Search found 68 matches

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: 3688

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: 303

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: 303

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: 425

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: 1673

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: 2639

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: 2639

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: 2639

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: 2639

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: 2639

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 ...
by sharukh
Tue Sep 05, 2017 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Brokerage missing $ again
Replies: 19
Views: 3061

Re: Vanguard Brokerage missing $ again

Arrgh. For the 3rd time in less than 5 months, money is missing from my Vanguard brokerage again. My flagship rep. claims all is well. I am in the process of transferring my accounts out, and as soon as I notified Vanguard, my brokerage account and all records of it were completely removed. I saw t...
by sharukh
Mon Aug 28, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: is there any reason NOT to do TLH ?
Replies: 50
Views: 3632

Re: is there any reason NOT to do TLH ?

Thanks dodonnell for confirming my understanding and for a quick response. If you live in New Jersey ... your Capital Loss is NOT carried over. So, i believe in NJ, you would lose the tax savings on excess Capital Losses ~9% in top bracket, then in addition, you will pay additional tax on delta betw...
by sharukh
Sun Aug 27, 2017 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: is there any reason NOT to do TLH ?
Replies: 50
Views: 3632

Re: is there any reason NOT to do TLH ?

If you live in New Jersey ... your Capital Loss is NOT carried over. So, i believe in NJ, you would lose the tax savings on excess Capital Losses ~9% in top bracket, then in addition, you will pay additional tax on delta between the original and new lower cost basis due to the TLH when you finally ...
by sharukh
Sun Aug 27, 2017 5:42 am
Forum: Personal Consumer Issues
Topic: mold problem in bathroom --advice?
Replies: 18
Views: 1956

Re: mold problem in bathroom --advice?

Home Armor FG502 Instant Mold and Mildew Stain Remover, Trigger Spray 32-Ounce Best ever. You also need a great overhead shower fan. We got a better one than our older model and it helped eliminate any issues. Be sure to check your ceiling if you have any mold. It can spread from your shower to cei...
by sharukh
Mon Aug 21, 2017 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: NY State 529 deductability for non-resident taxpayer
Replies: 19
Views: 10671

Re: NY State 529 deductability for non-resident taxpayer

Hi, I am in similar situation: This is my understanding. If you live in NJ and work in NYC, Though you get tax credit for NY state tax, you still end up paying tax for NJ. so essentially not much benefit. The problem is: now you are locked for NY 529 and cant move to different state 529 plan, as ny ...
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: 674

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: 3296

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: 1685

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: 1685

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: 25
Views: 1902

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: 1631

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: 1631

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: 1631

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: 1631

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: 1631

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: 6366

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: 8312

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: 8312

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: 8312

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 day) Can ...
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: 1418

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: 680

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: 1574

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: 1574

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: 2568

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: 3462

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: 4143

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: 10326

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: 2993

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: 2036

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: 2359

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: 2359

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: 2359

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: 2359

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: 2359

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: 2359

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: 2359

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: 2359

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...