Search found 15 matches

by SashaWalpole
Sat Jan 16, 2021 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Good First Real Estate Investment?
Replies: 29
Views: 2408

Re: Good First Real Estate Investment?

Its funny how different my opinion is from everyone else. Some ppl in the past have accused me of being overly conservative with my numbers by projecting expenses like vacancy, repairs, and CapEx. In my opinion, things happen and you can't afford to exclude these (right now phantom) costs.
by SashaWalpole
Sat Jan 16, 2021 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Good First Real Estate Investment?
Replies: 29
Views: 2408

Re: Good First Real Estate Investment?

I currently own 3 multi family rental properties. I'm a new landlord. I've bought one property each of the last 3 years. My advice if you haven't done so already is to buy Brandon Turner's books," The Book on Rental Property Investing" and "Managing Rental Properties" before you ...
by SashaWalpole
Wed Aug 26, 2020 11:42 pm
Forum: Investing - Theory, News & General
Topic: Book recommendations for young adults/new investors
Replies: 21
Views: 1514

Re: Book recommendations for young adults/new investors

I feel like this topic pops up pretty frequently. "The Richest Man in Babylon"- Abstract personal finance book. A bunch of parables set in an ancient civilization. It does sort of use old english, so if they don't like to read, they might not like it. I personally find it incredibly fun to...
by SashaWalpole
Tue Mar 31, 2020 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Are cell phones like cars? [Buying new vs buying used or keeping old]
Replies: 62
Views: 3556

Re: Are cell phones like cars?

My first cell phone was a new Galaxy Samsung s4 active. When it broke down recently, i bought a refurbished s7 active. It was around $150 and i think it's awesome! It was android's flagship phone 4 years ago, but apparently androids don't hold their value. I pay $30/ month for my data, phone calls, ...
by SashaWalpole
Mon Mar 30, 2020 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: House Buying Advice - Contract Already Signed
Replies: 39
Views: 3871

Re: House Buying Advice - Contract Already Signed

This seems like a very unbogglehead like question. If you want to buy this house, surely you intend to stay there for some time (it's not worth it to buy rather than rent if you don't). And if you do intend to stay over a long time period, then how much does it really matter whether the value of the...
by SashaWalpole
Sun Mar 29, 2020 8:32 am
Forum: Investing - Theory, News & General
Topic: Book suggestions for a 16 year old
Replies: 47
Views: 2348

Re: Book suggestions for a 16 year old

Well, most of the books i'd recommend have already been mentioned by one poster or another. However, i'll just give you my list anyway. I've read a lot of personal finance books and books on investing, and in my opinion there are three that people should read. THE RICHEST MAN IN BABYLON- The best ab...
by SashaWalpole
Thu Mar 19, 2020 7:08 pm
Forum: Investing - Theory, News & General
Topic: Bond Funds don't work in a crisis
Replies: 179
Views: 13464

Re: Bond Funds don't work in a crisis

I've just learned this lesson the hard way. Two years ago, i put $85k in Vangaurd's investment grade short term bond fund. The idea was to hold it temporarily somewhere safe so that i could eventually use that money to invest in real estate. I've been automatically reinvesting the dividends and had ...
by SashaWalpole
Thu Jan 16, 2020 8:20 pm
Forum: Investing - Theory, News & General
Topic: How can we know whether the market's overvalued?
Replies: 53
Views: 4395

How can we know whether the market's overvalued?

As someone who got burned in the crypto bubble, I'm very curious about this. When you look at indicators like Marketcap to GDP and Price to Earnings, the market has been way overvalued for a long time. https://www.longtermtrends.net/market-cap-to-gdp/ https://www.multpl.com/shiller-pe Yet, are these...
by SashaWalpole
Mon Jan 06, 2020 12:29 am
Forum: Personal Finance (Not Investing)
Topic: How do you spend $$ on yourself?
Replies: 108
Views: 12577

Re: How do you spend $$ on yourself?

When i first got into personal finance (around 2 years ago), I started keeping track of every dollar i spent using an app called Money Management. After a month or two of keeping track, i decided to set a goal of saving half of gross my income. Soon, i decided that i could increase that to two third...
by SashaWalpole
Sat Jan 04, 2020 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Paid for Real Estate Investing?
Replies: 11
Views: 824

Re: Paid for Real Estate Investing?

So, i’ll give you my thoughts as someone who has owned a rental property for a year, intends to buy more, and has done a lot of self education on the subject. 1) Rental properties take more work and more of an investment in self education than investing in index funds. You can get screwed in multipl...
by SashaWalpole
Thu Jan 02, 2020 11:27 am
Forum: Personal Investments
Topic: Was my short term bond fund a mistake?
Replies: 2
Views: 624

Was my short term bond fund a mistake?

So, two years ago, I made hundreds of thousands of dollars in the crypto bubble and then lost most of it when the bubble popped. After that, i decided to take my ball and go home. I took what was left ($80,000) and put it into Vangaurd’s Short Term Investment Grade Bond Mutual Fund. The reason i cho...
by SashaWalpole
Thu Nov 07, 2019 8:22 pm
Forum: Personal Investments
Topic: large stake in VNQ [Vanguard Real Estate ETF]
Replies: 17
Views: 1994

Re: large stake in VNQ [Vanguard Real Estate ETF]

So, a little more info... I have around $90k in individual stocks that my grandfather gave me. I can't sell them without paying significant taxes. My Roth has $3k in VGT (Vanguard tech sector), $2k in VTI (total stock market), $1k in VO (mid caps), and $12k in VNQ (reits). I have one 200k rental pr...
by SashaWalpole
Thu Nov 07, 2019 8:20 pm
Forum: Personal Investments
Topic: large stake in VNQ [Vanguard Real Estate ETF]
Replies: 17
Views: 1994

Re: large stake in VNQ [Vanguard Real Estate ETF]

Hi, i'm new here. I made a lot of money in the crypto bubble a couple years ago and then lost most of it in the preceding crypto crash. The experience convinced me to education myself more on investing. I read the Boggleheads Guide to Investing before deciding that i'd like to focus more on real es...
by SashaWalpole
Thu Nov 07, 2019 6:32 pm
Forum: Personal Investments
Topic: large stake in VNQ [Vanguard Real Estate ETF]
Replies: 17
Views: 1994

Re: large stake in VNQ [Vanguard Real Estate ETF]

So, a little more info... I have around $90k in individual stocks that my grandfather gave me. I can't sell them without paying significant taxes. My Roth has $3k in VGT (Vanguard tech sector), $2k in VTI (total stock market), $1k in VO (mid caps), and $12k in VNQ (reits). I have one 200k rental pro...
by SashaWalpole
Thu Nov 07, 2019 3:34 pm
Forum: Personal Investments
Topic: large stake in VNQ [Vanguard Real Estate ETF]
Replies: 17
Views: 1994

large stake in VNQ [Vanguard Real Estate ETF]

Hi, i'm new here. I made a lot of money in the crypto bubble a couple years ago and then lost most of it in the preceding crypto crash. The experience convinced me to education myself more on investing. I read the Boggleheads Guide to Investing before deciding that i'd like to focus more on real est...