Search found 151 matches

by InvestoGuy
Sat Sep 30, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 108
Views: 17547

Re: Becoming a Landlord: My Experiences

Very good post and comments denovo. About 10 years ago, my wife inherited two small rental condos in Honolulu (not vacation rentals). I wanted to sell them to not deal with being a landlord. But they are my wife's connection to her hometown, so we are landlords. Fortunately, there was no debt with ...
by InvestoGuy
Fri Sep 29, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 108
Views: 17547

Re: Becoming a Landlord: My Experiences

Excellent post. I am considering owning some rental property, however, I always wonder what the returns are compared to putting it in a simple index fund. How has your investment done, till today right from inception, compared to a simple index fund during the exact same time period?
by InvestoGuy
Thu Sep 28, 2017 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: I am in the investment advice industry and I'm not sure if I provide any value
Replies: 67
Views: 6831

Re: I am in the investment advice industry and I'm not sure if I provide any value

Simple answer: Yes there is value in having an ethical FP. There are so many folks out there who are clueless about the basics of investing, diversification, tax strategies, inheritance planning etc. that you can certainly provide value. How much do you charge, well that depends on the value you are...
by InvestoGuy
Thu Sep 28, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring Inheritance Funds from a Foreign Source
Replies: 2
Views: 306

Transferring Inheritance Funds from a Foreign Source

Hello, I am a US citizen and recently received some inheritance from parents who live in India. The money is currently sitting in an Indian bank in a NRO account. 1. What is the most tax efficient way of transferring this to the US? 2. Generally speaking, what are my tax liabilities and what strateg...
by InvestoGuy
Wed Aug 09, 2017 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Backpack qualified expense for 529 plan?
Replies: 19
Views: 1692

Re: Backpack qualified expense for 529 plan?

I can give you my opinion, but it doesn't count. The US Tax Court is the entity whose opinion matters in this particular instance. You can research the tax court rulings on qualified expenses for 529 plans. You can review one Tax Court case here: https://www.ustaxcourt.gov/UstcInOp/OpinionViewer.as...
by InvestoGuy
Tue Aug 08, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Backpack qualified expense for 529 plan?
Replies: 19
Views: 1692

Re: Backpack qualified expense for 529 plan?

livesoft wrote:I will say, "No, since a backpack is not a required expense."

We stick to books, room & board, tuition, and required fees.
Well, 529 allows Laptops, software, and supplies. So was wondering if a backpack falls under supplies?
by InvestoGuy
Tue Aug 08, 2017 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Backpack qualified expense for 529 plan?
Replies: 19
Views: 1692

Re: Backpack qualified expense for 529 plan?

Grt2bOutdoors wrote:https://www.irs.gov/pub/irs-pdf/p970.pdf

Pgs. 57-59; what does it say?
Not a whole lot, with regards to my specific question, unless I am missing something.
by InvestoGuy
Tue Aug 08, 2017 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Backpack qualified expense for 529 plan?
Replies: 19
Views: 1692

Backpack qualified expense for 529 plan?

Hello,
I searched a bit on the internet but could not come up with a specific list of qualified school supplies for a 529 plan. I bought a $34 backpack and a $17 laptop sleeve. Are these qualified Supplies expenses?
Thanks.
by InvestoGuy
Mon Jun 12, 2017 5:15 pm
Forum: Personal Consumer Issues
Topic: Traveling to UK/France: Suggest a pre-paid SIM Card
Replies: 17
Views: 1660

Re: Traveling to UK/France: Suggest a pre-paid SIM Card

If you bought your phone from Verizon, it is likely locked (unless established otherwise). If you bought it outside for full price and took it to Verizon, probably unlocked. You need to be sure it supports GSM and European frequencies (I think that is normal for Iphone6, but I don't use iphone). If...
by InvestoGuy
Sun Jun 11, 2017 3:55 pm
Forum: Personal Consumer Issues
Topic: Traveling to UK/France: Suggest a pre-paid SIM Card
Replies: 17
Views: 1660

Re: Traveling to UK/France: Suggest a pre-paid SIM Card

curmudgeon wrote:two key questions: is your iphone unlocked (or can you get it unlocked based on your contract)? Which country will you start in?
From what i can tell it is unlocked. I am currently in the US on the Verizon network.
by InvestoGuy
Sun Jun 11, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Traveling to UK/France: Suggest a pre-paid SIM Card
Replies: 17
Views: 1660

Traveling to UK/France: Suggest a pre-paid SIM Card

Hello,
Based on prior experience, can someone please suggest me a pre-paid SIM card for use in UK and France.

I have the iPhone 6 and currently on Verizon so will need something that works with it.
Just basic Voice and Texting, minimal Data needs.

Thank you.
by InvestoGuy
Fri Jun 09, 2017 8:50 am
Forum: Investing - Theory, News & General
Topic: Does anyone feel they missed out on AMZN, NFLX,TSLA?
Replies: 103
Views: 8612

Re: Does anyone feel they missed out on AMZN, NFLX,TSLA?

I woke up this morning thinking exactly the same. However, this is how I pacify myself: 1. When you have made a conscious decision to invest in Indexes at a low cost, you have agreed that you will be happy with the 'average' return of the market, at a low cost. Thus, mathematically speaking you will...
by InvestoGuy
Thu Jun 08, 2017 1:58 pm
Forum: Personal Consumer Issues
Topic: Used 2013 Audi A5 or New Honda Accord Sport
Replies: 71
Views: 6665

Re: Used 2013 Audi A5 or New Honda Accord Sport

Neither, just use Uber. Go buy VTI with the $15K and save on insurance as well. That's what I did. :happy
by InvestoGuy
Wed Jun 07, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Financially independent and then market crashes?
Replies: 54
Views: 6803

Re: Financially independent and then market crashes?

Sorry, a very basic question: 25X of what? Annual expenses? What all should this calculation include, as a rule of thumb. The whole idea originates in some studies back in the early 90's that showed that the most money people could withdraw from typical portfolios and mostly not run out of money be...
by InvestoGuy
Wed Jun 07, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Financially independent and then market crashes?
Replies: 54
Views: 6803

Re: Financially independent and then market crashes?

Sorry, a very basic question: 25X of what? Annual expenses? What all should this calculation include, as a rule of thumb.
by InvestoGuy
Wed Jun 07, 2017 12:57 pm
Forum: Personal Consumer Issues
Topic: Headed to Montreal tomorrow! Need advice!
Replies: 11
Views: 1058

Re: Headed to Montreal tomorrow! Need advice!

Always use the ATM. Always. Every bank I've used has given me the spot exchange rate. Make sure yours doesn't charge a foreign transaction fee or anything (I haven't ever seen this, but I suppose it's possible). Also check your credit cards and see if you have one that does not charge a foreign tra...
by InvestoGuy
Tue Jun 06, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2692
Views: 862958

Re: What Book Are You Currently Reading? Part VI

Charlie Munger: The Complete Investor by Tren Griffin (Author)

This is not just about value investing but also but behavioral aspects of the human race. The psychology of human mis-judgement is discussed well.
by InvestoGuy
Mon May 23, 2016 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Excessive Expense Ratios for Index Funds in 401(k)
Replies: 10
Views: 922

Re: Excessive Expense Ratios for Index Funds in 401(k)

Thank you all for your replies. The funds I have is the: PLFMX with an ER of 0.78%. (and similar other funds with 0.73 to 0.78% ERs). So it does look like they are trying to pass on the Admin Fees to us. I guess I don't have choice here, than go with the flow and enjoy the 'tax advantages' of the 40...
by InvestoGuy
Mon May 23, 2016 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Excessive Expense Ratios for Index Funds in 401(k)
Replies: 10
Views: 922

Excessive Expense Ratios for Index Funds in 401(k)

Hello, We are a small company and just recently got a 401(k) plan. I was thrilled and excited when I heard that, but soon was in despair when I saw the E/R for the index funds offering. The E/R for a S&P 500 Index fund is about 10 times more than that of an equivalent Vanguard or Fidelity Sparta...
by InvestoGuy
Mon Dec 21, 2015 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Catrchup for 2015
Replies: 2
Views: 352

401k Catrchup for 2015

Hello, I switched jobs last year in Nov and my new company only started to offer a 401k this year in Nov. Therefore, I am no where near the $18,500 limit for the year. I am under 50, but is there a way for me to catch up in my 401K contributions for the year 2015. I am considering an IRA, but just w...
by InvestoGuy
Mon Dec 07, 2015 1:32 pm
Forum: Personal Consumer Issues
Topic: Looking for a Maltese and a Havanese Breeder
Replies: 3
Views: 611

Looking for a Maltese and a Havanese Breeder

Hello,
We are interested in getting a Maltese or a Havanese pup. Can someone share a AKC certified, ethical breeder for either / both breeds. We live in the Midwest, so Midwest based would be great.
Thanks.
by InvestoGuy
Mon Dec 01, 2014 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: No 401(k) options
Replies: 5
Views: 822

Re: No 401(k) options

Thank you all for the replies. Another piece of information and thus a new question: My wife does have a 401k through her employer. We are contributing the max $18,500 in her account. Will this plan work: I put in $5,500 in my IRA and put in $13,000 more in my wife's 401k, for a total of $31,500 in ...
by InvestoGuy
Mon Dec 01, 2014 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: No 401(k) options
Replies: 5
Views: 822

No 401(k) options

Hello, My company does not provide a 401(k) plan. I researched the other possible options. My conclusions are: 1. IRA: This is an option, however this only allows $5,500 tax-deductible, also I may not qualify based on income for the tax-deductible portion. 2. SEP / SIMPLE IRA: I don't qualify since ...
by InvestoGuy
Tue Oct 29, 2013 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: investing for higher interest
Replies: 9
Views: 1637

Re: investing for higher interest

Hi kd2008,
Have you ever tried or had to remit the money back to US in USD after the FCNR matured or even prematurely? How was that experience?
Regards.
by InvestoGuy
Mon Aug 19, 2013 2:29 pm
Forum: Personal Consumer Issues
Topic: Help with Apple Time Capsule
Replies: 2
Views: 535

Help with Apple Time Capsule

Hello: A friend of mine is using the Apple Time Capsule device for backups. He has over 3-4 years of data backed up on it. Recently, after getting a new MacBook Air he was no longer able to access and retrieve the files on Time Capsule. The message is somewhere along the lines of 'incompatible OS et...
by InvestoGuy
Wed Jul 31, 2013 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Taxation for NRO Accounts
Replies: 0
Views: 209

Taxation for NRO Accounts

Hello:
I am a US Citizen with a NRO account in an Indian bank. What are my tax liabilities for the account, either in India or in the US for the original principal amount and for the interest received?
Regards.
by InvestoGuy
Fri Apr 05, 2013 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: W-2 Box 12 Code V - What do I need to do about that?
Replies: 3
Views: 10480

Re: W-2 Box 12 Code V - What do I need to do about that?

Thanks dbr. At that point you will enter the correct cost basis. In fact I assume under new broker reporting requirements the broker will report the correct cost basis as covered shares. How do I calculate the 'correct cost basis' and how do I figure out which shares are the one being referred to in...
by InvestoGuy
Fri Apr 05, 2013 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: W-2 Box 12 Code V - What do I need to do about that?
Replies: 3
Views: 10480

W-2 Box 12 Code V - What do I need to do about that?

Hello: On my W-2, in box 12, I have a certain amount with code V in it. Per my understanding, Code V is Income from exercise of nonstatutory stock options, which is already included in my W-2 as income. I am confused on what I need to do about this, regarding tax reporting. Based on my research I go...
by InvestoGuy
Fri Feb 08, 2013 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: How to leverage Brokerage Account in 401(k)
Replies: 1
Views: 301

How to leverage Brokerage Account in 401(k)

Hello All, My 401(k) provider gives us the option of a Brokerage Account through the 401(k). I use that and have setup Vanguard ETFs per my AA. Currently, my bi-monthly 401(k) contribution goes to the non-brokerage side of the account, in which I have picked Vanguard equivalent funds that are availa...
by InvestoGuy
Tue Jan 15, 2013 11:19 am
Forum: Personal Consumer Issues
Topic: Recommend a vehicle similar to the Acura MDX
Replies: 9
Views: 1961

Recommend a vehicle similar to the Acura MDX

I have zeroed in on an Acura MDX as a potential next vehicle, however, I am realizing the 2009/2010 models have very poor mileage (15/20). We are interested in a similar sized SUV, but with a better mileage. What other vehicles should I consider? The RDX and Lexus RX 300 is a tad small and anything ...
by InvestoGuy
Tue Jan 15, 2013 11:16 am
Forum: Personal Consumer Issues
Topic: Questions to ask when buying a used car
Replies: 12
Views: 1342

Re: Questions to ask when buying a used car

Thank you all for your great insights. I learned a lot of new things. This is great info. Regards.
by InvestoGuy
Mon Jan 14, 2013 9:59 am
Forum: Personal Consumer Issues
Topic: Questions to ask when buying a used car
Replies: 12
Views: 1342

Questions to ask when buying a used car

Folks: I have identified a used Acura MDX 2009. I am about to start negotiations with the dealer. The car is not In my town, so a physical inspection / test drive is not possible. Need some advice on: 1. Other than Edmunds and KBB, how do I determine the price is fair? 2. How do I make sure it is no...
by InvestoGuy
Sat Jan 12, 2013 10:40 am
Forum: Personal Consumer Issues
Topic: Things to do in Seattle and Vancouver in Feb
Replies: 14
Views: 1162

Re: Things to do in Seattle and Vancouver in Feb

I live in Bellingham (about 80 miles north of Seattle). Worst month to visit of course, but the San Juan Islands are beautiful (there are over 100 islands in Puget Sound Bay). You can take a ferry from Anacortes. Also the drive up Mt Baker is incredible right here in Bellingham. In Seattle downtown...
by InvestoGuy
Sat Jan 12, 2013 10:00 am
Forum: Personal Consumer Issues
Topic: Things to do in Seattle and Vancouver in Feb
Replies: 14
Views: 1162

Things to do in Seattle and Vancouver in Feb

I have the opportunity to spend a weekend the first week of Feb in Seattle and/or Vancouver. I love to do outdoorsy things, but given the season, would you recommend anything outdoor? What recommendations do you have for outdoor / indoor things in either cities?
by InvestoGuy
Fri Jan 11, 2013 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Getting Canadian $
Replies: 30
Views: 1884

Re: Getting Canadian $

I am only talking a small amount here for food and entertainment, maybe $500-600 bucks.
by InvestoGuy
Fri Jan 11, 2013 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Getting Canadian $
Replies: 30
Views: 1884

Getting Canadian $

Hello:
I may have to travel to Canada for a few days. Where will I get the best rate to convert USD to Canadian Dollars?
Should I do it at a local bank in the US or a bank in Canada or just go to the ATM in Canada and withdraw money there?
Thanks.
by InvestoGuy
Thu Jan 03, 2013 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on spouse’s elderly parents’ move to the US
Replies: 6
Views: 768

Re: Advice on spouse’s elderly parents’ move to the US

Thank you all for your responses. I appreciate the advice. Looks like lot more research to do.
Any other information / advice is welcome as well. More posters the better.
by InvestoGuy
Thu Jan 03, 2013 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Advice on spouse’s elderly parents’ move to the US
Replies: 6
Views: 768

Advice on spouse’s elderly parents’ move to the US

Advice on spouse’s elderly parents’ move to the US I would appreciate some input / suggestions on the following situation. Spouse’s Parents: Age: 82 and 76. Citizenship: NOT US Citizens. Another 6 years for citizenship. Green card Status: In process, will take another year. Current Domicile: Outside...
by InvestoGuy
Sat Nov 03, 2012 6:23 pm
Forum: Personal Consumer Issues
Topic: Confession + POLL: I succumbed to an iPad mini
Replies: 97
Views: 6696

Re: Confession + POLL: I succumbed to an iPad mini

I bought a Surface and totally loving it.
by InvestoGuy
Mon Sep 17, 2012 5:47 pm
Forum: Personal Consumer Issues
Topic: Any Prius owners?
Replies: 37
Views: 4624

Re: Any Prius owners?

I was under the impression that you need to change the Battery
every 2-3 years and that can be very expensive. Is that true.
by InvestoGuy
Sun Sep 16, 2012 1:15 pm
Forum: Personal Consumer Issues
Topic: How to start a startup
Replies: 16
Views: 1738

Re: How to start a startup

Thank you all for taking the time to read my post and responding. I appreciate it. Regards.
by InvestoGuy
Fri Sep 14, 2012 8:38 am
Forum: Personal Consumer Issues
Topic: How to start a startup
Replies: 16
Views: 1738

How to start a startup

Folks: Simple ask to the entrepreneurs on this forum. I have a idea I want to see implemented as a Startup. I don't have much money to spend on it, but I have also realized that the best way to start a startup is using someone else's money, a.k.a VCs. What are the concrete next steps I should take t...
by InvestoGuy
Tue Sep 04, 2012 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Input on allocating funds for 401(k)
Replies: 4
Views: 399

Re: Input on allocating funds for 401(k)

GRT2BOUTDOORS wrote:Does it offer Total Stk Market index or a combination of Large Cap Index + Extended Index? If so, eliminate the small cap active options with no worries.

Yes it does offer the Spartan 500 Index Fund for large caps and the Spartan Extended Market Index Fund for mid caps.
by InvestoGuy
Tue Sep 04, 2012 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Input on allocating funds for 401(k)
Replies: 4
Views: 399

Input on allocating funds for 401(k)

I am helping someone select funds for their 401(k) plan. To make a long story short, the 401(k) plan offers Index funds for the all major asset classes except the Small Cap. The only Small Cap funds offered are: ALLNZ NFJ SMCAPVAL I (PSVIX): e/r 0.86% and Royce Value Plus Fund Institutional Class (R...
by InvestoGuy
Tue Sep 04, 2012 3:30 pm
Forum: Personal Consumer Issues
Topic: Info on Rotary Club
Replies: 6
Views: 1017

Re: Info on Rotary Club

Sheepdog: I have visited several foreign countries because of international Rotary conventions which I wanted to attend and for our club's international projects such as providing a pasta factory in Argentina to provide employment for handicapped persons there. I have entertained and enjoyed Rotaria...
by InvestoGuy
Tue Sep 04, 2012 1:37 pm
Forum: Personal Consumer Issues
Topic: Info on Rotary Club
Replies: 6
Views: 1017

Info on Rotary Club

A friend of mine recently invited me to join the local chapter of the Rotary club. I was wondering if there are any Rotarian bogleheads and how their experience has been and if they would recommend it?
Any thoughts / tips on this.
Thanks.
by InvestoGuy
Mon Jul 30, 2012 6:02 pm
Forum: Personal Consumer Issues
Topic: Quotable Quotes from Bogleheads
Replies: 5
Views: 826

Quotable Quotes from Bogleheads

[Edited to add Nisiprius's quote. My apologies, how could I forget one of the most prolific posters]. Folks: Over the past few months I have collected some interesting signature quotes from our forums. Below is my collection. Please feel free to add to it (if it is part of a Boglehead signature). Th...
by InvestoGuy
Sat Jul 28, 2012 6:12 am
Forum: Personal Consumer Issues
Topic: Bought First iPad - Not sure if we like it
Replies: 104
Views: 10432

Re: Bought First iPad - Not sure if we like it

If you like Windows, you should have waited for Surface or a Windows 8 based slate.
by InvestoGuy
Wed Jun 20, 2012 10:10 am
Forum: Investing - Theory, News & General
Topic: Forbes Article on '6 Reasons Why I Don't Invest In The U.S.'
Replies: 12
Views: 1595

Forbes Article on '6 Reasons Why I Don't Invest In The U.S.'

Folks: Just saw this arcticle on Forbes on '6 Reasons Why I Don't Invest In The U.S. Stock Market': m The author Auren Hoffman sites 6 reasons on why one should not be in the US Stock market. He sites supply and demand as one of the main pivot points stating that as people start or come closer to re...
by InvestoGuy
Wed May 23, 2012 9:55 pm
Forum: Personal Consumer Issues
Topic: 50 things to do before the Sun goes down
Replies: 32
Views: 4982

Re: 50 things to do before the Sun goes down

Impact someones life positively.