Search found 102 matches

by ausmatt
Tue Jul 23, 2019 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Best Mortgage for High Net Worth? 20% down then HELOC the 80% balance?
Replies: 17
Views: 1406

Re: Best Mortgage for High Net Worth? 20% down then HELOC the 80% balance?

If you are wealthy, my idea would be to get an interest only arm and pay least amount possible. Then you could transfer assets to interactive brokers and use their dirt cheap margin for cash. Why pay higher interest rates and principle. This is only if you have the dough to pay off the mortgage if ...
by ausmatt
Wed Jul 17, 2019 7:38 pm
Forum: Personal Investments
Topic: Ferri? Or Vanguard PAS?
Replies: 64
Views: 5460

Re: Ferri? Or Vanguard PAS?

I recently did an hour with Rick for a sanity check on my plan and to help me optimize my portfolio. I thought it was excellent and I like that I can email him anytime and he will only bill for the actual time used.
by ausmatt
Wed Jul 17, 2019 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Have $3m at 33, "approach to career" advice needed
Replies: 145
Views: 30409

Re: Have $3m at 33, "approach to career" advice needed

You may want to cross-post this on the FatFIRE subreddit as well. You may find some different answers there that balance what you see on bogleheads (or so I’ve found).
by ausmatt
Mon Jul 15, 2019 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Referral for Financial Planner
Replies: 17
Views: 1378

Re: Referral for Financial Planner

I recently used Rick Ferri’s new fee only advisor service and thought he did a great job. He’s a contributor to bogleheads and has written a few related books as well.
by ausmatt
Tue Jul 02, 2019 8:15 pm
Forum: Investing - Theory, News & General
Topic: What happens to unvested RSU's if company is acquired?
Replies: 7
Views: 920

Re: What happens to unvested RSU's if company is acquired?

It would be helpful to know your industry, but here’s what could happen (and most likely your stock plan says that the board can do whatever unless you’ve negotiated your own contract which you haven’t): 1) convert to unvested stock of the acquirer with the same vesting schedule // convert to guaran...
by ausmatt
Sun Jun 30, 2019 7:06 am
Forum: Investing - Theory, News & General
Topic: How do I feed the 30-day SEC yield into a spreadsheet?
Replies: 7
Views: 1228

Re: How do I feed the 30-day SEC yield into a spreadsheet?

Try this: =IMPORTXML("http://quotes.morningstar.com/fund/c-header?t="&B7&"%2c","//span[@vkey='Yield']") where the B7 cell contains the fund symbol (e.g. VBMFX) This is amazing ... I've been looking for something to augment googlefinance functions for awhile now! For others, if you want just the TTM...
by ausmatt
Sat Jun 08, 2019 5:18 pm
Forum: Personal Investments
Topic: How to find a reputable, fee-only advisor?
Replies: 14
Views: 1462

Re: How to find a reputable, fee-only advisor?

Why not use Rick Ferri? I did a session with him recently and found tremendous value.
by ausmatt
Thu Jun 06, 2019 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Highly appreciated whiskies
Replies: 34
Views: 3553

Re: Highly appreciated whiskies

I’m not in the category of whom you requested to respond, but if you like them more than you could acquire a reasonable (to you) priced whiskey, then drink then and enjoy them.

If they are not that important to you, then sell them. Life’s too short to drink cheap spirits.
by ausmatt
Wed Jun 05, 2019 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: windfall. do I need to pay estimated tax this year
Replies: 17
Views: 2060

Re: windfall. do I need to pay estimated tax this year

Check the safe harbor rules for your state income tax as well, and if the startup is in another state, find out whether that state will tax it and whether you have to pay estimated tax there. (If both states tax the same income, you can usually take a credit to avoid paying double tax.) You will ma...
by ausmatt
Tue Jun 04, 2019 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 39204

Re: For those who earn $500k+ per year. How'd you do that?

The most interesting part of this thread to me is two of the most common highly paid categories seem unsustainable - there's probably a lesson or take-away in there for aspiring >$500K earners. 1) Tech industry. Compensation in this range is heavily tilted to fast growing, semi-monopolies that have...
by ausmatt
Fri May 31, 2019 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 39204

Re: For those who earn $500k+ per year. How'd you do that?

Engineering undergrad. MBA a few years later. Always been in tech. Made the move to the sales side several years ago. Steady progress to $300-400k target earnings. Build up RSU vests at larger tech company ($100k per year). Got external offer, resulted in another $100k per year in retention RSUs. (A...
by ausmatt
Thu May 23, 2019 5:41 am
Forum: Personal Consumer Issues
Topic: Is Tesla Going To Survive?
Replies: 99
Views: 7051

Re: Is Tesla Going To Survive?

The one interesting concept that came out of JP Morgan’s “leaked” private institutional call on TSLA was the idea that Misk could personally recapitalize Tesla with his >50% Equity in SpaceX. So while Tesla has pretty much squeezed the juice completely out of debt market options, there are still a l...
by ausmatt
Thu May 23, 2019 5:33 am
Forum: Personal Investments
Topic: Price Improvement at Fidelity vs Vanguard vs Etrade
Replies: 11
Views: 799

Re: Price Improvement at Fidelity vs Vanguard vs Etrade

Fidelity and Etrade will be similar. I have experience with both. Very good fills and good price improvement. Brokerages have to publish their best fill ratios with the SEC (I forget the term and filing name). But you’ll find E*trade and fidelity are similar. If you plan on TLH and getting right bac...
by ausmatt
Sat Apr 27, 2019 2:39 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1828
Views: 295516

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Have any folks had experience with Chase Private Client and JP Morgan Securities? They have a $1250 cash promotion going for $250k in assets for only 90 days, so I've been highly considering it. https://www.doctorofcredit.com/chase-1250-bonus-for-upgrading-to-chase-private-client I was initially lo...
by ausmatt
Sat Apr 06, 2019 3:28 pm
Forum: Personal Investments
Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
Replies: 123
Views: 11437

Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?

With my personal investment account, I’ll take the following positions depending on certain equity prices and volatility: - Deep in the money TSLA call spreads when there is a significant vol event with the underlying. Tends to return 15-20% over 1-2 months (occasionally do longer dates options) - S...
by ausmatt
Mon Mar 25, 2019 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple accounts for large portfolios
Replies: 11
Views: 885

Re: Multiple accounts for large portfolios

What I've found is that you are sometimes forced to hold across several brokerages or financial institutions. For example, you may have a deferred compensation plan that is held at one institution, a 401k held at another institution, a stock purchase plan held at yet another institution, a taxable b...
by ausmatt
Wed Feb 27, 2019 10:19 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 262598

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

I think Ray Dalio has outlined the nightmare scenario for this type of portfolio as his biggest concern for the near future. The story goes: Federal debt is ballooning with no end in sight Demand for treasuries doesn't expand nearly as fast as supply, driving up interest rates This spike in interes...
by ausmatt
Thu Dec 27, 2018 11:21 am
Forum: Personal Investments
Topic: What are some disadvantages to TLH?
Replies: 51
Views: 2849

Re: What are some disadvantages to TLH?

Qualified dividend treatment, transaction (brokerage) fees, ability to match the same asset class and characteristics (expense ratio, underlying stocks, etc).
by ausmatt
Sat Dec 01, 2018 8:40 am
Forum: Investing - Theory, News & General
Topic: Why did the bond market lose money this year
Replies: 39
Views: 3752

Re: Why did the bond market lose money this year

I admit to being very confused on how bond funds lose money as well. However, how do you know interest rates will only continue to rise? Duration is the simple and complex answer to your question. If you invest in a single bond issuance and hold until maturity you won’t lose money, assuming the bon...
by ausmatt
Thu Nov 22, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: CFP, Money Coach, CPA, Tax attorney, or someone else?
Replies: 6
Views: 801

Re: CFP, Money Coach, CPA, Tax attorney, or someone else?

Bogleheads except for the most difficult situations given specific facts and circumstance It is free and often better than many professionals. Not one person will know all areas, but several will know the answer to specific areas. I was worried you were going to say that. In my previous quest for a...
by ausmatt
Thu Nov 22, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: CFP, Money Coach, CPA, Tax attorney, or someone else?
Replies: 6
Views: 801

CFP, Money Coach, CPA, Tax attorney, or someone else?

Do you use anyone to help for tax planning and optimization? I’m beginning to think I might need some professional guidance for a variety of items below. But some quick background for reference: employed, married, kids, 7 figures saved, mid 100ks salary, already tax optimized as much as I can across...
by ausmatt
Tue Oct 30, 2018 7:34 am
Forum: Investing - Theory, News & General
Topic: Company being acquired what to do with stock?
Replies: 15
Views: 1551

Re: Company being acquired what to do with stock?

Cancel your open orders and sit on your shares. You are doing this post public announce of the deal. You are clearly not in the restricted trading category of employee so you don’t have to worry about anything. When the deal gets through antitrust approval and closer to legal close the shares will e...
by ausmatt
Tue Oct 23, 2018 8:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11766
Views: 2018603

Re: U.S. stocks in freefall

With Vanguard now having free ETF trading, I just tax loss harvested from VTI to ITOT. Maybe I’ll go to VOO or SPY tomorrow. Wahoo! I did the same thing about 10:30 am from ITOT >> SCHB. Great day to TLH to offset some ST gains in other accounts. TLH done. Now stay the course until the next TLH or ...
by ausmatt
Sun Oct 21, 2018 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: ISO taxes and AMT [Incentive Stock Option]
Replies: 25
Views: 2145

Re: ISO taxes and AMT [Incentive Stock Option]

Is it a public company? If not, take a look at 83(I) elections. I also recommend you read as much as possible as even CPAs are not great at ISOs (especially private company ones). There’s a paid site called mystockoptions.com that is surprisingly good. (I used it for a month and just downloaded all ...
by ausmatt
Wed Oct 17, 2018 8:27 pm
Forum: Personal Investments
Topic: Transfer VTSAX & VTIAX to Chase You Invest?
Replies: 31
Views: 3622

Re: Transfer VTSAX & VTIAX to Chase You Invest?

In terms of savings rates they have lots of options for funds or fixed income options. So you can find whatever you like as it’s basically a full brokerage. I’m sorry but they make it very hard to find out information without having an account. Could you please share whether I can simply use Vangua...
by ausmatt
Wed Oct 17, 2018 5:38 am
Forum: Personal Investments
Topic: Transfer VTSAX & VTIAX to Chase You Invest?
Replies: 31
Views: 3622

Re: Transfer VTSAX & VTIAX to Chase You Invest?

In terms of savings rates they have lots of options for funds or fixed income options. So you can find whatever you like as it’s basically a full brokerage. I’m sorry but they make it very hard to find out information without having an account. Could you please share whether I can simply use Vangua...
by ausmatt
Tue Oct 16, 2018 9:26 pm
Forum: Personal Investments
Topic: Transfer VTSAX & VTIAX to Chase You Invest?
Replies: 31
Views: 3622

Re: Transfer VTSAX & VTIAX to Chase You Invest?

In terms of savings rates they have lots of options for funds or fixed income options. So you can find whatever you like as it’s basically a full brokerage.
by ausmatt
Tue Oct 16, 2018 9:24 pm
Forum: Personal Investments
Topic: Transfer VTSAX & VTIAX to Chase You Invest?
Replies: 31
Views: 3622

Re: Transfer VTSAX & VTIAX to Chase You Invest?

I have an account and am not a fan. The trading platform is weak, their execution speed and hit rate is bad (not sure what exchanges they are using), and it’s difficult to navigate the site.

There is a cash / sweep acct but it doesn’t look like it’s interest bearing.
by ausmatt
Tue Sep 18, 2018 5:53 pm
Forum: Personal Investments
Topic: Taking Over Management of $7M Portfolio - Need Review/Help Allocating
Replies: 49
Views: 4428

Re: Taking Over Management of $7M Portfolio - Need Review/Help Allocating

I would imagine holding the munis to maturity and then rolling to a bond fund would be advantageous tax-wise and bond return wise in 1-2 years (should be better for short/intermediate) after interest rate increases. What is the yield on the minis? Btw I only see a 3.29% yield on vanguard intermediat...
by ausmatt
Sun Sep 09, 2018 7:51 am
Forum: Investing - Theory, News & General
Topic: Deep ITM call options and asset allocation
Replies: 12
Views: 1906

Re: Deep ITM call options and asset allocation

Since your question was about including it in your asset allocation calc, I think it’s as simple as marking to market at the end of the month when you look at everything else. Everything has risk. Calls, spreads, bonds, equities, etc. this is no different. Just value the calls at market today (or en...
by ausmatt
Fri Sep 07, 2018 1:39 pm
Forum: Personal Consumer Issues
Topic: Bike computer or Apple Watch?
Replies: 49
Views: 6396

Re: Bike computer or Apple Watch?

I’ve pretty much moved to my Garmin watch solely for the bike. (I use a garmin fenix 5s, but any will do). One benefit is the ability to sync ANT+ sensors (in addition to Bluetooth) like cadence and speed with thewatch. I believe Apple is limited to only Bluetooth. So make sure you to check any sens...
by ausmatt
Wed Sep 05, 2018 7:57 pm
Forum: Personal Investments
Topic: Chase and Citibank investment accounts
Replies: 7
Views: 1165

Re: Chase and Citibank investment accounts

I like this topic. Is there a list of what analyst reports are free by brokerage/bank/platform? I know I previously accessed some research from E*TRADE but I don’t recall what the offer.

To the previous posts, some do like to trade for fun or as a small % of the portfolio to satisfy some itches.
by ausmatt
Tue Aug 14, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: No one seems to have an answer - NIIT on Short Term Cap Gains
Replies: 10
Views: 882

Re: No one seems to have an answer - NIIT on Short Term Cap Gains

Note that they combine for the total AGI. STCG + LTCG + earned income. So if any of that exceeds 250 (not just the investment part) then NIIT applies to the investment income.
by ausmatt
Tue Aug 14, 2018 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: No one seems to have an answer - NIIT on Short Term Cap Gains
Replies: 10
Views: 882

Re: No one seems to have an answer - NIIT on Short Term Cap Gains

Excellent. Thanks all for the insights and clarifications.
by ausmatt
Tue Aug 14, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: No one seems to have an answer - NIIT on Short Term Cap Gains
Replies: 10
Views: 882

Re: No one seems to have an answer - NIIT on Short Term Cap Gains

The instructions to Net Investment Income Tax Form 8960 are quite clear that capital gains (which includes both short-term and long-term) are subject to NIIT. I'm curious what the rationale would be to believe differently? I think the heart of my question actually arises from the treatment of ISOs ...
by ausmatt
Tue Aug 14, 2018 6:31 am
Forum: Personal Finance (Not Investing)
Topic: No one seems to have an answer - NIIT on Short Term Cap Gains
Replies: 10
Views: 882

No one seems to have an answer - NIIT on Short Term Cap Gains

Looking for some sage guidance from the boglehead community as I've received several different answers to what is seemingly a simple question: Does the Net Investment Income Tax (NIIT) apply to short-term capital gains? * *Assuming the individual exceeds the AGI requirements to "qualify" for this ad...
by ausmatt
Thu Jul 26, 2018 1:33 pm
Forum: Personal Investments
Topic: Biggest financial decision of my life: selling a big wad of options
Replies: 46
Views: 5643

Re: Biggest financial decision of my life: selling a big wad of options

OP, I hope you don't work for Facebook. Ouch. Facebook plunges more than 24 percent on revenue miss and projected slowdown https://www.cnbc.com/2018/07/25/facebook-earnings-q2-2018.html I came back to post this. It’s a good example of the unpredictability of an individual equity. When your options ...
by ausmatt
Wed Jul 25, 2018 7:10 pm
Forum: Personal Consumer Issues
Topic: How to Learn Italian (a little) Before Trip to Italy
Replies: 34
Views: 2369

Re: How to Learn Italian (a little) Before Trip to Italy

Duolingo

Free, easy, great app.
by ausmatt
Mon Jul 02, 2018 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Special Needs Trust
Replies: 31
Views: 3097

Re: Special Needs Trust

First - I think there is a trove of content here that could warrant a wiki post or augmenting trust wiki section. Second - it’s important to note that for all the ABLE accounts, the government will seek to repay any Medicaid services rendered during the lifetime upon death of the beneficiary. Regard...
by ausmatt
Sat Jun 30, 2018 10:10 pm
Forum: Personal Consumer Issues
Topic: 6 hour layover on Heathrow
Replies: 54
Views: 6302

Re: 6 hour layover on Heathrow

Speed things up by having a car service pick you up at the airport and take you directly to Windsor Castle. This is the most logical and easiest. Otherwise Heathrow express to paddington then do buckingham and look at Harrods. If it were me, I’d book an airport hotel on points and go take a nap for...
by ausmatt
Sun Jun 24, 2018 9:06 pm
Forum: Personal Consumer Issues
Topic: San Antonio and Austin trip
Replies: 23
Views: 1759

Re: San Antonio and Austin trip

Yes. They are only 1.5 hr apart. It just depends what you want to do and see. I’d recommend 1 day in San Antonio and 2 in Austin.

That is around the time of ACL fest ... so just be aware of that major festival which can make hotels difficult.
by ausmatt
Fri Jun 22, 2018 7:31 am
Forum: Personal Investments
Topic: I think I am in trouble...way behind where I should be
Replies: 22
Views: 2734

Re: I think I am in trouble...way behind where I should be

Much like Silicon Valley RIGBE, all of this is predicated with IMHO — I agree that you will be fine. Definitely don’t count on private company shares in your planning - if they liquidate then that’s just gravy. Am I reading that right that you paid $30k AMT on the iso option exercise? It’s probanly ...
by ausmatt
Wed Jun 20, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for long-term care of a brother with Autism? (Financial aspect)
Replies: 27
Views: 2247

Re: Planning for long-term care of a brother with Autism? (Financial aspect)

Hey all, I'm 33 years old. I have an older brother who is 35 years old, who has Autism Spectrum Disorder. He is "verbal" (can speak normally and such), but his social skills are very limited. He's tried to work at entry-level jobs but has been unsuccessful. My brother currently lives with my parent...
by ausmatt
Wed Jun 20, 2018 5:54 am
Forum: Personal Finance (Not Investing)
Topic: Consolidated List of Income Limits and Phaseouts for Federal Income Tax
Replies: 4
Views: 946

Re: Consolidated List of Income Limits and Phaseouts for Federal Income Tax

Thank you. That's a very good document. I was hoping some entity maintained a relatively comprehensive list or spreadsheet of all the deductions, credits, etc. and the associated phaseouts or limits. (I understand this can get long if you include lots of esoteric items).
by ausmatt
Tue Jun 19, 2018 4:38 am
Forum: Personal Finance (Not Investing)
Topic: Consolidated List of Income Limits and Phaseouts for Federal Income Tax
Replies: 4
Views: 946

Consolidated List of Income Limits and Phaseouts for Federal Income Tax

Does anyone know of a consolidated list of all the income limits and phaseouts associated with the current federal tax code?

For example: phaseouts and limits for Roth IRA contributions, child tax credits, EITC, adoption credits, student loan interest, etc.
by ausmatt
Fri Jun 15, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Accident Settlement
Replies: 10
Views: 2078

Re: Auto Accident Settlement

The rule of thumb is that general damages (pain and suffering) should be 1-5x special damages (actual economic loss - hospital bills, lost wages, cancelled trips, etc). Based on how you are describing this, I would think 1-2x specials. You can also ask for $xxx or the maximum personal injury limit i...
by ausmatt
Thu Jun 14, 2018 2:00 pm
Forum: Personal Investments
Topic: Taking $1M+ Long Term Capital Gains
Replies: 74
Views: 9558

Re: Taking $1M+ Long Term Capital Gains

TravelforFun wrote:
Wed Jun 13, 2018 8:15 pm
Sell what you need and leave the rest to heirs so they can get the step-up.

TravelforFun
THIS. make sure you understand this before you sell and/or if you are worried about estate tax limits
by ausmatt
Wed Jun 13, 2018 1:55 am
Forum: Personal Investments
Topic: [Looking for ways to reduce taxes and keep more of my income]
Replies: 91
Views: 9961

Re: Getting killed on taxes - any ideas?

I don’t understand the jealousy/hostility either. The bad news is that there are no real loop holes anymore and you’re doing most everything you can. The only other thing that is not mentioned above is if you think you will exceed the maximum estate tax limits (roughly $11m per person, so $22m combi...
by ausmatt
Fri Apr 13, 2018 5:07 am
Forum: Personal Consumer Issues
Topic: New faster DNS - 1.1.1.1 by CloudFlare
Replies: 97
Views: 10696

Re: New faster DNS - 1.1.1.1 by CloudFlare

Also, FWIW DNS queries go to your ISP if not these services. ISPs are known to do way worse things than Google DNS services for example. Also, each page you load likely loads 100's of DNS queries not 1 per page... and not only that most browsers speculatively fetch DNS results as well. So it is a n...
by ausmatt
Sat Feb 17, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Selling Timber
Replies: 37
Views: 3587

Re: Selling Timber

This may be a touch one to get advice on, but I’m always amazed by this forum. You may want to speak with some commercial or ag focused real estate people in that area who may have a diverse set of clients that did something similar.