Search found 98 matches

by softmax
Thu Aug 06, 2020 11:27 am
Forum: Investing - Theory, News & General
Topic: Anyone else hoarding cash right now?
Replies: 133
Views: 10366

Re: Anyone else hoarding cash right now?

Not really hoarding but I hold enough cash as a house down payment fund.
I invest the rest in VOO/VTI equivalents but I'm doing DCA.
by softmax
Mon Aug 03, 2020 7:41 pm
Forum: Investing - Theory, News & General
Topic: Seeing lots of "PrimeTime Stock" ads on Youtube
Replies: 5
Views: 438

Seeing lots of "PrimeTime Stock" ads on Youtube

Really annoying. :oops: Anyone seeing the same ad?
by softmax
Wed Jul 22, 2020 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: [Getting paid while pursuing a PhD]
Replies: 43
Views: 2210

Re: What surprised you the most once you retired?

.... A professor must teach any students in a class, but a professor doesn't have to supervise a PhD student, if he/she choose not to. Many professors do not have to teach classes. They tend to be profs that bring in a ton of research money and pay one of their research associates to do any classro...
by softmax
Wed Jul 22, 2020 1:27 pm
Forum: Personal Investments
Topic: Not covered under employers retirement plan - options?
Replies: 11
Views: 1136

Re: Not covered under employers retirement plan - options?

I don't think you can contribute to 401k if the school doesn't support it.
by softmax
Tue Jul 21, 2020 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loans vs. IRA
Replies: 10
Views: 612

Re: Student Loans vs. IRA

Since she just graduated, maybe you can cover her emergencies (just in case) for now so that she can focus on paying off the loans? I also think it's possible for her to pay off the loans while maximizing Roth IRA. If that doesn't happen, maybe you can lend $6000 to her and let her pay you back? I w...
by softmax
Tue Jul 21, 2020 6:16 pm
Forum: Personal Investments
Topic: Charles Schwab
Replies: 48
Views: 5078

Re: Charles Schwab

I only hold SCHB at Schwab.

For play money, I tried M1 briefly but didn't like the inflexbility. I'm now back to Robinhood.
by softmax
Tue Jul 21, 2020 5:59 pm
Forum: Personal Investments
Topic: Reblancing with target funds
Replies: 7
Views: 444

Re: Reblancing with target funds

If I understand, you have both Roth and regular 401k funds all invested in very low cost institutional shares of Vanguard's 2045 fund. You also have funds outside of the 401K. There are people who practice tax-loss harvesting with funds outside of their 401k and IRA , and you might want to look int...
by softmax
Tue Jul 21, 2020 5:54 pm
Forum: Personal Investments
Topic: Reblancing with target funds
Replies: 7
Views: 444

Re: Reblancing with target funds

Hi, I do this with target funds in my 401k. If you look at your portfolio as a a whole you can balance by buying an earlier target date fund with more bonds. I bought a target fund that had more bonds - 2030 that has 18% bonds. If my allocation is 90/10 then I would buy a total stock fund in my Rot...
by softmax
Tue Jul 21, 2020 5:30 pm
Forum: Personal Investments
Topic: Reblancing with target funds
Replies: 7
Views: 444

Re: Reblancing with target funds

" I couldn't find the same target fund with low expense ratio " But there are plenty of similar funds with low expense ratio, but not the same expense ratio. What don't you like about Vanguard Target Retirement 2045 with ticker symbol VTIVX ? I didn't go with VTIVX because the expense ratio is high...
by softmax
Tue Jul 21, 2020 4:25 pm
Forum: Personal Investments
Topic: Reblancing with target funds
Replies: 7
Views: 444

Reblancing with target funds

For my 401k accounts (mainly pre-tax and roth in-plan conversion) I've been investing in "Vanguard Target Retirement 2045 Trust Select", which has a reasonable ER of 0.05%, just for simplicity. I couldn't find the same target fund with low expense ratio outside my 401k accounts so I hold individual ...
by softmax
Tue Jul 21, 2020 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much (for our needs)?
Replies: 35
Views: 3991

Re: Are we saving too much (for our needs)?

I think you are doing great, but I wouldn't spend more just to spend more. Where do you want to retire? If it's a HCOL area, 2.6M is not quite enough even by today's standard.
by softmax
Sun Jul 12, 2020 2:09 pm
Forum: Personal Investments
Topic: Funds for Cash Reserve
Replies: 11
Views: 788

Re: Funds for Cash Reserve

I currently have my cash reserve invested in an Ally Savings account. It currently pay 1% annually. I'm looking for a safe investment with a higher return. I'd prefer to stick to Vanguard funds, and the best one I've seen the Short Term Bond Fund (BSV). Does anyone have a better suggestion for a sa...
by softmax
Sat Jul 11, 2020 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Yotta - savings app inspired by UK Premium Bond program
Replies: 2
Views: 335

Re: Yotta - savings app inspired by UK Premium Bond program

I just saw this too. It seems interesting and it’s FDIC insured.

But I don’t feel comfortable putting a lot of money in a new product like this.
by softmax
Thu Jul 02, 2020 11:33 pm
Forum: Investing - Theory, News & General
Topic: Is investment a competition?
Replies: 43
Views: 2424

Re: Is investment a competition?

1789 wrote:
Thu Jul 02, 2020 4:43 pm
Have you read the book “Enough” from Bogle?
Nope and will do. It sounds exactly like the book I need.
by softmax
Thu Jul 02, 2020 11:32 pm
Forum: Investing - Theory, News & General
Topic: Is investment a competition?
Replies: 43
Views: 2424

Re: Is investment a competition?

I'd look at competition at the level of having enought to afford to live where it is safe and (if you have kids of school age) where schools are very good without being house poor (i.e., you can live comfortably and save for retirement). I consider those needs The competition for the best things be...
by softmax
Thu Jul 02, 2020 11:18 pm
Forum: Investing - Theory, News & General
Topic: Is investment a competition?
Replies: 43
Views: 2424

Re: Is investment a competition?

OP, There are so many more variables than who "wins" at investing. Maybe it's time for you to read Jack Bogle's little book, "Enough." I was going to suggest reading the Hare and the Tortoise, but I guess Enough will suffice. :mrgreen: Not sure if the Hare and the Tortoise is the right analogy. The...
by softmax
Thu Jul 02, 2020 11:15 pm
Forum: Investing - Theory, News & General
Topic: Is investment a competition?
Replies: 43
Views: 2424

Re: Is investment a competition?

Huh, my assumption has always been that people choose to sell RSUs and spend them. If they are holding them, that can be a pretty impressive savings rate above and beyond retirement. Many people I know don't necessarily need the RSUs to cover living expenses, so they choose to hold or sell and dive...
by softmax
Thu Jul 02, 2020 11:10 pm
Forum: Investing - Theory, News & General
Topic: Is investment a competition?
Replies: 43
Views: 2424

Re: Is investment a competition?

i think it's savings in general (that can include investments) that should be a competition. Because the way society operates, it's not saving we're competing for, but spending (keeping up with the jones and such). So in a way, I say to myself, if half the country (US) doesn't have $400 in emergenc...
by softmax
Thu Jul 02, 2020 3:25 pm
Forum: Investing - Theory, News & General
Topic: Is investment a competition?
Replies: 43
Views: 2424

Re: Is investment a competition?

Edited: I see you are talking current (and maybe retirement future) I guess it is a competition if you intend to stay in the area/place you currently live no matter what happens and if you are striving to have the same quality of living as those with the highest incomes now (and when you retire). I...
by softmax
Thu Jul 02, 2020 12:57 pm
Forum: Investing - Theory, News & General
Topic: Is investment a competition?
Replies: 43
Views: 2424

Is investment a competition?

Recently I've been thinking about this: It does not matter how well my portfolio/strategy works. What really matters is how well other people (particularly in my local area) do. Because eventually the cost of living and my relative buying power depends on how much the majority makes. I always sell m...
by softmax
Tue Jun 30, 2020 5:30 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3923

Re: My next move: 1 M in gold and 1 M in Zoom

It's your money so nobody has the right to agree or disagree.
Also, we don't know how much 1M means to you. If it's 1M out of 1B, I'd treat the market as Vegas and have fun.
by softmax
Sun Jun 28, 2020 12:55 pm
Forum: Personal Consumer Issues
Topic: [Insurance] storing a car for 0~2 years
Replies: 16
Views: 874

Re: [Insurance] storing a car for 0~2 years

My girlfriend has a...... We are looking to buy a house, but we are not sure when this will happen. She will likely need the car again after we buy the house. There are lots of threads about why you should not buy property with someone you are not married to since it can so easily become a mess. If...
by softmax
Sun Jun 28, 2020 12:48 pm
Forum: Personal Consumer Issues
Topic: [Insurance] storing a car for 0~2 years
Replies: 16
Views: 874

Re: [Insurance] storing a car for 0~2 years

My girlfriend has a 2011 Toyota Camry (~60k miles) which is currently parked at her parents' house. She used to drive it on a daily basis but since we've moved she's been taking the company shuttle every day. She's currently paying $~1000 for insurance which I feel wrong. Originally she wanted to k...
by softmax
Sun Jun 28, 2020 1:08 am
Forum: Personal Consumer Issues
Topic: [Insurance] storing a car for 0~2 years
Replies: 16
Views: 874

Re: [Insurance] storing a car for 0~2 years

If she truly doesn't drive at all, the need for insurance is only dependent on if she still has a loan or lease out on the car. If she has a LEASE she's stuck having "full" coverage (Liability and Physical Damage). If she doesn't drive AND has a LOAN she can get what's referred to as a physical dam...
by softmax
Sat Jun 27, 2020 6:20 pm
Forum: Personal Consumer Issues
Topic: [Insurance] storing a car for 0~2 years
Replies: 16
Views: 874

Re: [Insurance] storing a car for 0~2 years

I too can reduce my coverage from full to comprehensive only with a phone call. Comprehensive only is relatively inexpensive and the car is still covered should it be damaged while parked (i.e. tree falls, house burns, etc.). Along with the reduced insurance get a Battery Tender to maintain the bat...
by softmax
Sat Jun 27, 2020 6:16 pm
Forum: Personal Consumer Issues
Topic: [Insurance] storing a car for 0~2 years
Replies: 16
Views: 874

Re: [Insurance] storing a car for 0~2 years

Look into a storage plan for that car. I used to travel for 5-6 months at a time and would call GEICO to ask for storage plan and they'd ask for the odometer reading. When I came back, I'd take the car off the storage plan and read them the odometer. Another option would be to check the cost for a ...
by softmax
Sat Jun 27, 2020 5:46 pm
Forum: Personal Consumer Issues
Topic: [Insurance] storing a car for 0~2 years
Replies: 16
Views: 874

[Insurance] storing a car for 0~2 years

Hi bogleheads, My girlfriend has a 2011 Toyota Camry (~60k miles) which is currently parked at her parents' house. She used to drive it on a daily basis but since we've moved she's been taking the company shuttle every day. She's currently paying $~1000 for insurance which I feel wrong. Originally s...
by softmax
Thu Jun 25, 2020 2:03 pm
Forum: Personal Investments
Topic: College Student Beginner Portfolio Advice
Replies: 34
Views: 1224

Re: College Student Beginner Portfolio Advice

It scares me when a 20-year-old thinks about retirement... The earlier the better, right? Generally yes, but I don't think preparing for retirement should be a "constraint" in your life. For example, if you strive to max out your Roth IRA contribution, you could be less motivated to invest in yours...
by softmax
Thu Jun 25, 2020 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Apartment Rental Guidance for Son
Replies: 12
Views: 817

Re: Apartment Rental Guidance for Son

Am hoping some of the landlords on this board can give me guidance on helping son rent an apartment. Background: Our young adult son graduated community college this spring (has a disability, but is high functioning). He took a job a little over an hour from where we live. He was very excited to ta...
by softmax
Wed Jun 24, 2020 4:56 pm
Forum: Personal Investments
Topic: College Student Beginner Portfolio Advice
Replies: 34
Views: 1224

Re: College Student Beginner Portfolio Advice

It scares me when a 20-year-old thinks about retirement...
by softmax
Wed Jun 24, 2020 1:24 pm
Forum: Personal Investments
Topic: Better alternatives to VTIP in no income tax states?
Replies: 7
Views: 634

Re: Better alternatives to VTIP in no income tax states?

Good places to park short-term cash include savings accounts, CDs, money markets. Funds (of whatever sort) tend to have fixed durations, which means that as your need/desire to spend the money approaches, you'll increasingly have a longer duration than your spending needs. Could you explain what “f...
by softmax
Wed Jun 24, 2020 1:19 pm
Forum: Personal Investments
Topic: Better alternatives to VTIP in no income tax states?
Replies: 7
Views: 634

Re: Better alternatives to VTIP in no income tax states?

I agree that CDs, etc. are the best choice. I wonder what you read about VTIP and what explanation was given for why you would choose it? It is true that inflation will be compensated, but the current real yield is less than zero so that is a guaranteed expectation that the fund will fall just shor...
by softmax
Wed Jun 24, 2020 2:52 am
Forum: Personal Consumer Issues
Topic: Why fancy fast car?
Replies: 13
Views: 1361

Re: Why fancy fast car?

Personally I find fast cars safer in some situations.

Sometimes I just want to quickly overtake a car which I suspect that the driver behind the wheel is under influence.
by softmax
Tue Jun 23, 2020 10:47 am
Forum: Personal Investments
Topic: Better alternatives to VTIP in no income tax states?
Replies: 7
Views: 634

Re: Better alternatives to VTIP in no income tax states?

Good places to park short-term cash include savings accounts, CDs, money markets. Funds (of whatever sort) tend to have fixed durations, which means that as your need/desire to spend the money approaches, you'll increasingly have a longer duration than your spending needs. Could you explain what “f...
by softmax
Tue Jun 23, 2020 1:47 am
Forum: Personal Investments
Topic: Where to park some Cash for a year or 2
Replies: 11
Views: 1669

Re: Where to park some Cash for a year or 2

If you knew you were going to use it in one or two years, I'd opt for a high yield savings account, or perhaps a money market account. Putting money in stocks or even bonds (intermediate or long term) for funds you need in the near term is generally not a good idea. Personally I'd say the same for ...
by softmax
Tue Jun 23, 2020 1:35 am
Forum: Personal Investments
Topic: Better alternatives to VTIP in no income tax states?
Replies: 7
Views: 634

Better alternatives to VTIP in no income tax states?

Recently I leaned that VTIP is probably a good place to park short-term cash, if I don’t mind a bit risk and just want to beat inflation. Since I’m in Washington where there’s no state income tax, I start to wonder whether there exists more tax-advantaged alternatives to VTIP. (I’m pretty new to inv...
by softmax
Mon Jun 22, 2020 2:04 am
Forum: Personal Finance (Not Investing)
Topic: Buying house - am I ready?
Replies: 14
Views: 1415

Re: Buying house - am I ready?

700k-800k is really cheap in Bay. Which area are you considering and what will you compromise? Since we are working from home these days, we might have forgotten the pain of long commute.
by softmax
Fri Jun 19, 2020 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Rent is increased by 6%, negotiation tips?
Replies: 62
Views: 5878

Re: Rent is increased by 6%, negotiation tips?

Thank you all for the suggestions! I'd like to give an update :) They reviewed my rates and decided to decrease it by $55/mo. It's not a lot (compared to ~$2600 rent) but it's a good $660 for a year. Since I still haven't renewed my lease, they sent a email today saying that they will offer a one-ti...
by softmax
Thu Jun 18, 2020 7:57 pm
Forum: Investing - Theory, News & General
Topic: Google... [Why is Google not appreciating like other tech growth stocks?]
Replies: 54
Views: 4395

Re: Google...

I’m curious what makes you think Google should appreciate much as well. Becasue their core business is similar to the others. Advertising (search), Video (Youtube flavors), "moon shot projects" (Autonomous cars, VR, wearables, etc.), and Cloud. My take on this: Google is great, but it's not much be...
by softmax
Thu Jun 18, 2020 11:01 am
Forum: Investing - Theory, News & General
Topic: Google... [Why is Google not appreciating like other tech growth stocks?]
Replies: 54
Views: 4395

Re: Google...

I’m curious what makes you think Google should appreciate much as well.
by softmax
Sun May 17, 2020 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Rent is increased by 6%, negotiation tips?
Replies: 62
Views: 5878

Re: Rent is increased by 6%, negotiation tips?

without knowing how much 6% represents (which market) this is difficult to answer. (its not in the first post and I have not read 40+ posts to see if it was mentioned later) On $1000 monthly rent, thats $60. Thats not a lot. And, moving s#cks - the cost (rent a truck), the TIME itself....packing/un...
by softmax
Sun May 17, 2020 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Rent is increased by 6%, negotiation tips?
Replies: 62
Views: 5878

Re: Rent is increased by 6%, negotiation tips?

Last time I was offered a 5% increase I sent one email asking what the best they could do was, and they adjusted to 2%. It seemed they built the increase in with room for negotiation, as it almost seemed like an automated response to others who complained as well. The pricing table they sent me say...
by softmax
Sun May 17, 2020 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Rent is increased by 6%, negotiation tips?
Replies: 62
Views: 5878

Re: Rent is increased by 6%, negotiation tips?

JBTX wrote:
Sun May 17, 2020 8:10 pm
There may be other things you can negotiate - first month free, or half off first month, or perhaps have them throw in or discount other amenities.
Thanks! I'm sure they do this because they waived 2 months of parking fees (through some "manual adjustment") for me when I moved in.
by softmax
Sun May 17, 2020 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Rent is increased by 6%, negotiation tips?
Replies: 62
Views: 5878

Re: Rent is increased by 6%, negotiation tips?

Usually the front-office is staffed by lower level employees that have little decision making latitude. They will be very polite but say there is nothing they can do - policy is set by the management company and they don't entertain counter offers. The turnover/vacancy is baked into the plan, and t...
by softmax
Sat May 16, 2020 1:34 am
Forum: Personal Finance (Not Investing)
Topic: Rent is increased by 6%, negotiation tips?
Replies: 62
Views: 5878

Rent is increased by 6%, negotiation tips?

Our lease is ending in July and today the leasing office sent me the proposed renewal rate, which increases the rent by 6%. We could probably find a similar place nearby that is ~$200 cheaper. I'm debating whether it's worth it for a few reasons: - Moving costs. - COVID is still quite active out the...
by softmax
Sun Apr 19, 2020 2:48 pm
Forum: Personal Consumer Issues
Topic: Pixel 3a or Wait for New Iphone?
Replies: 35
Views: 1593

Re: Pixel 3a or Wait for New Iphone?

I am currently using a Samsung Galaxy S6 that can barely go 3 hours without needing to be charged so I think its time for an upgrade. Should I go for the Pixel 3a (price dropped to $300) or wait for the new iPhone SE2 for $399? I have always used Androids before and like the cheaper price of the Pi...
by softmax
Fri Apr 17, 2020 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: $1M home purchase - can we afford it?
Replies: 74
Views: 7022

Re: $1M home purchase - can we afford it?

<r><QUOTE author="KH2020" post_id="5193063" time="1587157774" user_id="158450"><s>[quote=KH2020 post_id=5193063 time=1587157774 user_id=158450]</s> Hi Bogleheads,<br/> <br/> I've been a long term lurker on the site and am grateful for all of the fantastic advice here that allowed me to get an early ...
by softmax
Fri Apr 17, 2020 3:16 am
Forum: Investing - Theory, News & General
Topic: I am feeling forced to buy into this market
Replies: 55
Views: 6213

Re: I am feeling forced to buy into this market

Anyone else feel the same? I have $12,000 sitting in Roth holding fund after conversions/backdoor Roth, was planning to DCA vs Lump Sum given all the turmoil, every day I get further and further behind as market keeps rocketing up despite all the doom and gloom. Already up 7% since the conversion. ...
by softmax
Wed Apr 15, 2020 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Qs - College (scholarship?) income
Replies: 6
Views: 238

Re: Tax Qs - College (scholarship?) income

For future reference of perhaps myself and others, here's IRS reference on FICA withholding for students: https://www.irs.gov/charities-non-profits/student-exception-to-fica-tax Yes, that's exactly the link I was going to send you. Note that they mention "pursuing a course of study", which in most ...
by softmax
Wed Apr 15, 2020 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Tax Qs - College (scholarship?) income
Replies: 6
Views: 238

Re: Tax Qs - College (scholarship?) income

AFAIK scholarship/fellowship comes with form 1042s (correction: not 1042s but probably some other forms. 1042s is for foreign students) instead of W2 so you are right, these are not standard “scholarship”. Income from university during regular *school year* is not subjected to FICA tax. By regular s...