Search found 107 matches

by sharukh
Sun May 13, 2018 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Plan - NJ Resident
Replies: 14
Views: 1021

Re: 529 Plan - NJ Resident

fidelity has a good 529 plan.

If you live in NJ and work in NY, dont take NY 529 plan.

The NY tax credit is not worth it as NJ taxes you, if you move money from NY then it may tax you again,
by sharukh
Fri May 04, 2018 9:18 pm
Forum: Investing - Theory, News & General
Topic: LMP vs 3-Fund SWR
Replies: 7
Views: 569

Re: LMP vs 3-Fund SWR

would the implications scenario #2 with LMP covering needs result in potentially working much longer or accepting a much lower standard of living? Yes, in general an LMP approach is more expensive than a systematic withdrawal plan. But if you push the withdrawal rate too low then undo much of that ...
by sharukh
Fri May 04, 2018 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me with my Asset Allocation
Replies: 6
Views: 765

Re: Please help me with my Asset Allocation

Fedilty also have a target date retirement fund based on index funds. I use that.
by sharukh
Thu May 03, 2018 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Raise in expenses, wealth, income. Changed AA (Conservative to Aggressive, simple to simpler), pls Critique
Replies: 7
Views: 837

Re: Raise in expenses, wealth, income. Changed AA (Conservative to Aggressive, simple to simpler), pls Critique

Thanks for taking time to reply.

My takeaways are:
1. New AA placement is not tax efficient.
2. Watch out for lifestyle creep.

Thanks again.
by sharukh
Wed May 02, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Raise in expenses, wealth, income. Changed AA (Conservative to Aggressive, simple to simpler), pls Critique
Replies: 7
Views: 837

Re: Raise in expenses, wealth, income. Changed AA (Conservative to Aggressive, simple to simpler), pls Critique

Thanks MotoTrojan for a quick reply and adding another unique option to my plate. My critique: you now have an arbitrary overall AA and your bonds are tax-inefficiently placed in your taxable account. Have you considered a more conservative target fund date in your tax-advantaged, and then only hold...
by sharukh
Wed May 02, 2018 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Raise in expenses, wealth, income. Changed AA (Conservative to Aggressive, simple to simpler), pls Critique
Replies: 7
Views: 837

Raise in expenses, wealth, income. Changed AA (Conservative to Aggressive, simple to simpler), pls Critique

Hi, Thanks in advance for taking your time to read this. We upped our lifestyle(tired of living like a resident), there by increasing our expenses. So our new monthly expenses = $4500. [From previous $2500] Good markets + continuous savings gave us more wealth than we expected. Emergency funds: Arou...
by sharukh
Mon Apr 30, 2018 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Break up target date fund for more control?
Replies: 11
Views: 1140

Re: Break up target date fund for more control?

Dottie57 wrote:
Sat Nov 25, 2017 8:34 am
bottlecap wrote:
Sat Nov 25, 2017 8:26 am
Stick with the target retirement fund. More control is what gets one into trouble.

This way you don’t have to worry about when to rebalance or even have to think about it.

JT
+1
+1
by sharukh
Thu Apr 05, 2018 11:07 am
Forum: Investing - Theory, News & General
Topic: Trying the Impossible - Financing 30-Year Retirements with 40-Year Careers
Replies: 118
Views: 17734

Re: Trying the Impossible - Financing 30-Year Retirements with 40-Year Careers

Excellent presentation, but there's an even simpler way to look at it, which is the paradigm of Arnott and Cascells, FAJ, 2003: Imagine a desert island with 4 inhabitants, each of who performs a separate, vital economic task (growing food, building shelter, repairing equipment, etc.). The medium of...
by sharukh
Sat Mar 24, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: Pls Help me understand 2018 SALT deductions.
Replies: 17
Views: 2000

Re: Pls Help me understand 2018 SALT deductions.

I believe any charitable deductions over 2k would start to make itemizing worth more than the 24k SD. 12k + 10k + 2k = SD Medical deductions over 7 1/2% (this year) might also apply. Can't remember what else. In which case the OP should bunch them, perhaps with help of a DAF to smooth disbursements...
by sharukh
Sat Mar 24, 2018 1:37 am
Forum: Investing - Help with Personal Investments
Topic: How can I start investing when equities and real estate are this much high?
Replies: 65
Views: 8628

Re: How can I start investing when equities and real estate are this much high?

I don't want to buy equity unless there is a big correction (over 30% or more?) Gene, I have some great news for you! The stock markets in Russia, Turkey, Brazil, Poland, and Spain are all down over 30% since May 2011, while the US market has doubled: http://quotes.morningstar.com/chart/etf/chart.a...
by sharukh
Sat Mar 24, 2018 1:09 am
Forum: Investing - Theory, News & General
Topic: Pls Help me understand 2018 SALT deductions.
Replies: 17
Views: 2000

Re: Pls Help me understand 2018 SALT deductions.

You cannot take both the standard deduction AND the SALT + mortgage interest itemized deductions. It's one or the other... So it is either: Standard : 24000 OR SALT + mortgage interest: 10,000(Maximum allowed) + 12,000 = 22,000 Is that right? So usually one picks the maximum of the either: So I sti...
by sharukh
Fri Mar 23, 2018 10:44 pm
Forum: Investing - Theory, News & General
Topic: Pls Help me understand 2018 SALT deductions.
Replies: 17
Views: 2000

Re: Pls Help me understand 2018 SALT deductions.

You cannot take both the standard deduction AND the SALT + mortgage interest itemized deductions. It's one or the other... So it is either: Standard : 24000 OR SALT + mortgage interest: 10,000(Maximum allowed) + 12,000 = 22,000 Is that right? So usually one picks the maximum of the either: So I sti...
by sharukh
Fri Mar 23, 2018 10:42 pm
Forum: Investing - Theory, News & General
Topic: Pls Help me understand 2018 SALT deductions.
Replies: 17
Views: 2000

Re: Pls Help me understand 2018 SALT deductions.

Thanks. Fixed the spelling mistake
The Wizard wrote:
Fri Mar 23, 2018 10:21 pm
...and what does "forging standard deduction" mean?
by sharukh
Fri Mar 23, 2018 10:08 pm
Forum: Investing - Theory, News & General
Topic: Pls Help me understand 2018 SALT deductions.
Replies: 17
Views: 2000

Pls Help me understand 2018 SALT deductions.

Hi, My google search results didn't give me any good articles that help me understand this, so reaching out to you. Situation: State income taxes: 26,000 property taxes: 6,000 Mortgage Interest: 12,000 In 2017, We(MarriedFilliongJointly) could deduct 44,000 from Federal income by taking itemized ded...
by sharukh
Mon Feb 05, 2018 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: $1000 a month for life into a taxable account
Replies: 23
Views: 4150

Re: $1000 a month for life into a taxable account

WanderingDoc wrote:
Mon Feb 05, 2018 4:18 pm
bloom2708 wrote:
Mon Feb 05, 2018 4:06 pm
49% Total US Stock Index
21% Total International Stock Index
30% Int-Term Tax-Exempt Bond index

Re-balance on your birthday each year.
I like it. Is there a way to "set it and forget it" so that it automatically buys the same # of shares per month?
m1finance.com
by sharukh
Mon Jan 29, 2018 9:03 pm
Forum: Personal Consumer Issues
Topic: what do/did you do with your evenings with a Toddler in winters ?
Replies: 63
Views: 4444

Re: what do/did you do with your evenings with a Toddler in winters ?

Thanks very much for sharing so many options, Will surely try those. Its really helpful.
by sharukh
Mon Jan 29, 2018 11:56 am
Forum: Personal Consumer Issues
Topic: what do/did you do with your evenings with a Toddler in winters ?
Replies: 63
Views: 4444

what do/did you do with your evenings with a Toddler in winters ?

Hi, I am not very creative I guess, so I will copy your options. We have a 2 year old at home and in winters, we cant go to parks. The options that we use currently are: 1. play indoor (gets bored very quickly) (may be I am not creative enough) 2. play dates, it is a bit hard to encourage others to ...
by sharukh
Wed Jan 17, 2018 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Which is the best 529 plan for nj resident?
Replies: 15
Views: 1365

Re: Which is the best 529 plan for nj resident?

we use fidelity NH 529 plan. it has lower expenses then vanguard.
by sharukh
Sun Dec 31, 2017 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 123
Views: 14420

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

MelBuf wrote the book "Beat the time money trap", its is one of the best books i have ever read/heard. highly recommend it. https://smile.amazon.com/Beat-Time-Money-Trap-Financial/dp/B00OH78DZ6?sa-no-redirect=1 Bogleheads: For those who don't know (and Michael never tells us), "mlebuf" (above) is a ...
by sharukh
Wed Dec 27, 2017 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $600-650k house?
Replies: 60
Views: 7729

Re: Can I afford a $600-650k house?

I read on this forum, which i liked. (By KlangFool I guess) - many not be right for every one. Buy a house only if cost of the house is 1/3 of the value of your portfolio. Say you have a million in stocks and bonds. you can buy a house that costs around $350k https://www.bogleheads.org/forum/viewtop...
by sharukh
Tue Dec 26, 2017 11:44 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 13702

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

Hi, Thanks to everyone for sharing your experiences and choices. They are really invaluable. Had a chance to do some reading over Christmas holidays. I will DCA from 70/30 to 80/20 with new contributions. This will happen over 2 years, I will reach 80/20 at age 35. From there will reduce stock by 1....
by sharukh
Mon Dec 25, 2017 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Automated investment
Replies: 10
Views: 1380

Re: Automated investment

Just automate it on a dollar basis and then re-balance annually or so. You're not likely to be too far off your AA month to month anyway, and even if you are, you'll be better of not worrying about it on a daily basis or monthly basis. Just my $.02. -Admiral By rebalencing only once a year, you gai...
by sharukh
Sun Dec 24, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Can we automate Vanguard brokerage ETF purchases?
Replies: 22
Views: 2951

Re: Can we automate Vanguard brokerage ETF purchases?

you can do this for free now using m1finance.com
by sharukh
Fri Dec 22, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 13702

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

I was aged 33 40 years ago, and from what I have learnt in those 40 years this is what I would do at age 33: 1. Save and invest 30% of my after tax income, monthly, religiously. 2. Do I expect to stay near Manhattan over the next several years? Buy myself a home worth no more than 3x income; even i...
by sharukh
Thu Dec 21, 2017 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 13702

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

Hi, During bear market you will just let the stock portion to just ride. Do you hold a portion of money in bonds to buy when market goes down ? Thanks. I only hold $50k bonds as a second tier efund. The rest of the money won't be touched for decades so it is in stocks. If you are 100percent confiden...
by sharukh
Thu Dec 21, 2017 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 13702

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

Hi grettman,

Do you rebalance on regular basis ?
grettman wrote:
Thu Dec 21, 2017 10:12 pm
47 here. 90%/10% (CDs....I don't do bonds).
by sharukh
Thu Dec 21, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 13702

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

Yes, You are right, I should first figure out "what I am trying to do?" in other words what have I earmarked the money for? I guess, I have mentally earmarked portion of bond money to house purchase, as the house prices went up, I guess, i am feeling the "fear of missing out". Thank you. I am about ...
by sharukh
Thu Dec 21, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 13702

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

I guess your footnotes is rightly applicable to me now- When times are good, investors tend to forget about risk and focus on opportunity. When times are bad, investors tend to forget about opportunity and focus on risk. Do not let emotions get in the way of your investing strategy and decisions. Pa...
by sharukh
Thu Dec 21, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 13702

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

Thanks for sharing your experience. I guess when the next bear happens, I will appreciate the bonds for allowing us to ride through. I didn't feel dumb holding bonds in 2008-2009. In fact, knowing our bonds were there is probably what made it possible for us to tolerate staying the course in our sto...
by sharukh
Thu Dec 21, 2017 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 13702

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

Right, market down turn and loosing job happens around the same time in worst case scenarios. so holdings more bonds is basically paying for the insurance. This sounds like a nice summary for picking AA - "A proper Asset Allocation is the sweet spot between your time horizon in the market and your a...
by sharukh
Thu Dec 21, 2017 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 13702

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

Right, I have to do sleep test more than anything. See what your portfolio would have done in 2008 and if you could have stomached it or worse. The sleep test is a common measure of how aggressive your portfolio should be. If you have an iron stomach, then 90% equities is reasonable while you're you...
by sharukh
Thu Dec 21, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 13702

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

I see, we cant predict the future, so we play safe, i am having this feeling, because i am looking at the past and have clear view. Thank you. OP, "I feel dumb that I cannot see the future and buy X about 4 years ago. X had gone up about 60% in the last 4 years." You can replace X with anything. Wha...
by sharukh
Thu Dec 21, 2017 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 13702

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

onthecusp wrote:
Thu Dec 21, 2017 4:27 pm
You should be able to hold that AA for 20 years.
Thank you, I was thinking of the same.
by sharukh
Thu Dec 21, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 13702

Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

Hi, My real investing started only in 2012, no real experience of brutal bear market. I am following age in bonds. currently aged 33, so have around 30% in bonds. It feels so dumb to hold bonds as everything is going up, stocks,gold, houses etc.. Currently I rent: The house values in the place I liv...
by sharukh
Fri Dec 15, 2017 11:10 am
Forum: Investing - Theory, News & General
Topic: What Experts Say About "Simplicity"
Replies: 21
Views: 26712

Re: What Experts Say About "Simplicity"

Credit: thefinancebuff.com - Friday mails. Solving Hard Problems With Simple Ideas by Morgan Housel at Collaborative Fund http://www.collaborativefund.com/blog/solving-hard-problems-with-simple-ideas/ A simple idea is easier to follow consistently. The consistency makes for times when the simple ide...
by sharukh
Mon Dec 11, 2017 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2017 Tax Software $9.95 , State $14.95
Replies: 61
Views: 10650

Re: H&R Block 2017 Tax Software $9.95 , State $14.95

Is there any way to download a second Deluxe (Federal + State) on the same computer? I need to have two different state programs and it would be cheaper to download another Deluxe for 14.95 than buy an additional State for 39.95. I don't think that would work if you want 2 state filings with the sa...
by sharukh
Wed Nov 22, 2017 8:57 am
Forum: Investing - Theory, News & General
Topic: Liability Matching Portfolio? Really?
Replies: 104
Views: 18027

Re: Liability Matching Portfolio? Really?

Thanks very much plannerman for taking time to write back. Hi plannerman, I like this approach. I am planning to do similar thing. Do you include the TIPS ladder amount as part of fixed income when you calculate the target asset allocation. Or the target asset allocation is aside from the TIPS ladde...
by sharukh
Mon Nov 20, 2017 5:33 pm
Forum: Investing - Theory, News & General
Topic: Liability Matching Portfolio? Really?
Replies: 104
Views: 18027

Re: Liability Matching Portfolio? Really?

Hi plannerman, I like this approach. I am planning to do similar thing. Do you include the TIPS ladder amount as part of fixed income when you calculate the target asset allocation. Or the target asset allocation is aside from the TIPS ladder bucket. Now that this post is relatively old. Have you ma...
by sharukh
Sat Sep 30, 2017 7:19 am
Forum: Personal Finance (Not Investing)
Topic: time to transfer money to Vanguard, grumble, grumble
Replies: 28
Views: 4387

Re: time to transfer money to Vanguard, grumble, grumble

The new irs rule is, you can do the above only once a year if you have had access to the money
by sharukh
Fri Sep 29, 2017 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Pls Suggest 529 strategy for good tax savings on growth
Replies: 3
Views: 400

Re: Pls Suggest 529 strategy for good tax savings on growth

Which is the best option? No way to know for sure. If your state allows a deduction for your 529 contribution, note that at least some states cap the deduction to some maximum. E.g., if a state puts a $10K limit on 529 deductibility, you might contribute $10K in each of the next five years. That ma...
by sharukh
Fri Sep 29, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Pls Suggest 529 strategy for good tax savings on growth
Replies: 3
Views: 400

Pls Suggest 529 strategy for good tax savings on growth

Hi, I have set the goal of investing 50k in 529 for the kid. Objective: To get as large tax break on gains as possible Additional info: 1. No state tax benefits during contribution. 2. I max out all tax advantage accounts. Option 1: I could lumpsum it in one account right away into 529 account. Risk...
by sharukh
Wed Sep 20, 2017 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: MA Resident -- Should we move 529s from Vanguard to MA Fidelity Plan?
Replies: 7
Views: 941

Re: MA Resident -- Should we move 529s from Vanguard to MA Fidelity Plan?

Yes, fido 529 is better than vanguard, so I also moved the 529 to fido.
by sharukh
Mon Sep 18, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on moving to VG
Replies: 19
Views: 2119

Re: Opinions on moving to VG

i am guessing you will be moving to vanguard ira, if you dont plan to use back door roth, then it is a good move in terms of simplicity. else its ok to leave in your plan, it has good options.

All i see is you benefit from simplicity of management, so in essence, it is ok to move.
by sharukh
Sat Sep 16, 2017 10:50 pm
Forum: Personal Consumer Issues
Topic: Vanguard customer service/technology = "Bad returns in Bad times"
Replies: 37
Views: 3363

Re: Vanguard customer service/technology = "Bad returns in Bad times"

After all the surest way to . . . see below . . . is walk into the office off . . . see below . . . . . . be sold expensive advice and funds . . . a financial advisor . . . be sold insurance . . . an insurance salesman . . . a lousy overpriced used car . . . a used car dealer . . . an expensive din...
by sharukh
Fri Sep 15, 2017 5:39 pm
Forum: Personal Consumer Issues
Topic: Vanguard customer service/technology = "Bad returns in Bad times"
Replies: 37
Views: 3363

Re: Vanguard customer service/technology = "Bad returns in Bad times"

dbr wrote:
Fri Sep 15, 2017 5:16 pm
I have money at Fidelity. They might have called me once or twice to check in and I have just told them I don't need anything. If you start on with questions and indicate you might need or want help, then you might be opening the door.
I see, thank you.
by sharukh
Fri Sep 15, 2017 3:39 pm
Forum: Personal Consumer Issues
Topic: Vanguard customer service/technology = "Bad returns in Bad times"
Replies: 37
Views: 3363

Re: Vanguard customer service/technology = "Bad returns in Bad times"

"worried about being suckered into their bad funds by myself when I get old or target my successors" What is the source of this concern. I never heard of anything like it? Here is an example of wells forgo https://www.bogleheads.org/forum/viewtopic.php?t=168726#p2745809 When one gets old, with degr...
by sharukh
Fri Sep 15, 2017 3:19 pm
Forum: Personal Consumer Issues
Topic: Vanguard customer service/technology = "Bad returns in Bad times"
Replies: 37
Views: 3363

Re: Vanguard customer service/technology = "Bad returns in Bad times"

"worried about being suckered into their bad funds by myself when I get old or target my successors" What is the source of this concern. I never heard of anything like it? Here is an example of wells forgo https://www.bogleheads.org/forum/viewtopic.php?t=168726#p2745809 When one gets old, with degr...
by sharukh
Fri Sep 15, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: Vanguard customer service/technology = "Bad returns in Bad times"
Replies: 37
Views: 3363

Vanguard customer service/technology = "Bad returns in Bad times"

Hi, I recently had an experience of Vanguard not handling my money properly when i converted regular fund to admiral fund, the money gone missing, rep has no idea on that i had money, all records at vanguard are gone, reps tell me that they will call back, but no one calls back, Wait times are like ...