Search found 51 matches

by Callisto
Sat Nov 28, 2020 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Net Worth, high home equity, SWR and investment risk tolerance in retirement - how do others approach this?
Replies: 20
Views: 1685

Re: Net Worth, high home equity, SWR and investment risk tolerance in retirement - how do others approach this?

I plan to ignore it as part of the SWR figure, I think most people do because selling your house in an emergency is very different from drawing down investments in the market. But you mentioned something else that was interesting, to me personally. I would be very cautious if one of your primary goa...
by Callisto
Sat Nov 28, 2020 2:03 pm
Forum: Personal Consumer Issues
Topic: Buy apple care for a 13” macbook pro?
Replies: 26
Views: 1158

Re: Buy apple care for a 13” macbook pro?

I would buy it if you care about the data stored on it, and don't always back things up. Unlike other vendors, Apple uses proprietary software and hardware for their disk encryption. Third parties generally can't recover the data, unless the device has failed in specific(lucky) ways. If your device ...
by Callisto
Fri Nov 27, 2020 7:24 pm
Forum: Personal Consumer Issues
Topic: Switch from dual monitors to one big one?
Replies: 27
Views: 1766

Re: Switch from dual monitors to one big one?

I think LG is also a good choice to consider. They are generally priced fairly competitively, as they also manufacture the actual panels. Their Thunderbolt implementation is great, you'll get power, display, and USB over a single cable input into your Mac.
by Callisto
Thu Nov 26, 2020 8:02 pm
Forum: Personal Consumer Issues
Topic: Gaming PC Build: Newbie questions and feedback!
Replies: 60
Views: 3611

Re: Gaming PC Build: Newbie questions and feedback!

If you don't want to wait for 3000 series to get back in stock, and are open to Ebay, 1080ti's are selling for around 400, sometimes even lower. It's got better or at least comparable performance to the 5700XT and 2070.
by Callisto
Wed Nov 25, 2020 10:18 am
Forum: Personal Consumer Issues
Topic: What Outlets in preparation for electric cars?
Replies: 25
Views: 1997

Re: What Outlets in preparation for electric cars?

Since you don't have specific cars in mind, plus the 5 year out thing, I think you can take a look at the Tesla charging rate guidelines to get a ballpark of how many miles you'd be adding into your car. Lots of people have already suggested NEMA 14-50, because its popular and will be compatible ei...
by Callisto
Wed Nov 25, 2020 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Nov 2020 Best overall no fee cash back credit card?
Replies: 18
Views: 1794

Re: Nov 2020 Best overall no fee cash back credit card?

I like the BofA card because the Online category can often times be used for buying gift cards online. The only purchases that I don't get the biggest bonus on are small things that I don't care about, where the 1.75% is close enough to the 2% cards.
by Callisto
Tue Nov 24, 2020 9:17 pm
Forum: Personal Consumer Issues
Topic: What Outlets in preparation for electric cars?
Replies: 25
Views: 1997

Re: What Outlets in preparation for electric cars?

Since you don't have specific cars in mind, plus the 5 year out thing, I think you can take a look at the Tesla charging rate guidelines to get a ballpark of how many miles you'd be adding into your car. Lots of people have already suggested NEMA 14-50, because its popular and will be compatible eit...
by Callisto
Thu Nov 12, 2020 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: [Re-negotiate Salary - Help Please]
Replies: 5
Views: 919

Re: [Re-negotiate Salary - Help Please]

I am not in your field, so perhaps my opinion is entirely irrelevant. But this kind of stuff happens very often for SWEs, due to how much domain knowledge certain people have. I have seen it go well, and other times when it doesn't go as well. You will be in a good negotiating position. If you use y...
by Callisto
Fri Nov 06, 2020 10:43 am
Forum: Personal Consumer Issues
Topic: How to deal with an irregular $10 bill?
Replies: 51
Views: 3559

Re: How to deal with an irregular $10 bill?

I receive rent payments, sometimes in cash, and have dealt with a lot of counterfeit 100s. Every time I've taken it to the police station, handed it over, and upon a quick check that it is indeed counterfeit, walked out without any issue. Never been asked questions, and I'm in a very safe jurisdicti...
by Callisto
Tue Nov 03, 2020 1:36 pm
Forum: Investing - Theory, News & General
Topic: Investing for retirement. What is this study missing?
Replies: 31
Views: 2692

Re: Investing for retirement. What is this study missing?

This reminds me of a similar article on ERN: https://earlyretirementnow.com/2019/06/26/does-a-4-percent-withdrawal-rate-survive-a-60-year-retirement/ Personally, I don't see myself gradually gliding towards bonds. I would probably change my AA once I've reached a numeric amount, and stage in life, w...
by Callisto
Wed Oct 28, 2020 9:34 am
Forum: Personal Consumer Issues
Topic: Desktop Update
Replies: 22
Views: 1744

Re: Desktop Update

The spec sheet lists 2 of 2 m.2 slots occupied, and 2 of 2, 3.5" bays available. That would suggest that the motherboard has available SATA connectors, and the power supply has available SATA power plugs, which will easily allow you to install two SATA devices. Note that 3.5" references HD...
by Callisto
Wed Oct 21, 2020 3:48 pm
Forum: Personal Investments
Topic: Employer Cash Deferral Program (2.9% rate): Use in lieu of bonds? How would you think about it?
Replies: 22
Views: 1216

Re: Employer Cash Deferral Program (2.9% rate): Use in lieu of bonds? How would you think about it?

I wouldn't go for this, because I'd feel you'd be too reliant on your employer. Keep in mind, if your employer goes bankrupt, this money isn't your only problem. You would be out of a job, and any sort of severance is probably gone, diminished, or inaccessible for a long time.
by Callisto
Sat Oct 17, 2020 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2031
Views: 491113

Re: Share your net worth progression

Really cool seeing the success people have achieved over time. I am still early in my career, and while I don't ever see myself in the 8 figures club, it seems 7 figures is just a matter of time. Perhaps in a few years my progression will start to look like some of the more outstanding earners/inves...
by Callisto
Tue Oct 13, 2020 6:14 pm
Forum: Personal Consumer Issues
Topic: Tesla Phantom braking
Replies: 28
Views: 2409

Re: Tesla Phantom braking

What's always been odd to me is that I'm in Boston, so the street design is ridiculous and you have every type of overpass at every different angle, but I haven't had many incidents of phantom breaking. My tesla just tries to suicide me at left highway exits. I have no idea if it helps (and it proba...
by Callisto
Mon Oct 12, 2020 9:09 pm
Forum: Personal Consumer Issues
Topic: Bathroom Remodel without Permit?
Replies: 40
Views: 3707

Re: Bathroom Remodel without Permit?

The risk of not getting a permit is that if someone who doesn't like you finds out and notifies the city, the city may send an inspector. At that point, you'll be liable for fines and you'll even have to remove the bathroom. Getting the permit may also be complicated. Depending on where you are, som...
by Callisto
Fri Oct 09, 2020 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Software developer about to seek new opportunities -- discuss salary up front?
Replies: 223
Views: 14225

Re: Software developer about to seek new opportunities -- discuss salary up front?

I'm still early in my SWE career, so maybe it is different for you. But I have found every company which isn't going to lowball you is going to ask anyways, and that phrasing matters a lot. I usually go with something like "Given my current compensation and the salary ranges of the the opportun...
by Callisto
Wed Oct 07, 2020 1:47 pm
Forum: Personal Consumer Issues
Topic: Tesla maintenance cost?
Replies: 167
Views: 10204

Re: Tesla maintenance cost?

For me, and I think a lot of Tesla owners, its not just about buying a car, but the technology. Regardless of what is said about the car itself, which I would say is of lesser quality than a comparable priced car from another brand. Tesla does itself a great disservice by (mis)naming things Full Sel...
by Callisto
Mon Oct 05, 2020 2:28 pm
Forum: Personal Consumer Issues
Topic: Tesla maintenance cost?
Replies: 167
Views: 10204

Re: Tesla maintenance cost?

I'm at virtually zero, in just over 2 years. Of interest to you, is a Model X that was used as a taxi: https://electrek.co/2020/05/11/tesla-mo ... intenance/
by Callisto
Tue Sep 29, 2020 10:23 am
Forum: Personal Investments
Topic: Contribute to HSA and invest - but with high fees?
Replies: 13
Views: 635

Re: Contribute to HSA and invest - but with high fees?

I would definitely do it, because the growth is tax free. Over a long period of time, that advantage is going to far outweigh the monthly fee, not to mention, as you said, the fee is a fixed amount which matters less the higher your account balance grows.
by Callisto
Mon Sep 28, 2020 7:48 pm
Forum: Investing - Theory, News & General
Topic: Commercial Real Estate Vacancy
Replies: 7
Views: 686

Re: Commercial Real Estate Vacancy

I only do residential, but from what I understand from friends that do commercial, it ends up being worth waiting for a tenant if you have a very desirable space. If you have the most (or highly) desirable space in an area, the right tenant will pay you far greater than market, and stay for a long t...
by Callisto
Sun Sep 27, 2020 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Investing and Saving Considerations for Single Guy
Replies: 51
Views: 4102

Re: Investing and Saving Considerations for Single Guy

I take higher risk using leverage (SSO taxable, Hedgefundie tax-advantaged), but I think a better rationale is that you are not putting anyone else's future at risk. End of the day, you will reap the benefits or suffer the consequences, not anyone else. Its the same outcome as being able to afford t...
by Callisto
Sat Sep 26, 2020 4:32 pm
Forum: Personal Investments
Topic: Does Fidelity have a performance view?
Replies: 68
Views: 10600

Re: Does Fidelity have a performance view?

Wow, never knew this was exclusive to premium. Fwiw for people with families, you may be eligible for premium if the "whole family" has 250k. I've had premium since day 0 this way. I (also) suspect that this is due to the amount of backend computation that's required to generate this data....
by Callisto
Sat Sep 26, 2020 4:06 pm
Forum: Personal Consumer Issues
Topic: Talk me into buying a Tesla Model Y
Replies: 86
Views: 7391

Re: Talk me into buying a Tesla Model Y

I think its suitable given you've identified that you are more interested in the tech verses the car. That's generally the only situation where I'd recommend one. I'm two years into my 3, and compared to BMWs of the same price range, you are getting serious concessions in terms of build quality. The...
by Callisto
Tue Sep 22, 2020 7:17 pm
Forum: Personal Consumer Issues
Topic: Computer Monitor, what to get? (So many options)
Replies: 24
Views: 1447

Re: Computer Monitor, what to get? (So many options)

I'm happy with my LG monitor. I have their 34' 5k2k ultrawide, and their thunderbolt implementation seems very solid, for all the different laptops with TB3, including Macbooks that I've used. One cable does the display at native resolution and refresh rate, usb connectivity, and power. LG makes the...
by Callisto
Mon Sep 21, 2020 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: 2 passports- traveling between US and Canada help
Replies: 17
Views: 1328

Re: 2 passports- traveling between US and Canada help

The US requires that you show your US passport for entry and exit.

But every time I've crossed into Canada, they did not care to look at my US passport.
by Callisto
Sat Sep 19, 2020 2:54 pm
Forum: Personal Consumer Issues
Topic: Retiring to Canada
Replies: 54
Views: 4450

Re: Retiring to Canada

It's my backup, though I have the advantage of already having citizenship. First step would be to ensure you can get citizenship, otherwise you aren't going to be eligible for benefits. The healthcare system is in a state where if you *really* need care, you'll get it. The problem is if you aren't i...
by Callisto
Fri Sep 11, 2020 8:52 pm
Forum: Non-US Investing
Topic: Moving from US to Canada [permanently] [India ex-pat in US]
Replies: 17
Views: 2409

Re: Moving from US to Canada [permanently]

I have dual citizenship, and while I was earning income in Canada, I ended up keeping most of my assets, and all invested assets, in the US. If you don't have US citizenship, or you are willing to give up your US citizenship, your tax situation would be much different. Generally, in this kind of sit...
by Callisto
Thu Sep 10, 2020 7:05 pm
Forum: Personal Consumer Issues
Topic: Solar in CT - Worth it?
Replies: 10
Views: 827

Re: Solar in CT - Worth it?

You can check project sunroof , if you have not already, to get an estimate based on your roof. I'm in MA and ultimately decided against solar. A huge problem is, while solar panels cost basically the same no matter where you buy them, the northeast is pretty bad due to weather conditions. We don't ...
by Callisto
Thu Sep 10, 2020 8:42 am
Forum: Personal Consumer Issues
Topic: Amazon vs. eBay comparison
Replies: 20
Views: 907

Re: Amazon vs. eBay comparison

I've been using Ebay more, because it seems like there are a lot of sellers that just resell things that they can acquire due to special discounts. For example, I buy cleaning supplies, and most of the time it comes shipped directly from some bulk vendor, where I assume the Ebay seller had a corpora...
by Callisto
Wed Sep 09, 2020 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Check my thinking on investing in our home
Replies: 15
Views: 1398

Re: Check my thinking on investing in our home

I think it makes sense to consider how much your house goes up with or without these improvements. For example, if you think your house is going to go up 250k in 5-10 years with no additional improvements, that situation would be entirely different from thinking your house will go up 250k in 5-10 ye...
by Callisto
Wed Sep 09, 2020 9:42 am
Forum: Investing - Theory, News & General
Topic: Merrill Edge vs Vanguard - aka what do I actually get from Vanguard?
Replies: 13
Views: 1725

Re: Merrill Edge vs Vanguard - aka what do I actually get from Vanguard?

You should probably check what the rate is. From my interactions with them, it seems to vary significantly, based on how much you have with them. I only moved enough to qualify for transfer bonus / credit card bonus, and have this feature enabled. However, when I called in to check the rate, it seem...
by Callisto
Wed Sep 02, 2020 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Rental property owners: Anyone affected by government rent "holiday" laws?
Replies: 5
Views: 934

Re: Rental property owners: Anyone affected by government rent "holiday" laws?

Not yet... but I've screened my tenants carefully. Now might not be the best time to jump into the business, because I think the current situation, and the near future, is super risky, and not worth the risk. Given how irresponsible people are with money, I can't begin to imagine what's going to hap...
by Callisto
Wed Sep 02, 2020 8:39 am
Forum: Personal Consumer Issues
Topic: Tesla Full Self Driving Option
Replies: 131
Views: 10353

Re: Tesla Full Self Driving Option

When I bought mine, they had split it out by EAP(5k? iirc) and FSD (1k). EAP is basically all the actual "real" features, while FSD is promise for the future software and hardware. Since then, as you've seen, they've rolled everything into one package. So if you want any of the current fea...
by Callisto
Sat Aug 29, 2020 9:03 pm
Forum: Personal Consumer Issues
Topic: First time considering AirBnB or VRBO
Replies: 23
Views: 1709

Re: First time considering AirBnB or VRBO

I think airbnb is great for the customer, and I'm saying that from the perspective of a host. Familiarize yourself with the costs of comparable hotels in the area. Airbnb is no longer what is used to be, where you can get 5 star hotel quality at a tiny fraction of the price. You'll get a discount, b...
by Callisto
Fri Aug 28, 2020 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Merrill Edge bonus?
Replies: 30
Views: 2474

Re: Merrill Edge bonus?

Do I qualify if i need to transfer my roll over ira from fidelity to BOA Merrill ? Also, do i need to maintain the cost basis since its rollover ira ? core4portfolio - as SlowMovingInvestor indicated, IRAs do qualify. But I'm curious why you said "if i need to transfer" -- what did you me...
by Callisto
Fri Aug 28, 2020 11:54 am
Forum: Personal Consumer Issues
Topic: Buying router from other than internet provider
Replies: 25
Views: 2048

Re: Buying router from other than internet provider

If security is your main concern, then you shouldn't buy refurb. There's no realistic way you're going to be able to know if the hardware has been tampered with. If the hardware has been tampered with, a factory reset, or any software based solution is not going to protect you. That being said, its ...
by Callisto
Thu Aug 27, 2020 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 688
Views: 162377

Re: Bank of America/Merrill Edge - Preferred Rewards

In case anyone is considering this, there's a better code than the 900 referenced above. The best code I found was 1000ME, which is 1k for 200k and 500 for 100k, held for 6 months. It seems like they actively advertise the 600 offer, where you only need to keep funds in for three months. Unfortunate...
by Callisto
Tue Aug 25, 2020 3:14 pm
Forum: Investing - Theory, News & General
Topic: A Beater Truck and a FAT 401k...
Replies: 104
Views: 10461

Re: A Beater Truck and a FAT 401k...

Agree with the sentiment, but I worry if people sometimes take the whole junker thing too far. I picked up my dream car and got hit by a reckless driver literally a week into it. Was kicking myself, wishing I had kept my 20 yr old Corolla, right up until I got a phone call to come back to the hospit...
by Callisto
Tue Aug 25, 2020 10:21 am
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate for someone retiring at 35? Would real estate help or hurt?
Replies: 59
Views: 7521

Re: Safe withdrawal rate for someone retiring at 35? Would real estate help or hurt?

I'm planning on going down this road when I retire around that age. But I think it depends a lot on your area, and the house you buy specifically. Because the RE market is not as efficient as stocks, you run have the opportunity of picking up a really good deal, but also getting really screwed, whic...
by Callisto
Wed Aug 19, 2020 5:19 pm
Forum: Personal Investments
Topic: Over-allocated (70%) to well performing company stock
Replies: 33
Views: 1813

Re: Over-allocated (70%) to well performing company stock

I think it depends on if you think your LTCG rate will decrease in the coming years. If you don't, then you should sell a large percentage (or all of it), since, like others have said, unless you have information that leads you to believe the stock will over-perform in the future, you'd just be gamb...
by Callisto
Sun Jul 26, 2020 7:40 pm
Forum: Personal Investments
Topic: IRA for 6 Months, 401k for 6 Months
Replies: 10
Views: 1151

Re: IRA for 6 Months, 401k for 6 Months

You can contribute up to 6k into the Traditional IRA assuming you meet the standard Trad IRA requirements. HOWEVER, If your MAGI is above 75k, you can't deduct the Trad IRA contributions. You also cannot deduct the contributions if you deduct >= 6k in your pretax 401k. If you cannot deduct due to th...
by Callisto
Tue Jul 21, 2020 4:15 pm
Forum: Personal Investments
Topic: Roth to Traditional IRA conversion question
Replies: 5
Views: 444

Re: Roth to Traditional IRA conversion question

Even if you can't contribute to a Roth IRA, you can still open an account at a new brokerage and rollover your old Roth IRA. The rules for contributions and rollovers are completely different.
by Callisto
Sat Jul 18, 2020 8:41 pm
Forum: Personal Consumer Issues
Topic: For 60k, a X5 or Tesla model Y?
Replies: 63
Views: 6609

Re: For 60k, a X5 or Tesla model Y?

I guess it might be impossible now, but I highly suggest test driving a Tesla if possible. They'll absolutely let you try out the self driving features. After a bit over 1.5 years I wouldn't trade my Model 3 for any non-Tesla, at least unless a competitor comes out with a better self driving solutio...
by Callisto
Fri Jul 17, 2020 3:13 pm
Forum: Investing - Theory, News & General
Topic: Often overlooked aspect of backtesting: contributions
Replies: 11
Views: 841

Re: Often overlooked aspect of backtesting: contributions

I think this concept got really interesting for me when I was first looking at the effects of leverage (within 1-2x). Simming out starting with a large sum right/soon before a crash sucks, as expected. But things can really flip if you start adding in contributions. The effect is, also as expected, ...
by Callisto
Wed Jul 15, 2020 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Tesla Model 3/Tesla financial performance
Replies: 58
Views: 3775

Re: Tesla Model 3/Tesla financial performance

For long drives, I think its worthwhile to mention the autopilot software. At least for me, it reduces driver fatigue significantly, because on highways it can handle nearly all of the driving reliably on highways. Its hard to quantify as a benefit, because I don't think its something you can really...
by Callisto
Sun Jul 05, 2020 7:11 pm
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Leveraging when young
Replies: 1102
Views: 112652

Re: Lifecycle Investing - Leveraging when young

I guess for me it comes down to my previous point, where I'm just afraid of employing the strategy across my entire portfolio. I also think that the strategy described in this thread is fundamentally different from Hedgefundie's, even though I'm using LETFs for both. That makes sense -- not putting...
by Callisto
Sun Jul 05, 2020 10:21 am
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Leveraging when young
Replies: 1102
Views: 112652

Re: Lifecycle Investing - Leveraging when young

Hi Callisto, It sounds like we are following a similar approach. I have most of my long-term savings at 50/50 UPRO/TMF (now also some TQQQ because of TLH, see below). Currently I have about 400k in that allocation, and another 100k in various other index funds (for example, in my 401k where I can't...
by Callisto
Fri Jun 19, 2020 8:53 pm
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Leveraging when young
Replies: 1102
Views: 112652

Re: Lifecycle Investing - Leveraging when young

I read the discussion related to LETFs vs options and futures ~5 pages back. I don't know if I missed it somewhere in the earlier pages, or if I have fundamental misunderstandings, but I'm wondering if LETFs could situationally be the most tax efficient, given you could sell and realize the LTCG sig...
by Callisto
Sun Jun 07, 2020 4:45 pm
Forum: Investing - Theory, News & General
Topic: Is it really correct when people say they are leveraging SPECIFIC holdings/assets? Or is it mental accounting?
Replies: 10
Views: 677

Re: Is it really correct when people say they are leveraging SPECIFIC holdings/assets? Or is it mental accounting?

It seems to me that when people say the specific holdings leveraged, its usually to give more context on the cost of leverage if its not all equal. For example, if you wanted to discuss a leveraged strategy using LETFs, you'd probably want to specify the exact portfolio to calculate total cost.