Search found 163 matches

by pasadena
Fri Sep 08, 2017 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: How many funds in your retirement accounts?
Replies: 56
Views: 4603

Re: How many funds in your retirement accounts?

I consider two "buckets" : - Retirement (401k) - invested in a Target Retirement fund (100%) - Probably-Not-Retirement (Roth IRA + Brokerage) - invested in 4 funds (VTSAX (US stocks), VGTSX (Int. Stocks), VWITX (US Bonds), VBTLX (US Bonds). If the Probably-Not-Retirement bucket ever becomes Retireme...
by pasadena
Wed Sep 06, 2017 9:09 am
Forum: Personal Finance (Not Investing)
Topic: How do you track expenses ?
Replies: 58
Views: 3396

Re: How do you track expenses ?

I use YNAB. I moved from YNB4 to the new one (cloud-based) earlier this year. YNAB is one of the best thing that has happened to my finances. Safety-wise, you don't have to link your accounts if that's what is bothering you. Then it's just a bunch of numbers and nothing confidential, really. If your...
by pasadena
Mon Sep 04, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Retention Bonus Question
Replies: 6
Views: 1046

Re: Retention Bonus Question

Just be aware that if it's paid up front, it will include tax withholdings - and if you leave early, you will have to repay the bonus + tax. This means you have to pay more than what you have, until the next tax return comes in. See here for an example. So take it if you want, but save it, and also ...
by pasadena
Sun Aug 27, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Living Expenses - what's "reasonable"?
Replies: 101
Views: 8778

Re: Living Expenses - what's "reasonable"?

I'm single, living in a HCOL area. If I exclude rent, my monthly expenses amount to $1,300 (includes utilities, though). Add some irregular expenses like car maintenance, vet visits and the occasional splurging (travel home (Europe), vacation, new computer *sigh*, misc entertainment) and I'm probabl...
by pasadena
Mon Aug 21, 2017 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 15920

Re: Lost $7000 today in ONE DAY!

Thanks, Fallible, for your kind words. Yes, I have written an IPS - at least an initial one, knowing it may change over time as I learn. Just thought I'd share the simple thing that helps me with a one-day loss of several thousand dollars. If compared to what I earned that day, it will scare me int...
by pasadena
Thu Aug 17, 2017 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 15312

Re: Capital One $400 bonus for new checking account

Thanks for the info. It looks like ACH deposit from Chase checking account is not considered Direct Deposit by Captial One 360. I did two $260 transfers from my Vanguard brokerage account on 8/15. Then the next day Cha-Ching! New Account Bonus of $400 is posted! Can you tell me how you do ACH trans...
by pasadena
Wed Aug 16, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: California - clarification on taxes
Replies: 36
Views: 2570

Re: California - clarification on taxes

At least we get a nice federal tax deduction ..... currently :( . For those making less than the top quintile earners do there are a few higher tax states. Ah. I made that calculation for a friend who was arguing that he would never move to CA because of income tax. He lives in Missouri, which has ...
by pasadena
Wed Aug 16, 2017 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: California - clarification on taxes
Replies: 36
Views: 2570

Re: California - clarification on taxes

Yes, there are limits on Social Security and SDI taxes but as those are reached, you're likely to soon be getting higher tax rates on both federal and state income taxes. Unless you own a house or are extremely generous in your charitable donations, you won't be itemizing deductions until you have ...
by pasadena
Wed Aug 16, 2017 8:14 am
Forum: Investing - Help with Personal Investments
Topic: California - clarification on taxes
Replies: 36
Views: 2570

Re: California - clarification on taxes

JustinR wrote:
Wed Aug 16, 2017 4:27 am
Fed: 28%
State: 9.3%
SDI: 0.9%
Social Security Tax: 6.2%
Medicare Tax: 1.5%
-------
45.9% in taxes?
For what it's worth, Medicare tax rate is 1.45%, not 1.5%.
by pasadena
Mon Aug 14, 2017 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: How does personal wealth affect job hunting?
Replies: 57
Views: 6936

Re: How does personal wealth affect job hunting?

Interesting thread. You speak of wealth, but I wonder if age isn't also a big factor. Both are usually correlated, so it might be hard to separate the two. I'm not wealthy, and nowhere near FI (late starter in the saving money game) but as I grow older, and get more experience, I see the same shift ...
by pasadena
Mon Aug 14, 2017 12:48 am
Forum: Personal Finance (Not Investing)
Topic: US Social Security Income Benefit For Non-Citizen?
Replies: 11
Views: 1424

Re: US Social Security Income Benefit For Non-Citizen?

After having paid Social Security tax long enough to get 40 credits (which translates to ~ 10 years), you are eligible to benefits. Now, how this benefit is paid (or not) depends heavily on the tax treaty between the US and your country. I haven't read the one with Spain, but you may want to start h...
by pasadena
Thu Aug 10, 2017 1:08 am
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 17121

Re: Life at crossroads. What would you do ?

How hard would it be for you to update your skill set ? You say you're a data scientist - that's seriously trending these days, if you can learn the current techs in the domain. 40 y-o is old for a software developer in top tech the big Bay Area companies and start ups. It's not necessarily old outs...
by pasadena
Tue Aug 08, 2017 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: Invest in the US - planning to leave after 2-3 years
Replies: 18
Views: 1778

Re: Invest in the US - planning to leave after 2-3 years

It's in Article 18 (Pensions) - Modified in the 2009 protocol “Payments under the social security legislation or similar legislation of a Contracting State to a resident of the other Contracting State or to a citizen of the United States, and pension distributions and other similar remuneration ari...
by pasadena
Tue Aug 01, 2017 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: Invest in the US - planning to leave after 2-3 years
Replies: 18
Views: 1778

Re: Invest in the US - planning to leave after 2-3 years

To transfer from my US bank to my FR bank I am using an external service: transferwise . (disclaimer: the link is a referral. You'll get $500 transfer, I'll earn $50). Hey, I was researching them. If I ever need to transfer money, they're in my short list. I'll keep your link :) But between the lin...
by pasadena
Mon Jul 31, 2017 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 42
Views: 5806

Re: Vanguard Money Market vs. Savings Accounts

I gather that you're not planning on using all that cash any time soon. If that's the case, and if I were you, I would open a bunch of no-penalty CD's at Ally, with $25k each at 1.5% APY.
by pasadena
Sun Jul 30, 2017 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Invest in the US - planning to leave after 2-3 years
Replies: 18
Views: 1778

Re: Invest in the US - planning to leave after 2-3 years

I am transferring $1500 to my French account every month to grow my investments there. May I ask which bank you're using in France ? Mine (HSBC) closed my account in January this year (probably because of FATCA), so I don't have a bank account in France anymore, just an old Assurance Vie with 500 e...
by pasadena
Sat Jul 29, 2017 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 188
Views: 20191

Re: How Much in Your Emergency Fund And Is It Used?

Mine is around 25k. That's about 7 months of regular expenses, but really I chose that number because it would cover a new car, or repatriation, with some buffer. I recently decided to up my cash savings on top of it, because my situation at work became a bit uncertain and simultaneously opened a ho...
by pasadena
Sat Jul 29, 2017 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Should you wait until the due date to pay credit card balance?
Replies: 126
Views: 8386

Re: Should you wait until the due date to pay credit card balance?

I have 3 CC, and pay them all off completely at the end of every month. I completely disregard statement amount and due date - I simply get them to 0 at the end of the month. I do make sure my usage is low just before the statement dates (trying to improve my credit score) and may pay them down a bi...
by pasadena
Fri Jul 28, 2017 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Invest in the US - planning to leave after 2-3 years
Replies: 18
Views: 1778

Re: Invest in the US - planning to leave after 2-3 years

The FR/US tax treaty does recognize US 401(k) and IRA as retirement plans. They are taxed in the US, regardless of residency at the time. That's good :) You say you want to let the rollover IRA be for 10 years. What do you plan to do after that ? As a NRA, any withdrawal (or transfer to the Roth IRA...
by pasadena
Sun Jul 23, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 43
Views: 5646

Re: non-resident alien(UK), convert IRA to Roth, tax ?

As an update to the final posting on the above thread... two weeks ago I successfully converted $4,050 of my 401k into a Roth IRA at Vanguard with no tax withholding or other unexpected or unwanted issues. Everything had to be done by paper, which was a bit of a nuisance, but I suspect the reason f...
by pasadena
Sat Jul 22, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: What's your personal savings rate?
Replies: 135
Views: 11657

Re: What's your personal savings rate?

I save ~15% of my gross income (401(k) and HSA) - maxing out both. I don't count employer match in my income or in my savings rate. THEN I save ~35 to 45% of my take-home income, depending on whether or not I have overtime. This is divided between savings, backdoor Roth, and brokerage accounts. My m...
by pasadena
Wed Jul 19, 2017 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 15312

Re: Capital One $400 bonus for new checking account

Still waiting for my bonus, did two transfers from my brick and mortar bank and my Capital One savings account, the last transaction cleared on 6/30. Transfers need to post as direct deposits. I had to do it from Vanguard - brick and mortar back didn't work, and I don't think CO savings would work ...
by pasadena
Wed Jul 19, 2017 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 15312

Re: Capital One $400 bonus for new checking account

Opened on 6/19. $250 from Ally and $250 from my employer DD 6/30. No Bonus Additional DD of $250 from employer on 7/14. No Bonus. I never did activate my debit card. I'm debating sending them a vague message asking. I didn't activate mine either. If your second DD cleared last Friday, you should at...
by pasadena
Wed Jul 19, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Those Of You In a HCOLA - What's Your Financial Plan
Replies: 68
Views: 7138

Re: Those Of You In a HCOLA - What's Your Financial Plan

I live in LA. My personal situation is quite different from yours, though. I'm older (early 40's), so I do earn quite a bit more, and single. But if you want a datapoint, here's mine. Income : a bit under $140k. Take home pay is ~$5,600 (after taxes, HSA, health insurance, 401(k)) 401(k) : Maxed Out...
by pasadena
Sun Jul 16, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Hello there [question about savings]
Replies: 10
Views: 930

Re: Hello there [question about savings]

There's an old Warren Buffett quote, "Don't save what's left after you spend. Spend what's left after you save." This, right there, is what changed my financial life forever. Not the quote itself, but the idea behind it. My finances made a complete turnaround when I finally did this and started sen...
by pasadena
Sat Jul 15, 2017 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving California, will I be taxed?
Replies: 11
Views: 1360

Re: Leaving California, will I be taxed?

California cannot tax no-residents on their non-California income . However, the trap lays in how California defines "resident". They can (and from what I've read, will) come after you if they can find *any* tie to CA. So in order to avoid that, you must sever all ties. Since you don't own property,...
by pasadena
Sat Jul 08, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: How much of an increase of salary would you expect before switching jobs?
Replies: 94
Views: 6890

Re: How much of an increase of salary would you expect before switching jobs?

If this is their first offer, then they are most probably expecting you to counter. Now, what you want to negotiate on is up to you, but whatever you do, know exactly what you're willing to accept or not. - Vacations : in some companies, it's really easy to negotiate an additional week. In others it...
by pasadena
Sat Jul 08, 2017 12:06 am
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 15312

Re: Capital One $400 bonus for new checking account

Another data point. Got the bonus. Not targeted, nor in the area. Used Vanguard to trigger the bonus. Bonus showed up 1 day after the 2nd deposit from VG. Same for me. It took 10 days for VG to add the external account (3 days for the micro-deposits to post, then 7 days for them to approve the acco...
by pasadena
Thu Jul 06, 2017 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: What is a Normal Spending Percentage of Take-Home Pay?
Replies: 29
Views: 2617

Re: What is a Normal Spending Percentage of Take-Home Pay?

Your question is weird. By definition, what you don't spend is saved, right ? I consider savings to be "everything left", so my net is $0. Also, how do you count 401(k) as part of your take-home pay ? Since you ask for numbers, my take-home pay (gross minus 401(k), HSA, health insurance and taxes) i...
by pasadena
Wed Jul 05, 2017 10:21 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: 5795

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

I don't have a spouse, but I set it all up so my sister can access everything if anything happens to me. All my account info (login info, but also account numbers and bank details, my 401(k), all my insurances, even the cats' chip numbers.) are in 1password. I like it because I can use it on both Ma...
by pasadena
Mon Jul 03, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Unfounded Fear?
Replies: 16
Views: 1564

Re: Unfounded Fear?

Note that if they are on H-2B visas those are tied to a particular employer. Not sure how easy it would be to get a green card with that visa, either. It doesn't really matter here, but in IT, it's most probably H1-B visas. If this is the case, and these people lose their jobs, then they would have...
by pasadena
Sun Jul 02, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: People who receive employer 401k contributions, how is it accounted on paystubs?
Replies: 28
Views: 2304

Re: People who receive employer 401k contributions, how is it accounted on paystubs?

Mine appear in a section called "Employer Paid Benefits", along with their health and life insurance contributions. It's labeled "401K ER Ctrb USP1" and is not counted in the tax base of anything.
by pasadena
Sat Jul 01, 2017 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Ally raised their savings account rate to 1.15%
Replies: 18
Views: 3136

Re: Ally raised their savings account rate to 1.15%

But remember that another option to their savings account is their 11 month no penalty for early withdrawal CD at 1.50%. If you have $25,000 to save, yes, it's a good option. As long as you have $5,000 to save, the Ally no-penalty CD is still better at 1.25% for $5,000 - $24,999.99 balances. I'm tr...
by pasadena
Sat Jul 01, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Those who max 401k
Replies: 55
Views: 7129

Re: Those who max 401k

I don't understand. Do you mean why not have another Ira on the side with $5k/year? The maximum 401k is $18k. The $18k (24k, if age 50 or over) is the maximum Tax-deferred contribution limit. The IRS allows up 54k (60k, if age 50 or over) to be contributed (combined employee + employer) to a 401k. ...
by pasadena
Fri Jun 30, 2017 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Ally raised their savings account rate to 1.15%
Replies: 18
Views: 3136

Re: Ally raised their savings account rate to 1.15%

brak wrote:But remember that another option to their savings account is their 11 month no penalty for early withdrawal CD at 1.50%.
If you have $25,000 to save, yes, it's a good option.
by pasadena
Fri Jun 30, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Ally raised their savings account rate to 1.15%
Replies: 18
Views: 3136

Ally raised their savings account rate to 1.15%

I apologize if this has already been reported, but I didn't see a post. Ally has raised their savings account rate to 1.15% today, up from 1.05%. Mine doesn't reflect it yet, but the chat rep said it would show the increased rate by the end of the day / tomorrow. https://www.ally.com/bank/view-rates...
by pasadena
Tue Jun 27, 2017 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 25748

Re: Capital One 360 $200 bonus

I'm still waiting for Vanguard to approve the new bank account. Hopefully it doesn't take them a week (I validated the test deposits this morning). My transfer from HSBC was coded as P2P so it didn't work. Vanguard took 8 days to approve the new bank after I have confirmed the two micro-deposits. T...
by pasadena
Tue Jun 27, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 25748

Re: Capital One 360 $200 bonus

VA resident. I got my $200 bonus for the MM, and now I am waiting for the $400 for the checking. My transfers from PenFed and NavyFed did not qualify for the bonus, and now I am waiting for the Vanguard transfers to get through. Victoria I'm still waiting for Vanguard to approve the new bank accoun...
by pasadena
Fri Jun 23, 2017 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Can you share some of your financial goals?
Replies: 69
Views: 8127

Re: Can you share some of your financial goals?

I was too late to the game for FI, but my goals are : 1) Peace of mind - have enough money to weather any storm life may throw at me 2) Buy a home - hopefully in ~2 years. It'll be my first, and I'll be 45 years old. Talk about starting late 3) See 1. Basically, my long-term goal is to be financiall...
by pasadena
Fri Jun 23, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 15312

Re: Capital One $400 bonus for new checking account

I opened one a few days ago, but I've yet to make a qualifying DD. My next paycheck is next Friday, so unless transfers from HSBC work (which I doubt), I will have to wait another 3 weeks+ before I see if it works.
by pasadena
Thu Jun 22, 2017 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Sending money and confirming receipt?
Replies: 18
Views: 1296

Re: Sending money and confirming receipt?

I use PopMoney (via Ally) to pay my rent. I get an email when my landlord accepts the transfer.
by pasadena
Thu Jun 22, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 25748

Re: Capital One 360 $200 bonus

Guys - do you think I still take advantage of the $200 bonus offer? I was not targeted for this promotion. I have been monitoring this thread for awhile and it seems as if people were getting their bonus more quickly earlier on in the promotion as compared to now. Can anyone attest? EDIT: Went ahea...
by pasadena
Thu Jun 22, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 25748

Re: Capital One 360 $200 bonus

I just opened an account and used the code. While the code box turned green, and I got no error, I also didn't see any confirmation (I may have missed it). So I contacted them by chat and was told this was a targeted offer. I'm not even sure she actually checked my account. I will let the transfer ...
by pasadena
Sun Jun 18, 2017 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Options for Saving for a First-Home Down Payment
Replies: 25
Views: 1998

Re: Options for Saving for a First-Home Down Payment

I will fund & max the ROTH first. Then, the rest will go to any high yield CD. If a good house come by, I can always it out from the CD. Unless you already have money, a CD might not work - you have to fund it and leave it. c I totally disagree with the "You can't add money to an existing ...
by pasadena
Sat Jun 17, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Options for Saving for a First-Home Down Payment
Replies: 25
Views: 1998

Re: Options for Saving for a First-Home Down Payment

Hawaiishrimp wrote:I will fund & max the ROTH first. Then, the rest will go to any high yield CD. If a good house come by, I can always it out from the CD.


Unless you already have money, a CD might not work - you have to fund it and leave it. You can't add money to an existing CD
by pasadena
Sat Jun 17, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 37
Views: 6433

Re: Ally Bank No penalty CD for parking cash, is there a catch?

Looking at parking a fairly large amount of (newly acquired) cash that I will need to start drawing in about 9-12, to finance construction of a home. I was originally planning on just parking it in one of the higher yielding savings accounts currently available (Synchrony, Ally). But, then i notice...
by pasadena
Wed Jun 14, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 25748

Re: Capital One 360 $200 bonus

I just opened an account and used the code. While the code box turned green, and I got no error, I also didn't see any confirmation (I may have missed it). So I contacted them by chat and was told this was a targeted offer. I'm not even sure she actually checked my account. I will let the transfer ...
by pasadena
Tue Jun 13, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 25748

Re: Capital One 360 $200 bonus

I just opened an account and used the code. While the code box turned green, and I got no error, I also didn't see any confirmation (I may have missed it). So I contacted them by chat and was told this was a targeted offer. I'm not even sure she actually checked my account. I will let the transfer g...
by pasadena
Sun Jun 11, 2017 12:41 am
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your Savings?
Replies: 24
Views: 3533

Re: Where do you keep your Savings?

I have 2 - Emergency Fund and Roth IRA (where I save every month for my annual backdoor Roth conversion). If I need to save for short-term big ticket items, like a vacation, or a new computer, I use another account. Same thing if my car was old enough to warrant saving for replacement, or if I owned...
by pasadena
Sat Jun 10, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Resident Alien Expatriating / 401k & VG taxable account - UK/US
Replies: 33
Views: 2339

Re: Resident Alien Expatriating / 401k & VG taxable account - UK/US

Glad that somebody else found it useful. If you do consult with him I'd be interested to hear how it was. I've considered paying for a consultation to run my plans past him and get a stamp of approval or suggestions for changes. I can do all the filings and such myself but I'd like to make sure tha...