Search found 381 matches

by Gamma Ray
Thu Jul 20, 2017 3:47 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Question (adding Taxable investment)
Replies: 0
Views: 130

Portfolio Question (adding Taxable investment)

Emergency funds: Cash reserves Debt: Mortgage about $520k which pays itself with rent. No other debt. Tax Filing Status: Married Filing Jointly, 1 Child Tax Rate: 25% Federal, 8% State, 4% City State of Residence: NY Age: 36 Desired Asset allocation: 75% stocks / 25% bonds Desired International allo...
by Gamma Ray
Fri Jul 14, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: Owning 3 Index funds vs ETFS ?
Replies: 24
Views: 1854

Re: Owning 3 Index funds vs ETFS ?

I use ETFs to tax gain harvest. That's interesting. Is this because you are young and poor (i.e. low marginal tax rate) and you want to increase your cost basis, taking your cap gains now (at lower marginal rates) to reduce the amount of future capital gains? Yes. While in graduate school I'll be i...
by Gamma Ray
Thu Jul 13, 2017 12:32 pm
Forum: Investing - Theory, News & General
Topic: Owning 3 Index funds vs ETFS ?
Replies: 24
Views: 1854

Re: Owning 3 Index funds vs ETFS ?

I am curious, I always hear the ability to sell ETFs mid-day for a quick action... What are some situations where you would want to make that quick change? It's not like an individual stock where you just got a phone call from someone saying XYZ company executive was just arrested, SELL ALL.. :| Yo...
by Gamma Ray
Thu Jul 13, 2017 12:24 pm
Forum: Investing - Theory, News & General
Topic: Owning 3 Index funds vs ETFS ?
Replies: 24
Views: 1854

Re: Owning 3 Index funds vs ETFS ?

I am curious, I always hear the ability to sell ETFs mid-day for a quick action...
What are some situations where you would want to make that quick change? It's not like an individual stock where you just got a phone call from someone saying XYZ company executive was just arrested, SELL ALL.. :|
by Gamma Ray
Fri Jul 07, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Residential Home for $125K. Rent for $1,400 / mo.
Replies: 43
Views: 2572

Re: Residential Home for $125K. Rent for $1,400 / mo.

On the surface it would appear to be a good environment to invest in rentals. In my city, a house that rents for $1400 would sell for more like $200k. Here is a mortgage calculator that I love and use all the time. https://www.vertex42.com/Calculators/home-mortgage-calculator.html A good rule of th...
by Gamma Ray
Fri Jul 07, 2017 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Residential Home for $125K. Rent for $1,400 / mo.
Replies: 43
Views: 2572

Re: Residential Home for $125K. Rent for $1,400 / mo.

Rental Analysis: https://docs.google.com/spreadsheets/d/1V2lMgvZWJdrDaY5-Ew3xQfOZmk4eroVss602emFLzNI/edit?usp=sharing Yeah....I love my spreadsheet. Within seconds, I can vet a property and then test. I think I stole it from a guy at biggerpockets a few years ago. Thanks for the sheet, it gives a r...
by Gamma Ray
Fri Jul 07, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Residential Home for $125K. Rent for $1,400 / mo.
Replies: 43
Views: 2572

Re: Residential Home for $125K. Rent for $1,400 / mo.

Rental Analysis: https://docs.google.com/spreadsheets/d/1V2lMgvZWJdrDaY5-Ew3xQfOZmk4eroVss602emFLzNI/edit?usp=sharing Yeah....I love my spreadsheet. Within seconds, I can vet a property and then test. I think I stole it from a guy at biggerpockets a few years ago. Thanks for the sheet, it gives a r...
by Gamma Ray
Fri Jul 07, 2017 12:45 am
Forum: Personal Finance (Not Investing)
Topic: What are your health insurance stats?
Replies: 89
Views: 5028

Re: What are your health insurance stats?

Some of you guys have ridiculously low deductible and OOP max. I'm guessing you work for large corporations rather than a small business? Premium: $0 Deductible: $4500 Co-Insurance: 60% in network, 50% out of network OOP Max $6500 You are not too bad yourself, assuming that you have HSA set up? Is ...
by Gamma Ray
Thu Jul 06, 2017 12:23 am
Forum: Personal Finance (Not Investing)
Topic: What are your health insurance stats?
Replies: 89
Views: 5028

Re: What are your health insurance stats?

Gaming the heck out of Obamacare. Projected AGI 144% of Poverty Level (PL). Silver Plan with cost sharing. Premium: ~$50/month Deductible: $250/year Co-insurance: 10%, does not apply to prescriptions Max OOP: $600/year Carry forward capital losses are a wonderful thing. Have more than enough to car...
by Gamma Ray
Wed Jul 05, 2017 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: What are your health insurance stats?
Replies: 89
Views: 5028

Re: What are your health insurance stats?

Employer-based coverage, I would need a large raise to cover cost of benefits if I changed jobs (the reduction in straight premium cost to me with new employer from my previous employer was over $8,000, and I had worse coverage there). I am -very- aware of how lucky we are to have such great covera...
by Gamma Ray
Wed Jul 05, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: What are your health insurance stats?
Replies: 89
Views: 5028

Re: What are your health insurance stats?

I am not sure how much relevant this thread to anyone else because there are hundreds of insurance companies and even with their Gold/Platinum/etc tiered plans, nothing matches 1:1 My gold is not same as your Gold even for same insurance company in a different state. Does anyone know if the new law ...
by Gamma Ray
Wed Jul 05, 2017 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: For those of you who handle all the finances, how do you keep your spouse "in the know"
Replies: 54
Views: 5430

Re: For those of you who handle all the finances, how do you keep your spouse "in the know"

I was just thinking about this the other day. My wife has no idea where our money is, for the most part since I moved it around and ended up mostly on Ally, she knows about our Citibank since she has debit card, rest, she doesn't know the account numbers or particulars. I was thinking about writing ...
by Gamma Ray
Tue Jul 04, 2017 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 24013

Re: Capital One 360 $200 bonus

This was discontinued as of July 1st. People had a good run, I missed the chance to open an account for the wife.
by Gamma Ray
Tue Jul 04, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: How to learn about income of sales people in certain field?
Replies: 8
Views: 1214

Re: How to learn about income of sales people in certain field?

In the freight forwarding industry (NVOCC, air freight, ocean freight, brokerage, logistics) it varies by company. Some have higher base and lower variable while others are the opposite. In major airlines cargo salespeople tend to be salaried although that may vary as well. I don't know any specifi...
by Gamma Ray
Mon Jul 03, 2017 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: How to learn about income of sales people in certain field?
Replies: 8
Views: 1214

Re: How to learn about income of sales people in certain field?

Not technology, sorry.
It's sales in international shipping, also known as logistics/ocean and rail transportation. You know the company that got hacked, Maersk, think of their sales. Container shipping basically. Thanks.
by Gamma Ray
Mon Jul 03, 2017 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: How to learn about income of sales people in certain field?
Replies: 8
Views: 1214

Re: How to learn about income of sales people in certain field?

Have you tried Glassdoor or Salary.com? Yes, no luck with them since I am trying to find how the commission and other benefit structures work. They give a "value" which could be anyone's guess really. What I would love to learn is what is the general sales commission for the industry or i...
by Gamma Ray
Sun Jul 02, 2017 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: How to learn about income of sales people in certain field?
Replies: 8
Views: 1214

How to learn about income of sales people in certain field?

My field is pretty specific, and there really isn't a lot of data; And just like all sales, your income depends on how much you make for the company. Every other sales in the company is pretty secretive, and our days go so fast that I won't have time to apply other companies in order to gather incom...
by Gamma Ray
Fri Jun 30, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 24013

Re: Capital One 360 $200 bonus

In the last two months have opened: 2 Chase = $600 2 Wells Fargo = $500 2 Santander = $450 2 Cap One = $400 Total of $1950 It does take a bit of work, especially to make them fee free, but it is worth it. I read that Satander takes very long up to 4 months to give you the $225, also how did you ope...
by Gamma Ray
Mon Jun 26, 2017 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: A Bogleheads success story
Replies: 20
Views: 5373

Re: A Bogleheads success story

Bogleheads meet in person? I never knew that. You did not know that in October 200 of us will be meeting in Pennsylvania? Or that we have local groups, including some outside the U.S.? Victoria I've met VictoriaF in person! And she's just as knowledgeable and witty as one would expect. :) I am sure...
by Gamma Ray
Mon Jun 26, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: A Bogleheads success story
Replies: 20
Views: 5373

Re: A Bogleheads success story

VictoriaF wrote:
Gamma Ray wrote:Bogleheads meet in person? I never knew that.


You did not know that in October 200 of us will be meeting in Pennsylvania? Or that we have local groups, including some outside the U.S.?

Victoria


No idea! Thanks for letting me know, although I don't see the local NY group, there is one for NJ.
by Gamma Ray
Mon Jun 26, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: A Bogleheads success story
Replies: 20
Views: 5373

Re: A Bogleheads success story

Bogleheads meet in person? I never knew that.
by Gamma Ray
Sun Jun 25, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 24013

Re: Capital One 360 $200 bonus

So, which bank bonuses are actually 'churnable'? Meaning you get the bonus and you can reapply for them? Is there a list kept by anyone? I have looked at doctorofcredit website already but did not find such a list. Thanks I believe that Chase is really churnable. you have to buy/get their coupon fi...
by Gamma Ray
Fri Jun 23, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund too large
Replies: 31
Views: 5345

Re: Emergency Fund too large

And you're right that $1K rent on a $250K property would not be a good return. I have four rental properties that are all worth $250K - $315K in the Dallas area though, and the rent varies from $2200 to $2350 on each (3 are duplexes and one is a condo). Of course there are expenses that come out of...
by Gamma Ray
Fri Jun 23, 2017 1:00 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 24013

Re: Capital One 360 $200 bonus

BogleMelon wrote:
Gamma Ray wrote: Do banks blacklist people for doing things like that.

Are you asking me or telling me?

Fixed my typo. I was asking.
by Gamma Ray
Thu Jun 22, 2017 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 24013

Re: Capital One 360 $200 bonus

In the last two months have opened: 2 Chase = $600 2 Wells Fargo = $500 2 Santander = $450 2 Cap One = $400 Total of $1950 It does take a bit of work, especially to make them fee free, but it is worth it. I read that Satander takes very long up to 4 months to give you the $225, also how did you ope...
by Gamma Ray
Thu Jun 22, 2017 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 24013

Re: Capital One 360 $200 bonus

We opened 2 accounts, 1 for me 1 for my wife: Opened and funded each with $10K: 06/13 Balance was available to withdraw: 06/21 (I then transferred both amounts back to our Ally joint bank) $200 rewarded for each account+small interest: 06/22 (Transferring the money and closing the account) Easiest ...
by Gamma Ray
Thu Jun 22, 2017 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 24013

Re: Capital One 360 $200 bonus

Wow, less than a week $200 was deposited into my account. Incredible. Thanks everyone.
by Gamma Ray
Thu Jun 22, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund too large
Replies: 31
Views: 5345

Re: Emergency Fund too large

And you're right that $1K rent on a $250K property would not be a good return. I have four rental properties that are all worth $250K - $315K in the Dallas area though, and the rent varies from $2200 to $2350 on each (3 are duplexes and one is a condo). Of course there are expenses that come out of...
by Gamma Ray
Thu Jun 22, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund too large
Replies: 31
Views: 5345

Re: Emergency Fund too large

In my head I have made my retirement funds (pension, SS, 401K, IRAs) separate from my taxable accounts. My taxable accounts are invested, but at a more conservative allocation (25% equity, 75% fixed income) than my retirement accounts (currently 65% equity, 35% fixed income). There is no reason tha...
by Gamma Ray
Wed Jun 21, 2017 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: NYS Withholding tax changes
Replies: 0
Views: 322

NYS Withholding tax changes

Just got this pushed to all employees by the payroll: https://www.tax.ny.gov/bus/wt/rate.htm If you have employees subject to New York City personal income tax withholding who are earning $500,000 or less per year, revised withholding tax computation rules may affect your payrolls made on or after J...
by Gamma Ray
Tue Jun 20, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Do you think other investment firms are better for taxable investments?
Replies: 15
Views: 1043

Re: Do you think other investment firms are better for taxable investments?

Schwab has a new feature that allows you to check a box to have them do SpecID when selling shares and automatically select the shares with the most losses/least gains. I haven't seen that feature elsewhere and gives a way to do automatic tax loss harvesting for free rather than pay for the "i...
by Gamma Ray
Tue Jun 20, 2017 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Do you think other investment firms are better for taxable investments?
Replies: 15
Views: 1043

Do you think other investment firms are better for taxable investments?

From what I've seen on their websites and demos, some of the other investment firms have much better interface and tools for active investors or is it just an illusion with fancy graphics? With retirement set it and forget it approach, you really don't need to interact much with VG, but I think in t...
by Gamma Ray
Tue Jun 13, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 24013

Re: Capital One 360 $200 bonus

While you're at it, also make sure to apply for the checking account mentioned earlier in this thread. The conditions are even more lenient IMO and you get a $400 bonus :beer Yes , assuming you are referring to this , but it was also discussed and mentioned that the $400 bonus ($200 Checking, $200 ...
by Gamma Ray
Tue Jun 13, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 24013

Re: Capital One 360 $200 bonus

Yes generally those are taxable income. With some of these bonuses you have to read the fine print - some of them are only available 1 per household. Thanks for the reminder, will go through the fine print, although I will wait to see if the bonus shows up soon. It's tricky, I almost forgot to appl...
by Gamma Ray
Tue Jun 13, 2017 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 24013

Re: Capital One 360 $200 bonus

So, If I open the account, deposit $10K, after 1 day withdraw the 10K leaving the account balance at zero, will I still get my bonus after couple of weeks? or the $10K has to be there till I get the bonus? Hey, let them use the money a little bit, you owe them that much. Things like this spoil the ...
by Gamma Ray
Tue Jun 13, 2017 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 24013

Re: Capital One 360 $200 bonus

Hi everyone,
Can I open an account for myself, and another for my wife, and fund both accounts from same HSBC Checking account and get 2 x $200?

Thanks.
by Gamma Ray
Fri Jun 09, 2017 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: How would you invest $50k in 529 with 11 years to College?
Replies: 32
Views: 2842

Re: How would you invest $50k in 529 with 11 years to College?

With answers like this, we know we are at/near a market peak. Some threads from 2009-10 say you have a much shorter time horizon for college vs retirement so you should scale the allocation accordingly. Any money needed in 10 years or less shouldn't be in stocks. I use TR2015 for my 10 year old in ...
by Gamma Ray
Fri Jun 09, 2017 12:11 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 478
Views: 65075

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Hi, before I ask the question elsewhere, I thought I'd ask here. Is there a similar thread for Savings/Checking/MM new account bonus thread? PS: I was thinking about CapitalOne 360 Checking + MM for $400 with extremely low $2000 deposit requirement, but I just read that it's targeted, despite showin...
by Gamma Ray
Fri Jun 09, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: How would you invest $50k in 529 with 11 years to College?
Replies: 32
Views: 2842

Re: How would you invest $50k in 529 with 11 years to College?

Update: My plan was to contribute $50k now and $10k/yr after. I was told by NY529 that I cannot contribute for 4 more years (total 5 yrs) if I deposited $50k now. So rep suggested I deposit $28k now and $28k on Jan 1st then resume contributing as I wish per year (my target $10k/yr) I opened the acco...
by Gamma Ray
Thu Jun 08, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 39
Views: 3898

Re: How Much for 529 Plan

Additional items to consider regarding "How much should I fund" 1) As others have alluded to - certainly take care of Retirement saving needs first While retirement is really important, when you say "take care of retirement savings" most people assume it's for tax advantaged ret...
by Gamma Ray
Thu Jun 08, 2017 12:34 am
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 39
Views: 3898

Re: How Much for 529 Plan

What is the AA for the younger kids' fund?
by Gamma Ray
Fri May 26, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: How would you invest $50k in 529 with 11 years to College?
Replies: 32
Views: 2842

Re: How would you invest $50k in 529 with 11 years to College?

I think you are trying to engineer this too finely and assuming that if you invest aggressively you will get higher returns. You do know that if you take higher risk, which means a higher allocation to stock, you could lose money? You should think about how you will respond if your stocks lose 50% ...
by Gamma Ray
Thu May 25, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: How would you invest $50k in 529 with 11 years to College?
Replies: 32
Views: 2842

Re: How would you invest $50k in 529 with 11 years to College?

123 made a good point above, there is no "holding until it recovers" after the 2nd year of college, especially with a single child, and sadly losses are not tax deductible if I remember correctly. This is why I was considering going aggressive for 5 years and if it's high enough, scaling d...
by Gamma Ray
Thu May 25, 2017 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: How would you invest $50k in 529 with 11 years to College?
Replies: 32
Views: 2842

How would you invest $50k in 529 with 11 years to College?

Hi, Out of all these, which one would you suggest going with for 11 years investment of $50k in 529 with about $5 to $10k yearly deposits for next 10 yrs? https://www.nysaves.org/nytpl/fund/pricePerformance.cs I am considering Growth Porfolio https://www.nysaves.org/nytpl/fund/details.cs?fundId=1003...
by Gamma Ray
Thu May 25, 2017 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund too large
Replies: 31
Views: 5345

Re: Emergency Fund to large

First why is this guy asking so many questions??? Just had foot surgery so computer time has increase by 100%. My emergeny fund is up to $350.000 form the sale of property and savings. I am concered about the money just sitting in the account gaining very little interest(been there for almost one y...
by Gamma Ray
Wed May 24, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone have NY 529, can you see/link your funds to VG account?
Replies: 2
Views: 244

Re: Does anyone have NY 529, can you see/link your funds to VG account?

Thank you, makes me wonder if it's worth the tax benefit to deal with NY529 or go with VG/Nevada for convenience? I know VG doesn't care much about the amount you invest with them, but it's still one less website to keep track of.
by Gamma Ray
Wed May 24, 2017 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone have NY 529, can you see/link your funds to VG account?
Replies: 2
Views: 244

Does anyone have NY 529, can you see/link your funds to VG account?

Since NY 529 offers VG funds, is there anyway to link them together, or do you have to open the account in VG to see them in your VG account?
by Gamma Ray
Tue May 23, 2017 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Emergency Fund
Replies: 33
Views: 3965

Re: Investing Emergency Fund

Paul Merriman's Recommendations for Vanguard gives the following for emergency funds: ⋅  Vanguard Prime Money Market (VMMXX) - First 3-6 months worth of living expenses ⋅  Vanguard Short-Term Corporate Bond Index Admiral (VSCSX) - Funds in excess of 3-6 months of living expenses...
by Gamma Ray
Tue May 23, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Starting a 529 with no children on the horizon?
Replies: 15
Views: 1142

Re: Starting a 529 with no children on the horizon?

If I go this route, the Nevada 529 plan run by Vanguard looks appealing primarily due to the convenience of having all of my investments in Vanguard. I'm planning to get a CPA soon and will discuss this with them, but I'd also very much appreciate this community's thoughts as well. Good luck gettin...
by Gamma Ray
Mon May 22, 2017 11:31 pm
Forum: Investing - Help with Personal Investments
Topic: Safe 5 percent ROI
Replies: 25
Views: 4594

Re: Safe 5 percent ROI

Well, you can beat inflation with TIPS, but you have to take some term risk. Five-year TIPS now are just barely beating inflation, and 7-year TIPS yield is about 0.25%; I already mentioned that 30-year TIPS yield is 0.92% (and has recently been a little over 1%). Daily Treasury Real Yield Curve Rat...

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