Search found 104 matches

by sandan
Sat Feb 27, 2021 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Can I safely quit? Should I quit?
Replies: 51
Views: 6117

Re: Can I safely quit? Should I quit?

I think you're in good shape, but in my opinion, I think the biggest variable is how much you expect (or are willing) to contribute to your kids' future education expenses. I think there's a wide range of reasonable views on the subject, but it is potentially one of the biggest expenses in your fut...
by sandan
Sat Feb 27, 2021 12:02 pm
Forum: Personal Consumer Issues
Topic: What are your alternatives to daily workout?
Replies: 7
Views: 655

Re: What are your alternatives to daily workout?

To stay motivated I need some competition and a little structure. Every 5-10 years it changes (often because of work and or living arrangements). Golf, swimming, indoor basketball, ashtanga with a regular small group, outdoor cycling/commute to work (my workplace had showers), and now outdoor strava...
by sandan
Fri Feb 26, 2021 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Can I safely quit? Should I quit?
Replies: 51
Views: 6117

Re: Can I safely quit? Should I quit?

40 here as well, but with less assets. I would strongly consider opening up your job search across the country. In the modern economy, I don't think it is healthy for intellectual workers or families to stay at one company or location for their entire career. Their perspectives and assessment of soc...
by sandan
Thu Feb 25, 2021 8:21 pm
Forum: Personal Consumer Issues
Topic: wiFi extenders
Replies: 39
Views: 2137

Re: wiFi extenders

If you have a costco membership, just try out the archer c4000 thats on sale for $100. Return it if it doesn't improve range.

For me, it tripled the range of my 4 year old archer. I messed around with repeaters and they are best to avoid if possible.
by sandan
Wed Feb 24, 2021 9:38 am
Forum: Personal Consumer Issues
Topic: New Laptop - Dell XPS
Replies: 29
Views: 1943

Re: New Laptop - Dell XPS

From doing a search, it seems the Dell XPS tends to be a favorite around here. I had been looking at the HP's, but reviews here tend to favor the XPS. Within the XPS series, what are the minimum specs I should be looking at? This will be used primarily by my wife for her self-employment. No heavy l...
by sandan
Sun Feb 21, 2021 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Revealing net worth
Replies: 251
Views: 16211

Re: Revealing net worth

Besides your spouse (and perhaps your financial advisor if you have one) do you reveal your net worth to anyone else? What about to your siblings or your friends? This is perhaps to share your progress towards Financial Independence. But I am thinking it may backfire? I recently revealed it to my b...
by sandan
Fri Feb 19, 2021 9:38 am
Forum: Investing - Theory, News & General
Topic: Were You Around During Dotcom Bubble?
Replies: 244
Views: 17424

Re: Were You Around During Dotcom Bubble?

Yup. I must of lost $10-20k on @home alone. Cable internet took off.. but @home never did. I also remember that at the same time, oil nations/states were the savior/growth clients for tech firms during the downturn. Overall, it was a really important lesson for me that its really difficult to predic...
by sandan
Tue Feb 16, 2021 11:21 am
Forum: Personal Investments
Topic: Good approach for buying bonds?
Replies: 24
Views: 2005

Re: Good approach for buying bonds?

Thanks for all the replies. I have the mortgage paid off and the money here is really for investing, retirement specifically, so I'm fine with putting it at some risk. Right now I'm 80/20 stocks/bonds in this particular account. Maybe I'm weird but if the stocks go down I expect that...if the bonds...
by sandan
Tue Feb 16, 2021 10:41 am
Forum: Personal Consumer Issues
Topic: Electric car in evacuation situation
Replies: 143
Views: 12023

Re: Electric car in evacuation situation

supposedly, a generator should be able to charge an electric car. personally, I wish that I could get an affordable hybrid that could be used as a generator for a dc powered house (another on my wish list). I find it interesting that as we rely more on "electric" the more important/popular...
by sandan
Mon Feb 15, 2021 5:16 pm
Forum: Personal Investments
Topic: Bonds vs mortgage payoff
Replies: 122
Views: 8052

Re: Bonds vs mortgage payoff

There are a lot of opinions on this. I will just add one more factor to take into consideration. If the equity on the mortgage is near 20%, then being able to walkaway provides some risk protection. So I'm not sure about a rush to pay off. If the equity is above 50%, the benefits of itemization and...
by sandan
Mon Feb 15, 2021 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 55?
Replies: 23
Views: 8318

Re: Can I retire at age 55?

First the expenses, the 60k is without the mortgage and the kid. Add to that HOA dues, property taxes and that numbers goes up to 75k. Would love to travel more, pick up some new hobbies, eat out more and I can see getting close to the $120k figure. As for housing, I grew up mostly living in less t...
by sandan
Mon Feb 15, 2021 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 55?
Replies: 23
Views: 8318

Re: Can I retire at age 55?

Nice plan. I think it comes down to how you are buffering your plan and where you want to retire and how you define HCOL. I feel that you are under-stating housing prices and over-stating expenses. For example, in my MCOL area, my lower bound home if I "choose" to retire would be around $5...
by sandan
Sat Feb 13, 2021 11:48 am
Forum: Personal Investments
Topic: Bonds vs mortgage payoff
Replies: 122
Views: 8052

Re: Bonds vs mortgage payoff

There are a lot of opinions on this. I will just add one more factor to take into consideration. If the equity on the mortgage is near 20%, then being able to walkaway provides some risk protection. So I'm not sure about a rush to pay off. If the equity is above 50%, the benefits of itemization and ...
by sandan
Tue Feb 09, 2021 7:03 pm
Forum: Personal Consumer Issues
Topic: Buying a Pixel 4a 5G - Amazon or Google store?
Replies: 16
Views: 1007

Re: Buying a Pixel 4a 5G - Amazon or Google store?

The Samsung software/launcher is really a drag - it even slows down the android updates. The clean software on the Pixel is worth a few $$ to me. Does the S21 guarantee 3 android updates (4 versions total?). Also does Samsung delay security updates? Point taken. Those are important elements in the ...
by sandan
Tue Feb 09, 2021 6:47 pm
Forum: Personal Investments
Topic: Massive Windfall For 35 Year Old Guy
Replies: 95
Views: 12160

Re: Massive Windfall For 35 Year Old Guy

There is a wiki on managing a windfall and one of the main points is to park the money someplace that is very safe for six months or longer while you come up with a plan and get used to having the money. Right not making any avoidable mistakes is more important than being fast. https://www.boglehea...
by sandan
Tue Feb 09, 2021 6:27 pm
Forum: Personal Consumer Issues
Topic: Buying a Pixel 4a 5G - Amazon or Google store?
Replies: 16
Views: 1007

Re: Buying a Pixel 4a 5G - Amazon or Google store?

How do these things compare with the new Samsung Galaxy S21? Galaxy will be faster, with flashier "features" (often of questionable utility), and pricier. Pixel devices are the pure Android experience as Google intended and generally get software updates for longer. They generally cost le...
by sandan
Sun Feb 07, 2021 12:39 pm
Forum: Personal Investments
Topic: Low-budget retirement ideas with $300K to $400K net worth
Replies: 21
Views: 2979

Re: Low-budget retirement ideas with $300K to $400K net worth

As an intermediary step before making the leap, I would try really hard to find, talk, and stay with people that live the lifestyle you are describing (I really think this is the first test in being able to do it). There are certainly a number of artists and organic farmers living in scenic places a...
by sandan
Sun Feb 07, 2021 8:00 am
Forum: Personal Consumer Issues
Topic: Hotel / AirBnB WiFi - Trust it?
Replies: 32
Views: 1999

Re: Hotel / AirBnB WiFi - Trust it?

I would think a VPN should take care of this problem for you. ExpressVPN and Private Internet Access are two popular ones. Combined with “HTTPS Everywhere” I wouldn’t worry about public wifis for one more second A VPN adds literally no security in this scenario. Would it hurt? yes, you are unnecess...
by sandan
Sun Feb 07, 2021 7:18 am
Forum: Personal Consumer Issues
Topic: Recommendations for Laptop Ear Bud/Mic Combo
Replies: 16
Views: 1008

Re: Recommendations for Laptop Ear Bud/Mic Combo

"sounds" silly but I always carry 2 sets of headsets (1 wired & 1 bluetooth) and I always do a mic check on zoom if anything has been recently plugged in or connected. so far the most reliable / comfortable headset for me has been the anker q30. it has noise cancelling and goes on sale...
by sandan
Sun Feb 07, 2021 6:55 am
Forum: Personal Consumer Issues
Topic: Any Minimalists on here?
Replies: 300
Views: 29891

Re: Any Minimalists on here?

so which occupations lend themselves well for minimalist employees?
by sandan
Sat Feb 06, 2021 2:08 pm
Forum: Personal Consumer Issues
Topic: Hotel / AirBnB WiFi - Trust it?
Replies: 32
Views: 1999

Re: Hotel / AirBnB WiFi - Trust it?

Do folks trust using the WiFi provided at a hotel or in an AirBnB rental? I'm thinking of "living" in one for a few weeks during quarantine times, but would need to continue to check my bank and investment accounts via my laptop. I don't have a personal hotspot available via my cell phone...
by sandan
Sat Feb 06, 2021 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: How do you plan for retirement if all the sims are wrong?
Replies: 123
Views: 7954

Re: How do you plan for retirement if all the sims are wrong?

Grab as much cash as you can from 25-50. Make a decision when you’re 50 if you have enough to retire with 4% withdrawal rate. Agreed, this strategy helps me stay focused for so many decisions related to relocation, work (including vesting periods), and spending. Separately, I cycle a lot and its am...
by sandan
Sat Feb 06, 2021 12:11 pm
Forum: Personal Investments
Topic: Completely Roth in retirement?
Replies: 59
Views: 4762

Re: Completely Roth in retirement?

From what I've read here, its good to have a source of $25-50k (depending on household size) in income each year to qualify for ACA/health exchange insurance plans during pre Medicare age. Taxable accounts or traditional tax differed accounts are supposed to satisfy this.
by sandan
Sat Feb 06, 2021 11:43 am
Forum: Investing - Theory, News & General
Topic: Why not 50/50?
Replies: 175
Views: 16962

Re: Why not 50/50?

... Is there any data that show what the historical AA is by age? I just spent 10 minutes looking for that data and all I get is the charts for what is recommended. I am only aware of this VG study - https://personal.vanguard.com/pdf/how-america-invests-2020.pdf Thanks for posting this. The tables ...
by sandan
Sat Feb 06, 2021 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Hypothetical tax question : tax on 1 million capital gains
Replies: 32
Views: 2539

Re: Hypothetical tax question : tax on 1 million capital gains

slightly off topic (using the play on words by vanguard's cost basis tab), but it should be zero if it is "realized" and spread over 20 years right? This assumes a $12,000 standard deduction. overall, somewhere between 0 and 200k in taxes depending on realization. **I just learned from thi...
by sandan
Sat Feb 06, 2021 10:49 am
Forum: Personal Finance (Not Investing)
Topic: SWR at age 40 [Safe Withdrawal Rate]
Replies: 95
Views: 6752

Re: SWR at age 40 [Safe Withdrawal Rate]

I see the OP uses public schools and has prefunded college. This suggests an accumulation mentality. Should add to his chances of success of living off his portfolio for 50+ years. It’s not just the numbers; it’s the personality and mentality. That's true... yet I am intrigued by this thread becaus...
by sandan
Sat Feb 06, 2021 10:30 am
Forum: Personal Consumer Issues
Topic: What's your Yearly Costco Spend?
Replies: 96
Views: 5425

Re: What's your Yearly Costco Spend?

Partner and I have separate memberships. I've included the restaurant purchases because it may hint at the type of consumer we are. For my account only, I spent $3,600 at Costco and $1,000 at restaurants. We are probably a close split on costco purchases, but I do all the restaurant purchases (which...
by sandan
Fri Feb 05, 2021 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: SWR at age 40 [Safe Withdrawal Rate]
Replies: 95
Views: 6752

Re: SWR at age 40 [Safe Withdrawal Rate]

2.5% is the number I use. I think 2.5% defies logic and is too conservative. Give us a reason why? Put it all under your mattress and it lasts 40 years. Put it in cd’s and money markets only and you can’t outlive it, hence my comment. But I guess you do you, but it’s not mainstream advice to give. ...
by sandan
Sat Jan 30, 2021 3:41 pm
Forum: Investing - Theory, News & General
Topic: Why not 50/50?
Replies: 175
Views: 16962

Re: Why not 50/50?

If there is no perfect asset allocation, and the two largest asset classes are stocks and bonds, why not just use a 50/50 portfolio and forget about all that theoretical stuff? Coming out of high school and college, I saved up a lot without having access to a 401k. In that circumstance, I still thi...
by sandan
Thu Jan 28, 2021 1:39 pm
Forum: Personal Investments
Topic: 1999 – 2009 “The Lost Decade” experience
Replies: 52
Views: 3050

Re: 1999 – 2009 “The Lost Decade” experience

corpblues wrote: Thu Jan 28, 2021 11:51 am
My questions is, how did you successfully manage your personal investments during the 1999-2009 lost decade?
Maximized savings and learned to focus on tax efficient strategies. Learned that relying on or assuming returns is a waste of time.
by sandan
Sat Jan 23, 2021 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Investment in Mobile Home Park
Replies: 91
Views: 6433

Re: Investment in Mobile Home Park

I recommend living in at least one or a few mobile home parks first. They will all have quirks that go way beyond a normal single family home. Being able to effectively and directly deal with the quirks of maintenance, residents, local laws / city hall / county judge/sheriff is what is going to dete...
by sandan
Fri Jan 22, 2021 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: My bad financial habits
Replies: 64
Views: 5999

Re: My bad financial habits

Cycle wrote: Fri Jan 22, 2021 12:05 pm Ironmans, they are like $800 in the US, and it's basically paying for a day of suffering
yeah, but you get to go a whole day without dealing with clueless dog walkers, cars, and people that don't know how to use their TT bike.
by sandan
Fri Jan 22, 2021 11:37 am
Forum: Personal Finance (Not Investing)
Topic: My bad financial habits
Replies: 64
Views: 5999

Re: My bad financial habits

I'm great with big ticket items... I have no restraint on collecting electronic devices when they go on sale.
by sandan
Thu Jan 21, 2021 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire Parents: Do Your Kids Know You're Rich?
Replies: 194
Views: 11029

Re: Millionaire Parents: Do Your Kids Know You're Rich?

My wife grew up in a 2,400 sq ft house in Pasadena and attended a very fancy private school. When she was a kid, she had a play date and her friend asked her where the rest of her house was. :mrgreen: I think its highly affected by how the rest of the materialistic classmates perceive an individual...
by sandan
Mon Jan 18, 2021 1:47 pm
Forum: Personal Investments
Topic: Late 60s retiring mom...50/50 okay?
Replies: 8
Views: 1727

Re: Late 60s retiring mom...50/50 okay?

If the funds are in a taxable account, it seems like paying off the mortgage would reduce uncertainty and eliminate having to worry about a SWR and finding a perfect asset allocation.
by sandan
Mon Jan 18, 2021 1:30 pm
Forum: Personal Investments
Topic: Millennial - invest in bonds at all?
Replies: 105
Views: 8833

Re: Millennial - invest in bonds at all?

When people say you should be 100% equities because that gives you maximum returns, I always wonder: why stop there? Why not go 120% equities? 130%? 150%? You will not (or should not IMO) be 100% equities long enough for it to make a huge difference over something like 90/10 or 80/20. And as anothe...
by sandan
Sun Jan 17, 2021 6:22 pm
Forum: Personal Investments
Topic: 3.2% SWR for 60 years - 0%, 20% or 33% bonds?
Replies: 58
Views: 5324

Re: 3.2% SWR for 60 years - 0%, 20% or 33% bonds?

Huh? Not sure where you've been but 2020 clearly had a bear market. It depends how you define it. A temporary drop in value of paper money is no substitute for the real McCoy. Very few people went hungry due to the market drop and/or had to liquidate their boats, jewelry, and extra assets at deep d...
by sandan
Sun Jan 17, 2021 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: How to view Austin-suburb housing market?
Replies: 96
Views: 8108

Re: How to view Austin-suburb housing market?

Ugh. My tech company has made the decision to relocate from the DFW area to Austin. I've been asked if I would consider relocation and this thread has me in the firm camp of "work from home is great and sufficient for my current role (salesperson)!" Most of my co-workers that are already ...
by sandan
Sun Jan 17, 2021 11:03 am
Forum: Personal Investments
Topic: 3.2% SWR for 60 years - 0%, 20% or 33% bonds?
Replies: 58
Views: 5324

Re: 3.2% SWR for 60 years - 0%, 20% or 33% bonds?

We started investing around '08 and have slept well with the bear markets... Any thoughts? I'll provide a couple of less than pleasant thoughts that are similar in vein. -There hasn't been a bear market since 2008.. -Planning a SWR for any duration without experiencing a real bear is really tough, ...
by sandan
Sat Jan 16, 2021 11:54 am
Forum: Personal Investments
Topic: Your Thoughts On What To Do With $1.5 Million?
Replies: 59
Views: 7992

Re: Your Thoughts On What To Do With $1.5 Million?

Owe $750K on current home, with 3.5% mortgage. Savings (Index Funds+Cash) : $4.1 million tax deferred, $900K after-tax investments, $250k cash emergency fund. AA of 60/40. slam dunk. pay off mortgage. 30 year treasuries have a 1.8% yield. A risk-free & potentially tax free gain of ~1.7%. the $7...
by sandan
Sat Jan 16, 2021 11:34 am
Forum: Personal Finance (Not Investing)
Topic: How to view Austin-suburb housing market?
Replies: 96
Views: 8108

Re: How to view Austin-suburb housing market?

$400k or $500k seems downright inexpensive to those coming from HCOL areas with their HCOL area salaries, especially at the current rock bottom interest rates. I wouldn't wait for a slowdown because it likely won't arrive anytime soon. I lived in Seattle as it experienced its most recent tech boom....
by sandan
Wed Jan 13, 2021 10:53 am
Forum: Personal Investments
Topic: Is this FIRE plan crazy?
Replies: 19
Views: 3299

Re: Is this FIRE plan crazy?

I'd say the plan is crazy in the sense that you don't know where you will retire and it requires going back to work if the market tanks. I think both need to be resolved for it to be a reasonable plan.
by sandan
Tue Jan 12, 2021 2:54 pm
Forum: Investing - Theory, News & General
Topic: The Most Concentrated Market in 40 Years
Replies: 74
Views: 7490

Re: The Most Concentrated Market in 40 Years

Not sure that 2001 and 1972 were the best times for stock investing... Or 1929... agreed, both figures show the same thing. of course the market is going to be more concentrated when the markets were much less liquid and exchanges were done in person. the paradox is that when the markets get liquid...
by sandan
Sun Jan 10, 2021 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: What are your Lean FIRE, FIRE, and Fat FIRE numbers?
Replies: 213
Views: 16692

Re: What are your Lean FIRE, FIRE, and Fat FIRE numbers?

Ages: 52/58 MCOL area Lean: $50k Healthy: $65 Phat: $80 Not much of a spread, I know, and lack of ability to reduce spending during downturns is somewhat of a concern. 40/45. Similar boat here. For me, the spread is just the amount I would donate or pay people to serve me (which has very fast dimin...
by sandan
Sun Jan 10, 2021 11:19 am
Forum: Investing - Theory, News & General
Topic: $1 million to be spent down $50k/year over 20 years?
Replies: 46
Views: 6008

Re: $1 million to be spent down $50k/year over 20 years?

The concept of I-Bonds are interesting but the annual purchase limit limits the ability to put meaningful money in them, and the govt doesn’t appear to be interested in increasing the limit with inflation, so, in real terms, the annual amount you can put in gets lower every year. I think this imagi...
by sandan
Sat Jan 09, 2021 12:47 pm
Forum: Personal Investments
Topic: Check my Zero ER Portfolio
Replies: 42
Views: 2712

Re: Check my Zero ER Portfolio

You may wish to carefully compare returns of the Fidelity Zero funds with the comparable Vanguard funds and/or the correlated benchmarks. While past returns are no guarantee of future performance, if I am not mistaken, most if not all of the Fidelity Zero funds have lagged the Vanguard equivalents ...
by sandan
Sat Jan 09, 2021 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: The Accumulation of Wealth
Replies: 64
Views: 11443

Re: The Accumulation of Wealth

I think the "balance" might get boring, but the tax and expense consequence of each action keeps getting magnified. So that part seems to grow in "excitement" for me.
by sandan
Sat Jan 09, 2021 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Paid-off House for Retirement Strategies
Replies: 22
Views: 2058

Re: Paid-off House for Retirement Strategies

The 20 year horizon makes the answer simple. Even if your family maintains the same exact taste (which is unlikely) for retirement conditions 20 years from now, migration and aging by others in the community/neighborhood will change in unpredictable ways. If the location is currently "ideal&quo...
by sandan
Thu Nov 12, 2020 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 1367
Views: 183968

Re: How much money do you want to retire?

Glad to hear what we are experiencing is not unusual. I remember five? years ago being told by the planner that we could pull the trigger then and certainly within a year or two. Since then, we blasted by that mark by over 2x and still feel a bit uncomfortable. 2 to 3X lifestyle creep would be affo...
by sandan
Wed Nov 11, 2020 5:52 pm
Forum: Personal Consumer Issues
Topic: New Car Scratch: Fix Completely or Partially?
Replies: 32
Views: 1792

Re: New Car Scratch: Fix Completely or Partially?

For a scratch, I'd do option D. A bottle of touch-up paint from the vehicle manufacturer ($15 or so at the dealer's parts department) and touch it up myself. One bottle will fix several years worth of scratches, rock chips, etc. +1 Basically this is what the shop will be doing for $80 If I knew of ...