Search found 4775 matches

by HEDGEFUNDIE
Wed May 13, 2020 12:02 am
Forum: Personal Consumer Issues
Topic: Peloton Treadmill: Anyone here own one..,,
Replies: 59
Views: 4954

Re: Peloton Treadmill: Anyone here own one..,,

Treadmill or bike? That is the question...
by HEDGEFUNDIE
Tue May 12, 2020 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Compensation negotiation strategy (rocket ship tech)
Replies: 46
Views: 6613

Re: Compensation negotiation strategy (rocket ship tech)

Earn money. Spend less. Start grooming your network to include VC people and think of ideas for your own startup. Welcome to the boring middle. Congratulations on your growth, I remember your “should I relocate to the Bay Area?” thread. I’m in electrical engineering and was daydreaming of doing the...
by HEDGEFUNDIE
Tue May 12, 2020 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7918

Re: Should you include home equity in Net Worth?

Technically it is part of one's net worth, but functionally I do not count it. I would never pull money out of my home to invest, so it is currently in use as a place for me to live. My home equity is earmarked for nursing home care , if needed. If not, my children will inherit it. The number I tra...
by HEDGEFUNDIE
Tue May 12, 2020 10:03 pm
Forum: Investing - Theory, News & General
Topic: International market recovery
Replies: 146
Views: 9710

Re: International market recovery

International stocks are much cheaper than US stocks. Ok, but what's new there? You could have said the same thing in the past, and ex-US still performed miserably. Why would it be any different now going forward? If anything, I would think that Europe and Japan are in even more trouble and more st...
by HEDGEFUNDIE
Tue May 12, 2020 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Compensation negotiation strategy (rocket ship tech)
Replies: 46
Views: 6613

Re: Compensation negotiation strategy (rocket ship tech)

One year update to this thread. Today marks 18 months since I joined my company, and in that time something completely unexpected has happened - my high beta unprofitable tech company turned out to be negatively correlated to the biggest economic downturn since the Great Depression! Stock is up 50% ...
by HEDGEFUNDIE
Tue May 12, 2020 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 30. Living 30s without regrets
Replies: 87
Views: 9765

Re: Turning 30. Living 30s without regrets

Sounds like you should spend more money.
by HEDGEFUNDIE
Tue May 12, 2020 8:28 pm
Forum: Investing - Theory, News & General
Topic: International market recovery
Replies: 146
Views: 9710

Re: International market recovery

Here is a longer view, using the actively managed PRITX:

Image
by HEDGEFUNDIE
Tue May 12, 2020 8:23 pm
Forum: Investing - Theory, News & General
Topic: International market recovery
Replies: 146
Views: 9710

Re: International market recovery

look at the chart back to 2000: https://i.postimg.cc/Pf7WHFxf/Capture.jpg What do you notice? Blue line is total US stock market index fund and orange is total international stock market index fund. (don't worry about the fact that US did almost twice as better than international over the entire pe...
by HEDGEFUNDIE
Tue May 12, 2020 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7918

Re: Should you include home equity in Net Worth?

Yes you should. From another thread: Scenario 1 Assets: Home value: $1.5M Investments: $2.0M Liabilities: Mortgage: $1.2M Home equity: $0.3M Net worth: $2.3M Home equity as % of net worth: 13% Scenario 2 Assets: Home value: $1.5M Investments: $0.8M Liabilities: Mortgage: $0 Home equity: $1.5M Net wo...
by HEDGEFUNDIE
Tue May 12, 2020 7:16 pm
Forum: Personal Investments
Topic: Taxable vs. Mega Backdoor
Replies: 10
Views: 676

Re: Taxable vs. Mega Backdoor

Assuming that you can see yourself using the money before 59.5, taxable has the advantage of LTCG tax on the withdrawal of earnings. Unqualified Roth distributions will always be taxed at ordinary income rates.
by HEDGEFUNDIE
Tue May 12, 2020 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10007

Re: $2 million dollar house pre requisites

But your scenario 1 does assume non recourse whether you were thinking of it or not. You only have 13% in real estate with 1.5mil house, 2 mil non house assets and 1.2 mil mortgage if the mortgage is non recourse. In that case your risk allocation to your house is (1.5-1.2)/((1.5-1.2)+2)=13%, right...
by HEDGEFUNDIE
Mon May 11, 2020 10:59 pm
Forum: Personal Consumer Issues
Topic: Has Your Spending Changed Since The Shutdown?
Replies: 180
Views: 7081

Re: Has Your Spending Changed Since The Shutdown?

I notice several have mentioned their grocery costs have increased. I'm curious as to why Working remotely means no employer provided meals. The vast majority of employees do not receive employer provided meals. With the exception of occasional employee pizza, subs or catered lunch for a company me...
by HEDGEFUNDIE
Mon May 11, 2020 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for Layoff: Communicate my status?
Replies: 22
Views: 2404

Re: Planning for Layoff: Communicate my status?

When I was laid off 10 years ago, I walked back to my desk in a daze, told my cubemates what happened, then met a few of them for coffee at the Starbucks across the street. It was cathartic.
by HEDGEFUNDIE
Mon May 11, 2020 8:53 pm
Forum: Personal Investments
Topic: Someone please check my ESPP math
Replies: 4
Views: 339

Re: Someone please check my ESPP math

Very cool thanks all.
by HEDGEFUNDIE
Mon May 11, 2020 8:28 pm
Forum: Personal Investments
Topic: Someone please check my ESPP math
Replies: 4
Views: 339

Someone please check my ESPP math

My ESPP plan purchases stock at a 15% discount with a six month lookback. Stock price on November 1, 2019: $100 Stock price on May 1, 2020: $200 Let's assume the stock price remains flat at $200 for all later dates in this example On May 1, $10,000 worth of stock was purchased for me at $85/share (t...
by HEDGEFUNDIE
Mon May 11, 2020 1:56 pm
Forum: Personal Consumer Issues
Topic: Apple Airpods
Replies: 30
Views: 1978

Re: Apple Airpods

I have the Jabra 75t and prefer them to the AirPod Pros.
by HEDGEFUNDIE
Mon May 11, 2020 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: post covid 19 office work - was coronavirus a game changer for telecommunting?
Replies: 48
Views: 3841

Re: post covid 19 office work - was coronavirus a game changer for telecommunting?

For the "traditionalist" companies, what people are missing is that the competition for talent will force their hand to keep WFH if they want to attract the best people.
by HEDGEFUNDIE
Mon May 11, 2020 1:00 pm
Forum: Investing - Theory, News & General
Topic: Can't believe how ridiculously expensive Shopify is [Stock]
Replies: 66
Views: 4870

Re: Can't believe how ridiculously expensive Shopify is [Stock]

firebirdparts wrote:
Mon May 11, 2020 12:01 pm
Interesting. The virus has helped these folks, but long term, a lot of them would have strong growth anyway.
COVID accelerating an existing trend
by HEDGEFUNDIE
Mon May 11, 2020 11:43 am
Forum: Investing - Theory, News & General
Topic: Can't believe how ridiculously expensive Shopify is [Stock]
Replies: 66
Views: 4870

Re: Can't believe how ridiculously expensive Shopify is [Stock]

Yes, at a super expensive ER I usually go with individual stock picking but the whole cloud sector is beyond my level of understanding so this is one circumstance where I wouldn't be against going with an ETF. Thanks a lot for the recommendation. Do you know of any other ETFs that track the Nasdaq ...
by HEDGEFUNDIE
Mon May 11, 2020 11:16 am
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10007

Re: $2 million dollar house pre requisites

And other people have one heck of a comfort level in sinking the majority of their net worth into a single non-diversified illiquid hard asset. No thanks. You've probably answered this question before, but isn't the majority of your net worth sunk into the house whether or not you pay off the mortg...
by HEDGEFUNDIE
Mon May 11, 2020 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Advice: next financial move?
Replies: 10
Views: 1254

Re: Advice: next financial move?

How long do you plan to be overseas? How much do you expect your home to cost after payoff? Will your walls mold or your garage be broken into? My goal is to have an inexpensive base here in the US, perhaps in the range of $200-250K.. a 1200 sqft or so townhouse in a LCOL area. I may decide to stay...
by HEDGEFUNDIE
Mon May 11, 2020 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Deciding on refinance, confused about closing costs
Replies: 9
Views: 1034

Re: Deciding on refinance, confused about closing costs

You should not think of prepaids and escrow as “closing costs” because you’d be paying those things even if you didn’t refinance, you’re just paying them slightly in advance with the refi.

Everything else is an actual closing cost.
by HEDGEFUNDIE
Mon May 11, 2020 12:51 am
Forum: Personal Finance (Not Investing)
Topic: Advice: next financial move?
Replies: 10
Views: 1254

Re: Advice: next financial move?

How long do you plan to be overseas? How much do you expect your home to cost after payoff? Will your walls mold or your garage be broken into? My goal is to have an inexpensive base here in the US, perhaps in the range of $200-250K.. a 1200 sqft or so townhouse in a LCOL area. I may decide to stay...
by HEDGEFUNDIE
Mon May 11, 2020 12:36 am
Forum: Investing - Theory, News & General
Topic: Can't believe how ridiculously expensive Shopify is [Stock]
Replies: 66
Views: 4870

Re: Can't believe how ridiculously expensive Shopify is [Stock]

May I know your strategy on the WCLD slice ? I'm thinking about creating a pie of top 10 of EMCLOUD index. I work for one of the companies in the index, so I exclude that company. I also exclude PayPal, as I don’t consider it pure-play B2B SaaS. I also add a few smaller players like BAND, PING, BIL...
by HEDGEFUNDIE
Mon May 11, 2020 12:19 am
Forum: Investing - Theory, News & General
Topic: Can't believe how ridiculously expensive Shopify is [Stock]
Replies: 66
Views: 4870

Re: Can't believe how ridiculously expensive Shopify is [Stock]

lol that's exactly what I'm saying. If only we'd had this conversation on Wednesday! The right way to play the enterprises-shifting-to-the-cloud trend is not through stock picking, but rather by buying all the B2B SaaS stocks. I am partial to the index that WCLD follows (but implemented in M1 Finan...
by HEDGEFUNDIE
Mon May 11, 2020 12:13 am
Forum: Investing - Theory, News & General
Topic: Can't believe how ridiculously expensive Shopify is [Stock]
Replies: 66
Views: 4870

Re: Can't believe how ridiculously expensive Shopify is [Stock]

The right way to play the enterprises-shifting-to-the-cloud trend is not through stock picking, but rather by buying all the B2B SaaS stocks. I am partial to the index that WCLD follows (but implemented in M1 Finance to avoid the ER). What stocks? ADBE, CRM, SHOP, VEEV, TWLO...would stocks like TEA...
by HEDGEFUNDIE
Mon May 11, 2020 12:07 am
Forum: Investing - Theory, News & General
Topic: Can't believe how ridiculously expensive Shopify is [Stock]
Replies: 66
Views: 4870

Re: Can't believe how ridiculously expensive Shopify is [Stock]

The right way to play the enterprises-shifting-to-the-cloud trend is not through stock picking, but rather by buying all the B2B SaaS stocks. I am partial to the index that WCLD follows (but implemented in M1 Finance to avoid the ER). What stocks? ADBE, CRM, SHOP, VEEV, TWLO...would stocks like TEA...
by HEDGEFUNDIE
Sun May 10, 2020 11:37 pm
Forum: Investing - Theory, News & General
Topic: Can't believe how ridiculously expensive Shopify is [Stock]
Replies: 66
Views: 4870

Re: Can't believe how ridiculously expensive Shopify is [Stock]

Twilio's revenue growth is even higher than Shopify's but its P/S is much lower. What metric are you using? Are you telling us to go all-in on Twilio? lol that's exactly what I'm saying. If only we'd had this conversation on Wednesday! The right way to play the enterprises-shifting-to-the-cloud tre...
by HEDGEFUNDIE
Sun May 10, 2020 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: next financial move?
Replies: 10
Views: 1254

Re: Advice: next financial move?

1. Join a Bay Area tech company at 3x your current income.

2. Work remotely like everyone else for the rest of the year, at the very least.

3. By this time next year you will have proven yourself in your new role, and gained bargaining power to move wherever you want.
by HEDGEFUNDIE
Sun May 10, 2020 4:30 pm
Forum: Personal Consumer Issues
Topic: Apple Released a New Low-cost Iphone
Replies: 172
Views: 14548

Re: Apple Released a New Low-cost Iphone

The new iPhone 12 will be almost the same size as the original SE with all the latest bells and whistles. That’s what I’m waiting for.
by HEDGEFUNDIE
Sun May 10, 2020 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10007

Re: $2 million dollar house pre requisites

Pros and cons to this form of renting. Sure rent can't go up and lease can't be terminated, but you are the one who is responsible for upkeep. I can definitely see the benefits of your choice. Allow me to elaborate my previous question. At some point in your life you may find yourself with enough m...
by HEDGEFUNDIE
Sun May 10, 2020 3:54 pm
Forum: Investing - Theory, News & General
Topic: Strategy for paying down mortgage
Replies: 22
Views: 1858

Re: Strategy for paying down mortgage

C) refinance to a 10/1 ARM to reduce your interest rate by as much as 1%
by HEDGEFUNDIE
Sun May 10, 2020 3:37 pm
Forum: Investing - Theory, News & General
Topic: Can't believe how ridiculously expensive Shopify is [Stock]
Replies: 66
Views: 4870

Re: Can't believe how ridiculously expensive Shopify is [Stock]

If you think Shopify is unjustifiably expensive, you should check out Twilio Twilio's revenue growth is even higher than Shopify's but its P/S is much lower. What metric are you using? Are you telling us to go all-in on Twilio? lol that's exactly what I'm saying. If only we'd had this conversation ...
by HEDGEFUNDIE
Sun May 10, 2020 2:12 pm
Forum: Investing - Theory, News & General
Topic: Can't believe how ridiculously expensive Shopify is [Stock]
Replies: 66
Views: 4870

Re: Can't believe how ridiculously expensive Shopify is [Stock]

traderlmd wrote:
Sun May 10, 2020 1:48 pm
HEDGEFUNDIE wrote:
Sat May 09, 2020 7:33 pm
If you think Shopify is unjustifiably expensive, you should check out Twilio
Twilio's revenue growth is even higher than Shopify's but its P/S is much lower. What metric are you using?
Are you telling us to go all-in on Twilio?
by HEDGEFUNDIE
Sun May 10, 2020 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Layoff Imminent, seeking guidance.
Replies: 56
Views: 7394

Re: Layoff Imminent, seeking guidance.

Nothing you can say or do will influence the outcome.

Start interviewing now.
by HEDGEFUNDIE
Sun May 10, 2020 1:02 pm
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13624

Re: Will "work from home" destroy the commercial real estate market?

My employer has decided to keep all our offices closed at least into early 2021. We were one of the first major companies to close and we'll be one of the last to open. We closed in the first week of March and may well be closed till next March. After a year+ of WFH I think it will be here to stay ...
by HEDGEFUNDIE
Sun May 10, 2020 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10007

Re: $2 million dollar house pre requisites

And other people have one heck of a comfort level in sinking the majority of their net worth into a single non-diversified illiquid hard asset. No thanks. You've probably answered this question before, but isn't the majority of your net worth sunk into the house whether or not you pay off the mortg...
by HEDGEFUNDIE
Sat May 09, 2020 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10007

Re: $2 million dollar house pre requisites

I wouldn't take out more than a $750k mortgage regardless of income levels or location. Then you are missing out on $8k worth of CA income tax deduction. I didn't know CA went above the federal 750k on new purchases today! But alas you are likely far better with leverage than me so it makes sense :...
by HEDGEFUNDIE
Sat May 09, 2020 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10007

Re: $2 million dollar house pre requisites

sf_tech_saver wrote:
Sat May 09, 2020 7:35 pm
I wouldn't take out more than a $750k mortgage regardless of income levels or location.
Then you are missing out on $8k worth of CA income tax deduction.
by HEDGEFUNDIE
Sat May 09, 2020 7:36 pm
Forum: Investing - Theory, News & General
Topic: Can't believe how ridiculously expensive Shopify is [Stock]
Replies: 66
Views: 4870

Re: Can't believe how ridiculously expensive Shopify is [Stock]

Since we're talking about cloud stocks, why do you think WDAY is so cheap compared to its peers? Which of its peers is it cheap compared to? Oracle and SAP, which both have huge HCM operations, are trading much cheaper. But of course, they aren't pure plays. Ditto for Microsoft and Salesforce. Ulti...
by HEDGEFUNDIE
Sat May 09, 2020 7:33 pm
Forum: Investing - Theory, News & General
Topic: Can't believe how ridiculously expensive Shopify is [Stock]
Replies: 66
Views: 4870

Re: Can't believe how ridiculously expensive Shopify is [Stock]

If you think Shopify is unjustifiably expensive, you should check out Twilio
by HEDGEFUNDIE
Sat May 09, 2020 7:28 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5429
Views: 487576

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

annu wrote:
Sat May 09, 2020 4:39 pm
Does the current market, with feds pumping so much money into market, is this approach impacted?
Was this approach impacted starting in 2008 when the Fed invented QE?
by HEDGEFUNDIE
Sat May 09, 2020 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10007

Re: $2 million dollar house pre requisites

Pros and cons to this form of renting. Sure rent can't go up and lease can't be terminated, but you are the one who is responsible for upkeep. I can definitely see the benefits of your choice. Allow me to elaborate my previous question. At some point in your life you may find yourself with enough m...
by HEDGEFUNDIE
Sat May 09, 2020 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10007

Re: $2 million dollar house pre requisites

Most people in VHCOL stretch way too far when buying a home and make an excuse that somehow the rules for prudent home purchase don't apply to them. I like the rule of somewhere around no more than 25% of after tax pay on a 15 year fixed putting income at >$1m or around 2-2.5 gross pay at max. Most...
by HEDGEFUNDIE
Sat May 09, 2020 4:46 pm
Forum: Personal Investments
Topic: Why am I even saving for retirement?
Replies: 223
Views: 20278

Re: Why am I even saving for retirement?

I have made the decision to continue saving in pre-tax 401k and employer match (~$70k/yr) but to stop doing mega Backdoor Roth. That’s an extra $70k going into taxable for...what exactly I’m not sure. Confused by the reasoning here. If you think you are saving too much and end up spending more, i s...
by HEDGEFUNDIE
Sat May 09, 2020 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10007

Re: $2 million dollar house pre requisites

Most people in VHCOL stretch way too far when buying a home and make an excuse that somehow the rules for prudent home purchase don't apply to them. I like the rule of somewhere around no more than 25% of after tax pay on a 15 year fixed putting income at >$1m or around 2-2.5 gross pay at max. Most...
by HEDGEFUNDIE
Sat May 09, 2020 4:18 pm
Forum: Personal Investments
Topic: Why am I even saving for retirement?
Replies: 223
Views: 20278

Re: Why am I even saving for retirement?

I have made the decision to continue saving in pre-tax 401k and employer match (~$70k/yr) but to stop doing mega Backdoor Roth.

That’s an extra $70k going into taxable for...what exactly I’m not sure.
by HEDGEFUNDIE
Sat May 09, 2020 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10007

Re: $2 million dollar house pre requisites

Most people in VHCOL stretch way too far when buying a home and make an excuse that somehow the rules for prudent home purchase don't apply to them. I like the rule of somewhere around no more than 25% of after tax pay on a 15 year fixed putting income at >$1m or around 2-2.5 gross pay at max. Most...
by HEDGEFUNDIE
Sat May 09, 2020 1:22 pm
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 514
Views: 18576

Re: "The economy is in free fall. So why isn't the stock market?"

Here is one reason why the stock market is disconnected from the economy. The jobs most affected by the coronavirus are at the low end. Restaurants, hair salons, small shopkeepers, etc... these are low margin businesses that do not contribute much to aggregate economic activity. They employ low wage...
by HEDGEFUNDIE
Sat May 09, 2020 1:07 pm
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13624

Re: Will "work from home" destroy the commercial real estate market?

First, not everyone has a large house with an office. Some people live in cities in small apartments and it may be very difficult to work from home (having no separate office or maybe even room for a desk) and nearly impossible for two people to work from home at the same time. Almost all of my emp...