Search found 6642 matches

by KyleAAA
Thu Aug 23, 2018 4:36 pm
Forum: Personal Consumer Issues
Topic: How come people use Amazon Locker?
Replies: 15
Views: 1575

Re: How come people use Amazon Locker?

In some neighborhoods, packages are likely to be stolen if left on the doorstep.
by KyleAAA
Thu Aug 23, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: Good Non-Boring Boglehead Cars Under $30k
Replies: 215
Views: 12437

Re: Good Non-Boring Boglehead Cars Under $30k

I don't know about Android Auto/Carplay compatibility but otherwise a top trim Mazda3 or a Miata fits this bill. VW GTI maybe. You could try for a used BMW if you don't mind spending more on maintenance.
by KyleAAA
Sun Aug 19, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Rental Property + 1031 + Parents Retirement + Brother's Stupidity Question
Replies: 4
Views: 681

Re: Rental Property + 1031 + Parents Retirement + Brother's Stupidity Question

I don’t see the advantage for your brother. So he defers capital gains tax for one year, but he’d need to pay the tax to fund the vet practice, unless he was planning to 1031 exchange into the property the vet practice will run out of. If that’s the case, why not just hold the rental property anothe...
by KyleAAA
Sat Aug 18, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate dropping like a rock in U.K. - can the U.S. be far behind?
Replies: 68
Views: 12341

Re: Real estate dropping like a rock in U.K. - can the U.S. be far behind?

Prices are falling in Seattle. Just a little. But that's a big change. Not falling yet, just rising more moderately. It's still a big change, though. No, it's actually falling month to month, and that is not a seasonally adjusted change. https://www.seattletimes.com/business/real-estate/market-shif...
by KyleAAA
Thu Aug 16, 2018 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Quant / Financial Technology Job Opportunities / companies in New York City
Replies: 31
Views: 2189

Re: Quant / Financial Technology Job Opportunities / companies in New York City

Jane Street is a top tier shop for engineers, on par with Facebook and Google in terms of prestige if not higher. Two Sigma is also a solid option.
by KyleAAA
Tue Aug 14, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1188
Views: 98355

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

You have to have a more compelling reason than "it underperformed over the last x years." Is there a sound basis for being confident that wasn't a fluke?
by KyleAAA
Mon Aug 13, 2018 10:26 pm
Forum: Investing - Theory, News & General
Topic: [New Vanguard website layout starting Saturday, August 11]
Replies: 130
Views: 9751

Re: [New Vanguard website layout starting Saturday, August 11]

What value is there in having the ER on the holdings screen? It's just clutter and it isn't actionable unless you plan to make a transaction. That’s like saying the numbers on a thermometer are clutter. I like to look at the ERs. What? Unlike the temperature, expense ratios don’t change much and ar...
by KyleAAA
Mon Aug 13, 2018 10:24 pm
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 107
Views: 8142

Re: Retire in Florida or Alabama?

The Gulf Shores/Perdido Key areas can’t be beat. Thy are far enough north that it cools off in the winter, but it never really gets cold. Winters along the panhandle and coastal Alabama are quite pleasant and nearby Mobile is surprisingly charming.
by KyleAAA
Mon Aug 13, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: [New Vanguard website layout starting Saturday, August 11]
Replies: 130
Views: 9751

Re: [New Vanguard website layout starting Saturday, August 11]

Logged in to see what all the fuss was about and I think the change is dramatically better than the old layout. What value is there in having the ER on the holdings screen? It's just clutter and it isn't actionable unless you plan to make a transaction. It's not like you didn't know what the ER was ...
by KyleAAA
Mon Aug 13, 2018 12:31 am
Forum: Investing - Theory, News & General
Topic: AAPL, AMZN, or GOOG?
Replies: 95
Views: 10308

Re: AAPL, AMZN, or GOOG?

I’d bet on AMZN and MSFT. Those two companies seem to be eating the world in the consumer and enterprise space, respectively. GOOG would be a close 3rd because of talent. I don’t put AAPL in the same league as those 3 these days.
by KyleAAA
Sun Aug 12, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 130
Views: 6526

Re: how much car can we afford?

A $40k car seems reasonable at your income. Wife and I make a lot more and spent about that on both cars combined. YMMV.
by KyleAAA
Sun Aug 12, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: [New Vanguard website layout starting Saturday, August 11]
Replies: 130
Views: 9751

Re: New layout of vanguard.com

...There is a notable absence of expense ratios... Not to sound paranoid but I think you're right. This is what I see, too, although I probably would not have noticed it (!). It was always sort of my "to-do" list when I looked at the ERs of my non-VG, non-index holdings -- waiting for corrections t...
by KyleAAA
Sun Aug 12, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Housing affordability - what is your take?
Replies: 74
Views: 7626

Re: Housing affordability - what is your take?

Single people either buy condos or continue renting. A few will do something like buy a duplex and rent out the other unit. Dave Ramsey's metrics are simply bad in this case.
by KyleAAA
Fri Aug 10, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Paper checks yes or no?
Replies: 116
Views: 6806

Re: Paper checks yes or no?

We use maybe 1 a year, if that. Useful if you need to pay for a new roof or HVAC or something like that, although some may accept CC.
by KyleAAA
Thu Aug 09, 2018 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Use cash to pay off low interest student loans and car or downpayment for house?
Replies: 23
Views: 1157

Re: Use cash to pay off low interest student loans and car or downpayment for house?

You’ll pay a higher interest rate in the mortgage since the bank will see it as an investment property and you probably won’t be able to put just 10% down. When you got a rate quote from Sofi, did they know you wouldn’t be living in it right away? Their terms disallow mortgages on rental properties...
by KyleAAA
Thu Aug 09, 2018 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Use cash to pay off low interest student loans and car or downpayment for house?
Replies: 23
Views: 1157

Re: Use cash to pay off low interest student loans and car or downpayment for house?

You’ll pay a higher interest rate in the mortgage since the bank will see it as an investment property and you probably won’t be able to put just 10% down. When you got a rate quote from Sofi, did they know you wouldn’t be living in it right away? Their terms disallow mortgages on rental properties....
by KyleAAA
Thu Aug 09, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Ask for extension or turn down job offer?
Replies: 22
Views: 1470

Re: Ask for extension or turn down job offer?

What type of engineering student is he and what’s the demand? If he is a software engineer, for example, he has all the power and companies will do pretty much anything he wants if he performed well during the internship. If he majored in Mechanical Engineering that may not be the case. But I think...
by KyleAAA
Wed Aug 08, 2018 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Help negotiating!
Replies: 15
Views: 1288

Re: Help negotiating!

Get another offer and use it for leverage. Works almost every time. Without a competing offer you have minimal leverage unless you really nailed the interview.
by KyleAAA
Wed Aug 08, 2018 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: Ask for extension or turn down job offer?
Replies: 22
Views: 1470

Re: Ask for extension or turn down job offer?

What type of engineering student is he and what’s the demand? If he is a software engineer, for example, he has all the power and companies will do pretty much anything he wants if he performed well during the internship. If he majored in Mechanical Engineering that may not be the case. But I think ...
by KyleAAA
Wed Aug 08, 2018 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: "Why are you leaving your current job?"
Replies: 24
Views: 2414

Re: "Why are you leaving your current job?"

“I heard you give good TC.”
by KyleAAA
Sun Aug 05, 2018 2:58 pm
Forum: Investing - Theory, News & General
Topic: Will dividend spending only portfolio last forever ?
Replies: 90
Views: 6160

Re: Will dividend spending only portfolio last forever ?

Sure, but that’s just because it represents and extremely low withdrawal rate (2.5-3%) and not because there’s anything special about that particular strategy.
by KyleAAA
Sun Aug 05, 2018 11:36 am
Forum: Personal Consumer Issues
Topic: How to Learn Italian (a little) Before Trip to Italy
Replies: 34
Views: 2181

Re: How to Learn Italian (a little) Before Trip to Italy

Pimsleur is still the gold standard. Supplement with Duolingo for vocabulary. Rosetta Stone let's you practice with native speakers online but it's $$$. The old Foreign Service Institute courses are available free online now and in general are quite effective in a brute force way, but most of the vo...
by KyleAAA
Sun Aug 05, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 176
Views: 9913

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

You'll be in Italy, not North Korea. They have hospitals there.There is no need to be evacuated if there is a medical emergency.
by KyleAAA
Sun Aug 05, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: "Skin in the game"
Replies: 105
Views: 7360

Re: "Skin in the game"

I strongly disagree. "Skin in the game" is universally bad. Either they will have to take on student debt which will put them at a structural disadvantage and limit their career options for decades or it will distract from their studies. There is no upside. It will not teach them "the value of a dol...
by KyleAAA
Sat Aug 04, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: If everybody indexed, the only word you could use is chaos, catastrophe
Replies: 99
Views: 15467

Re: If everybody indexed, the only word you could use is chaos, catastrophe

As soon as it becomes profitable to be an active investor, their numbers and capital would increase dramatically. I would be one of them. Where is the proof that passive flows would or could ever swamp active investors? As soon as passive flows dominate, it would be trivial to profit from them. The...
by KyleAAA
Sat Aug 04, 2018 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Tell me what's wrong with my strategy
Replies: 105
Views: 7774

Re: Tell me what's wrong with my strategy

If you reduce the amount devoted to individual stocks to around 10-12% and add MSFT for exposure to the enterprise IT and SaaS markets(to balance out your consumer-heavy technology exposure), I wouldn’t quibble too much with your plan. I hold a bit more than 30% of my portfolio in company stock, but...
by KyleAAA
Sat Aug 04, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: If everybody indexed, the only word you could use is chaos, catastrophe
Replies: 99
Views: 15467

Re: If everybody indexed, the only word you could use is chaos, catastrophe

A lot of passive investing is non-index. For example, someone splits his 401K money every month among several managed funds. I still consider that passive investing. That makes sense. In relation to my description, they would fall into Non-indexing group. And, as I was hypothesizing, the aggregate ...
by KyleAAA
Sat Aug 04, 2018 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Career Move: Large Bank to Small Bank, Yes or No?
Replies: 17
Views: 1681

Re: Career Move: Large Bank to Small Bank, Yes or No?

Yes, do it. It’s a common pattern: start at large company to get your feet wet and learn the basics, go small to have greater impact and broaden/deepen your skills, go back to big company with impressive resume for $$$. In my xperience, hiring managers at large compAnies do respect the skills needed...
by KyleAAA
Fri Aug 03, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: DW job in dangerous area
Replies: 90
Views: 7090

Re: DW job in dangerous area

In my experience, most "dangerous" neighborhoods aren't really dangerous at all for outsiders. I would caution against making a decision based on how safe you "feel" because those feelings are almost universally wrong. Look at the crime stats, which should be easy to find.
by KyleAAA
Fri Aug 03, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Time to invest in Fidelity's new zero fee funds?
Replies: 70
Views: 4872

Re: Time to invest in Fidelity's new zero fee funds?

My only real concern would be tax efficiency, but in a 401k that won't matter. I worry they will have trouble tracking the index accurately if they cut corners on execution (you can only make so much lending securities, after all) but it's a minor concern. And in a 401k you can bail at the first sig...
by KyleAAA
Thu Aug 02, 2018 7:26 pm
Forum: Personal Consumer Issues
Topic: Gated communities pros and cons? (Atlanta or anywhere.)
Replies: 67
Views: 4482

Re: Gated communities pros and cons? (Atlanta or anywhere.)

My main problem with gated communities is that they are universally in locations I wouldn't want to live. Regarding Atlanta specifically, you won't have a problem with crime if you live in a nice area regardless of whether or not there's a gate. Huh? Been here 22 years. Lived in-town for 19 of them...
by KyleAAA
Thu Aug 02, 2018 7:04 pm
Forum: Personal Consumer Issues
Topic: Gated communities pros and cons? (Atlanta or anywhere.)
Replies: 67
Views: 4482

Re: Gated communities pros and cons? (Atlanta or anywhere.)

A true sign of the most obnoxious kind of privilege. In Atlanta, you could also live in Inman Park, Old Fourth Word, Cabbage Town, Virginia Highlands, or any one of the other excellent neighborhoods in-town. :) ++Inman Park, my favorite neighborhood. It's pricey these days, though. Why bother to mo...
by KyleAAA
Thu Aug 02, 2018 6:58 pm
Forum: Personal Consumer Issues
Topic: Gated communities pros and cons? (Atlanta or anywhere.)
Replies: 67
Views: 4482

Re: Gated communities pros and cons? (Atlanta or anywhere.)

My main problem with gated communities is that they are universally in locations I wouldn't want to live. Regarding Atlanta specifically, you won't have a problem with crime if you live in a nice area regardless of whether or not there's a gate.
by KyleAAA
Sun Jul 29, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Air Conditioning? [How to finance?]
Replies: 76
Views: 5270

Re: Air Conditioning?

$7k seems reasonable depending on your square footage if you already have ductwork installed. I spent less than that in Atlanta where it gets much hotter. I bet you’d get a deal if you waited until November.
by KyleAAA
Sat Jul 28, 2018 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus at Job - Weird Situation
Replies: 34
Views: 6149

Re: Bonus at Job - Weird Situation

I don’t know how leveling at your company works, but where I work there’s a lot more long term gain in a promotion vs a double bonus any given year because the equity component ramps up very quickly with each promotion. Can you elaborate a bit more? What do you mean by the equity component ramping ...
by KyleAAA
Sat Jul 28, 2018 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus at Job - Weird Situation
Replies: 34
Views: 6149

Re: Bonus at Job - Weird Situation

I don’t know how leveling at your company works, but where I work there’s a lot more long term gain in a promotion vs a double bonus any given year because the equity component ramps up very quickly with each promotion.
by KyleAAA
Fri Jul 27, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 11243

Re: Facebook stock in freefall! (20% drop in 1-day)

I was under the impression that they didn't meet their quarterly benchmarks? Add that to the recent Facebook scandal and investors start to lose some faith. It's all speculative in the short term though. I can't image Facebook actually going away. What are you gonna replace it with? Myspace? Nothin...
by KyleAAA
Fri Jul 27, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Using Recruiters/Headhunters to find a new job?
Replies: 27
Views: 1018

Re: Using Recruiters/Headhunters to find a new job?

FWIW ,companies generally decide in advance whether they are willing to accept candidates from outside recruiters or not and are very clear about it on the job posting. It does happen occassionally, but for the most part 3rd party recruiters won't even try submitting candidates to those jobs because...
by KyleAAA
Fri Jul 27, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Using Recruiters/Headhunters to find a new job?
Replies: 27
Views: 1018

Re: Using Recruiters/Headhunters to find a new job?

They get paid a % of your salary, but all else equal they'd rather have X% of a smaller number than negotiate too aggressively and lose the placement. What part of the country do you live in and how much ML experience do you have? Should be easy to find a job if your skills are legit. But you should...
by KyleAAA
Thu Jul 26, 2018 10:57 pm
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 11243

Re: Facebook stock in freefall! (20% drop in 1-day)

I told my 3 teen/young adult children that Facebook stock dropped considerably today. They all responded with "no surprise, I don't use it anymore and none of our friends do either. It is loaded with junk and ads. It's annoying". I am not a Facebooker, but I wonder if my social media-addicted child...
by KyleAAA
Thu Jul 26, 2018 7:54 pm
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 11243

Re: Facebook stock in freefall! (20% drop in 1-day)

I still can't understand why anybody ever saw any future in FB that wasn't its complete implosion. Facebook is only as good as the people who use it and everybody who uses it will inevitably get bored with it and move on. I'm just surprised it's taken this long. I would have thought that a cesspool...
by KyleAAA
Thu Jul 26, 2018 3:03 pm
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 11243

Re: Facebook stock in freefall! (20% drop in 1-day)

Whew, I'm glad I didn't accept that job offer to work at FB and even gladder I didn't buy the stock 5 years ago -- No one, ever I remember being on our trading floor when they IPO'd, I had a bit of money to play with as it was just after bonus time (before I went strictly index only) and I remember...
by KyleAAA
Thu Jul 26, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 11243

Re: Facebook stock in freefall! (20% drop in 1-day)

Whew, I'm glad I didn't accept that job offer to work at FB and even gladder I didn't buy the stock 5 years ago

-- No one, ever
by KyleAAA
Wed Jul 25, 2018 10:24 pm
Forum: Personal Consumer Issues
Topic: Flooring: Hard wood vs Ceramic Tile that looks like wood
Replies: 26
Views: 2757

Re: Flooring: Hard wood vs Ceramic Tile that looks like wood

A good quality top nail hardwood floor will last well over 100 years (sanding every 15 or 20 years) and look better to boot. The ceramic stuff has improved a lot, but it still scratches unnaturally and won’t last as long as good quality hardwood. I live in a house with 110 year old floors and it has...
by KyleAAA
Wed Jul 25, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 361
Views: 17217

Re: Direct Real Estate Returns

EDIT: Can you value the business you work at Corn? Not sure if you have access to that information. Sometimes being a business owner and experiencing how a business works -- cash needs -- etc helps one to learn how to value a business (this isn't always the case). I can't find the quote but someone...
by KyleAAA
Wed Jul 25, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 361
Views: 17217

Re: Direct Real Estate Returns

EDIT: Can you value the business you work at Corn? Not sure if you have access to that information. Sometimes being a business owner and experiencing how a business works -- cash needs -- etc helps one to learn how to value a business (this isn't always the case). I can't find the quote but someone...
by KyleAAA
Wed Jul 25, 2018 2:45 pm
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 361
Views: 17217

Re: Direct Real Estate Returns

Nah. If you sell your paper today, you WILL pay a 15% (or up to 38%) tax on it. If you sell paper in a retirement account, you WILL pay a 10% fee on top of that. Taking your own money out of a Roth IRA doesn't count since that is nothing more than the original principal. My passive rental income go...
by KyleAAA
Wed Jul 25, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 361
Views: 17217

Re: Direct Real Estate Returns

The terms for leverage in real estate do not resemble the terms for leverage for equities. Most of the benefits of investing in real estate derive from leverage. The same cannot be said for equities. I think its interesting that stock market investors assume "its all the same". No, its really not. ...
by KyleAAA
Wed Jul 25, 2018 1:42 pm
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 361
Views: 17217

Re: Direct Real Estate Returns

Oh man, cognitive dissonance 101. I DO have real estate profits, every month. How do I know? All of my rents flow into and all of my expenses flow out of the same bank account. At the end of each month, there is $3500 give or take in that account. When it comes time to do taxes, due to mortgage int...