2019 12:52 pm
Forum: Personal Consumer Issues
Topic: $2k repairs on $12K car
Replies: 81
Views: 5510

Re: $2k repairs on $12K car

Thanks everyone. Appreciate the candid responses. To wrap up this thread, we plan to pare down the maintenance work to brake pad replacements, and battery replacement (which we may just get done at an auto parts store). I ordered the air cabin filter on Amazon, to install myself. We'll pass on havin...
by LeftCoastIV
Wed Sep 18, 2019 10:56 am
Forum: Personal Consumer Issues
Topic: $2k repairs on $12K car
Replies: 81
Views: 5510

Re: $2k repairs on $12K car

Thanks everyone for the thoughtful replies. My next step is to look at the recommended maintenance schedule, plus look for a local auto shop just for the battery. On the topic of painted brake rotors, as far as I can tell, it is for aesthetic reasons to prevent rust: https://shop.advanceautoparts.c...
by LeftCoastIV
Tue Sep 17, 2019 6:43 pm
Forum: Personal Consumer Issues
Topic: $2k repairs on $12K car
Replies: 81
Views: 5510

Re: $2k repairs on $12K car

Thanks everyone for the thoughtful replies. My next step is to look at the recommended maintenance schedule, plus look for a local auto shop just for the battery. On the topic of painted brake rotors, as far as I can tell, it is for aesthetic reasons to prevent rust: https://shop.advanceautoparts.co...
by LeftCoastIV
Tue Sep 17, 2019 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: How do you spend money to gain time? (young family)
Replies: 155
Views: 11978

Re: How do you spend money to gain time? (young family)

Uber Eats and/or other food delivery when our schedules are busy

And, we say no to things we don't really want to do.
by LeftCoastIV
Tue Sep 17, 2019 4:28 pm
Forum: Personal Consumer Issues
Topic: $2k repairs on $12K car
Replies: 81
Views: 5510

$2k repairs on $12K car

My wife drives a 2013 Japanese-brand SUV with 69,000 miles on it. She likes the car and never complains about it. She has been to two different shops that have told it needs a number of repairs/maintenance items completed. She has a bid from a reputable shop for $2K in repairs (details below). The v...
by LeftCoastIV
Sat Sep 14, 2019 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Escrow account between neighbors?
Replies: 11
Views: 1556

Re: Escrow account between neighbors?

Thanks all for the comments. I’ll be looking into both the promissory note and escrow account options.
by LeftCoastIV
Fri Sep 13, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Escrow account between neighbors?
Replies: 11
Views: 1556

Re: Escrow account between neighbors?

Thanks all for the quick replies. Re "Is this a real escrow account", not sure I follow the question, but it will need to function as an escrow account, meaning I will not have the unilateral right to receive the money back unless the conditions have been met (in this case, a 5-year duration without...
by LeftCoastIV
Fri Sep 13, 2019 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Escrow account between neighbors?
Replies: 11
Views: 1556

Escrow account between neighbors?

I am working with my neighbor to conduct some work on his hillside that will improve my view. The work will be code compliant and completed by professional contractors. I will pay for the work. As part of this process, my neighbor is requiring that I provide a financial guarantee that I will pay for...
by LeftCoastIV
Mon Sep 02, 2019 9:35 pm
Forum: Personal Investments
Topic: Need a change in tactics (maybe)
Replies: 23
Views: 2568

Re: Need a change in tactics (maybe)

If you did nothing, your the Target Retirement 2025 fund will make you more conservative over time, specifically it will ultimately end up as the Target Retirement Income Fund by 2032 (7 years after the 2025 date). At that point, your AA would be: 50% in VTTVX, which by then will be 30% stock and 70...
by LeftCoastIV
Wed Jul 31, 2019 11:51 am
Forum: Personal Consumer Issues
Topic: 3 Days in Seattle
Replies: 24
Views: 1522

Re: 3 Days in Seattle

Long-time local here: Some ideas that might not be in a guide book: 1. Have lunch at Aqua Verde and rent kayaks right below the restaurant, then go out for a paddle 2. Go to Alki in West Seattle, rent bikes (Lime bike and Jump bikes are in Seattle) and ride along the waterfront. You may be able to g...
by LeftCoastIV
Tue Jul 30, 2019 2:30 pm
Forum: Personal Consumer Issues
Topic: Your Favorite [Travel Destination] on Earth: Where and Why?
Replies: 184
Views: 21907

Re: Your Favorite [Travel Destination] on Earth: Where and Why?

Thus far, Croatia has been my favorite place. Dubrovnik and Korcula in particular. Less so for Split, but still a neat town.

And, +1 to the San Juan Islands in WA state.
by LeftCoastIV
Tue Jul 30, 2019 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Storing documents--- trust, will, etc.
Replies: 22
Views: 2175

Re: Storing documents--- trust, will, etc.

I sent digital copies of our estate planning documents to family members, so they could save the files.

We also have them at our house (just in a cabinet, nothing fancy), plus at a safety deposit box at a bank nearby.
by LeftCoastIV
Tue Jul 30, 2019 2:19 pm
Forum: Personal Investments
Topic: Using IRA money to purchase an investment property
Replies: 11
Views: 1519

Re: Using IRA money to purchase an investment property

I can rent part time... Pay careful attention to the double dealing portion of the rules. Using it primarily for yourself and only renting part time sets off alarm bells for me... I am reminded of the classic Jane Quinn Bryant line: “ Never invest in anything that you can’t explain to a reasonably ...
by LeftCoastIV
Sun Jul 21, 2019 5:28 pm
Forum: Personal Investments
Topic: where to put cash holdings
Replies: 7
Views: 1605

Re: where to put cash holdings

pdx4me wrote:
Sun Jul 21, 2019 5:19 pm
OP here, my bank is currently paying 2.35% interest in the high yield savings account which I think is pretty good. Is there any advantage to having a Vanguard MM account rather than the high yield account through my bank?
2.35% is a good rate these days for an FDIC-insured account.
by LeftCoastIV
Sat Jul 20, 2019 11:25 pm
Forum: Personal Investments
Topic: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice
Replies: 99
Views: 21671

Re: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice

OP said this is an emergency fund not for current regular expenses. The Ally No Penalty CD is paying 2.1% with FDIC coverage. The funds are locked up for the first 6 *days*. After that you can withdraw all funds and accrued interest instantly with, as the title implies, no penalty. You can literall...
by LeftCoastIV
Fri Jul 19, 2019 11:11 am
Forum: Personal Investments
Topic: Edward J rep is not answering my Questions
Replies: 63
Views: 9833

Re: Edward J rep is not answering my Questions

I'm assuming these are front-end loaded funds, and thus the pain has been inflicted already (although the 1% expense ratio is obnoxious). I think your next step is to call Vanguard, tell them all the funds you have at EJ, and confirm that they can accept them directly without needing to liquidate. F...
by LeftCoastIV
Thu Jul 18, 2019 11:13 pm
Forum: Personal Investments
Topic: Edward J rep is not answering my Questions
Replies: 63
Views: 9833

Re: Edward J rep is not answering my Questions

Can you post the actual funds you are trying to take out of Edward Jones? This will help us understand if they are mutual funds that can be rolled over to another financial institution (like Vanguard), or if they are proprietary products unique to Edward Jones that are not available elsewhere.
by LeftCoastIV
Thu Jul 18, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Substantial position in an individual stock
Replies: 31
Views: 2550

Re: Substantial position in an individual stock

If you stop buying AAPL, but kept up with the rest of your contributions, would your AAPL % of holdings decline naturally to an acceptable level in the next two years? I don't know how old you are, or how large your portfolio is, so perhaps you can invest your way into an AA that you feel more comfo...
by LeftCoastIV
Thu Jul 18, 2019 10:32 am
Forum: Personal Investments
Topic: Mega backdoor Roth - checking my steps
Replies: 10
Views: 1268

Re: Mega backdoor Roth - checking my steps

OP here... thanks everyone for the confirmation on the process.
by LeftCoastIV
Wed Jul 17, 2019 5:45 pm
Forum: Personal Investments
Topic: Mega backdoor Roth - checking my steps
Replies: 10
Views: 1268

Mega backdoor Roth - checking my steps

I am planning to execute on the Mega backdoor Roth option, and wanted to check my steps for any feedback that this forum may have. I am an employee at a MegaCorp and have confirmed the following so far: * Confirmed that my 401K plan allows for after-tax contributions * Confirmed that my 401K allows ...