VAC Capital

[VAC Capital @vac_capital]

@T_Gatzemeier Hell yea! My client"s son was going back to get his mba, so the year he had no income, we converted his entire IRA to a roth. In the future, when hes making a whole lot more, he can do backdoor roth contributions since he wont have the pro-rata rule to contend with

[VAC Capital @vac_capital]

@markcecchini Honestly just good people. I try to work with younger entrepreneurs but even some of my older retired clients are just great to work with

[VAC Capital @vac_capital]

@seandsweeney These guys have a god-complex. Its really weird, ridiculous, and sad.

[VAC Capital @vac_capital]

@moseskagan @averywlittle Moses you are very rational & fair. No one can deny real inc growth. But this doesnt answer if people can meet the basics. Housing, health, edu all rose faster. The ? is have we allowed housing to become so supply constrained & asset driven that next gen cant buy into the system

[VAC Capital @vac_capital]

@cullenroche My buddy just said that too. Fair point.

[VAC Capital @vac_capital]

@HistoryWJacob Football is like 14min of true gameplay - its pretty ridiculous. Try hockey...thats a sport. It fits all 3 of your points, but Americans somehow still shun the sport.

[VAC Capital @vac_capital]

@compoundinpubli @JOSEPH45075332 Bro youre a boss for being this honest and aware. I hope this grows to $20MM for you and your fam

[VAC Capital @vac_capital]

@WaterworldCapi1 [email protected]... just sending something to that email would be intimidating

[VAC Capital @vac_capital]

@cullenroche @arbseekerguy Yea so say $5mm portfolio, spends $150k/yr, so put aside $450k in 3 year instrument; remaining $4.5MM is diversified portfolio. The $300k is spent in years 1 & 2 and there's 1 year remaining with ~$150k left. You rebalancing and raising $300k from the $4.5mm?

[VAC Capital @vac_capital]

@cullenroche @arbseekerguy This is how I view it too. But lets say you have a liquidity bucket that covers 2-3 years of lifestyle expenses and youre nearing year 3 and that "bucket" is depleted. Do you rebalance from the rest of the portfolio (stocks and bonds) to refill the liquidity bucket?

[VAC Capital @vac_capital]

@HML_Compounder @SowingAlphaSeed This might be the dumbest ? youll receive, but how has it significantly o/p? I mean the timing of the analysis matters no? since US stocks experienced a lost decade from 2000-2010 and commodities/EM dominated. But thats still significant o/p given such strong spx returns since 09

[VAC Capital @vac_capital]

@WarrenPies The counterargument though is not “stocks are in a bubble." It’s that the risk premium being offered may be too low relative to the uncertainty embedded in those margins and growth assumptions. Multiples here make sense if rates were 0-1%...thoughts?

[VAC Capital @vac_capital]

@EconomPic @MebFaber So whats the alternative aside from equities

[VAC Capital @vac_capital]

@DropAPinShow South Georgia and the South Sandwich Islands!

[VAC Capital @vac_capital]

@EnergyCredit1 Also the cock-sucking from the entire UFC roster and management to Trump is just weird. Ive never seen so many guys obsessed with one man

[VAC Capital @vac_capital]

@cullenroche @TR401 The one thing we did all get right is calling San Diego home

[VAC Capital @vac_capital]

@TR401 @cullenroche Oh no. The takes on this entire thread 😂.

[VAC Capital @vac_capital]

@cullenroche @TR401 Yea in n out fries need work. They should experiment and do potato wedges