Search found 41 matches

by alpha88
Sat Jun 06, 2020 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford 600k house?
Replies: 95
Views: 8815

Re: Can we afford 600k house?

I realize we'll need to cut back on retirement for now but we've been saving to eventually buy a nice house to raise our family in long term. Can we afford this house? Yes, I don't think you''ll have trouble making ends meet, etc - but I think you may be "house poor". I don't think this is necessar...
by alpha88
Fri Jun 05, 2020 8:26 pm
Forum: Personal Investments
Topic: TSP Investor: Timed the drop - getting back to normal AA
Replies: 9
Views: 705

Re: TSP Investor: Timed the drop - getting back to normal AA

On 26 Feb I moved my TSP AA from 80/20 (Stocks/G-fund) to 20% stocks, 80% G fund, missing much of the worst of the downturn. I also set my bi-weekly contributions to a 100% equity contribution of C, S and I @ 60% C, 15% S, and 25% I funds when I made this move. I could be mistaken, but I believe my...
by alpha88
Fri May 15, 2020 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance cash out to pay off student loan?
Replies: 11
Views: 706

Re: Refinance cash out to pay off student loan?

Have you thought about refinancing your student loans? I refinanced mine a few years ago to ~2% variable and now they are down to 0.91% I havent seen any rates nearly as good. I have gotten quote for 3.5-4% but with the fed student loan at 0% interest rate temporarily, I am not in a rush to refinan...
by alpha88
Thu May 14, 2020 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance cash out to pay off student loan?
Replies: 11
Views: 706

Re: Refinance cash out to pay off student loan?

Have you thought about refinancing your student loans? I refinanced mine a few years ago to ~2% variable and now they are down to 0.91%
by alpha88
Sun Mar 22, 2020 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Upside down car: advice [car loan]
Replies: 57
Views: 3003

Re: Upside down car: advice

Should I advise him to suck it up for 3 more years and pay it off, or to sell the car at a loss, pull a loan to cover the amount that’s underwater and buy for himself a used $5,000 car? Beside the car situation, he has no debt, and I believe his credit is fair, in the 600ish range. Thanks This soun...
by alpha88
Mon May 27, 2019 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE in 6-7 years vs 20+ years
Replies: 44
Views: 5382

Re: FIRE in 6-7 years vs 20+ years

Here's my advice, as a practicing physician - 1. Working as an attending is significantly more satisfying and also much easier (in terms of stress, hours, effort, etc) than being a resident. I'd expect everything to be completely different for you two once you're in practice. 2. If burnout is still ...
by alpha88
Wed Mar 13, 2019 3:24 am
Forum: Personal Investments
Topic: Should we pay down 4% loan more quickly or invest in bonds?
Replies: 42
Views: 3526

Re: Should we pay down 4% loan more quickly or invest in bonds?

I'm in or was in a similar boat. I refinanced down to a 7 year variable loan at around 3% and paid it off fairly aggressively from ~350k to 200k over the first two year. I'm looking at refinancing it again to a 5 year variable loan at around 2.5% I may be wrong in my thinking, but with a longer term...
by alpha88
Sun Mar 10, 2019 9:23 pm
Forum: Personal Investments
Topic: Investing large sum, wait or buy?
Replies: 14
Views: 1504

Re: Investing large sum, wait or buy?

I'd first make sure that you have a sound investment plan, and understand the risks and expectations that come along with your plan.

Once you have that, I advise going in lump sum, rather than trying to time your entry.
by alpha88
Sun Mar 10, 2019 9:05 pm
Forum: Personal Investments
Topic: Help with my Asset Allocation (and 10 year update)
Replies: 5
Views: 562

Re: Help with my Asset Allocation (and 10 year update)

If you continue to have a SEP -IRA and a Roth, you can likely make any adjustments tax free. I don't have any objections to your portfolio, I would just emphasize that you place your bond allocation in your tax deferred account and keep your Roth in stocks. You seem to be heading away from target r...
by alpha88
Sun Mar 10, 2019 9:03 pm
Forum: Personal Investments
Topic: Spouse wants to buy individual stocks
Replies: 77
Views: 6781

Re: Spouse wants to buy individual stocks

I'd try to determine if this is a hobby or if it's how he plans to fund retirement. If its the latter, then I like averagedude 's idea - and hopefully either stop doing it or turn it into a hobby. I also have no idea what is workplace or social circles are like, but if coworkers and peers are always...
by alpha88
Sun Mar 10, 2019 7:56 pm
Forum: Personal Investments
Topic: Help with my Asset Allocation (and 10 year update)
Replies: 5
Views: 562

Re: Help with my Asset Allocation (and 10 year update)

Thank you dcabler - Re: Small Cap Blend Must be my dyslexia - should be SCV still. I'll edit the post. I've considered 3 fund portfolio, and I'd certainly listen to arguments for it. In my head, I think I don't really need the stability of bonds (yet) - just going to 15% is already doubling my expos...
by alpha88
Sun Mar 10, 2019 3:18 pm
Forum: Personal Investments
Topic: Help with my Asset Allocation (and 10 year update)
Replies: 5
Views: 562

Help with my Asset Allocation (and 10 year update)

Hello I'm looking for opinions regarding my asset allocation. I made a post about 10 years ago to the same effect. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=13281 Overall I think Iv'e done well. I have continued to save / invest. I was in all equities in 2008 and didn't sell (or lose slee...
by alpha88
Mon Aug 21, 2017 2:35 pm
Forum: Personal Investments
Topic: Bitcoin Cash (BCC) - Best Wallet, Exchange, etc.
Replies: 6
Views: 1587

Re: Bitcoin Cash (BCC) - Best Wallet, Exchange, etc.

https://coinmarketcap.com/currencies/bitcoin-cash/#markets There are much bigger ones but I use Kraken since it is San Francisco based and the founders have strong ties to America so I believe they will not flee with the money. I'll just warn you that I used to use cryptsy.com for the same reason.
by alpha88
Mon Aug 21, 2017 1:47 pm
Forum: Personal Investments
Topic: Bitcoin Cash (BCC) - Best Wallet, Exchange, etc.
Replies: 6
Views: 1587

Re: Bitcoin Cash (BCC) - Best Wallet, Exchange, etc.

It really depends on what your goals are. Are you trying to buy some now (and save it for later to hope it increases in value)? If so, then you probably want some sort of cold storage (such as a hardware wallet). If you're not familiar with this, it may not be best to invest just yet. Are you just t...
by alpha88
Tue Aug 15, 2017 9:18 am
Forum: Personal Investments
Topic: Question about market timing the current market
Replies: 27
Views: 2246

Re: Question about market timing the current market

In my (humble) opinion- this really isn't market timing. Right now, I think he has a very reasonable asset allocation for preservation. I think given his circumstances, he's investing wisely. If the stock market does drop dramatically (say 30+% drop), and THEN he increases his equity exposure, THAT ...
by alpha88
Tue Jul 04, 2017 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Insurance Cover a Fractured Zygoma?
Replies: 15
Views: 3109

Re: Medical Insurance Cover a Fractured Zygoma?

PM sent, but to summarize, if you have insurance and the surgeon/facility is in-network, it should be covered. Cosmetic here is does not mean the same as cosmetic surgery for aesthetic enhancement.
by alpha88
Sat Oct 25, 2008 11:03 pm
Forum: Investing - Theory, News & General
Topic: Puzzle: The Vacillating Investor
Replies: 3
Views: 1104

Teddy.
by alpha88
Fri Oct 24, 2008 5:16 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA: tax-free forever?
Replies: 20
Views: 3472

The addition of a federal sales tax is the only way I can imagine the government taxing our Roth IRAs.
by alpha88
Thu Oct 23, 2008 9:18 pm
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1498
Views: 712728

Mr. Market Timer: I enjoy reading your posts, and I've considered a similar strategy. I'm a medical student, so I'm fairly comfortable with debt, and I'd like a larger equity exposure than I have in spare cash. Hopefully the market will start to turn around, and everyone will realize stocks are chea...
by alpha88
Sun Oct 12, 2008 12:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. vs Rest of World?
Replies: 13
Views: 2424

I think Wilshire5000, but mostly because of currency.
by alpha88
Mon Aug 04, 2008 10:23 am
Forum: Investing - Theory, News & General
Topic: FDIC should insure all bank deposits without limit?
Replies: 21
Views: 4020

I think the FDIC limit should be raised to somewhere along the lines of 500k, and people should have the option of paying for additional FDIC insurance.
by alpha88
Fri Jul 25, 2008 12:41 am
Forum: Investing - Theory, News & General
Topic: What if the market crashes???
Replies: 43
Views: 9212

In addition, to all the other advice here, I'd like to add this piece of wisdom. When you are investing in stocks (hopefully through an index fund), you own a fraction of a company. So, if you invest $5000 dollars, and then it goes down to $1500, you didn't lose $3500 dollars. You still own the same...
by alpha88
Fri May 30, 2008 6:49 pm
Forum: Personal Investments
Topic: Another 25-year Old Requests Investment Help
Replies: 16
Views: 3917

Your portfolio looks similar to mine, except for the emerging markets. My portfolio is currently: 25% ($5000) Large Cap stocks 25% ($5000) International (VEU) 20% ($4000) Mid Cap (VO) 20% ($4000)Small Value (VBR) 10% ($2000) REIT (VNQ) The next $5k (January '09) will be $2k VWO and $3k TSM or SP500,...
by alpha88
Wed Apr 23, 2008 10:41 pm
Forum: Investing - Theory, News & General
Topic: What Did Your Gas & Groceries Cost One Year Ago ?
Replies: 61
Views: 14592

I'm in med school.

The price of beans, mac+cheese, tuna, frozen chicken and fresh fruit hasn't appeared to change much for me.
by alpha88
Fri Apr 11, 2008 8:20 pm
Forum: Investing - Theory, News & General
Topic: "Oil just as likely to go down as up"
Replies: 18
Views: 3186

I'd also like to point out that this reasoning sounds similar to:

There is a finite amount of good land (ie, Southern California)
The demand for land is growing.

The prices will always go up.
by alpha88
Fri Apr 11, 2008 7:25 pm
Forum: Investing - Theory, News & General
Topic: "Oil just as likely to go down as up"
Replies: 18
Views: 3186

I'm pretty sure I'm not in a government camp, and I'm hanging on to my Exxon stock.

I just dont think it's a great investment, especially long term.
by alpha88
Fri Apr 11, 2008 7:18 pm
Forum: Investing - Theory, News & General
Topic: "Oil just as likely to go down as up"
Replies: 18
Views: 3186

Alternative posibilities: a) We find a huge surplus of oil somewhere or technology on how to extract more from elsewhere. b) We figure out how to make oil on their own. (And way better than the bio-ethanol way). c) Alternative power supplies (ie Nuclear / Fusion) or better ways of distributing power...
by alpha88
Sun Apr 06, 2008 9:58 pm
Forum: Investing - Theory, News & General
Topic: Real Homes of Genius
Replies: 10
Views: 3104

"you can expect a whopping rental income of $700 a month." I live in southern california and I would love to rent a 3 bedroom for $700 a month. My two bedroom apartment is $1300 and I have a great deal. Edit: Ok, looking at the picture, that place is a dump, but with 100k of repairs, it would probab...
by alpha88
Sun Apr 06, 2008 1:25 am
Forum: Investing - Theory, News & General
Topic: Behavior Finance Poll...What would you do?
Replies: 17
Views: 4142

If I were interested in actively managing / developing the business, then I'd hang on to my shares, but since I'm not -

I'd probably sell shares to keep them under 75% of my networth.
by alpha88
Sun Mar 30, 2008 12:53 pm
Forum: Personal Investments
Topic: Master Limited Partnerships - Are They Safe?
Replies: 8
Views: 2083

What about CANROYs?
by alpha88
Fri Mar 28, 2008 5:02 pm
Forum: Personal Investments
Topic: help on 401-K --I know this isn't ethical, is it even legal?
Replies: 10
Views: 2481

I've got a few reasons that follow what strafe wrote: (D) We are taught to trust the advice of other professionals - to work as a team instead of trying to take care of or double checking every detail ourselves. We're very trusting and financial salesmen are really good at taking advantage of that -...
by alpha88
Sat Mar 15, 2008 9:41 pm
Forum: Personal Investments
Topic: Emergency Money Fund
Replies: 11
Views: 2571

I plan on having a similar emergency fund at some point as well.

I'm not really worried about the plain old, "I lost my job, have no income" type of emergency.

I'm concerned about identity theft, fraud, or mistakes that result in my accounts being frozen or drained.
by alpha88
Fri Mar 07, 2008 3:47 pm
Forum: Personal Investments
Topic: How much of your portfolio is taxable?
Replies: 8
Views: 2439

I'm about 50/50.

Roughly 50% in Roth, 50% in Taxable. (I'm 24, student)
by alpha88
Tue Mar 04, 2008 5:43 pm
Forum: Personal Investments
Topic: Muni Supply = 40% of 2007 total
Replies: 10
Views: 2707

What about something like VCAIX or VCITX (California Muni bond funds) for a CA resident?
by alpha88
Mon Mar 03, 2008 1:45 am
Forum: Personal Investments
Topic: FTSE All World ETF or Fund?
Replies: 7
Views: 2252

When I buy ETFs, I set a limit order that is below current price / last night's close. In my experience, my order is usually filled at a price that is slightly lower than NAV. I haven't kept track to see how much I've lost on the days it didn't get filled and had to buy it for more later, but I thin...
by alpha88
Thu Feb 21, 2008 10:08 am
Forum: Personal Investments
Topic: Picking a Fidelity Money Market
Replies: 12
Views: 3889

Most likely, FSLXX will be your best bet.

If you are in a high tax bracket, and have a high state tax, then a tax-free muni from your state could be better.
by alpha88
Wed Feb 20, 2008 5:49 pm
Forum: Personal Investments
Topic: Help with my Asset Allocation
Replies: 5
Views: 1701

Yes, I expect to be in a high tax bracket. (I also expect taxes to rise)

Now, I just need to decide if I should use ETFs or a standard Vanguard Mutual Fund account for my taxable account (for TSM and FTSE All-World ex-US)
by alpha88
Tue Feb 19, 2008 3:04 pm
Forum: Personal Investments
Topic: Help with my Asset Allocation
Replies: 5
Views: 1701

Thanks for the advice. While I know I should invest in a target retirement fund, It is hard for me not to be in control. I also really like thinging about things, so a target retirement fund is too simple (even it has a good chance of getting better returns). Regarding individual stocks, I know that...
by alpha88
Tue Feb 19, 2008 12:00 am
Forum: Personal Investments
Topic: Help with my Asset Allocation
Replies: 5
Views: 1701

Help with my Asset Allocation

Hello, I'm looking for asset allocation advice. I'm estimating that for the next 10 years, I'll be investing $20k a year. $5k into my Roth IRA, $5k into my SEP IRA, and the remaining $10k into a taxable account. (Once it can get a Solo Roth 401k, that will replace my SEP IRA). About Me: I'm a 24 yea...
by alpha88
Mon Feb 18, 2008 4:54 pm
Forum: Personal Investments
Topic: ETF vs. Straight fund ownership
Replies: 6
Views: 1470

5) Since ETFs are stocks with a derivative market, you can:

Buy and sell options.
Purchase on margin / short sell.