Search found 1252 matches

by DVMResident
Wed Oct 10, 2018 11:32 pm
Forum: Investing - Theory, News & General
Topic: 5 ways target-date funds let investors down
Replies: 38
Views: 3402

Re: 5 ways target-date funds let investors down

Very shallow article. The whole thing reads like a series of titles rather any in-depth analysis. Let's take just the first claim: 1. The most important drawback, by far, of target-date funds is their failure to give investors significant access to some long-established equity asset classes with sup...
by DVMResident
Mon Oct 08, 2018 10:00 pm
Forum: Personal Consumer Issues
Topic: Subaru: Crosstrek or Outback?
Replies: 81
Views: 5710

Re: Subaru: Crosstrek or Outback?

These are quite different models. Test drive them and figure it out.
Personally, I think the Crosstrek is too small with 4 people and gear, but you'll determine if that's true for your family quickly with a test drive.
by DVMResident
Fri Sep 21, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Hubby soon to be laid off
Replies: 74
Views: 7795

Re: Hubby soon to be laid off

I agree with others that you should use taxable to immediately pay off the mortgage. Immediately selling (assuming gains) will trigger Capital Gains. The OP is in the LCTG 15% bracket in 2018. Assuming all the 2019 income is from the OP's side at $30-40k, they will be in the 0% bracket. I'd hold of...
by DVMResident
Sat Sep 15, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Job burnout - Keep grinding or change?
Replies: 62
Views: 6671

Re: Job burnout - Keep grinding or change?

When is the last time you took a nice relaxing vacation? June of this year - 3 weeks. It was great. I felt like "myself" again. Took less than a month to feel the way I did before I left. A month? Wow, I feel like I never took a vacation about 3-days and 3K emails after returning. Work from home th...
by DVMResident
Sat Sep 15, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: What if I exceed the 55k 401k limit?
Replies: 4
Views: 890

Re: What if I exceed the 55k 401k limit?

Totally depends on the plan. Mine for example shifts contributions to another plan (409(a), “top hat”).

You probably need to call the plan administrator to get a clear answer.
by DVMResident
Fri Aug 24, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: Buying a used Subaru
Replies: 16
Views: 1889

Re: Buying a used Subaru

To me, Eyesight, Apple play, and adaptive cruise control justifies a new vs used.
by DVMResident
Mon Aug 20, 2018 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: BH Career advice
Replies: 18
Views: 1730

Re: BH Career advice

Age?
Projected SS and pension?
by DVMResident
Sat Aug 18, 2018 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Switching jobs: what’s your number?
Replies: 12
Views: 1364

Re: Switching jobs: what’s your number?

Ballpark with the big variables: (10%)-10% if it's a job I really want. 10-15% if the job is solid and doesn't require a geographical relocation. 15%+ if the job requires a geographical relocation to a region I like. 50%+ if the job requires a geographical relocation to a region I don't like. I'd sa...
by DVMResident
Fri Aug 17, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 89
Views: 5720

Re: physics/math major looking for programmer/analyst job?

I'm in Pharma and have a couple colleagues with physics backgrounds doing pharmacokinetic modelings. Image processing and data science other big areas with more jobs than qualified candidates. You're maybe already doing this, but try searching against his skill set (java, python, sql) instead of job...
by DVMResident
Mon Aug 13, 2018 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Almost 30 - Check In
Replies: 33
Views: 3950

Re: Almost 30 - Check In

Questions: I would like to buy a house next year instead of renting. Should I shoot to have 20% of the downpayment no matter what or is it ok to put less? I'm a SoCal lifer and am not fixated on 20% down, which deviates from the general BH advice. I've watched the market both wipe low equity friend...
by DVMResident
Fri Aug 03, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Interviewing for manager level position when never had direct reports
Replies: 7
Views: 918

Re: Interviewing for manager level position when never had direct reports

1. High Output Management by Andy Grove 2. Radical Candor by Kim Scott 3. The Alliance by Reid Hoffman 4. Good to Great by Jim Collins 5. HOW: Why How We do Anything Means Everything by Dov Seidman 6. The Four Agreements by Ruiz 7. Traction by Gino Wickman These are great. Adding "Manager Tools" po...
by DVMResident
Wed Aug 01, 2018 10:49 pm
Forum: Personal Consumer Issues
Topic: Time to sell my 2003 Accord?
Replies: 33
Views: 2194

Re: Time to sell my 2003 Accord?

I just put $1.2k into my 2003 Accord with 148k miles on it if it makes you feel better.
~$400 of that was the AC, which I was going to not repair until DW refused to ride in without. :oops:

These are very reasonable repairs and you should get more a lot more time/miles out it.
by DVMResident
Tue Jul 31, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: First Home, quadplex???
Replies: 15
Views: 1516

Re: First Home, quadplex???

We did it with two-units (detached). It was great and really cut down on the management time. The entrances were on opposites sides and we bearly saw the tenants. Both of us thought it was awesome and kept our net housing costs low (in SoCal!). The experience was so good, we're looking to repeat. I ...
by DVMResident
Sat Jul 28, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus at Job - Weird Situation
Replies: 34
Views: 6148

Re: Bonus at Job - Weird Situation

Couple questions: -How many rungs in the ladder are you interested in going? -Can you get copies of salary bands per rung? -What role will this mentor play in your promotion evaluation? The mentor might be right in the long term of total compensation and the promotion mechanism at your employer (pre...
by DVMResident
Fri Jul 27, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Can a year-end true-up employer match exceed the 401(k) maximum contribution, in which case the employee would past[...]
Replies: 8
Views: 1026

Re: Can a year-end true-up employer match exceed the 401(k) maximum contribution, in which case the employee would past[

My company 401k will place excess true up contributions above the 401k limit of 55k in a non qualified account. They handle ensuring that it does not breach the limit. If that is what you're asking. I'm guessing they aren't required to place excess funds in a non qualified plan and it's just a grea...
by DVMResident
Wed Jul 25, 2018 11:41 am
Forum: Personal Consumer Issues
Topic: Do you like technical conferences?
Replies: 31
Views: 1944

Re: Do you like technical conferences?

Presenting does help your internal and external reputation. For large companies with multiple global sites, conferences are often the best way to meet your colleagues with the same specialty.
by DVMResident
Sun Jul 22, 2018 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Real salary growth negative?
Replies: 45
Views: 4745

Re: Real salary growth negative?

I think others posters mentioned a really important point: inflation is personal. CPI means very little people on a personal level. For example, my family being young and healthy is more sensitive to daycare and housing costs than medical inflation or the price of pork bellies. Also, the complaints ...
by DVMResident
Sat Jul 21, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: I dont know how to spend money
Replies: 39
Views: 5232

Re: I dont know how to spend money

I was similar at 27. Cheap rent, traveled by bus, vacations were backpacking, food was cheap (but still healthy), and my car was old/used then (still have the same one). A ~decade later, I am still this way. Except, now I'm married with a kid. The family is expensive but worth it. Don't worry. Life ...
by DVMResident
Tue Jul 17, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Anyone experienced landlords here? Caught some of my tenants renting out rooms. Anything I should do?
Replies: 33
Views: 6141

Re: Anyone experienced landlords here? Caught some of my tenants renting out rooms. Anything I should do?

Seems it's either let it go or evict them immediately. You can always just not renew their lease next time it's up, assuming you give them 60 days notice or whatever your state laws dictate. Gives you time to find new renters. If someone is willing to sublease without telling you, there's a lot mor...
by DVMResident
Mon Jul 16, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Accepted new job, immediately laid off at old one?
Replies: 37
Views: 6194

Re: Accepted new job, immediately laid off at old one?

This is the best possible option: severance and a new job on your own terms. This should be a good thing.

You could keep applying, but you're probably a few days to weeks from the formal offer. Very low risk in just relaxing. :beer
by DVMResident
Sun Jul 15, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: What are you learning or studying?
Replies: 99
Views: 7773

Re: What are you learning or studying?

People management. Best resource: Manager Tools podcast; High Throughput Management book; Drucker various writings; Radical Candor book It’s utterly amazing how ignorant I was and still am. My individual contributor skills allowed me to achieve a promotion overseeing other people’s productivity and ...
by DVMResident
Thu Jul 12, 2018 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone experienced landlords here? Caught some of my tenants renting out rooms. Anything I should do?
Replies: 33
Views: 6141

Re: Anyone experienced landlords here? Caught some of my tenants renting out rooms. Anything I should do?

This happened to us. The tenants rented out a room on Airbnb. The landlord takes on a lot of risk of a non-vetted person that don't have renters insurance and can run afoul of your own insurance. After getting burned, I added clauses into the lease banning all short-term rentals and visitors beyond ...
by DVMResident
Thu Jul 12, 2018 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Management at Megacorp
Replies: 26
Views: 3113

Re: Management at Megacorp

Do you find any passion in developing people, seeing them succeed and grow? I like my field, but I love my team and seeing them grow even more. Your added details seem like a poor reward, but sometimes you need to look lateral to grow in the next position. What's the growth look like after this entr...
by DVMResident
Tue Jul 10, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: What's up with Wells Fargo
Replies: 27
Views: 3109

Re: What's up with Wells Fargo

Dumb question: what happens when an account is classified as abandoned?
by DVMResident
Tue Jul 10, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: 30 Year vs 15 Year Mortgage
Replies: 79
Views: 4953

Re: 30 Year vs 15 Year Mortgage

I will always advise on the 10 or 15 year mortgage. Also not a fan of the advice to take on a 30 year and pay it off on a 15 year schedule. People tend to think you pay the same amount of interest as taking out a 15 year mortgage, which isn't true. I disagree in spirit, but it's technically correct...
by DVMResident
Tue Jul 10, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: 30 Year vs 15 Year Mortgage
Replies: 79
Views: 4953

Re: 30 Year vs 15 Year Mortgage

I'll echo what everyone else has said: the interest paid is primarily driven by the amortization schedule, i.e. how long you take to pay back the loan. The interest has a surprisingly small impact. Putting some numbers to it... Right now, the spread between a 15 year vs a 30 year is ~0.25%. On a $31...
by DVMResident
Sat Jul 07, 2018 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Annuities and FIRE
Replies: 8
Views: 816

Re: TIAA Annuities and FIRE

Thanks, everyone! I really appreciate taking the time to explain the TIAA plans.

I was confused by the term annuity and not annuity =/= annuitized :confused After further reading on TIAA, they have their own jargon and there will be a learning curve.
by DVMResident
Sat Jul 07, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Annuities and FIRE
Replies: 8
Views: 816

TIAA Annuities and FIRE

I'm considering an employment switch with a dramatically different retirement package. Life goal: in 15 years, FIRE at age 50 years old Current plan:401(k), mega-backdoor 401(k), and 409(a) 'top hat' (a non-ERISA 401(k)-like plan with no age distribution limit) ^ This plan package fits my goal nicel...
by DVMResident
Sun Jul 01, 2018 12:22 am
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 10330

Re: What’s your plan for a market downturn?

The steps of my plan: (1) Stay employed (2) Use that paycheck to Dollar Cost Average (DCA) my investments That's it. The only major action a downtown might inspire is buying a house. Right now, buy:rent ratio favors renting. Last recession, the math changed to favoring purchasing and I purchased. I ...
by DVMResident
Fri Jun 29, 2018 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Timing exit from megacorp
Replies: 54
Views: 6204

Re: Timing exit from megacorp

Two thoughts: (1) Generally speaking, variable pay goes through a series of processes (e.g. nomination, roll-up and roll-down calibrations, gender bias review, etc.). This takes time. The bonuses will be set weeks to months before you receive them. After this date, the manager can't screw with you ....
by DVMResident
Wed Jun 27, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Another should we buy this So. Cal house thread...
Replies: 42
Views: 2339

Re: Another should we buy this So. Cal house thread...

What the heck is mello roos? Mello roos are extra property taxes that are very common in California. So above and beyond the 1.12% property tax rate, we're assessed an additional tax that cannot be deducted (not that we'd be able to deduct it anyway given the cap). They're another approx 0.4% of th...
by DVMResident
Wed Jun 27, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: Opinion: Betterment Thinks We're Stupid
Replies: 17
Views: 3768

Re: Opinion: Betterment Thinks We're Stupid

I listened a podcast with the CEO and central value proposition is to improve investing behaviors. It's passive investing for the masses. I think this ad is very in line with their overall goal. This commercial is targeted at an audience with a low attention span. The analogies, while campy, are cle...
by DVMResident
Sun Jun 24, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: FIRE thought experiment
Replies: 24
Views: 2794

Re: FIRE thought experiment

$2m plus a paid off house at 50 is my target. But clearly, it depends on your expenses and life circumstances. There is no point in building doubling your nest egg unless you have a use for it.
by DVMResident
Sun Jun 24, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: FIRE thought experiment
Replies: 24
Views: 2794

Re: FIRE thought experiment

skor99 wrote:
Sun Jun 24, 2018 9:02 am
I missed mentioning health insurance - thanks for bringing it up. But Is there anything such as a low paying job which provides health insurance anymore ?
Starbucks.
by DVMResident
Fri Jun 22, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 35473

Re: What is/ was your career and would you recommend it now?

Pharmaceutical Research Scientist: Lots of training and education to get to the top but top pay and benefits. Somewhat stressful and high pressure at times but get to work on projects that you get to see make a difference in the length and quality of life of pets (in my case). Great job! I wouldn't...
by DVMResident
Thu Jun 21, 2018 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: I think I am going to put down 35-40% on a house
Replies: 12
Views: 1626

Re: I think I am going to put down 35-40% on a house

Roger32 wrote:
Thu Jun 21, 2018 7:59 pm
We are buying one house and then never moving again (100%).
...
For reference we are in early 30s, and starting a family soon.
...
:confused I raise an eyebrow at that confidence.
by DVMResident
Wed Jun 20, 2018 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: ARM options, thought process
Replies: 8
Views: 913

Re: ARM options, thought process

Another vote to let it ride. 2022 is a long ways away.

Don't worry. Rates do not move in a vacuum. If your rate will jump, so will the interest of other fixed assets (e.g. CDs) and you'll get all that interest accruing all the way up to the adjustment. You can get 3% 5 year CDs right now.
by DVMResident
Sun Jun 17, 2018 8:31 am
Forum: Personal Consumer Issues
Topic: Best tips for starting a new job
Replies: 19
Views: 1434

Re: Best tips for starting a new job

The First 90 Days is a whole book on the topic. IMO, the first 90 days for senior leadership is about learning. You need to figure out quickly internally how your organize functions, who's on your team, and what their incentives are (do they align with your bosses correctly?). Externally , what do ...
by DVMResident
Sat Jun 16, 2018 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Take a job with a company being acquired?
Replies: 16
Views: 1650

Re: Take a job with a company being acquired?

The choice before you is not to take the job or not; the choice is to apply or not. The phone screen, interview, and job offer process typically takes months. Throw in the potential acquisition induced hiring freeze and this could easily be 6 months until the start date. In that time, you'll figure ...
by DVMResident
Thu Jun 14, 2018 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Renting vs Buying a Home
Replies: 24
Views: 1917

Re: Renting vs Buying a Home

You can generally expect better returns from equities than from housing... Is this true? I understand housing prices roughly keep pace with inflation and roughly CPI+1% post-WWII in the USA. But that's not the same thing as returns. Cheap leverage is wide spread and can really juice ROI. Yes, it's ...
by DVMResident
Thu Jun 14, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Renting vs Buying a Home
Replies: 24
Views: 1917

Re: Renting vs Buying a Home

You can generally expect better returns from equities than from housing... Is this true? I understand housing prices roughly keep pace with inflation and roughly CPI+1% post-WWII in the USA. But that's not the same thing as returns. Cheap leverage is wide spread and can really juice ROI. Hypothetic...
by DVMResident
Wed Jun 13, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Subaru infotainment issues -can people chime in?
Replies: 26
Views: 2998

Re: Subaru infotainment issues -can people chime in?

DW has a '17 Touring Outback since Nov, 2017. She hasn't reported any issues with the infotainment system. I drive it on occasion and had no issue with the infotainment.
by DVMResident
Tue Jun 12, 2018 9:43 am
Forum: Personal Finance (Not Investing)
Topic: paying off rental property?
Replies: 9
Views: 724

Re: paying off rental property?

+1 to sell now. It doesn't have good fundamentals and you could be left holding the bag if the market tanks with not a lot of upside. Paying off the mortgage is a small issue. 5% interest on $71k for 1 year isn't material to your overall income and is deductible, making the effective rate ~3.X%. You...
by DVMResident
Tue Jun 05, 2018 6:39 pm
Forum: Investing - Theory, News & General
Topic: Don’t cheat yourself with the 4% rule
Replies: 184
Views: 26112

Re: Don’t cheat yourself with the 4% rule

The other point infrequently cited is that the Trinity Study *assumed you'd be paying an advisor 1% of AUM.* Actually, the Trinity Study seems to not assume any costs. Citing the study "The study did not adjust for taxes or transaction costs. An investor’s own experience would differ depending on h...
by DVMResident
Tue Jun 05, 2018 6:33 pm
Forum: Investing - Theory, News & General
Topic: Don’t cheat yourself with the 4% rule
Replies: 184
Views: 26112

Re: Don’t cheat yourself with the 4% rule

I think the BH community has mostly rallied around around the same punch line: dynamic withdrawals strategies are superior to fixed. It's not clear to me that dynamic withdrawal strategies lead to the assumption that you need to save less for retirement. Is there some evidence of that? The wiki has...
by DVMResident
Tue Jun 05, 2018 11:26 am
Forum: Investing - Theory, News & General
Topic: Don’t cheat yourself with the 4% rule
Replies: 184
Views: 26112

Re: Don’t cheat yourself with the 4% rule

It is better to ultimately read the Kitces article, than they Yahoo! summary of the article. Kitces wrap up: "The bottom line, though, is simply to recognize that even market scenarios like the tech crash in 2000 or the financial crisis of 2008 are not ones that will likely breach the 4% safe withd...
by DVMResident
Fri Jun 01, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Comparing jobs: bonus vs no bonus
Replies: 26
Views: 1848

Re: Comparing jobs: bonus vs no bonus

These vary a lot by field. I would ask "what has the company wide funding percent of target been for every year for the past 10 years?" By asking for point-by-point data, you avoid the hand waving generalizations and averages, that mask outlier years. This will also let you know what that bonus mean...
by DVMResident
Tue May 29, 2018 1:07 am
Forum: Investing - Theory, News & General
Topic: Can anyone recommend Any Social Responsible fund/s?
Replies: 17
Views: 1521

Re: Can anyone recommend Any Social Responsible fund/s?

TIAA-CREF Social Choice Eq Fund (TISCX) is not a bad domestic choice: ER 0.18%, large-cap blend, and does a decent job tracking the large cap US market. Here's a list of the top holdings if companies meet expectations.
by DVMResident
Mon May 28, 2018 10:47 pm
Forum: Investing - Theory, News & General
Topic: Renting vs Owning Your Home
Replies: 166
Views: 14711

Re: Renting vs Owning Your Home

* What will house prices do? Usually up, but sometimes down. ... Having said that, buying a house basically forces a person to save money and build equity. For most people I think that if they spent less by renting and had some extra money in their pocket they would be tempted to spend it. So I thi...
by DVMResident
Sat May 26, 2018 12:32 am
Forum: Investing - Help with Personal Investments
Topic: recommended Roth percentage of total investments
Replies: 17
Views: 2969

Re: recommended Roth percentage of total investments

I have an opportunistic view of ROTH space: fill when marginal rates are low. Examples include layoff years, years when a spouse isn't employed, etc. or when all pre-tax space is already filled using a backdoor. I let the tax bracket guide me rather than trying to force some fixed ratio. For most pe...