Search found 24 matches

by umk
Sat Apr 07, 2018 9:27 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 15195

Re: What is your AA, given your age? and, Why?

Age 50 AA is 90:10 Technically, I am in 100% equity, but the 10% is in short term and intermediate term bonds as educational expenses.
I have absolutely no problem having high percentage in equity as long as I have cash coming in and ready to be deployed.
by umk
Sat Apr 07, 2018 6:28 pm
Forum: Local Chapters and Bogleheads Community
Topic: Woodlands TX Bogleheads Master Thread
Replies: 8
Views: 1943

Re: Woodlands TX Bogleheads Master Thread

Happy to announce that first meeting of the chapter was held today. It was introductory meeting. About 10 persons attended. Thanks Scott for arranging this one. Next meeting is tentatively scheduled for first Saturday in June.
by umk
Sun Mar 11, 2018 2:02 am
Forum: Local Chapters and Bogleheads Community
Topic: New Woodlands, Texas Local Chapter
Replies: 23
Views: 4980

Re: New Woodlands, Texas Local Chapter

I would be interested to attend Woodlands chapter.
by umk
Sun Mar 11, 2018 1:50 am
Forum: Local Chapters and Bogleheads Community
Topic: Houston Chapter
Replies: 85
Views: 17213

Re: Houston Chapter

Would like to attend...
by umk
Sun Mar 11, 2018 1:11 am
Forum: Investing - Help with Personal Investments
Topic: Can I take an 85+% pay cut for fun?
Replies: 80
Views: 10154

Re: Can I take an 85+% pay cut for fun?

I am almost in the same position, working as a Software developer and doing work that I don't enjoy at all. I am in the same position for last 15 years, never promoted even once. (I stopped asking long ago after I tried 2-3 times). No merit raise for last 5 years (due to bad days in the industry). L...
by umk
Mon Jan 01, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: PenFed messed up my mortgage payment - again
Replies: 8
Views: 1343

Re: PenFed messed up my mortgage payment - again

So, I paid two years of property tax to Penfed this year: one year was withdrawn via escrow as part of my monthly payment and one year was paid in December to the county. Are they under obligation to adjust monthly payment just because someone paid tax in advance? or they doing it as a customer cou...
by umk
Mon Jan 01, 2018 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2017 Tax Software $9.95 , State $14.95
Replies: 61
Views: 11377

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

1. Can I import last year's Turbo-tax return file to H&R block? I did a search on H&R block site, but could not find an answer. My big concern is whether it will import depreciation and balance values (cost basis) for the rental properties. Update for others: The deal is still valid. I was able to ...
by umk
Fri Dec 15, 2017 1:53 am
Forum: Personal Consumer Issues
Topic: Lexus RX 350 - new vs. preowned
Replies: 29
Views: 3117

Re: Lexus RX 350 - new vs. preowned

DW drives RX-350 year 2012 model. We purchased it brand new, based on past experience of buying "depreciated" vehicle. Now I buy new vehicles and am planning to keep them as long as they run or until we are tired of them. BTW, DW wanted to buy RAV4 because RX-350 was expensive. I was the one who ins...
by umk
Fri Dec 15, 2017 1:46 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2017 Tax Software $9.95 , State $14.95
Replies: 61
Views: 11377

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

1. Can I import last year's Turbo-tax return file to H&R block? I did a search on H&R block site, but could not find an answer. My big concern is whether it will import depreciation and balance values (cost basis) for the rental properties. 2. I need to issue 1099-MISC to someone and then report it ...
by umk
Sun Dec 10, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 13046

Re: 2018 financial goals - what are yours?

Same goals like every year:
Increase net worth by 10%
Reduce outstanding debt by 10%
by umk
Fri Dec 08, 2017 10:05 pm
Forum: Personal Consumer Issues
Topic: Linux based laptop or just a Windows based laptop formatted?
Replies: 49
Views: 4030

Re: Linux based laptop or just a Windows based laptop formatted?

I am a FLOSS supporter and buy my GNU/Linux laptop from https://system76.com
I have been very happy with them. Honestly I don't miss ANY software from Windows world (except turbo-tax software). :oops:
by umk
Fri Dec 08, 2017 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: Retire in my early 40s? Crazy or actually doable?
Replies: 77
Views: 12809

Re: Retire in my early 40s? Crazy or actually doable?

... My job is tough and stressful so to not do it would be very nice indeed. you have worked hard and done an awesome job building your nestegg. if you have constructive things you'd like to do with your time, like restore a '66 GTO, or run marathons, or build an addition to your house... things th...
by umk
Mon Dec 04, 2017 9:38 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 184
Views: 15430

Re: One answer to the Dividend stocks puzzle from behavioral finance

(quoting Investopedia) "Many investors like the steady income associated with dividends..." This quote illustrates part of the problem: we're not all using words the same way. I'm used to thinking of "income" as the money you take out of your portfolio in order to spend it; since this quantity is e...
by umk
Mon Nov 13, 2017 4:14 pm
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 326
Views: 58171

Re: Any books really change your outlook on life?

Two books have had profound impact on me. 1) Horse Sense: The Key to Success Is Finding a Horse to Ride by Al Ries and Jack Trout This one taught me that to be successful, you have to view yourself as a product rather than as an employee. Trying harder, believing in yourself, and thinking positively...
by umk
Fri Apr 28, 2017 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: Sell Condo or Rent it out
Replies: 16
Views: 1945

Re: Sell Condo or Rent it out

I have several rental properties, but I stay away from condos and all my properties are within 30 minutes driving distance. The monthly HOA dues eat into your profit, maintenance cost goes high for amenities you may not use, condos do not appreciate as fast as SFR, too many rentals are a problem for...
by umk
Fri Apr 28, 2017 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Online real estate class-NYS
Replies: 6
Views: 808

Re: Online real estate class-NYS

I currently have a full time job so it would be part time at first If you intend to do this full-time, I would advise "Think twice". Unless you live in HCOL area and are selling million+ dollar homes, it's not worth it IMO. The reason I decided to have my own license so that I could gain access any...
by umk
Fri Apr 28, 2017 10:57 pm
Forum: Personal Consumer Issues
Topic: Banned from Home Depot Returns
Replies: 131
Views: 80863

Re: Banned from Home Depot Returns

In Italy, it is pretty common that you can only exchange for another item. Ditto in India. In fact, many times, exchanges are done only in the afternoon when there are fewer customers. Also, there is no concept of guarantee or warranty. I once asked a shopkeeper what is the guarantee for this item?...
by umk
Thu Apr 27, 2017 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Online real estate class-NYS
Replies: 6
Views: 808

Re: Online real estate class-NYS

Yes, I have taken online classes and currently hold active real estate agent license. I do real estate part-time, just for my friends or myself (I don't advertise at all). Just make sure that the class is approved by your state's Real Estate Commission. Then go for the cheapest class.
by umk
Sun Mar 05, 2017 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: DRIP ETFs/ Stocks ?
Replies: 2
Views: 450

Re: DRIP ETFs/ Stocks ?

Yes, I started investing in DRIP's in 1998. I was making only ~40,000/year and couldn't afford Vanguard's steep $3000 investment. There were no ETF's that time. This was the time when Bogleheads was on Morningstar forum where I learned about DRIP and Jonathan Clements. Makes me nostalgic. :) I also ...
by umk
Tue Sep 06, 2016 5:34 pm
Forum: Personal Consumer Issues
Topic: pro's and con's of closing/reopening amazon.com account?
Replies: 31
Views: 5504

Re: pro's and con's of closing/reopening amazon.com account?

I did exactly what you are planning to do. Just try to delete your amazon account and you will see how hard they try to stop you from doing that and make it difficult to delete the account. They want to know more about you and keep you glued to them as much as they can. Of course, that actually enco...
by umk
Sat Sep 03, 2016 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: How to decide among refi providers and offers?
Replies: 12
Views: 1209

Re: How to decide among refi providers and offers?

I was tempted to refi my loan when I saw an email from Costco a couple of weeks ago. They had quoted 3.375% rate for 30 year fixed mortgage. I asked for quote from 3 of their preferred vendors. 1 quoted 3.375%, the other 3.49% and the third did not contact me when I told her that "I am getting 3.25%...
by umk
Fri Aug 19, 2016 3:08 pm
Forum: Personal Consumer Issues
Topic: Cell phone data plans
Replies: 62
Views: 8867

Re: Cell phone data plans

We use T-mobile for 4 lines $100 per month, unlimited talk-and-text 2.5GB data per line. I use WiFi at home and at work, so data usage is hardly 1GB. My new world is I've got several numbers for different purposes and no one number is critical. It's terrific and horrible all the same. Juggling multi...
by umk
Fri Aug 19, 2016 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: To sell rental property or not to sell
Replies: 2
Views: 437

Re: To sell rental property or not to sell

I am new member here and this is my first post, so please excuse me if I am not compliant with the site rules. If I were in your place, I would not sell the property. The points in your favor are: the property is cash-flow positive, in good neighborhood, good school district and the rent is reasonab...