Search found 353 matches

by nyclon
Sat Oct 26, 2019 9:30 pm
Forum: Personal Consumer Issues
Topic: My Amazon Seller review disappeared ... anyone else have this experience?
Replies: 22
Views: 2592

Re: My Amazon Seller review disappeared ... anyone else have this experience?

Yes, Amazon selectively deletes reviews. I ordered their most popular selling brand of medjool dates which have 5 stars. They arrived moldy (black spores in the pit). I posted a review with a photo and amazon took it down saying I'd violated a condition of review writing - which as far as I could te...
by nyclon
Thu Aug 15, 2019 4:10 pm
Forum: Personal Consumer Issues
Topic: I wanted to teach myself computer programming.
Replies: 64
Views: 5727

Re: I wanted to teach myself computer programming.

Any advice, books or online courses to recommend? Back in the 80s I took a semester of COBAL and now I’m thinking just for fun to learn something new to me. What language and what types of activity should I do? Yes - Khan Academy which is free. I'd recommend learning computer science and computer p...
by nyclon
Mon Aug 05, 2019 8:10 pm
Forum: Personal Investments
Topic: Brex - company credit no personal guarantee
Replies: 3
Views: 394

Re: Brex - company credit no personal guarantee

Hi all - curious if anyone has used them for company credit and/or short term financing. The attractive things seem to be 60 days 0%, and no personal guarantees required. The downsides appear to be that they need read access to your sales (eg. Shopify) and bank account to verify revenue real-time a...
by nyclon
Mon Jul 29, 2019 7:00 pm
Forum: Personal Consumer Issues
Topic: Cheap Amazon Mattress Recommendations?
Replies: 20
Views: 1763

Re: Cheap Amazon Mattress Recommendations?

Hi all, I'm a current law student (rising 2L) searching for a cheap (hopefully firm) Amazon mattress that will last me the next two years. I would really appreciate any recommendations, and am hoping to spend under $200. I bought an Amazon mattress once before, but it didn't hold up too well. Of co...
by nyclon
Thu Jul 25, 2019 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Way out of financial catastrophe?
Replies: 80
Views: 11697

Re: Way out of financial catastrophe?

Holy cow, this is a nightmare. I'm not sure what the heck I would do in a situation like this. Have you talked to your insurance company? I would almost consider just walking away from the house and letting the bank foreclose on it. To sink 1 million dollars into structural home repairs that weren'...
by nyclon
Sun Jul 21, 2019 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: CP2000: where to send response
Replies: 10
Views: 673

Re: CP2000: where to send response

I'd recommend calling the IRS and speaking to them regarding your analysis. You may be able to resolve over the phone, and at worst, will get your answer.
by nyclon
Fri Jul 19, 2019 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Employed baby: approach to taxes and investing
Replies: 11
Views: 2241

Re: Employed baby: approach to taxes and investing

If you really want to supercharge your child's Roth retirement accounts, you can open an individual (solo) Roth 401k with the child's 1099 self employment income (I believe net income after expenses - 1/2 self employment taxes). If paid via 1099, self employment taxes (employee & employer SS & Medi...
by nyclon
Fri Jul 19, 2019 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Employed baby: approach to taxes and investing
Replies: 11
Views: 2241

Re: Employed baby: approach to taxes and investing

Thank you for your response, Spirit Rider. Just a few questions: I plan to contribute: -up to $6k into baby's Roth IRA (the lesser of $6k or baby's net earnings) -15% of baby's net earnings into a UTMA per NY law: https://www.labor.ny.gov/workerprotection/laborstandards/secure/ChildPerformerFAQ.shtm...
by nyclon
Thu Jul 18, 2019 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Employed baby: approach to taxes and investing
Replies: 11
Views: 2241

Employed baby: approach to taxes and investing

Our baby is on track to generate a few thousand in earned income this year from modeling - the final number may be well above $10k. So far it's been a fun experience and the shoots are like playdates at high end studios. Baby's agency takes 20% of gross earnings as a fee. So if baby earns $500, agen...
by nyclon
Wed Jul 17, 2019 3:05 pm
Forum: Investing - Theory, News & General
Topic: Total Stock (US and Intl): Fidelity ZERO vs Vanguard
Replies: 63
Views: 6127

Re: Total Stock (US and Intl): Fidelity ZERO vs Vanguard

Pick your brokerage and then pick your fund ( except that no one should prefer FZROX in a taxable account ). Could someone please explain this parenthetical? Is FZROX significantly less tax efficient than VTSAX? My guess is that the OP was expressing skepticism about the long term viability of thes...
by nyclon
Wed Jul 17, 2019 1:05 pm
Forum: Investing - Theory, News & General
Topic: Total Stock (US and Intl): Fidelity ZERO vs Vanguard
Replies: 63
Views: 6127

Re: Total Stock (US and Intl): Fidelity ZERO vs Vanguard

-Total US stock: Fidelity outperformed Vanguard by roughly the Vanguard expense ratio; makes sense You got that backwards. Vanguard outperformed Fidelity by 5 basis points. Indeed - OP edited, thanks. And, for the same reasons you cite, a few bps simply aren't enough to worry over particularly when...
by nyclon
Wed Jul 17, 2019 12:21 pm
Forum: Personal Consumer Issues
Topic: Would you pay that much for parking?
Replies: 26
Views: 2204

Re: Would you pay that much for parking?

If you took the deal last year at $35 and now it's $50...the question is are you willing to pay the extra delta of $15 per month / $180 annually? Based on what you've written and your past decision of spending seems like a no brainer "yes". $180/car ($360) is not even a rounding error for you.
by nyclon
Wed Jul 17, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: Total Stock (US and Intl): Fidelity ZERO vs Vanguard
Replies: 63
Views: 6127

Re: Total Stock (US and Intl): Fidelity ZERO vs Vanguard

They track different index so one should expect the difference. This makes sense - Vanguard came a lot closer with VFWAX (within 24bps) of Fidelity but to your point Fidelity tracks the Fidelity Global ex U.S. Index. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=...
by nyclon
Wed Jul 17, 2019 11:19 am
Forum: Investing - Theory, News & General
Topic: Total Stock (US and Intl): Fidelity ZERO vs Vanguard
Replies: 63
Views: 6127

Total Stock (US and Intl): Fidelity ZERO vs Vanguard

Posting this simply as an FYI - in case any fellow bogleheads had this question on the back burner. I have accounts at both Fidelity and Vanguard and utilize the three fund portfolio. So, I was recently wondering how two of the Fidelity ZERO products have fared compared to Vanguard to date. Answer, ...
by nyclon
Fri Jul 12, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Living Options
Replies: 52
Views: 5988

Re: NYC Living Options

Hey everyone, As I mentioned in another thread, I should be finally starting my dream job shortly. This will require me to move to the NYC area where I will need easy access to all 3 airports, LaGuardia, Kennedy, and sometimes Newark. I've always wanted to live in NYC but could never justify it. No...
by nyclon
Wed Jul 10, 2019 12:17 am
Forum: Personal Investments
Topic: HSBC Buffered accelerated Market Participation Securities
Replies: 18
Views: 877

Re: HSBC Buffered accelerated Market Participation Securities

Institutional investors will generally not participate. They will use barrier options and other exotic derivatives as cheaper ways to execute a view or trade idea, but without the bond ("note") component. Actually, institutional investors do buy a lot of these sorts of products, although their pric...
by nyclon
Tue Jul 09, 2019 11:55 pm
Forum: Personal Investments
Topic: HSBC Buffered accelerated Market Participation Securities
Replies: 18
Views: 877

Re: HSBC Buffered accelerated Market Participation Securities

The buyers of these products are typically retail "dumb money" or retail speculators. Banks distribute these products through their wealth management divisions and through the Fidelitys of the world. Institutional investors will generally not participate. They will use barrier options and other exot...
by nyclon
Tue Jul 09, 2019 11:30 pm
Forum: Personal Investments
Topic: HSBC Buffered accelerated Market Participation Securities
Replies: 18
Views: 877

Re: HSBC Buffered accelerated Market Participation Securities

This is a product constructed using a bond and equity derivatives (barrier options). More here, including a specific example of the buffered flavor: https://www.bogleheads.org/wiki/Structured_products There are fees which you will never see such as cost of capital charges the bank's treasury will ta...
by nyclon
Tue Jul 02, 2019 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Where to park $50K for highest possible return but zero risk?
Replies: 32
Views: 6844

Re: Where to park $50K for highest possible return but zero risk?

Two requirements. (1) zero or near-zero risk, (2) highest possible return given (1). What are your suggestions? As always, thanks! Vanguard Treasury Money Market Fund (VUSXX) https://investor.vanguard.com/mutual-funds/profile/VUSXX 2.29% yield, not taxed at the state level. If you're in CA or NY, a...
by nyclon
Sun Jun 30, 2019 7:34 pm
Forum: Personal Investments
Topic: Getting out of options
Replies: 21
Views: 1560

Re: Getting out of options

Happy to get into more about what these are worth and why, as others have done already. Technically speaking, waiting till year end may cause the market value of these to drop (which is good for you since you're short). Your broker is betting the underlying shares will be at or below the strike pric...
by nyclon
Tue May 28, 2019 10:17 am
Forum: Personal Consumer Issues
Topic: How a SIM swap attack works
Replies: 28
Views: 3553

Re: How a SIM swap attack works

Given what's available with vanguard does anyone have suggestions on best approach to security with a vanguard account? Suggestions for -google / gmail security setup (i see disable sms and enable 2fa as a suggestion) -wireless carrier security setup (i see enable a pin as a suggestion) -vanguard se...
by nyclon
Thu May 23, 2019 7:44 pm
Forum: Personal Consumer Issues
Topic: Best bassinet
Replies: 25
Views: 1515

Re: Best bassinet

Hi all. Baby coming in the next couple of weeks. Allot of news on bassinets in the news with recalls etc. I wanted to get the boggleheads opinion on the best bassinet. In terms of safety, Quality, and maybe the baby the most happy ( or parents less sleep deprived :happy ) As others have mentioned g...
by nyclon
Wed May 22, 2019 3:18 pm
Forum: Personal Investments
Topic: Betterment: Emulating annuity?
Replies: 10
Views: 937

Re: Betterment: Emulating annuity?

You may want to consider putting all of the money into a vanguard lifestrategy fund or retirement fund like VTINX. Then you can set up automatic withdrawals on a recurring schedule for however much you need.
by nyclon
Mon May 20, 2019 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Change health insurance plans and lose contribution towards deductible?
Replies: 4
Views: 446

Re: Change health insurance plans and lose contribution towards deductible?

Thanks for the responses. Bummer. And nice de-risking for both plans since they're likely priced based on 12 months of coverage.
by nyclon
Mon May 20, 2019 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Change health insurance plans and lose contribution towards deductible?
Replies: 4
Views: 446

Change health insurance plans and lose contribution towards deductible?

Let's say someone changes jobs in July of a given year. Prior to July, they had a health insurance plan with a deductible and out of pocket max for the year - and they had paid $x towards that deductible. Now in July, they change jobs and start a new health insurance plan. New health plan means new ...
by nyclon
Tue May 14, 2019 8:57 pm
Forum: Personal Consumer Issues
Topic: Instant Coffee?
Replies: 67
Views: 4550

Re: Instant Coffee?

I drank instant coffee for decades because of lack of time and convenience. Often, made in a large thermos that lasted the day. Instant coffee degrades quickly once opened. But longer if unopened after buying it. So, suggest purchasing the smallest size instant coffee. Knowing that once opened, the...
by nyclon
Tue May 14, 2019 11:38 am
Forum: Investing - Theory, News & General
Topic: Fidelity bring sec lending in house - takeaway is this will boost returns
Replies: 1
Views: 351

Fidelity bring sec lending in house - takeaway is this will boost returns

Fidelity is cutting Goldman out of their securities lending business and doing it all in house. https://www.bloomberg.com/news/articles/2019-05-14/fidelity-drops-goldman-by-bringing-securities-lending-in-house? A few quotes from the article: The money manager is bringing its stock-lending business i...
by nyclon
Mon May 06, 2019 10:58 pm
Forum: Personal Consumer Issues
Topic: Indian cookbooks
Replies: 25
Views: 2785

Re: Indian cookbooks

Every recipe at www.vegrecipesofindia.com is spot on authentic.
by nyclon
Tue Apr 30, 2019 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - Getting Laid off
Replies: 34
Views: 4903

Re: Need Advice - Getting Laid off

Thanks to everyone providing feedback! I really appreciate the perspective. My boss and his boss are actually on my side on this. So there wouldn't be any laughing out of their respective office. I am still employed and I could take the time now however it would prevent me from doing the important ...
by nyclon
Wed Apr 17, 2019 11:18 am
Forum: Personal Finance (Not Investing)
Topic: I’m a Loser Stuck in a Dead End Job
Replies: 63
Views: 8626

Re: I’m a Loser Stuck in a Dead End Job

Have you tried marketing your services on fiverr or upwork? You may be able to build a solid business as a freelance developer on those two platforms. You can then set up a solo 401k, dictate your hourly rate, etc, and begin to be selective about the work you do. That could turn into a fulfilling ca...
by nyclon
Mon Mar 25, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: Nice men's jeans
Replies: 53
Views: 3858

Re: Nice men's jeans

Go to H&M.
by nyclon
Thu Mar 21, 2019 10:40 am
Forum: Personal Investments
Topic: Ready to FIRE (But Vultures Be Circling)
Replies: 80
Views: 11367

Re: Ready to FIRE (But Vultures Be Circling)

First, congratulations on your success by taking risk and putting everything on the line as an entrepreneur. Second, fight the FOMO. They want you to feel the FOMO. Third, tax loss harvesting and fancy alternative asset portfolios are not going to make or break you. So, put less/no emphasis on those...
by nyclon
Sun Mar 17, 2019 1:57 pm
Forum: Personal Consumer Issues
Topic: Am I being cheap? Wife wants a minivan, but I want to hold off
Replies: 170
Views: 8956

Re: Am I being cheap? Wife wants a minivan, but I want to hold off

This isn't a question of affordability so I think the fact that you laid out your financial picture in such great detail means you are trying to justify the purchase monetarily while knowing you can afford it. You're really reaching here. Squeezing value out of the CRV is one thing. Living life happ...
by nyclon
Wed Mar 06, 2019 11:48 am
Forum: Personal Consumer Issues
Topic: How do long haul moving company charge you?
Replies: 21
Views: 1653

Re: How do long haul moving company charge you?

I need to know how moving companies charge you to transport (not pack) your belongings from one state to another. We are planning to move from Texas to Souther Cali. My house has 4 bedrooms about 2500 sqf. We are going through a major purge of all the stuff we don't need. I read that they charge yo...
by nyclon
Wed Mar 06, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Stay the course with baby on the way?
Replies: 28
Views: 1932

Re: Stay the course with baby on the way?

Most likely my wife will have some non-paid time during her maternity leave that. She works from home but we are still expecting some daycare costs eventually. My parents are about 15-20 minutes from us so we may get some help from them but I’m currently not factoring that in. Your wife will not be...
by nyclon
Wed Feb 27, 2019 10:49 am
Forum: Personal Consumer Issues
Topic: brand new Sienna/Odyssey or gently used?
Replies: 40
Views: 2865

Re: brand new Sienna/Odyssey or gently used?

Have you considered they chrysler pacifica? It doesn't carry the premium that Honda does. This graph is helpful to calculate the total cost of ownership - it can help generalize resale value a few years down the line and demystify costs of maintenance vs depreciation: https://usedfirst.com/cars/toyo...
by nyclon
Thu Feb 14, 2019 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: NYC area, buying first home- where to begin?
Replies: 22
Views: 2321

Re: NYC area, buying first home- where to begin?

Something you should consider while looking is whether or not the locale has 3k and prek programs. If you plan to have your children attend (vs a private school) having those options available will allow you to save $20k-40k/year in daycare/private schooling/nannying.
by nyclon
Wed Jan 30, 2019 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Foreign tax credit worksheets for eligible Vanguard funds (for form 1116)
Replies: 1
Views: 296

Foreign tax credit worksheets for eligible Vanguard funds (for form 1116)

Has anyone found the 2018 version of the "2017 Foreign tax credit worksheets for eligible Vanguard funds"? https://advisors.vanguard.com/VGApp/iip/advisor/csa/investments/taxcenter/foreigntaxcredit?year=2017 I did change the "2017" portion of the URL to 2018 and 2016; 2016 worked but 2018 did not. I...
by nyclon
Tue Jan 22, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Brokerage Form 1099 for 2018
Replies: 8
Views: 1246

Re: Vanguard Brokerage Form 1099 for 2018

TurboTax has two entities for Vanguard listed in its 1099-INT import process (see below). I'm not sure of the difference given the naming, but the form release dates are available. FYI I have a standard brokerage account with a few mutual funds and my numbers come through "Mutual Fund Accounts" "Van...
by nyclon
Thu Jan 10, 2019 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: How do you manage credit card use with monthly budget
Replies: 37
Views: 2692

Re: How do you manage credit card use with monthly budget

Hello everyone, I apologize if this has been asked in the past. I just signed up with Personal Capital and I am having trouble with how to analyze monthly spending using my credit cards. My wife uses one credit card and I use a different credit card from a separate account. I like the idea of havin...
by nyclon
Wed Jan 09, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying a $700K first home crazy?
Replies: 70
Views: 8018

Re: Is buying a $700K first home crazy?

Thanks for initial feedback. Responses below. Is your rent below market? Yes, significantly. Renting a nicer place would cost probably $1K more a month. Does the house shorten your commute or add to it? Does $700k get you a house with a bunch of upgrades due? The commute wouldn't change, but we wou...
by nyclon
Sun Jan 06, 2019 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 145
Views: 16249

Re: Retirement itch- when did you get it?

Right after we had our first child. Soon thereafter we realized how quickly the body ages - this happened because both sets of grandparents hit their late 70s.

Time doesn't stop and memories are made with friends and family - not at work.
by nyclon
Wed Dec 26, 2018 7:18 pm
Forum: Personal Investments
Topic: selling tickets StubHub - Solo 401K?
Replies: 27
Views: 2340

Re: selling tickets StubHub - Solo 401K?

If vanguard can't open the account in time, try E-Trade. They were quick and helpful when I had the same amount of time you have for the same task.
by nyclon
Wed Dec 12, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 249
Views: 22980

Re: What Happened to you during the Financial crisis of 2007–2008

Laid off from two jobs within a span of 8 months. 9 months of unemployment followed where I paid very high COBRA premiums, but never had to visit a doc. Most of my network also lost their jobs during that time, so it was hard for anyone to help anyone else. I remember the day when the S&P 500 printe...
by nyclon
Sat Dec 08, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Single, self employed, 45k in debt, 375k in equity. what’s my move?
Replies: 16
Views: 1699

Re: Single, self employed, 45k in debt, 375k in equity. what’s my move?

It doesn't seem like you need the home. If you rent, you may be able to reduce your housing cost while maintaining the flexibility to move if you need to. Regarding the price of the home: a bird in hand is.... If you're happy with the gain, and it makes you feel better, yes, sell and lock in the gai...
by nyclon
Sun Nov 25, 2018 1:29 pm
Forum: Personal Consumer Issues
Topic: Is good, quality luggage worth the price?
Replies: 94
Views: 7827

Re: Is good, quality luggage worth the price?

I've previously been using a duffel bag for travel (domestic), though practical I have decided to purchase a rolling carry-on as I am doing more travel for work. I have seen a few threads about luggage but more so are about recommendations about actual brands. I'm pretty set on either the https://w...
by nyclon
Sun Nov 11, 2018 12:58 am
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 127
Views: 14225

Re: Finances in NYC

Good Morning Everyone, I'm facing a big decision; I received a job offer in Manhattan, NY and am trying to see the financial side of the issue and since I believe everyone here from past experience I am hoping for other opinions regarding life in general with the decision. So, anything you think I ...
by nyclon
Sun Nov 04, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: Collateralized Loan Obligations
Replies: 11
Views: 1041

Re: Collateralized Loan Obligations

CLOs actually outperformed most asset classes right through the Great Recession and through today. They've done very well and for several years have surpassed their precrisis issuance levels. Banks are doing very well with them. One big issue as of late pertains to their collateral - many loans are ...
by nyclon
Sat Nov 03, 2018 10:38 am
Forum: Investing - Theory, News & General
Topic: What is an "advanced" investor?
Replies: 34
Views: 2794

Re: What is an "advanced" investor?

Ron Scott asked: "What is an advanced investor?" Anyone who believes in The Bogleheads Investment Philosophy: 1 Develop a workable plan 2 Invest early and often 3 Never bear too much or too little risk 4 Diversify 5 Never try to time the market 6 Use index funds when possible 7 Keep costs low 8 Min...
by nyclon
Thu Nov 01, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Payroll experts: prorating salary calculation gone wrong?
Replies: 8
Views: 1030

Re: Payroll experts: prorating salary calculation gone wrong?

Thank you for all the replies. It's clear that although there are different ways to approximate the correct pay their method in example 2 does not seem to be fair nor does it comply with the spirit of 29 CFR 541.602. This particular employer happens to utilize method #1 for new hires, but method #2 ...