Search found 268 matches

by ImmigrantSaver
Fri Jul 12, 2019 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Living Options
Replies: 52
Views: 5483

Re: NYC Living Options

Anyone else noticed this post is almost 3 years old? Yes. And that OP may already be a homeowner! https://www.bogleheads.org/forum/viewtopic.php?f=2&t=263904&p=4212584#p4212584 Haha, oh well. The discussion might still be relevant as many people move to the city every year and go through the "housi...
by ImmigrantSaver
Fri Jul 12, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Living Options
Replies: 52
Views: 5483

Re: NYC Living Options

Anyone else noticed this post is almost 3 years old?
by ImmigrantSaver
Wed Jun 26, 2019 9:45 am
Forum: Personal Finance (Not Investing)
Topic: How did you lower your annual expenses?
Replies: 145
Views: 12748

Re: How did you lower your annual expenses?

Our keys to success include the following: 2. No international travel expenses 5. No wine expenses Perhaps if you combined these two you would see things differently. :beer Haha... Agree! Just got back from a two-week trip to Italy and Spain and there's no way I'm cutting my travel budget. Travelfo...
by ImmigrantSaver
Mon May 13, 2019 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Cheapest way to convert USD to CHF
Replies: 8
Views: 543

Re: Cheapest way to convert USD to CHF

And if you have Schwab Checking account, you get ATM fees reimbursed :D

PS: I will be travelling to Switzerland around the same time :sharebeer
by ImmigrantSaver
Mon May 13, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Buy or keep renting in Manhattan?
Replies: 43
Views: 7329

Re: Buy or keep renting in Manhattan?

Those LES coops are the last affordable option in the downtown area. Hope it stays that way for a few more years till I am ready to buy :sharebeer
by ImmigrantSaver
Sun May 12, 2019 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Can we really afford $1.25M house?
Replies: 44
Views: 5778

Re: Can we really afford $1.25M house?

Unfortunately don’t have the ability to do that...definitely wish the retirement account was stronger though. Alas primarily due to my age and work experience in startups without 401ks, most of my NW is in taxables. Understood. I would approach it backwards then. Earmark certain amount of the taxab...
by ImmigrantSaver
Sun May 12, 2019 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Can we really afford $1.25M house?
Replies: 44
Views: 5778

Re: Can we really afford $1.25M house?

The retirement accounts seem to low for your income level. I would focus on that first. Do you have an option to contribute after-tax into your 401k for mega back door Roth conversion?
by ImmigrantSaver
Thu Apr 18, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 110
Views: 13349

Re: Weigh in on our Marital Argument =)-- HCOL edition

Random update: We are still in the same place. We want to stay in our Elementary school catchment area, and there just hasn't been much inventory. We're looking in an area that's only about 1/3 of a mile square. The original row house that sparked this conversation was sold before we made a decisio...
by ImmigrantSaver
Tue Apr 09, 2019 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Newlyweds considering moving to NYC...advice and insight appreciated.
Replies: 51
Views: 4533

Re: Newlyweds considering moving to NYC...advice and insight appreciated.

Our daughter lives on the Upper East Side (around 78th and 3rd I believe). She pays around $2600 for a 6th floor WALKUP that can't be more than 300 square feet. The only bright spot is that there is an empty floor above her so noise is limited - I guess once you hit 7 floors elevators are required....
by ImmigrantSaver
Mon Apr 08, 2019 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds considering moving to NYC...advice and insight appreciated.
Replies: 51
Views: 4533

Re: Newlyweds considering moving to NYC...advice and insight appreciated.

Our daughter lives on the Upper East Side (around 78th and 3rd I believe). She pays around $2600 for a 6th floor WALKUP that can't be more than 300 square feet. The only bright spot is that there is an empty floor above her so noise is limited - I guess once you hit 7 floors elevators are required....
by ImmigrantSaver
Sun Apr 07, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3888
Views: 721879

Re: What's Your Credit Card Rewards Strategy?

Question for the experienced credit card folks: So I got hit with the tax underpayment penalty this year and considering paying estimated quarterly taxes using credit cards. Want to open a couple of new ones to earn bonuses to do that (otherwise it's just not worth it after the fee). Any suggestion...
by ImmigrantSaver
Fri Apr 05, 2019 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3888
Views: 721879

Re: What's Your Credit Card Rewards Strategy?

Question for the experienced credit card folks: So I got hit with the tax underpayment penalty this year and considering paying estimated quarterly taxes using credit cards. Want to open a couple of new ones to earn bonuses to do that (otherwise it's just not worth it after the fee). Any suggestion...
by ImmigrantSaver
Fri Apr 05, 2019 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3888
Views: 721879

Re: What's Your Credit Card Rewards Strategy?

Question for the experienced credit card folks: So I got hit with the tax underpayment penalty this year and considering paying estimated quarterly taxes using credit cards. Want to open a couple of new ones to earn bonuses to do that (otherwise it's just not worth it after the fee). Any suggestions...
by ImmigrantSaver
Mon Apr 01, 2019 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds considering moving to NYC...advice and insight appreciated.
Replies: 51
Views: 4533

Re: Newlyweds considering moving to NYC...advice and insight appreciated.

It's doable if you don't need a doorman building. Keep rent+parking at no more than 3K and you'll be fine. Once you have kids, then it's a different story :D
by ImmigrantSaver
Mon Mar 25, 2019 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Stretching? (Home purchase)
Replies: 20
Views: 2848

Re: Stretching? (Home purchase)

If you want to buy and burden your solvency near a housing market top good luck w/that. Again 1829 main st., Marshfield, Ma, 1 livable ranch, 5 acres! Marshfield hills, Ma. was 141k 5yrs back. Zillow it. 1.3M for a duplex, in ny? Good luck! The RE could go to 250k., BELIEVE IT. Good luck Funny. As ...
by ImmigrantSaver
Tue Mar 19, 2019 9:50 pm
Forum: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 10943

Re: What is your U.S./ex-U.S. stock allocation?

Market weight roughly. Currently 55/45, and will adjust when necessary.
by ImmigrantSaver
Tue Mar 19, 2019 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Should we purchase $700k home?
Replies: 101
Views: 6835

Re: Should we purchase $700k home?

May I just say that for someone who lives in a 300sq feet studio (albeit single no kids but bf spends most of the weekend at mine) this thread is truly fascinating to me! When 1500 sq feet is considered small and uncomfortable and 2500 is just modest! :shock: My ideal would be 1200-1500 sf 3 bed 2 b...
by ImmigrantSaver
Sun Mar 17, 2019 12:11 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 790
Views: 80945

Re: That's enough for me in 2019

My strategy for market at high levels is to spend the money. I am about to return to the U.S. after one week of wonderful travel in Columbia. I just spend the money that I may plan to spend in retirement. When the market goes down, the money has already been spent. Going there on Friday! :sharebeer...
by ImmigrantSaver
Sat Mar 16, 2019 10:26 am
Forum: Personal Finance (Not Investing)
Topic: How many companies have you worked for?
Replies: 125
Views: 6662

Re: How many companies have you worked for?

tigers174 wrote:
Tue Mar 12, 2019 7:24 pm
I'm 36 and have been with the same company the entire time after college.
Same. Will be 12 years this summer and I feel like it's time to make a move or I'll be stuck there
by ImmigrantSaver
Wed Mar 13, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on where to park house down payment money
Replies: 21
Views: 1605

Re: Need advice on where to park house down payment money

I am using Limited Term Munis (VMLUX) plus can potentially use some equities from the taxable account which is now part of retirement account. I am flexible with the timeline though
by ImmigrantSaver
Thu Feb 28, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Ring Shopping
Replies: 82
Views: 4091

Re: Ring Shopping

Not sure how GF feels about this but we opted not to buy an engagement ring. I am a physician as is my husband so there is an “expectation”. Plus we were in our 30’s so seemingly not poor and just starting out. I didn’t want to have to spend so much on a ring so I told him not to bother. It would h...
by ImmigrantSaver
Sat Feb 16, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth and 1099-R taxable income
Replies: 11
Views: 2241

Re: Mega Backdoor Roth and 1099-R taxable income

Alan S. wrote:
Fri Feb 15, 2019 8:15 pm
You mean that your Box 2a plus Box 5 do not add up to the Box 1 amount?
Box 2A is 0 and box 5 is empty. I only have a number in box 1 which is gross distribution and it's a correct amount
by ImmigrantSaver
Fri Feb 15, 2019 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth and 1099-R taxable income
Replies: 11
Views: 2241

Re: Mega Backdoor Roth and 1099-R taxable income

I am fortunate to work for a Megacorp that allows in service distributions. As such, this is my first time doing a distribution from my after tax 401k to a Roth IRA (ie. Mega Backdoor Roth). 401k was at Wells Fargo and the distribution was via a single check to my Vanguard Roth IRA account. The gro...
by ImmigrantSaver
Tue Jan 22, 2019 10:42 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939790

Re: U.S. stocks in free fall

I went 80% cash today at the close. It may be a brilliant move or... :oops: I finally got my excess 401k proceeds distributed to me on Friday and immediately reinvested them lump sum. Expect the markets to tank on Tuesday! You are welcome! :sharebeer LOL, I'm figuring a 200 point gain because of my...
by ImmigrantSaver
Mon Jan 21, 2019 10:15 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939790

Re: U.S. stocks in free fall

jfn111 wrote:
Fri Jan 18, 2019 7:53 pm
I went 80% cash today at the close. It may be a brilliant move or... :oops:
I finally got my excess 401k proceeds distributed to me on Friday and immediately reinvested them lump sum. Expect the markets to tank on Tuesday! You are welcome! :sharebeer
by ImmigrantSaver
Mon Jan 14, 2019 8:31 pm
Forum: Personal Investments
Topic: Biggest Investment Mistake
Replies: 200
Views: 16066

Re: Biggest Investment Mistake

1) Not migrating to the 3 fund PF sooner than I did; 2) Not reading all of longinvest's posts on VPW sooner than I did which actually helped me understand the winning the game concept far better than Bernstein's explanations (nothing against Bernstein); 3) Wasting too much time reading too much fin...
by ImmigrantSaver
Mon Jan 14, 2019 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Savings/Money Market for parking cash
Replies: 19
Views: 2420

Re: Savings/Money Market for parking cash

VUSXX (Vanguard Treasury Fund) has a current SEC yield of 2.3% and is state tax free which may increase your returns even more. This is where my cash is parked due to the rising interest environment and simplicity of not having to deal with penalties, chasing teaser rates, and my states income taxe...
by ImmigrantSaver
Thu Jan 10, 2019 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Building Wealth Through Home Equity--Myth or Reality?
Replies: 94
Views: 6364

Re: Building Wealth Through Home Equity--Myth or Reality?

Don't forget it's also a highly leveraged asset. Most people don't borrow $500k to invest in the stock market, but a lot of folks borrow that much to invest in a home. If that house and it appreciates 2% in a year you get $10k. If your down payment and mortgage payments for the year total $60k, you...
by ImmigrantSaver
Sun Jan 06, 2019 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Help me choose a co-op buyer!
Replies: 11
Views: 1208

Re: Help me choose a co-op buyer!

Hi! I posted a few days ago about my coop and how long until a listing becomes stale. Coincidentally and luckily, we received two offers since then and they were in a slight bidding war. My coop board is certainly strict and will look through all the finances of these buyers, so I want to make sure...
by ImmigrantSaver
Fri Jan 04, 2019 10:58 pm
Forum: Personal Investments
Topic: Which Money Market account now that interest rates have gone up?
Replies: 57
Views: 8500

Re: Which Money Market account now that interest rates have gone up?

I've heard good things about Ally, but their MM looks like it's only at 1%. CapitalOne is now at 2%, and if you chase rates, it's even higher. https://www.nerdwallet.com/blog/banking/best-money-market-accounts/ I'm looking for a fair return on MM or other automatically returning account without hav...
by ImmigrantSaver
Tue Jan 01, 2019 6:09 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2019 BOGLEHEAD CONTEST [Entry deadline has passed]
Replies: 697
Views: 15690

Re: REGISTRATION FOR 2019 BOGLEHEAD CONTEST

3000

I'd rather be optimistic and wrong than pessimistic and right :sharebeer
by ImmigrantSaver
Sat Dec 29, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford private school & savings & student debt?
Replies: 39
Views: 2743

Re: Can we afford private school & savings & student debt?

First time post but I've been lurking for the past year and have learned so much since I 'graduated' to Bogleheads after a year of Dave Ramsey. We live a generally frugal lifestyle since we were broke (by NYC standards) for so long when we started our business, were too traumatized by graduating wi...
by ImmigrantSaver
Sat Dec 29, 2018 12:46 am
Forum: Personal Investments
Topic: What do you do with dividends?
Replies: 51
Views: 4650

Re: What do you do with dividends?

Typically reinvest manually (for TLH convenience) to whatever sector is lagging. This year I decided to partially fund my 2019 Roth contribution with 4Q dividends. The rest of the roth will be funded with interest earned in the savings account and through sale of some equities. I am 35 and still acc...
by ImmigrantSaver
Thu Dec 27, 2018 9:44 pm
Forum: Investing - Theory, News & General
Topic: Will the real contrarians please stand up?
Replies: 58
Views: 4180

Re: Will the real contrarians please stand up?

MrJones wrote:
Thu Dec 27, 2018 6:18 pm
The real contrarians are probably sitting down now...
lol That's not contrarian - that's stubborn :wink: I would know :wink: :wink:
by ImmigrantSaver
Wed Dec 26, 2018 5:37 pm
Forum: Investing - Theory, News & General
Topic: What’s your TLH Strategy [Tax Loss Harvest]
Replies: 42
Views: 2819

Re: What’s your TLH Strategy [Tax Loss Harvest]

That’s good to know. I thought it would violate not buying within 30 days rule. I guess if your selling the entire lot you recently purchased it does not violate the do not buy additional lots during the 30 day window. So why don’t you exchange into VFIAX? Because I buy it in 401k and it might cons...
by ImmigrantSaver
Wed Dec 26, 2018 4:19 pm
Forum: Investing - Theory, News & General
Topic: 12/26/2018 is why you don't want to TLH to cash
Replies: 14
Views: 1494

Re: 12/26/2018 is why you don't want to TLH to cash

We know that really bad days in the market can foment tax-loss harvesting exchanges. We also know that good days and bad days can be temporally correlated. That is, worst days and best days often occur close together in time. That's why I advocate not going to cash for 30 days when selling equities...
by ImmigrantSaver
Tue Dec 25, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: What’s your TLH Strategy [Tax Loss Harvest]
Replies: 42
Views: 2819

Re: What’s your TLH Strategy [Tax Loss Harvest]

Merry Christmas. I seem to be confused as to what would limit on from making a TLH exchange. I TLH total stock market to sp500 in late October and then from sp500 to large cap index in mid December...I would like to TLH back to my preferred total stock market index, which I can it’s been more than ...
by ImmigrantSaver
Tue Dec 25, 2018 6:35 pm
Forum: Investing - Theory, News & General
Topic: What’s your TLH Strategy [Tax Loss Harvest]
Replies: 42
Views: 2819

Re: What’s your TLH Strategy [Tax Loss Harvest]

I TLHed a bit too soon this time around and so all of my preferred TLH partners are not available till mid January. Should I just wait till then and close the year with losses or should I find the third partners in the meantime? Any recommendations? So far I have been using VTSAX/VCLAX for US, VTIA...
by ImmigrantSaver
Tue Dec 25, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: What’s your TLH Strategy [Tax Loss Harvest]
Replies: 42
Views: 2819

Re: What’s your TLH Strategy [Tax Loss Harvest]

Are you comfortable with "getting stuck" with VTMGX if we get a January rebound? It's quite different from the other too but I guess one can always add Emerging markets find separately if anything. It’s a good question. Initially I was uncertain, and then I realized that I lacked a principled reaso...
by ImmigrantSaver
Tue Dec 25, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: What’s your TLH Strategy [Tax Loss Harvest]
Replies: 42
Views: 2819

Re: What’s your TLH Strategy [Tax Loss Harvest]

I TLHed a bit too soon this time around and so all of my preferred TLH partners are not available till mid January. Should I just wait till then and close the year with losses or should I find the third partners in the meantime? Any recommendations? So far I have been using VTSAX/VCLAX for US, VTIA...
by ImmigrantSaver
Tue Dec 25, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: What’s your TLH Strategy [Tax Loss Harvest]
Replies: 42
Views: 2819

Re: What’s your TLH Strategy [Tax Loss Harvest]

I TLHed a bit too soon this time around and so all of my preferred TLH partners are not available till mid January. Should I just wait till then and close the year with losses or should I find the third partners in the meantime? Any recommendations? So far I have been using VTSAX/VCLAX for US, VTIA...
by ImmigrantSaver
Tue Dec 25, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: What’s your TLH Strategy [Tax Loss Harvest]
Replies: 42
Views: 2819

Re: What’s your TLH Strategy [Tax Loss Harvest]

I TLHed a bit too soon this time around and so all of my preferred TLH partners are not available till mid January. Should I just wait till then and close the year with losses or should I find the third partners in the meantime? Any recommendations? So far I have been using VTSAX/VCLAX for US, VTIA...
by ImmigrantSaver
Tue Dec 25, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: What’s your TLH Strategy [Tax Loss Harvest]
Replies: 42
Views: 2819

Re: What’s your TLH Strategy [Tax Loss Harvest]

I TLHed a bit too soon this time around and so all of my preferred TLH partners are not available till mid January. Should I just wait till then and close the year with losses or should I find the third partners in the meantime? Any recommendations? So far I have been using VTSAX/VCLAX for US, VTIAX...
by ImmigrantSaver
Mon Dec 24, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: What was your best investment in 2018?
Replies: 127
Views: 7639

Re: What was your best investment in 2018?

Monetary: SV Fund, I-bonds and HY Savings account.
Non-monetary: My trips to Portugal, Scotland and Argentina :sharebeer
by ImmigrantSaver
Fri Dec 21, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 255
Views: 24198

Re: Whose buying today? where's all the "dry powder" folks at? :)

For many working folks, this is bonus season. What a wonderful gift that the market is also on sale! Double-win! :sharebeer :moneybag Not exactly "dry powder" but I normally hang on to my annual bonus until after the Santa Claus Rally. Not this year, I'm buying on the way down and loving it. I'm ev...
by ImmigrantSaver
Fri Dec 21, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 255
Views: 24198

Re: Whose buying today? where's all the "dry powder" folks at? :)

For many working folks, this is bonus season. What a wonderful gift that the market is also on sale! Double-win! :sharebeer :moneybag Not exactly "dry powder" but I normally hang on to my annual bonus until after the Santa Claus Rally. Not this year, I'm buying on the way down and loving it. I'm ev...
by ImmigrantSaver
Thu Dec 20, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 221
Views: 17350

Re: What is your allocation to U.S. and International?

What's next? Are we going to debate appropriate sectors weights? :) Even the standard three fund portfolio calls for approximate market cap (50/50 US/Intl). Emergence of Vanguard's World fund offering makes the whole question wonderfully quaint. Can't wait for the admiral shares of VTWSX (VTWAX?). ...
by ImmigrantSaver
Fri Oct 26, 2018 11:36 am
Forum: Investing - Theory, News & General
Topic: What's everyone currently in?
Replies: 93
Views: 8691

Re: What's everyone currently in?

Total Market, Small-value (S&P600), and Total International. Not changing but I did just harvest my US equity losses today (International I hit earlier this month and waiting to potentially harvest back further losses to my core holding). 100% equity and no qualms. Did you tlh small value as well? ...
by ImmigrantSaver
Wed Oct 24, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a House - Mortgage or Cash?
Replies: 16
Views: 2190

Re: Buying a House - Mortgage or Cash?

I am not excited about homeownership but with a growing family we need the space and agree it would be nice for the kids to exit the city. I say this so you are aware that I am not all that enthusiastic about the purchase but am bought in. I have so many things to tell you about how you may not nee...
by ImmigrantSaver
Fri Oct 19, 2018 10:41 am
Forum: Personal Investments
Topic: Tax loss harvesting Vxus (total intern.) question
Replies: 6
Views: 891

Re: Tax loss harvesting Vxus (total intern.) question

I could be wrong, but I believe the combination of Developed and Emerging funds you listed would already contain Small Caps. Any extra VSS would be tilting.