Search found 740 matches

by cheapskate
Tue Aug 28, 2018 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21640

Re: Decent compensation to move to Bay Area CA?

A) So, there are no top notch people outside of Bay Area? B) In fact, why would any family oriented top-notch people want to work in the Bay Area? It is not a family-friendly environment. KlangFool I am not a Silicon Valley fanboy, in spite of having lived here nearly 30 years, I've seen how people...
by cheapskate
Tue Aug 28, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21640

Re: Decent compensation to move to Bay Area CA?

I have a family of 4 and we live in Charlotte area. I make ~ $140k annually (can sacrifice my work life balance and make ~160k) as an IT guy (I'm a kind of tech lead \ architect). We live in a $320k 2400 sq ft 4bd house and are able to save few buck into taxable account (401k maxing out as well). I...
by cheapskate
Fri Jul 27, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 11171

Re: Facebook stock in freefall! (20% drop in 1-day)

One out of every five humans uses Facebook each day. And most of them are in India. This ! WhatsApp is most popular in India. I, for one, am extremely skeptical that facebook can monetize WhatsApp users in India effectively. I think it is going to be a challenge monetizing WA users elsewhere too. f...
by cheapskate
Fri Jul 27, 2018 3:57 am
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 11171

Re: Facebook stock in freefall! (20% drop in 1-day)

I was under the impression that they didn't meet their quarterly benchmarks? Add that to the recent Facebook scandal and investors start to lose some faith. It's all speculative in the short term though. I can't image Facebook actually going away. What are you gonna replace it with? Myspace? Nothin...
by cheapskate
Fri Jul 27, 2018 3:19 am
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 11171

Re: Facebook stock in freefall! (20% drop in 1-day)

The fact that user engagement has completely stalled in US/Canada and is actually dropping in Europe is a serious concern for the company. The same network effects that propelled engagement (and therefore ad revenue) ever upward could work on the way down too. Anecdotally, among my friends, usage ha...
by cheapskate
Thu Jul 26, 2018 12:13 am
Forum: Investing - Help with Personal Investments
Topic: DFA funds vs. Vanguard
Replies: 2
Views: 453

Re: DFA funds vs. Vanguard

Beware the tax consequences of holding DFA funds in taxable accounts. DFA has a nasty habit of large cap gains distributions. Personal experience from holding DFA Vector funds in taxable over the past decade is negative from a tax point of view. In 2017, if memory serves, DFA Vector distributed betw...
by cheapskate
Mon Jul 02, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Recommend airline luggage fitting in overhead bin?
Replies: 31
Views: 3374

Re: Recommend airline luggage fitting in overhead bin?

I bought this bag from Costco in May, used it on a trip to the UK, we used public transportation, and pulled this bag, along with smaller/larger 4 wheel samsonites (also Costco) on the streets back and forth from Tube stations. Happy to say that the all wheel spinners held up well. I like this Skywa...
by cheapskate
Tue Jun 26, 2018 4:36 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Canadian Universities [Dual US / Canadian citizen]
Replies: 33
Views: 1964

Re: Thoughts on Canadian Universities [Dual US / Canadian citizen]

There are a lot of kids I know in the Bay Area who are at UBC. Reputationally, UBC seems to be in the same league as large US state universities (I know dual-citizen kids who have got into U of California campuses, but have preferred to go to UBC). If your daughter has any interest in Business or co...
by cheapskate
Fri Apr 27, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 181
Views: 24364

Re: Vanguard New Factor Funds Portfolio Statistics

I agree. Reminds me of the Taylor Swedroe Portfolio which I champion. DFA US Vector Equity I DFVEX DFA World ex US Targeted Val Instl DWUSX (22% or so Emerging Markets) And the Intermediate Term Bond Fund(s) of your choice. BND, IEI, MUB, BMBIX, etc. One issue with DFVEX is it's tendency to throw o...
by cheapskate
Sun Apr 15, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: Unimpressive category averages of managed futures, multialternative, market neutral, etc.
Replies: 82
Views: 6307

Re: Unimpressive category averages of managed futures, multialternative, market neutral, etc.

Look at the bright side, these products go down regardless of what the equity and bond market, providing you with a perennial source of Tax Losses to harvest. Trust me, I own some AQMIX/QMHIX (AQR dog poop that I picked up several years ago, before the S&P went up another 50% on me). These have been...
by cheapskate
Tue Mar 20, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 14432

Re: Need advice re: Liberal Arts Colleges...

Hi Cheapskate, Have 2 D myself. Your D sounds like a gem "hardworking etc" You seem to be absolutely convinced that she can't make it into Amherst etc. Has she taken her SATs yet? Maybe she's done the PSAT and she's not ,say,in the top 2% but scores sometime change for the better and there are SAT ...
by cheapskate
Sat Mar 17, 2018 1:18 am
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 14432

Re: Need advice re: Liberal Arts Colleges...

"... U.S. higher education produces far more science and engineering graduates annually than there are S&E job openings—the only disagreement is whether it is 100 percent or 200 percent more." https://www.theatlantic.com/education/archive/2014/03/the-myth-of-the-science-and-engineering-shortage/284...
by cheapskate
Wed Mar 14, 2018 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 14432

Re: Need advice re: Liberal Arts Colleges...

My 2c (based upon nothing more than my own college experience, sending a couple of kids to college, and reading this thread): OP, I expect that your daughter would do better at a college where she wants to be and studying what she wants to do. If I were sure that she was still looking at a number o...
by cheapskate
Wed Mar 14, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 14432

Re: Need advice re: Liberal Arts Colleges...

I know several people who started out at community colleges and ended up at prestigious universities. Why were they there? Money. Not because they had bad grades or were "lost." In my area at least, the CCs are excellent and are packed with kids who are saving themselves and/or their parents many t...
by cheapskate
Tue Mar 13, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 14432

Re: Need advice re: Liberal Arts Colleges...

Thanks for all the thoughtful and useful comments and advice on this thread. After reading many of these comments, I am more encouraged about LACs. As many posters have mentioned, I think my daughter would be quite miserable if I were to force her into a STEM program - she clearly enjoys her English...
by cheapskate
Tue Mar 13, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 14432

Need advice re: Liberal Arts Colleges...

Thought of getting some advice here, in case Bogleheads have kids who have degrees from Liberal Arts Colleges (LACs) in Social Sciences - Political Science/Public Policy/History/Economics. My younger daughter is a Junior in high school who is dead set on a LAC. She is unsure what she wants to do, an...
by cheapskate
Sun Mar 11, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 181
Views: 24364

Re: Vanguard New Factor Funds Portfolio Statistics

In an earlier posting I saw that the value ETF was similar to 50/50 DFA US large cap value/DFA US SCV (DFLVX/DFSVX). The weighted average of that portfolio is 39.5bps. Wishing, but wouldn’t it be great to get something that performs similarly for 13bps all while having the built-in tax efficiency o...
by cheapskate
Sun Mar 11, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 181
Views: 24364

Re: Vanguard New Factor Funds Portfolio Statistics

In an earlier posting I saw that the value ETF was similar to 50/50 DFA US large cap value/DFA US SCV (DFLVX/DFSVX). The weighted average of that portfolio is 39.5bps. Wishing, but wouldn’t it be great to get something that performs similarly for 13bps all while having the built-in tax efficiency o...
by cheapskate
Fri Feb 16, 2018 11:01 am
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 8164

Re: How to get child's skin in the game for college?

For most of us, college is a bridge to a job. She has yet to start college and you have 3+ years of college expenses saved up. Can you tell her she needs to work part time during school (and all summer) during all 4 years of college to support herself during her 4th year of college, and save up that...
by cheapskate
Thu Feb 15, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard US Multifactor Funds Launch
Replies: 30
Views: 5157

Re: Vanguard US Multifactor Funds Launch

I wasn't searching for it, but I just noticed that the Vanguard US Multifactor fund/ETF launched today as did the Value, Momentum, Liquidity, and Quality ETFs. https://advisors.vanguard.com/web/cf/fas-investmentproducts/4421/overview And as long as we are on this topic, here is an interesting artic...
by cheapskate
Wed Feb 14, 2018 2:43 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 119
Views: 12340

Re: Honda vs. Toyota: Which has more bang for the buck?

We used to buy only Hondas (owned Accords, an Odyssey and a CRV). But now we own a RAV4 and a Prius. Love the RAV4, we got the base 2017 model (in December), one of the last 2017 RAV4s in our area, for a great price. Toyota SafetySense is built in - this includes lane departure warning, collision mi...
by cheapskate
Mon Feb 12, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Live / work in California - Technology Career
Replies: 99
Views: 7522

Re: Live / work in California - Technology Career

It's very hard to get a job if you are over 50. If anything, the jobs will be as contractors, with frequent job changes and periods of long unemployment and probably unexpected early retirement. +1 Think about this very carefully. It is very hard to get a job over 45 (let alone 50). (1) There is a ...
by cheapskate
Thu Jan 18, 2018 3:25 pm
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 43
Views: 5631

Re: Nostalgic about old online brokerages that no longer exist

I’m nostalgic about Brown & Co, it was the cheapest comission at the time, $5. I lost track of what happened to it and who acquired it. I did a lot of business there. I might have an account with Waterhouse, but not trading much there. Brown & Co was a good firm, with good customer service. The fir...
by cheapskate
Wed Jan 10, 2018 7:48 pm
Forum: Personal Consumer Issues
Topic: Help choosing a hatchback- civic, golf, prius and Volvo V60
Replies: 40
Views: 2715

Re: Help choosing a hatchback- civic, golf, prius and Volvo V60

Another happy Prius V owner (2014). It has a lot of room, yet it is compact and easy to park. Generally maintenance free, although oil changes are more expensive (~$80 vs $40) you only have to change oil every 5K miles (not 3K). I get solidly over 43mpg and I am not a careful driver (in terms of mpg...
by cheapskate
Thu Dec 21, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 250
Views: 39910

Re: Fidelity free Turbotax

I pointed out that on this forum, plenty of customers have downloaded this for free without being Active Traders and I tried to push, but Fidelity is holding firm. It's bad form to point this out and risk killing it for others. I said "on a investment discussion forum" - didn't mention this board...
by cheapskate
Thu Dec 21, 2017 2:40 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 250
Views: 39910

Re: Fidelity free Turbotax

I have never seen the free TT download offer, in spite of Private Client status for over a decade. I called Fidelity several times, the line now is that the free TT offer is only available for Active Traders. I pointed out that on this forum, plenty of customers have downloaded this for free without...
by cheapskate
Tue Dec 19, 2017 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 250
Views: 39910

Re: Fidelity free Turbotax

Getting different answers from Reps at Fidelity. I called Fidelity again. They now say that only Active Traders get the free download. And Active Trader status is purely based on trades - not on account balance. The rep I spoke with in the afternoon said something different. He said I qualify for th...
by cheapskate
Tue Dec 19, 2017 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 250
Views: 39910

Re: Fidelity free Turbotax

Thanks. I didn't see the download link/message and called Fidelity. They said it may be a timing thing and should show up at some time. In the meantime, the person I spoke to told me I could purchase it and call Fidelity tell them the amount and they'd re-imburse. It is possible they are rolling thi...
by cheapskate
Tue Dec 19, 2017 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 250
Views: 39910

Re: Fidelity free Turbotax

Where (once you login to fidelity) can I find the link to the Turbo Tax download ? When I search for Turbo Tax, I only see the results for $20 off.

I do have Private Client status (if that is needed for this offer). I have never downloaded Turbo Tax from Fidelity before.
by cheapskate
Sat Dec 02, 2017 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: The College Bubble - investment opportunities after the collapse?
Replies: 114
Views: 9454

Re: The College Bubble - investment opportunities after the collapse?

A fairly disturbing (serious, historical) book out right now points out that the great rebalancings of wealth only take place with major violence. French Revolution. World Wars. Revolutions. Etc. (i'd have to look up the author, but he is a historian and the book has been taken seriously). Given th...
by cheapskate
Fri Dec 01, 2017 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: The College Bubble - investment opportunities after the collapse?
Replies: 114
Views: 9454

Re: The College Bubble - investment opportunities after the collapse?

Not sure if there is a investment/money making opportunity here. For-profit higher education does not really solve the problem and has been a total bust. Not clear that 100% online will ever replace a traditional college. To me, community colleges that evolve and award AA degrees that are more align...
by cheapskate
Mon Nov 27, 2017 12:39 pm
Forum: Investing - Theory, News & General
Topic: CNBC says Vanguard says 70% Chance of "Correction"
Replies: 63
Views: 8942

Re: CNBC says Vanguard says 70% Chance of "Correction"

I wIsh Vanguard would just keep the focus on expected 10 year returns for various asset classes instead of trying to handicap the odds of a short term bear market. Others like Research Affiliates seem to do the right thing here with periodic updates to their expected 10 year returns for various asse...
by cheapskate
Wed Nov 15, 2017 12:07 am
Forum: Personal Consumer Issues
Topic: places to live near Stanford University
Replies: 35
Views: 3432

Re: places to live near Stanford University

Heed the excellent advice here that you should rent for a while. Even renting, you will likely have to look further south (and take Caltrain). I would highly recommend the move (even if it is just for a couple of years, as long as you can move back in case you don't like it here). It will be a good ...
by cheapskate
Tue Nov 14, 2017 6:12 pm
Forum: Personal Consumer Issues
Topic: places to live near Stanford University
Replies: 35
Views: 3432

Re: places to live near Stanford University

For a 1 BR condo <= 500K, you will need to look south of Santa Clara, likely San Jose. Driving on I-280 to PA will be terrible but you can take the Caltrain to PA and the Stanford shuttle into campus from the station. You will be bound by Caltrain schedules though (if Caltrain service experiences tr...
by cheapskate
Wed Oct 25, 2017 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 18852

Re: 2018 ACA rates now live....

Northern CA. Looks like PPO plans are completely out of reach for me (family of 5). Blue Shield Platinum is $5300, Gold is $4000, Silver is $3500. Once I quit my job (which I am hoping to do soon), it looks like high deductible Kaiser HMO plan is the only option. I can get that for $1300 with deduct...
by cheapskate
Thu Oct 05, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 18684

Re: Bay Area Real Estate

Long term residents of the bay area (myself included - I've lived here since 1989), suffer from recency bias and confirmation bias. We've also lived in the reality distortion field for too long. First, we have lived through (and profited from) one of the biggest booms this country has seen - we want...
by cheapskate
Tue Oct 03, 2017 12:22 pm
Forum: Personal Consumer Issues
Topic: Should I get a New Macbook Pro?
Replies: 47
Views: 4992

Re: Should I get a New Macbook Pro?

We own both a Chromebook as well as several Macs, including Macbook Airs. Chromebooks are a good option for a lot of everyday tasks, but I vastly prefer the Macbook Air to a Chromebook. It is a fantastic computer. It goes on sale at stores like Best Buy frequently. Earlier this summer I bought a new...
by cheapskate
Fri Sep 29, 2017 10:09 am
Forum: Personal Consumer Issues
Topic: Should I get a New Macbook Pro?
Replies: 47
Views: 4992

Re: Should I get a New Mac or Macbookpro?

First, this computer is very slow now. I get the "spinning wheel" quite often. When I change programs, I often see both programs on the screen at once, as the computer struggles to load the new program. Is there anything I can do to speed it up? Second, although I've had no issues with the hard dri...
by cheapskate
Thu Sep 28, 2017 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 18684

Re: Bay Area Real Estate

There's one thing that I don't understand about the Bay Area... How do people in most professions survive there? Many in tech, real estate, medicine, and maybe one or two other areas do fine, so I understand that part. I don't get the rest of it... The extraordinary thing about the Bay Area is that...
by cheapskate
Tue Sep 26, 2017 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 18684

Re: Bay Area Real Estate

If you are not a "handy" person, then hiring handymen, plumbers and other contractors and service agents to fix, repair and maintain your property (unless you're on a HOA) will cost you a bit. +1 For a single family home, house cleaning services (once a week) will run between $400-$600/month. Garde...
by cheapskate
Sat Sep 09, 2017 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 64283

Re: Equifax customer information leak

Froze credit at Equifax, Innovis and Experian. TransUnion wouldn't let me freeze online or on phone, need to talk to agent Monday. For some reason neither Innovis nor Equifax charged me the $10 (In CA there is a $10 fee). Experian did. Maybe at the first 2 agencies, the freezing is a no-op :) This C...
by cheapskate
Thu Aug 31, 2017 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Citi DoubleCash vs. Paypal (Synchrony)
Replies: 28
Views: 6146

Re: Citi DoubleCash vs. Paypal (Synchrony)

I read on a blog this morning (before applying for the Paypal cashback card) that Synchrony was considering removing the 3% foreign transaction fee later this year. But until they actually do it is all speculation. My plan of action with 2% cards is to get all the cards as they become available. I h...
by cheapskate
Wed Aug 30, 2017 5:13 pm
Forum: Investing - Theory, News & General
Topic: James Altucher's get-rich-quick pitch
Replies: 17
Views: 5243

Re: James Altucher's get-rich-quick pitch

Unless Altucher has some secret sauce that has eluded the stable of snake oil salesmen (also known as stock pickers), he can (at best) track the S&P 500 Put write index (www.cboe.com/PUT). From 1986 (this index'es inception) to today, the S&P500 Put Write Index has tracked the S&P 500 EXACTLY (10.1%...
by cheapskate
Tue Aug 15, 2017 2:20 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 12513

Re: Is $9000 too much for a sectional sofa ?

Just as a datapoint, we got a nice custom sectional (microfiber) 4 years ago (from a local furniture store, the sofa was put together in San Jose, CA), and I think we paid something like $3K. It has held up very well over the past 4 years, under constant use. Something around $3000 is my upper bound...
by cheapskate
Fri Aug 11, 2017 5:47 pm
Forum: Personal Consumer Issues
Topic: Best place (with warm weather) to raise children
Replies: 107
Views: 22421

Re: Best place (with warm weather) to raise children

In addition to Palo Alto. Cupertino/Los Gatos check off all of your boxes. The schools in Mountain View, Sunnyvale have been improving steadily over the years. Los Altos will be as expensive (if not more) than Palo Alto. If you consider the East Bay, things get much more affordable - Mission Fremont...
by cheapskate
Fri Jul 28, 2017 2:23 pm
Forum: Personal Consumer Issues
Topic: Commuters (that drive), what do you listen to?
Replies: 60
Views: 4128

Re: Commuters (that drive), what do you listen to?

Late Friday night, had a following driver pass and swerve in front of me immediately after the on ramp to get onto a 4-lane divided road---was still in the merge lane. With no oncoming traffic, caught him in my peripheral vision and instinctively slowed down so avoided being too close when he swerv...
by cheapskate
Thu Jul 27, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Another bay area housing thread..
Replies: 143
Views: 16952

Re: Another bay area housing thread..

Pet re-locators packed up my cats on Monday of this week, movers packed up my house yesterday, and me, the dog, and the wife are on the road driving to the new job in Seattle. Bought my house in 2010 for a hair over $700k. It should go on the market next week. We'll see how we do. Oh, we have to st...
by cheapskate
Tue Jul 25, 2017 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Another bay area housing thread..
Replies: 143
Views: 16952

Re: Another bay area housing thread..

To get back to the OPs situation. How much of your RSUs are currently vested ? One way to play this is to put all of your savings (400K) + all your vested RSUs in as a downpayment. If you can put in something like 700K-800K down towards the house, and then pledge that you will sell all your RSUs goi...
by cheapskate
Mon Jul 24, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Another bay area housing thread..
Replies: 143
Views: 16952

Re: Another bay area housing thread..

If you're OK with buying into a market at all-time high prices at the limit of your affordability, then go for it. Otherwise, continue to rent, save aggressively, and wait for the next crash. That's what I did in the mid-late 2000s (bought in 2012), no regrets. +1 We bought our first home when I wa...
by cheapskate
Sun Jul 23, 2017 10:43 am
Forum: Personal Consumer Issues
Topic: Commuters (that drive), what do you listen to?
Replies: 60
Views: 4128

Re: Commuters (that drive), what do you listen to?

Bloomberg Surveillance Marketplace (Kai Ryssdal) Make me smart - Kai Ryssdal and Molly Wood Marketplace Morning Report (David Brancaccio) Boomberg Benchmark FT news I am never bored or frustrated stuck in traffic with these on. I am better informed and entertained. Tom Keene and Kai Ryssdal are alwa...