Search found 32 matches

by Faisal
Wed Oct 04, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Do you foresee a drop in housing prices in the next 5 years
Replies: 53
Views: 5547

Re: Do you foresee a drop in housing prices in the next 5 years

Thank you all for your comments and the information/links provided. Its a wealth of information that I will definitely read through. I just started getting interested in the US stock and real estate market after living 6 odd years in war torn countries and have settled down in life. Thus information...
by Faisal
Tue Oct 03, 2017 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Do you foresee a drop in housing prices in the next 5 years
Replies: 53
Views: 5547

Re: Do you foresee a drop in housing prices in the next 5 years

I was expecting as much :p Ask a boglehead to forecast is asking to be ridiculed
by Faisal
Tue Oct 03, 2017 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Do you foresee a drop in housing prices in the next 5 years
Replies: 53
Views: 5547

Do you foresee a drop in housing prices in the next 5 years

As the title says do you foresee a drop in housing prices due to prices being too high for new potential home buyers being priced out of the market? Edit: To clarify I am not asking if there will be another housing market crash, but that a simple supply and demand issue where prices are too high for...
by Faisal
Mon Jul 03, 2017 7:36 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a credit card/good hotel brand combo
Replies: 20
Views: 1851

Recommendations for a credit card/good hotel brand combo

I originally used SPG when I was single and worked in the third world. So it afforded good classy hotels at a reasonable rate. Now those same hotels in Europe or the US are dated and the service isn't that great. We have a young kid and haven't been on vacation in 2 years and I believe my wife deser...
by Faisal
Tue Jun 13, 2017 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: If i have VTI should I also get VUG?
Replies: 19
Views: 1563

Re: If i have VTI should I also get VUG?

So basically VTI is good enough. Thanks guys. CantPassAgain, thanks for the chart. I completely understand that ETFs change depending on political and economic realities. The idea of a Growth orientated ETF is to follow the bogleheads philosophy. Invest and leave alone. I am just more inclined to t...
by Faisal
Tue Jun 13, 2017 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: If i have VTI should I also get VUG?
Replies: 19
Views: 1563

Re: If i have VTI should I also get VUG?

So basically VTI is good enough. Thanks guys. CantPassAgain, thanks for the chart. I completely understand that ETFs change depending on political and economic realities. The idea of a Growth orientated ETF is to follow the bogleheads philosophy. Invest and leave alone. I am just more inclined to ta...
by Faisal
Tue Jun 13, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: If i have VTI should I also get VUG?
Replies: 19
Views: 1563

Re: If i have VTI should I also get VUG?

VUG is the vanguard growth ETF. I have been shopping around to see if I should add any growth oriented ETFs for my portfolio. The neuron firing reasoning being that the market is doing well. I am relatively young I can handle the risk financially as well as mentally. So thus looking for a growth ori...
by Faisal
Tue Jun 13, 2017 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: If i have VTI should I also get VUG?
Replies: 19
Views: 1563

If i have VTI should I also get VUG?

Hey guys what the title says. I have invested in VTI as well as VXUS and BND. Not my full portfolio. But what I feel is relevant. Would VUG be a redudant overlapping purchase?
by Faisal
Tue Jun 13, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Tax question - Non-US citizen parent wants to gift wealth
Replies: 21
Views: 2272

Re: Tax question - Non-US citizen parent wants to gift wealth

Thanks for all the detailed responses. It is truly appreciated. The under developed country in question has 0 tax collection or implementation and based on my current job I am exempt from paying income tax in my home nation. Its a legal agreement under international law and its well documented in my...
by Faisal
Sun Jun 11, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question - Non-US citizen parent wants to gift wealth
Replies: 21
Views: 2272

Re: Tax question - Non-US citizen parent wants to gift wealth

Thanks.

And I am assuming if or when i sell any of the property or assets I will have to pay taxes on the profit as it is income I have earned. Correct?
by Faisal
Sun Jun 11, 2017 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question - Non-US citizen parent wants to gift wealth
Replies: 21
Views: 2272

Re: Tax question - Non-US citizen parent wants to gift wealth

Thanks guys for all your comnents. My fathrr is not a us citizen. Does not have a green card and isnt interested in getting one. So he is a foriegner but i have a green card thus the tax issue. All phyiscal assets are non us assets. No us bank accounts. All assets handed to me will be abroad. Others...
by Faisal
Sat Jun 10, 2017 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question - Non-US citizen parent wants to gift wealth
Replies: 21
Views: 2272

Tax question - Non-US citizen parent wants to gift wealth

I have a green card. My father who is from a third world country wishes to leave me and my family a sizable "inheritance". He is alive and well but wants to transfer it in my name before he passes. He is 80 plus. He will move to be with us when he feels it is necessary. I am worried about two things...
by Faisal
Fri May 19, 2017 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account - Monthly vs Annual Contribution
Replies: 5
Views: 508

Re: Taxable account - Monthly vs Annual Contribution

Thank you guys. That is really helpful and the logical reason helps. Monthly contribution it is.
by Faisal
Fri May 19, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account - Monthly vs Annual Contribution
Replies: 5
Views: 508

Taxable account - Monthly vs Annual Contribution

Relatively new read of the forum. Asked a few questions earlier. Set up a brokerage account at vanguard using a modified strategy bogleheads recommend. Now I was wondering if I should make monthly contributions to the account or one large lump sum at the end of the year. I am not sure which would be...
by Faisal
Thu May 04, 2017 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Any recommendations for books on Financial Planning?
Replies: 13
Views: 1312

Re: Any recommendations for books on Financial Planning?

Thank you for the recommendation. Will look into it now.
by Faisal
Thu May 04, 2017 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Any recommendations for books on Financial Planning?
Replies: 13
Views: 1312

Re: Any recommendations for books on Financial Planning?

Okay then. Here is the first issue. Live in NYC and trying to find ways to save money. Our biggest expense is transport. Over 50% of our variable cost. If we buy a car we can bring it down to 20% of our variable cost. But need more information on the car buying process and any tips on how to save mo...
by Faisal
Thu May 04, 2017 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Any recommendations for books on Financial Planning?
Replies: 13
Views: 1312

Any recommendations for books on Financial Planning?

Been reading the forums and wiki actively. Have money invested. But I would like more information and knowledge for financial planning for my family's future. Early 30s with a 7 month old. We all have health insurance, life insurance, savings and investments. No debts and are now looking to buy a ho...
by Faisal
Mon Apr 17, 2017 9:35 am
Forum: Investing - Theory, News & General
Topic: Chase.com - Anybody having issues?
Replies: 14
Views: 1924

Re: Chase.com - Anybody having issues?

Avast Malware and Spybot all came up clean. So i tried IE and it worked fine. Thansk for the tip. Gonna clean cache and all.

Worked perfectly. Cache dumping did the trick.
by Faisal
Mon Apr 17, 2017 9:04 am
Forum: Investing - Theory, News & General
Topic: Chase.com - Anybody having issues?
Replies: 14
Views: 1924

Re: Chase.com - Anybody having issues?

Thanks time to do a anti-virus sweep.
by Faisal
Mon Apr 17, 2017 8:58 am
Forum: Investing - Theory, News & General
Topic: Chase.com - Anybody having issues?
Replies: 14
Views: 1924

Chase.com - Anybody having issues?

Hey just wanted to check if anybody was having issues logging into chase.com - it has been giving me an error for a few days now saying looks like the site is not working. Please try again later.
by Faisal
Tue Feb 14, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Forbes Article - Best Vanguard funds for retirement
Replies: 12
Views: 2059

Re: Forbes Article - Best Vanguard funds for retirement

Interesting. Could it be that these are more for building up value for future retirement?
by Faisal
Tue Feb 14, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Forbes Article - Best Vanguard funds for retirement
Replies: 12
Views: 2059

Forbes Article - Best Vanguard funds for retirement

http://www.forbes.com/sites/michaelfost ... 76d8034c75

Since I am looking to invest in Vanguard and following the bogleheads philosophy, would you agree with the article linked above?
by Faisal
Mon Feb 13, 2017 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Need advice on setting up first Investment account
Replies: 14
Views: 826

Re: Need advice on setting up first Investment account

So did some digging at work. I can open up an IRA without any problems. Second they will not share the investment portfolio with me for the pension fund. They said they are not authorized to do so. So I have looked at vanguard and will be using their services with a brockerage account. Would you all...
by Faisal
Sat Feb 11, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on setting up first Investment account
Replies: 14
Views: 826

Re: Need advice on setting up first Investment account

You need to ask the UN or somebody at your work to see if you are eligible to invest in a IRA or Roth IRA because of the pension they offer. Some of the pension plans limit other investment options you can use under US tax laws. So I do not know what you can invest in tax free. Do this ASAP. You an...
by Faisal
Sat Feb 11, 2017 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on setting up first Investment account
Replies: 14
Views: 826

Re: Need advice on setting up first Investment account

I apologies for nothing having this information on hand at the start and should have provide the information up front. This is the market value of our fund. As you can see the nominal rate of return is 2.02% m Secondly I looked at our pension estimate for when i retire its 81,000 dollars a year. Gi...
by Faisal
Sat Feb 11, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on setting up first Investment account
Replies: 14
Views: 826

Re: Need advice on setting up first Investment account

I apologies for nothing having this information on hand at the start and should have provide the information up front. This is the market value of our fund. As you can see the nominal rate of return is 2.02% m Secondly I looked at our pension estimate for when i retire its 81,000 dollars a year. Giv...
by Faisal
Sat Feb 11, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on setting up first Investment account
Replies: 14
Views: 826

Re: Need advice on setting up first Investment account

No CDs. No bonds. No investments. Total savings combined is 250k approximately. No fund for saving for a home. Just cash in savings account. Just to give additional information the UN subsidies my insurance coverage so that is take from my salary straight so I don't have to pay for anything. I get r...
by Faisal
Sat Feb 11, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Need advice on setting up first Investment account
Replies: 14
Views: 826

Re: Need advice on setting up first Investment account

Thanks for the response. No investment accounts at all. I work for the UN so they manage our pension and its nothing I have control over. I contribute to month to the tune of 12,000 a year roughly. The UN doubles that yearly in contribution, so from their end its 24k yearly. Our pension fund functio...
by Faisal
Sat Feb 11, 2017 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Need advice on setting up first Investment account
Replies: 14
Views: 826

Need advice on setting up first Investment account

I had posted earlier about deciding whether to purchase a home or set up an investment account. I found the advice provided here extremely useful and after discussions with our bank and other related financial institutions I have decided to set up a small investment account with Vanguard. Background...
by Faisal
Mon Dec 19, 2016 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Request help with deciding if this is the right time to invest
Replies: 6
Views: 876

Re: Request help with deciding if this is the right time to invest

Thank you all for your response and advice regarding investing. I have added the information regarding insurance and pension in the original post. I have also added that our total liquid assets are roughly 200k in savings and current account. I consider that my emergency fund as my father has Parkin...
by Faisal
Sun Dec 18, 2016 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Request help with deciding if this is the right time to invest
Replies: 6
Views: 876

Request help with deciding if this is the right time to invest

Background Information: 1. Married couple with 3 month old 2. Our main objective is to provide for our son and future. Emergency funds: 6 months available Debt: 0 Debt. No student, credit card, bank, car loans for both of us. Tax Filing Status: Married Filing Jointly Tax Rate: 140k combined income (...