Search found 153 matches

by ImmigrantSaver
Fri Feb 09, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 13154

Re: "The stock market is officially in a correction... here's what usually happens next"

DanMahowny wrote:
Fri Feb 09, 2018 1:46 pm


When my FB friends were posting their 401k statements online, I went to 20/80.
:shock: :shock: :shock:

People do that ?!?
by ImmigrantSaver
Thu Feb 08, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262490

Re: U.S. stocks in freefall

Anyone else buying today, or trying to avoid catching a falling knife? I already bought my February allocation on Friday and then a bit extra on Monday. So sitting tight till March when coincidentally my bonus should get through so I'll have a bigger amount to put in. Will use that to rebalance as ...
by ImmigrantSaver
Fri Feb 02, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262490

Re: U.S. stocks in freefall

RBD today? Good question. I have 2k to put in between now and the end of February (50/50 VXUS and VBR as I am underweight in both). Do I do it now or do I wait.. Decisions decisions.. I have some to put in too. Probably moanday I pulled the trigger today. That means it will keep going down on Monda...
by ImmigrantSaver
Fri Feb 02, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262490

Re: U.S. stocks in freefall

RBD today? Good question. I have 2k to put in between now and the end of February (50/50 VXUS and VBR as I am underweight in both). Do I do it now or do I wait.. Decisions decisions.. Do it now. In the long run, this won’t even be a blip. Even if the markets crash tomorrow. I’ll be investing 25 tim...
by ImmigrantSaver
Fri Feb 02, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262490

Re: U.S. stocks in freefall

lostdog wrote:
Fri Feb 02, 2018 10:38 am
RBD today?
Good question. I have 2k to put in between now and the end of February (50/50 VXUS and VBR as I am underweight in both). Do I do it now or do I wait.. Decisions decisions..
by ImmigrantSaver
Fri Feb 02, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: What advice would you give yourself if you were 27 again?
Replies: 120
Views: 7587

Re: What advice would you give yourself if you were 27 again?

(1) Don’t lie to yourself (or to others!) about how much you are spending; (2) Learn to find joy in saving; (3) Focus on simplicity and consistency In investing strategy; (4) Don’t fetishize hustling for work and income — learn to limit work in order to maximize the value of non-work relationships ...
by ImmigrantSaver
Wed Jan 31, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Best place to park cash
Replies: 32
Views: 2483

Re: Best place to park cash

Barclays Savings account pays 1.5%. No minimums
by ImmigrantSaver
Fri Jan 26, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 124
Views: 17513

Re: My boneheaded financial mistakes

Kept repeating the cell phone contract nonsense for years until Sprint raised my plan one too many times in 2010. could you clarify the cell phone nonsense? just to make sure it’s not something we are doing on accident 😳 Switched from contract carriers to non-contract carriers. First was Straight T...
by ImmigrantSaver
Wed Jan 17, 2018 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 452209

Re: What's Your Credit Card Rewards Strategy?

mega317 wrote:
Thu Jan 11, 2018 3:29 pm
Chase Freedom includes internet/cable/phone services this quarter. Is there any reason not to prepay $1500 today on those?
That's my plan. 500 per month. I also just got the card, so I get a bonus too :)
by ImmigrantSaver
Mon Jan 08, 2018 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalance in 401k
Replies: 10
Views: 786

Re: Rebalance in 401k

Unless I was getting the after-tax contribution in a Roth in a reasonable amount of time (months, not years), I would not contribute to the after-tax part. I think since the gains on the after-tax bits are taxed as ordinary income when withdrawn rather than at the lower LTCG tax rate, I would rathe...
by ImmigrantSaver
Wed Jan 03, 2018 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Online High yield savings account for emergency funds
Replies: 29
Views: 3065

Re: Online High yield savings account for emergency funds

I'm getting 1.3% in the $10,000-minimum money market savings account at Capital One 360, 1% in the regular "savings" accounts. Nothing particular to say about Capital One, had 'em since about the year 2000 when they were ING Direct, they've always seemed good and reliable. But with one detail. I do...
by ImmigrantSaver
Thu Dec 28, 2017 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Unique Credit Cards linked to Real Credit Card
Replies: 19
Views: 1066

Re: Unique Credit Cards linked to Real Credit Card

What about using a single card for the bill payments ONLY and never use that card anywhere else (not even carry it around)? Sounds old fashioned but I feel like it's a much simpler solution :sharebeer
by ImmigrantSaver
Thu Dec 28, 2017 12:36 am
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $600-650k house?
Replies: 60
Views: 6959

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

Think of it this way. If i paid off the CC today and have a 0 balance next month it makes it mentally easier for me to overspend next month because adding $500 to a high balance that I'm trying to pay off with free cash flow is a lot harder mentally than adding "just a few hundred" to a balance wit...
by ImmigrantSaver
Tue Dec 26, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 452209

Re: What's Your Credit Card Rewards Strategy?

Amex-SPG-Business: A story of my mistake . I wanted to close my Amex SPG-Business card before it becomes subject to annual fees. I remembered that when closing a business card, it's important to close the account, not just the card, because some providers have separate numbers for the account and f...
by ImmigrantSaver
Sat Dec 23, 2017 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund (DAF) - Bunch Now - Easy (even easier than backdoor Roth)
Replies: 19
Views: 1485

Re: Donor Advised Fund (DAF) - Bunch Now - Easy (even easier than backdoor Roth)

. . . I should have mentioned that I don't own property, so no property or mortgage int deductions for me. So I guess it's 10k of SALT plus charity should be greater than 12K for me to itemize the deductions? Also. Not sure what you mean by sales taxes deductions? I live in a state that does not ha...
by ImmigrantSaver
Sat Dec 23, 2017 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund (DAF) - Bunch Now - Easy (even easier than backdoor Roth)
Replies: 19
Views: 1485

Re: Donor Advised Fund (DAF) - Bunch Now - Easy (even easier than backdoor Roth)

I have an amateur question about DFA as I just started to learn about it now. So if a single person takes a standard deduction of 12k going forward, DFA only makes sense if you put more than 12k into it? Not really . . . I'm single. For 2017, I am itemizing and deducting 2017 contributions PLUS wha...
by ImmigrantSaver
Sat Dec 23, 2017 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund (DAF) - Bunch Now - Easy (even easier than backdoor Roth)
Replies: 19
Views: 1485

Re: Donor Advised Fund (DAF) - Bunch Now - Easy (even easier than backdoor Roth)

I have an amateur question about DFA as I just started to learn about it now. So if a single person takes a standard deduction of 12k going forward, DFA only makes sense if you put more than 12k into it?
by ImmigrantSaver
Sat Dec 23, 2017 1:07 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 452209

Re: What's Your Credit Card Rewards Strategy?

The long international flight can cost 70-80k miles so it would take 1.5 years to earn one free flight. Don't get me wrong - it's better than nothing but I definitely don't feel like a travel hacker. I must be doing it wrong. So for those of you opening new cards with bonuses to the miles. What hap...
by ImmigrantSaver
Thu Dec 21, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 452209

Re: What's Your Credit Card Rewards Strategy?

ImmigrantSaver » Thu Dec 21, 2017 3:47 pm Great post - Thank you so much! A couple of follow up questions. 1) Is it possible for me to open Chase Sapphire Preferred and get the bonus if I already have CSR? If yes, can I then consolidate the points under CSR and use them that way? Cause I believe th...
by ImmigrantSaver
Thu Dec 21, 2017 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 452209

Re: What's Your Credit Card Rewards Strategy?

Amex-SPG-Business: A story of my mistake . I wanted to close my Amex SPG-Business card before it becomes subject to annual fees. I remembered that when closing a business card, it's important to close the account, not just the card, because some providers have separate numbers for the account and f...
by ImmigrantSaver
Thu Dec 21, 2017 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 452209

Re: What's Your Credit Card Rewards Strategy?

Doing travel hacking does take some work. For me and DW, it has paid off nicely. We have been in this game just over a year now. In this last year we have done the following trips using the rewards we have accumulated. 2 trips to Mexico resorts. 1 trip Hawaii. 1 trip Europe. The total cost for the ...
by ImmigrantSaver
Thu Dec 21, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 452209

Re: What's Your Credit Card Rewards Strategy?

So for those of you opening new cards with bonuses to the miles. What happens once you use up the bonus? Do you close the cards, or keep them and continue paying the fees? And also if you've been doing this for years, how sustainable is this strategy? Don't you run out of cards to open? People can ...
by ImmigrantSaver
Thu Dec 21, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 452209

Re: What's Your Credit Card Rewards Strategy?

^^ I found it to be the case too. Unless one travels for work a lot, it's hard to rack up the miles through spending. For example I try to make two international trips per year and while I prefer to eat at home (and take lunch from home), I do go out for food with friends a fair amount. I use Chase ...
by ImmigrantSaver
Wed Dec 20, 2017 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 452209

Re: What's Your Credit Card Rewards Strategy?

My wife and I have a trip to Australia coming up in a few months. Flying business class both ways and staying in 5 star hotels every night. Paid for all of it with points. 160k AA miles 195k Korean miles 72k Hyatt points 135k Hilton points 1 IHG free night certificate Taxes on the flights were mini...
by ImmigrantSaver
Thu Dec 14, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 452209

Re: What's Your Credit Card Rewards Strategy?

Question for the users of CSR/Ultimate rewards points. I have almost finished my bonus miles and the latest flight I booked is British Airways (BA) operated by American Airlines (AA). It seems BA and AA are affiliates and I can either earn BA or AA miles with this flight. I already have AA frequent ...
by ImmigrantSaver
Thu Nov 16, 2017 5:17 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262490

Re: U.S. stocks in freefall

livesoft wrote:
Thu Nov 16, 2017 3:31 pm
See this thread on RBDs: viewtopic.php?t=194427
Thank you!
by ImmigrantSaver
Thu Nov 16, 2017 3:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262490

Re: U.S. stocks in freefall

livesoft wrote:
Thu Nov 16, 2017 3:22 pm
ImmigrantSaver wrote:
Thu Nov 16, 2017 3:16 pm
What's the threshold for a RBD? I always thought it was 1%
It depends on a number of things, but any drop of less than 2.5% is not a RBD, but even a drop of 3.5% might not be an RBD.
2.5 vs 3.5. Does that depend on the asset class and it's historical volatility? What are other factors? TIA.
by ImmigrantSaver
Thu Nov 16, 2017 3:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262490

Re: U.S. stocks in freefall

The biggest question that I have is "Will this week end up in red i.e. close less than last Friday?" and if that is the case, how far would we have to go in the past to find similar "freefall"? FWIW, Vanguard Total Stock Market Index fund fell about 1.5% on both August 10, 2017 and August 17, 2017....
by ImmigrantSaver
Thu Nov 09, 2017 2:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262490

Re: U.S. stocks in freefall

Toons wrote:
Thu Nov 09, 2017 2:12 pm
ImmigrantSaver wrote:
Thu Nov 09, 2017 1:38 pm
I am contemplating buying my scheduled for tomorrow allocation today. Cause clearly tomorrow it'll be back up :oops:
Time,
Not Timing :happy
Well I do get an extra day in the market :)
by ImmigrantSaver
Thu Nov 09, 2017 1:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262490

Re: U.S. stocks in freefall

I am contemplating buying my scheduled for tomorrow allocation today. Cause clearly tomorrow it'll be back up :oops:
by ImmigrantSaver
Thu Nov 09, 2017 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Mastercard debit card with no foreign fees?
Replies: 7
Views: 515

Re: Mastercard debit card with no foreign fees?

Schwab high yield checking. Careful though- it does hard credit pull Edit: sorry. I missed the end of your post. I would recommend Capital one 360 as well too. I have both. Also I think HSBC has 2.50 flat foreign fee if you are premier customer (100k combined balance) but I can't remember if that's ...
by ImmigrantSaver
Fri Oct 13, 2017 11:17 am
Forum: Investing - Help with Personal Investments
Topic: What to do with fairly large amount of money in "maybe" house fund?
Replies: 5
Views: 1002

Re: What to do with fairly large amount of money in "maybe" house fund?

I had the similar situation that I asked about in this thread. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=228482&p=3548664#p3548664 My "housing fund" included not only downpayment but also the fairly high (NYC real estate) amount of the postclosing liquidity requirements. So for now I deci...
by ImmigrantSaver
Tue Sep 26, 2017 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Down payment allocation advice - flexible timeline.
Replies: 7
Views: 714

Re: Down payment allocation advice - flexible timeline.

Thank you everyone for your input. Points taken. I just need to determine my own comfort level as I admit I mentally anchored somewhat to that 300 figure and need to work throught that. I think it would be more beneficial to consider my overall portfolio as one unit rather than downpayment/retiremen...
by ImmigrantSaver
Tue Sep 26, 2017 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Down payment allocation advice - flexible timeline.
Replies: 7
Views: 714

Re: Down payment allocation advice - flexible timeline.

My marginal tax rate is 33%. I should able to add 80-90k net per year from bonus.

I haven't really considered NY tax exempt because it's not diversified. But maybe I should look into it?
by ImmigrantSaver
Tue Sep 26, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Down payment allocation advice - flexible timeline.
Replies: 7
Views: 714

Down payment allocation advice - flexible timeline.

Hi everyone! I have 300k in the savings account earmarked for down payment and emergency fund (250/50 split) Last year I have been seriously considering to purchase a studio coop in Manhattan. Unfortunately (or fortunately) all my offers have been outbid and I decided to take a summer off to sit bac...
by ImmigrantSaver
Thu Sep 07, 2017 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Couple in early 30s, any changes?
Replies: 28
Views: 4161

Re: Couple in early 30s, any changes?

investing1012 wrote:
Thu Sep 07, 2017 11:34 am
BW1985 wrote:
Thu Sep 07, 2017 9:02 am
I didn't know MD's can make 500K a couple years out of residency. Wowzers :shock:
You have to go into the right field. My first offer out of residency was 550K.
Some specialized surgery? Just curious..
by ImmigrantSaver
Mon Aug 28, 2017 10:37 pm
Forum: Investing - Theory, News & General
Topic: Demographic Headwinds for Stocks and Bonds?
Replies: 47
Views: 5585

Re: Demographic Headwinds for Stocks and Bonds?

itstoomuch wrote:
Mon Aug 28, 2017 4:04 pm
I like this thread.
BTW we have an unmarried son 32. Any one with daughters?
:annoyed :oops: 8-)
A daughter here :wink: (34)
by ImmigrantSaver
Mon Aug 14, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Quick question about replicating Total Stock Market and International allocation/location
Replies: 4
Views: 316

Re: Quick question about replicating Total Stock Market and International allocation/location

I am a bit confused about the allocation between those three funds to approximate the Total Market. According to wiki, if use all vanguard funds, the split is 81/4/15 between S&P500/Mid/Small, but for all Fidelity Funds the split is 81/10/9. Since I have to mix and match, would it be safe to stick ...
by ImmigrantSaver
Mon Aug 14, 2017 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Quick question about replicating Total Stock Market and International allocation/location
Replies: 4
Views: 316

Re: Quick question about replicating Total Stock Market and International allocation/location

A couple percent off is no big deal. In fact, a mid cap tilt may be advantageous. Search for Mel's unloved midcap. Regarding intl,Either way is fine as the amount of money in the tax credit will most likely be fairly small. Of course achieving your desired aa asap is usually best. How long would it...
by ImmigrantSaver
Mon Aug 14, 2017 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Quick question about replicating Total Stock Market and International allocation/location
Replies: 4
Views: 316

Quick question about replicating Total Stock Market and International allocation/location

For the longest time my 401k plan had only had Vanguard 500 (VIIIX) option, but it’s finally adding Fidelity Midcap (FSTPX) and Fidelity Smallcap (FSSVX) options to it. Yey! I am a bit confused about the allocation between those three funds to approximate the Total Market. According to wiki, if use ...
by ImmigrantSaver
Thu Aug 10, 2017 2:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262490

Re: U.S. stocks in freefall

Selling company stock soon. Perfect chance to spend some excess cash on VTI/VXUS! I am so tempted to buy my next month scheduled purchase of it today! That's the only index I've been buying this year (still not on target for international) so it would be just a prepurchase so to speak but not sure ...
by ImmigrantSaver
Tue Jun 27, 2017 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Where to find a financially like-minded significant other?
Replies: 140
Views: 10939

Re: Where to find a financially like-minded significant other?

If the English ancestry group does not have the highest concentration of millionaire households, then which group does? The Russian ancestry group ranks first ... KlangFool Russian billionaires are oligarchs with short life expectancy. Victoria VictoriaF, The link referred to American millionaires ...
by ImmigrantSaver
Tue Jun 27, 2017 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Where to find a financially like-minded significant other?
Replies: 140
Views: 10939

Re: Where to find a financially like-minded significant other?

Honestly, some women just need to be shown that instead of buying the $500 Manolo Blahnik shoes, buy the $150 Via Spiga shoes on sale at Nordstrom Rack, which are basically just as good, and put the other $350 in a Roth IRA. Haha me and you could be friends ;) I am at loss why so many women are obc...
by ImmigrantSaver
Tue Jun 27, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Where to find a financially like-minded significant other?
Replies: 140
Views: 10939

Re: Where to find a financially like-minded significant other?

Honestly, some women just need to be shown that instead of buying the $500 Manolo Blahnik shoes, buy the $150 Via Spiga shoes on sale at Nordstrom Rack, which are basically just as good, and put the other $350 in a Roth IRA. Haha me and you could be friends ;) I am at loss why so many women are obc...
by ImmigrantSaver
Tue Jun 27, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Where to find a financially like-minded significant other?
Replies: 140
Views: 10939

Re: Where to find a financially like-minded significant other?

Honestly, some women just need to be shown that instead of buying the $500 Manolo Blahnik shoes, buy the $150 Via Spiga shoes on sale at Nordstrom Rack, which are basically just as good, and put the other $350 in a Roth IRA. Haha me and you could be friends ;) I am at loss why so many women are obc...
by ImmigrantSaver
Mon Jun 26, 2017 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Where to find a financially like-minded significant other?
Replies: 140
Views: 10939

Re: Where to find a financially like-minded significant other?

If the English ancestry group does not have the highest concentration of millionaire households, then which group does? The Russian ancestry group ranks first ... KlangFool Russian billionaires are oligarchs with short life expectancy. Victoria VictoriaF, The link referred to American millionaires ...
by ImmigrantSaver
Mon Jun 26, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Where to find a financially like-minded significant other?
Replies: 140
Views: 10939

Re: Where to find a financially like-minded significant other?

I am a single female boglehead (34 yo) dating in NYC and I can relate to your concerns. But I think, provided that the other person is not a complete financial wreck, it's more important to focus on compatibility, common interests and similar life goals. It's hard to find someone with identical fin...
by ImmigrantSaver
Mon Jun 26, 2017 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Where to find a financially like-minded significant other?
Replies: 140
Views: 10939

Re: Where to find a financially like-minded significant other?

I am a single female boglehead (34 yo) dating in NYC and I can relate to your concerns. But I think, provided that the other person is not a complete financial wreck, it's more important to focus on compatibility, common interests and similar life goals. It's hard to find someone with identical fina...
by ImmigrantSaver
Tue Jun 06, 2017 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for cash back
Replies: 104
Views: 21333

Re: Best credit card for cash back

Citibank Double Cash MasterCard: 2% cashback on everything anytime. No annual fee, no special requirements, but has foreign fees. Well, there's one minor special requirement: if you redeem the cash back as a statement credit, you end up getting "only" 1.99% cash back. This is because of the silly w...