Wealth Out West

[...] interesting thought experiment and leave with a better understanding of your home equity. Earthquake Insurance By default, homeowners insurance does not include coverage for earthquake damage — [...]

[...] should really be recognized monthly. So how do I account for these when I evaluate my monthly expenses? Example: Property Taxes due Semiannually In San Francisco, the fiscal year for secured [...]

[...] high does Wealthfront’s AUM need to be before their monthly revenue is equal to their monthly expenses? Wealthfront’s Operating Expenses Let’s do a very high level estimate of [...]

[...] in the Bay Area with magnitudes greater than 6.5.  That quiet period ended with the Loma Prieta Earthquake in 1989. 1989 Loma Prieta Earthquake The Loma Prieta Earthquake struck at 5:04 p.m. on [...]

[...] fees on $670 million, or 83%, of its AUM. That’s total annual revenue of $1,675,000, or monthly revenue of approximately $140,000. Here’s the math in table format (assumptions are in blue, [...]

[...] could be better spent elsewhere — like surfing! ___ David Bach is famous for his “Latte Factor”: the idea that you can save a huge amount of money over your lifetime by foregoing [...]

[...] ,000 per year in revenue. However, this actually overestimates the company’s revenue. Wealthfront manages the first $10,000 of each client’s portfolio for free. They also offer a referral [...]