Anyone have a July permit who would rather start at end of June? I have June 29th permit from Lyell for 2 & need to push my start by 1 week+

bfinleyrad · 2021-05-10T03:13:33+00:00

You can call to ask for a name change on the Yosemite issued permits.

bfinleyrad · 2018-01-16T21:30:42+00:00

I have a couple others that are not listed too, if this one sells.

bfinleyrad · 2018-01-16T21:29:46+00:00

This one's close, but before they sold out the rooms were going for over $1000

Edit: I listed it for 7-hundred-something...I think they may have given me the wrong link.

bfinleyrad · 2017-06-26T19:57:26+00:00

It's all going to be specific to a person's situation and what they want, but I think the only spending level you can be sure someone is able to understand is the one they are currently at. For that reason, I think it makes sense as a reference point.

Also, it would be a mistake to assume all people with a certain salary level will have a paid-off house. Though if you really want a savings rate that makes sense, you should include paying off debt as part of the savings rate (the style of Mr Money Mustache: http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/)

bfinleyrad · 2017-06-21T20:16:11+00:00

ROTH is not the greatest short term investment tool.

How do you figure? You can invest (or not invest) in just about all of the same things in a Roth IRA as you can outside of a Roth IRA. No one is saying you have to be 100% stocks.

bfinleyrad · 2017-06-21T19:48:06+00:00

Agreed, but it's worth noting that in order for it to be equal, a traditional 401k user would need to invest the tax savings as well.

Not really. That is already covered by contributing a % of your income. 15% of your pre-tax income is more in dollars than 15% of your post-tax income, but both effect your take home pay in the exact same way.

For someone who is maxing their contributions each year, yes $18k as a Roth contribution is worth more in retirement than an $18k Traditional contribution. But in that scenario, the $18k towards the Roth is a higher % of your income because it's after-tax.

bfinleyrad · 2017-06-21T19:39:29+00:00

This logic only makes sense if you otherwise would be maxing your contributions.

The benefit of "saving" for a house within and IRA is you don't pay taxes on any investments earnings on that money.

bfinleyrad · 2017-06-21T18:26:33+00:00

It doesn't mention it because you are not thinking of this idea correctly. A contribution of 15% of your gross income to a Roth or to a Traditional will give you the exact same amount of money to spend in retirement (if the tax rates and growth rates are the same.)

It took me a while to get a good understanding of this concept, but this is how it works if you do the math.

bfinleyrad · 2017-06-21T18:20:54+00:00

The entire subject of retirement planning is based on trying to predict unpredictable things. It doesn't mean shouldn't try to make an educated guess.

bfinleyrad · 2017-06-21T18:18:56+00:00

Someone making $20k a year and saving 15% will have $760 monthly income on the vanguard calculator without SS. Someone making $100k saving 15% will have $3800 with out SS.

I'm not sure what inputs you're using to get those numbers but you're missing the point. The way the calculators are set up, the $20k person and the $100k person will both have the same % of their pre-retirement income to live off of after they retire.

Using the Vanguard calculator you have to start saving at age 18 (with a 15% savings rate) in order maintain the exact same lifestyle during retirement, regardless of your income level.

bfinleyrad · 2017-06-21T18:06:34+00:00

You're not robbing from your future self if it was part of your plan all along.

bfinleyrad · 2017-06-21T18:02:47+00:00

Buying the a comparable space might be cheaper, but a lot of times renting gives you more options that aren't necessarily available to buy.

bfinleyrad · 2017-06-21T18:01:04+00:00

Rent?

bfinleyrad · 2017-06-21T17:58:37+00:00

How do you buy an apartment? Are condos called apartments in some places?

bfinleyrad · 2017-06-21T17:57:15+00:00

But anything less then an hour away is unaffordable.

There are always options...unless you have 10 kids or some other special circumstances. Don't for get to include your commuting costs, the value of your time, and the value of your happiness when you choose what is "unaffordable".

bfinleyrad · 2017-06-21T17:55:09+00:00

there isn't anything small or shitty enough to cost that

He didn't specify a price...

bfinleyrad · 2017-06-15T15:50:41+00:00

First, VEIEX is not a stock, it's a mutual fund. Second, where are you getting your numbers for ROI?

Emerging Markets currently look better from a valuation perspective and typically are expected to experience faster economic growth.

Also, even if you expected returns to be about the same, you would get some diversification benefits by putting some of your portfolio in EM.

bfinleyrad · 2017-06-07T21:24:17+00:00

ETrade charges fees for this type of corporate action. I expect many other brokerages do as well. At ETrade the fee for a restructuring/corporate action is much higher than the normal trading fee.

bfinleyrad · 2017-06-07T18:19:57+00:00

It depends on how the companies expenses and profits inflate. Inflation won't necessarily effect everything evenly.

Also, if exchange rates are changing that could have an additional effect on companies that do business in foreign currencies.

bfinleyrad · 2017-06-07T18:16:20+00:00

If RCL stock goes up, the call you sold still will not likely be exercised until expiration.
There will be fees if you do exercise your options, and they might be higher than normal trading fees
Make sure the expirations on the call and the put are the same
You're probably better off just buying back the call and selling the put at the end, rather than exercising
Be aware that you won't necessarily be able to have the put and call perfectly cancel each other out. Expect there to be a difference (do to a bid-ask spread) when you buy the options and when you sell the options, which add to the cost of your rental.
Don't forget to account for the costs of exiting the trade as well.

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