Search found 11 matches

by The_G_Fund
Sun Oct 04, 2020 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: VHCOL area housing decision / lifecycle planning for single professional
Replies: 25
Views: 2991

Re: VHCOL area housing decision / lifecycle planning for single professional

Every time I run the NYTimes rent-vs-buy calculator, ownership comes out ahead. For the characteristics I'm seeking (private garage, yard, no shared walls), ownership comes out ahead. I'd rather pay $4k per month in PITI for a SFH than $3k per month to rent an apartment or condo close to the coast....
by The_G_Fund
Wed Sep 02, 2020 2:32 pm
Forum: Personal Investments
Topic: Should I take short term gains and face the taxes?
Replies: 94
Views: 4730

Re: Should I take short term gains and face the taxes?

You need some luck in investing. The more luck you have, the more gains you make. Perhaps this is where you may need to reevaluate your risk tolerance soon or in the future. Many retirees or soon-to-be retirees cannot rely on luck, or a roll of the stock market dice, to secure their retirement. The...
by The_G_Fund
Wed Sep 02, 2020 2:07 pm
Forum: Personal Investments
Topic: Should I take short term gains and face the taxes?
Replies: 94
Views: 4730

Re: Should I take short term gains and face the taxes?

OP, You got lucky. Not only is the market untethered to the economy, but it is also untethered to any rational logic or notion of skill you may believe you possess to justify shifting to 100% cash in the future based on market conditions. The people who went 100% cash after the Great Recession misse...
by The_G_Fund
Tue Aug 25, 2020 5:58 pm
Forum: Personal Investments
Topic: Advice on Roth Conversions in This Scenario
Replies: 3
Views: 440

Advice on Roth Conversions in This Scenario

Hello everyone,  Longtime lurker here who appreciates all the helpful wisdom and information on this board. We are looking for advice on our situation, as it appears that we will be hitting the Roth IRA income limits, starting in Tax Year 2021 or 2022. Ideally, we would both start doing Backdoor Rot...
by The_G_Fund
Sat Aug 17, 2019 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Rent vs. Buy - Running the numbers, what am I missing?
Replies: 55
Views: 4812

Re: Rent vs. Buy - Running the numbers, what am I missing?

In our case, the appreciation over the 40 years, from $74,000 to $650,000 comes out to be about 5.58% per year, compounded annually. This type of elementary rate of return calculation for real estate ALWAYS fails to account for hidden costs such as closing costs, mortgage interest, property taxes, ...
by The_G_Fund
Sun Feb 10, 2019 2:31 pm
Forum: Personal Investments
Topic: Sell or Rent in Seattle
Replies: 17
Views: 1416

Re: Sell or Rent in Seattle

fortfun wrote: Sun Feb 10, 2019 1:09 pm AirBandB or VRBO allowed?
Yes, it appears that a few other townhouses in the neighborhood are listed on AirBnB too. $165-$180 per night. I've never thought about this option before, how would the long-distance management and financials potentially work?
by The_G_Fund
Sun Feb 10, 2019 12:57 pm
Forum: Personal Investments
Topic: Sell or Rent in Seattle
Replies: 17
Views: 1416

Sell or Rent in Seattle

My wife and I will be relocating from the Seattle area, and we are in the process of deciding whether to sell or rent our townhouse (purchased in 2018). It will probably be at least another 12-13 years before we can settle down somewhere more permanently, but I think there's a 50% chance we will wan...
by The_G_Fund
Sat Feb 09, 2019 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Buying house with son [and his girlfriend]
Replies: 169
Views: 12594

Re: Buying house with son [and his girlfriend]

OP seems to have blinders on with respect to being able to unequivocally "recover" his full investment in the property (which likely forms the bulk of the down payment) if son and gf split up and sell the house. Let's assume $1mil property, half of which is owned by OP, and the other half owned by s...
by The_G_Fund
Thu Nov 05, 2009 5:05 pm
Forum: Personal Investments
Topic: Portfolio Advice Needed for 25 y/o
Replies: 9
Views: 1611

I paid cash for my recent car purchase. I hope it lasts for ten years! Do you guys generally have a separate car fund along with an emergency fund? I would really like to maximize the amount of cash not languishing in a 1-2% savings account, and put it to work in my investment portfolio. Regarding p...
by The_G_Fund
Mon Nov 02, 2009 5:03 pm
Forum: Personal Investments
Topic: Portfolio Advice Needed for 25 y/o
Replies: 9
Views: 1611

Thanks Laura for the reply. I edited the %s so they add up for the entire portfolio, not just each individual account. At this point, I should be starting a full-time job in Dec/Jan with benefits like a 403(b) or 401(k). When that happens, I'll just siphon off those contributions from my income stre...
by The_G_Fund
Mon Nov 02, 2009 3:06 pm
Forum: Personal Investments
Topic: Portfolio Advice Needed for 25 y/o
Replies: 9
Views: 1611

Portfolio Advice Needed for 25 y/o

Hello, I am looking for some advice regarding my portfolio with Vanguard. Right now I have a Roth and a Taxable account open. Age: 25 years old Current Allocation 100% Stocks ROTH: Total Stock Market - 39.5% Total Int'l Stock Index - 39.5% TAXABLE: Total Stock Market - 21% Overall, my current domest...