Search found 1358 matches

by ray.james
Tue Sep 29, 2020 3:52 pm
Forum: US Chapters
Topic: Where did HEDGEFUNDIE go?
Replies: 79
Views: 7234

Re: Where did HEDGEFUNDIE go?

I miss him. There are a lot of interesting posts from him and an out of box thinker.
Given how sportive and positively he debated on the UPRO discussion and criticism, I am surprised he left.
by ray.james
Wed Sep 23, 2020 12:26 pm
Forum: Personal Consumer Issues
Topic: Is Costco worth the $120 membership?
Replies: 238
Views: 15047

Re: Is Costco worth the $120 membership?

In the year I buy car tires/major electronics etc., I upgrade a month ahead to executive membership. Else I keep the base. One year where we purchased appliances, it is very worth it. We spend close to ~3200 per year averaged. We will switch to executive as family grows. We have one 2 miles away and...
by ray.james
Mon Sep 21, 2020 11:24 pm
Forum: Investing - Theory, News & General
Topic: Is anyone waiting until after the election?
Replies: 165
Views: 14991

Re: Is anyone waiting until after the election?

I don't know where I read it but surmising:

Capitalists and companies adjust accordingly and continue to make profit. It may be more or less than before but they will sure change course to new regulations like rivers to make profit.
by ray.james
Wed Sep 09, 2020 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: How Much House Can We Afford in HCOL Area?
Replies: 300
Views: 19112

Re: How Much House Can We Afford in HCOL Area?

Of course, this is somewhat county dependent, and remember some counties charge significant $$$ for permit (10% of renovation cost so just be aware). :shock: That's insane. More like a money grab. I think I paid $100-200 for each permit. I think my county used to charge $1000 for each permit but no...
by ray.james
Wed Sep 09, 2020 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: How Much House Can We Afford in HCOL Area?
Replies: 300
Views: 19112

Re: How Much House Can We Afford in HCOL Area?

Oh and because of taxes, a family member renovated their tiny $1M dump of a home. It's $1M because it is walking distance to spaceship Apple in case those are wondering. They maintained some of the original structure in order to comply with rules to keep their existing property tax rate. It looks l...
by ray.james
Tue Sep 08, 2020 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: How Much House Can We Afford in HCOL Area?
Replies: 300
Views: 19112

Re: How Much House Can We Afford in HCOL Area?

OP, I really sympathize with you. What you are going through is something every family thinks through in bay area. We had enough to buy a town home since 2013 but did not buy until last year. There is a real buyers regret/remorse seeing our friends and their equities. But we have real estate investm...
by ray.james
Thu Sep 03, 2020 12:28 pm
Forum: Non-US Investing
Topic: Wiki - Investing from India
Replies: 27
Views: 1812

Re: Wiki - Investing from India

I'll see about adding this, if nobody else does first. Do we know the precise current status of these schemes? ELSS looks to be still alive, but many sources now seem to refer to RGESS using exclusively past tense. For example : Latest Status of RGESS The Union Budget in 2017 proposed the phasing o...
by ray.james
Thu Sep 03, 2020 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: How Much House Can We Afford in HCOL Area?
Replies: 300
Views: 19112

Re: How Much House Can We Afford in HCOL Area?

I presume this is Bay area? Its possible it could all work out but why take that more risk when you are in happy place. You do not need 600k every year to buy but more wealth like 1-2M in investments after housing down payment will reduce the risk. I believe this is what folks mean to rent a few mor...
by ray.james
Wed Sep 02, 2020 11:36 pm
Forum: Non-US Investing
Topic: Wiki - Investing from India
Replies: 27
Views: 1812

Re: Wiki - Investing from India

WOW Ted, Thank you for all you do! Foreign domiciles are lucky to have you on bogleheads. Will this page be added to https://www.bogleheads.org/wiki/Outline_of_Non-US_domiciles ? My suggested edits: ----------------------------------- Under section Savings and investing in India 9. Additional Tax be...
by ray.james
Wed Sep 02, 2020 6:10 pm
Forum: Personal Investments
Topic: Portfolio review: Currently feeling foolish for being a Boglehead. Help!
Replies: 53
Views: 4945

Re: Portfolio review: Currently feeling foolish for being a Boglehead. Help!

Living in bay area, I know how you feel OP. Trust me! A few hours ago my wife said, her friends made a lot of money on Tesla why didn't I buy it?(I was the one to suggest tesla has a huge moat and not a car-only company. Apparently her friend thought what I said made sense and invested a lot :D ). Y...
by ray.james
Wed Sep 02, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: Rising inflation with low or no yield in fixed income
Replies: 61
Views: 2788

Re: Rising inflation with low or no yield in fixed income

I think inflation in general a good thing compared to Deflation.(Fed is truly scared of this) We can already see this in precursors. Lumber prices jumped in 2020. https://tradingeconomics.com/commodity/lumber Healthcare steady at 6.8% according to williswatsontowers report.https://www.willistowerswa...
by ray.james
Sun Aug 30, 2020 8:03 pm
Forum: Investing - Theory, News & General
Topic: If I fear inflation, should I overweight international stocks/gold?
Replies: 32
Views: 2650

Re: If I fear inflation, should I overweight international stocks/gold?

https://www.cnbc.com/2020/08/30/warren-buffetts-berkshire-hathaway-buys-stakes-in-japans-five-leading-trading-companies.html Just interesting. Although I have 50% in international, I do not understand this bet. Why not China or India or Australia or Hungary. I am pretty sure Buffet will expand in th...
by ray.james
Fri Aug 28, 2020 4:41 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1715
Views: 223469

Re: Post your Financial Milestone Announcements Here

tbone555 wrote: Fri Aug 28, 2020 11:43 am Just hit $1M net worth last week. About $200k of that is real estate equity.

Started from $0 in 2008.
Congratulations.
I am also a grad of great recession(2009). Tough to find a job for months coming out of school but definitely taught some frugality lessons.
by ray.james
Fri Aug 28, 2020 4:37 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1715
Views: 223469

Re: Post your Financial Milestone Announcements Here

ronhh wrote: Thu Aug 27, 2020 4:39 pm Yesterday my 401k hit the "2 Comma Threshold". Took just 33 years with the same company!
That is impressive long run! :D
How may years did you fill to max?
It really shows the power of compounding when the first dollar that went in almost ~$5 now.
by ray.james
Fri Aug 28, 2020 4:31 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1715
Views: 223469

Re: Post your Financial Milestone Announcements Here

KlangFool wrote: Thu Aug 27, 2020 2:20 pm Folks,

A bittersweet milestone.

A) With my severance pay plus market growth, I reached my FI target last weeK.

B) I am laid off and unemployed.

I guess it is a just-in-time milestone.

KlangFool
(B) doesn't matter if (A) is true. Congratulations Klang. :D
by ray.james
Fri Aug 28, 2020 3:45 pm
Forum: Investing - Theory, News & General
Topic: Can we talk about the future of oil?
Replies: 72
Views: 4783

Re: Can we talk about the future of oil?

zmit wrote: Fri Aug 28, 2020 3:35 pm Where will the E in EV come from?
unclescrooge wrote: Wed Aug 26, 2020 9:30 pm EV will reduce the demand for oil.

Technology will increase the proven reserves of existing fields and thus the supply.

I think the long term trend for oil prices is not up.
viewtopic.php?p=5461332#p5461332
by ray.james
Fri Aug 28, 2020 11:56 am
Forum: Investing - Theory, News & General
Topic: Can we talk about the future of oil?
Replies: 72
Views: 4783

Re: Can we talk about the future of oil?

Oil in some form will exist for a long time. But some folks are missing what electrification is doing. The efficiency of gas powered power station is at 55-60%. Coal/oil is at 37%. The efficiency of the gas car is at 17% . There are transmission losses of 2-5%, 10% with in electric car operation. Bu...
by ray.james
Thu Aug 27, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: Fed wants inflation
Replies: 30
Views: 2968

Re: Fed wants inflation

prairieman wrote: Thu Aug 27, 2020 11:23 am
Kenkat wrote: Thu Aug 27, 2020 11:14 am What the Fed said: We want inflation!
What they really meant: Deflation terrifies us!
Exactly what I was thinking.
+1. Fed is really trying to steer away from any such possibility and hopefully warm up the economy. Powell tried not to use the D word :)
by ray.james
Mon Aug 24, 2020 11:36 am
Forum: Investing - Theory, News & General
Topic: 2020 SP500 Returns
Replies: 21
Views: 3153

Re: 2020 SP500 Returns

That is a great visual representation of data. I can see apple and others in big tech ballooning as well. Materials and energy shrunk in market cap in addition to losses(ofcourse both measures are directly proportional).
by ray.james
Thu Aug 20, 2020 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Are emergency funds for suckers?
Replies: 202
Views: 15754

Re: Are emergency funds for suckers?

I do use emergency fund for a completely different reason. We have access to 2 401k, 2 roths, 2 MBR. We do not even come close filling half of that. Since our major net worth will be stashed in retirement style accounts, I chose to have an emergency fund to avoid sub optimal cashout when "emergecy" ...
by ray.james
Tue Aug 18, 2020 6:29 pm
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8398

Re: A primer on backup battery systems for power outages

Universal power source systems like that are only designed to operate for a few minutes, just long enough to shut down a desktop computer and similar items. The specific model you linked to is only rated to provide a 100 watt load for a maximum of 12 minutes. The type of system in the OP would have...
by ray.james
Tue Aug 18, 2020 5:16 pm
Forum: Personal Consumer Issues
Topic: A primer on backup battery systems for power outages
Replies: 150
Views: 8398

Re: A primer on backup battery systems for power outages

Great post willthrill. I have no knowledge in this area and plan to read this again slowly. One thing it seems, for people planning to run a refrigerator, the wattage needs jump immediately. A single 12 V battery is enough for running aux power, some tv, charge electronics, a table fan.(or a portabl...
by ray.james
Mon Aug 17, 2020 5:41 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving Seattle or Vancouver, WA
Replies: 88
Views: 6259

Re: Thinking of moving Seattle or Vancouver, WA

May I recommend Reno to the list. Low taxation, plenty to enjoy outdoors. Pack the bike in the car, go to lake Tahoe in 30 mins and bike 100 miles around the lake. Spend a crazy night in casino and then go fishing in fresh water lakes around. Plenty to hike in sierra Nevada. Not crazy crowded since ...
by ray.james
Fri Aug 14, 2020 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7057
Views: 471626

Re: Refinance Mega Thread

Jumbo 30 yr had a huge drop today. Lower than conforming now. This more for my knowledge - how do you determine that Jumbo is lower than confirming today? I don't see that in the MND link.. or I am probably not reading it right. Look for the "Jumbo 30" text on this page: http://www.mortgagenewsdail...
by ray.james
Wed Aug 12, 2020 11:53 am
Forum: Personal Investments
Topic: Assets going from 600K->15M, should I change my asset allocation?
Replies: 175
Views: 17596

Re: Assets going from 600K->15M, should I change my asset allocation?

I think with a windfall like that, you could set aside enough in "safe investments" to keep you afloat for life, and invest the rest aggressively under the theory that you now have the ABILITY (without the need) to take extra risk in the pursuit of extra reward. If I were in your shoes? I'd invest ...
by ray.james
Mon Aug 03, 2020 11:58 am
Forum: Personal Consumer Issues
Topic: Family expanding - Time for a 3 row SUV
Replies: 69
Views: 3884

Re: Family expanding - Time for a 3 row SUV

A cx9 is a good bang for the buck based on family member view. Pricing is less than highlander but very similar maintenance costs.
by ray.james
Fri Jul 31, 2020 6:20 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1715
Views: 223469

Re: Post your Financial Milestone Announcements Here

Sometimes I feel like a very small fish swimming with sharks when I read this forum. I couldn’t be more grateful though. It’s been a fountain of knowledge and guidance. I finally paid off my credit card. I still can’t really believe it. My wife and I are both full time musicians. When Covid hit I p...
by ray.james
Fri Jul 31, 2020 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Extra mortgage payments OR not
Replies: 52
Views: 4845

Re: Extra mortgage payments OR not

Can anyone get the 3f calculator to work? I get 500 - Internal server error. There is a problem with the resource you are looking for, and it cannot be displayed. Works for me. By work, do you mean the page loads or you can actually use the calculator? The page loads for me, but when I enter any nu...
by ray.james
Fri Jul 31, 2020 12:25 pm
Forum: Investing - Theory, News & General
Topic: How to monitor the Fed's actions & invest to protect against future possible inflation?
Replies: 56
Views: 3855

Re: How to monitor the Fed's actions & invest to protect against future possible inflation?

Poster boy Japan and its fed has been printing money for years. They just moved to long curve controls from short.I do not know how this will end. My intuition is Japanese avoided serious deflation due to all the money printing.( demographics, asset bubble , take any measure they should have been in...
by ray.james
Thu Jul 30, 2020 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: When did your investments outweigh your mortgage?
Replies: 46
Views: 3971

Re: When did your investments outweigh your mortgage?

Are you asking about "Mortgage as negative bond" ? There are a lot of threads and prior discussions on it. This might be starting point: https://www.bogleheads.org/forum/viewtopic.php?t=115103 edit: I personally don't adhere to it while I understand it. My reasons are similar to https://www.boglehea...
by ray.james
Thu Jul 30, 2020 4:53 pm
Forum: Investing - Theory, News & General
Topic: Ridiculously Misleading Headline About the Q2 GDP
Replies: 28
Views: 2278

Re: Ridiculously Misleading Headline About the Q2 GDP

Op,
I felt like you when I realized dividend yield and yield to maturity are not the same. But these terms and conventions existed for a long time, just not what I thought they meant.

plus, newspaper pick up the most sensationalized headlines, thats why I read less of them and more deeper.
by ray.james
Tue Jul 28, 2020 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: Rent vs. own a commercial building for our business?
Replies: 23
Views: 1949

Re: Rent vs. own a commercial building for our business?

SilverGirl, Has the prices been that stable/Up in Phoenix? Here in California, due to prop 13, some owners do not need to sell at all.(Their tax base is fixed and adjusts only 2% per year). So no change in prices. But on rent side, price per sqft has come down 15-20%. New tenants are flat out negoti...
by ray.james
Tue Jul 28, 2020 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: Extra mortgage payments OR not
Replies: 52
Views: 4845

Re: Extra mortgage payments OR not

Wow, thanks for all the replies. Yesterday I thought majority is telling me to take advantage of non-recourse loan. Now the tide has turned. You can calculate the return on your 145k by using mortgage professor calculator 3f. Btw which is "mortgage professor calculator 3f"? I do not see it here: ht...
by ray.james
Tue Jul 28, 2020 1:03 am
Forum: Personal Finance (Not Investing)
Topic: Extra mortgage payments OR not
Replies: 52
Views: 4845

Re: Extra mortgage payments OR not

GuruSW, You can calculate the return on your 145k by using mortgage professor calculator 3f. The calculator takes 3 colums - first one is current terms, second is simple refinance with out paying down(3.5% no cost 30 year fixed), third one is paying down(145K case, 3.0 30 year fixed). When I in put ...
by ray.james
Mon Jul 27, 2020 4:30 pm
Forum: Forum Issues and Administration
Topic: Proposal to represent a dynamic word cloud in Boglehead's main page
Replies: 82
Views: 5276

Re: Proposal to represent a dynamic word cloud in Boglehead's main page

For a business standpoint/Ad standpoint I see why word cloud is valuable and an awesome tool. This is forum for finding, helping and absorbing information. The best tool for that is search function and following up on the discussion you are involved in. It is cool to have 'current trend' talks as wo...
by ray.james
Mon Jul 27, 2020 1:07 pm
Forum: Investing - Theory, News & General
Topic: Japan, 1989
Replies: 161
Views: 46061

Re: Japan, 1989

In the vein of international diversification, siamond also wrote the "Investing in the World" which is one of my favorite. There is a thread by simplegift talking about how different portions of the world derive their their revenue from different regions. Adding them for folks who have not read thes...
by ray.james
Mon Jul 27, 2020 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Custom Home Thoughts
Replies: 103
Views: 7549

Re: Custom Home Thoughts

Livesoft, we bought a house that meets most of your criteria. I will say, washer dryer on ground is preferable( carrying clothes is a pain but that is just once a week chore. More important, water heater on ground floor/garage/outside the home. Water damages/leaks are pain to deal with. Our house ha...
by ray.james
Mon Jul 27, 2020 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Should I sell our second 2009 Hyundai car?
Replies: 4
Views: 325

Re: Should I sell our second 2009 Hyundai car?

We are in the same dilemma and keeping the car for now. The total cost per year is 600 - Insurance +DMV+ oil change. My guess, this new norm will continue until early next year when things slowly go back to normal. So at the max, I will not need the car for another 1.5 year. But the need will come b...
by ray.james
Wed Jul 22, 2020 5:06 pm
Forum: Investing - Theory, News & General
Topic: Kitces on Roth Conversions vs. Harvesting Capital Gains
Replies: 169
Views: 10467

Re: Kitces on Roth Conversions vs. Harvesting Capital Gains

Good summary and even better takedown! Only thing I would add, when you have a complex question and you aren't sure which is best, you can always do a little of each. Last year, I posted here asking if I should do a Roth conversion (hadn't done any yet), and this advice was the best I got. (It migh...
by ray.james
Mon Jul 20, 2020 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7057
Views: 471626

Re: Refinance Mega Thread

As someone who used to trade MBS, this article http://www.mortgagenewsdaily.com/mortgage_rates/blog/949814.aspx is amazingly good at breaking down the trade on your loans. Most of you already understand that the companies you're working with (Better, LenderFi, etc.) are simply selling your loans. E...
by ray.james
Thu Jul 16, 2020 12:41 am
Forum: Personal Consumer Issues
Topic: Which household items have made your life easier/more convenient/happier?
Replies: 82
Views: 6615

Re: Which household items have made your life easier/more convenient/happier?

Instant Pot! BAM, Mike Drop :D I loved using the instant pot for a long time after buying it, but recently we've been eating less meat and I'm struggling to find recipes that necessitate it. Maybe it's just because I tend to use it for cold-weather stuff like chili. We use it for beans, pasta(https...
by ray.james
Wed Jul 15, 2020 5:17 pm
Forum: Personal Consumer Issues
Topic: Which household items have made your life easier/more convenient/happier?
Replies: 82
Views: 6615

Re: Which household items have made your life easier/more convenient/happier?

After spending 10 years in the old and cheapest apartments on the block to save money we bought house recently. While my spouse loves/desires for all those new and fancy schmancy stuff, these things made my life easy/appreciate 1) Double panel windows- winters are much warn and they block UV light d...
by ray.james
Tue Jul 14, 2020 10:57 pm
Forum: Personal Consumer Issues
Topic: Old toilet(1.6 GPF) vs new toilet(1.28 GPF)
Replies: 38
Views: 2531

Re: Old toilet(1.6 GPF) vs new toilet(1.28 GPF)

We have a toto 1.28. We like it and very efficient. The water stays low and it flushes off like a charm.

Our city/water district has a rebate program for these. (From 2020, rebates are for 0.99 gpf models only. I am not sure I will use these yet with out a lot of real data from old homes.)
by ray.james
Tue Jul 14, 2020 8:03 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 265
Views: 16749

Re: Vanguard laying off 1300 employees as part of outsourcing deal with Infosys

I know people that work there, and I live near the Malvern office. This is a dirty move by them, and I will be moving as many assets as is practical to Fidelity -- there's no longer a moral argument to be made for Vanguard. Yes, I will actively look into this as well. I'd rather pay 8 or 10 bps for...
by ray.james
Tue Jul 14, 2020 7:46 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 265
Views: 16749

Re: Vanguard laying off 1300 employees as part of outsourcing deal with Infosys

Based on the news articles, Infosys will set up a company in Malvern for this. I guess this will let this avoid data privacy laws? Data safety and data security is my first concern as a user. While reading news article I saw these 2 bits which was interesting Multi million dollar deal pegged at 700m...
by ray.james
Mon Jul 13, 2020 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of paying off mortgage
Replies: 146
Views: 8964

Re: Talk me out of paying off mortgage

I fall on pay off camp given you meet one of the criteria.
1) Home value(not mortgage) is under 20% of your assets and you can pay it off in few months.
(or)
2)you have reached coastFI number and can now begin to pay down the mortgage.
by ray.james
Sun Jul 12, 2020 5:16 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1661
Views: 139268

Re: Coronavirus (Consumer Issues) How you are preparing?

We are giving very serious consideration to moving overseas early next year if borders open again. Proven ability to react to and control this panademic will certainly play a factor in deciding where to go. Countries under consideration (country population cases deaths) Thailand 69,804,533 | 3,202 ...
by ray.james
Tue Jul 07, 2020 11:52 am
Forum: Personal Consumer Issues
Topic: How would permanent WFH reshape Silicon Valley?
Replies: 79
Views: 6618

Re: How would permanent WFH reshape Silicon Valley?

In my view, most probable outcome is WFH will increase noticeably. Full time WFH is still going to be rare in my view. However companies will begin to encourage hiring WFH/LCOL people for non essential roles . For a tech company, that will be portions of HR like accounting, some marketing etc.,. Get...