Search found 52 matches

by sharukh
Tue Aug 15, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Good Banks to Avoid Fees (No minimums, etc.)
Replies: 9
Views: 558

Re: Good Banks to Avoid Fees (No minimums, etc.)

you can also use fidelity cash management feature. you can get better interest rate for checking account if you use their money market fund as default cash holding place
viewtopic.php?f=2&t=223434&newpost=3454334
by sharukh
Tue Aug 15, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: buying a rental property vs investing more in stocks
Replies: 26
Views: 2653

Re: buying a rental property vs investing more in stocks

Things to consider: 1. I see from the OP, You dont have kids yet, your time will be fully accounted for when they show up. 2. How about getting more intrests, like play Tennis, learn to sail, ski, karate , guitar, cooking, baking etc... I dont see you have earning,spending,saving problem. You are go...
by sharukh
Tue Aug 15, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Spending help: Best use for $800 per month ?
Replies: 18
Views: 1469

Re: Spending help: Best use for $800 per month ?

Thanks very much for replying and sharing your experiences. w.r.t part-time day care or alternate day care in establishments that support that still charge $800 per month, so I dont see further optimization there, unless we go the route of drop-in-care or gymboree. Will try the options suggested her...
by sharukh
Tue Aug 15, 2017 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Spending help: Best use for $800 per month ?
Replies: 18
Views: 1469

Spending help: Best use for $800 per month ?

Hi, My wife is a SAHM takes care of kid 2 years old. We found a day care right next door, which is the best in the location and luckily also the lowest in price due to church affiliation. It costs $800 per month , they dont have half day care. The price of half day care in other centers is $800, so ...
by sharukh
Wed Aug 09, 2017 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Why Worry About US Estate Tax for Non-Resident Aliens
Replies: 24
Views: 1567

Re: Why Worry About US Estate Tax for Non-Resident Aliens

One response i had got for a similar question is:

Keep the money in usa in us broker, just buy a life insurance enough to offset the estate taxes.

Does that sound acceptable ?
by sharukh
Mon Aug 07, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Please help, Public school(Move) or Private school(Stay-put) ?
Replies: 16
Views: 1484

Re: Please help, Public school(Move) or Private school(Stay-put) ?

Thanks celia, Thats a lot of insight and action items for me. It seems you are focusing on only cost, transportation, and diversity. But there are other considerations too: your family could have more than one child (ie, multiple tuitions in private schools), neighborhood crime/parks/cleanliness/act...
by sharukh
Mon Aug 07, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Please help, Public school(Move) or Private school(Stay-put) ?
Replies: 16
Views: 1484

Re: Please help, Public school(Move) or Private school(Stay-put) ?

i think you have more options than you think. if you have questions about schools or diversity potential of towns in NJ, there are better forums than bogleheads to ask these types of question. one i can think of is: http://www.city-data.com/forum/new-jersey/ they can give you more personalized info...
by sharukh
Mon Aug 07, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Please help, Public school(Move) or Private school(Stay-put) ?
Replies: 16
Views: 1484

Re: Please help, Public school(Move) or Private school(Stay-put) ?

Seems to me the important variables here are school and commute..... School is important and for 12+ years. Is your job something you love and plan to be there a decade or two? Is that even a thing now? If not then optimize the school and suck up the commute until you can find a more convenient job...
by sharukh
Mon Aug 07, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Please help, Public school(Move) or Private school(Stay-put) ?
Replies: 16
Views: 1484

Re: Please help, Public school(Move) or Private school(Stay-put) ?

Some thoughts: If you are okay with your child going to a Catholic religious school, then you should investigate that option before making a decision. Go to the school, meet with the administration, find out about their philosophy, curriculum, class sizes, etc., go to a meeting of the PTA or PTO, l...
by sharukh
Mon Aug 07, 2017 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Please help, Public school(Move) or Private school(Stay-put) ?
Replies: 16
Views: 1484

Please help, Public school(Move) or Private school(Stay-put) ?

Hi, Please help me make a choice. Thanks to Blessings&Guidance of Parents,Bogleheads, I can afford any of the below option. I work in NYC, Wife is SAHM., 1 Kid 2 years old. option 1: Move to a better neighborhood(Brooklyn) with good commute(40 minutes one way) and diversity, where schools are good(1...
by sharukh
Mon Jul 24, 2017 10:30 pm
Forum: Investing - Theory, News & General
Topic: 5% fee per year to buy s&p500 with principle gaurantee
Replies: 64
Views: 5991

Re: 5% fee per year to buy s&p500 with principle gaurantee

I guess you can implement this with buying call options.

But 5% is too expensive. Not worth the cost. may be at 2% I would say yes.
by sharukh
Tue Jun 27, 2017 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Can you share some of your financial goals?
Replies: 69
Views: 7772

Re: Can you share some of your financial goals?

Thanks very much for sharing your goals and ideas.
by sharukh
Fri Jun 23, 2017 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Can you share some of your financial goals?
Replies: 69
Views: 7772

Re: Can you share some of your financial goals?

very nice, thanks for quick replies, yes, currently the only goal is to live off the savings.
by sharukh
Fri Jun 23, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Can you share some of your financial goals?
Replies: 69
Views: 7772

Can you share some of your financial goals?

Hi, I see many suggest this "For every dollar you’ve salted away, you have an eventual use in mind—and the dollars are invested accordingly." Currently I save, just for the sake of saving and dont have clear goals in mind. (no debt, no plans to buy a home, just saving to live off that some...
by sharukh
Wed Apr 05, 2017 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: TLH Partner -> Questions for TLH expert (Livesoft and others)
Replies: 18
Views: 1318

Re: TLH Partner -> Questions for TLH expert (Livesoft and others)

Make sure you don't buy VFWAX in ira with in 30 days after selling or before selling. Otherwise your loss will become permanently disallowed
by sharukh
Wed Mar 29, 2017 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Mother's Identity Stolen? Need help with next steps!
Replies: 6
Views: 641

Re: Mother's Identity Stolen? Need help with next steps!

Have u tried freezing credit in all credit bureau ?
by sharukh
Mon Jan 02, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Does the coast look clear for a 2017 backdoor Roth ?
Replies: 7
Views: 1533

Re: Does the coast look clear for a 2017 backdoor Roth ?

DSInvestor wrote:If you have not yet made IRA contributions for 2016, you still have time to do so. Deadline for 2016 IRA contributions is April 18, 2017. $5500 for 2016, $5500 or 2017 and then convert all 11K to Roth IRA.

Thanks for the tip. I did front load 2016 contribution in 2016 jan.
by sharukh
Mon Jan 02, 2017 6:36 am
Forum: Investing - Help with Personal Investments
Topic: Does the coast look clear for a 2017 backdoor Roth ?
Replies: 7
Views: 1533

Does the coast look clear for a 2017 backdoor Roth ?

Hi,

It's start of a new year. Time to front load ira contribution.

Does the current law looks good for me to go ahead and do a backdoor Roth for 2017 ?

Thank you.
by sharukh
Sun Oct 30, 2016 9:13 am
Forum: Investing - Theory, News & General
Topic: why not short Treasuries>?
Replies: 17
Views: 2531

Re: why not short Treasuries>?

dmcmahon Pretty expensive way to short Treasuries as you pay a large spread over Treasury rate for that privilege. Having said that a mortgage should be treated as a short or negative bond position with a prepayment option Larry The problem with mortgage is one cannot short bonds(take loan) without...
by sharukh
Sat Oct 22, 2016 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Aggressive asset allocation strategy for the young
Replies: 18
Views: 3399

Re: Aggressive asset allocation strategy for the young

Thanks "White Coat Investor", This is awesome. Why make it age based? Why not percentage based? Specifically, what percentage of your needed retirement amount do you have now? Maybe something like this: <20% 100% stocks 20-30% 90% stocks 30-40% 85% stocks 40-50% 80% stocks 50-60% 75% stock...
by sharukh
Mon Oct 17, 2016 11:57 pm
Forum: Investing - Help with Personal Investments
Topic: Should I stop watching my investments? Negative ROI feels bad.
Replies: 48
Views: 4025

Re: Should I stop watching my investments? Negative ROI feels bad.

you have to read this to understand what real losses mean
https://smile.amazon.com/Great-Depressi ... redirect=1

Please read some histories.

It is the duty of an investor to bear some losses now and then to get long term returns. That is why it is called risk premium.
by sharukh
Wed Oct 12, 2016 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Crossing the line (becoming a miser)
Replies: 71
Views: 10103

Re: Crossing the line (becoming a miser)

DiMAn0684 wrote:
tludwig23 wrote:When Mr. Money Mustache tells you to "live a little", you need help.


That was pretty funny :)

Very nice.
by sharukh
Wed Sep 28, 2016 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: Can you actually buy VG funds through Fidelty?? (odd error)
Replies: 18
Views: 2864

Re: Can you actually buy VG funds through Fidelty?? (odd error)

The is one special benefit to owning vanguard mutual funds over fidelity (for few cases) If you ever happen to leave USA and become expatriate, then you are not allowed to own mutual funds, so then you can convert MF to ETF in case of vanguard, which is tax free event, that is not possible with fide...
by sharukh
Mon Sep 26, 2016 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with Vanguard direct deposit
Replies: 16
Views: 1899

Re: Need help with Vanguard direct deposit

One more reason for not to upgrade to vbs
by sharukh
Tue Sep 20, 2016 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest for Indian living in USA on H1 visa?
Replies: 21
Views: 2243

Re: How to invest for Indian living in USA on H1 visa?

You should ignore all the advice given so far in this thread and get an actual tax advisor who is skilled with cross-border tax planning for non-resident aliens (because that is what you will be if you leave the U.S. in the long term) ... It comes down to whether you think you will stay in the U.S....
by sharukh
Mon Sep 19, 2016 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest for Indian living in USA on H1 visa?
Replies: 21
Views: 2243

Re: How to invest for Indian living in USA on H1 visa?

To the OP ( sharuk) , From what I know about H1 visa, that is a temporary work authorization for a few years. Considering you are relatively new in the country and also are young, how have you managed to accumulate 500K ? I don't mean to ask for any personal details, but since this is a forum where...
by sharukh
Sat Sep 17, 2016 6:32 am
Forum: Investing - Help with Personal Investments
Topic: How to invest for Indian living in USA on H1 visa?
Replies: 21
Views: 2243

Re: How to invest for Indian living in USA on H1 visa?

To the OP ( sharuk) , From what I know about H1 visa, that is a temporary work authorization for a few years. Considering you are relatively new in the country and also are young, how have you managed to accumulate 500K ? I don't mean to ask for any personal details, but since this is a forum where...
by sharukh
Fri Sep 16, 2016 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest for Indian living in USA on H1 visa?
Replies: 21
Views: 2243

Re: How to invest for Indian living in USA on H1 visa?

OP, I do not understand your concern about the estate tax. 1) If you stay in the USA for a long time, you will get your green card. 2) If you leave the USA, you can take your money out over a few years after you left. Then, even with 10% early withdrawal penalty on your 401K, you will not be paying...
by sharukh
Fri Sep 16, 2016 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest for Indian living in USA on H1 visa?
Replies: 21
Views: 2243

Re: How to invest for Indian living in USA on H1 visa?

OP, I do not understand your concern about the estate tax. 1) If you stay in the USA for a long time, you will get your green card. 2) If you leave the USA, you can take your money out over a few years after you left. Then, even with 10% early withdrawal penalty on your 401K, you will not be paying...
by sharukh
Fri Sep 16, 2016 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest for Indian living in USA on H1 visa?
Replies: 21
Views: 2243

Re: How to invest for Indian living in USA on H1 visa?

So, you are basing this on 2 unlikely events (I am assuming you are fairly young - based on 1-year old kid): You don't get a green card and have to leave AND Die before withdrawing all your money from the US As small as this % of probability is (again assuming you don't have any significant health ...
by sharukh
Fri Sep 16, 2016 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest for Indian living in USA on H1 visa?
Replies: 21
Views: 2243

Re: How to invest for Indian living in USA on H1 visa?

Just keep investing. If you ever go back to India, you could liquidate part of your taxable investments based on your needs. I would not touch the Roth or 401K until I truly retire from the work force irrespective of where I live. That would be my safety net. There is absolutely no point in paying ...
by sharukh
Fri Sep 16, 2016 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest for Indian living in USA on H1 visa?
Replies: 21
Views: 2243

Re: How to invest for Indian living in USA on H1 visa?

OP, I do not understand your concern about the estate tax. 1) If you stay in the USA for a long time, you will get your green card. 2) If you leave the USA, you can take your money out over a few years after you left. Then, even with 10% early withdrawal penalty on your 401K, you will not be paying...
by sharukh
Fri Sep 16, 2016 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest for Indian living in USA on H1 visa?
Replies: 21
Views: 2243

Re: How to invest for Indian living in USA on H1 visa?

How's your green card coming along? It is in the process, going to take 11 years approximately. I like to prepare now and choose investment vehicles appropriately so that it won't cause a burden(capital gains and estate tax) if i have to go back to India before getting a green card. Thanks for repl...
by sharukh
Fri Sep 16, 2016 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest for Indian living in USA on H1 visa?
Replies: 21
Views: 2243

How to invest for Indian living in USA on H1 visa?

just when you thought you have it all figures out... Estate tax on non resident alien for over $60K is 40% thats a lot. [current portfolio value is approx $500k] Currently I (and wife) are living in US on H1/H4 visa with a kid (kid is a US citizen) We are Indian citizens. We *may* go back to India s...
by sharukh
Thu Sep 15, 2016 4:22 pm
Forum: Investing - Theory, News & General
Topic: Schwab Index ETFs vs Vanguard ETFs
Replies: 9
Views: 3217

Re: Fidelity vs Schwab

airahcaz wrote:So seems like going with Fidelity to get free commissions on iShares ETF's is the better way to go than Schwab?

Looks like this holds true even today due to Schwab not having a good equivalent of vxus i.e. international fund.
by sharukh
Tue Sep 13, 2016 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Is anyone else feeling courageous enough to buy today?
Replies: 90
Views: 7634

Re: Is anyone else feeling courageous enough to buy today?

shakenbake consider the following chart and realize that it's "time in the market" not "timing the market" that counts. Good luck. from: m http://i65.tinypic.com/2n23b55.jpg One could use the same chart and spin a different story, Banker: "All you need to do is to find the ...
by sharukh
Sun Sep 11, 2016 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: How I circumvented Chase's 5/24 rule
Replies: 38
Views: 6615

Re: How I circumvented Chase's 5/24 rule

note: there is a $450 annual fee, *not* excluded for first year.
by sharukh
Tue Aug 02, 2016 1:26 pm
Forum: Investing - Theory, News & General
Topic: How to liability match home rent ?
Replies: 15
Views: 1384

Re: How to liability match home rent ?

The best answer is to buy NYC real estate of some kind. Why make it more complicated than it needs to be? After a lot of thought. Turns out this is the best way to do. > how can i protect myself from getting priced-out ? If you are looking for an investment solution- invest in yourself, so your sal...
by sharukh
Wed Jul 27, 2016 4:28 pm
Forum: Investing - Theory, News & General
Topic: How to liability match home rent ?
Replies: 15
Views: 1384

Re: How to liability match home rent ?

Thank you all.
I realize I have work on myself.
by sharukh
Wed Jul 27, 2016 10:45 am
Forum: Investing - Theory, News & General
Topic: How to liability match home rent ?
Replies: 15
Views: 1384

Re: How to liability match home rent ?

Hi, One of the advantages of renting is that if the rent goes up too much you can move to Hoboken or Omaha. I have already moved to a place near Hoboken for the same reason. You would be correct that you have now predicted part of the cost, but you still need to pay it. Currently i have enough cash ...
by sharukh
Tue Jul 26, 2016 5:42 pm
Forum: Investing - Theory, News & General
Topic: How to liability match home rent ?
Replies: 15
Views: 1384

Re: How to liability match home rent ?

qwertyjazz wrote:You would need a REIT that matched the local market - Manhattan can soar with places in upstate NY crashing etc



Is this a good alternative ?
https://www.motifinvesting.com/motifs/r ... t-Xt4ufqde
by sharukh
Tue Jul 26, 2016 4:59 pm
Forum: Investing - Theory, News & General
Topic: How to liability match home rent ?
Replies: 15
Views: 1384

How to liability match home rent ?

Hi,

I see that rental prices are sky rocketing in Newyork city.
I have decided to be renter for life. The rental price increase is getting me worried.

One way to liability match is to buy a house, which I don't want to.

Any alternative options?
Like say, buying housing REIT ?

Thanks.
by sharukh
Sat Jul 02, 2016 8:12 pm
Forum: Personal Consumer Issues
Topic: Stimulating toys for 3-5 year old
Replies: 18
Views: 1905

Re: Stimulating toys for 3-5 year old

My wife wants to suggest
Origami
by sharukh
Sat Jul 02, 2016 4:31 pm
Forum: Personal Consumer Issues
Topic: What do you spend your money on???
Replies: 149
Views: 16378

Re: What do you spend your money on???

Use taxi instead of a bus or walk
by sharukh
Sat Jul 02, 2016 4:30 pm
Forum: Personal Consumer Issues
Topic: Are gymboree classes worth it? any alternatives ?
Replies: 12
Views: 1234

Re: Are gymboree classes worth it? any alternatives ?

Thank very much to all of you.
I got to know about lots of available options here..

Have a happy Independence holiday.
by sharukh
Thu Jun 23, 2016 3:55 pm
Forum: Personal Consumer Issues
Topic: Are gymboree classes worth it? any alternatives ?
Replies: 12
Views: 1234

Are gymboree classes worth it? any alternatives ?

Hi, My wife is suggesting sending 6 month kid to gymboree classes. 4 classes for $100 in a month. I see that as very expensive. All i see that kid goes there and plays. hard to understand paying $25 for 1 hour for just to let the kid play. Are there any alternatives that one can do ? are gymboree cl...
by sharukh
Thu Jun 23, 2016 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: Hard to understand in percent for AA, any better alternative models out there ?
Replies: 22
Views: 1431

Re: Hard to understand in percent for AA, any better alternative models out there ?

Hi All,

Thanks for sharing your thoughts. Guess this thing makes it more complicated than i can comprehend.
A simple 60/40 or a TDF is good for now for me.

Thank you all.
by sharukh
Mon Jun 20, 2016 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Hard to understand in percent for AA, any better alternative models out there ?
Replies: 22
Views: 1431

Re: Hard to understand in percent for AA, any better alternative models out there ?

Thanks very much. Yeah exactly what I thought, I couldn't be as articulate as ourbrooks. Can you pls share on what model did you finally ended up using ? The concern is not math. It is ability to correlate to a real life use-case/situation. What does this mean? Let me try and answer that, since I ha...