Search found 135 matches

by kimura king
Sat Nov 28, 2020 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford an $800k-1M home?
Replies: 39
Views: 5065

Re: Can we afford an $800k-1M home?

I am truly impressed with your ability to save that much on that income, in that amount of time. Looks like the stock market has been really good to you the last decade. I would hate to be house poor. I wouldn't do it or I would find a way to make a massive down payment to keep the monthly payment d...
by kimura king
Fri Nov 27, 2020 11:28 am
Forum: Personal Consumer Issues
Topic: Tools and Products for tooth and gum hygiene
Replies: 12
Views: 693

Re: Tools and Products for tooth and gum hygiene

Every time I walk by the waterpick at Costco I want to buy it but I'm too cheap. I think I will finally break and buy the darn thing next time.
by kimura king
Tue Nov 24, 2020 7:54 pm
Forum: Personal Investments
Topic: Should I contribute to my 401k?
Replies: 12
Views: 1416

Re: Should I contribute to my 401k?

At first glance, I read the question and username and facepalmed, but this is actually a good question. Yes, I would still invest. My employer offers a simple IRA with American Funds, I do get a 3% match but I would use it for tax-deferred investing anyhow. I have it going into 4 funds and they actu...
by kimura king
Sat Nov 21, 2020 2:21 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 159
Views: 12779

Re: I took a 10yr loan to buy TSLA shares [Austria]

Well actually I am much younger than 20 years from 60. Counting from my current age it would be 39 years for me to go to 60. But the point still stands. For a guy who is 39 (referring to OP) the risk preferences will be vastly different from some-one who is 60 so it would not be wise to avoid takin...
by kimura king
Sat Nov 21, 2020 12:23 pm
Forum: Investing - Theory, News & General
Topic: Dividends vs Total Return
Replies: 73
Views: 6923

Re: Dividends vs Total Return

This idea that you can live off the dividends without touching the "principal" is garbage - a myth propagated by those who romanticize dividends and don't understand how the market works. A dividend is exactly the same as selling the same amount in stock. It is not wealth. It is not a pay...
by kimura king
Wed Nov 18, 2020 3:46 pm
Forum: Personal Consumer Issues
Topic: New Truck Purchase
Replies: 102
Views: 6621

Re: New Truck Purchase

Lifted F350 dually on 84 months.
by kimura king
Wed Nov 18, 2020 1:05 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 159
Views: 12779

Re: I took a 10yr loan to buy TSLA shares [Austria]

Good luck Herbert. I bought Telsa before the split for around $1400, it split, rose to $2200, I sold at $2100. Wish I didn't sell it! I keep 95% or more of my portfolio in index funds. I don't know what your goals are, or how things will work out with your approach. It will go one of two ways. A lot...
by kimura king
Sat Nov 14, 2020 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Over-Improving Your Personal Residence?
Replies: 106
Views: 8993

Re: Over-Improving Your Personal Residence?

Be sure to research the composition deck carefully, They may be OK now but lots of people have had problems with them in the past. A few expenses that you did not include in your budget. With that much work going on you would likely want to move out for the better part of a year so be sure to also ...
by kimura king
Fri Nov 13, 2020 11:17 pm
Forum: Personal Investments
Topic: Current Stock Market Trends
Replies: 19
Views: 1934

Re: Current Stock Market Trends

A bunch of hundredaires and thousandaires investing into a few stocks won't change the market by much. I read on CNBC or somewhere that some pro's think the market is currently overpriced by 5%. Fine. Probably true for a lot of different reasons. Three fund portfolio is doing great this year, S&...
by kimura king
Fri Nov 13, 2020 1:05 am
Forum: Investing - Theory, News & General
Topic: % allocation in bitcoin
Replies: 204
Views: 11170

Re: % allocation in bitcoin

0%. I first heard of bitcoin on Rogan's podcast on April 22, 2014, I considered buying some in 2014 - https://www.youtube.com/watch?v=EnhGlgCm4MU Years later, in 2017, a work friend told me they had some money in bitcoin and I considered it again. Obviously, I missed the boat and now it is priced hi...
by kimura king
Wed Nov 11, 2020 4:51 pm
Forum: Personal Consumer Issues
Topic: Avoiding new Doctor scam - any tips?
Replies: 38
Views: 4858

Re: Avoiding new Doctor scam - any tips?

lol annual exams can definitely be good. OP - not sure if this is something under your control, as Mike said call and tell them you don't want the full eval. If the doc bills as a comprehensive new patient eval, that should require more than just a hello, the doc should be obtaining complete history...
by kimura king
Sun Nov 08, 2020 11:29 am
Forum: Investing - Theory, News & General
Topic: Help me understand this 66% return
Replies: 53
Views: 6186

Re: Help me understand this 66% return

Yeah, just the idea of contributing to a company that has the potential to profit from war. On the other hand, I realize that countries need militaries, which rely on multiple things to work, including defense contractors/the arms industry. I'm 95% plus invested into index funds, but I do like resea...
by kimura king
Sat Nov 07, 2020 10:52 pm
Forum: Investing - Theory, News & General
Topic: Help me understand this 66% return
Replies: 53
Views: 6186

Re: Help me understand this 66% return

Good post, thanks. About to go to bed so trying to keep it short. 1 - yes 2. No. The rich may emit more CO2, but so does everyone driving a car. These groups also do not litter plastic cups everywhere, use public streets as a toilet less, needles, ems/psych facilities, etc. All humans rich and poor ...
by kimura king
Sat Nov 07, 2020 12:30 pm
Forum: Personal Investments
Topic: About to retire- Asset Allocation
Replies: 19
Views: 1505

Re: About to retire- Asset Allocation

I'd probably go 60/40.

With a paid for house and still spending 16k a month, consider using a budgeting app like YNAB or everydollar plus to track your expenses. :beer
by kimura king
Sat Nov 07, 2020 12:24 pm
Forum: Investing - Theory, News & General
Topic: Help me understand this 66% return
Replies: 53
Views: 6186

Re: Help me understand this 66% return

I will admit, I own a few shares of Lockheed Martin stock and have had mixed feelings about it ethically.

I'm also not a fan of having tobacco companies in the S&P.
by kimura king
Thu Nov 05, 2020 9:03 pm
Forum: Personal Investments
Topic: (Hopefully) Quick question : Really just three funds? Reallocate everything?
Replies: 57
Views: 4068

Re: (Hopefully) Quick question : Really just three funds? Reallocate everything?

Yep. I was in the same scenario last year and put everything into a 3 fund with Fidelity (FZROX, FZILX, FXNAX). My stress level went down after the process and my investing confidence went up. I value the 3 fund portfolio for a lot of reasons commonly discussed here. Calling both the current brokera...
by kimura king
Thu Nov 05, 2020 8:47 pm
Forum: Personal Consumer Issues
Topic: Automatic Dishwasher Detergent
Replies: 23
Views: 1749

Re: Automatic Dishwasher Detergent

Cascade complete pods from costco.
by kimura king
Thu Nov 05, 2020 7:49 am
Forum: Investing - Theory, News & General
Topic: Help me understand this 66% return
Replies: 53
Views: 6186

Re: Help me understand this 66% return

This is why I strongly favor a carbon tax. Society can calibrate how fast we should move and thus how much pain. Capitalisms can figure out the most efficient way to implement the plan. One could even go the Canadian path where the tax is rebated back to the population, mitigating the transition co...
by kimura king
Mon Nov 02, 2020 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone Else Feel Broke Trying to Maintain a High Savings Rate?
Replies: 114
Views: 11684

Re: Anyone Else Feel Broke Trying to Maintain a High Savings Rate?

I pretty much feel broke. I drive a Dave Ramsey/Uncle Buck style beater with a busted muffler.....it is a compact SUV but I do look broke as a joke everywhere I go LOL. A sketchy oil change place smashed my muffler so my car now sounds like a riced out 90's civic. I have wanted to spend 1k on a Toro...
by kimura king
Sun Nov 01, 2020 7:32 pm
Forum: Personal Investments
Topic: twitter 20% drop
Replies: 55
Views: 5998

Re: twitter 20% drop

Jack Bogle said you could have 5% of your portfolio in a "funny money" account with essentially any investments you want. Bogle was clear that the other 95% or greater in index funds was the most important part of the portfolio. I have bought about 10 stocks in my life and made pretty good...
by kimura king
Wed Oct 28, 2020 9:41 pm
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 568
Views: 77067

Re: What lifestyle creep made you happier?

We have a cleaning lady come over once or twice a month. Makes my wife a lot less stressed about the house. Hired painters to paint the entire interior a "calming white." It was expensive but I admit, it looks tasteful. On vacations, I always make sure to rent a cool car. I also enjoy splu...
by kimura king
Tue Oct 27, 2020 9:47 pm
Forum: Personal Consumer Issues
Topic: Drinking water at home
Replies: 72
Views: 4592

Re: Drinking water at home

filtered water from a samsung fridge is all I drink besides coffee, seltzer water, and beer.
by kimura king
Mon Oct 26, 2020 9:58 pm
Forum: Personal Investments
Topic: 31, NYC, Need Advice
Replies: 62
Views: 5537

Re: 31, NYC, Need Advice

Stop worrying about money, especially at 31. Just put an intense focus on consistent work, debt payoff, savings, and investing (in that order). You could find a way to up your income and your savings rate both over a short period of time.
by kimura king
Sun Oct 25, 2020 3:38 pm
Forum: Personal Consumer Issues
Topic: All Season Tires wearing out too fast.
Replies: 65
Views: 3632

Re: All Season Tires wearing out too fast.

I think I got 39k out of the tires on the last new car I bought. Mostly highway. Highway miles are easier on the engine/transmission but actually wear down tread depth faster than city driving. Still, worn tires at 22k on a well maintained new car is pathetic. It is starting to look like you have a ...
by kimura king
Sun Oct 25, 2020 2:41 pm
Forum: Personal Consumer Issues
Topic: All Season Tires wearing out too fast.
Replies: 65
Views: 3632

Re: All Season Tires wearing out too fast.

Here is what they will tell you (and they might be right):

1. You did not rotate the tires every 5-8k.
2. You have an alignment issue (bad tie rod, strut, etc).

I only buy Michelin tires from Costco. Best tires with excellent grip/durability.
by kimura king
Sun Oct 25, 2020 9:00 am
Forum: Investing - Theory, News & General
Topic: If you have a sizable portfolio, you don't need an emergency fund
Replies: 260
Views: 25754

Re: If you have a sizable portfolio, you don't need an emergency fund

rockstar wrote: Thu Oct 22, 2020 10:56 pm I keep my emergency funds in my checking account. I don't have to sell investments to raise cash. This has kept me panic free. It's really about behavior more than anything else. My taxable account is large enough to more than pay off my home.
this is what winning looks like
by kimura king
Sat Oct 24, 2020 12:06 pm
Forum: Personal Consumer Issues
Topic: Protein consumption strength training
Replies: 80
Views: 4574

Re: Protein consumption strength training

lean body salted caramel is the best tasting protein shake i have had. quiktrip gas stations sell it i think.

https://www.amazon.com/LABRADA-Protein- ... B01769TWGA
by kimura king
Sat Oct 24, 2020 8:56 am
Forum: Investing - Theory, News & General
Topic: Anybody here trying Coast FIRE?
Replies: 317
Views: 26922

Re: Anybody here trying Coast FIRE?

I only work for money. I have tons of hobbies I would pursue if I wasn't so strapped for time. Wife works and travels overnight 2-3 nights a week so I'm alone with 2 kids racing to daycare, work all day after a 40 minute commute, dealing with work, race home and driving kids to dance, gymnastics, so...
by kimura king
Fri Oct 23, 2020 8:38 pm
Forum: Investing - Theory, News & General
Topic: 7 Reasons Not to Use a 100% Stock Portfolio - The White Coat Investor
Replies: 200
Views: 13394

Re: 7 Reasons Not to Use a 100% Stock Portfolio - The White Coat Investor

Thank you 000 for basically saying bonds are risky. That was all I was trying to point out with my previous post. Bonds don't help me sleep at all. I have 20k in bonds but not buying more until I am in my 50's, in the meantime I'm all cash and total market index funds. roth evangelist - If you don't...
by kimura king
Fri Oct 23, 2020 8:30 pm
Forum: Personal Investments
Topic: New Investor Profile - What Should I Invest In?
Replies: 18
Views: 1369

Re: New Investor Profile - What Should I Invest In?

duckie nailed it. you are pretty young and in a good position, focus on your savings rate, budgeting, keeping lifestyle down for a while so you can actually accumulate. if you run out of space in the 401k and backdoor roth, consider a taxable account and throwing it in a total stock market index (I ...
by kimura king
Fri Oct 23, 2020 3:34 pm
Forum: Investing - Theory, News & General
Topic: 7 Reasons Not to Use a 100% Stock Portfolio - The White Coat Investor
Replies: 200
Views: 13394

Re: 7 Reasons Not to Use a 100% Stock Portfolio - The White Coat Investor

This thread is a perfect example of everyone's unique risk tolerance, ranging from going homeless during a downturn to others wanting to go 100% equities. One point that has not been mentioned - bonds are pretty volatile themselves. Selling bonds at the wrong time seems to carry the same risk as sel...
by kimura king
Fri Oct 23, 2020 2:47 pm
Forum: Personal Investments
Topic: Help getting in the market
Replies: 52
Views: 3496

Re: Help getting in the market

Is this all going in a taxable account? I like taxable accounts but would be nice to use some tax-advantaged accounts like a roth, 401k or sep ira.
by kimura king
Fri Oct 23, 2020 1:10 pm
Forum: Personal Investments
Topic: Going “all in” on paying mortgage
Replies: 178
Views: 14459

Re: Going “all in” on paying mortgage

Has anyone prioritized their mortgage big time over taxable investing? I’m talking about sending all investible funds straight to mortgage after maxing out tax advantaged accounts. I realize that is *not* historically the path to maximizing long term ROI on those dollars however having zero mortgag...
by kimura king
Sun Oct 18, 2020 9:21 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads are good at market timing
Replies: 81
Views: 6968

Re: Bogleheads are good at market timing

Here are a few of many examples of false alarms: April 2010 Time To Sell Stocks? Is the party over? Today's extreme drop is scary. Is it only the beginning? January 2013 Overvalued Equities ... US equities are 40 to 50 percent overpriced. November 2013 Advice: Should I invest when Stocks are at all...
by kimura king
Sun Oct 18, 2020 5:03 pm
Forum: Personal Investments
Topic: Should I have a taxable account if I'm not maxing retirement accounts?
Replies: 77
Views: 5512

Re: Should I have a taxable account if I'm not maxing retirement accounts?

In addition to a cash emergency fund, I do keep a small taxable account for several reasons. I like having money around for peace of mind that won't get penalized if I need it before 59.5 or 63. It will grow I can use it to pay for my kids weddings, house repairs, cars, job loss, whatever other expe...
by kimura king
Sat Oct 17, 2020 11:17 pm
Forum: Personal Investments
Topic: All in on VTSAX
Replies: 136
Views: 13210

Re: All in on VTSAX

All in on VTSAX is probably fine in my view.

One consideration, JL Collins also likes 0% international, but he also likes 20% bonds to, as he puts it, "smooth the ride." You may want 20% in international just because it kind of does smooth the ride since it tracks differently.
by kimura king
Sat Oct 17, 2020 11:02 pm
Forum: Personal Consumer Issues
Topic: Pay $120/year for iCloud or switch to Google Photos
Replies: 48
Views: 3414

Re: Pay $120/year for iCloud or switch to Google Photos

I use google photos for free. Wife does too. Everything is on there. Iphone users and the only thing we pay for is netflix ($14 a month now?), amazon prime ($100 a year I think), apple music (2 accounts of $15 a month).
by kimura king
Mon Oct 12, 2020 11:26 pm
Forum: Personal Investments
Topic: How do you avoid the fomo of the tech industry right now?
Replies: 36
Views: 2972

Re: How do you avoid the fomo of the tech industry right now?

didn't bogle say keeping 5% of your portfolio in single stocks was ok? Never bear too much or too little risk? I swear I have read that bogle was ok with 5% stocks somewhere but about to go to bed and too tired to search. btw - i have am 100% index funds except my taxable account also has a small pe...
by kimura king
Sun Oct 11, 2020 10:24 pm
Forum: Personal Investments
Topic: Mid-40s, basically nothing in taxable, please advise
Replies: 40
Views: 6566

Re: Mid-40s, basically nothing in taxable, please advise

Questions: 1. We will have $2000-$3000 monthly excess--unsure of the amount because we just finished paying off the car and refinancing and some costs are temporarily lowered due to Covid. Should we add to the 529s? Split between taxable and 529s? 2. So far we've taken the target-date approach for ...
by kimura king
Tue Sep 01, 2020 6:58 pm
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 296
Views: 20690

Re: What is your age and asset allocation ?

39 yo, 90/10.

I plan on going 70/30 around age 50 and keeping that AA.
by kimura king
Sat Aug 22, 2020 10:37 am
Forum: Personal Investments
Topic: What is your asset allocation and what future % returns are you expecting?
Replies: 91
Views: 6234

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

cool story bro. i drive an austin martin and retired at 29. managing about 20 million, just hoping for that 0% return!!!!

signed,
typical boglehead
by kimura king
Thu Aug 20, 2020 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: Are emergency funds for suckers?
Replies: 202
Views: 16057

Re: Are emergency funds for suckers?

if you are a normal guy, keep 20k in a money market as insurance for the family. if you are a normal boglehead (atty/physician/oil engineer) that shops exclusively at Sam's club and has his wife driving a 1999 Ford Contour....then no you don't need an an emergency fund and would be a sucker. Hey no...
by kimura king
Thu Aug 20, 2020 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: Are emergency funds for suckers?
Replies: 202
Views: 16057

Re: Are emergency funds for suckers?

if you are a normal guy, keep 20k in a money market as insurance for the family. if you are a normal boglehead (atty/physician/oil engineer) that shops exclusively at Sam's club and has his wife driving a 1999 Ford Contour....then no you don't need an an emergency fund and would be a sucker.
by kimura king
Fri Aug 14, 2020 11:05 pm
Forum: Investing - Theory, News & General
Topic: Is AGG considered a "safe" bond etf?
Replies: 7
Views: 1078

Re: Is AGG considered a "safe" bond etf?

AGG is about as safe and diverse as a bond ETF gets.

BTW OP - I hope you kept to your plan of keeping 25x expenses in fixed and allocating the rest 60/40. Getting too conservative with the rest could cost a guy like you 50k+ easily with the changes in the stock market the past four months.
by kimura king
Thu Aug 13, 2020 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: My kid scratched my neighbor's new car
Replies: 115
Views: 7500

Re: My kid scratched my neighbor's new car

Hello, Really would appreciate Boglehead feedback here. My 7 yr old kid was riding his bike and hit my neighbors car. The scratch seemed relatively minor but this is a brand new SUV (took delivery of it a day ago!). It looks like the estimate from the dealer's collision agent and it comes out to $2...
by kimura king
Wed Aug 12, 2020 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice
Replies: 88
Views: 8133

Re: Career advice

Sorry for the unpleasant meeting. Kind of thought it might be something like this. Did they provided you some documentation of the complaints against you? Are you able to respond in writing to put in your HR file? If so, I would do that. But before I did so, I’d ask your old boss to read/critique i...