Search found 567 matches

by TareNeko
Wed Apr 25, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Adoption assistance from employer
Replies: 0
Views: 180

Adoption assistance from employer

The company I work for does not have child adoption asssitance program. As per IRS code 23(d)(1), employer can help with adoption cost which is tax exempt for me (though I'd pay FICA). Does anyone know if this is tax exempt for the employer as well? I'm thinking of asking my employer to consider ado...
by TareNeko
Wed Apr 25, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: Cost of ownership for midsize SUV/wagon
Replies: 27
Views: 1836

Re: Cost of ownership for midsize SUV/wagon

If you want something that drives like a sedan, get a wagon, which is just a longer sedan. There is no SUV that can drive like a sedan. Not even MINI Countryman. This is only possible if by "drives like a sedan" you mean "doesn't drive like an Escalade". Otherwise, get a wagon. Best sporty wagons ou...
by TareNeko
Thu Apr 19, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 15456

Re: Is Los Angeles a good place long term to live financially?

This is not only shallow, it is also sexist. Please don't objectify woman.
GrayS26 wrote:
Tue Apr 17, 2018 3:55 pm
3. Find a beautiful woman to marry who has a high net worth, and hopefully being in a big city like LA I’d find someone
by TareNeko
Sat Mar 31, 2018 6:49 pm
Forum: Investing - Theory, News & General
Topic: What’s the magic savings rate???
Replies: 50
Views: 6491

Re: What’s the magic savings rate???

I was thinking about this question a bit more. To me, it doesn't make sense to go with a traditional savings rate if you are in higher income group. Saving 15% of your income so that you can retire after working for 40 years does not make any sense. Why do you have to maintain an expensive life styl...
by TareNeko
Fri Mar 30, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: What’s the magic savings rate???
Replies: 50
Views: 6491

Re: What’s the magic savings rate???

So you are saving between 23% to 36%. It is not bad, but for your income level, I think that is on the low side. Let's say 30% goes to taxes, and let's take the average value for your savings (~30%), that means you are spending 40% of your money, which is 90k/year or 7.5k/month. Unless you are payin...
by TareNeko
Thu Mar 29, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 13378

Re: Healthy eaters -- is this grocery budget normal to you?

Regarding eggs being unhealthy. I'm sorry, that just is not true. The problem with using science on diet is the innumerable variables that can effect the results. Back in the day, didn't they use science to show sugar is good for you?
by TareNeko
Thu Mar 29, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 13378

Re: Healthy eaters -- is this grocery budget normal to you?

Are you buying specialty items? Expensive cheese, olives, milk etc? Alcohol? Otherwise I don't know how you could spend that much. We buy mostly organic (may be that's the difference?) and we are hovering around $550-600 for two. Costco has a lot of organic stuff these days.
by TareNeko
Thu Mar 29, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: As a standard employee, I owe a TON this tax season... why?
Replies: 16
Views: 3552

Re: As a standard employee, I owe a TON this tax season... why?

Also, funds have turn-overs. In passive funds this is very limited, but even Vanguard's S&P mutual fund has about 4% turn-over since the companies listed in S&P changes time to time. ..., but as soon as I added my regular lazy 3 fund portfolio tax info it jumped to $22,000. I'm not sure why, I haven...
by TareNeko
Fri Mar 23, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: [Federal Reserve hikes interest rate]
Replies: 34
Views: 4158

Re: Fed raises the fed rate, markets do not look efficient

Well the EMH says that everything is priced correctly, because all the information is baked in the prices. I do get that, but I think this is true in the relative sense, not in the absolute sense because I don't think we can value something with absolute certainty. Also, EMH (even if we take it as r...
by TareNeko
Wed Mar 21, 2018 5:28 pm
Forum: Investing - Theory, News & General
Topic: [Federal Reserve hikes interest rate]
Replies: 34
Views: 4158

Re: Fed raises the fed rate, markets do not look efficient

Markets cannot be 100% efficient at arbitrarily small time frames. In other words, efficiency of the market increases with time frame.

I suggest reading "Misbehaving: The Making of Behavioral Economics" by Richard Thaler.
by TareNeko
Tue Mar 20, 2018 12:08 pm
Forum: Investing - Theory, News & General
Topic: Facebook's slide cost Mark Zuckerberg $6.06 billion in one day
Replies: 42
Views: 4915

Re: Facebook's slide cost Mark Zuckerberg $6.06 billion in one day

Well, he deserves worse.. Greed of this company is pushing moral values.
by TareNeko
Tue Mar 20, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Is buying $50,000 worth of TSLA at this time advisable?
Replies: 46
Views: 3595

Re: Is buying $50,000 worth of TSLA at this time advisable?

If someone is investing based on belief, I guess that's OK. When the premise is wrong, it is easy to justify actions. How is it a good time to buy if a stock is down . I never understood this logic. He advised that since TSLA is down, now is a good time to buy. If you believed a random stock would g...
by TareNeko
Tue Mar 20, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Is buying $50,000 worth of TSLA at this time advisable?
Replies: 46
Views: 3595

Re: Is buying $50,000 worth of TSLA at this time advisable?

How one can know if it is the sale price rather than "closing business, all inventory should go" price? How is it a good time to buy if a stock is down . I never understood this logic. It's better to buy things when they are on sale rather than paying the highest retail price. If you are going to tr...
by TareNeko
Tue Mar 20, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Is buying $50,000 worth of TSLA at this time advisable?
Replies: 46
Views: 3595

Re: Is buying $50,000 worth of TSLA at this time advisable?

How is it a good time to buy if a stock is down. I never understood this logic.
Cainito wrote:
Tue Mar 20, 2018 12:05 am
He advised that since TSLA is down, now is a good time to buy.
by TareNeko
Wed Mar 07, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: Looking for an example of a fund which has beat its index for 30 years
Replies: 93
Views: 9243

Re: Looking for an example of a fund which has beat its index for 30 years

That would be true if the distribution of all returns is Gaussian. I don't think that would be the case, since that would imply investing strategy of actively managed funds is purely random, which it isn't. If the interval is sufficiently brief (e.g. one day,) I imagine nearly 50% of funds would bea...
by TareNeko
Mon Feb 26, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: AC/Furnace Questions- 1 stage or 2 stage?
Replies: 45
Views: 2539

Re: AC/Furnace Questions- 1 stage or 2 stage?

The OP has 135k btu, 80% efficient unit, which puts out 108k btu, when it was new. So probably it is lower than that now. Even buying a 120k btu 96% efficient unit will be too much. I would look into 100k btu, 95+% efficient units. The thing is, the max BTU rating is only useful when you need to hea...
by TareNeko
Mon Feb 26, 2018 10:56 am
Forum: Personal Consumer Issues
Topic: AC/Furnace Questions- 1 stage or 2 stage?
Replies: 45
Views: 2539

Re: AC/Furnace Questions- 1 stage or 2 stage?

The idea of 2-stage and multi-stage furnaces is that they run longer at lower heat output. This way the fan doesn't have to run at high speed, which reduces noise. Also as the furnace runs for longer periods, it helps to maintain more even temperatures. I don't think it makes sense to say why pay 2n...
by TareNeko
Wed Feb 07, 2018 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Selling a mutual fund to buy an ETF
Replies: 6
Views: 520

Re: Selling a mutual fund to buy an ETF

If I remember correctly, you can sell one thing (trade 1) and immediately use the money from unsettled trade to buy something else (trade 2).

The only caveat is, to sell the thing you bought in trade 2, you have to wait for trade 1 to settle.
by TareNeko
Wed Feb 07, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Huge afternoon stock drop on 2.5.2018 and stock raise on 2.6.2018 is caused by mutual fund holders
Replies: 46
Views: 6966

Re: Huge afternoon stock drop on 2.5.2018 and stock raise on 2.6.2018 is caused by mutual fund holders

Very interesting discussion. I find some basic info (see below) but it is still not clear to me when the mutual fund executes the trades it receives. If there were 10 million buy orders and 10 million sell orders, the mutual fund can just exchange ownership between buyers and sellers. But if there i...
by TareNeko
Mon Feb 05, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: Being a Disciplined Investor - How do you avoid temptations?
Replies: 41
Views: 2894

Re: Being a Disciplined Investor - How do you avoid temptations?

Instead of ETFs, buy mutual funds. You can't sell mutual fund instantly to buy something else. That has stopped me from buying individual stocks on a whim.
by TareNeko
Wed Jan 24, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: 50% of my portfolio in FANG - 15% in NVDA
Replies: 64
Views: 6735

Re: 50% of my portfolio in FANG - 15% in NVDA

I'll tell you what I tell my friends who "invest" in bitcoins: You've been lucky, get out while you are ahead. Luck is not a strategy.
by TareNeko
Wed Jan 17, 2018 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Which to Max First: 401k or HSA?
Replies: 13
Views: 1161

Re: Which to Max First: 401k or HSA?

The order shown below is financially best option when one wants to save on taxes. There are some other details though. For instance, you can withdraw your contributions (not earnings) from Roth IRA without penalty before 59 1/2. That may have a value for you. In your case, you should absolutely cont...
by TareNeko
Sat Dec 30, 2017 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 12606

Re: Another should i buy my dream porsche thread...

Of course 911 deserve every single dollar Porsche charges. Nothing drives like 911 or cayman. But the OP is not in the position to buy one yet. He’s not too far I think. If he can wait couple of years, it will be prudent. Although I still maintain my view that buying a 911 to drive 3k/miles and not ...
by TareNeko
Fri Dec 29, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 12606

Re: Another should i buy my dream porsche thread...

Okay big boy, what did you learn from all the input? Are you going to do exactly what you were contemplating? Or did you learn anything from all the advice given? After you slowly told us all the facts, I still think it seems like a bad idea. You have good income, but not enough wealth yet. You’ll d...
by TareNeko
Thu Dec 28, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 12606

Re: Another should i buy my dream porsche thread...

Why not a Cayman then? 991 is big and heavy. Are you going to take this car to track? If not, it is waste of money in my opinion. I still never mentioned why you want this particular car. What is your goal with it? Drive fast on the streets? go to a road course/track? look good in front of friends a...
by TareNeko
Wed Dec 27, 2017 1:52 am
Forum: Personal Finance (Not Investing)
Topic: Miata as second car
Replies: 94
Views: 4497

Re: Miata as second car

How does more weight make a car safer? I own a low mileage 2007 BMW Z4, which I love. I think Miata's are great cars but they only weight about 2300 lbs and I worry about the safety. The Z4 weights about 3100 lbs (about the same as a 2018 Honda Accord). But you are right to be concerned with the Z4 ...
by TareNeko
Tue Dec 19, 2017 11:41 am
Forum: Personal Consumer Issues
Topic: Electric Energy Usage
Replies: 86
Views: 5926

Re: Electric Energy Usage

I would consider ductless heat-pump when the time comes to change your HVAC system. They are more efficient than forced-air type heat-pumps especially at lower temps. Also it is very easy to create zones with ductless system.
by TareNeko
Mon Nov 13, 2017 4:27 pm
Forum: Personal Consumer Issues
Topic: Audiophile Headphones
Replies: 31
Views: 3008

Re: Audiophile Headphones

Well, that's partly because audiophile community likes to spend $500 on a power cable. So a headphone at $100 or any widely known brand cannot be good for an audiophile... :sharebeer I am sure lots of sound engineers use Sony products. But I doubt you will find any famous ones using them. As I said ...
by TareNeko
Mon Nov 13, 2017 12:02 am
Forum: Personal Consumer Issues
Topic: Audiophile Headphones
Replies: 31
Views: 3008

Re: Audiophile Headphones

Another vote for Sony MDR 7506. These are the go to headphones in professional studios. OP: What music system do you have? And what is the format of the music? klangfool has it right. I went through the same buying research years ago and ended up with Sony MDR-7506 headphones, which he linked to. I ...
by TareNeko
Fri Nov 10, 2017 11:12 am
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 278
Views: 40040

Re: Selling all equities, discuss why I'm wrong. :)

I think you are taking bits of information, mixing them in your head, and making extreme decisions. Just because some bogleheads are heavy in equities or small caps or momentum stocks, it doesn't mean that we know nothing about equities, therefore they should be avoided. There are reasons why in the...
by TareNeko
Sat Nov 04, 2017 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: HSA related health care question
Replies: 10
Views: 1193

Re: HSA related health care question

Got it. Thanks. Just be very sure that your wife does not elect to contribute to a general purpose FSA or participate in a general purpose HRA. In most cases those plans can be used to provide coverage to you before the minimum HDHP deductible is met. It doesn't matter whether they actually do or no...
by TareNeko
Sat Nov 04, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: HSA related health care question
Replies: 10
Views: 1193

Re: HSA related health care question

Thank you all for the answers. So by doing this, I gain access to extra $3450 of tax advantaged space. At 25% tax bracket, that's a $862.5 saving. Most employers contribute to HSA to make high deductible plans more appealing. Of course, in that case $862.5 tax saving is reduced, but it is possible t...
by TareNeko
Sat Nov 04, 2017 11:35 am
Forum: Personal Consumer Issues
Topic: Got an iPhoneX
Replies: 157
Views: 13197

Re: Got an iPhoneX

At this point I can't wait for your photo. It sounds like apple made a bespoke small iPhone X and you're the lucky owner:) I gave up. But someone offered to do it for me. We are communicating by PM so stay tuned. Thank you all for your patience with me. The conversation here will help me decide to k...
by TareNeko
Fri Nov 03, 2017 11:59 pm
Forum: Personal Consumer Issues
Topic: Got an iPhoneX
Replies: 157
Views: 13197

Re: Got an iPhoneX

Time to refresh some geometry I guess. Screen sizes are often given as diagonal. Longer diagonal doesn't mean larger screen, since aspect ratio also plays a role. When I looked at this link, the display of the X is larger than the 7 Plus: https://www.apple.com/iphone/compare/ iPhone X: How to view y...
by TareNeko
Thu Nov 02, 2017 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: HSA related health care question
Replies: 10
Views: 1193

Re: HSA related health care question

Great. Thank you. I couldn't find any info for the situation I described, and I was thinking that it should be OK. You will have a family plan HDHP and that is all that is necessary to have the HSA family plan contribution limit. She will not be a eligible individual able to open her own HSA or make...
by TareNeko
Thu Nov 02, 2017 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: HSA related health care question
Replies: 10
Views: 1193

HSA related health care question

I have access to high deductible health care (HDHC) plan through my employer. I max out my HSA contributions and enjoying tax free growth of the account. My wife has a non-HDHC plan through her employer. For next year, I want to add her to my insurance (as a secondary insurance for her). She will st...
by TareNeko
Tue Oct 24, 2017 9:46 am
Forum: Personal Consumer Issues
Topic: Dual Fuel Stoves
Replies: 19
Views: 1486

Re: Dual Fuel Stoves

This is not exactly true. From what I understand, electric oven is better for baking, while gas oven is better for roasting. This is because electric heat is dry, gas heat is moist. The best, by the way, is to have electric oven with water inlet, so it can create more moist heat when needed. So, wha...
by TareNeko
Thu Oct 19, 2017 1:38 am
Forum: Investing - Help with Personal Investments
Topic: Investing in private companies
Replies: 31
Views: 2311

Re: Investing in private companies

I've no such experience. Thanks for clarifying though. I now understand what you mean, and it makes sense. Again, if I do this, it'll be with my own money (same goes to other partners). We won't be getting any loan (personally or through the partnership). You may walk into a bank (or a rich friend's...
by TareNeko
Thu Oct 19, 2017 12:34 am
Forum: Investing - Help with Personal Investments
Topic: Investing in private companies
Replies: 31
Views: 2311

Re: Investing in private companies

Yes, but the organization is an LLC, with no money other than what's invested in the private company. So my personal assets should be fine, right? Let me add that if/when there are multiple people or organizations backing contracts/loans, perhaps with pledged collateral (such as bank accounts, commo...
by TareNeko
Thu Oct 19, 2017 12:26 am
Forum: Investing - Help with Personal Investments
Topic: Investing in private companies
Replies: 31
Views: 2311

Re: Investing in private companies

Unfortunately no. It's in my field (electrical engineering), but very different specialization such that I can only be hired in a very Jr position, if ever. Good idea though. Is there a way to invest your time and talent via a job at this company instead? Directly contributing could be more valuable...
by TareNeko
Thu Oct 19, 2017 12:20 am
Forum: Investing - Help with Personal Investments
Topic: Investing in private companies
Replies: 31
Views: 2311

Re: Investing in private companies

I'm not getting this. I put my money into a partnership. That partnership then puts money into private company X. If private company X goes under, and if it had some debt, are the partnership partners' assets at risk? In your example, you are talking about me going to bank and getting a loan. I have...
by TareNeko
Mon Oct 16, 2017 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in private companies
Replies: 31
Views: 2311

Re: Investing in private companies

That is scary. If we form an LLC or partnership with limited liability partners, wouldn't that protect our personal assets in situations such as this? 2. Personal guarantee of loans, contracts, legal settlement and "joint ans several" - Those lending money to small companies or entering into contrac...
by TareNeko
Sun Oct 15, 2017 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in private companies
Replies: 31
Views: 2311

Re: Investing in private companies

Thanks. This is a bit confusing to me. Especially the bold part. I think we can satisfy $5million (though it depends what's counted as assets). But our sole purpose is to invest in a particular company, which the bold text says can't be done. Aside from the actual company we want to invest, we can i...
by TareNeko
Sun Oct 15, 2017 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in private companies
Replies: 31
Views: 2311

Re: Investing in private companies

If. Do this, I understand that I can loose all of the money I put into this company, and I'm ok with that. The second paragraph is more worrisome though. I don't want to be liable for the debt of company if they go under. Be aware that if you are an investor (even if very small) in such a company AN...
by TareNeko
Sun Oct 15, 2017 12:48 am
Forum: Investing - Help with Personal Investments
Topic: Investing in private companies
Replies: 31
Views: 2311

Re: Investing in private companies

Thank you all for the answers. Yes, this a tech company. No, we won't have 51% share, which is fine. Normally I wouldn't be interested in such an investment. But the ex CEO of the company I'm working for, and bunch of other people that I know formed a tech company. The company is in a field in which...
by TareNeko
Fri Oct 13, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in private companies
Replies: 31
Views: 2311

Investing in private companies

I know that this kind of thing is fraud upon for a boglehead. But assume I have "play" money that I'm willing to loose, and would like to invest in private companies. Do I need to be accredited investor to invest in private companies? And what happens if group of people pool their resources? How sho...
by TareNeko
Mon Oct 02, 2017 10:24 am
Forum: Investing - Theory, News & General
Topic: Current Bull Market could last years
Replies: 89
Views: 11175

Re: Current Bull Market could last years

Prettybogle, I have read few of your posts (including the desire to buy expensive house, and investing in Tesla), I really think you need to get more informed about finance and investing. I hope you won't take this the wrong way, but based on your posts, you lack even the simplest understanding of f...
by TareNeko
Mon Sep 25, 2017 10:33 am
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 13559

Re: Lifestyle Creep

For years we are 2 income family and have done a good job of controlling the big expenses - our house is modest for our income and the most we've ever spent on a car is $24 and we tend to run them to the ground. Wow... I wish I could figure out how to get a car for $24! It was a typo; he meant $24 ...