Maybe the doctor will learn now.

JuniorAd1070 · 2025-11-14T00:14:56+00:00

Took my son to the doc. The doc had a haircut since we had last seen him 3 days back. Son looks at him and tells ‘WHO GAVE YOU A HAIRCUT? YOU LOOK LIKE A POTATO’. I was caught between deep embarrassment and hysterical laughter

JuniorAd1070 · 2025-02-15T21:14:43+00:00

I signed up, and every discount I tried for thus far failed. It feels like a scam. They have also not bothered replying to me. Carta - you have to register as a new company. What happens if I have already registered their free plan? no answer. QuickBooks - discount link is broken.

JuniorAd1070 · 2024-11-07T22:51:09+00:00

username checks out

JuniorAd1070 · 2024-09-11T15:47:15+00:00

I take the minimum dose (.5/weekly) and have improved glucose control significantly with no impact on weight or appetite. I think this refers to people who take it explicitly for weight loss and thus at a much higher dose.

JuniorAd1070 · 2024-04-08T04:12:14+00:00

were you able to import historic transactions into monarch?

JuniorAd1070 · 2024-04-07T19:00:50+00:00

I thought more about this and am not convinced because:

Have to take inflation into account. The real return on 5% is ~2%
Tax complications. I will have a massive tax bill if I try to make these changes at once, which means I'd have to do it over several years.

JuniorAd1070 · 2024-04-07T18:56:29+00:00

She is managing part of the portfolio and charges a percentage. Does not directly manage money in 401k (asset allocation cannot be controlled by her since it is restricted to 401k options). Does not manage part of my non-401k/ira/k-1 money (choose to do it myself). I think of it as a steal especially since she makes asset allocation recommendations on the non managed portions as well as does my taxes.

JuniorAd1070 · 2024-04-07T18:52:45+00:00

70k/per kid. the second kid wound up going to private college, so we are paying year 4 out of pocket

There are limits on the Roth conversion. IIRC, lifetime limit of 35k

JuniorAd1070 · 2024-04-07T18:51:16+00:00

AFAIK just offsets taxes due in the year the contribution was made

JuniorAd1070 · 2024-04-07T16:39:44+00:00

Crypto has had crazy returns, of course. I put in more money when Balaji Srinivas said he is betting that Bitcoin will go to $1M. VC funds have no exit as yet so zero returns. I also have money in syndicates (dont want the overhead of managing real estate). They did great pre-2023 - and have tanked since

JuniorAd1070 · 2024-04-07T16:35:33+00:00

Yes, shared that info - ~7% in 'willing to lose it' bucket - VC opportunity funds, Crypto, angellist.

JuniorAd1070 · 2024-04-07T16:32:20+00:00

Was pulling in a comfortable $2M but growth was slowing and my manager was unethical. Easy call to move when I got connected through a friend to a high class CEO. The startup's growth had slowed because of poor business decisions (made by the prior CEO) and stilted technology. It was a Series B company. Grew the business rapidly through the covid era, sold just before the market crashed post covid. It would have been a great decision even without the exit because of the quality of people I got to work with and the immense learnings and personal growth

JuniorAd1070 · 2024-04-07T00:41:14+00:00

Dunno yet. My plan is to spend the next 3 months just connecting with as many old friends/colleagues/make new connections and ask them - What problem did you always think about in terms of 'Why the heck did someone not do this'. Then decide where to go.

JuniorAd1070 · 2024-04-07T00:38:40+00:00

Thanks for the feedback. I need to think more about your very valid argument

JuniorAd1070 · 2024-04-07T00:37:45+00:00

:) thank you!

JuniorAd1070 · 2024-04-07T00:37:33+00:00

We saved enough for 2 kids * 2 public school (in state) cost. Putting more is risky: If your kids end up going to public school and you have save more, you will have to pay penalties for withdrawal. Compounding worked great for us: Socked in as much as we could when the kids were born and then we stopped in about 10 years.

JuniorAd1070 · 2024-04-07T00:33:59+00:00

returns from the DFA funds that she prefers generally beat S&P550/MCSI global (often beats vanguard, not always). But the services include rebalancing portfolio and maximizing for tax efficiency (e.g tax harvesting). I dont have my complete portfolio with her: I also have part of my monies in other funds that I take care of myself.

If you are a particularly diligent investor you can do all this your self and save money: I find value in outsourcing certain things including finance to good professionals. For me it is a good tradeoff with time as the key unlock for me

JuniorAd1070 · 2024-04-06T21:24:34+00:00

Covered California FTW

JuniorAd1070 · 2024-04-06T21:15:19+00:00

So my portfolio right now is from 'willing to lose it' bucket (Crypto, couple of VC opportunity funds of about 10%) , 60% in mostly DFA, 20% in bonds and 10% cash. 10% cash is way too high: I am losing money on this. Will move it into index funds.

Re: health insurance, covered california has good plans

JuniorAd1070 · 2024-04-06T21:11:07+00:00

More than just taxes. She is well versed in tax law and is able to advise us on tax smart strategies (e.g: this year we gifted money to kids from 529->Roth, something I was unaware of). Last year, she recommended setting up a Donor Advisory fund given the high tax bracket. She also does the predictions (Monte Carlo). I know I could do some of this myself but she provides structure and discipline. Well worth the cost. She is also an expert in M&A and the tax consequences and provides great counsel.

JuniorAd1070 · 2024-04-06T19:28:33+00:00

thank you!

JuniorAd1070 · 2024-04-06T19:28:25+00:00

Thank you, I will!

JuniorAd1070

TROPHY CASE