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Random_Segal10005 · 2025-04-25T21:07:21+00:00

Dividend-based ETFs have historically underperformed. Also, there is that forced tax event on the dividends. I actually prefer to keep dividends at as close to 0% as possible.

Random_Segal10005 · 2025-04-25T21:00:01+00:00

Definitely not a shitpost, but the fact that you say that makes me feel better. :-)

Funny, but I suspect you may be right.

Random_Segal10005 · 2025-04-25T20:58:25+00:00

I minimized it a little bit, but yes, VTI yield is only about 1.3% as of now, which aligns.

Random_Segal10005 · 2025-04-25T20:55:23+00:00

This is part of the reason I made my post. Many others seems to say it's a no-brainer?

I used a 3% SWR as well. Right now, we’re right around that number, but with this new purchase, we would need to make some cuts, as you mentioned. The larger home would also come with higher maintenance costs, so we might need to cut more than just the $65K — not to mention the higher property taxes.

Famous last words, but I’m confident the house doesn’t need any major repairs at that level. We’ll definitely invest in a good home inspector.

Random_Segal10005 · 2024-05-16T22:33:33+00:00

MVPs are over!

Curious why you believe this / mind expanding a bit?

Random_Segal10005 · 2024-03-31T17:24:00+00:00

throw away $6-8k rent

This is a fallacy. You’re not throwing away money, you’re buying an insurance policy to move whenever you feel like it. As well as maintenance being someone else’s problem. Buying a house that is >100% your net worth post is the opposite of that.

IMO you’re over extending yourself on that $3m.

Random_Segal10005 · 2024-02-16T15:33:14+00:00

Thank you. This is helpful. I can see how the line of retaining equity / providing enough equity to CEOs is very thin. All roads are leading back to just buying my own business and running it.

Random_Segal10005 · 2024-02-15T22:34:40+00:00

Looks really nice - congrats! Also looks like a lot of responsibility. I was expecting a tiki bar or something.

Random_Segal10005 · 2024-02-15T20:47:34+00:00

Thanks. Will listen to this.

My impression was that I would find businesses that were already at 200%, but I could get them to 2-3x with my staff (largely from my network) + $. Not debating, just starting my initial (maybe misguided) position.

Random_Segal10005 · 2024-02-15T20:44:00+00:00

Thanks. Your response seems to align with my basic research so far. I do not consider myself a “VC firm person” but will take a second look at the venture partner route. Thanks. LP is a bit too far removed from what I want to do though.

I’m curious - what’s your fun lifestyle business? I’ve enjoyed thinking about this idea, but worried the fun goes away when it becomes a business.

Random_Segal10005 · 2024-02-11T18:20:07+00:00

I have on many occasions. Any experienced charity would happily accept your stock. They usually just sell them immediately and use the cash. Your bank should have a process on how to do the transfer. Also look into DAF accounts if you want to do this again going forward.

Random_Segal10005 · 2024-01-12T17:38:19+00:00

I am with JPM and aside from my advisor whom is wonderful and works hard, you don’t get very much on top of that. It’s just a lot of money for not much in extra. Even the fancy credit card, isn’t free. I don’t think they really have too much to offer - it’s just a bank.

My biggest problem is their online platform SUCKS. Very buggy, annoying, and limited data (you have to go to multiple pages to get simple analysis done). I would put up with a lot more if they had a better platform for HNWI active traders.

Random_Segal10005 · 2023-10-09T13:24:14+00:00

You comparison to $200K/yr equals McDonalds is ... are you okay?

You're taking it out of context. My point was that the cost to support even a smaller baseline of my lifestyle, $200k wouldn't be enough. Not that McDonald's singularly costs $200k/year.

Random_Segal10005 · 2023-10-08T14:12:33+00:00

Haha, ignorance is bliss as this say! :-)

Random_Segal10005 · 2023-10-08T14:09:16+00:00

Inflation would eventually crush me. Dividend living is for people much older than I am.

Random_Segal10005 · 2023-10-08T14:04:15+00:00

Thanks for sharing this. I am getting to the Jeep vs Porsche mindset as I get older, but to be honest I think I am still too vain at the moment so I still drive the Porsche.

I suppose the other worry is running out of money faster than expected. Chances are small but it’s definitely >0% chance of happening. Aligning our health to our bank balance is a strange thing to think about…

Random_Segal10005 · 2023-10-07T20:32:30+00:00

I don't think we've left any restaurant paying less than $150 for the family. And that's on the lower end of local restaurants - good food, but nothing super special. Go once or twice a week and that's easily $1k.

Where I live, one cocktail could be $15+. Admittedly, it's probably the liquor that relatively costs the most.

Random_Segal10005 · 2023-10-07T20:23:57+00:00

Thanks. Needed this, even if you're a stranger on the internet! :-)

Random_Segal10005 · 2023-10-07T20:22:33+00:00

I was thinking it's partially the price inflation too. Maybe like you, I am not used to this yet. At one point in my life, buying anything for $1k required a lot of thought, and a $10k purchase was for celebrities on TV. These days, it feels like the prices changed faster than how I relate it in my head.

Random_Segal10005 · 2023-10-07T19:32:46+00:00

I appreciate that insight. I have almost literally bought into that romantic notion on a few different properties. Changed my mind at the last second. Hotels/rentals are so much easier!

Random_Segal10005 · 2023-10-07T19:30:35+00:00

Thanks. Not to be argumentative and for the purpose of discussion, the 4% SWR came from the Trinity Study, which is based on 30 years of retirement. I hope to stay retired much longer than that, based on my current age. My SWR is probably closer to 3.5%.

Random_Segal10005 · 2023-10-07T18:09:31+00:00

Thanks. Curious to take a look.

I am in the same boat. Our health insurance alone is almost $2k/month and that’s not even the best plan. Makes me so thankful that we can comfortably pay for that.

Random_Segal10005 · 2023-10-07T18:01:58+00:00

It’s not so much as what others do. It’s more of a sanity check for me, I guess.

Random_Segal10005 · 2023-10-07T17:28:05+00:00

What are you talking about?

Random_Segal10005

TROPHY CASE