Search found 19 matches

by we1
Mon Oct 21, 2019 12:48 am
Forum: Personal Consumer Issues
Topic: Ordering Model Y now - free option on price changes?
Replies: 13
Views: 1676

Re: Ordering Model Y now - free option on price changes?

harrychan wrote:
Mon Oct 21, 2019 12:11 am
If you need a car in the immediate future then the Y can't be your first option. Either a) get a used car to fill in the gap or b) get a S, X or 3 instead.
Don’t need one in immediate future. I can wait longer than a year but prefer to buy by mid 2021 if not a little sooner.
by we1
Sun Oct 20, 2019 11:56 pm
Forum: Personal Consumer Issues
Topic: Ordering Model Y now - free option on price changes?
Replies: 13
Views: 1676

Re: Ordering Model Y now - free option on price changes?

Thanks. I’m not seeing much risk on the order. Can always get the refund and in case the price goes up, I locked my price.
by we1
Sun Oct 20, 2019 7:15 pm
Forum: Personal Consumer Issues
Topic: Ordering Model Y now - free option on price changes?
Replies: 13
Views: 1676

Ordering Model Y now - free option on price changes?

I intend to purchase a Tesla Model Y once production starts. With Tesla constantly changing prices both up and down, I’m thinking to place the order now to lock in a price. It costs $2,500 to place an order. The order can be edited or canceled for a refund. Any thoughts? In August, prices were incre...
by we1
Mon Oct 07, 2019 10:24 pm
Forum: Personal Investments
Topic: Overfunding a 529 - weighing risk / reward
Replies: 18
Views: 1805

Re: Overfunding a 529 - weighing risk / reward

Thanks for all the replies. I knew about the 10% penalty but didn’t know you had to pay the marginal income tax rate on the gains. That is higher than my cap gains rate so the penalty is more than I thought. I am currently maxing out on all the other tax-advantaged space that I have. I don’t really ...
by we1
Mon Oct 07, 2019 9:15 pm
Forum: Personal Investments
Topic: Overfunding a 529 - weighing risk / reward
Replies: 18
Views: 1805

Overfunding a 529 - weighing risk / reward

Depending on state schools vs private schools, and potentially grad school, my kids’ college could cost anywhere from $125k to $400k+ in today’s dollars. I have to make some kind of assumptions on how much they’ll need. I’m thinking the following - considering the penalty for unused funds is 10% and...
by we1
Sat Sep 14, 2019 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 508
Views: 30147

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

What levers do you have to stay within the $64-66k MAGI needed to qualify for the premium tax credit? You may want to consider keeping a large, high interest home equity line of credit (HELOC). That way, you keep an option to pay some interest to the bank and lower your MAGI if needed to qualify fo...
by we1
Sat Sep 14, 2019 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 508
Views: 30147

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

What levers do you have to stay within the $64-66k MAGI needed to qualify for the premium tax credit? You may want to consider keeping a large, high interest home equity line of credit (HELOC). That way, you keep an option to pay some interest to the bank and lower your MAGI if needed to qualify fo...
by we1
Sat Sep 14, 2019 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 508
Views: 30147

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

What levers do you have to stay within the $64-66k MAGI needed to qualify for the premium tax credit? You may want to consider keeping a large, high interest home equity line of credit (HELOC). That way, you keep an option to pay some interest to the bank and lower your MAGI if needed to qualify for...
by we1
Thu Sep 12, 2019 12:56 am
Forum: Personal Investments
Topic: Low fee Private Equity / Alternative Investing Approach
Replies: 13
Views: 1538

Re: Low fee Private Equity / Alternative Investing Approach

I have looked for something similar for business PE. Closest I've found is PE fund-of-fund managers such as HarbourVest, Pantheon, Partners Group, Goldman, JPM, Adams Street, etc. All of them have fund-of-fund products where they're investing in dozens of underlying PE managers on your behalf. Great...
by we1
Sat Sep 07, 2019 3:01 am
Forum: Personal Finance (Not Investing)
Topic: Can it get better than 15 year fixed mortgage at 3%?
Replies: 44
Views: 3632

Re: Can it get better than 15 year fixed mortgage at 3%?

Check out the relationship mortgage thread. You can do better if you can move assets.
by we1
Sat Sep 07, 2019 12:04 am
Forum: Investing - Theory, News & General
Topic: Why an S&P 500 P/E multiple of 25x is reasonable
Replies: 12
Views: 1817

Why an S&P 500 P/E multiple of 25x is reasonable

Nobody knows nothing. But so many so-called experts like to say the market is expensive at the current 17-18x SP500 multiple. Takes us back to the TINA argument. While you find many recent threads on the role of bonds in this low-rate environment, the majority don’t seem to have accepted that the la...
by we1
Thu Sep 05, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Which mortgage should I pay off first?
Replies: 5
Views: 613

Re: Which mortgage should I pay off first?

The primary mortgage is fully deductible (grandfathered) and I also deduct the investment home so both provide me a similar tax benefit.
by we1
Thu Sep 05, 2019 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Which mortgage should I pay off first?
Replies: 5
Views: 613

Which mortgage should I pay off first?

I have an investment property mortgage at a 3.5% rate. I have my primary home mortgage at 2.75% The primary home mortgage is about 2x the balance and 2x the monthly payment as the investment home mortgage. Should I view the two mortgages as fungible and pay off the higher rate one first? Part of the...
by we1
Fri Aug 30, 2019 12:26 pm
Forum: Investing - Theory, News & General
Topic: Looking at investment asset allocation in more detail than stocks/bonds
Replies: 46
Views: 4933

Re: Looking at investment asset allocation in more detail than stocks/bonds

I believe that the majority of us has a large portion of our investments in low cost index funds/ETFs. Then there are those of us who also hold real estate, RSUs, individual stocks, private equity, sector-specific funds, P2P lending accounts, cryptocurrency, commodities, and leveraged ETFs a la HED...
by we1
Wed Aug 28, 2019 12:21 am
Forum: Investing - Theory, News & General
Topic: Uncle Fred’s Second Coin – The Case for Leveraged Bonds
Replies: 126
Views: 7615

Re: Uncle Fred’s Second Coin – The Case for Leveraged Bonds

Leverage seems to be all the rage around here lately :?: Indeed, this thread, the 90/60, Hedgefundie and so on. Everything is foolproof until a black swan hits. Nah, that will only happen to LTCM. Leverage is not a free lunch. Just because interest rate trends over the past 35 plus years have been ...
by we1
Sun Aug 25, 2019 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: How Have You Planned for Sequence of Return Risk (SOR)?
Replies: 178
Views: 11784

Re: How Have You Planned for Sequence of Return Risk (SOR)?

I am also wondering whether I should purchase I-bonds as there are many fans on this forum. May you kindly share your thought on I-bonds? No CDs, no savings accounts...I assume no MMs, either. Do they have a modern banking system in Texas? I had a small amount in an I-bond bought at Treasury Direct...
by we1
Mon Aug 19, 2019 7:37 pm
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13873

Re: When Did You Ease Up On Saving Aggressively?

I eased up after hitting about 25x expenses. It was initially hard to give myself permission to spend the extra $$ that used to go into our taxable accounts but the extra time/comfort/memories it provides now are worth more to me than having the extra cushion at retirement. I expect to have 35x+ exp...
by we1
Fri Aug 02, 2019 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: balancing investment in bonds versus paying off mortgage payoff
Replies: 7
Views: 731

Re: balancing investment in bonds versus paying off mortgage payoff

Ultimately this is going to boil down to how much you personally value liquidity. If you’re comfortable with lower liquidity and the spread between your mortgage rate and bond yields is meaningful, that favors paying down the mortgage. I have a very low rate on my ARM mortgage and BND yields almost ...
by we1
Fri Aug 02, 2019 6:57 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation w/ Bond Yields at Zero%
Replies: 12
Views: 1910

Re: Asset Allocation w/ Bond Yields at Zero%

With real yields essentially at 0%, the purpose of bonds nowadays is primarily for liquidity so that you aren’t a forced seller in a steep equity correction. Your AA approach is similar to mine. Keep X years in safe bonds for liquidity and the rest in equities. Some will say you need long term bonds...