Search found 59 matches

by ChowYunPhat
Wed Jul 04, 2018 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Individual tech stock - what would you do?
Replies: 9
Views: 570

Re: Individual tech stock - what would you do?

Iowa David, thanks for posting this. Interesting questions. Would help for the forum to know the following: 1. Your AGI, married filing jointly? There are absolute income limits which the IRS uses to set caps on certain things like Roth and 401K contributions and will give an idea of potential sale ...
by ChowYunPhat
Sat Jun 30, 2018 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 10777

Re: Feel like I'm sinking money into international

I am with you on this, and have tilted towards US stocks for the past 5-6 years. This is personal preference but seems to have worked out for me thus far. However, I won't be surprised if the Int'l investing community has an "i told you so" moment in the near future :wink: FWIW, one of my favorite B...
by ChowYunPhat
Sat Jun 30, 2018 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Software Quicken 2017 Online Version or PC based] , Personal Capital, Mint, or QuickBooks?
Replies: 15
Views: 2441

Re: Personal Finance Software Quicken 2017 Online Version or PC based] , Personal Capital, Mint, or QuickBooks?

I've used all of these products except Quickbooks, and each served me well depending on the season of life. Mint – my choice application for budgeting. -Setup custom categories similar to Quicken, very flexible. -Excellent budget functionality as well as wealth tracking -Email alerts for events -Goa...
by ChowYunPhat
Sun Jun 24, 2018 11:30 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 161
Views: 14716

Re: Did you celebrate when you finally hit $1m?

$1m is probably the biggest mark one can hit, and while nothing changes, I feel like it deserves a very big pat on the back. Most of mine will be with myself internally as I don't like to spend too much but will make an exception here, even if it did temporarily put me under again. That will be mor...
by ChowYunPhat
Sat Jun 16, 2018 6:09 am
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 179
Views: 37597

Re: Bogleheads, tell me about your 40's?

This has been a great thread and appreciate all of the posters. I'm currently in my early 40s and enjoying life more than ever. On career: I'm fully confident in my career and have found my way into a company I respect, with leaders I want to follow, and compensation that more than fairly rewards my...
by ChowYunPhat
Fri Jun 08, 2018 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Help requested for my FIRE framework...What am I forgetting?
Replies: 13
Views: 1439

Re: Help requested for my FIRE framework...What am I forgetting?

Steve, Welcome to the forum and thanks for posting with some transparency. It can be tough to put yourself out there. Agree with ExitStageLeft that you are on a great path, have lived conservatively / frugally, and probably don't carry a lot of financial stress. My wife convinced me to leave a job t...
by ChowYunPhat
Sun Jun 03, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 16799

Re: Top Shelf Liquor Overrated?

Glad to see another Laphoaig fan! Best of the Islays. And while I much prefer, and occasionally splurge for, the Triple Wood, their 10 year is, in my opinion, the best Scotch you can buy in it’s price range. You are clearly a refined individual AerialWombat :D ! Triple Wood is also excellent as wel...
by ChowYunPhat
Sat Jun 02, 2018 9:25 pm
Forum: Personal Consumer Issues
Topic: Enterprise vs Avis
Replies: 43
Views: 2597

Re: Enterprise vs Avis

I use the cheapest place. Last time was Avis, 9-day rental in San Jose was $244 including taxes and fees. Sometimes it is Enterprise. Sometimes something else. That. You can usually find better deals further in advance. We booked our last rental 6 months in advance and it was roughly 50% what the p...
by ChowYunPhat
Sat Jun 02, 2018 9:14 pm
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 4043

Re: Friends with an EJ Advisor

Though my various advisory relationships have been less than optimal from a Boglehead perspective, I found that if I just kept an open mind that I would learn something. That. I appreciate the thoughtful response NedSaid and agree with your points. Nearly all financial advisors who have prospected ...
by ChowYunPhat
Sat Jun 02, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about RSUs and asset allocation
Replies: 12
Views: 964

Re: Thinking about RSUs and asset allocation

Congrats on the RSU award(s) inforapenny. Always nice to have incentive comp / RSUs as it's a sign your company wants to keep you around for a while. I think most of the time any single investment of >5%-7% of your entire portfolio does reflect some concentration risk. Previous posts covered this so...
by ChowYunPhat
Sat Jun 02, 2018 8:26 pm
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 4043

Re: Friends with an EJ Advisor

I think I touched a sensitive nerve with some posters when it comes to EJ. Not trying to lead anyone down a harmful path and I'll try to clarify further. :happy My wife and I invest through Vanguard and Fidelity exclusively, utilize no-load index funds, dollar cost averaging, and simplified portfoli...
by ChowYunPhat
Sat Jun 02, 2018 7:46 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 16799

Re: Top Shelf Liquor Overrated?

We tend to buy the cheap stuff with a few exceptions. One of our few indulgences is Laphroig scotch. There is an excellent 10 year bottle which is good value typically priced in the $40-$50 range....really peaty and a distinct flavor unlike most of the scotch I've tried. Buy and drink what you like,...
by ChowYunPhat
Sat Jun 02, 2018 7:25 pm
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 4043

Re: Friends with an EJ Advisor

Why in the world would you send your wife to EJ advisor for financial advice? A fair question Dottie57 and an explanation is worth sharing. This EJ advisor is a dear friend, and more importantly there would be parameters in place before such an arrangement would be struck (he offers fee based servi...
by ChowYunPhat
Sat Jun 02, 2018 6:48 pm
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 4043

Re: Friends with an EJ Advisor

I'm probably an outlier here. If you are confident in your approach there is no harm leaning into the discussion or doing a dinner / meet up. You've been forthcoming with him so his expectations should be in line. You never know where your next great friendship may come from. I had a similar EJ frie...
by ChowYunPhat
Sat May 12, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24896

Re: Lucrative careers?

For someone targeting a 4-5 year degree, I'd recommend: CPA / Accounting - will always be in demand (death and taxes). Large accounting firms have partner-path careers where $200K+ not uncommon for most the successful. Services are needed in every town across America. Petroleum Engineering - highly ...
by ChowYunPhat
Fri Mar 30, 2018 11:22 am
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 9849

Re: What is the endgame for Millennials?

Gen Xer here. Came out of grad school right when the dot com bust happened and very few prospects at that time. My 20s were basically awash with very little savings to show. Marriage and staying with a job that became a career really helped...it's tough making it on your own and can see that hasn't ...
by ChowYunPhat
Sun Mar 18, 2018 8:29 am
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEADS CONFERENCE SOLD OUT
Replies: 109
Views: 24436

Re: 2018 BOGLEHEADS CONFERENCE SOLD OUT

Apologies as my response came across a bit harsh. I didn't realize the participation cap was set with Mr Bogle in mind. That's appreciated. Appreciation to the organizers as well...I know it takes work to pull together a conference event and keep things fresh. My frustration lies with the inability ...
by ChowYunPhat
Sat Mar 17, 2018 10:51 am
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEADS CONFERENCE SOLD OUT
Replies: 109
Views: 24436

Re: 2018 BOGLEHEADS CONFERENCE SOLD OUT

Hmmmm....it seems there is a pattern forming. If the conference is sold out every year, need to find a more appropriate venue to increase participation. I'd like to go, and there is no good reason why we shouldn't be able to accommodate. The combined intelligence of the forum is astounding and if we...
by ChowYunPhat
Sun Mar 04, 2018 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Do you rent even if you can afford to buy?
Replies: 82
Views: 10200

Re: Do you rent even if you can afford to buy?

I kind of feel like the outlier on the thread, but we have been home owners since marriage of 11 years. My employer absorbed the transaction costs in our latest move, on both selling our old house and buying the new one so the math works a bit better. My wife and I also enjoy home renovation, landsc...
by ChowYunPhat
Sun Mar 04, 2018 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct incorrectly handling Roth recharacterizations
Replies: 15
Views: 1517

Re: TaxAct incorrectly handling Roth recharacterizations

I used Taxact and it took them a while to eventually load their 8606 and some of their 1099 forms. If you entered before the finalized forms were eventually loaded, you may have to delete the old data and reload. This was an annoyance but deleting the data and re-entering seemed to do the trick. Goo...
by ChowYunPhat
Sat Feb 17, 2018 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 12125

Re: What has been your most important skill in achieving financial independence?

sonofdelrinson, it feels like you're on the way already. With your savings rate and willingness to "measure" progress you are all but guaranteed to make it. :sharebeer A lot posters have covered this already, but some of the things that have helped my family immensely in this regard include: -Marryi...
by ChowYunPhat
Sat Jan 27, 2018 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Here's my net worth....I max everything out.....now what?
Replies: 64
Views: 12198

Re: Here's my net worth....I max everything out.....now what?

Welcome to the forum RangerHD and glad to hear you are not satisfied with the success you've already enjoyed. It takes a lot of hard work to be as productive as you've been thus far in life. Bravo. Agree with many of the other posters on managing your excess cash and CDs once they mature. Recommend ...
by ChowYunPhat
Fri Jan 26, 2018 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Software Recommendations
Replies: 28
Views: 2122

Re: Tax Software Recommendations

I've used TaxAct and Taxcut. Occassionally I hire taxes out to CPA depending on what took place during the year. However, I'll continue to use TaxAct as I've had a good experience with the product and never any issues with Federal or State filings. Price is typically competitive as well.
by ChowYunPhat
Thu Jan 25, 2018 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: fidelity visa- is opening bonus worth it over Citi?
Replies: 35
Views: 2209

Re: fidelity visa- is opening bonus worth it over Citi?

I've had the Fidelity visa for about a year. No complaints thus far but I haven't tried dialing up customer service yet.

Besides the immediate 2% cash back, the integration with the Fidelity website is a big plus. I can click over to my credit card detail from my brokerage account page.
by ChowYunPhat
Sun Jan 21, 2018 7:57 am
Forum: Local Chapters and Bogleheads Community
Topic: My daughter got her dream job [Proud Papa]
Replies: 40
Views: 4940

Re: My daughter got her dream job

Awesome news Stemikger! What a great accomplishment for both her and you and reason to celebrate. Reading between the lines there was a significant amount of hard work and life lessons taking place across the family over the last 6 years. :sharebeer
by ChowYunPhat
Fri Jan 19, 2018 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Mint vs Personal Capital
Replies: 19
Views: 3036

Re: Mint vs Personal Capital

I have used both apps and prefer Mint for budgeting and PC for pretty much everything else. Over time, I was spending too much time on the apps so had to cut one, and decided to stop using Mint. PC works great for most of what I want to do, and I can drill into transactions more easily although the ...
by ChowYunPhat
Wed Jan 17, 2018 12:46 pm
Forum: Personal Consumer Issues
Topic: Car accident - was directed to sign release
Replies: 71
Views: 5544

Re: Car accident - was directed to sign release

Take other posters' advice and call a lawyer. I've been through 3 accidents where there was medical issues in play, and from experience you always want a lawyer involved to help with paperwork and ensure opposing insurers behave. Trust me when I say you do not want to DIY an auto accident that has a...
by ChowYunPhat
Sat Jan 13, 2018 7:14 am
Forum: Personal Consumer Issues
Topic: What journalism are you currently reading?
Replies: 12
Views: 958

Re: What journalism are you currently reading?

Most days I will usually skim google news, and drill into stories that catch my eye. I also enjoy reading ZeroHedge.com or on my RSS feed....occasionally very smart economic and financial insights, with a usual dose of sarcasm.
by ChowYunPhat
Tue Jan 02, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Embarrassment Preventing Retirement Work: A factor for you?
Replies: 133
Views: 13957

Re: Embarrassment Preventing Retirement Work: A factor for you?

Cruise, love the post and thanks for bringing this up. I'm still in my working years but enjoy thinking through this topic from time to time. Motivation seems to be a very important factor here and I would encourage you to think through this piece. Would also be interested in your perspective on the...
by ChowYunPhat
Sun Dec 31, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Two-comma club just in time for the New Year, and thank you
Replies: 47
Views: 5189

Re: Two-comma club just in time for the New Year, and thank you

Congrats Luminous! An awesome accomplishment and enjoy the moment. Your hard work and focus has paid off. The second should come even faster, and keep up the good work.
by ChowYunPhat
Tue Dec 05, 2017 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Parents at Thrivent...quick Q&A on transitioning to Vanguard
Replies: 0
Views: 238

Parents at Thrivent...quick Q&A on transitioning to Vanguard

My parents have three accounts at Thrivent (sigh) which we've agreed to move over to Vanguard for simplicity and potential cost savings. The decision has been made and my parents are behind the decision, but I'm doing most of the leg work and wanted to ensure I didn't miss any steps. I'm not looking...
by ChowYunPhat
Mon Nov 20, 2017 6:34 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle, the world's richest man
Replies: 25
Views: 5632

Re: Jack Bogle, the word's richest man

I'm so thankful for Jack Bogle, and wonder why there aren't other "mutual" mutual fund companies of such scale. Other billionaires may be generous, but none sought to enrich the common man from the outset and for this we should hold Jack Bogle with special regard. I tremble at the thought of the inv...
by ChowYunPhat
Sat Oct 14, 2017 7:33 pm
Forum: Investing - Theory, News & General
Topic: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston
Replies: 35
Views: 7062

Re: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston

My family and I just moved to Houston in June and decided to rent for the first year as we didn't know the market. Our rental home flooded over 3ft as a result of Harvey and we lost most of our personal property but are fortunate to not have to deal with the home. Many other families did not make ou...
by ChowYunPhat
Thu Oct 05, 2017 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 13121

Re: Millionaire Next Door (Thank you Bogleheads)

Congratulations! This is a great feeling and it's great that you can celebrate with fellow BHs. Keep staying the course and watch out for lifestyle creep. It's OK to celebrate a little though :sharebeer

It's a great reminder to me and others why we stay focused. Keep up the great work!
by ChowYunPhat
Mon Sep 18, 2017 6:27 am
Forum: Personal Finance (Not Investing)
Topic: Auto insurance claim - Hurricane Harvey
Replies: 7
Views: 705

Re: Auto insurance claim - Hurricane Harvey

RM and DM200, thanks for your posts. At this time we are probably $2K-$3K a part. While it doesn't sound like much every penny is meaningful at this time of our life. We had the auto policy written out of state so difficult to exert an "in person" influence in this situation. However, we'll make a g...
by ChowYunPhat
Mon Sep 18, 2017 6:24 am
Forum: Personal Finance (Not Investing)
Topic: Auto insurance claim - Hurricane Harvey
Replies: 7
Views: 705

Re: Auto insurance claim - Hurricane Harvey

Many companies will pay cash compensation for a rental vehicle if one is not available, but it is usually at a reduced rate. You may also be able to "borrow" a vehicle from a relative and be compensated from your rental coverage. For value, ask how the value is being determined, and then do a littl...
by ChowYunPhat
Mon Sep 18, 2017 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Auto insurance claim - Hurricane Harvey
Replies: 7
Views: 705

Re: Auto insurance claim - Hurricane Harvey

RudyS wrote:
Sun Sep 17, 2017 4:22 pm
Try posting on their Facebook page, or using the contact link on their page to get to someone who might be more responsive.
Thanks for this suggestion RudyS. I will give this a try.
by ChowYunPhat
Sun Sep 17, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Auto insurance claim - Hurricane Harvey
Replies: 7
Views: 705

Auto insurance claim - Hurricane Harvey

Hello fellow Bogleheads. One of our vehicles was a total loss due to Hurricane Harvey. We are in transition and attempting to recover value from the lost vehicle through our insurance company, Liberty Mutual. We currently have 2 differences of opinion with the insurer: 1. We have an auto rental bene...
by ChowYunPhat
Sat Sep 09, 2017 6:56 am
Forum: Personal Consumer Issues
Topic: Hurricane Harvey relief?
Replies: 42
Views: 4014

Re: Hurricane Harvey relief?

I highly recommend Houston Pets Alive as a Houston resident. My family and I were displaced by the Hurricane (home and things destroyed). We had to work hard to avoid FEMA shelters during our escape as they automatically separate you from your pets and send them to shelters (and then likely euthaniz...
by ChowYunPhat
Sun Aug 13, 2017 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: How does personal wealth affect job hunting?
Replies: 57
Views: 8299

Re: How does personal wealth affect job hunting?

Absolutely. In fact, I would say the BIGGEST reason to be wealthy is NOT to finish the game as quickly as possible, but to have the option of choosing what, where, when, and how you choose to work for as long as you want. Good luck. Staythecourse hit upon the heart of this question. I work for mega...
by ChowYunPhat
Sat Aug 12, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: When does renting make sense
Replies: 112
Views: 11788

Re: When does renting make sense

It's interesting in Houston as there is no state employment taxes but that revenue is made up for in property taxes. I rent a single family home, but just relocated to the area and probably would have rented anyway. It's curious as the annual property taxes on my single family home (rental) are in t...
by ChowYunPhat
Wed Aug 09, 2017 2:31 am
Forum: Personal Finance (Not Investing)
Topic: Donor advised fund at Vanguard or elsewhere?
Replies: 49
Views: 5078

Re: Donor advised fund at Vanguard or elsewhere?

Either woule be fine. I use fidelity. None of then will let you hold 3rd party funds, but obviously they would accept the shares. Donate the shares to the daf and choose one of the investment options. Fido has institutional plus index funds. Agree with TJ here. I have both FIDO and Vanguard taxable...
by ChowYunPhat
Wed Aug 02, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: 100K milestone - Thank you BH!
Replies: 15
Views: 2337

Re: 100K milestone - Thank you BH!

Congrats RRAAYY3!!! Awesome accomplishment and I know that feels good. Keep up the good work and don't be discouraged as the market ebbs and flows.

Would also echo what other respondents have shared that the first $100K is the hardest. $250K is next!
by ChowYunPhat
Sun Jul 23, 2017 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: What's your personal savings rate?
Replies: 135
Views: 14495

Re: What's your personal savings rate?

Very similar to a few other posters. Currently around 59% of gross. I hadn't calculated this for recent memory but really cool to see what controlling lifestyle inflation can provide as your income increases (slightly) over time. Bringing forward the FI date.... Savings goes to: 401K - Maxed HSA - M...
by ChowYunPhat
Fri Jul 14, 2017 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 14245

Re: Do you count vehicle equity in net worth?

I tend to count vehicles. They are liquid assets, as I can dispose of these in a number of way with little issue. While I still need a vehicle for transport, one could also argue you need a place to live and most would argue it's OK to count the equity in your home (a far less liquid asset). At the ...
by ChowYunPhat
Sat Jul 08, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: How are you a leader in personal finance?
Replies: 29
Views: 3785

Re: How are you a leader in personal finance?

My wife and I are very involved in the lives of our nieces and nephews, and as they've grown up and started businesses or careers of their own we've had the opportunity to speak financial wisdom into their lives. You can't make life decisions for others, but you can help lead them to good decisions ...
by ChowYunPhat
Sat Jul 08, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Help me with potential new job situation
Replies: 13
Views: 1301

Re: Help me with potential new job situation

sksbog - congratulations on your decision and the upcoming process. It is clear you have valuable skills to orchestrate the situation you're in and I'm sure you're taking steps to be well prepared for the upcoming conversations. Lots of good advice provided by previous posters too. I recently went t...
by ChowYunPhat
Thu Jul 06, 2017 8:32 pm
Forum: Personal Consumer Issues
Topic: What do you splurge on?
Replies: 133
Views: 14223

Re: What do you splurge on?

1. Laphroig 10 year and other Isla scotches. Nothing like it shared with a friend on a leisurely Saturday. 2. Enjoy the experience of eating out with my wife at a nice restaurant occasionally Those are my treats....we're basically cheap when it comes to housing and cars, but have plenty of space and...
by ChowYunPhat
Tue Jul 04, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: Recommendations for a credit card/good hotel brand combo
Replies: 20
Views: 2232

Re: Recommendations for a credit card/good hotel brand combo

Have a Hilton Honors surpass Amex card and has been great. Very large point multiplier bonuses for hilton(12X), gas station(6X), supermarket(6X), and restaurants(6X) but based on 3X bonus for all other purchases I place other charges on my Fidelity Elan card which is a 2% cash back card. If you trav...
by ChowYunPhat
Tue Jul 04, 2017 9:56 am
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 19018

Re: Bogleheads: you should be buying 10-year old cars

I have a 2010 Hyundai Elantra I bought slightly used. Runs well and the styling isn't terrible. I'm not a car guy but I'd at least like to be comfortable with a functioning A/C and radio, and value reliability --- 70K miles and only oil changes thus far. Will probably stick with this model going for...